Earnings Call Insights: Nabors Industries Ltd. (NBR) Q4 2025 Management View Anthony Petrello, Chairman, President & CEO, highlighted the completion of several significant transactions: "During 2025 and through the beginning of this year, we completed a sequence of significant transactions, beginning with the purchase of Parker Wellbore for Nabors shares and assumption of debt, followed by the sal...
Earnings Call Insights: Nabors Industries Ltd. (NBR) Q4 2025 Management View Anthony Petrello, Chairman, President & CEO, highlighted the completion of several significant transactions: "During 2025 and through the beginning of this year, we completed a sequence of significant transactions, beginning with the purchase of Parker Wellbore for Nabors shares and assumption of debt, followed by the sale of Quail Tools and finishing with debt redemptions and a significant debt refinancing." Petrello stated the company reduced net debt by $554 million, resulting in a lower annualized cash interest expense by approximately $45 million and a portfolio from Parker expected to contribute at least $70 million in adjusted EBITDA for 2026. Petrello emphasized stronger performance in the U.S. Drilling segment and continued momentum in international growth, particularly in the Lower 48 and Middle East. The PACE-X Ultra rig was noted as a key technology driver: "The first unit has been working for Catalyst in South Texas since mid-September. We had high expectations for this rig. It has delivered." Petrello added, "Our net debt is down by more than $550 million. It stands at the lowest level since 2005." Miguel Rodriguez, Chief Financial Officer, stated, "Full year 2025 revenue was $3.2 billion, reflecting growth of 8.7% year-over-year, driven primarily by the acquisition of Parker and a strong international expansion. Full year adjusted EBITDA was $913 million, $31 million higher than the prior year." Rodriguez reported, "Fourth quarter consolidated revenue was $798 million, a decrease of $21 million or 2.5% sequentially," noting the impact from the Quail Tools divestiture, but also highlighted sequential growth excluding Quail. He added, "EBITDA was $222 million, representing an EBITDA margin of 27.8%, down 110 basis points sequentially." Outlook Rodriguez outlined that for Q1 2026, U.S. Drilling average rig count is expected to reach 64 to 65 rigs, with daily adjusted gross margi...
Mona Scott-Young, CEO of Monami Entertainment and executive producer of the “Love & Hip Hop” franchise, discusses her transition from entertainment enthusiast to talent manager, as well as Black representation and opportunities in the media industry. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Mona Scott-Young, CEO of Monami Entertainment and executive producer of the “Love & Hip Hop” franchise, discusses her transition from entertainment enthusiast to talent manager, as well as Black representation and opportunities in the media industry. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Live cattle futures rounded out the Thursday session with contracts up 15 cents in nearby February and down 30 to 50 cents in other contracts. Cash trade remains quiet so far this week. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,272 head offered, with bids...
Live cattle futures rounded out the Thursday session with contracts up 15 cents in nearby February and down 30 to 50 cents in other contracts. Cash trade remains quiet so far this week. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,272 head offered, with bids...
Lean hog futures ended Thursday with contracts down $1.75 to $2.02, as soon to expire February was down 15 cents. USDA’s national base hog price was reported at $86.95 on Thursday afternoon, down $1.22 from the day prior. The CME Lean Hog Index was 20 cents higher on Feb 6...
Lean hog futures ended Thursday with contracts down $1.75 to $2.02, as soon to expire February was down 15 cents. USDA’s national base hog price was reported at $86.95 on Thursday afternoon, down $1.22 from the day prior. The CME Lean Hog Index was 20 cents higher on Feb 6...
Soybeans posted front month gains of 11 to 13 ¼ cents on Thursday, with new crop November up 5 ¾ cents. The cmdtyView national average Cash Bean price was up 13 1/4 cents at $10.72 1/2. Soymeal futures were $4.00 to $4.70 higher on the day, with Soy Oil futures...
Soybeans posted front month gains of 11 to 13 ¼ cents on Thursday, with new crop November up 5 ¾ cents. The cmdtyView national average Cash Bean price was up 13 1/4 cents at $10.72 1/2. Soymeal futures were $4.00 to $4.70 higher on the day, with Soy Oil futures...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Oracle Corporation of Class Action Lawsuit and Upcoming Deadlines - ORCL PR Newswire
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Oracle Corporation of Class Action Lawsuit and Upcoming Deadlines - ORCL PR Newswire