Forward-Looking Statements Some matters discussed in this presentation may be considered to be forward- looking statements. Such statements include declarations regarding managements intent, belief or current expectations. Prospective…
Year End 2014: Financial Highlights (Stated in thousands of dollars except per unit amounts, percentages and operating days) Three-Month Period ended December 31, Years ended December 31, 2014 2013 % Chg 2014 2013 % Chg Operating…
Q1 2015: Financial Highlights (Stated in thousands of dollars except per unit amounts, percentages and operating days) Three-Month Period ended March 31, Three-Month Period 2015 2014 % Chg ended Dec. 31, 2014 Operating Results…
Highlights Capital expenditures are dedicated to the strategic objective of deploying advanced services to the well site, mainly Velocity Anticipated commercialization in 2015 Swift and decisive actions taken to soften the effects…
Lowlights Profitability impacted by: Weak activity levels in all operating segments Cost structure aligned to support past record activity levels Severance payments Non-reoccuring charges incurred Losses resulting from Stream…
Outlook PHX Energy believes the recovery of the industry will only be seen when there is an impactful reduction to the amount of crude oil produced in the US PHX Energy will position itself with a cost structure that it believes…
2015 Objectives Absolutely must position the Corporation as a leaner and more efficient organization that offers significant competitive differentiators when it emerges from the current downturn Deploy advanced technology to the…
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