Strategically Positioned in the Upswing Positioning and Focusing on Profit while Enhancing Liquidity & Strategically Investing Partnering with Long-Term Maintaining Capital for the Upcycle Customers Flexibility Augusta restart:…
Leveraging Our Competitive Advantages Factor Our Position The Hi-Crush Advantage Four facilities, two Class- Top-tier supplier with operational Size & Scale 1 rail origins, 10.4mm1 flexibility and ability to meet increasingly tons of…
Hi-Crushs Portfolio of Processing Plant Assets HCLP Owned Sponsor Owned Wyeville Augusta1 Blair Whitehall Capacity: 1.85 mm TPY Capacity: 2.86 mm TPY Capacity: 2.86 mm TPY Capacity: 2.86 mm TPY Rail: Union Pacific Rail: Union…
Strong Frac Sand Fundamentals Greater frac sand intensity driven by multiple unchanged factors Targeting of Increased Supportive Fundamentals Shale & Horizontal Unconventional Drilling Longer Laterals More Stages per Lengths…
Leverage to Current Upcycle vs Prior Peak1 Old Model New Model Rig Count 2,000 rigs -55% 900 rigs of rigs Rig Efficiency 27 days 19 days Days/well drilled Rig Productivity 13 wells Calculated 19 wells Wells drilled/year/rig DUC…
Logistics Flexibility Critical Wisconsin Logistics Overview Multiple owned and Bakken operated in-basin terminals Augusta Access to all major U.S. oil Blair and gas basins Marcellus / Whitehall Utica Direct loading and…
Pecos Terminal Further Enhances Permian Position Dedicated rail park and transload terminal for proppant strategically located in the Delaware Basin The Pecos Rail Terminal Terminal Overview Unit train terminal facility with…
PropStream Streamlining the Supply Chain Differentiated Last-Mile Capabilities Developed fully-integrated PropStream delivery solution to provide containerized mine site to well site services Control quality of sand from origin to…
Efficient Railcar Management Efficiently managing our railcar fleet; well-positioned to service increased activity Returned all system cars Railcar 700 scheduled to be delivered in 2H 2018 Management Update Lowered existing lease…
PropX Investing in the Future of Proppant Delivery PropX Strategic Overview Proppant Express Investment LLC (PropX) is a joint venture formed for development of critical last-mile proppant logistics equipment PropX is responsible…
PropX Performance To-Date All PropX Systems 1 billion 80 pounds wells completed delivered * September 2016 to February 15, 2017 Hi-Crush PropStream Systems 4Q 2016 utilization of 44% Lower 4Q 2016 utilization and start-up…
Improved Liquidity and Financial Flexibility As of in 000s December 31, 2016 Cash 4,314 Revolver 0 Term loan1 189,715 Other notes payable 6,705 Total debt 196,420 Net debt 192,106 Revolver availability2 66,368 Available…
Credit Facility Provides Liquidity & Flexibility Trailing 6 Month Leverage Ratio EBITDA Minimum Credit Facility Terms Maximum3 Amendment Equity cure provision available to eliminated EBITDA Capacity: Total revolver capacity of…
Fourth Quarter 2016 Summary 19
Full Year 2016 Summary 20
Fourth Quarter 2016 Summary EBITDA & DCF a) Maintenance and replacement capital expenditures, including accrual for reserve replacement, were determined based on an estimated reserve replacement cost of 1.35 per ton produced and…
Full Year 2016 Summary EBITDA & DCF a) Maintenance and replacement capital expenditures, including accrual for reserve replacement, were determined based on an estimated reserve replacement cost of 1.35 per ton produced and…
Reconciliation of Adjusted Net Income & EPU a) Financial information has been recast to include the financial position and results attributable to Hi-Crush Blair LLC. 23
Incentivized Management Team Avista Capital Parters 61% 39% Management & and Co-Investors Directors Hi-Crush Proppants LLC (Sponsor) 100% 100% Hi-Crush GP Operating LLC (General Subsidiaries Public Partner) Unitholders…
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