Superior Energy Services Barclays CEO Energy Conference September 5, 2012
Company Overview
Rationale for Superior Diversified family of products Serving the drilling, completion, production and decommissioning needs of the oil and gas industry in the U.S. with a growing presence in select international markets Globally…
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Balanced Contribution from Diversified Product Mix Pro Forma Total Superior Revenue by Family of Products and Services Trailing Twelve Months Ended June 30, 2012(1) Subsea and Technical Solutions Onshore 14% Completion and…
Balanced Contribution from Diversified Product Mix Pro Forma Total Superior Revenue by Products and Services Trailing Twelve Months Ended June 30, 2012(1) Remaining Pressure Pumping 17% 20% 60% of HHP is contracted Well and…
Participate in 90 billion of Global Market segments SPN Rank Drilling Products and Services (1) 3rd Onshore Completion and Workover Services Well Servicing 4th Estimated 600,000 HHP Pressure Pumping 11th at year end 2012…
Strategy Execution: U.S. Land Markets Near-Term Outlook Rig count in 2H 2012: Flat to lower (50-100 rigs) Oil development continues to drive activity; natural gas needs demand catalyst Efficiency in horizontal completions requires…
Strategy Execution: Gulf of Mexico Near-Term Outlook Monthly Deep Water New Well Permits(1) Activity levels should exceed pre-Macondo levels 25 20 Deep water rig availability remains a key driver 3-year pre-spill 15 average:…
Strategy Execution: International Markets Near-Term Outlook 2013E Well Count(1) Gradual increase in rig count and spending Malaysia Nigeria Oil price drivers: Eurocrisis, geopolitical, emerging Kuwait economies Australia Other…
International Expansion: South America 13
International Expansion: UK, Middle East and Africa 14
International Expansion: Asia Pacific 15
Capital Allocation Capital Expenditures 2012 CapEx by Geography GOM 2012E: Expect lower end of 1 billion to 1.1 10% billion guidance Int'l By end of 2012 assets will be in place for higher 20% activity in the U.S. land markets…
Investment Highlights Diversified product line with multi-basin, multi-product offering approach Assets in place to respond to activity increases in U.S. Small share of large, fragmented global markets provides growth potential…
EBITDA Reconciliation Earnings before interest, taxes depreciation, amortization and loss on early extinguishment of debt (EBITDA) is a non-GAAP financial measurement. We use EBITDA because we believe that such a measurement is a…