Investor Presentation Q2 2015 May 2015 This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced, distributed…
Company Overview Over 4,500 employees in 60 countries on 6 continents This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be…
Investment Highlights Leveraged to deep, complex wells primarily offshore with blue-chip customer base U.S. Strong free cash flow in excess of Offshore International Offshore capital investment needs International U.S. Services…
Recent Management Changes Gary Luquette: President and CEO in January 2015 FI board member since November 2013; remains on board of supervisory directors 35 years industry experience with Chevron Jeffrey Bird: EVP and CFO in…
Customer Value Proposition Reduced Safer Increased Rig Time Operations Well Integrity Extended Range Handling Tools Remote Tong System Fluid Grip Tong This document contains confidential and proprietary information which is the…
Technology Focused Total Patents: 267 Remote Powertong Cassette Package 122 U.S. Issued 145 Foreign Issued 2014 U.S. Patents & Filings 14 new patents issued 28 new patents filed Working to design for the rig of the future…
FI Offshore Markets Gulf of Mexico and International Increasing well complexity Clamp Type Single Joint Elevator Metallurgy Depth Multiple completions FI Opportunities Increase market share Mexico reform 2016 and beyond Increase…
FI Onshore Markets U.S. and International FX350 Casing Running Tool (CRT) Increasing well complexity Longer laterals Increasing Shale gas and unconventional energy sources FI Opportunities Increase Casing Running Technology…
Tubular Sales Deepwater drilling increases demand for large outside diameter (OD) pipe FI Opportunities Identify new market and geographic opportunities Improve inventory management Port of Iberia, Louisiana Pipe Facility…
Timco Services Acquisition Timco & FI Southern Division Overview Timco has six services facilities; headquartered in Lafayette, LA Limited overlap in geographic areas with some consolidation opportunities Acquisition fills in…
Deepwater Capex to grow to 50B by 2019 Global Deepwater Capex Spending 60 7% CAGR 50 Expenditure (B) 40 30 20 10 0 2015 2016 2017 2018 2019 80% of 2019 Capex will be from Africa and the Americas Latin America…
Deepwater Focus Areas Western Europe Shift from shallow water North Sea to deeper Atlantic basins Gulf of Mexico Deepest developments and majority of projects in deep Middle East/Mediterranean Asia and ultra-deepwater through…
Proud History of Delivering Results 75+ year history focused on providing well construction services to E&P companies around the world This document contains confidential and proprietary information which is the property of…
Supplemental Financials This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced, distributed or used…
Q1 Results Q1 Results Y/Y International Services 124 5% U.S. Land 35 (3%) U.S. Offshore 74 10% U.S. Services 109 5% Tubular Sales 44 4% Total Company Revenue 277 5% Adj. EBITDA(1) 100 (2%) Adj. EBITDA margin 36.1% (252…
2015 Financial Guidance Capital Expenditures: 150 million 13% decline versus 2014 Equipment rental equipment: 70 million Effective Tax rate: 20% Reduced from 25% due to geographic business mix Assume 5% additional tax for…
Recent Segment Results 2013 2014 2015 ( millions) Full Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Full Year Quarter 1 (1) Revenue International Services 475.3 118.6 129.5 143.3 145.9 537.3 124.2 U.S. Services U.S. Land 174.0 36.1…
Recent Financial Results 2013 2014 2015 ( millions) Full Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Full Year Quarter 1 Revenue 1,077.7 264.5 272.9 296.2 319.0 1,152.6 277.4 Operating Income 340.7 74.1 62.8 86.3 91.8 314.9 55.0…
Non-GAAP Reconciliation FRANK'S INTERNATIONAL N.V. SELECTED OPERATING SEGMENT DATA (In thousands) 2013 2014 2015 Full Year Q1 Q2 Q3 Q4 Full Year Q1 Segment Adjusted EBITDA: International Services 199,620 51,028 48,873 65,359…
Appendix This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced, distributed or used without prior written…
Deepwater Technology 1,500 Ton Handling Equipment Industry First Deployed in anticipation of 1,500 ton derricks and top drives Deeper wells require landing heavy casing strings 36 Jet String Elevator Designed to lift flush OD…
Specialty Tubular Handling Fluid Grip Automated Tong Patented Non-metallic gripping system Allows for zero marking handling of corrosion-resistant alloy tubulars Packaged with Collar Load Support (CLS) for compete non- marking…
Well Completion COBRA Completion Control Line Manipulating System 6 U.S. Patents Ensure controls lines do not get damaged while running casing Interlocking system prevents slips from closing on the control lines…
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