Investor Presentation Barclays Global CEO-Energy Power Conference September 2017 Keane Group Investor Presentation September 2017 0
Keane Overview Market leading, integrated provider of value-added Completions Services completion services Pure-play U.S. completion services company 1,200,000 Hydraulic Horsepower Significant scale with fleet totaling 1.2 million…
Execution on Public Platform Significant achievements in less than 8 months Deployed all idle fleets; achieved full utilization Utilization Commissioned 7 legacy Keane fleets since January 2017 Deployed idle fleets at…
Keanes Evolution Transformation into one of the largest completion services providers in the U.S. 2011 2017 Permian, Marcellus / Utica, Bakken, Marcellus Basins SCOOP / STACK Single major Customers Top-tier, diversified…
Investment Drivers & Value Proposition Positioned for leading profitability & growth; well-positioned in upcycle 1.2 million hydraulic horsepower creates scale and competitive advantage Strategic Diversification across oil and gas…
Strategic Footprint Across Growth Basins Positioned across prolific U.S. basins 1.2mm HHP in leading growth basins including Permian, Marcellus / Utica and Bakken Diverse footprint across geographies and commodities Leading…
Proven Execution in Fleet Deployment Speed-to-market driven by quality assets, balance sheet & execution Speed-to-market; successfully commissioned all idle fleets at avg. of 2mm/fleet Cost consistency & speed of commissioning…
Integrated Completions Model Integration enhances efficiency and customer engagement Hydraulic Wireline Engineered Fracturing Technologies Solutions Scale: 1.2mm total HHP Units: 31 trucks Technical capabilities: Woodlands…
Engineered Solutions Capabilities Proprietary products provide solutions and deliver value Increases Lowers Enhances Efficiency Costs Sustainability Products Value Proposition Benefit Complementary and customized fluid systems…
Industry-Leading Safety Record Safety & performance critical to winning & retaining quality customers TRIR Rolling 12 Month TRIR / Head Count Headcount 000s 7 Headcount 3.0 6 Rolling 12 Month TRIR 2.5 5 Industry Average TRIR (5…
Customer Strategy & Proven Satisfaction Expanding & deepening relationships with top-tier customers Partnership model THE RESULT Joint commitment to Strong capitalization Proven execution Aligned focus on industry-leading…
Proven Execution of Strategic M&A Disciplined M&A focused on portfolio expansion & market opportunities Calmena Energy Services RockPile Energy Services April 2013 July 2017 Acquired wireline assets to expand service Added scale;…
Strategic RockPile Acquisition Strategic market consolidation delivers value & growth Accretive value Greater scale Strong fit Acquired 245,000 HHP for Increases scale with high- High-quality customer 1,000 per HHP1 quality…
Positioned for Continued Growth Ability to enhance profitability and execute accretive M&A drives future growth Harvest Profitability M&A and of Existing Fleet Organic Growth Harvest portfolio of fully-utilized Strong track…
Growth Across Key Financial Metrics Consistent, meaningful growth quarter-on-quarter since IPO Average Deployed Fleets Annualized Adj. Gross Profit per Fleet +67% +18% +26% 12 10.5 18.3 +43% 15.5 10 12.3 8 6.3…
Advancing Profitability per Fleet Proven ability to significantly grow our profitability Annualized Adj. Gross Profit per Fleet Mid / high Improvement in annualized adjusted GP per teens1 fleet driven by constructive supply and…
Conservative Balance Sheet Strong balance sheet combined with scalable business model June 30, RockPile Capital Discussion In millions 2017 ProForma Q2 2017 cash balance of 76mm; total Cash 75.6 75.6 liquidity of 198mm Provides…
Key Investment Takeaways Strategic Footprint Positioned Operational for Growth Excellence Strong Balance Sheet Keane Group Investor Presentation September 2017 19
APPENDIX Keane Group Investor Presentation September 2017 20
Key Financial Summary Three Months Ended Unaudited, amounts in mm, except for non-financial statistics June 30, 2017 March 31, 2017 December 31, 2016 Completions Services Average Deployed Hydraulic Fracturing Fleets 18.3 15.5…
Non-GAAP Reconciliation Adjusted EBITDA & Adjusted Gross Profit Three Months Ended June 30, 2017 Completions Other Corporate Total Net Income (loss) 16,218 (1,254) (26,862) (11,898) Interest expense, net 4,349 4,349 Income tax…
Non-GAAP Reconciliation Adjusted EBITDA & Adjusted Gross Profit Three Months Ended March 31, 2017 Completions Other Corporate Total Net Income (loss) (10,437) (1,483) (60,335) (72,255) Interest expense, net 40,361 40,361 Income tax…
Non-GAAP Reconciliation Adjusted EBITDA & Adjusted Gross Profit Three Months Ended December 31, 2016 Completions Other Corporate Total Net Income (loss) (15,610) (3,574) (19,348) (38,532) Interest expense, net 9,891 9,891 Income…
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