Newpark Resources Presentation November 2015 NYSE: NR
COMPANY OVERVIEW Consolidated Revenues Operating Segments: 1,400 Full Year First Nine Months Fluids Systems 1,200 1,042 1,118 Mats and Integrated Revenues ( millions) 1,000 984 Services 909 800 667 812 600 Customer…
EXPANDING GLOBAL PRESENCE First Nine Months 2015 Revenue by Region U.S. EMEA Latin America APAC Canada 8% 3% 7% 24% 58% Contract awards to begin within 12 months 4
FLUIDS SYSTEMS - OVERVIEW 1,200 Full Year Total Segment Revenues Largest independent drilling 1,000 First Nine Months 862 926 965 fluids provider 3rd largest drilling fluids Revenues ( millions) 799 800 704 600 598…
OUR FOCUS ON TECHNOLOGY Driving to be the recognized leader in innovative fluids chemistry and service quality Worldwide Technology Center opened in 2013, serving as the foundation to our expanding capabilities and new product…
EVOLUTION TECHNOLOGY Evolution Revenues Patented Evolution system 300 Full Year continues to demonstrate superior 250 First Nine Months 251 Revenues ( millions) drilling performance, reducing total 200 drilling cost 183…
EXPANSION INTO DEEPWATER GOM Deepwater foundation established in Brazil Expanded into Black Sea in 2014 Uruguay ultra-deepwater project in 2016 Deepwater market penetration aligns with efforts to expand IOC/NOC relationships…
FLUIDS SYSTEMS NORTH AMERICA North American Revenues 800 Full Year 687 Revenues impacted by sharp 700 First Nine Months 615 654 decline in drilling activity and Revenue ( millions) 585 600 operators reducing well 500 425…
FLUID SYSTEMS - INTERNATIONAL International Revenues International expansion is key to our 300 Full Year 272 278 strategy First Nine Months 246 250 214 More stable than NAM 200 215 172 Longer term contracts 150 141 172 Largely…
FLUIDS OPPORTUNITIES IN THE DOWNTURN Complete next level infrastructure investments, preparing for eventual recovery Strengthen our organizational capabilities by adding key talent Fluids focused culture Commitment to providing…
MATS & INTEGRATED SERVICES OVERVIEW Leading provider of engineered worksite Total Segment Revenues 180 Full Year solutions 160 First Nine Months 153 140 Patented technology and size of 122 116 Revenues ( millions) 120 110…
MATS & INTEGRATED SERVICE STRATEGY Key investments made to support future growth Manufacturing capacity expanded R&D center nearing completion Transform wellsite offering to system solution, driving lowest cost to operators…
CAPITAL DEPLOYMENT STRATEGY Capital Deployment Maintain a disciplined approach Capital Investments Acquisitions Share Repurchases 100% 3% toward capital deployment with 11% 80% 34% 8% 33% decisions based on long-term impact to…
BALANCING SHORT-TERM ACTIONS WITH LONG-TERM FOCUS Revenue and EBITDA Margin* 1,200 18% Short-Term Actions 1,118 Full Year First Nine Months 1,042 16% Actively monitoring and adjusting the 1,000 984 909 14% business to current…
APPENDIX 16
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended Nine Months Ended September 30, June 30, September 30, September 30, September 30, (In thousands, except per share data) 2015 2015 2014 2015 2014 Revenues 154,170…
OPERATING SEGMENT RESULTS (Unaudited) Three Months Ended September 30, June 30, September 30, (In thousands) 2015 2015 2014 Revenues Fluids systems 138,765 140,344 251,234 Mats and integrated services 15,405 23,300 45,730 Total…
CONSOLIDATED BALANCE SHEETS (Unaudited) September 30, December 31, (In thousands, except share data) 2015 2014 ASSETS Cash and cash equivalents 113,850 85,052 Receivables, net 176,640 318,600 Inventories 176,828 196,556 Deferred…
CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) Nine Months Ended September 30, (In thousands) 2015 2014 Cash flows from operating activities: Net income (loss) (7,732) 78,832 Adjustments to reconcile net income to net cash provided…
EXPERIENCED LEADERSHIP Paul Howes President & CEO Gregg Piontek VP & CFO Mark Airola SVP, GC & Admin Officer Bruce Smith President Fluids Systems Jeff Juergens President Mats & Integrated Services 21
MANAGEMENT BIOGRAPHIES Paul L. Howes, President & CEO: Paul joined Newparks Board of Directors and was appointed its Chief Executive Officer in March 2006. In June 2006, Mr. Howes also was appointed as Newparks President. Mr. Howes…
MANAGEMENT BIOGRAPHIES Bruce C. Smith, Executive VP and President Fluids Systems: Bruce joined Newpark in April 1998 as Vice President, International. Since October 2000, he has served as President of its subsidiary Newpark Drilling…
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