Last updated: 3 January 2024 at 7:06pm EST

Anthony Petrello Net Worth




The estimated Net Worth of Anthony G Petrello is at least $49.3 Million dollars as of 1 January 2024. Mr. Petrello owns over 36,912 units of Nabors Industries Ltd stock worth over $9,815,417 and over the last 21 years he sold NBR stock worth over $25,469,295. In addition, he makes $14,042,800 as Chairman of the Board, President, Chief Executive Officer, and Director at Nabors Industries Ltd.

Mr. Petrello NBR stock SEC Form 4 insiders trading

Anthony has made over 13 trades of the Nabors Industries Ltd stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 36,912 units of NBR stock worth $2,404,079 on 1 January 2024.

The largest trade he's ever made was exercising 2,298,650 units of Nabors Industries Ltd stock on 6 March 2007 worth over $53,443,613. On average, Anthony trades about 158,506 units every 102 days since 2004. As of 1 January 2024 he still owns at least 150,705 units of Nabors Industries Ltd stock.

You can see the complete history of Mr. Petrello stock trades at the bottom of the page.





Anthony Petrello biography

Anthony G. Petrello serves as Chairman of the Board, President, Chief Executive Officer, Director of Nabors Industries Ltd. Chairman of the Board of Nabors since 2012 and director since 1991; Deputy Chairman of Nabors 2003-2012; President and CEO of Nabors and Nabors Industries, Inc. since 2011; President and Chief Operating Officer of Nabors and Nabors Industries, Inc. from 1991-2011. Mr. Petrello holds a J.D. degree from Harvard Law School and B.S. and M.S. degrees in Mathematics from Yale University. Mr. Petrello also serves as a director of Hilcorp Energy Company. In 2018, Mr. Petrello was the recipient of the Offshore Energy Center Pinnacle Award, recognizing outstanding individuals who have taken today’s leading-edge tools and technologies and applied them to real world challenges. Mr. Petrello brings to the Board an extensive and unique combination of commercial, operational, and technical skills and a thorough knowledge of the Company’s operational activities worldwide. He serves as an integral link between the Company and the Board, enabling the Board to better perform its oversight role.

What is the salary of Anthony Petrello?

As the Chairman of the Board, President, Chief Executive Officer, and Director of Nabors Industries Ltd, the total compensation of Anthony Petrello at Nabors Industries Ltd is $14,042,800. There are no executives at Nabors Industries Ltd getting paid more.



How old is Anthony Petrello?

Anthony Petrello is 65, he's been the Chairman of the Board, President, Chief Executive Officer, and Director of Nabors Industries Ltd since 2012. There are 5 older and 7 younger executives at Nabors Industries Ltd. The oldest executive at Nabors Industries Ltd is John Kotts, 69, who is the Independent Director.

What's Anthony Petrello's mailing address?

Anthony's mailing address filed with the SEC is C/O NABORS CORPORATE SERVICES, INC., 515 WEST GREENS ROAD, HOUSTON, TX, 77067.

Insiders trading at Nabors Industries Ltd

Over the last 21 years, insiders at Nabors Industries Ltd have traded over $33,027,427 worth of Nabors Industries Ltd stock and bought 1,077,980 units worth $15,405,081 . The most active insiders traders include Eugene M Isenberg, Anthony G Petrello, and James C Flores. On average, Nabors Industries Ltd executives and independent directors trade stock every 77 days with the average trade being worth of $19,457,783. The most recent stock trade was executed by William J Restrepo on 1 January 2024, trading 7,384 units of NBR stock currently worth $480,920.



What does Nabors Industries Ltd do?

nabors provides innovative drilling rigs and equipment to transform our global industry. every day, we are exploring new territory, digging deeper into what we can achieve. from designing new rigs that deliver higher levels of safety and efficiency for our customers to setting operational performance records around the world, our people provide the rigtelligence to meet the world's demand for oil and gas while learning and growing to also enhance their future career development. since our founding in 1952, nabors has grown from a small land drilling business in canada to one of the world’s largest drilling contractors. at the beginning of 1990, our fleet consisted of 44 actively marketed land drilling rigs in canada, alaska and various international markets. today, nabors owns and operates the world’s largest land-based drilling rig fleet and is a leading provider of offshore platform workover and drilling rigs in the u.s. and multiple international markets. as a global provider of ser



Complete history of Mr. Petrello stock trades at Nabors Industries Ltd and 48475

Insider
Trans.
Transaction
Total value
Anthony G Petrello
Chairman, President, and CEO
Option $3,013,127
1 Jan 2024
Anthony G Petrello
Chairman, President, and CEO
Option $4,939,888
1 Jan 2023
Anthony G Petrello
Chairman, President, and CEO
Option $1,494,327
31 Dec 2021
Anthony G Petrello
Chairman, President, and CEO
Buy $12,798
27 Feb 2020
Anthony G Petrello
Chairman, President, and CEO
Option $2,706,000
20 Jan 2012
Anthony G Petrello
Chairman, President, and CEO
Option $16,236,000
6 Jan 2012
Anthony G Petrello
Chairman, President, and CEO
Option $6,765,000
23 Dec 2011
Anthony G Petrello
Chairman, President, and CEO
Option $22,780,000
2 Dec 2010
Anthony G Petrello
Chairman, President, and CEO
Option $3,458,000
23 Mar 2010
Anthony G Petrello
Chairman, President, and CEO
Option $18,570,000
6 Nov 2009
Anthony G Petrello
Chairman, President, and CEO
Sale $25,469,295
10 Oct 2008
Anthony G Petrello
Chairman, President, and CEO
Option $53,443,613
6 Mar 2007
Anthony G Petrello
Chairman, President, and CEO
Option $23,555,435
16 Mar 2005


Nabors Industries Ltd executives and stock owners

Nabors Industries Ltd executives and other stock owners filed with the SEC include: