CEO Energy - Power Conference New York September 4, 2019 Jim Landers Vice President Corporate Finance
Corporate Profile NYSE: RES. Publicly-traded since 1984 Recent Share Price (August 23, 2019) 5.31 Annual Dividends Since 1997 Market Capitalization 1.1 Billion Average Daily Volume (YTD) 2,157,000 Large Insider Ownership…
RPCs Profile Operational Focus and Tenured Management Long-Term Focus. Proven ability to manage through the oilfield cycles and allocate capital Strong presence in the Permian Basin Services that are leveraged to service-intensive…
RPCs Near-Term Focus Alignment of Cost Structure to Current and Expected Activity Levels Upgrading of Pressure Pumping Fleet: Integration of additional 100,000 HP high-capacity pumps Retirement / Re-purposing of older pressure…
Increasing Service Provider Efficiency is Exacerbating Oversupply 200% Estimated Permian Basin drilling, completion levels and Pressure Pumping Fleet Statistics * Percentage Comparison to Q4 2018 180% 160% 140% 120% 100%…
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 average invested…
Geographic Presence Within U.S. Basins 40% 35% RPC Revenues and U.S. Well Completions By Basin 6 months ended 06.30.19 30% RPC Rev. YTD Q2 19 Well Completions 25% 20% 15% 10% 5% 0% Permian Mid Con Rockies Bakken Eagle…
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 (Pictured below: A new 2 5/8 coiled tubing unit being readied for service) 11 units of 2 3/8 or greater in diameter for completion applications. Approximately 27 smaller units for workover. Adding 6 new 2 5/8…
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 300 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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