Nabors Shares Slip 1.85% After Oceaneering’s Q4 Revenue Drop 6.3%
Nabors Industries shares fell 1.85% after peer Oceaneering posted Q4 adjusted EPS of $0.45, beating estimates, while revenues dipped 6.3% to $668.6M and adjusted EBITDA dropped 10.9% to $90.5M. The company repurchased 419,005 shares for $10.1M and forecasts Q1 EBITDA of $80–$90M on lower energy activity.
1. Q4 Performance
Peer oilfield services provider Oceaneering reported adjusted EPS of $0.45 in Q4 2025, beating consensus, while total revenue declined 6.3% year over year to $668.6 million and adjusted EBITDA fell 10.9% to $90.5 million.
2. Impact on Nabors Industries
Nabors Industries shares declined 1.85% in response to Oceaneering’s mixed results, reflecting investor concerns over revenue weakness in energy services peers and potential margin pressures across the sector.
3. Share Repurchase and Q1 Guidance
Oceaneering repurchased 419,005 shares for $10.1 million during the quarter and projects first-quarter EBITDA between $80 million and $90 million, citing lower activity levels in energy markets at the start of 2026.