Market Summary Ticker SOI Exchange New York Stock Exchange Share Price (1) 16.20 Diluted Shares Outstanding (1)(2) 47.5 million Market Capitalization 770 million (1) As of May 22, 2018. (2) Includes Class A and Class B…
Growth Driven by Secular Trends Solaris facilitates increased per well and ...Yet uniquely positioned to capitalize on an industry wide proppant consumption levels... oversupplied sand market Innovative logistics solutions that save…
Leading Independent Provider of Proppant Logistics Solutions Leading Well Site Storage and Delivery Systems Digitalizing the Supply Chain Drive supply chain efficiencies through real time, remote Marcellus / Utica monitoring of proppant…
Proppant Demand Continues to Increase New U.S. Horizontal Wells(1) Recovering commodity prices have driven increased drilling and completion activity 24.6 E&P operators have increasingly focused on using larger 19.4 amounts of…
Proppant Logistics are Complex and Prone to Bottlenecks Illustrative 20 Million lb. Solaris Data Proppant Flow Completion Requirements Description of Process Solution Proppant mined and stored in mine storage (silos 10,000 tons of…
Bringing Order to Chaos Issues with Traditional Offerings Inadequate on-site inventory and offloading Traditional Rolling capacity Sand Kings Storage Complicated operations and expansive well site footprint Opaque inventory…
Elegant Solution to a Complicated Problem High Capacity Throughput Simple, modern, fully-integrated control system High volume input and output capacity Mobile and flexible equipment Supply Chain Savings Well Site Savings…
Diverse, Blue Chip Operator and Pressure Pumper Customer Base Select Operator Customers Select Pressure Pumping Customers Solaris has a broad and growing customer mix 9
Increased Systems Deployed by 300% Since IPO i.e., Last Twelve Months Growing with Legacy and New Customers Since IPO, top 4 customers have added 125% more 35 35% of Fleet (39 systems) deployed to new customers since IPO systems…
Growth Across Legacy and New Basins Solaris Currently has 112 Systems Operating Across Seven Basins MARCELLUS / UTICA ROCKIES 5 1 3 0 SCOOP/STACK PERMIAN 16 3 58 EAGLE FORD BARNETT 22 25 0 1 9 HAYNESVILLE…
Solaris is Both the Trusted Solution and a Cheap Insurance Policy Solaris System Costs Relative to Total Well Cost Cost of Solaris system per well: 45,500 Metric Amount / Figure < less than 1% of total well cost Average Horizontal…
Kingfisher Facility Operating and Construction On- Track New High-Capacity Transload Facility Long-Term Contract with Leading STACK E&P Operator The first independent, high-speed, unit-train capable Seven-year agreement transload…
Kingfisher Facility Construction Progress 300 Acres Central to the STACK/SCOOP Plays 30,000 Tons of Storage Unit Train Loop Under Construction Rail-to-truck Service Provided Today 14
Digitalization of the Supply Chain PropView: Real-Time, Remotely Available Inventory Data PropView provides real-time inventory levels, both at the well site and remotely via any browser or Solaris App. 15
Digitalization of the Supply Chain PropView + Railtronix: Real-Time Inventory Data The Railtronix / PropView integration provides real-time visibility of proppant from source mine to well head 16
Continued Growth in Solaris Financial Performance Quarterly Revenue and Revenue Days ( in Millions) Q1 2018 Performance Commentary 36.0 1Q 2018 revenue and Adjusted EBITDA grew 43% and 44%, respectively, versus 4Q 2017 25.2 Growth…
Driven by Sustained Margins Over Cycles and Secular Growth 100% 32,000 30,692 System Rental and Service Gross Margin / Adjusted EBITDA Margin % 80% 75% 24,000 70% 65% 61% 58% 59% 60% Revenue Days 16,712 16,000…
Margins Driven By System Design and Protected by High Switching Cost High Switching Costs Relative to Savings from Margin Structure is Sustainable Potential Cheaper Solutions Low Personnel Requirement Risk of Switching is Material…
Drivers of Solaris Growth in 2018 and Beyond Leading well site storage and inventory management solution and continuing to grow, e.g., manufacturing 8 systems per month Kingfisher Phase One completion August 2018. Opportunities…
Appendix
EBITDA and Adjusted EBITDA Reconciliation Three months ended, Year ended ( in 000s) March 31, 2018 December 31, 2017 September 30, 2017 June 30, 2017 December 31, 2017 December 31, 2016 December 31, 2015 Net income (loss) 13,415 9,244…
System Rental and Service Gross Margin Reconciliation Three months ended Year ended ( in 000s) March 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 System rental and service Revenue: Proppant management system rental…
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