Nabors Industries 3Q09 Earnings Conference Call October 21, 2009 Presenter: Gene Isenberg, Chairman & CEO
U.S. Lower 48 Land Drilling Term Contracts in Force at 9/30/09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 Quarter end number of rigs subject 86 79 75 65 61 49 to term contracts(1) (In Millions) Actual Estimates Prior Out Non-Working Rig…
Quarterly Adjusted Income (Loss) Derived from Operating Activities (000s) 3Q 09 2Q 09 3Q 08 US Lower 48 46,382 70,075 176,819 Nabors Well Services 342 6,192 42,433 US Offshore (163) 6,724 18,456 Alaska 11,145 16,374 10,159…
Non-GAAP Financial Information Within the preceding slides in this presentation, we present, both historically and on a forward-looking basis, our adjusted income derived from operating activities, which is a non- GAAP financial…
Non-GAAP Financial Information (continued) The following table provides a reconciliation of adjusted income derived from operating activities for our reportable segments to income before income taxes for the three months ended…