William Blair Willi Bl i 33rd Annual A l Growth Stock Conference June 13, 2013
U.S. Silica is Attractively Positioned Company Profile Operations Footprint Leading industrial minerals U S Silica U.S. supplier Overview Mauricetown 15 facilities and over 100 years of history Mapleton Flagship Ottawa site home…
SLCA: A Unique Value Proposition Earlyy Innings g of Rapid Demand Growth Shale Revolution A Balanced Mix of Stable and Better Insulated From Growing Markets Market Forces and Entrants Sustainable Competitive Grow Faster…
Frac Sand Demand Outstrips Drilling Activity Horizontal Wells Lateral Stages g per p Proppant pp Proppant pp Rig Count per Rig Length Lateral per Stage Demand Growth Drivers Proppant growth has outpaced rig count growth due…
Unique Industrial & Specialty Position Segment Applications Drivers of Stability Glass Smartphones, tablets Smartphones tablets, U.S. U S Sili Silicas multiple lti l plants l t provide id supplyl containers, automotive glass…
Transforming the ISP Segment Invest in Talent Enhance R&D Implement New Technology New VP/GM New Technical Director Specialty deposits Market Development team Product Development capability Enhanced processing Technical Sales…
Attractive Margins & Revenues in Range of Oil Pricing Environments 160 WTI Oil Prices (/Barrel) 120 80 40 SLCA Annual Run-Rate Adj. EBITDA(1) (MM) 0 2008 2009 2010 2011 2012 Margins Protected By Solid Defensive Revenues…
Structural Cost Advantage U.S. Silica Frac Plants vs. 2012 Industry Cost Curve New Project Examples Cost per Ton (1) Royalties, road fees, no High access to Cost natural gas, etc. 2012 Trucking to Demand Class I rail or…
Differentiated Footprint and Logistics Capability Transportation Assets Railroad access on BNSF, Union Pacific, CN, CP and CSX Barge access 22 in-basin in basin transloads transloads, many of which can be turned on or off to…
U.S. Silicas Highly Efficient Logistic Solutions Plant Unit Train Transload Well Head What is a unit train What is a transload Consists of 70-100 cars (8k -11k tons) that are shipped Rail terminal located in the basin direct from…
Sparta and Rochelle Milestones Rochelle Plant Phase I Capacity: 200k tons Resin-Coated Proppant (RCS) Pre-cured p product developed p and tested Client testing / evaluation underway Building inventory at plant and staging…
Robust U.S. Silica Growth Platform Segment Strategic Goal Key Actions & Triggers Role of M&A Oil & Gas Increase Market New actionable sites being explored Accelerate Share (1.5 million tons) growth Expand capacity at existing…
How Well Reach our Goal of Growing EBITDA by 2016 by Nearly 100% Adj. EBITDA 400 400M 250 - 300 300 -15 Rochelle 200 Sparta 151 100 0 2012 2013 2015 ISP New Products SG&A 2016P Facilities Greenfield & Growth…
Translating Growth Into Shareholder Value Share Repurchases Dividends In June 2012, Board authorized the Declared a special cash dividend of Company to repurchase up to 25 0.50 per share in December 2012 million illi t k funded…
Strong Balance Sheet to Fund Growth Initiatives Summary Capitalization (US in thousands) 50MM total available borrowing base under 3/31/2013 12/31/2012 asset-based revolving Cash and Cash Equivalents 42,919 61,022 line-of-credit…
Compelling Investment Opportunity Proven Results 2x Revenue over last 3 years Adj EBITDA(1) over last 3 years 3x Adj. Strong operating cash flows Unique q Option p to Economically y irreplaceable p ingredient g Play NA…
Appendix A
Reconciliation (Adjusted EBITDA to Net Income) Reconciliation of Adjusted EBITDA US in thousands 12/31/12 12/31/11 Net Income 79,154 30,253 Total Interest Expense, Net of Interest Income 13,615 18,347 Provisions of Taxes 30,651…
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