Investor Presentation May, 2009 Focused on Energy. Dedicated to Service.
Market Position/Competitive Advantages Segment Market Position / Advantages Completion Fluids Worlds largest producer of calcium chloride and significant producer of bromide compounds; vertical integration yields higher margins and…
Our Response to The Global Financial and Economic Crisis We had a record quarter of revenues and earnings in 2Q08 prior to Hurricanes Gustav and Ike and the deepening of the worldwide financial and economic crisis. Since then our…
Our Response to The Global Financial and Economic Crisis Fluids Take advantage of lower cost fluids, as plant becomes operational in late 2009. Continue to leverage lower cost position from bromine supply agreement. Aggressively…
Long Term Outlook Our earnings guidance range for 2009 is 0.70 0.90 /share. The long term outlook for Fluids is favorable: The new bromine supply agreement and new calcium chloride plant in Arkansas will lower our cost structure,…
Compressco Partners On 11-10-08 TETRA announced that its wholly owned subsidiary, Compressco Partners, L.P., filed a registration statement relating to the proposed IPO of common units representing limited partner interests in…
Debt and Liquidity We had 426 million of debt at March 2009 and approximately 155 million of unused capacity on our line of credit available to us. We expect debt to peak at mid-year around 480 million as we complete the…
First Quarter 2009 Financial Summary Millions Actual Actual Actual 1Q09 4Q08 1Q08 Revenue 195.3 230.4 225.2 Gross Profit 43.4 (11.2) 42.0 GP Margin 22.2% (4.9%) 18.7% Net Income Before Disc. Ops. 11.4 (59.3) 7.4 EPS…
Quarterly Revenue and GP Margin %* Revenue GP Margin % 350.0 40.0% 300.0 35.0% Millions 250.0 30.0% 25.0% 200.0 20.0% 150.0 15.0% 100.0 10.0% 50.0 5.0% 0.0 0.0% * *Chart uses adjusted 4Q07 GP margin of 23.2%;…
First Quarter 2009 Segment Summary Revenue Gross Profit Millions Millions 25.4 9.1 63.7 17.0 24.6 7.7 41.2 2.9 48.0 7.7 Fluids Offshore Services Maritech Production Testing Compressco 11
Conclusion We are focused on cash flow and liquidity. We will live within our means as long as necessary. The outlook remains positive over the long term. We believe there will be opportunities to make attractive acquisitions in…
TETRA Technologies, Inc. Corporate Headquarters Management Contacts 24955 Interstate 45 North Stu Brightman President & CEO The Woodlands, TX 77380 Joe Abell Sr. Vice President & CFO Phone: 281.367.1983 www.tetratec.com
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