Nabors Industries Management

Management criteria checks 3/4

Nabors Industries' CEO is Tony Petrello, appointed in Jan 1991, has a tenure of 33.92 years. total yearly compensation is $10.33M, comprised of 16.9% salary and 83.1% bonuses, including company stock and options. directly owns 5.75% of the company’s shares, worth €27.95M. The average tenure of the management team and the board of directors is 7.8 years and 12.9 years respectively.

Key information

Tony Petrello

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage16.9%
CEO tenure33.9yrs
CEO ownership5.7%
Management average tenure7.8yrs
Board average tenure12.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tony Petrello's remuneration changed compared to Nabors Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$169m

Jun 30 2024n/an/a

-US$169m

Mar 31 2024n/an/a

-US$132m

Dec 31 2023US$10mUS$2m

-US$50m

Sep 30 2023n/an/a

-US$97m

Jun 30 2023n/an/a

-US$56m

Mar 31 2023n/an/a

-US$133m

Dec 31 2022US$11mUS$2m

-US$361m

Sep 30 2022n/an/a

-US$405m

Jun 30 2022n/an/a

-US$513m

Mar 31 2022n/an/a

-US$626m

Dec 31 2021US$10mUS$2m

-US$582m

Sep 30 2021n/an/a

-US$583m

Jun 30 2021n/an/a

-US$623m

Mar 31 2021n/an/a

-US$581m

Dec 31 2020US$18mUS$1m

-US$838m

Sep 30 2020n/an/a

-US$994m

Jun 30 2020n/an/a

-US$957m

Mar 31 2020n/an/a

-US$1b

Dec 31 2019US$14mUS$2m

-US$741m

Sep 30 2019n/an/a

-US$661m

Jun 30 2019n/an/a

-US$640m

Mar 31 2019n/an/a

-US$635m

Dec 31 2018US$15mUS$2m

-US$652m

Sep 30 2018n/an/a

-US$572m

Jun 30 2018n/an/a

-US$583m

Mar 31 2018n/an/a

-US$489m

Dec 31 2017US$14mUS$2m

-US$490m

Compensation vs Market: Tony's total compensation ($USD10.33M) is above average for companies of similar size in the German market ($USD1.01M).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


CEO

Tony Petrello (69 yo)

33.9yrs

Tenure

US$10,334,034

Compensation

Mr. Anthony G. Petrello, also known as Tony, serves as a President, Chief Executive Officer, Secretary and Director at Nabors Energy Transition Corp. since March 2021. He also serves as the Chairman at Nab...


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Petrello
Chairman33.9yrsUS$10.33m5.75%
€ 28.0m
William Restrepo
Chief Financial Officer10.8yrsUS$4.39m1.61%
€ 7.8m
Mark Andrews
Corporate Secretary17.3yrsUS$946.24k0.11%
€ 538.3k
R. Wood
VP & Chief Accounting Officerno dataUS$1.03mno data
Jade Strong
Senior VP & Chief Administration Officer4.3yrsno datano data
Michael Csizmadia
Senior VPless than a yearno datano data
Siegfried Meissner
President of Energy Transition & Industrial Automation9yrsno datano data
Travis Purvis
Senior Vice President of Global Drilling Operations2.9yrsno datano data
Subodh Saxena
Senior Vice President of Canrig & Nabors Drilling Solutions6.6yrsno datano data
Miguel Rodriguez
Senior Vice President of Finance Operationsno datano datano data
Miguel Sanchez
Interim Chief Executive Officerno datano datano data
William Conroy
Vice President of Corporate Development & Investor Relationsno datano datano data

7.8yrs

Average Tenure

65yo

Average Age

Experienced Management: NBI1's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Petrello
Chairman33.9yrsUS$10.33m5.75%
€ 28.0m
James Crane
Independent Director12.9yrsUS$380.00k0.15%
€ 749.4k
Anthony Chase
Independent Director5.8yrsUS$550.00k0.12%
€ 577.1k
Michael Linn
Independent Director12.9yrsUS$534.00k0.13%
€ 624.2k
John Yearwood
Independent Lead Director14.9yrsUS$430.00k0.22%
€ 1.1m
Tanya Beder
Independent Director7.5yrsUS$549.00k0.14%
€ 661.7k
John Kotts
Independent Director11.4yrsUS$420.00k0.16%
€ 790.1k

12.9yrs

Average Tenure

69yo

Average Age

Experienced Board: NBI1's board of directors are seasoned and experienced ( 12.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 00:32
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nabors Industries Ltd. is covered by 57 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets