KLX Energy Services KLXE NASDAQ Non-Deal Road Show September 25 - 27
KLX Energy Services - A New Publicly Traded Company FY2018E Exchange: NASDAQ Revenues: 500MM, Up 55% Y-O-Y Ticker: KLXE Adj. EBITDA: 110MM, Up +300% Y-O-Y 1 Scalable platform, well-positioned to participate in sector…
Management Overview Amin Khoury Tom McCaffrey Gary Roberts Chairman, Chief Executive Officer Senior Vice President and Chief Vice President and General Manager Financial Officer Founded B/E Aerospace in 1987 President and COO of…
Board of Directors 8 highly-qualified directors, of which 7 are independent, bringing with them diverse knowledge and expertise Amin J. Khoury Founded B/E Aerospace in 1987 Chairman & CEO Chairman of B/E Aerospace since 1987 and CEO…
Compensation Systems Aligned with Shareholders Executive leadership and board member compensation comprised of restricted stock Short term and long term incentive compensation for other managers based on operating earnings,…
Building Businesses: Long History of Successful Strategic Acquisitions and Integrations Leading to Superior Value Creation Executive Management of KLX Energy Services has a proven track record of building industry-leading businesses…
Key Investment Highlights Attractive Long-Term Financial Growth Prospects with Superior Growth Rate, Margin Profile and 1 Return on Investment 2 Strong Footprint in Key Energy Producing Geographies Totally Integrated, Metrics…
Best-in-Class Trajectory Year-on-Year Growth and Margin Liquidity and Capital Structure 2017A 2018E Revenue Growth 2017A 2018E EBITDA Growth FY Q2 2018A EBITDA Margin Median = 24.5% Median = 12.5% 317% Median = 108.8% 56.0% 48.9%…
KLX Energy Services at a Glance Business Overview Revenue Breakdown by Leading provider of completion, intervention and Region production services and products in the major onshore oil and gas producing regions of the United States…
Broad Range of KLX Services and Certified Specialized Equipment Create Competitive Advantage Completion Intervention Production (52% of Q218 revenues) (25% of Q218 revenues) (23% of Q218 revenues) Pump Down Wireline Services Fishing…
Actively Managed KLXE Through the Cycle and Now Ideally Positioned to Fully Benefit from Recovery 2015 2013 - 2014 2016 - 2018 Oil and Gas Prices KLXE Founded Positioned for Growth Collapse Expansion into the energy services…
Acquisitions Have Been Fully Integrated, Driving Efficiencies Across the Business The seven acquired companies have been completely integrated One operational control system, with company-wide KPIs to drive business performance…
Strong Footprint in Key Energy Producing Regions Full product and service offering focused on well completion, intervention and production with a presence in major North American onshore energy producing shale basins Q218…
Southwest Region Region Overview Top Clients Generated 35% of Q2 2018 revenues Comprised of Permian Basin and Eagle Ford Shale High quality, state of the art assets Client focus aligned toward high growth Data driven focus…
Rocky Mountains Region Region Overview Top Clients Generated 40% of Q2 2018 revenues Comprised of the Bakken formation, Williston, DJ, Uinta and Piceance Basins and Niobrara Shale Strong brand recognition Leading market…
Northeast Region Region Overview Top Clients Generated 25% of 2018 revenues Comprised of the Marcellus and Utica shales as well as the Mid- Continent STACK and SCOOP and Haynesville Strong brand recognition High barriers to…
Differentiated Technical Experience and Aptitude Creates Competitive Advantages Next level readiness brought to every project driven by dedicated 24 / 7 experienced field professionals Experienced operating management team (averaging…
In-House R&D Capability Supports Continuous Improvement by Aligning New Tools with Field Engineers Requirements Next Generation Products Market Monitoring Minimize non- productive time and Applications Group maximize…
Disciplined Approach to Capital Deployment to Drive Growth and a Solid Balance Sheet Financial FY 2018 forecasted revenues and Adj. EBITDA are expected to increase approximately 50% and approximately 300% to approximately 500…
Key Elements of KLXE Business Strategy 1 Capitalize on the Large, Highly Fragmented and Rapidly Growing Energy Technical Services Market Increase Penetration of Services and Product Line Offerings within each Geographic 2…
Non-GAAP Free Cash Flow Reconciliation KLX Energy Services FY 2018E (In millions) 2018 Outlook (Approximate Amounts) Net cash flows provided by operating activities 85 Capital expenditures (68) Free cash flow 17 22
Income Tax Attributes Upon the spin, KLX Energy will have approximately 386 million of tax deductible goodwill that will be utilized to reduce the cash taxes owed by the Company The tax goodwill will provide a tax deduction of…
KLXE: Safe Harbor Statement These materials contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements…
KLX Energy Services KLXE NASDAQ Non-Deal Road Show Deck September 25 - 27
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