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August 2019 Investor Update – NCS Multistage

NCS Multistage · Aug 7, 2019 · 22 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. August 2019 Investor Update – NCS Multistage – slide 1
    Investor Update August 2019
  2. August 2019 Investor Update – NCS Multistage – slide 2
    Company and Technology Overview
  3. August 2019 Investor Update – NCS Multistage – slide 3
    Company Overview Leave nothing behind. Proven record of successfully introducing new technologies that drive completion and life-of- Innovation well optimization Technology Differentiated technology platform supported by patent…
  4. August 2019 Investor Update – NCS Multistage – slide 4
    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…
  5. August 2019 Investor Update – NCS Multistage – slide 5
    Fracturing Systems Pinpoint Stimulation Leave nothing behind. Casing-Installed Frac Sleeve (open) Frac ports Outer barrel Sliding inner barrel Downhole Frac-Isolation Assembly on Coiled Tubing Multi-set Sleeve Gauges bridge…
  6. August 2019 Investor Update – NCS Multistage – slide 6
    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…
  7. August 2019 Investor Update – NCS Multistage – slide 7
    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…
  8. August 2019 Investor Update – NCS Multistage – slide 8
    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…
  9. August 2019 Investor Update – NCS Multistage – slide 9
    Secondary Recovery and EOR Solutions Leave nothing behind. Solutions to facilitate secondary recovery and EOR utilizing multistage horizontal wells Secondary recovery and EOR can help customers reduce corporate decline rates and…
  10. August 2019 Investor Update – NCS Multistage – slide 10
    Repeat Precision Joint Venture Leave nothing behind. Commercialized PurpleSeal composite frac plug in 2017 4.5, 5.5 and 6.0 specifications All composite, hybrid and dual-cast frac plug designs and hybrid bridge plug PurpleSeal…
  11. August 2019 Investor Update – NCS Multistage – slide 11
    Expanded Addressable Market Leave nothing behind. NCS has expanded its addressable market and diversified its business through organic sales and new product development, the Repeat Precision joint venture and the Spectrum…
  12. August 2019 Investor Update – NCS Multistage – slide 12
    Growth and Financial Execution
  13. August 2019 Investor Update – NCS Multistage – slide 13
    Q2 2019 Results Leave nothing behind. Total revenue of 39.8 million U.S. revenue of 26.7 million; Canadian revenue of 11.5 million; International revenue of 1.5 million Cost of sales, excluding D&A, of 23.1 million S,G&A of 22.9…
  14. August 2019 Investor Update – NCS Multistage – slide 14
    Revenue Profile Leave nothing behind. Revenue Contribution LTM June 30, 2019 By Geography Product and Service Mix International 7% Service 29% Canada 41% U.S. 52% Product 71% 15
  15. August 2019 Investor Update – NCS Multistage – slide 15
    Evolving Geographic Mix Leave nothing behind. U.S. and international markets represented nearly 60% of total revenue over the last 12 months, up from under 30% in 2016 2016 - 98 mm Revenue LTM June 30, 2019 - 206 mm 6% 7%…
  16. August 2019 Investor Update – NCS Multistage – slide 16
    High Margins with Free Cash Flow Leave nothing behind. Financial and operating model minimizes capital investment and maximizes free cash flow 300 100% 90% Revenue (million) 227.0 Gross 250 Profit (million) and % Margin 220.0…
  17. August 2019 Investor Update – NCS Multistage – slide 17
    Strong Balance Sheet Leave nothing behind. Our strong balance sheet provides significant financial flexibility in millions 6/30/2019 Cash and Cash Equivalents 12.2 Total Debt 19.5 Total Stockholders Equity 136.7 Non-Controlling…
  18. August 2019 Investor Update – NCS Multistage – slide 18
    Technology Driving Free Cash Flow Leave nothing behind. Proven record of successfully introducing new technologies that drive completion and life-of- Innovation well optimization Technology Differentiated technology platform…
  19. August 2019 Investor Update – NCS Multistage – slide 19
    Appendix
  20. August 2019 Investor Update – NCS Multistage – slide 20
    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…
  21. August 2019 Investor Update – NCS Multistage – slide 21
    Adjusted EBITDA Reconciliation Leave nothing behind. Year Ended December 31, Three Months Ended June 30, Six Months Ended June 30, ( in millions) 2014 2015 2016 2017 2018 2018 2019 2018 2019 Net Income (Loss) 7.6 28.0 (17.9) 1.3…
  22. August 2019 Investor Update – NCS Multistage – slide 22
    Free Cash Flow Reconciliation Leave nothing behind. Year Ended Three Months Ended Mar 31, Six Months Ended June 30, ( in millions) 2014 2015 2016 2017 2018 2018 2019 2018 2019 Net Cash Provided by Operating Activities 51.5 4.4 10.7…

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