Raymond James & Associates Institutional Investor Conference March 2018
Company Overview
Company Overview Leave nothing behind. Proven record of successfully introducing new technologies that drive completion and Innovation life-of-well optimization Differentiated technology platform supported by patent protection and…
Multistage Unlimited Completion 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…
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…
Tracer Diagnostics and Characterization
- Overview Leave nothing behind. Leading provider of chemical and radioactive tracers for well diagnostics and reservoir characterization Cost-effective and reliable service utilized by E&P companies to optimize completion designs…
How Customers Utilize Tracers Leave nothing behind. Our customers utilize our services to: Provide long-term qualitative stage-by-stage production information Evaluate well spacing projects, including horizontal spacing and…
Growth and Financial Execution
Q4 2017 and Full Year 2017 Update Leave nothing behind. Preliminary Q4 2017 Performance: Total revenue of 49.5 - 50.5 mm Canadian revenue of 29.1 - 29.6 mm; U.S. revenue of 19.8 - 20.3 mm; International revenue of 0.6 - 0.7 mm…
Preliminary 2018E Revenue Guidance Leave nothing behind. NCS expects consolidated revenue growth of 35% - 45% in 2018E as compared to 2017 Primarily driven by increases in U.S. revenue Expectation for sequential revenue growth in…
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 September 30, 2017 Year-to-Date By Geography Product and Service Mix International 6% Service 24% U.S.* 28% Canada 66% Product 76% 16 * U.S. Revenue…
High Margins with Free Cash Flow Leave nothing behind. Financial and operating model minimizes capital investment and maximizes free cash flow Revenue (MM) Gross Profit (MM) and % Margin 300 100% 220.0 201-202 90% 250 80% 64%…
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 Free Cash Flow Leave nothing behind. Proven record of successfully introducing new technologies that drive completion and Innovation life-of-well optimization Differentiated technology platform supported by…
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, Nine Months Ended September 30, ( in millions) 2013 2014 2015 2016 2016 2017 Net Income (Loss) 8.0 7.6 28.0 (17.9) (17.0) 5.1 Income Tax Expense (Benefit)…
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 Purchases of Property & Equipment (3.2) (12.8) (0.9)…
Loading...
