Company Snapshot Ticker SOI (NYSE) IPO Date May 11, 2017 Market Cap 740 million Long-term Debt 0.0 million Gross Dividend Yield 2.5% 2019 Consensus EV/EBITDA 5.0x Multiple(2) 2019 Consensus FCF Yield(2) 8% Ownership (1)…
Solaris Delivers Innovative Products & Solutions and Comprehensive Services to the Industry Innovative Products & Solutions Comprehensive Services Mobile Proppant Field Services Management and Logistics Systems Mobile…
Solaris Has A Culture And History Of Innovation Number of Systems in Fleet Dec-2018 May-2018 First Q1-2017 Reconciling Key Events Chemical Oct-2015 Urethane Fill Solution Deployed Systems PropViewTM Pipe Extension WTI Price…
Diverse, Blue Chip Operator and Pressure Pumper Customer Base Select Operator Customers Select Pressure Pumping Customers Solaris has a broad and growing customer mix 5
Bringing Order to Chaos: Solaris Versus Traditional Technology Issues with Traditional Offerings Inadequate on-site inventory and offloading Traditional Rolling capacity Sand Kings Storage Complicated operations and expansive…
Elegant Solution to a Complicated Problem Simple, modern, fully-integrated and automated control High Capacity Throughput system High volume input and output capacity Mobile and flexible equipment Supply Chain Savings Well Site…
Well Logistics Complexity Driven by Volume Growth, Shift to In-Basin Sand and Other Factors Increasing Sand Intensity Levels Are Pervasive Recent Shift to In-Basin Sand Likely Continues MM Lbs MM Tons 14 120 140 total proppant (MM…
Proppant Logistics are Bottleneck Prone; In-Basin Sand Increases Need for Wellsite Inventory Buffer Illustrative Solaris Data Illustrative Proppant Flow 20 MM lb Completion Solution Proppant Flow 20 MM lb Completion 10,000 tons of…
Solaris Growth Driven by Overall Market Growth Combined with Technology Displacement Utilized Well Site Sand Storage Systems 2018 Average Utilization Variances Suggest by Technology Type(1) Technology/Service Differentiation…
A Key Value-Add to Customers is Service Quality and Uptime Performance 2018 Solaris-Caused Non-Productive Time Drivers of Performance and Differentiation System Design Service Quality 1.00% Multiple redundancies no Experienced staff of…
Solaris Patented System Design Two issued patents, three utility patent applications and two provisional patent application relating to Systems, services and other technologies Silo Loading and Delivery Process Aerial View of…
Digitalization of the Supply Chain Solaris Lens: Vendor to Blender Visibility Solaris Lens provides real-time inventory levels at every step of the last mile supply chain, with visibility both at the well site and remotely via any…
Continued Growth in Solaris Financial Performance Quarterly Revenue and Revenue Days ( in Millions) Quarterly Adjusted EBITDA and Margin ( in Millions) 36.5 34.9 56.7 57.3 30.0 47.2 36.0 21.9 25.2 15.2 4Q 17 1Q 18 2Q 18…
Driven by Sustained Margins Over Cycles and Secular Growth 80% 45,000 7 5% Sy stem Rental and Serv ice Gross Margin / Adjusted EBITDA Margin % 4 0,526 69% 40,000 70% 6 5% 63% 35,000 60% 58% 59 % 30,000 50% Rev enue…
Rental Business Model Reflects Low Portion of Total Well Cost, In-Line Margins and Utilization Variability Monthly System Revenue as % of Well Costs Summary Points on the Specialized Rental Model SOI Average 140K Specialized rental…
Bringing Order to ChaosAgain Solaris New Mobile Chemical Silo Systems Chemicals, acid, friction reducer, biocide, etc. stored in multiple totes and iso-containers today Replaced with 3 silos with inventory control and monitoring,…
Drivers of Solaris Growth in 2019 and Beyond Leading well site storage and inventory management solution with opportunities for further growth in legacy systems New product introductions, including chemical systems, Auto Level…
Appendix
EBITDA and Adjusted EBITDA Reconciliation T hree m onths ended, T welv e m onths ended Decem ber 31, ( in 0 0 0 s) Decem ber 31, 2018 Septem ber 30, 2018 June 30, 2018 March 31, 2018 2018 2017 2016 Net income (loss) 24,652 26,437 21…
System Rental and Service Gross Margin Reconciliation T hree m onths ended, T welv e m onths ended Decem ber 31, ( in 0 0 0 s) Decem ber 31, 2018 Septem ber 30, 2018 June 30, 2018 March 31, 2018 2018 2017 2016 Sy stem rental and…
Value Proposition to Customers: Trusted Solution and Low Cost Insurance Policy Solaris System…
Solaris Systems Have Trucking, Labor and Safety Advantages Comparison of Containerized vs Solaris Silo Technology Options Technology Boxes struggle to keep up Box A Box B Solaris Solaris with the pace of modern frac (2 smaller…
Well Site Overview 12 Pack Zipper Frac 14 14 4 11 12 1 2b 2a 5 7 3 1 6 8 9 2b 2d 2c 13 10 13 11 1 Water tanks 3 Hydration unit 9 Frac stack 2 Chemicals 4 Solaris Silo System 10 Data van 2a Acid/frac tanks 5 Blender…
Loading...
