TROY MEIER CHRISTOPHER CASHION CHAIRMAN AND CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER ENERCOM OIL & GAS CONFERENCE AUGUST 21, 2018 NYSE American: SDPI 2018 Superior Drilling Products 2018 Superior Drilling Products…
SAFE HARBOR STATEMENT These slides and the accompanying oral presentation contain forward-looking statements within the meaning of the safe harbor provisions, 15 U.S.C. 78u-5, of the Private Securities Litigation Reform Act of 1995.…
SUPERIOR DRILLING PRODUCTS, INC. An innovative, cutting-edge drilling tool technology company providing cost saving solutions that drive production efficiencies for the oil and natural gas drilling industry Market Capitalization…
INNOVATOR, DESIGNER AND MANUFACTURER Innovation The Brain Nucleus CHUCK DnR Smart Shop DRC E Collett V Stream BK Cutters PDC bit repair Solutions for the upstream oil & gas industry Drill-N-Ream wellbore conditioning tool (DnR)…
DRILL-N-REAM WELLBORE CONDITIONING TOOL Flagship technology Leading industry operators standardizing on tool Being used throughout North America Increased use of multiple tools in a single wellbore Expanding to Middle East Driver:…
TEAMING UP WITH SUCCESS Market channel partnerships Go-to-market strategy: Qualified partners Drill-N-Ream distribution: Market leader in downhole tool rentals Exclusive U.S. and Canada marketing rights requires successful market…
MIDDLE EAST EXPANSION Joint market development agreement Agreement executed with Weatherford in December 2017 Agreement recently extended through year end Demonstrate Drill-N-Ream capabilities to large Middle East operators SDPI…
ADVANCING NEW TECHNOLOGIES StriderTM technology product line Strong field test results Excellent customer feedback Design standardization and commercialization Prioritizing new product development 2018 Superior Drilling…
FINANCIAL RESULTS 2018 Superior Drilling Products 2018 Superior Drilling Products
STRONG TOOL REVENUE Tool revenue stronger on larger deployed fleet DnR fleet expanding in North America and the Middle East Other tool revenue up over 70% from prior-year period Unchanged sequentially due to refurbishment timing…
STRONGER BALANCE SHEET ( in millions) Cash and Equivalents Q2 2018 operations generated 1.6 million in cash 3.1 2.2 2.4 Operating leverage on higher volume 1.3 Total debt reduced 1.2 million, or 10%, in the first half 2018…
2018 GUIDANCE* Revenue: Tightened to 20 million to 22 million from 18 million to 22 million Represents 35% growth at midpoint of guidance Operating margin (GAAP): Tightened to 8% to 10% from 5% to 10% At midpoint, operating…
OPPORTUNITIES Increasing market share with DnR Middle East expansion Broaden relationships with channel partners Increased territory for drill bit refurbishment StriderTM oscillation system technology Investment in…
ENERCOM OIL & GAS CONFERENCE AUGUST 21, 2018 NYSE American: SDPI 2018 Superior Drilling Products 2018 Superior Drilling Products www.sdpi.com
SUPPLEMENTAL INFORMATION NYSE American: SDPI 2018 Superior Drilling Products 2018 Superior Drilling Products www.sdpi.com
PROVEN INDUSTRY EXPERIENCE Troy Meier, Co-Founder, Board Chairman and CEO More than 37 years of experience in the oil and gas industry, including 13-year career with Baker Hughes Annette Meier, Co-Founder, Director, President and…
DRILL-N-REAM U.S. & CANADA ECONOMICS U.S. & Canada Channel Partner Agreement Drill-N-Ream four revenue streams 1. New tool sales Assumes horizontal rig count remains at current levels Average selling price: 35 to 40 thousand;…
WORLD-CLASS MANUFACTURING FACILITY Industry leading techniques Created machine tools and systems Fully contained & environmentally friendly facility CHUCK, SDPs proprietary paperless enterprise management system Brazing station…
ADJUSTED EBITDA RECONCILIATION Three Months Ended June 30, September 30, December 31, March 31, June 30, 2017 2017 2017 2018 2018 GAAP net income (loss) 306,807 586,039 (785,567) 68,534 1,004,798 Add back: Depreciation and…
ADJUSTED EBITDA RECONCILIATION Full Year Ended December 31, December 31, 2Q 2018 2016 2017 TTM GAAP net income (loss) (9,128,849) (278,705) 873,805 Add back: Depreciation and amortization 4,291,249 3,676,598 3,716,913 Interest…
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