Franks International page Barclays CEO Energy-Power Conference September 10, 2015 This document contains confidential and proprietary information which is property of Franks International. None of the information contained herein…
Franks International page 3 Company Overview Over 4,000 employees in 60 countries on 6 continents This document contains confidential and proprietary information which is property of Franks International. None of the information…
Franks International page 4 Investment Highlights Leveraged to deep, complex 2014 Revenue Contribution wells primarily offshore with 1.2 billion blue-chip customer base Strong free cash flow in excess of capital investment…
Franks International page 5 Customer Value Proposition Reduced Safer Increased Rig Time Operations Well Integrity Extended Range Handling Remote Tong System Fluid Grip Tong Tools This document contains confidential and…
Franks International page 6 Record Setting Technology 283 patents issued worldwide, 15 issued in 2015 Industrys first 1,500 ton load rating equipment Manufactured out of wrought materials (no castings) Recent record setting jobs…
Franks International page 7 FI Offshore Market Share Franks Market Share 25% Addressable Market Size 440 Rigs 96 Rigs 145 Rigs 63 Rigs 111 Rigs 57 Rigs 114 Rigs Source: FI internal data Includes all offshore rigs…
Franks International page 9 Controlling What We Can 20MM of realized cost savings in 2015, 30MM annualized beginning full year 2016 Reduced workforce by 15% since year-end 2014 Reduced Days Sales Outstanding 5 since year-end…
Franks International page 10 Strategic Plan for Creating One Franks Maximize value creation in existing markets Grow Existing Develop New Markets Markets Expand to new markets & customers Focus on new technology while…
Franks International page 11 Proud History - Progressing from Good to Great Strong Balance Sheet Poised for Opportunity Trusted Complex Well Solution Provider Strong Financial Performance in Challenging Environment…
Franks International page Thank You This document contains confidential and proprietary information which is property of Franks International. None of the information contained herein may be disclosed, reproduced, distributed or…