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November 2019 Investor Update – NCS Multistage

NCS Multistage · Nov 6, 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. November 2019 Investor Update – NCS Multistage – slide 1
    Investor Update November 2019
  2. November 2019 Investor Update – NCS Multistage – slide 2
    Company and Technology Overview
  3. November 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. November 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. November 2019 Investor Update – NCS Multistage – slide 5
    Fracturing Systems Pinpoint Stimulation Leave nothing behind. InnovusTM Casing-Installed MultiCycle Frac Sleeve Frac ports Outer barrel Sliding inner barrel Locator profile InnovusTM Downhole Frac-Isolation Assembly on Coiled…
  6. November 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. November 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. November 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 VectrasetTM Liner hanger assembly Pressure-activated toe…
  9. November 2019 Investor Update – NCS Multistage – slide 9
    Secondary Recovery and EOR Solutions Leave nothing behind. Solutions to facilitate secondary recovery and EOR in multistage horizontal wells Secondary recovery and EOR can help customers reduce corporate decline rates and maximize…
  10. November 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. November 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. November 2019 Investor Update – NCS Multistage – slide 12
    Growth and Financial Execution
  13. November 2019 Investor Update – NCS Multistage – slide 13
    Q3 2019 Results Leave nothing behind. Total revenue of 60.8 million U.S. revenue of 28.6 million; Canadian revenue of 26.1 million; International revenue of 6.1 million Cost of sales, excluding D&A, of 32.2 million S,G&A of 20.4…
  14. November 2019 Investor Update – NCS Multistage – slide 14
    Revenue Profile Leave nothing behind. Revenue Contribution LTM September 30, 2019 By Geography Product and Service Mix International 7% Service 29% Canada 40% U.S. 53% Product 71% 15
  15. November 2019 Investor Update – NCS Multistage – slide 15
    Evolving Geographic Mix Leave nothing behind. U.S. and international markets represented 60% of total revenue over the last 12 months, up from under 30% in 2016 2016 Revenue - 98 mm LTM Revenue September, 30, 2019 - 204 mm 6%…
  16. November 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% Revenue (million) Gross Profit (million) and % Margin 90% 220.0 227.0 250 80%…
  17. November 2019 Investor Update – NCS Multistage – slide 17
    Strong Balance Sheet Leave nothing behind. Our strong balance sheet provides significant financial flexibility in millions 9/30/2019 Cash and Cash Equivalents 4.5 Total Debt 16.3 Total Stockholders Equity 142.5 Non-Controlling…
  18. November 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. November 2019 Investor Update – NCS Multistage – slide 19
    Appendix
  20. November 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. November 2019 Investor Update – NCS Multistage – slide 21
    Adjusted EBITDA Reconciliation Leave nothing behind. Year Ended December 31, Three Months Ended September 30, Nine Months Ended September 30, ( in millions) 2014 2015 2016 2017 2018 2018 2019 2018 2019 Net Income (Loss) 7.6 28.0…
  22. November 2019 Investor Update – NCS Multistage – slide 22
    Free Cash Flow Reconciliation Leave nothing behind. Year Ended Three Months Ended September 30, Nine Months Ended September 30, ( in millions) 2014 2015 2016 2017 2018 2018 2019 2018 2019 Net Cash Provided by Operating Activities…

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