THE STRAD ADVANTAGE DEMAND RESPONSE RESULTS Horizontal drilling and Deploy a broad range of Strong and stable free multi-stage fracturing has equipment cash flow led to more equipment Diversified asset base Strong dividend yield…
Q2 2013 RESULTS (MM) 2Q13 1Q13 4Q12 3Q12 2Q12 Canadian Operations Revenue Total Revenue 49.6 44.7 41.5 51.1 54.3 Solid margins despite activity declines EBITDA U.S. Operations CAN Ops 2.7 4.8 4.9 7.6 4.1 US Ops 3.9 4.5 2.2 2.8…
SENIOR MANAGEMENT & BOARD OF DIRECTORS SENIOR MANAGEMENT DIRECTORS Andy Pernal, CA Joined Strad in 2006; Former CFO of Moffat Henry van der Sloot, CFA, CA Founder of Strad in 2003; Former Managing Chief Executive Officer,…
REACH ACROSS NORTH AMERICA WHERE WE WORK 29 locations across North America 7
CUSTOMER SOLUTIONS SURFACE EQUIPMENT ENVIRONMENTAL & ACCESS MATTING DRILL PIPE Proprietary in-house design and Surface Equipment 4,800 pieces manufacturing provides a Matting 39,000 pieces competitive advantage for Strad. Drill…
CUSTOMER SOLUTIONS SOLIDS CONTROL & WASTE MANAGEMENT ECOPONDTM Solids Control 44 centrifuges 9
CUSTOMER SEGMENTS DRILLING COMPLETIONS INFRASTRUCTURE Oil and gas well drilling Oil and gas well completions Pipeline Construction Oil and gas well fracs Power Line Construction Mining Surface Equipment EcoPondTM Matting…
STRAD INNOVATIONS EcoPondTM large frac-water storage tank solution Focus on product modifications and new products to support drilling and completions 40,000 square feet of manufacturing and design facilities in Nisku, AB 11
CAPITAL EXPENDITURES CAPITAL ASSETS Cumulative Capital Expenditures 2010 2013F 209 million in gross value at June 30, 2013 Over 80% of our assets were acquired from 2010 to 2012 202 2013 capex budget is 15 million 187 Cash…
ASSET MIX JUNE 30, 2013 Gross Capital Assets by Product Line 5% 10% Surface Equipment 42% Matting 13% Drill Pipe Solids Control EcoPond 30% 14
FREE CASH FLOW 2013 FREE CASH FLOW EBITDA generates significant free cash flow Modest interest and tax payments New age of asset fleet has modest sustaining capex requirements Dividend payout ratio of 25% on cash flow MM Free…
CAPITAL STRUCTURE SHARES 37.3 million shares outstanding at June 30, 2013 2.4 million options with average exercise price of 3.80 BALANCE SHEET AT JUNE 30, 2013 Total Bank Working 110.0 MM 19.5 MM Facility Capital Total…
INVESTMENT HIGHLIGHTS VALUATION Trading at significant discount to peers Strong cash flow per share Strong return on asset base 6% dividend yield GROWTH Over 80% of assets acquired from 2010 to 2012 Increasing market share of…
THANK YOU Andy Pernal President & CEO Greg Duerr Chief Financial Officer 18
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