Petrowest Corporation Investor Presentation September 2015 PRW:TSX
Introduction to Petrowest Founded in 2006 through the consolidation of 10 established energy and infrastructure service companies based in Northern Alberta. May 2007 acquired an additional 5 companies, expanding into NE BC A…
Petrowest Profile TSX Listed PRW Shares Outstanding 177.1 million Insider Ownership 30% Share Price1 0.23 Market Capitalization 40.7 million Long Term Debt2 61.1 million Finance Leases 19.4 million Net Debt 42.2 million…
Heavy Equipment Fleet Overview As at April 15, New As at April New Type 2015 Additions Type 15, 2015 Additions Rock 1 134 - 6 Skid Steers 34 1 Trucks Highway 2 Dozers 155 - 7 177 - Trucks Excavators/ Wheel 3 119 - 8 57 2…
Gravel Crushing Overview Petrowest currently owns and operates 9 mobile gravel Gravel Crushing Overview crushing units and one additional wash plant Petrowest has the largest fleet of mobile gravel crushing equipment in Western…
The Petrowest Advantage & Market Position Petrowest has created a unique business entity through the consolidation of what is typically a smaller, private company industry This has created a distinct competitive advantage for…
Current Operating Environment The end of 2014 and beginning of 2015 has seen a significant pull back in commodity prices which has materially affected Petrowests Q4/14 and Q1/15 results. Throughout H1/15 Petrowest focused on…
Significant Upside With Current Asset Base Petrowest Implied Current Asset Value As highlighted in the table, Units Price Per Unit Total Value /sh* Heavy Equipment 1,114 Petrowest is currently trading at Third Party Appraisal Value…
Transformational Events Approaching Petrowest has numerous transformational events quickly approaching, including: BC Hydro Site C BC LNG Export BC Hydro Site C Overview: Petrowest is one of four short listed parties bidding to…
BC Hydro Site C Dam - Fort St. John, BC 8 billion project costs 1,100 megawatts of capacity Third dam and hydroelectric generating station on the Peace River One of four short-listed consortiums to bid on main dam project bid due…
BC Hydro Site C Dam - Fort St. John, BC Additional Associated Site C Potential Business In addition to the actual construction and development of the Site C Hydro Dam, Site C will bring additional opportunities for Petrowest which…
BC LNG Overview BC LNG is now emerging with both Pacific NorthWest (led by Petronas) and LNG Facility AltaGas publicly speaking to making a Final Investment Decision (FID) by year- end Petrowest will not only benefit from the…
BC LNG - Recent Announcements As highlighted in the press release below, Petrowests exposure to emerging LNG work begins with the proposed Prince Rupert Gas Transmission Project, expected to begin construction in 2015, reaching over 550…
Recent Insider Buying Activity As highlighted in the table below, Petrowests Management Team has been active in the public market buying additional shares at the current depressed equity valuation. Insider ownership is currently 30% of…
Current Research Coverage Analyst Rating Target Price Beacon Securities Buy 0.60/sh Michael Mills Canaccord Genuity Speculative Buy 0.35/sh Yuri Lynk Cormark Securities Buy 0.50/sh Jason Zhang Dundee Capital Markets Buy 0.55/sh…
Key Petrowest Contacts PRW:TSX 18
Appendix PRW:TSX
Company History Founded in 2006 through the consolidation of 10 established energy and infrastructure service companies based in Northern Alberta May 2007 Acquired an additional 5 companies, expanding into Northeastern British…
Management Overview James H. Coleman Executive Chairman Mr. Coleman is a Senior Partner of Norton Rose Fulbright Canada LLP, Barristers and Solicitors, and former Chairman of Macleod Dixon LLP, as it was prior to joining Norton Rose…
Management Overview Jim Moffatt Executive Vice President, Marketing & Sales and Construction Division Mr. Moffatt has over 30 years experience in the oilfield construction industry. Mr. Moffatt is the Executive Vice President of Sales…
Construction Division Liard River- NWT/BC PRW:TSX 23
Multi-Pad Drill Site PRW:TSX 24
Gravel Crushing (Spy Hill Site - Calgary, AB) Petrowest operates 9 separate crushing sites PRW:TSX 25