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Nabors Announces Second Quarter 2024 Update

HAMILTON, Bermuda, June 20, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today announced that on June 18, 2024, William Restrepo, the Chief Financial Officer of Nabors Industries Ltd. (the "Company") attended the J.P. Morgan Energy, Power & Renewables Conference, where he participated in a "fireside chat" and one-on-one meetings with industry analysts and investors.  Mr. Restrepo mentioned that in the International Drilling segment and in the Lower 48, a portion of the Company's U.S. Drilling segment, activity and financial results quarter to date support the outlook previously issued by the Company. He also noted that prospects for the Company's Drilling Solutions segment remain strong, with activity in international markets and on non-Nabors rigs expected to drive future growth. He commented that the Company is still tracking 2024 capital expenditures of approximately $590 million. About Nabors Industries Nabors Industries (NYSE:NBR) is a leading provider of advanced technology for the energy industry. With presence in more than 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower-carbon world. Learn more about Nabors and its energy technology leadership: Forward-looking Statements The information included in this press release includes forward-looking statements within the meaning ...