Franks International page Franks International Q1 2016 Earnings Conference Call April 27, 2016 This document contains confidential and proprietary information which is property of Franks International. None of the information…
Franks International page 2 Q1 2016 Earnings Conference Call Introduction Blake Holcomb, Director of Investor Relations Operations Overview Gary Luquette, President and CEO Financial Performance Jeff Bird, EVP and CFO…
Franks International page Gary Luquette President and CEO Franks International page 4 This document contains confidential and proprietary information which is property of Franks International. None of the information contained…
Franks International page 5 Q1 2016 Summary Maintained offshore adjusted EBITDA margins above 30% in all operating markets and held market share flat quarter over quarter Bolstered an already pristine balance sheet with free…
Franks International page 6 Franks Market Share 22% FI Offshore Global Market Share Addressable Market Size 370 Rigs Europe Revenue Share Rigs 78 Rigs Gulf of Mexico Middle East Revenue Share Rigs Revenue Share Rigs 129…
Franks International page Jeff Bird Executive Vice President and CFO Franks International page 7 This document contains confidential and proprietary information which is property of Franks International. None of the information…
Franks International page 8 Q1 2016 Financial Highlights Q1 Results Q/Q Q1 2015 Revenue Breakdown International Services 83.1 MM (10%) U.S. Services 48.8 MM (24%) Tubular Sales 21.6 MM (53%) 14% Total Company Revenue 153.5 MM…
Franks International page 12 Updated Market Outlook Announcement of 150 million share repurchase program West Africa and Latin America regions expected to see meaningful decrease in activity second half of 2016 as contracted…
Franks International page Questions Franks International page 13 This document contains confidential and proprietary information which is property of Franks International. None of the information contained herein may be…
Franks International page 14 Non-GAAP Reconciliations Three Months Ended March 31, December 31, March 31, 2016 2015 2015 Revenues 153,486 202,976 277,437 (Loss) income from continuing operations (2,408) 6,768 46,401 Interest…
Franks International page 15 Non-GAAP Reconciliations (continued) Three Months Ended March 31, December 31, March 31, 2016 2015 2015 Segment Adjusted EBITDA: International Services 31,379 35,723 52,285 U.S. Services 715 14,104…