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1Q 2020 Earnings Presentation – Mammoth Energy Services Inc.

Mammoth Energy Services Inc. · May 20, 2020 · 15 slides

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Slides

  1. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 1
    1Q 2020 Earnings Presentation May 2020
  2. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 2
    1Q 2020 Financial Performance Highlights 1Q20 revenues of 97 million, net loss of 300 Revenue Adjusted EBITDA 84 million and adjusted EBITDA of 13 250 262 million(1) 26% of 1Q 2020 revenue from 200 Infrastructure Segment 150…
  3. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 3
    Diversified Portfolio of Infrastructure and Oil field Services Engineering Manufacturing Logistics Rental Equipment Aviation Services Design Evaluate Develop Construct Analyze Transmission Substation Distribution…
  4. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 4
    Mammoth Metamorphosis Past (pre-2017) Present Future Pure Oil Field Service Energy Service Industrial Company Pressure pumping Infrastructure Construction Infrastructure Construction Natural proppant Transmission construction…
  5. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 5
    Integrated Infrastructure Construction Services Field offices spread across the Midwest, Southern and Western portions of the U.S. Crews specializing in transmission, substation, C&I and distribution construction and maintenance 8…
  6. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 6
    Infrastructure Services High Quality Customer Base May 2020 6 Ownership in Brim Aviation is through a joint venture with Wexford Capital
  7. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 7
    Aviation Services Fleet of 8 light lift aircraft FAA 133, 135 and 137 certifications(1) allow for a wide 8 Light Lift Helicopters: range of aviation services including: 4 MD-600 Powerline construction Search and rescue 3 MD-902…
  8. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 8
    Logistics Leveraged extensive experience in the logistics industry to expand offerings and transition into a diversified transportation company. Utilize an asset light model including owned assets, owner operators and brokerage to…
  9. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 9
    Business Model Identify Opportunities Mammoth management has been successful at identifying growth opportunities Business lines are run independently but Hold Purchase at Management leverage synergies and customer Accountable…
  10. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 10
    Corporate Strategy ENTREPRENEURIAL CULTURE INVEST IN ATTRACTIVE OPPORTUNITIES GROWTH: QUALITY OVER QUANTITY EXECUTION IS CRITICAL May 2020 10
  11. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 11
    TUSK Well Positioned vs Peers Compelling value opportunity versus peers Trading at discount to peer group despite superior balance sheet and service diversification Market capitalization(1) of 52 million, enterprise value of 127…
  12. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 12
    2020 Capex Budget 2020 Major Projects Upgrading pressure pumping fleets to Dynamic Gas Blending (DGB) Organically grow the continental U.S. infrastructure business, ultimately dependent on contract coverage 8 Expand rental…
  13. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 13
    Oil Field Services Fully integrated Oil Field Service offering High Quality Customer Base Six high pressure pumping fleets (50,000 Hhp each) Two high quality Northern White sand mines Total processing capacity of 4.4 Mmtpa Best in…
  14. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 14
    Adjusted EBITDA Reconciliation Three Months Three Months Reconciliation of Adjusted EBITDA to net (loss) Ended Ended income (000s) March 31, 2020 March 31, 2019 Net (Loss) Income (83,971) 28,333 Depreciation, Depletion, Accretion…
  15. 1Q 2020 Earnings Presentation – Mammoth Energy Services Inc. – slide 15
    Company Headquarters 14201 Caliber Drive, Suite 300 Oklahoma City, OK 73134 405-608-6007 investorsmammothenergy.com May 2020 15

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