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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues and other income:      
Operating revenues $ 3,005,981 $ 2,653,766 $ 2,017,548
Investment income (loss) 43,820 14,992 1,557
Total revenues and other income 3,049,801 2,668,758 2,019,105
Costs and other deductions:      
Direct costs 1,790,380 1,666,004 1,286,896
General and administrative expenses 244,147 228,431 213,559
Research and engineering 56,297 49,939 35,153
Depreciation and amortization 645,294 665,072 693,381
Interest expense 185,285 177,895 171,476
Impairments and other charges     66,731
Other, net (726) 127,099 39,998
Total costs and other deductions 2,920,677 2,914,440 2,507,194
Income (loss) before income taxes 129,124 (245,682) (488,089)
Income tax expense (benefit):      
Current 63,339 54,199 66,327
Deferred 15,881 7,337 (10,706)
Total income tax expense (benefit) 79,220 61,536 55,621
Income (loss) from continuing operations, net of tax 49,904 (307,218) (543,710)
Income (loss) from discontinued operations, net of tax     20
Net income (loss) 49,904 (307,218) (543,690)
Less: net (income) loss attributable to noncontrolling interest (61,688) (43,043) (25,582)
Net income (loss) attributable to Nabors (11,784) (350,261) (569,272)
Less: Preferred stock dividend     (3,653)
Net income (loss) attributable to Nabors common shareholders (11,784) (350,261) (572,925)
Amounts attributable to Nabors common shareholders:      
Net income (loss) from continuing operations (11,784) (350,261) (572,945)
Net income (loss) from discontinued operations     20
Net income (loss) attributable to Nabors common shareholders $ (11,784) $ (350,261) $ (572,925)
Earnings (losses) per share:      
Basic from continuing operations $ (5.49) $ (40.52) $ (76.58)
Basic from discontinued operations
Total Basic (in dollars per share) (5.49) (40.52) (76.58)
Diluted from continuing operations (5.49) (40.52) (76.58)
Diluted from discontinued operations
Total Diluted (in dollars per share) $ (5.49) $ (40.52) $ (76.58)
Weighted-average number of common shares outstanding:      
Basic (in shares) 9,159 8,898 7,605
Diluted (in shares) 9,159 8,898 7,605