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PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc.

Rignet, Inc. · Sep 11, 2014 · 20 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 1
    Pareto Securities' Oil and Offshore Conference September 11, 2014
  2. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 2
    RigNet Investment Highlights Founded in 2001, RigNet (NASDAQ: RNET) is a leading provider of remote communications, systems integration and collaborative applications to the oil and gas industry, both offshore and onshore, around the…
  3. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 3
    RigNet Provides Mission Critical Remote Communications to the Oil and Gas industry Provide mission critical remote communications services to the oil and gas industry Offers Best-in-class solutions for all remote communications…
  4. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 4
    Best-in-Class Remote Access Technologies Across the Globe Relationships with all major satellite owners including GX VSAT partnership with Inmarsat allowing RigNet to provide the most reliable connectivity worldwide Largest…
  5. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 5
    Combined with a Fully Managed Connectivity Solution for the Oil and Gas Market Complete managed services solution for Global Connectivity Managed Solution with 24x7 Support SOLUTIONS A rich portfolio of innovative products and…
  6. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 6
    RigNet Telecommunications System Integration (TSI) Telecommunications system integration business focused on the Global Oil and Gas sector Provides fully managed systems integration projects including engineering and design,…
  7. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 7
    Large and Attractive Core Life of the Field Energy Market: Life of the Field Energy Market Offshore rigs(a) U.S. Onshore(b) Production Energy Maritime Intl land(b) Jackups, Rigs, Remote Supply, Seismic, Rigs, Remote Fixed and…
  8. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 8
    Blue-chip Customer Base Oil & Gas Asset owners Oil & Gas Operators Service Companies BruneiShell Diverse customer base with no excessive concentration 9
  9. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 9
    Bandwidth Needs Growing at the Edge Total Oil & Gas VSAT Market Key drivers 2012 2017 Video-related services Bandwidth: Gbps Integrated operations (reducing NPT1) Overseeing and directing offshore activities from 7.0 onshore…
  10. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 10
    Ultra-Deep Water (UDW) Markets Expanding, Driving the Need for Reliable Remote Communications Current UDW Activity1 Future UDW Rig Supply2 8 224 228 229 215 1 205 189 1 167 86 87 73 82 47 63 45 2 25 1 4 32 8 142 142…
  11. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 11
    Unconventional shale plays are driving land drilling in the U.S. Eagle Ford Shale oil production jumped from 183,261 barrels a day in October 2011 to 323,098 bbl/d in October 2012 Bakken oil production went from 488,066 bbl/d in…
  12. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 12
    RigNet Strategic Transaction with Inmarsat Energy Acquisition of Energy Broadband Business On February 3, RigNet paid 25MM U.S. in an all cash acquisition financed through a new credit facility and cash on hand Goal is to raise the…
  13. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 13
    Growth Driven by Market Share Gains Global Market Share by Revenue Industry Ranking vs. Key Success Criteria 05-13 100% 100% 100% 100% 100% Global Footprint Strong 27% 26% 21% 19% 31% Value-Added Strong 43% 43% Solutions 44% 51%…
  14. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 14
    History of Strong Growth Revenue1 EBITDA and UFCF1,2 in millions 330 in millions 72 56 221 44 162 33 34 30 29 30 109 26 90 93 22 22 81 19 67 18 16 14 10 2007 2008 2009 2010 2011 2012 2013 2014E 2007 2008 2009 2010…
  15. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 15
    Record Q2 14 performance Revenue increased to 80.7 million in Q2 14 up 57.1% compared to the same quarter last year Organic revenue increased 10.1 million, or 19.7% compared to the same quarter last year Achieved record quarterly…
  16. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 16
    Outstanding share price performance 1.0 58.00 8/20/2013: KKR announced 12/14/2010: IPO agreement to acquire 27% of priced at 12 per 8/1/2013: Announced acquisition of RigNet from Cubera 0.9 54.00 share Inmarsat Energy Broadband…
  17. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 17
    RigNet Investment Highlights Founded in 2001, RigNet (NASDAQ: RNET) is a leading provider of remote communications, systems integration and collaborative applications to the oil and gas industry, both offshore and onshore, around the…
  18. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 18
    THANK YOU 19
  19. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 19
    APPENDIX 20
  20. PARETO SECURITIES OIL AND OFFSHORE CONFERENCE – Rignet, Inc. – slide 20
    Reconciliation of Net Income to Adj. EBITDA ( in thousands) 2007 2008 2009 2010 2011 2012 1Q13 2Q13 3Q 13 4Q 13 2013 Q114 Q214 Net income (loss) (2,121) 10,356 (19,620) (15,276) 9,752 12,021 3,775 4,915 2,407 5,447 16,544 2,308 5,748…

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