Nabors Industries Ltd. (NBR) saw its shares plummet 6.49% during pre-market trading. The significant drop followed the release of the company's fourth-quarter 2025 financial results.
The energy technology provider reported Q4 operating revenue of $797.53 million, falling short of the $808.53 million consensus estimate from analysts. While the company beat adjusted EBITDA expectations and highlighted progress in debt reduction, the revenue miss appears to have driven negative investor sentiment.
Nabors completed several transactions during the quarter that reduced net debt by approximately $554 million since the end of 2024, but traders focused on the revenue shortfall amid concerns about the company's top-line performance.