Nabors Q3 2026 adjusted EBITDA rises 11% to $245.54 million
NBR•Nabors Industries’ third-quarter 2026 adjusted EBITDA rose 11% quarter-on-quarter to $245.54 million, while adjusted free cash flow reached $74.52 million. The company targets about $930 million in full-year adjusted EBITDA and $100 million to $110 million in adjusted free cash flow.
1. Quarterly results and guidance
Nabors Industries’ third-quarter 2026 adjusted EBITDA increased 11% from the previous quarter to $245.54 million. Adjusted free cash flow climbed to $74.52 million, supported by higher profitability, lower capital spending and improved working capital. The company’s 2026 guidance targets approximately $930 million in adjusted EBITDA and $100 million to $110 million in adjusted free cash flow.
2. Venezuela contract
A multiyear contract will return drilling operations to Venezuela, with one rig scheduled for deployment in early 2027.
