Nabors Industries Reports Q1 2026 Results Amid Middle East Conflict Impact
Nabors Industries reported first-quarter revenue of $784 million with adjusted EBITDA of $205 million, despite operational inefficiencies caused by the ongoing conflict in the Middle East. The company expects a continued impact on earnings through Q2 and is focused on debt reduction as its top priority.
Tickers: $NBR
Topics: debt reduction drilling services financial performance oil and gas