ENABLING THE DIGITAL OIL FIELD Pareto Securities Oil & Offshore Conference September 3rd, 2015 Oslo, Norway
RigNet Investment Highlights RigNet (NASDAQ: RNET) provides digital technology solutions for offshore and onshore drilling rigs, production facilities, energy maritime vessels and other remote locations, effectively spanning the global…
RigNet Provides Mission Critical Technology Solutions for the Digital Oilfield RigNet has the experience to provide Life of the Field solutions beyond just telecommunications. Leverage our digital communications technology to enhance…
That Allow Oil and Gas Companies to Operate in a Productive, Efficient and Safe Manner Complete managed services Managed Solution with 24x7 Support solution for Global Connectivity SOLUTIONS A rich portfolio of innovative products…
What Does Fully Managed Digital Technology Mean for RigNet and its Customers RigNet provides a fully managed communications package, bundling network services and value-added offerings such as crew welfare enhancements. This end-to-end…
RigNet Helps Enable The Digital Oilfield Security systems protect capital Cellular, Microwave and Satellite Two Way Radio and Telephony investments on site and online Backhaul link services at the edge to systems improve crew core…
Large and Attractive Core Life of the Field Energy Market Life of the Field Energy Market Energy Offshore rigs(a) U.S. Onshore(b) Production(a) Intl land(b) Maritime(a) Jackups, Rigs, Remote Fixed and Supply, Seismic, Rigs,…
RigNet Supports the Digital Oilfield Needs of a Blue-Chip Customer Base Oil & Gas Asset owners Oil & Gas Operators Contractors/Service Companies BruneiShell Diverse customer base with no excessive concentration 9
Bandwidth Needs Growing at the Edge Total Oil & Gas VSAT Market Fixed-Service Satellite (FSS) and Key drivers High-Throughput Satellite (HTS) Video-related services 2014 2024 Capacity Demand Integrated operations (reducing NPT1)…
Outlook for Ultra-Deep Water (UDW) Market Strong Over the Long- Term Will Drive the Need for Reliable Remote Communications Current UDW Activity1 Future UDW Rig Supply2 5 204 207 199 191 178 164 53 58 61 2 156 45 5 18 32…
History of Strong Growth Revenue1 EBITDA and UFCF1,2 in millions in millions 330 74 56 221 44 162 33 33 30 109 25 93 23 17 14 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 EBITDA UFCF High EBITDA margins from…
Q215 Performance Revenue decreased to 75.1 million in Q215 down 6.9% compared to the same quarter last year Achieved quarterly adjusted EBITDA of 18.5 million down 1.6% over the same quarter last year but an 8.1% increase over the…
Outstanding Share Price Performance 60.00 12/14/2010: IPO priced at 12 per share 8/1/2013: Announced acquisition of 55.00 Inmarsat Energy Broadband assets and GX commercial distribution agreement; RNET stock price at 27.93 per…
Five Year Oil Price Chart 125 115 Five market downturns 105 since the late 1980s 95 Each downturn has lasted 1 2 years on average 85 75 This downturn has occurred quicker than any 65 other 55 Question is not if there 45…
RigNet Investment Highlights RigNet (NASDAQ: RNET) provides digital technology solutions for offshore and onshore drilling rigs, production facilities, energy maritime vessels and other remote locations, effectively spanning the global…
THANK YOU 17
APPENDIX 18
Reconciliation of Net Income to Adj. EBITDA, Cash Earnings and Unlevered Free Cash Flow ( in thousands) 2010 2011 2012 2013 2014 Net income (loss) (15,726) 9,752 12,021 16,544 15,983 Interest expense 1,618 1,249 1,552 2,283 2,185…
Reconciliation of Net Income to Adj. EBITDA, Cash Earnings and Unlevered Free Cash Flow ( in thousands) Q214 Q115 Q215 Net income (loss) 5,748 (942) 6,120 Interest expense 565 511 508 Depreciation and amortization 7,280 8,096 8,211…