Jefferies 2018 Global Energy Conference November 27 and 28, 2018 RPC, Inc. 4th Quarter 2018 Overview and Update 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 (November 20, 2018) 13.89 Annual Dividend Yield 3.4% Market Capitalization 3.0 Billion Average Daily Volume (YTD) 1,816,000 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…
Third Quarter 2018 Financial Highlights Key Financial Results ( millions) Revenues: 440.0 Operating Profit: 54.6 Net Income: 50.0 EBITDA: 97.8 Q3 2018 Compared to Q2 2018 Revenues decreased by 6.0%. EBITDA decreased.by 17.9%…
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 826 million to shareholders in the form of dividends and share…
Return on Invested Capital * 50% RPC Peers ** 40% 30% 20% 10% 0% (10%) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 * Calculated using cash flow from operations and…
RPCs Near-Term Strategy Equipment Readiness Maintenance and Preventative Maintenance Ugrading Coiled Tubing and Snubbing Fleets. 8 8
Top Service Lines Service Line Revenue as a Percentage of Consolidated Revenues Three Months Ended September 30, 2018 2.9% Pressure Pumping 8.6% 3.2% Thru Tubing Solutions (Downhole Tools) 6.0% Coiled Tubing Rental Tools…
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 11 units of 2 in diameter for completion applications. Approximately 25 smaller units for workover. 6.0% of Q3 2018 Consolidated Revenues 12 12
Other Support Services Rental Tools Rents a variety of tools and products required during drilling or re-entering a well 3.2% of Q3 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 74 nitrogen units, approximately 3% of Q3 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 15 15
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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