Superior Energy Services 35th Annual Institutional Investors Conference March 4, 2014
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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Cash Flow from Diverse U.S. Service Mix Supports Intl Expansion U.S. Land Multiple products and services across all major basins Stable market environment (rig count, well count, customer spending) Focus is on maintaining margins and…
Balanced Contribution from Diversified Product Mix 2013 Revenue 2013 Income from Operations (as Adjusted)1 4,611.8 million 479.4 million Onshore Onshore Completion Subsea and Subsea and Completion and Technical Technical and…
Revenue Exposure by Geographic Market Area 2013 Segment revenue by major geographic location as a percentage of total revenue ( in millions) Gulf of U.S. Land International Mexico Drilling Products and Services 288 (6%) 314 (7%)…
Strategic Overview
Strategic Framework for Value Creation Compete in 90 billion of total market globally with diverse product line Constant review means testing portfolio for optimization opportunities to ensure a balance between returns and…
Strategy Execution: U.S. Land Markets Near-Term Outlook Modest increases in horizontal rig count and customer spending anticipated in 2014 Oil development continues to drive activity; natural gas needs demand catalyst Efficiency…
Strategy Execution: Gulf of Mexico Near-Term Outlook Monthly Deep Water New Well Permits(1) Activity expected to exceed pre-Macondo levels in 25 2014 but at lower pace than 2013 20 3-year pre-spill 15 average: 7/mo. Deep water…
Strategy Execution: International A focused, disciplined approach to international expansion Market Considerations Capabilities Alignment Competitive Landscape STRETCH Geopolitical Considerations Financial Return Forecast HOT…
Legacy Markets Legacy Markets: United Kingdom, Norway, Continental Europe, Mexico, Trinidad, Ecuador, Peru Represents approximately 35% of international revenue 13
Core Markets Core Markets: Argentina, Brazil, Colombia, Australia, Indonesia, Malaysia, Saudi Arabia, Kuwait, India Represents approximately 40% of international revenue 14
Hot Spot Markets Hot Spot Markets: Ghana, Angola, Nigeria, Thailand, Gabon Represents approximately 10% of international revenue 15
Stretch Markets Stretch Markets: Kurdistan, Russia, China, Egypt, Libya, Algeria Represents less than 2% of international revenue 16
Capital Allocation Capital Expenditures 2014 Capital Expenditures by Segment 2014: 600 million to 650 million Subsea and Technical Growth capex for GOM and international; Solutions 18% primarily maintenance for U.S. land Product…
Income from Operations Reconciliation Onshore Drilling Completion Subsea and Products and and Workover Production Technical Consolidated Services Services Services Solutions Unallocated Total Income (loss) from operations…
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