Clint Walker Exec. VP and GM, Cudd Energy Services 21st Annual Credit Suisse Energy Summit Jim Landers February 25, 2016 Vice President of Corporate Finance February 25, 2016 1
Corporate Profile NYSE: RES. Publicly-traded since 1984 Recent Share Price (February 20, 2016) 13.42 Market Capitalization 2.8 billion Average Daily Volume (LTM 02/19/16) 1,982,000 Large Insider Ownership Provider of Oilfield…
RPCs Evolution Throughout the Oilfield Cycles Early 2000's 2006 2012 Present 350 1970's 1984 Oil and natural gas 4,500 1980s 1990s RPC entered the Market Cudd Pressure pressure pumping Capitalization prices and the U.S. RPC…
Strategy to Manage Through the Downturn Preservation of Operating Assets and Service Infrastructure Strong Balance Sheet DebtFree as of 12/31/15. Prudent Cost Management Measures Materials and Supplies Employment Costs Capital…
Top Service Lines Service Line Revenue as a Percentage of Consolidated Revenues Three Months Ended December 31, 2015 Pressure Pumping T hru T ubing Solutions 54.6% (Downhole T ools) Coiled T ubing 18.6% Rental T ools…
Pressure Pumping Well-maintained, high quality fleet concentrated in service-intensive oilfield basins Fleet assessment process has efficiently refined maintenance procedures Demonstrated ability to operate efficiently and…
ThruTubing Solutions ThruTubing Solutions (Downhole tools and motors) provides services used in unconventional completion operations Specializes in accomplishing multi-stage completions in unconventional wells. Significant…
Coiled Tubing 51 units used to enter new and existing wells to perform a variety of services. Approximately 26 are 2 in diameter. Growing utilization with unconventional plays and larger-diameter coiled tubing strings 4 U.S.…
Patterson Rental Tools Rents a variety of tools and products required during drilling or re- entering a well 3.2% of Q4 2015 revenues 2% market share Currently Leveraged to Liquids- and Oil- Related Plays in Bakken and Eagle…
Other Workover Services Nitrogen Used in a variety of oilfield applications and several non-oilfield industrial uses 82 nitrogen units, 3.7% of Q4 2015 revenues Snubbing / Hydraulic Workover Allows workover work to be performed…
4th Quarter 2015 Financial Highlights Revenues: 268.1 Operating (Loss): (57.4) Net (Loss): (37.9) EBITDA: 9.0 Q4 2015 Compared to Q4 2014 Revenue decreased by 57.6% due to decreased activity levels and pricing in all of our service…
Responsible Stewardship of Cash RPC Summarized Cash Flows 2006 2015 ( 000's) 2,500 2,000 1,500 1,000 500 0 Beginning Cash Operating Cash Net Borrowings on Other Financing Net Capex Dividends Paid Net Repurchase of…
10-Year Return on Invested Capital * 70.0% 60.0% RPCs returns on invested 50.0% capital compare favorably to its peer group. 40.0% 30.0% 20.0% 10.0% 0.0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 RES BAS CJES…
Contact Us irdeptrpc.net www.rpc.net Operational Headquarters: The Woodlands, Texas (above) Corporate Headquarters: 2801 Buford Highway NE, Suite 520 Atlanta, GA 30329 (404) 321-2140 15
Appendix A Periods ended, (Unaudited) Three Months Ended Twelve Months Ended December 31, September 30, December 31, (in thousands except per share data) 2015 2014 2015 2015 2014 Reconciliation of Net (Loss) Income to EBITDA Net…
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