The Work Of Anthony Pertrello

Posted in Business World on Feb 20, 2017

Anthony Petrello is the Chief Executive Officer and President of Nabors Industries. He has been the Chief Executive Officer since October of 2011 and the President of the company since 1991. Anthony, better known as Tony Petrello also served as the Chief Operating Officer, starting in 1991.

Mr. Petrello has had many executive positions at Nabors. Nabors Industries deals with oil and gas drilling. Specifically, the company deals with gas and oil contracting. Nabors Industries operates in 20 countries. The company operates the largest drilling rig fleet that is land-based. They are the leading provider of drilling rigs in the United States. The company also provides drilling rigs to other countries around the world. Nabors has multiple subsidiaries that create catwalks, wrenches, and drawworks. Nabors is on the New York Stock Exchange under the code NBR. The company has an expertly skilled employee base, that prides itself on their work and the products they sell. This company is working to transform the industry and the way the do things.

Since Anthony Petrello started at Nabors Industries, the company has seen a considerable increase in revenue. In 1992, earnings grew and their penny stock rose to a record number. These increases revived the company. In the late 1990s, the company continued to grow in record numbers. Nabors Industries was also added to the S&P 500 index. The S&P 500 index profiles the biggest publicly traded companies.

In addition to being the leader of Nabors Industries, he also serves as a director of Hilcorp Energy Company and Stewart and Stevenson LLC. He is also on the board at the Texas Children’s Hospital. As a board member, Anthony Petrello serves as an advocate for researching the needs of children battling neurological disorders. The success of Nabors Industries is a demonstration of the type of the leadership Anthony Petrello possesses.

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