Advanced Products for an Evolving Market Expert in tubular handling, make-up & measurement Developing advanced products to meet customer needs in an evolving market Expanding globally to optimize customer support Supporting…
Market Driver: International Drilling Number of Rigs Number of Wells 2,500 60,000 50,000 2,000 40,000 1,500 30,000 1,000 20,000 500 10,000 0 0 U.S. Total Rigs Intl* Rigs U.S. Total Wells Intl* Wells Spears…
The Oil Country Tubular Goods (OCTG) Market OCTG Market (Mt) & Premium Demand 38%* 35%* 25% 75% 65% 62% Adapted from Vallourec Investor Presentation, November 2014; *Includes semi-premium 6
Global Clients Service Companies Rig Manufacturers Contract Drillers Tubular and Threading Manufacturers 7
Technically Advanced Tubular Products weCATTTM Torque Sub Connection torque, turns and hook load data recorded from the top drive weCATTTM wirelessly Torque Sub weTORQTM Roughneck Applies both torque and spin to make-up /…
Data Acquisition Technologies weCATTTM Connection torque, turns and hook load data recorded from the top drive wirelessly winCATT Real-time tubular connection monitoring and control software for the weCATT, tongs and bucking…
Growth Strategy Develop advanced tubular make-up technologies Expand global presence Support customers throughout equipment lifecycle Evaluate acquisition opportunities 10
Organic Growth: Advanced Tubular Make-Up Technologies R&D Spend (millions) 3.9 CONTINUED INVESTMENT IN 3.1 2.6 R&D 2012 2013 2014 3% of revenue invested annually weHOLDTM weBUCKTM casing handling tool electric bucking…
Organic Growth: Global Expansion Corporate Head Office Production Facilities R&D Center Western Hemisphere Sales and Service Centers Eastern Hemisphere Sales Optimizing customer support and Service Centers throughout the…
Global Expansion 2014 Geographic Revenue (based on invoiced customers location) 61 51 53 Countries Invoiced 2012 2013 2014 Managements Estimates (based on likely product destination) McCoy delivered products and/or…
Full Aftermarket Participation GROWING AFTERMARKET SALES BUILDING CAPITAL EQUIPMENT RENTAL FLEET 14
Growth via Strategic Acquisition Handling Tools Tubular running Links, slips, manual tongs, Controls and data bushings, elevators, spiders STRONG BALANCE SHEET Equipment and Tubular Handling Accessories 29.9 million net…
Financial Overview and Performance
Year Over Year Revenue Growth Revenue (millions) Gross Profit (millions) 120.6 46.2 110.2 40.8 101.8 37.7 2012 2013 2014 2012 2013 2014 37% 37% 38% of revenue 17
Quarterly Results millions Three months ended (except % and per share amounts) 12/31/2014 12/31/2013 Revenue 27.2 25.1 Gross profit 9.2 8.1 as % of revenue 34 32 Adjusted EBITDA 5.0 2.3 as % of revenue 18 9 Earnings from…
Backlog* Geographic diversification Stable international market fundamentals Demand for advanced tubular products *The Corporation defines backlog as work that has a high certainty of being performed and is measured on the…
Investing in McCoy Growing global presence Targeting full aftermarket participation Developing advanced tubular products to meet customer needs Stable international market fundamentals Strong cash flows Market Summary (as at…
Head Office: Edmonton, AB Canada (780) 453-8451 infomccoyglobal.com www.mccoyglobal.com TSX:MCB, OTCQB:MCCRF
Additional Information
Executive Team and Board of Directors EXECUTIVE TEAM Jim Rakievich, ICD.D President, Chief Executive Officer and Director Jacob Coonan, MPAcc, CA Chief Financial Officer Kenny Watt Senior Vice President Peter Watson, Esq. General…
Analyst Coverage Canaccord Genuity John Bereznicki Calgary, Alberta Industrial Alliance Securities Elias Foscolos Calgary, Alberta Cormark Securities Sarah Hughes, CFA Toronto, Ontario Raymond James Theoni Pilarinos, CFA…
Financial Information Capital Structure as at December 31, 2014 Cash 29.9 million Debt - Committed credit facilities 50.0 million Equity 102.4 million Balance Sheet Working capital 71.5 million Property, plant and equipment…
Capital Structure 1997: IPO of 9.4 million shares at 2/share 2002: 7.3 million shares issued to Foundation Equity to convert promissory note 2007: 46.4 million equity raise 8.85 million shares 5.25; Foundation Equity sold 10…
The Anatomy of a Well Well Casing Diagram Cement (not to scale) Less Conductor casing Technical Surface casing 950-3500 ft Intermediate casing 10,500 ft Production casing 13,000 More Technical Production tubing…
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