Willbros Group, Willbros Group, Inc. Inc. DA DAVIDSON September 2015 14TH Annual Engineering & Construction Conference September 11, 2015
Willbros Group, Inc. 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 Andrew Jack President, Canada Segment Johnny Priest President, Utility T&D…
Willbros Group, Inc. YTD Revenue Segments 2014 Revenue June 30, 2015 Willbros Group, Inc. 2,026 634 Oil & Gas 826 138 Utility T&D 364 193 Canada 405 138 Professional Services 440 171 Employees (period end) 8,000…
Blue Chip Customer List Willbros.com DA Davidson 14th Annual E&C Conference 6 September 11, 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 intent to sell balance of Professional Services…
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 Subject to revision, based on industry feedback…
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 Willbros.com DA Davidson 14th Annual E&C Conference 12 September 11, 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 Other 6 Fixed Price 35 Transmission 243 Distribution 512 T&M Unit Price 726 761 Million Willbros.com DA Davidson 14th Annual E&C Conference 14 September 11, 2015
Canada Segment Focused on oil and gas infrastructure construction, fabrication and maintenance, primarily in Western Canada Services Offerings: Pipelines Mainline, Midstream, Oilsands Mine Site, In-situ and Integrity…
Canada Segment Market in Canada is impacted by continued/sustained downward pressure on oil pricing Well positioned to mitigate cyclical nature of the oil and gas industry by service offerings supporting: CAPEX new project…
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 in backlog - growing through 2016 into 2017 Bid activity remains strong…
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 Willbros.com DA Davidson 14th Annual E&C Conference 22 September 11, 2015