Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Nabors Industries Ltd. is a global provider of drilling and drilling-related services for the oil and gas industry, operating primarily in the energy services and oilfield services sectors. The company’s core business centers on the ownership and operation of land-based drilling rigs, along with a growing portfolio of drilling automation, digitalization, and well-construction technologies. Nabors serves major and independent oil and gas producers across key hydrocarbon-producing regions worldwide.
The company generates the majority of its revenue from contract drilling services, complemented by technology-driven offerings that enhance drilling efficiency, safety, and cost control. Nabors is strategically positioned as one of the world’s largest land drilling contractors, with a focus on high-specification rigs designed for complex horizontal and extended-reach wells. Founded in 1952 as Anglo Canadian Drilling Company, Nabors evolved through decades of acquisitions and technological investment into a diversified global drilling contractor, formally adopting the Nabors Industries name in 1972.
Business Operations
Nabors operates through several core business segments, primarily U.S. Drilling, International Drilling, and Drilling Solutions. The U.S. Drilling segment focuses on land-based rig operations in major shale basins, generating revenue through day-rate drilling contracts. The International Drilling segment provides similar services across Latin America, the Middle East, and other international markets, often under long-term contracts with national and international oil companies.
The Drilling Solutions segment includes advanced technologies such as automated drilling systems, directional drilling, and drilling optimization software, largely delivered through Nabors Drilling Solutions (NDS) and Nabors Drilling Technologies (NDT). The company controls a fleet of high-performance rigs, proprietary automation platforms, and digital drilling tools. Nabors maintains strategic partnerships, including a long-standing joint venture with Saudi Aramco through SANAD Drilling, which represents one of its most significant international assets.
Strategic Position & Investments
Nabors’ strategic direction emphasizes high-margin, technology-enabled drilling services and long-term contracts in stable international markets. Growth initiatives include expanding automated drilling adoption, integrating digital platforms across its rig fleet, and increasing exposure to regions with national oil company-led development programs. The company has prioritized capital allocation toward rig upgrades and technology investments rather than large-scale fleet expansion.
Notable investments include continued development of Nabors Drilling Solutions, expansion of SANAD Drilling, and participation in emerging energy-adjacent technologies such as geothermal drilling through its technology platforms. Nabors has also made selective acquisitions and equity investments in drilling technology companies to strengthen its automation and data analytics capabilities. Data inconclusive based on available public sources regarding material investments outside energy-related drilling technologies.
Geographic Footprint
Nabors is headquartered in Hamilton, Bermuda, with principal operational offices in Houston, Texas. The company maintains a significant presence in North America, particularly across U.S. shale basins such as the Permian, Eagle Ford, and Bakken. Internationally, Nabors operates across Latin America, the Middle East, and parts of Asia and Africa.
The company’s international footprint is anchored by long-term operations in countries including Saudi Arabia, Mexico, Colombia, and Argentina. Through joint ventures and subsidiaries, Nabors exerts substantial operational influence in regions dominated by national oil companies, providing drilling services, rig management, and technology deployment across multiple continents.
Leadership & Governance
Nabors is led by a management team with extensive experience in drilling operations, energy technology, and global oilfield services. The company emphasizes operational excellence, technology-driven differentiation, and disciplined capital management as core elements of its leadership philosophy. Governance is overseen by a board of directors with backgrounds in energy, finance, and industrial operations.
Key executives include:
- Anthony G. Petrello – Chairman of the Board, President, and Chief Executive Officer
- William Restrepo – Chief Financial Officer
- William S. Marshall – Chief Operating Officer
- Trey Clark – Chief Information Officer
- Carlos Sánchez – Senior Vice President, International Operations
The leadership team’s strategic vision centers on transforming Nabors into a technology-enabled drilling contractor with resilient cash flows and a strong international contract base.