Contract Drilling High quality fleet of land drilling rigs including 161 APEX rigs Leader in walking rig technology for pad drilling applications Large footprint across North American drilling markets Components of Revenue…
Scaling The Business Scaling our business effectively is key to our success both in upturns and downturns Patterson-UTI U.S. Rig Count vs. U.S. Drilling Staff Size Rig Count Drilling Staff Size 3 Patterson-UTI U.S. rig count and…
Majority of Adjusted EBITDA from APEX Rigs Adjusted EBITDA Contribution by Rig Class Other Electric Mechanical APEX 7 *Adjusted EBITDA contribution by rig class excluding early termination revenues for the three months…
APEX-XK Integrated Walking System 9 APEX-XK Rig Walking on Pad Video of APEX-XK Rig http://patenergy.com/drilling/technology/apexwalk/ 10 10 5
Large Geographic Footprint PTENs Active Rig Count by Region as of May 19, 2016 Canada 0 Rigs North Dakota 7 Rigs Rockies 3 Rigs Appalachia 18 Rigs Mid-Continent 5 Rigs West Texas East Texas 12 Rigs 5 Rigs South…
Modern Pumping Equipment Frac Horsepower by Age 10 Years 5% 5 - 10 Years 26% 4 Years Average Age < 5 Years 69% 13 Modern Pumping Equipment Frac Horsepower by Pump Type Legacy Triplex Modern 6% Triplex 14% 1…
Pressure Pumping Areas Market Focus Provides Economies of Scale Frac Horsepower 35% 65% Northeast Region: Fracturing horsepower: 353,800 Southwest Region: Other horsepower: 55,400 Fracturing horsepower: 663,800 Other…
Technology Focused PowderStim Dry Friction Reducer System hydrates powder form of friction reducer directly into the fluid stream Logistically safer and more efficient compared to liquefied friction reducers Successful with both…
Strong Financial Position Investing in Our Company Capital Expenditures and Acquisitions ( in millions) 1,229 976 1,012 974 744 662 598 637 445 453 170 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016E Year…
Strong Financial Position Capital Structure ( in Millions) Stockholders 2,489 Equity Bank Term Loans 245 Maturing September 27, 2017 25% 4.97% Series A notes Debt/ 300 Due October 5, 2020 Total Cap 300 4.27% Series B…
Why Invest in Patterson-UTI Energy High Quality Assets 161 APEX rigs comprised primarily of 1500 horsepower and pad capable rigs Creating value through focus on well site execution Technology leader Leader in walking rigs for pad…
Non-GAAP Financial Measures PATTERSON-UTI ENERGY, INC. Three Months Ended Three Months Ended Non-GAAP Financial Measures (Unaudited) March 31, December 31, (dollars in thousands) 2016 2015 2015 Adjusted Earnings Before Interest,…
Loading...
