RPC, Inc. Corporate Overview September 5, 2018 Barclays CEO Energy-Power Conference Clint Walker Exec. VP and GM, Cudd Energy Services Jim Landers Vice President, Corporate Finance
Corporate Profile NYSE: RES. Publicly-traded since 1984 Recent Share Price (August 24, 2018) 13.68 Annual Dividend Yield 2.9% Market Capitalization 2.9 Billion Average Daily Volume (YTD) 1,863,000 Large Insider Ownership…
Why RPC Operational Focus and Tenured Management Long-Term Focus. Revenue and Net Income Compounded Growth Rates of 13% Proven ability to manage through the oilfield cycles and allocate capital Strong presence in the Permian Basin…
Second Quarter 2018 Financial Highlights Key Financial Results ( millions) Revenues: 467.9 Operating Profit: 75.0 Net Income: 59.9 EBITDA: 119.2 Operational Highlights: Received final deliveries of new pressure pumping equipment.…
Responsible Stewardship of Cash Between the Beginning of 2006 and the end of Q3 2015, RPC borrowed as much as 225 million. RPC has repaid that entire amount, returned 804 million to shareholders in the form of dividends and share…
RPCs Near-Term Strategy Enhancing Operational Efficiency Maintenance and Preventative Maintenance Recruiting and Retention Re-purposing of older pressure pumping equipment to vertical and pump- down services 7 7
Top Service Lines Service Line Revenue as a Percentage of Consolidated Revenues Three Months Ended June 30, 2018 P ressure P umping 57.5% Thru Tubing So lutio ns (Do wnho le To o ls) Co iled Tubing Rental To o ls 23.0%…
Pressure Pumping Well-maintained, high quality fleet concentrated in service-intensive oilfield basins Fleet assessment process has efficiently refined maintenance procedures Demonstrated ability to operate efficiently and…
ThruTubing Solutions ThruTubing Solutions (Downhole tools and motors) provides services used in unconventional completion operations Specializes in accomplishing multi-stage completions in unconventional wells. Significant…
Coiled Tubing 49 units used to enter new and existing wells to perform a variety of services. Approximately 26 are 2 in diameter. Used in completion and workover 4 U.S. competitor with 9% market share 11 11
Other Support Services Rental Tools Rents a variety of tools and products required during drilling or re-entering a well 2.7% of Q2 2018 revenues 2% market share Patterson Tubular Services Provides logistics, inspection,…
Other Workover Services Nitrogen Used in a variety of oilfield applications and several non-oilfield industrial uses 68 nitrogen units, approximately 3% of Q2 2018 revenues Snubbing / Hydraulic Workover Allows workover work to…
Contact Us Operational Headquarters: The Woodlands, Texas (above) Corporate Headquarters: irdeptrpc.net 2801 Buford Highway NE, Suite 520 Atlanta, GA 30329 www.rpc.net (404) 321-2140 14 14
Appendix A RPC has used the non-GAAP financial measure of Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) in these discussion materials. EBITDA should not be considered in isolation or as a substitute for…
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