NABORS INDUSTRIES LTD (NBR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: October 31, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 44.36% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
15M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

NBR currently has 15.3M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 44.36% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Oct 31, 2025

10-Q filing | 15.3M shares outstanding

15M 0
Aug 01, 2025

10-Q filing | 14.1M shares outstanding

14M 0
May 09, 2025

10-Q filing | 14.5M shares outstanding

15M 0
Feb 13, 2025

10-K filing | 10.8M shares outstanding

11M 0
Nov 01, 2024

10-Q filing | 10.7M shares outstanding

11M 0
Jul 26, 2024

10-Q filing | 10.7M shares outstanding

11M 0
May 03, 2024

10-Q filing | 10.7M shares outstanding

11M 0
Feb 12, 2024

10-K filing | 10.6M shares outstanding

11M 0
Oct 27, 2023

10-Q filing | 9.1M shares outstanding

9.1M 0
Jul 28, 2023

10-Q filing | 9.2M shares outstanding

9.2M 0
Apr 27, 2023

10-Q filing | 9.9M shares outstanding

9.9M 0
Feb 09, 2023

10-K filing | 8.9M shares outstanding

8.9M 0
Oct 27, 2022

10-Q filing | 9.1M shares outstanding

9.1M 0
Aug 04, 2022

10-Q filing | 9.1M shares outstanding

9.1M 0
May 02, 2022

10-Q filing | 9.4M shares outstanding

9.4M 0
Feb 18, 2022

10-K filing | 8.6M shares outstanding

8.6M 0
Nov 26, 2021

8-K filing: Nabors Industries, Inc. completed the sale of $700 million aggregate principal amount of its 7.375% Senior Priority Guaranteed Notes due 2027 to Initial Purchasers, receiving net proceeds of approximately $688.9 million after deducting estimated offering commissions and expenses. ($688.9M proceeds)

7.9M 550K
Nov 05, 2021

10-Q filing | 7.9M shares outstanding

7.9M 550K
Aug 02, 2021

10-Q filing | 7.5M shares outstanding

7.5M 1M
Jul 23, 2021

8-K filing: Nabors Industries Ltd. issued 147,974 common shares at $110.83 per share on July 20, 2021, for $16.4 million as part of an asset purchase agreement through its subsidiary NETS. ($16.4M proceeds)

7.1M 1.4M
Jun 14, 2021

8-K filing: Nabors Industries Ltd. distributed warrants to purchase up to 4,989,747 of its common shares to holders of record as of June 4, 2021, with an initial exercise price of $166.66667 per warrant.

7.1M 1.4M
Jun 11, 2021

8-K filing: Nabors Industries Ltd. announced the distribution of warrants to purchase Common Shares to the holders of record of the Company's common shares.

7.1M 1.4M
Apr 29, 2021

10-Q filing | 7.1M shares outstanding

7.1M 1.4M
Feb 24, 2021

10-K filing | 7.1M shares outstanding

7.1M 1.4M
Feb 05, 2021

S-3 filing: Nabors Industries may offer and sell up to $100 million in the aggregate of debt securities, guarantees of debt securities, preferred shares, common shares, depositary shares, share purchase contracts, share purchase units and warrants from time to time in one or more offerings.

7.1M 1.4M
Nov 04, 2020

10-Q filing | 7.1M shares outstanding

7.1M 0
Aug 04, 2020

10-Q filing | 7.1M shares outstanding

7.1M 0
May 08, 2020

10-Q filing | 7.1M shares outstanding

7.1M 0
Apr 22, 2020
Stock Split

8-K filing: Stock split 1-for-50 | Outstanding: 351,617,000 → 7,032,340

7M 0
Feb 25, 2020

10-K filing | 351.6M shares outstanding

350M 0
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