1Q 2021 adjusted Generated FCF of 60M Drilling Solutions EBITDA of 108M in in 1Q 2021 continues growth of line with Q4 2020 new product offerings After funding 40M in and market penetration Drilling activity capital spending and…
1Q Rig Utilization and Availability TOTAL U.S. LOWER 48 U.S. OFFSHORE ALASKA CANADA INTERNATIONAL RIG FLEET(1) 383 187 12 16 35 133 HIGH SPEC 110 1Q21 AVERAGE RIGS ON REV 139 56 2 2 14 65 HIGH SPEC 55 AVERAGE UTILIZATION 36%…
Nabors Commitment to Environmental Stewardship Operating 4 dual-fuel (blended natural gas & diesel) rigs, 2 rigs using biodiesel, 2 rigs using advanced energy management system (including 1 natural gas), and 1 high-line (grid powered)…
Clean Energy Green Fuels Energy Transition Engine Management Solutions System Reduce Emissions & Drive Fuel Savings ESG Compliance Energy Emissions Storage Reporting6
Smart Smart Suite Suite Growth Growth 800 20 of Wells Drilled 18 700 Over 18 MILLION Feet Drilled Footage Drilled 720+ Wells Drilled 16 OF WELLS DRILLED FOOTAGE DRILLED 600 5 Basin Records in Q1 2021 14 500 30% of Smart…
Expanding Next-Gen Digital Solutions and Smart Suite Four additional Operators added Smart Suite across multiple basins in Q1 2021. Smart Suite is now active across all major US L48 basins. RigCLOUD EDGE Active 1-5 Rigs Smart…
Expanding Next-Gen Digital Solutions through RigCLOUD EDGE Smart Suite Apps High-end edge computing at the rig site Transparency of value delivery facilitates adoption of new technology Delivery of Analytics at the rig transforms…
Debt Maturity Profile as of March 31, 2021 1,500 Debt at 3/31/2021 Total Debt improved by 70M, driven Total Debt: 2.90Bn(2) 1,250 by positive FCF and gains from debt Cash, Cash Equivalents & STI 0.42Bn exchanges completed during 1Q…
APPENDIX 11
Reconciliation of Adjusted EBITDA to Income (Loss) From Continuing Operations Before Income Tax Adjusted EBITDA represents income (loss) from continuing operations before income taxes, interest expense, depreciation and amortization,…
Reconciliation of Free Cash Flow to Net Cash Provided by Operating Activities Free cash flow represents net cash provided by operating activities less cash used for investing activities. Free cash flow is an indicator of our ability to…
Contact Us: William C. Conroy NABORS CORPORATE SERVICES 515 W. Greens Road VP - Corporate Development and Investor Suite 1200 Relations Houston, TX 77067-4525 William.Conroynabors.com Kara K. Peak Director - Corporate Development and…
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