Skip to main content BUSINESS REVIEW – Parker Drilling Co. Investor Presentation | Shale Experts
Loading...
Pm

BUSINESS REVIEW – Parker Drilling Co.

Parker Drilling Co. · Mar 26, 2014 · 16 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. BUSINESS REVIEW – Parker Drilling Co. – slide 1
    Business Review March 26, 2014
  2. BUSINESS REVIEW – Parker Drilling Co. – slide 2
    Business Focus Be the premier supplier of drilling Deliver Reliable tools, well services and contract Results drilling services to the U.S. and international markets, delivering Improve Profitability performance in routine to extreme…
  3. BUSINESS REVIEW – Parker Drilling Co. – slide 3
    Business Segments U.S. Barge International Technical Rental Tools U.S. Drilling Drilling Drilling Services 4
  4. BUSINESS REVIEW – Parker Drilling Co. – slide 4
    Balanced Business Mix: Drilling Services and Rental Tools 2013 Revenue by Line of Business 1 2013 Gross Margin by Line of Business 1 35% 49% 38% 24% Rental Tools Rental Tools International International Drilling Drilling 16%…
  5. BUSINESS REVIEW – Parker Drilling Co. – slide 5
    Revenue Diversity 2013 Revenue by Geography 1 2013 Revenue by Customer Type 1,2 52% United States 42% 41% 32% Independents Major Intl E&P Eastern & Regionals Companies Hemisphere 14% Latin 11% 6% America National E&P…
  6. BUSINESS REVIEW – Parker Drilling Co. – slide 6
    Operating Locations 14 Drilling Rigs 3 Rental Tools Locations United Alaska 2 land England GOM 12 barge States Netherlands Scotland U.K./Europe 8 Rental Tools Locations New Iberia, LA Williston, ND Victoria, TX Morgantown, WV…
  7. BUSINESS REVIEW – Parker Drilling Co. – slide 7
    Rental Tools Overview Unique Operating Strengths A leading supplier in U.S. land, U.S. offshore and international markets Strong growth in up cycles, resilient operating margins in down cycles ITS acquisition provides international…
  8. BUSINESS REVIEW – Parker Drilling Co. – slide 8
    U.S. Barge Drilling Overview Unique Operating Strengths Largest marketed drilling barge fleet in the Gulf of Mexico Preferred contractor with reputation for delivering safe, efficient performance with high quality rigs, and trained…
  9. BUSINESS REVIEW – Parker Drilling Co. – slide 9
    Barge Dayrates Continue to Improve PKD Barge PKD Barge Avg. Dayrate Utilization % 50,000 100% 45,000 90% 40,000 80% 35,000 70% 30,000 60% 25,000 50% 20,000 40% 15,000 30% 10,000 20% 5,000 10% 0 0% 1Q 2Q 3Q 4Q 1Q…
  10. BUSINESS REVIEW – Parker Drilling Co. – slide 10
    U.S. Drilling Overview New Design Land Rigs 3-Platform O&M Project for Arctic Drilling Applies Parkers drilling expertise, Safety-engineered, innovative experience and safety practices equipment package Customer-owned the drilling…
  11. BUSINESS REVIEW – Parker Drilling Co. – slide 11
    International Drilling Overview Unique Operating Strengths Premium quality, higher h.p. fleet with trained, experienced rig operators and management personnel for demanding applications O&M contracts employing Parker expertise and…
  12. BUSINESS REVIEW – Parker Drilling Co. – slide 12
    Technical Services Overview Unique Operating Strengths Experience-based development of innovative solutions to challenging drilling programs Long-term partnerships often lead to O&M contracts Technology conduit for other Parker…
  13. BUSINESS REVIEW – Parker Drilling Co. – slide 13
    Historical Performance Revenue by Segment 1 Adjusted EBITDA 1 237 234 0 26 218 10 0 334 28 14 91 158 35% 36 32% 292 318 67 27% 24% 295 1 137 124 94 65 310 237 247 173 2010 2011 2012 2013 2010 2011 2012 2013…
  14. BUSINESS REVIEW – Parker Drilling Co. – slide 14
    Historical Performance Capital Spending 1 Cash Flow 1 (millions) (millions) 250 250 226 219 200 190 192 200 190 161 156 150 150 134 124 115 112 113 100 100 50 50 0 0 2010 2011 2012 2013 2010 2011 2012 2013…
  15. BUSINESS REVIEW – Parker Drilling Co. – slide 15
    Financial Position Debt & Liquidity (12/31/13) Debt-to-Total Capital 5 264MM in Liquidity 1 50.8% Debt maturity schedule 2 425MM 9-1/8% Sr. Unsecured Notes due 2018 47.0% 225MM 7-1/2% Sr. Unsecured Notes due 2020 Debt covenants…
  16. BUSINESS REVIEW – Parker Drilling Co. – slide 16
    Appendix 17

From the store

Browse maps, data & reports in the Shale Experts store