Nabors Industries Management
Management criteria checks 3/4
Nabors Industries' CEO is Tony Petrello, appointed in Jan 1991, has a tenure of 33.83 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 $39.99M. The average tenure of the management team and the board of directors is 7.7 years and 12.8 years respectively.
Key information
Tony Petrello
Chief executive officer
US$10.3m
Total compensation
| CEO salary percentage | 16.9% |
| CEO tenure | 33.8yrs |
| CEO ownership | 5.7% |
| Management average tenure | 7.7yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
Nabors Industries Ltd.'s (NYSE:NBR) Shares Bounce 28% But Its Business Still Trails The Industry
Oct 13
Nabors Industries (NYSE:NBR) Shareholders Will Want The ROCE Trajectory To Continue
Sep 29Nabors Industries Ltd. (NYSE:NBR) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Jul 26Nabors Industries Ltd. (NYSE:NBR) Stock Catapults 35% Though Its Price And Business Still Lag The Industry
Jul 19These 4 Measures Indicate That Nabors Industries (NYSE:NBR) Is Using Debt Extensively
Jun 15Nabors: Window To Reduce Debt Is Narrowing
Jun 06Investors Aren't Buying Nabors Industries Ltd.'s (NYSE:NBR) Revenues
May 27We Like These Underlying Return On Capital Trends At Nabors Industries (NYSE:NBR)
May 01Are Investors Undervaluing Nabors Industries Ltd. (NYSE:NBR) By 36%?
Mar 16Nabors Industries Is A Buy Despite The Saudi Announcement
Feb 19The Return Trends At Nabors Industries (NYSE:NBR) Look Promising
Jan 29Nabors Industries: Debt Concerns Linger
Jan 13Here's Why Nabors Industries (NYSE:NBR) Has A Meaningful Debt Burden
Jan 11Lacklustre Performance Is Driving Nabors Industries Ltd.'s (NYSE:NBR) Low P/S
Dec 19Nabors Industries: Setting Up For Another Buying Opportunity
Nov 11Nabors Industries: A Challenging Third Quarter
Oct 30Nabors Industries (NYSE:NBR) Is Looking To Continue Growing Its Returns On Capital
Oct 26These 4 Measures Indicate That Nabors Industries (NYSE:NBR) Is Using Debt Extensively
Oct 03Nabors Industries: Domestic Drilling Activity Is Declining
Jul 31Nabors Industries (NYSE:NBR) Is Doing The Right Things To Multiply Its Share Price
Jun 26Nabors Industries: Don't Worry Too Much About The U.S. Rig Count
May 30Nabors Industries (NYSE:NBR) Takes On Some Risk With Its Use Of Debt
Mar 17Investors Will Want Nabors Industries' (NYSE:NBR) Growth In ROCE To Persist
Feb 24Nabors Industries: A Decent Second Choice
Feb 09Is Nabors Industries (NYSE:NBR) Using Debt Sensibly?
Dec 09Miller Value Partners - Nabors: A Significantly Mispriced Opportunity
Nov 08Nabors Industries: A Positive Outlook For Demand Is Helping
Sep 06Nabors Non-GAAP EPS of -$6.99 beats by $0.68, revenue of $631.77M beats by $18.95M
Aug 03Is Nabors Industries (NYSE:NBR) Using Debt In A Risky Way?
Jul 13Nabors Industries: Still Overhang In The Market
Jun 21Nabors Industries: Average Rig Counts Rising
Apr 30Is Nabors Industries (NYSE:NBR) A Risky Investment?
Mar 26Nabors Industries: Oil Prices Come To The Rescue
Feb 15Nabors Industries: A Play For A Pivot To Drilling
Jan 06Nabors Industries (NYSE:NBR) Has Debt But No Earnings; Should You Worry?
