Company Overview Leave nothing behind. Proven record of successfully introducing new technologies that drive completion and Innovation life-of-well optimization Differentiated technology platform supported by patent protection and…
Fracturing Systems Pinpoint Stimulation Leave nothing behind. Pinpoint stimulation enables more predictable, repeatable, and verifiable completions that maximize reservoir connectivity, as compared to other completion methods Other…
Tracer Diagnostics Leave nothing behind. Leading provider of chemical and radioactive tracers for well diagnostics and reservoir characterization Cost-effective and reliable service utilized by E&P companies to optimize completion…
How Customers Utilize Tracers Leave nothing behind. Our customers utilize our services to: Evaluate well spacing projects, including horizontal spacing and vertical spacing in formations with stacked pay characteristics Provide…
Well Construction Leave nothing behind. Complementary technologies to support casing and liner installation and for initial formation access AirLock casing buoyancy system Liner hangers Pressure activated toe sleeves 9…
Repeat Precision Joint Venture Leave nothing behind. Supply chain partner for NCS Commercialized Purple Seal composite frac plug in 2017 4.5, 5.5 and 6.0 specifications All composite, hybrid and dual-cast designs Purple Seal…
Growth and Financial Execution
Q4 2018 and Full Year 2018 Update* Leave nothing behind. Preliminary Q4 2018 Performance: Total revenue of 49.7 - 50.7 million U.S. revenue of 27.3 - 27.7 million Canadian revenue of 19.1 - 19.4 million International revenue of…
Revenue Profile Leave nothing behind. Higher revenue contributions from U.S. and international balancing geographic mix over time Revenue Contribution LTM September 30, 2018 By Geography Product and Service Mix International…
High Margins with Free Cash Flow Leave nothing behind. Financial and operating model minimizes capital investment and maximizes free cash flow Revenue (million) Gross Profit (million) and % Margin 220.0 226.0-227.0 300 100% 201.6…
Attractive Financial Profile vs. Public Peers Leave nothing behind. Average Adjusted EBITDA Margin (20132017)* Peer Average = 20% 32% 29% 27% 19% 15% 15% 15% NCSM CLB SBO OIS FET CEU HTG Average Net CapEx as % of…
Technology Driving Free Cash Flow Leave nothing behind. Proven record of successfully introducing new technologies that drive completion and Innovation life-of-well optimization Differentiated technology platform supported by…
Appendix
Everything starts with The Promise Leave nothing behind. We will invest in our employees, our most important resource, by providing coaching and training that enables them to learn and grow to their full potential. Together, we will…
Completion Cost Comparison Leave nothing behind. Pinpoint completions can be cost-neutral to, or less expensive than, plug-and-perf Cost Impacts vs Plug-and-Perf NCS Sleeves and Service ++ Coiled Tubing + Coil used during fracturing…
Adjusted EBITDA Reconciliation Leave nothing behind. Year Ended December 31, Three Months Ended September 30, Nine Months Ended September 30, ( in millions) 2013 2014 2015 2016 2017 2017 2018 2017 2018 Net Income (Loss) 8.0 7.6 28.0…
Free Cash Flow Reconciliation Leave nothing behind. Year Ended December 31, ( in millions) 2013 2014 2015 2016 2017 Net Cash Provided by Operating Activities 16.3 51.5 4.4 10.7 16.1 Purchases of Property & Equipment (3.2) (12.8)…