Q2 2011 EARNINGS CALL – Nabors Industries Ltd.

Nabors Industries Ltd. · Jul 27, 2011 · 6 slides

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Slides

Nabors Industries 2Q11 Earnings Conference Call July 27, 2011 Presenter: Gene Isenberg, Chairman & CEO
U.S. Lower 48 Land Drilling Term Contracts in Force at 6/30/11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 Quarter end number of rigs subject 145 140 104 98 82 73 to term contracts(1) (In Millions) Actual Estimates Prior Out Non-Working Rig…
Margins and Activities 2Q11 1Q11 2Q10 Margin (1) Rig Yrs Margin (1) Rig Yrs Margin (1) Rig Yrs US Lower 48 10,201 194.2 9,394 187.9 7,788 172.3 US Offshore 11,937 9.4 9,945 8.0 20,147 11.0 Alaska 44,615 4.5 52,542 5.3 30,015…
Quarterly Adjusted Income (Loss) Derived from Operating Activities (000s) 2Q11 1Q11 2Q10 US Lower 48 99,231 80,095 58,169 Nabors Well Services 16,526 11,123 3,231 US Offshore (1,059) (3,977) 8,104 Alaska 8,288 11,019 12,388…
Non-GAAP Financial Information Within the preceding slides in this presentation, we present, both historically and on a forward-looking basis, our adjusted income (loss) derived from operating activities, which is a non-GAAP financial…
Non-GAAP Financial Information (continued) The following table provides a reconciliation of adjusted income (loss) derived from operating activities for our reportable segments to income (loss) from continuing operations before income…