Transaction Reduces Nabors Net Debt by More Than 25% HAMILTON, Bermuda, Aug. 20, 2025 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced it has entered into a definitive agreement to sell Nabors' Quail Tools, LLC ("Quail") subsidiary to Superior...
Related Questions
How will the $600 million sale of Quail Tools and the resulting >25% reduction in net debt affect Nabors' valuation and stock price in the short term?
How does this divestiture position Nabors relative to its peers in the drilling and oilfield services sector, and could it trigger a re-rating by the market?
What are the potential impacts on Nabors' revenue and earnings forecasts now that Quail Tools, a presumably profitable segment, is being divested?