Dec 21Nabors Industries: A Disappointing Quarter
Oct 29Nabors Industries: International Drilling Activity To The Rescue
Oct 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$169m |
| Jun 30 2024 | n/a | n/a | -US$169m |
| Mar 31 2024 | n/a | n/a | -US$132m |
| Dec 31 2023 | US$10m | US$2m | -US$50m |
| Sep 30 2023 | n/a | n/a | -US$97m |
| Jun 30 2023 | n/a | n/a | -US$56m |
| Mar 31 2023 | n/a | n/a | -US$133m |
| Dec 31 2022 | US$11m | US$2m | -US$361m |
| Sep 30 2022 | n/a | n/a | -US$405m |
| Jun 30 2022 | n/a | n/a | -US$513m |
| Mar 31 2022 | n/a | n/a | -US$626m |
| Dec 31 2021 | US$10m | US$2m | -US$582m |
| Sep 30 2021 | n/a | n/a | -US$583m |
| Jun 30 2021 | n/a | n/a | -US$623m |
| Mar 31 2021 | n/a | n/a | -US$581m |
| Dec 31 2020 | US$18m | US$1m | -US$838m |
| Sep 30 2020 | n/a | n/a | -US$994m |
| Jun 30 2020 | n/a | n/a | -US$957m |
| Mar 31 2020 | n/a | n/a | -US$1b |
| Dec 31 2019 | US$14m | US$2m | -US$741m |
| Sep 30 2019 | n/a | n/a | -US$661m |
| Jun 30 2019 | n/a | n/a | -US$640m |
| Mar 31 2019 | n/a | n/a | -US$635m |
| Dec 31 2018 | US$15m | US$2m | -US$652m |
| Sep 30 2018 | n/a | n/a | -US$572m |
| Jun 30 2018 | n/a | n/a | -US$583m |
| Mar 31 2018 | n/a | n/a | -US$489m |
| Dec 31 2017 | US$14m | US$2m | -US$490m |
Compensation vs Market: Tony's total compensation ($USD10.33M) is above average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
CEO
Tony Petrello (69 yo)
33.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 33.8yrs | US$10.33m | 5.75% $ 40.0m | |
| Chief Financial Officer | 10.7yrs | US$4.39m | 1.61% $ 11.2m | |
| Corporate Secretary | 17.2yrs | US$946.24k | 0.11% $ 770.0k | |
| VP & Chief Accounting Officer | no data | US$1.03m | no data | |
| Senior VP & Chief Administration Officer | 4.3yrs | no data | no data | |
| Senior VP | less than a year | no data | no data | |
| President of Energy Transition & Industrial Automation | 8.9yrs | no data | no data | |
| Senior Vice President of Global Drilling Operations | 2.8yrs | no data | no data | |
| Senior Vice President of Canrig & Nabors Drilling Solutions | 6.5yrs | no data | no data | |
| Senior Vice President of Finance Operations | no data | no data | no data | |
| Interim Chief Executive Officer | no data | no data | no data | |
| Vice President of Corporate Development & Investor Relations | no data | no data | no data |
7.7yrs
Average Tenure
65yo
Average Age
Experienced Management: NBR's management team is seasoned and experienced (7.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 33.8yrs | US$10.33m | 5.75% $ 40.0m | |
| Independent Director | 12.8yrs | US$380.00k | 0.15% $ 1.1m | |
| Independent Director | 5.8yrs | US$550.00k | 0.12% $ 825.7k | |
| Independent Director | 12.8yrs | US$534.00k | 0.13% $ 893.0k | |
| Independent Lead Director | 14.8yrs | US$430.00k | 0.22% $ 1.5m | |
| Independent Director | 7.4yrs | US$549.00k | 0.14% $ 946.7k | |
| Independent Director | 11.3yrs | US$420.00k | 0.16% $ 1.1m |
12.8yrs
Average Tenure
69yo
Average Age
Experienced Board: NBR's board of directors are seasoned and experienced ( 12.8 years average tenure).