• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: Nabors Industries Ltd. filed SEC Form 8-K: Financial Statements and Exhibits

    5/21/25 5:01:10 PM ET
    $NBR
    Oil & Gas Production
    Energy
    Get the next $NBR alert in real time by email
    false 0001163739 0001163739 2025-03-11 2025-03-11 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

     

    FORM 8-K/A

    (Amendment No. 1)

     

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): March 11, 2025

     

     

     

    NABORS INDUSTRIES LTD.

    (Exact Name of Registrant as Specified in Charter)

     

     

     

    Bermuda   001-32657   98-0363970
    (State or Other Jurisdiction of
    Incorporation)
      (Commission File Number)   (I.R.S. Employer
    Identification No.)

     

    Crown House
    4 Par-la-Ville Road
    Second Floor
    Hamilton, HM08 Bermuda

    (Address of Principal Executive Offices, and Zip Code)

     

    (441) 292-1510

    Registrant’s Telephone Number, Including Area Code

     

     

    N/A

    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ¨Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ¨Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ¨Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common Shares   NBR   New York Stock Exchange

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

     

    Introductory Note

     

    This Amendment No. 1 on Form 8-K/A (this “Amendment”) is being filed by Nabors Industries Ltd., a Bermuda exempted company (“Nabors”), to amend and supplement its Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on March 12, 2025 (the “Prior Form 8-K”). As previously disclosed in the Prior Form 8-K, on March 11, 2025, Nabors completed the acquisition of Parker Drilling Company, a Delaware corporation (“Parker”).

     

    Nabors is filing this Amendment solely to supplement Item 9.01 of the Prior Form 8-K to provide the financial statements and pro forma financial information related to its acquisition of Parker required by Items 9.01(a) and 9.01(b) of Form 8-K and should be read in conjunction with the Prior Form 8-K. Except for the foregoing, this Amendment does not modify or update any other disclosure contained in the Prior Form 8-K.

     

    Item 9.01. Financial Statements and Exhibits.

     

    (a) Financial Statements of Parker

     

    The audited consolidated balance sheets of Parker and its subsidiaries as of December 31, 2024 and 2023 and related consolidated statements of operations and comprehensive income (loss), changes in stockholders’ equity, and cash flows for each of the years ended December 31, 2024 and 2023, and the related notes thereto, are filed as Exhibit 99.1 hereto, and are incorporated herein by reference.

     

    (b) Pro-Forma Financial Statements

     

    The unaudited pro forma condensed combined financial statements of Nabors as of and for the year ended December 31, 2024, are filed as Exhibit 99.2 hereto, and are incorporated herein by reference.

     

    (d) Exhibits

     

    23.1 Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm, for Parker Drilling Company.
    99.1 Audited Consolidated Financial Statements of Parker Drilling Company as of December 31, 2024 and 2023 and for the years ended December 31, 2024 and 2023.
    99.2 Unaudited pro forma combined financial information of Nabors Industries Ltd.
    104  Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

     

     

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

     

      Nabors Industries Ltd.
       
    Date: May 21, 2025 By: /s/ Mark D. Andrews
        Name: Mark D. Andrews
        Title: Corporate Secretary

     

     

     

    Get the next $NBR alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NBR

    DatePrice TargetRatingAnalyst
    5/19/2025$28.00Equal Weight → Underweight
    Barclays
    9/13/2024$110.00 → $75.00Buy → Neutral
    Citigroup
    1/16/2024Buy → Hold
    The Benchmark Company
    10/17/2023$160.00 → $175.00Equal-Weight → Overweight
    Morgan Stanley
    7/19/2023Hold → Buy
    The Benchmark Company
    5/9/2023$250.00 → $150.00Overweight → Equal Weight
    Barclays
    4/18/2023$175.00 → $165.00Underweight → Equal-Weight
    Morgan Stanley
    1/19/2023Hold
    The Benchmark Company
    More analyst ratings