Q2 2010 EARNINGS CALL – Nabors Industries Ltd.

Nabors Industries Ltd. · Jul 28, 2010 · 6 slides

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Slides

Nabors Industries 2Q10 Earnings Conference Call July 28, 2010 Presenter: Gene Isenberg, Chairman & CEO
U.S. Lower 48 Land Drilling Term Contracts in Force at 6/30/10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 Quarter end number of rigs subject 116 102 74 66 52 50 to term contracts(1) (In Millions) Actual Estimates Prior Out Non-Working Rig…
Margins and Activities 2Q10 1Q10 2Q09 Margin (1) Rig Yrs Margin (1) Rig Yrs Margin (1) Rig Yrs US Lower 48 7,788 172.3 8,417 158.6 10,250 142.9 US Offshore 20,147 11.0 17,355 12.0 17,845 12.2 Alaska 30,015 8.0 28,541 9.1 25,465…
Quarterly Adjusted Income Derived from Operating Activities (000s) 2Q10 1Q10 2Q09 US Lower 48 58,169 60,286 70,075 Nabors Well Services 3,231 7,185 6,192 US Offshore 8,104 7,373 6,724 Alaska 12,388 13,957 16,374 Canada (9,497)…
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 before income taxes for the three months ended June 30,…