Nabors (NBR) Q2 FY26 earnings call

Nabors delivered a strong second quarter, outperforming expectations across all segments driven by disciplined execution and robust international performance. The company is capitalizing on improving Lower 48 market conditions with higher utilization and pricing momentum, while its technology portfolio increasingly drives earnings and differentiation. Despite some timing-related capital expenditure and free cash flow impacts, Nabors raised its full-year EBITDA guidance, underscoring confidence in its strategic positioning and ability to generate durable shareholder value.