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May 2015 Investor Presentation – Mccoy Global

Mccoy Global · May 12, 2015 · 25 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. May 2015 Investor Presentation – Mccoy Global – slide 1
    Investor Presentation May 2015
  2. May 2015 Investor Presentation – Mccoy Global – slide 2
    Investment Highlights Global leader of casing Supporting advancements in casing connection integrity connection Evolving to maintain leading global market share technologies Growing international Geographic diversification to…
  3. May 2015 Investor Presentation – Mccoy Global – slide 3
    Competitive Advantages Broadest platform of Global service and Installed product tubular make-up support base equipment in the market Investing in R&D to Engineered solutions for develop market leading complex…
  4. May 2015 Investor Presentation – Mccoy Global – slide 4
    Connection Integrity McCoys technologies control and monitor connection make-up, and collect data to verify connection integrity 5
  5. May 2015 Investor Presentation – Mccoy Global – slide 5
    Connection Make-Up and Data Collection Technologies Making-up reliable connections to support well integrity weCATTTM Wireless data Hydraulic Power Tongs monitoring of torque, Apply torque to make-up / turns and hook load break-out…
  6. May 2015 Investor Presentation – Mccoy Global – slide 6
    Deeper, Longer Wells; More Premium Connections A connection occurs an average of every 40 feet of well length Casing Joints Run Worldwide1 (millions) 75% U.S. land rigs drilling non- vertical wells; international demand is…
  7. May 2015 Investor Presentation – Mccoy Global – slide 7
    Global Clients Tubular & Service Threading Companies Manufacturers Contract Rig Drillers Manufacturers 8
  8. May 2015 Investor Presentation – Mccoy Global – slide 8
    Growth Strategy Develop advanced connection make-up technologies Continue global expansion Target full aftermarket participation Pursue strategic acquisition opportunities 9
  9. May 2015 Investor Presentation – Mccoy Global – slide 9
    Organic Growth: Research and Development CONTINUED INVESTMENT IN R&D R&D Spend weHOLDTM weBUCKTM (millions) 3.9 casing handling tool electric bucking unit Dual function control to operate First electrically powered bucking 3.1…
  10. May 2015 Investor Presentation – Mccoy Global – slide 10
    Organic Growth: Continued Global Expansion Corporate Head Office Production Facilities R&D Center Western Hemisphere Regional Centers Eastern Hemisphere Optimizing global and regional Regional Centers customer support…
  11. May 2015 Investor Presentation – Mccoy Global – slide 11
    Organic Growth: 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) Increased exposure…
  12. May 2015 Investor Presentation – Mccoy Global – slide 12
    Organic Growth: Full Aftermarket Participation GROWING AFTERMARKET SALES BUILDING CAPITAL EQUIPMENT RENTAL FLEET 13
  13. May 2015 Investor Presentation – Mccoy Global – slide 13
    Capital Allocation Organic Growth 31M Rental fleet Research and development NET CASH1 Continue international expansion 15M Strategic Acquisitions Complementary tubular running FREE CASH FLOW2 technologies and services…
  14. May 2015 Investor Presentation – Mccoy Global – slide 14
    Financial Overview and Performance
  15. May 2015 Investor Presentation – Mccoy Global – slide 15
    Financial Highlights as at April 30, 2015 Share price 4.13 52-week range 3.22 - 6.80 Shares outstanding 27.7 million Options outstanding 1.6 million Market capitalization 114 million Dividend (4.9% yield) 0.05 / share / quarter…
  16. May 2015 Investor Presentation – Mccoy Global – slide 16
    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
  17. May 2015 Investor Presentation – Mccoy Global – slide 17
    Key Profitability Measures (millions) Net Earnings from Adjusted EBITDA* Continuing Operations Net Earnings** 21.0 9.9 18.0 9.4 18.5 17.0 7.8 11.8 9.8 2012 2013 2014 2012 2013 2014 2012 2013 2014 18% 15% 17% 0.37 0.29…
  18. May 2015 Investor Presentation – Mccoy Global – slide 18
    Quarterly Results (millions) Revenue Gross Profit 38.3 13.7 11.4 11.9 27.2 27.9 27.2 10.4 25.8 9.2 42% 43% 36% 34% 40% of revenue Q1/14 Q2/14 Q3/14 Q4/14 Q1/15 Q1/14 Q2/14 Q3/14 Q4/14 Q1/15 Earnings from Continuing…
  19. May 2015 Investor Presentation – Mccoy Global – slide 19
    Investment Highlights Global leader of casing Supporting advancements in casing connection integrity connection Evolving to maintain leading global market share technologies Growing international Geographic diversification to…
  20. May 2015 Investor Presentation – Mccoy Global – slide 20
    Head Office: Edmonton, AB Canada (780) 453-8451 infomccoyglobal.com www.mccoyglobal.com TSX:MCB, OTCQB:MCCRF
  21. May 2015 Investor Presentation – Mccoy Global – slide 21
    Additional Information
  22. May 2015 Investor Presentation – Mccoy Global – slide 22
    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. Vice…
  23. May 2015 Investor Presentation – Mccoy Global – slide 23
    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…
  24. May 2015 Investor Presentation – Mccoy Global – slide 24
    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…
  25. May 2015 Investor Presentation – Mccoy Global – slide 25
    The Anatomy of a Well Well Casing Diagram Cement (not to scale) Less Conductor casing Technical Surface casing 950-3,500 ft Intermediate casing 10,500 ft Production casing 13,000 More Technical Production tubing…

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