Peters & Co. Limited 2012 North American Oil & Gas Conference September 11, 2012 Presented by: RICHARD MALONEY STEPHEN CLARK, CMA Senior Vice President Chief Financial Officer September 11, 2012
FORWARD LOOKING STATEMENT This report contains forward-looking statements which reflect managements expectations regarding the Mullen Group Ltd. (Mullen Group) future growth, financial condition, results of operations, performance,…
AGENDA Investment Considerations Company Overview Operating Segments Financial Performance Summary September 11, 2012 3
INVESTMENT CONSIDERATIONS September 11, 2012 4
INVESTMENT CONSIDERATIONS Shareholders Can Expect: Stable Dividend Focused Growth Consistent and Predictable Earnings Diversification Strong Management Team aligned with Shareholders September 11, 2012 5
COMPANY OVERVIEW September 11, 2012 6
COMPANY OVERVIEW About Mullen Group: We are an Oilfield Services and Transportation/Logistics company. Our two primary markets are vital to the economy: We provide a wide range of services to the energy and natural resources sectors…
COMPANY OVERVIEW LONG-TERM STRATEGY Maximize Operational BU Performance of Business Units Operational Performance Commitment to Quality and Leadership Development Effective Deployment Strong REWARD Quality & of Capital Balance…
OUR OPERATING SEGMENTS September 11, 2012 9
TRUCKING/LOGISTICS SEGMENT Financial Performance Q1/12 ( millions) Q2/12 Service Offerings Long-Haul and Less-Than-Truckload Trucking Logistics, Intermodal and Transload Services Bulk Hauling Key Drivers and Considerations Tied…
OILFIELD SERVICES SEGMENT Financial Performance Q1/12 ( millions) Q2/12 OI 77.3 30.5 Service Offerings Drilling and Drilling Related Specialized Services oil sands & infrastructure Production Services Key Drivers and…
OIL PRODUCTION IN CANADA Source: Centre for Energy Website September 11, 2012 12
OIL PRODUCTION IN CANADA Source: Canadian Association of Petroleum Procedures Presentation September 11, 2012 13
OILFIELD SERVICES OIL SANDS Primary Service Offering Core Hole Delineation Heavy Haul and Hydraulic Lifting Tailing Ponds Management Considerations Core Recovery: 95 percent; On-Site Moves (each year): 7,000 200 tonnes per load =…
OILFIELD SERVICES HEAVY OIL Service Offerings Pipeline on Wheels Well Servicing Tank Cleaning Considerations Oil & Produced Water Hauled (each year): 20.0 M m3 or 125.0 M barrels; 55,000 m3 per day, or 345,000 barrels; Tank…
OILFIELD SERVICES LIGHT/MEDIUM/LIQUIDS RICH Service Offerings Pipeline on Wheels Well Servicing Fracing Support Considerations Mud Handled (each year): Bags 28.0 M; Invert 230,000 m3 (1.45 M barrels); Tank Farm 45,000 m3 (280,000…
A WORD ON PIPELINES NEXT FEW YEARS Considerations Joints Of Pipe: 235,000 Weight of Pipe: 1.7 billion kgs 3.9 billion lbs Length of Pipe: 4.1 M meters 4,100 kms Source: Canadian Association of Petroleum Procedures…
OILFIELD SERVICES Strategic Locations September 11, 2012
OUR FINANCIAL PERFORMANCE September 11, 2012 19
OUR FINANCIAL PERFORMANCE BALANCE SHEET AS AT JUNE 30, 2012 Cash 87.6 M Working Capital 215.7 M PP&E 827.7 M Long-Term Debt (1) 402.8 M Net Debt (1) 184.7 M Available Credit Facility (2) 75.0 M (1) Excludes Convertible Debentures…
EXECUTING WELL ON LONG-TERM STRATEGY 2008/09: Financial Crisis ( millions) ( millions) 17.8% 23.6% 2006: Producers, Kleysen and 4 other acquisitions September 11, 2012 21
OUR FINANCIAL PERFORMANCE ACTUAL FREE CASH 288.0 276.1 192.6 201.2 OPERATING INCOME September 11, 2012 24
OUR FINANCIAL PERFORMANCE FREE CASH SCENARIO 288.0 276.1 192.6 201.2 OPERATING INCOME September 11, 2012 25
2012 CAPEX Announced 100 million in 2012 Primary focus well servicing and fluid handling in Production Services Well Servicing Fluid Hauling Fracing Support September 11, 2012
SUMMARY September 11, 2012 27
REWARDING SHAREHOLDERS: DIVIDEND POLICY Mullen Group recently announced its intention to retain its practice of paying annual dividends of 1.00 per Common Share. Current dividend yield approximately 4.5%. FOCUSED GROWTH Experienced…
OUR MISSION TO ACQUIRE COMPANIES AND IMPROVE THEIR Our Life is the PERFORMANCE Highway September 11, 2012
OPERATING ENTITIES Trucking/Logistics Segment Cascade Carriers L.P Mullen Trucking L.P. Grimshaw Trucking L.P. Payne Transportation L.P. Hi-Way 9 Group of Companies Smook Contractors Ltd. Kleysen Group L.P. Tenold Transportation…
Loading...
