Nabors Industries Ltd. (NBR)

80.65 +4.65 (+6.12%) At close: 04:00PM EDT

Nabors Industries Ltd.

Crown House
Second Floor 4 Par-la-Ville Road
Hamilton HM 08
Bermuda
441 292 1510
https://www.nabors.com

Sector(s): Energy
Industry: Oil & Gas Drilling
Full-time employees: 12,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anthony G. Petrello	Chairman, President & CEO	6.15M	N/A	1955
Mr. William J. Restrepo	Chief Financial Officer	2.68M	N/A	1959
Mr. Mark D. Andrews	Corporate Secretary	588.96k	N/A	1973
Mr. R. Clark Wood	VP & Chief Accounting Officer	815.79k	N/A	1972
Ms. Jade Strong	Senior VP & Chief Administration Officer	N/A	N/A	N/A
Mr. Michael V. Csizmadia	General Counsel & Chief Compliance Officer	N/A	N/A	N/A
Mr. Siegfried Meissner	President of Energy Transition & Industrial Automation	N/A	N/A	1953
Mr. Travis Purvis	Senior Vice President of Global Drilling Operations	N/A	N/A	N/A
Mr. Subodh Saxena	Senior Vice President of Canrig & Nabors Drilling Solutions	N/A	N/A	N/A
Mr. Yehya Altameimi	Chief Executive Officer of Saudi Aramco Nabors Drilling	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.

Corporate governance

Nabors Industries Ltd.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 1; Board: 7; Shareholder rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.