Unlocking Value

Value

A substantial portion of Nabors’ growth has occurred via acquisition, with nearly 50 transactions in the 24 years under current management. 2010 again provided unique opportunities to acquire new business lines and accelerate our expansion into strategic areas. The acquisitions completed during the year are expected to yield pre-tax cash payouts in approximately 2.7 years. This equates to a return on average capital employed of approximately 18 percent.