Recent Updates — NBRWF

On July 23, 2026, Nabors Industries Ltd. and its subsidiary Nabors Delaware entered into a waiver with Citibank N.A. and lenders to the amended credit agreement dated June 17, 2024. The waiver removes restrictions allowing Nabors Delaware to optionally redeem up to $100.0 million in aggregate principal amount of its 9.125% senior priority guaranteed notes due 2030. This partial redemption is expected to occur on August 12, 2026. Nabors Industries Ltd. operates in the oil and gas services industry, providing drilling and well construction services.

Nabors Industries Ltd. reported second quarter 2026 operating revenues of $815 million, a 4% increase from the first quarter, and a net loss attributable to shareholders of $22 million. Adjusted EBITDA rose to $222 million, while adjusted free cash flow improved to $12 million. The company raised its full-year adjusted EBITDA guidance to $920–$930 million and reduced full-year capital spending expectations to $710–$730 million. Nabors operates in the oil and gas drilling services industry, providing land and international drilling solutions and technology.