RPC, Inc. First Quarter 2019 Financial Overview April 26, 2019 Jim Landers Vice President Corporate Finance
Corporate Profile NYSE: RES. Publicly-traded since 1984 Recent Share Price (April 24, 2019) 10.60 Annual Dividend Yield 1.9% Market Capitalization 2.3 Billion Average Daily Volume (YTD) 1,680,000 Large Insider Ownership…
Why RPC Operational Focus and Tenured Management LongTerm Focus. 21Year 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…
Favorable Long-Term Track Record of Capital Stewardship Operating Cash Flow and Capital Expenditures, 2004 2018 600 500 400 MILLIONS 300 200 100 0 2004 2006 2008 2010 2012 2014 2016 2018 Oper. CF Capex, net…
Favorable Long-Term Track Record of Capital Stewardship (cont.) Dividends and Share Repurchases, 2004 2018 350 300 250 MILLIONS 200 150 100 50 0 2004 2006 2008 2010 2012 2014 2016 2018 Dividends Share Repurchases…
Return on Invested Capital * 50% RPC Peers ** 40% 30% 20% 10% 0% (10%) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 * Calculated using cash flow from operations and…
Geographic Presence Within U.S. Basins RPC Revenues and U.S. Well Completions By Basin 12 months ended 12.13.18 40% 35% RPC Rev. 2018 Well Completions 30% 25% 20% 15% 10% 5% 0% Permian Mid Con Rockies Bakken…
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…
Approximate Pressure Pumping Fleet Distribution 60% Pressure Pumping Fleet Distribution (HP) 50% First Quarter 2019 40% 30% 20% 10% 0% Permian * Haynesville / E. TX Eagle Ford Mid Continent Bakken * Includes two…
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 3/8 or greater in diameter for completion applications. Approximately 27 smaller units for workover. Adding 8 new 2 5/8 units in 2019. Projected to improve market share significantly in the large…
RPCs Near-Term Focus Profitable Market Share Growth in Pressure Pumping Pressure Pumping Fleet Additions Large Diameter Coiled Tubing Fleet Additions (Pictured above: New 2 5/8 coiled tubing unit, delivered in April 2019)…
Other Support Services Rental Tools Rents a variety of tools and products required during drilling or re-entering a well 2% market share Patterson Tubular Services Provides logistics, inspection, storage and maintenance…
Other Workover Services Nitrogen Used in a variety of oilfield applications and several non-oilfield industrial uses Snubbing / Hydraulic Workover Allows workover work to be performed on live wells Well Control Worldwide…
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 16 16
Appendix A RPC has used the nonGAAP 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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