Third Quarter 2012 Earnings Conference Call Presentation November 9, 2012
Q3:2012 Conference Call Agenda Opening Remarks Dick Heckmann, Chairman Financial Review Jay Parkinson, CFO Operational Update Chuck Gordon, Fluids Management Division James Devlin, Recycling Division Mark Johnsrud, CEO Q&A 3
Introduction 4
Combined Company Has a National Footprint Company Will Be a Top-Tier National Environmental Delivery, Distribution and Treatment System Providing On-site, Value-added Customer Solutions One of the countrys leading providers of full-…
Recurring Business Model Our Customers Across the U.S. Rely on Us on a Daily Basis to Responsibly Manage the Transportation, Handling, Disposal and Recycling of Their Environmentally Sensitive Materials Transport Treat / Recycle…
Q3:2012 Financial Review 7
Q3:2012 Financial Highlights Legacy HEK Revenues of 93.1 million, up 95% year- over-year, a 2.5% sequential increase from Q2:2012 Adjusted EBITDA of 17.3 million, up 57% year-over-year Adjustments include stock-based compensation,…
Q3:2012 Financial Highlights Legacy Power Fuels Revenue of 96.5 million EBITDA of 36.1 million No adjustments to EBITDA Capex of 15.4 million, or 5.4 million of net cash capital expenditures (net of cash proceeds from asset sales)…
Power Fuels Transaction Update Heckmann shareholders have approved the issuance of common shares in connection with the Power Fuels merger Merger supported by more than 95% of Heckmann shareholders voting Transaction expected to…
Operational Update 11
Fluids Management Division Operating Review Key growth area for Company assets have increased throughout the year, from both capital investments as well as repositioning Growth in assets in the area include driver headcount up 26% in…
Fluids Management Division Operating Review, cont. Q1 Q2 saw prices average below 2.50 per mfc this impacted not only quarterly activity, but also customer spending decisions for the second half of the year Natural Gas Price…
Appalachian Water Services (AWS) Investment Company acquired a 51% interest in AWS in exchange for approximately 3.3 million shares of HEK common stock AWS is a water treatment facility in the Marcellus Shale area Focused on…
Recycling Division Operating Review Segment continues to demonstrate strong and stable financial performance Segment is exceeding original Company expectations from when transaction was completed in April of 2012 Q3 financial…
Power Fuels Operating Review Bakken Area Update Field estimated to be over 15,000 sq miles aerial extent of the field continues to increase, as drilling activity in Montana Bakken has increased significantly year-to-date Bakken is…
Power Fuels Operating Review Q3 Update & Outlook Activity was extraordinarily strong in the first half of 2012, with activity normalizing slightly in the second half of the year Some operators spent in excess of 50% of their budgets…
Heckmann & Power Fuels Integration Strategy Focus will be on maintaining existing regional offices and maximizing the application of best practices Companies had no operating overlap, which is expected to ensure smooth integration…
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