Barclays CEO Energy-Power Conference September 2020 1
KLXE Led by Experienced Energy-Focused Executive Team Previously served as COO of QES beginning at formation Theta II 25 years of industry experience Enterprises, Inc. Previously Managing Director Oilfield Services for Quintana…
Industry-Leading Provider of Asset-Light Oilfield Solutions On July 28th, KLX Energy Services Holdings, Inc. (KLXE) (NASDAQ: KLXE) and Quintana Energy Services Inc. (QES) (NYSE: QES) closed the previously announced an all-stock merger…
Compelling Strategic and Financial Benefits Creates a premier provider of production, completion and drilling solutions with a returns-driven strategy focused on asset-light services, low capex, free cash flow generation and ROIC…
Modern Equipment Fleet Supporting Diversified Revenue Base and Pull Through of Asset-Light PSLs Production and Completion Drilling Intervention PF 2019 Revenue 27% 51% 22% Combined Fleet Substantially Increases Scale Leading Suite…
Well-Positioned to Service Customers Across All Key U.S. Basins Rockies Bakken Shale Green River Basin Powder River Basin Utica Shale Marcellus DJ Basin Shale Piceance Basin Pro Forma Revenue by Basin Anadarko Shale Northeast…
Significant Value Creation Opportunity from Near-Term Cost Synergies Rationalization of KLXEs Wellington, Field Operations Florida Corporate Headquarters Reduction of duplicative public company costs Reduction of duplicative…
Combination Creates Leading U.S. Coiled Tubing and Wireline Services Provider U.S. Large-Diameter Coiled Tubing Fleet 94 24 23 14 13 13 12 11 11 11 10 7 4 Others + + U.S. Wireline Fleet 158 131 125 104 98 104 65 54 51 41…
High Quality and Broad Customer Base with Substantial Cross-Selling Opportunities Strong, long- standing Combined Customer Relationships relationships with Blue Chip customers across key U.S. basins and PSLs More than 1,000…
Strong Pro Forma Financial Position (dollar amounts in millions) 7/31/2020 Notes Cash 99 Maturity Not Until 2025 Senior Notes due 2025 250 ABL Facility - ABL Facility1 100 million Total Debt 250 Net Leverage2 Net Debt 152…
Platform for Ongoing Consolidation Well positioned to continue to lead the effort to Successful Integration Track Record consolidate the oilfield service industry Focus on continued consolidation of well- 2020 + capitalized…