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Nabors Industries Appoints New Chief Financial Officer

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Nabors Industries Appoints New Chief Financial Officer

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An announcement from Nabors Industries ( (NBR) ) is now available.

On October 1, 2025, Nabors Industries announced the appointment of Miguel Rodriguez as the new Chief Financial Officer, succeeding William Restrepo who retired on September 30, 2025. Rodriguez, who has been with Nabors since 2019, brings over 25 years of finance experience and has previously worked at SLB Drilling Group. His appointment comes with a comprehensive compensation package, including a base salary, bonuses, and equity awards, as well as a severance agreement outlining benefits in the event of termination. This leadership change is expected to influence Nabors’ financial strategy and operations, potentially impacting stakeholders and the company’s market positioning.

The most recent analyst rating on (NBR) stock is a Sell with a $36.00 price target. To see the full list of analyst forecasts on Nabors Industries stock, see the NBR Stock Forecast page.

Spark’s Take on NBR Stock

According to Spark, TipRanks’ AI Analyst, NBR is a Neutral.

Nabors Industries’ overall stock score is primarily impacted by its financial performance challenges, including high leverage and negative profitability. However, positive technical indicators and strategic corporate events, such as the sale of Quail Tools, provide some support. The earnings call and valuation factors also contribute to a cautious outlook.

To see Spark’s full report on NBR stock, click here.

More about Nabors Industries

Nabors Industries Ltd. operates in the oil and gas drilling industry, providing drilling services and equipment to the energy sector.

Average Trading Volume: 519,450

Technical Sentiment Signal: Sell

Current Market Cap: $652.5M

See more data about NBR stock on TipRanks’ Stock Analysis page.

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