DryShips Inc. 1st Quarter Ended March 31, 2015 Earnings Presentation NASDAQ: DRYS May 12, 2015
Agenda Financial Highlights & Company Update This presentation is primarily focused on our shipping segments operations. Industry Overview For additional information on our drilling segment, please Closing Remarks refer to the…
Consolidated1 Q1 2015 Results Adjusted Q1 Net Loss of 2.6m or (0.4) cents per share Q1 2015 (in million, except EPS which is in cents) Total Revenues 492.1 Adjusted EBITDA2 242.1 Interest and Finance Cost, net 76.5 U.S. GAAP…
Recent Developments On May 6, 2015, Ocean Rigs Board of Directors declared the fifth consecutive quarterly cash dividend with respect to the quarter ended March 31, 2015, of 0.19 per common share, to Ocean Rig shareholders of record…
Well-positioned to Benefit From Drybulk Recovery Shipping Segment Projected Spot Days (1) 10,000 959 1,069 91 5,000 8,257 8,224 6,212 545 725 703 0 Rem. 2015 2016 2017 Spot Days Supramax Spot Days Panamax Spot Days…
Investment in Ocean Rig DRYS Holdings in ORIG ORIG Share Ownership Shares % DRYS 78,301,755 59.2% Other 54,015,423 40.8% Total 132,317,178 100.0% Pledged under ABN Facility 65,629,069 84% Unencumbered 12,672,686…
Agenda Financial Highlights & Company Update Industry Overview Closing Remarks Q&A DryShips Inc.
Tankers Riding the Wave Oil Price Volatility Creating Demand Orderbook as % of Fleet Suez & Afra Fleet Growth 60% Suezmax Orderbook as % of Fleet (mdwt) 100,000 (/day) (/bbl) 120 200.00 7.0% 90,000 180.00 110 6.0% 80,000 30%…
Agenda Company Update Industry Overview Closing Remarks Q&A DryShips Inc.
Navigating DRYS Through the Downturn Sale of tankers solidifies DRYS balance sheet and gives it the necessary liquidity runway to weather a prolonged market downturn Strong support from our lenders and main shareholder Drybulk…
Agenda Company Update Industry Overview Closing Remarks Q&A DryShips Inc.
APPENDIX INDUSTRY OVERVIEW DryShips Inc.
Fleet Profile (Shipping Segment) Year Gross rate Redelivery Year Gross rate Redelivery Built DWT Type Per day Earliest Latest Built/or Drybulk fleet Scheduled DWT T ype Per day Earliest Latest Delivery Capesize: Rangiroa 2013…
Unaudited Condensed Consolidated Statements of Operations (Expressed in Thousands of U.S. Dollars except for share and per share data) Three Months Ended March 31, 2014 2015 REVENUES: Voyage revenues 96,722 90,028 Revenues from…
Unaudited Condensed Consolidated Balance Sheets (Expressed in Thousands of U.S. Dollars) December 31, 2014 March 31, 2015 ASSETS Cash, cash equivalents and restricted cash (current and non-current) 658,936 586,589 Vessels held…
Summary Operating Data (Dollars in thousands, except average daily results) (1) Average number of vessels is the number of vessels that Drybulk Three Months Ended March 31, constituted our fleet for the relevant period, as measured by…
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