Exchange: NYSE Avg. Shares Outstanding for the year ended 12/31/2010: 75.5 million Market Capitalization(1): 1,146 million* Enterprise Value(1): 1,386 million* 3-Month 3 Month Average Daily Trading Volume as of 3/3/2011: 727,000…
TETRA is a growth-oriented, safety-conscious international oil and gas service company Focused on delivering above average returns on invested capital Involved in: Completion Services Production (Fluids) Enhancement Services…
Be the preferred supplier of well completion, late-life and production enhancement services operating onshore and offshore in the major producing regions of the world Completion Services (Fluids) Leverage raw material cost advantages…
Fluids, Testing & Compressco Revenue(1) 2009 2010 US 66% 70% Non US 34% 30% 100% 100% Corporate Headquarters Operations Offices (1) Essentially all Offshore Services and Maritech revenues were US. 5
High value fluids franchise effectively competing against SLB, HAL & BHI A low-cost provider of high-end CBFs to GOM and selected other markets Control manufacturing chain Long-term bromine supply agreement Positioned P iti d to…
(1) Fluids Division Revenues and Lagged Total U.S. Rig Count 90 2,500 80 2,300 70 2,100 60 1,900 Rig count millions 1,700 50 1,500 40 1,300 30 1,100 20 900 10 700 - 500 Fluids Division Revenues Lagged US Rig…
Extensive suite of decommissioning and abandonment capabilities A leading provider of mid-to-late-life well services in the GOM Integrated suite of services Heavy lift, well P&A, diving, cutting and wireline services Steady demand…
Offshore Services Revenues and GOM Structures Removed Industry-Wide(1) 140 140 Fewer than 200 120 120 structures are removed 100 100 in a typical year millions 80 80 The P&A Inventoryy m 60 60 Life in the GOM is at 40…
GOM Platform Installations & Removals by Year(1) 250 Since 1990, the rate of platform removals has increased, while the rate of platform installations has declined 200 No. of Platforms 150 100 50 0 1990 1991 1992…
Focused on optimizing assets and de-risking the business Sold 11% of proved reserves in February 2011and will evaluate other opportunities to sell properties Proved reserves at 12/31/2010(1): Oil & NGLs 7.3 MMBbls Gas 25.6 Bcf…
Maritech Revenues and Avg. Daily Production 60 60.0 50 50.0 40 40.0 Mcfe/day millions 30 30 0 30.0 MM m 20 20.0 10 10.0 0 0.0 4Q 2008 1Q 2009 2Q 2009 3Q 2009 4Q 2009 1Q 2010 2Q 2010 3Q 2010 4Q 2010…
Largest fleet of onshore flowback well testing equipment in the U.S.(1) Approximately 80% of our U.S. fleet is deployed in shale basins Expanding global footprint One of the largest production testing companies worldwide…
Production Testing Revenues and Avg. U.S. Land Rig Count(1) 35 2,500 30 2,000 25 1,500 20 g count millions m rig 15 1,000 10 500 5 0 0 Production Testing Revenues Avg. U.S. Land Rig Count (1) Rig count…
Fleet of more than 3,600 mobile wellhead compression units 74% of these units were in service at year end 2010 This represents an increase in the number of units in service of approximately 2% compared to year end 2009 Our units can…
Compressco Revenues and Trailing Twelve Month Avg. Gas Price(1) 30 15 25 10 20 5 /MMBtu millions m 15 0 10 -5 5 -10 0 -15 Compressco Revenues Trailing 12-Month Avg. Henry Hub Gas Price (1) Gas price…
Onshore Fluids and Production Testing growth driven by well completions in North American shale plays Resumption of deepwater GOM completions long-term GOM provides 25% of domestically produced oil and 11% of domestically produced…
Completion Services (Fluids ) El Dorado calcium chloride plant to achieve increasing efficiency through 2011 Maintain our market share in the shallow water and deepwater Gulf of Mexico completion fluids business Initiate sales of…
Revenues and Cash from Operating Activities 1,200 1,000 800 millions 600 400 200 - Revenues Cash from Operating Activities 20
Net Debt and Net Debt/Trailing Twelve Month EBITDA(1) 500 2.5 450 400 2.0 350 300 1.5 millions 250 200 1.0 150 100 0.5 50 - 0.0 Net Debt Net Debt/Trailing Twelve Month EBITDA (1) Net debt and EBITDA are non-GAAP…
Revenue(1) Profit Before Tax Millions Millions 210.0 51.0 26.0 265.0 160.0 50.0 13.5 305.0 Fluids Offshore Services Maritech Production Enhancement Division(2) Completion Late-Life Services Production Enhancement…
2010 EBITDA Margin(1) 40.0% 35.8% 35.0% 30.0% 25.0% 24.2% 23.6% 20.6% 20.1% 20.0% 15.7% 14.9% 15.0% 13.5% 10.0% 7.1% 5.0% 0.0% (1) Source: SEC Filings and publicly available information. See Financial Data Appendix…
Enterprise Value/Trailing Twelve Month EBITDA as of 12/31/2010(1) 20.0 18.4 18.0 16.0 14.0 12.0 10.6 10.0 9.1 9.0 8.8 8.1 8.0 6.3 6.0 6.0 5.2 4.0 2.0 0.0 (1) Source: SEC Filings and publicly available information.…
(thousands, except per share amount) Market Capitalization Stock price per share on 3/3/2011 15.17 Average number of shares outstanding for year ended 12/31/2010 75,539 Market Capitalization 1,145,927 Enterprise Value Market…
2011 Guidance, as announced on February 11, 2011 Divisional Estimates (continuing operations) (in millions) Profit Before (1) (2) Revenues Tax (PBT) Cash CapEx DD&A Fluids Division 255.0 275.0 24.0 28.0 32.0 21.0 Offshore Services…
( thousands) Reconciliation of Net Debt and Net Debt/Trailing Twelve Month EBITDA(1) Net Debt components as of 12/31/2010 9/30/2010 6/30/2010 3/31/2010 12/31/2009 9/30/2009 6/30/2009 3/31/2009 Total debt (as reported) 305,035 308,149…
( thousands, except per share amounts) 2010 EBITDA Margin (1) For the year ended 12/31/2010: TTI KEG SPN OIS NR OII HLX DVR GLBL Revenues 872,678 1,153,684 1,681,616 2,411,984 715,954 1,917,045 1,199,838 536,468 568,108 Net income…
Contacts: Stuart M. Brightman, President & Chief Executive Officer Joseph M. Abell, Sr. Vice President & Chief Financial Officer 281/367-1983 Fax: 281/364-4346 www tetratec com www.tetratec.com 29
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