Nabors Industries 4Q10 Earnings Conference Call February 16, 2011 Presenter: Gene Isenberg, Chairman & CEO
U.S. Lower 48 Land Drilling Term Contracts in Force at 12/31/10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 Quarter end number of rigs 134 119 82 71 64 62 subject to term contracts(1) (In Millions) Actual Estimates Prior Out Non-Working Rig…
Quarterly Adjusted Income Derived from Operating Activities (000s) 4Q10 3Q10 4Q09 US Lower 48 85,308 70,452 48,980 Nabors Well Services 12,132 9,049 8,758 US Pressure Pumping 54,664 11,987 ---- US Offshore (5,142) (1,090) 7,117…
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 measure…
Non-GAAP Financial Information (continued) The following table provides a reconciliation of adjusted income derived from operating activities for our reportable segments to income (loss) from continuing operations before income taxes for…