Q1 2010 EARNINGS CONFERENCE CALL – Nabors Industries Ltd.

Nabors Industries Ltd. · Apr 21, 2010 · 6 slides

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Slides

Nabors Industries 1Q10 Earnings Conference Call April 21, 2010 Presenter: Gene Isenberg, Chairman & CEO
U.S. Lower 48 Land Drilling Term Contracts in Force at 3/31/10 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 Quarter end number of rigs subject 111 96 77 65 58 47 to term contracts(1) (In Millions) Actual Estimates Prior Out Non-Working Rig…
Margins and Activities 1Q 10 4Q 09 1Q 09 Margin (1) Rig Yrs Margin (1) Rig Yrs Margin (1) Rig Yrs US Lower 48 8,417 158.6 9,136 139.1 11,200 192.8 US Offshore 17,355 12.0 21,620 8.6 21,285 15.3 Alaska 28,541 9.1 31,844 8.0…
Quarterly Adjusted Income Derived from Operating Activities (000s) 1Q 10 4Q 09 1Q 09 US Lower 48 60,286 48,980 129,242 Nabors Well Services 7,185 8,758 13,658 US Offshore 7,373 7,117 16,830 Alaska 13,957 14,398 20,825 Canada…
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 March…