2018 Q1 Earnings Presentation May 9, 2018 NYSE: PUMP www.propetroservices.com
DISCUSSION TOPICS n ProPetro at a Glance n Permian Basin Update n 2018 Q1 Highlights n 2018 Q1 Financial Review n Unique Positioning 3
OVERVIEW n 100% Frac Operations n Permian Focused Customers Permian Concentrated 905,000 HHP Spread over 20 Crews(1) n Over 8x Organic HHP Growth Since 2013(2) n Customer and Employee Focused Business Model 20 Hydraulic 18…
PERMIAN MACRO n Healthy Frac Demand Outpacing HHP Capacity Driven by E&P Acquisitions, Attractive Economics, and Completion Intensity n Strong Pricing for Services Driven by Rig Activity and Short Supply of HHP Capacity n Mature…
2018 Q1 FINANCIAL HIGHLIGHTS n Revenue: 385.2 MM n Adjusted EBITDA: 76.7 MM n Diluted Earnings Per Share (EPS): 0.42 n Conservative Leverage Profile(1) Cash: 46.4 MM Total Debt: 117.3 MM Total Liquidity: 146.4 MM (2) 2018 Q1…
HORSEPOWER GROWTH AND UTILIZATION n Modern Homogeneous Fleet 89% of current fleet built by single manufacturer since 2013 900,000 n 85% of Fleet Currently Works 24/7(1) 800,000 n Fully Maintained Through the Downturn 700,000 n…
UNIQUELY POSITIONED FOR SUCCESS n Permian Focus Positioned in the low cost basin n Blue Chip Customers Large drilling inventories and sizeable rig programs n Superior Performance Consistently outperforming the competition on location…
APPENDIX 10
ADJUSTED EBITDA RECONCILIATION 11
CONTACT Corporate Headquarters: 1706 S. Midkiff, Bldg. B Midland, TX 79701 432.688.0012 www.propetroservices.com Investor Relations: Sam Sledge sam.sledgepropetroservices.com Office Direct 432.253.5111 12