Q3 2010 EARNINGS CALL – Nabors Industries Ltd.

Nabors Industries Ltd. · Oct 27, 2010 · 6 slides

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Slides

Nabors Industries 3Q10 Earnings Conference Call October 27, 2010 Presenter: Gene Isenberg, Chairman & CEO
U.S. Lower 48 Land Drilling Term Contracts in Force at 9/30/10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 Quarter end number of rigs subject 126 102 78 64 59 60 to term contracts(1) (In Millions) Actual Estimates Prior Out Non-Working Rig…
Margins and Activities 3Q10 2Q10 3Q09 Margin (1) Rig Yrs Margin (1) Rig Yrs Margin (1) Rig Yrs US Lower 48 8,629 182.2 7,788 172.3 9,673 123.6 US Offshore 15,096 8.2 20,147 11.0 14,934 7.8 Alaska 41,455 6.7 30,015 8.0 25,844…
Quarterly Adjusted Income Derived from Operating Activities (000s) 3Q10 2Q10 3Q09 US Lower 48 70,452 58,169 46,382 Nabors Well Services 9,049 3,231 342 US Pressure Pumping 11,987 ----- ----- US Offshore (1,090) 8,104 (163) Alaska…
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…