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Nabors posts Q3 revenue growth, $75M free cash flow, and raises 2026 EBITDA outlook amid strong drilling performance.

Company Fundamentals
27 Oct 2026, 23:15 WIB
PRNewsWire
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Bullish
Nabors posts Q3 revenue growth, $75M free cash flow, and raises 2026 EBITDA outlook amid strong drilling performance.

Nabors Industries reported a 7% sequential revenue increase to $872 million in Q3 2026, with adjusted EBITDA rising nearly 11% to $246 million. The company achieved record international drilling margins and expanded its Lower 48 rig fleet, driving profitability and $75 million in adjusted free cash flow. Nabors also improved its debt position by redeeming $100 million in notes and expects full-year 2026 adjusted EBITDA near $930 million, with further growth anticipated in Q4. The outlook includes higher rig counts and margins, supported by advanced technology and strong market demand.

Nabors Industries' third quarter 2026 results provide context for energy sector trends. For readers following the energy sector, here is Pluang's market snapshot as of Oct 28, 2026 03:22 WIB: Among 79 priced US energy stocks, 35 rose and 44 fell. Notable movers include Valero Energy Corporation (VLO) at USD 387.51 with a 1-day change of -9.20% and Pluang order activity showing 34% Sell / 66% Buy, HF Sinclair Corporation (DINO) at USD 114.00 with a 1-day change of -8.98% and 0% Sell / 100% Buy order activity, and PBF Energy Inc. (PBF) at USD 73.38 with a 1-day change of -8.90% and 97% Sell / 3% Buy activity. Typical hold times on Pluang range from 4 to 55 days among these stocks.

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