Company Overview Strategy Business Units Financial Information 2
Company Overview 3
TETRA Technologies, Inc. NYSE: TTI Avg. Shares Outstanding for the quarter ended 9/30/12: 77.3 million (1) Market Capitalization based on 11/26/12 stock price: 530.5 million (1) Enterprise Value based on 11/26/12 stock price: 883.1…
FLUIDS PRODUCTION TESTING COMPRESSCO OFFSHORE SERVICES 5
Total employees as of 12/31/2011: 3,125 Corporate Headquarters Operations Offices 6
(1) Consolidated Revenues 500 450 400 International revenues 350 as a percentage of total revenues millions 300 increased to 27% in 250 the 1st 9 months of 200 2012 from 23% in the 150 same period of 2011 100 50 0…
TETRAs customer base includes: Customers focused on mature oil fields and emerging markets, such as shale plays Customers with a presence in gas, oil and liquids Mix of customers is very broad, including: Major and National oil…
TETRAs balanced business mix: Service Offerings Onshore and Offshore Domestic and International Oil, Gas & Liquids Manage through cycles Flexible balance sheet to execute growth strategy and capitalize on opportunities 9
Strategy 10
Be the preferred supplier of well completion, well testing, compression-based production enhancement, and decommissioning services operating onshore and offshore in the major producing regions of the world Maintain leading market…
Investing in high growth markets 163 million of acquisitions in Production Testing Compressco IPO to fund growth Fluids capacity additions International growth Offshore heavy-lift capacity enhancement Repositioning assets to North…
Existing operations and recent acquisitions operate under the umbrella of TETRAs established infrastructure Health, environment & safety Global supply chain and procurement Shared administration and accounting Shared sales force,…
Business Units 14
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 and product quality Long-term bromine supply agreement…
One of the largest fleets of onshore flowback well testing equipment in the U.S.(1) Approximately 80% of our U.S. fleet is deployed in shale basins Fleet mobility gives us the flexibility to respond to changing market conditions…
163 million acquisitions in 2012 Expanding our international foot print: 50% revenue growth is outside the US Assimilated 500 employees in global operations 65.0 million 42.5 million 55.5 million Rig Cooling Services Flow Back…
Capital investment in proprietary technology to provide complete, cost effective services that manage the entire lifecycle of frac water Extensive experience in unconventional oil and gas shale plays 18
Rapid deployment for shorter turnaround time between jobs and improved operational efficiencies Faster rig up/rig down, reduced transportation and risk exposure, lower road wear and tear Ability to blend process water from…
Compressco is a provider of compression-based production enhancement services, including both conventional wellhead compression services, unconventional compression services, and in certain markets, well monitoring and sand separation…
Compact, 46 horsepower GasJack unit performs wellhead compression, liquids separation, and optional gas metering from one skid Reliable, fuel efficient and easy to transport Low emission designed to meet all applicable EPA and…
Conventional Services primarily applied to mature gas wells with low formation pressures; also effectively utilized on newer gas wells that have experienced significant production declines and gas wells characterized by lower…
A leading provider of mid-to-late-life well services in the GOM Integrated suite of services Leading Heavy Lift provider in the Gulf of Mexico market Leading Well P&A provider in the Gulf of Mexico market Leading provider of diving…
Financial 24
Excluding Maritech, 3Q 2012 consolidated revenues increased by 33.2 million, or 16.6%, over 3Q 2011. For the Production Testing segment, incremental revenues and profits from the 2012 acquisitions and strong international growth more…
As of Sept. 30, 2012 ( millions) Cash and cash equivalents (excluding Compressco Partners cash) 10.2 Debt Balances Outstanding TETRA credit facility 57.2 Senior Notes and Other 305.7 Total debt (excluding Compressco Partners debt)…
Since 12/31/2010, we have sold essentially all of Maritechs proved reserves Maritechs decommissioning liabilities have been reduced from 266 million as of December 31, 2010 to 99.5 million as of September 30, 2012 During 3Q 2012,…
(thousands, except per share amounts) Market Capitalization: TTI (in thousands) Market price per share on 11/26/2012 6.87 Compressco Partners Average number of shares outstanding Distributable Cash Flow Nine Months Ended for 9 months…
( thousands) ( thousands) Reconciliation of Net Debt and Net Debt/Trailing Twelve Month Reconciliation of Cash from Operating Activities Excluding Maritech(1) EBITDA Excluding Maritech(1) TTM Cash from operating activities…
Contacts: Stuart M. Brightman, President & Chief Executive Officer Elijio V. Serrano, Sr. Vice President & Chief Financial Officer 281/367-1983 Fax: 281/364-4346 www.tetratec.com 30
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