NBR - Nabors Industries Ltd.

NYSE - NYSE Delayed Price. Currency in USD

Nabors Industries Ltd.

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

Sector(s)Energy
IndustryOil & Gas Drilling
Full Time Employees14,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Anthony G. PetrelloChairman, Pres & CEO4.66MN/A1955
Mr. William J. RestrepoChief Financial Officer1.7MN/A1959
Mr. Mark D. AndrewsCorp. Sec.418.57kN/A1973
Mr. R. Clark WoodVP & Chief Accounting OfficerN/AN/A1972
Mr. Sri ValleruSr. VP, Chief Information Officer & Chief Digital OfficerN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is 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. It operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The company offers tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; logging-while-drilling systems and services; and an optimization software. Its drilling tools include Acculine MWD tool for well-site handling; AccuSteer tool for downhole drilling dynamics measurements, and annular and bore pressure applications; and AccuMP MWD tool that provides accurate survey, gamma, and continuous inclination data; In addition, the company offers AccuWave, an electromagnetic MWD system for use in various drilling fluid environments; Navigator collaborative guidance and advisory platform that delivers automated directional drilling information and instructions; ROCKit, a directional steering control system; and REVit, an automated real time stick-slip mitigation system. Further, it manufactures and sells top drives, catwalks, wrenches, draw works, and other drilling related equipment, such as robotic systems and downhole tools; and provides automated tubular and tool handling equipment. As of December 31, 2019, the company marketed approximately 366 rigs for land-based drilling operations in the United States and Canada, as well as in 16 other countries worldwide; and 33 rigs for offshore drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is headquartered in Hamilton, Bermuda.

Corporate Governance

Nabors Industries Ltd.’s ISS Governance QualityScore as of December 7, 2019 is 7. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 2; 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 a 10 indicates higher governance risk.