Company Overview Leave nothing behind. History of Proven record of successfully introducing new technologies that drive completion and Innovation life-of-well optimization Extensive operational track record in major unconventional…
Technology Driving Profitable Growth Leave nothing behind. Proprietary and differentiated completion technologies that are highly valued by our customers Growing revenue through further market penetration, increasing completions…
Multistage Unlimited Technology
Why Pinpoint Stimulation Matters Leave nothing behind. Pinpoint stimulation enables more predictable, repeatable, and verifiable completions that maximize reservoir connectivity, as compared to other completion methods Other…
The Multistage Unlimited System Leave nothing behind. Casing-Installed Frac Sleeve (open) Frac ports Outer barrel Sliding inner barrel Downhole Frac-Isolation Assembly on Coiled Tubing Multi-set Sleeve Gauges bridge plug…
Optimizing Completions with Downhole Data Leave nothing behind. Multistage Unlimited offers two sources of data Detailed Stage-Level Analysis for optimizing completions that are unavailable with traditional completion methods Coiled…
MultiCycle Sleeve Technology Leave nothing behind. MultiCycle sleeves provide flexibility during the initial completion and enable wellbore management options during production Sleeves can be opened and closed multiple times during…
Trusted Advisor for Pinpoint Completions Leave nothing behind. NCS serves as a trusted advisor and a proven leader in pinpoint stimulation, working with customers around the world to help optimize completions Trusted Advisor…
Spectrum Tracer Services
Spectrum Tracer Services Overview Leave nothing behind. Spectrum is a leading provider of chemical and radioactive tracer diagnostic services Cost-effective and reliable diagnostics tool utilized by E&P companies to optimize…
How Customers Utilize Tracer Diagnostics Leave nothing behind. Spectrums customers utilize tracer diagnostic services to: Provide long-term qualitative stage-by-stage production Determine if stimulation from one well is…
NCS, Spectrum and ATRS Vision NCS, Spectrum and ATRS Vision Leave nothing behind. NCS + ATRS: ATRS + Spectrum: Rate Transient Analysis NCS + Greater integration of to accelerate ATRS tracer-related production evaluation…
Growth and Financial Execution
Executing Our Growth Plan Leave nothing behind. The Vision: Serve as a trusted advisor to our customers, providing technology and services that enable them to optimize well completions and field development strategies Overall Strategy…
Impact of Completion Intensity Leave nothing behind. NCS benefits from increased completions intensity, as changes in sleeve sales have outpaced changes in completed well count NCS Wells Completed NCS Sliding Sleeves Sold 1,807…
Revenue Profile Leave nothing behind. Revenue Contribution 1H 2017 International Geography 7% Product vs. Service Service 21% U.S.* 32% Canada 61% Product 79% AirLock & Other Product / Service Type 12%…
High Margins with Free Cash Flow Leave nothing behind. Financial and operating model minimizes capital investment, maximizes free cash flow Revenue (MM) Gross Profit (MM) and % Margin 220.0 300 100% 90% 250 80% 64% 62% 200 70%…
Attractive Financial Profile vs. Public Peers Leave nothing behind. Average Adjusted EBITDA Margin (20132016)* 32% Peer Average = 17% 29% 20% 18% 14% 12% 9% NCSM CLB SBO OIS CEU FET HTG Average Net CapEx as % of…
Technology Driving Profitable Growth Leave nothing behind. Proprietary and differentiated completion technologies that are highly valued by our customers Growing revenue through further market penetration, increasing completions…
Appendix
Everything starts with The Promise Leave nothing behind. We will invest in our employees, our most important resource, by providing coaching and training that enables them to learn and grow to their full potential. Together, we will…
Completion Cost Comparison Leave nothing behind. Pinpoint completions can be cost-neutral to or less expensive than plug-and-perf Cost Impacts vs Plug-and-Perf NCS Sleeves and Service ++ Coiled Tubing + Coil used during fracturing…
Adjusted EBITDA Reconciliation Leave nothing behind. Year Ended December 31, Six Months Ended June 30, ( in millions) 2013 2014 2015 2016 2016 2017 Net Income (Loss) 8.0 7.6 28.0 (17.9) (16.7) 1.6 Income Tax Expense (Benefit) 11.5…
Free Cash Flow* Reconciliation Leave nothing behind. Year Ended December 31, ( in millions) 2013 2014 2015 2016 Net Cash Provided by Operating Activities 16.3 51.5 4.4 10.7 Net Cash (Used In) Investing Activities (5.9) (12.9) (1.2)…