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On the Record · Nabors Industries

Nabors Industries acquisitions, on the record

The businesses Nabors Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Canada Drilling assets
Word for word“In July 2021, we sold our Canada Drilling segment assets for approximately $94.0 million.” 10-K for 2023
divestitureJuly 2021approximately $94.0 million
Canada Drilling segment assets
Word for word“In July 2021, we closed on the sale of our Canada Drilling segment assets for approximately $ 94.0 million.” 10-K for 2023
divestitureJuly 2021—
Vast Renewables Limited (Vast)
Word for word“The business combination was completed on December 18, 2023 with NETC merging with and into a wholly owned subsidiary of Vast.” 10-K for 2023
mergerDecember 18, 2023—
Parker Drilling Company
Word for word“On October 14, 2024, we and certain subsidiaries of ours entered into a merger agreement (the “Merger Agreement”) to acquire Parker Drilling Company (“Parker”), pursuant to which, upon the terms and subject to the conditions set forth therein, we will acquire Parker for 4.8 million of our common shares, subject to a collar.” 10-K for 2024
agreed acquisitionOn October 14, 20244.8 million of our common shares, subject to a collar
Quail Tools, LLC
Word for word“On August 20, 2025, we sold Quail Tools, LLC (“Quail Tools”), a subsidiary of the Company, to Superior Energy Services, Inc.” 10-K for 2025
divestitureAugust 20, 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$22.3 million—
2017-12-31−$12.3 million$5.7 million
2018-12-31$20.9 million$11.4 million
2019-12-31$2.9 million—

Deal filings since 2016

Read from Nabors Industries’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.