NES Q4 & Full-Year Fiscal 2014 Results March 16th, 2015
Corporate Participants and Call Information Mark Johnsrud Greg Heinlein Chief Executive Executive Vice Officer and President and Chief Chairman of the Financial Officer Board Call Information To access a replay of todays…
Q4 2014 and 2014 Results Revenue M Revenue 160.0 600.0 Up 2.0% Up 10.4% Q4 revenue 141.8M, up 120.0 10.4% over Q4 2013 450.0 Full-year revenue 536.3M, 80.0 300.0 up 2.0% from 2013 141.8 525.8 536.3 128.4 40.0 150.0 - - Q4…
20,000 Q4 2014 and 2014 Division Revenue - Q3 2014 Q4 2014 Rocky Mountain Northeast Southern Quarterly Revenue M Year-over-Year Revenue M Sequential Revenue M 100.0 375.0 100.0 Rocky Mountain 334.8 87.8 87.6 87.8 80.7 304.2…
2015 Est. Revenue Mix Well-Positioned for 2015 2014 Revenue Mix 2015 Est. Revenue Mix 2014 Revenue Mix 2015 Est. Revenue Mix1 Nuverras Advantages: Strong customer relationships Customer profile 40% 50% 50% Geographic locations…
Advantageous Platform in Current Environment Geographic Concentration in Key Basins NDIC estimates 90-100 drilling rigs will be operating in the Bakken in McKenzie, Dunn and Williams counties in 2015 At current prices, 80% of all…
Q4 2014 Highlights Three Months Ended Year Ended Three Months (millions) December 31, December 31, Ended 2014 2013 2014 2013 Dec. 31, 2014 Sept. 30, 2014 Revenue 141.8 128.4 536.3 525.8 141.8 139.6 Adjusted Income from Operations…
Capital Expenditures and Liquidity Liquidity December 31, 2014: Total liquidity approximately 39.3 million. 13.4 million of cash and cash equivalents 25.9 million of availability under the ABL credit facility March 13, 2015:…
2015 Financial Initiatives & Outlook 2015 Cost-Saving Initiatives: Capital 10-15 million Improve cash tied up in Expenditures working capital Minimize capital expenditures to as necessary levels Interest Expense Less than 2014…
Strategic Update TFI Sale of TFI to Clean Harbors pending regulatory clearance 85 million cash, adjusted for working capital changes and 5% escrow Net proceeds from sale to partially pay down ABL credit facility Fleet Update…
Conclusion 2014 was solid operating year Revenue growth, organic expansion, growth in new customers. Customers drilling & completion activities influence our business Strength of customer relationships Geographic locations Quality…
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Appendix
Summary Pro Forma Combined Financial Data Revenue Adjusted EBITDA 700 200 600 175 500 150 125 400 mm Smm 100 300 607 179 526 536 75 200 50 101 95 100 25 - - 2012 2013 2014 2012 2013 2014 Net Cash Capital…
Pro Forma Combined Adj. EBITDA Reconciliation (Unaudited) Three Months Ended, December 31, 2014 December 31, 2013 September 30, 2014 (S Millions) Net Income (321.1) (10.4) (99.4) Depreciation 17.8 14.5 17.4 Amortization 4.3 4.9…
Pro Forma Combined Adj. EBITDA Reconciliation (Unaudited) Twelve Months Ended, December 31, 2014 December 31, 2013 December 31, 2012 (S Millions) Net income (loss) from continuing operations (457.2) (134.0) 89.5 Depreciation 68.7…
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