A Diversified Environmental Services Provider June 2012
Heckmann Corporation Timeline Establishes business model to serve water Adds executives with extensive Pro-forma 2012 revenue guidance: and environmental experience in water and 400M-420M(1) from water and services industry…
Heckmann Company Snapshot Route-based environmental services provider Transport, recycle, reuse and dispose of water and oil Recycle of oil filters and antifreeze Ownership of more than 25 saltwater disposal wells, with permits for 7…
Investment Highlights Large scale and range of services, with highly scalable platform Industry leading services provider across Competitive North America Advantages Diversified customer base Extensive experience in water…
Comprehensive Suite of Environmental Services Transport Treat /Recycle Dispose 6
Broad Footprint Across the U.S. Created in Three Years Corporate offices Environmental Services Facility Locations Water Services Locations Antifreeze Manufacturing & Operating…
High Quality Customer Base Oil-Weighted Heckmann has: Large scale and range of services, with highly scalable platform Diversified revenue stream Expanding Employee Base 1,600 1,500 1,200 1,200 800 400 30 0 2010…
Increasing Need for Environmental Solutions Increasing Service Intensity Increasing Demand for HS&E Approach Horizontal length and number of frac stages Scarcity of health, safety & environmentally qualified increasing in major…
Market Drivers for Environmental Services Growing Need for Environmental Services Increasing environmental regulations and social enforcement of proper waste disposal Customers preferring to work with providers who can offer…
Produced Shale Oil & Gas is a Byproduct of Water Flowback Water (20% of total water) Average of 6.3 Million Gallons of Water Used Per Well(1) First water returned to surface after well is completed High volume of water over short…
Highly Fragmented Industries Only Heckmann focuses on water and environmental services exclusively Main sources of competition come from small, local or regional players Multi-Regional No other large company is exclusively…
High Barriers to Entry Infrastructure and assets Recycling technology Scale and breadth Accountability move to automation for trucking and saltwater disposal management with an increasingly stringent regulatory environment…
Financial Overview 14
Financial Highlights Attractive Business Model Aligned to Competitive Environmental Services Spectrum Accelerating Top Line Growth with Significant Visibility Results Driven by Ongoing Production and Generation of Customers…
First Quarter 2012 Financial Highlights ( Millions) HWR posts record results of 55.0M in revenue and 10.2M in adjusted EBITDA Revenue tripled and adjusted EBITDA more than doubled year-over-year On a pro-forma basis, which includes…
2012 Guidance 2012 Pro-Forma Revenue of: 400.0-420.0M 2012 Pro-Forma Adjusted EBITDA of: 95.0-105.0 M CapEx Budget of 75M (reducing in subsequent years as % of EBITDA) Pro forma results assume TFI is included in full…