Willbros Group, Inc. GLOBAL HUNTER SECURITIES September 2015 September 2015
Willbros At A Glance Specialty energy infrastructure general contractor serving the oil, gas and power industries Offerings include engineering, procurement and construction (individually or as an integrated EPC service offering),…
Executive Team John T. McNabb, II Chairman & CEO Michael J. Fournier President & COO Van A. Welch EVP & CFO Peter A. Arbour SVP & General Counsel Executive team averages more than 30 years experience. Global Hunter…
Willbros Group, Inc. YTD Revenue Segments 2014 Revenue June 30, 2015 Oil & Gas 826 138 Utility T&D 364 193 Canada 405 138 Professional Services 440 171 Employees (period end) 8,000 4,900 Millions Global Hunter…
Blue Chip Customer List Global Hunter Securities Willbros.com 6 September 3, 2015
Actions Taken July 1, 2014 to Present Named new COO Executive Chairman named CEO Restructured Oil & Gas Segment New Management Team Wind down of Regional Services Offering COO Named new President Paid WAPCO settlement in…
Actions Taken July 1, 2014 to Present Reduced term loan 78.3 million through proceeds received from the sale of non-core assets Added financial expertise to Board Announced sale of balance of Professional Services Segment…
Oil & Gas Segment Provides Construction Services: Pipelines Gathering Cross Country Integrity Services Stations Pump, compression and flow stations Measurement facilities Tanks and Terminals API tank construction and…
Oil & Gas Segment - Drivers Unconventional liquids production in the U.S. driving demand for take away capacity to serve demand centers in Gulf Coast, Atlantic Seaboard, export facilities and refining/petrochem centers.…
Oil & Gas Pipeline Market 2016 and 2017 Demand for Cross Country Spreads (24 & Greater) United States Demand 70/year Supply 50 Gap 20 Canada Demand 20/year Supply 12 Gap 8 Based on industry feedback and WG analysis,…
Oil & Gas Segment Backlog, June 30, 2015 T&M Unit Price Other 9.4 17.5 Pipelines Tanks & 45.0 Terminals Fixed Price 24.9 78.0 87.4 Million Global Hunter Securities Willbros.com 12 September 3, 2015
Utility T&D Segment Substantial recent relevant experience: constructed more than 2,000 circuit miles of high voltage transmission lines (CREZ) 2015 - Focus is on expanding capabilities and growing presence in the markets…
Utility T&D Segment Backlog Fixed Price 35 T&M Unit Price 726 761 Million Global Hunter Securities Willbros.com 14 September 3, 2015
Canada Segment Focused on core strengths, providing services in the oil sands mine sites and in-situ developments: Field services Project specialty services Fabrication Chromium Carbine Overlay (CCO) Tanks E&I Quality…
Canada Segment Impacted by decline in oil prices Maintenance and capital spending discipline anticipated for the near term Sustaining capital spend necessary to continue operations Increased competition as market demand for…
Canada Segment Backlog June 30, 2015 Fabrication 2.3 PSS 60.9 Fixed Price 97 C&M Unit Price Tanks/E&I/ 140.2 136 Facilities 29.9 233 Million Global Hunter Securities Willbros.com 17 September 3, 2015
Professional Services Segment Project management Field services Procurement Commissioning Project definition Turnkey EPC Feasibility studies Route selection Preliminary & detailed design Cost estimates Permitting Land &…
Professional Services Segment - Drivers Market for engineering and EPC/EPCm projects: Low natural gas prices export projects and petrochem projects New domestic crude production focused now on more terminal infrastructure…
EPC Willbros integrated Engineering & Construction offering enables early identification of projects and opportunities to negotiate turnkey project proposals, leading to sole source work acquisition Integrated approach allows…
Recent Financial Commentary Q2 Results Revenue - 287 million Operating Loss - 12.3 million Net Loss - 18.9 million Guidance 2015 Revenue - 1.2 to 1.3 billion With completion of Professional Services sale, revenue from…
THANK YOU Global Hunter Securities Willbros.com 22 September 3, 2015