Acquisition of JP3 Maximizing Value of the Full Hydrocarbon Stream with Real-Time Data and Analytics May 18, 2020
Compelling Acquisition Rationale Adds high growth business with proven technology platform that supports digital transformation in the energy industry Clear runway into 1 billion addressable market with significant international…
Transaction Summary Transaction Details Equity purchase of 100% ownership of JP3 Measurement, LLC, from private investors Closed on Monday, May 18, 2020 25.0 million cash 11.5 million shares of Flotek stock1 5.0 million cash…
JP3 Platform Technology Providing Real-Time Data & Analytics to the Full Hydrocarbon Stream JP3 Leverages Cutting-Edge Optical Technology and Real-Time Data & Analytics Platforms to Maximize the Value of Oil, Natural Gas and Refined…
The Need for Real-Time Data in the Modern Age of Oil & Gas Digitalization One Technology Platform Wide Range of Applications Upstream Midstream Downstream Distribution Example: Example: Example: Example: Low-cost, real-time…
JP3 data solution overcomes limitations of traditional technologies JP3 Verax Edge Analyzers and Previous Technologies Viper Cloud Solutions Environmental risks due to extracting Environmental Zero emissions by design samples…
JP3: Differentiated Data Solutions Cost Benefits Accruing to Customers Factors Driving Rapid Industry Adoption Integrated Systems-based Approach Actionable Analytics Driving Increased Profitability Remote Access Reduces Monitoring…
High Value Proposition for Clients Has Driven Adoption of JP3 Data Platform Strong customer base of over 60 clients across all segments of the market and including many of the market leaders in the midstream and downstream spaces…
JP3: Significant Market Opportunity Total Addressable Market 1 Billion Annual Recurring Downstream Revenue 27% US Addressable Market 51% 22% Upstream Global Market Midstream Based on existing deployment of traditional equipment…
JP3 Announces Joint Data Service Solution with Phillips 66 to Reduce Transmix Generation Solution Yields 50% reduction in transmix Dramatic increase in annual profits per site Refined Fuels Joint Sales and Marketing Agreement By…
JP3: Double Digit Growth with Strong, Historical Margins JP3 Revenue by Segment 16,000,000 Revenue CAGR of 58% over 14,000,000 past four years with over sixty 12,000,000 oil and gas customers, transitioning from traditional…
Flotek + JP3: A Strong Future Together Positioned for accelerated growth JP3 provides significant full-stream value creation with recurring revenue growth model Flotek has liquidity to support and accelerate that growth Shared…
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