Overview of NexTiers Leadership Position Taking todays oilfield to the NexTier Our Position L48 Geographic 2 1 1 Overview Leadership % of total revenue2 U.S. land completion Wireline plug & Dual-Fuel NG position in all services…
Taking Todays Oilfield to the NexTier The evolving oilfield demands innovative service providers Fortified Completions leadership position; 2 frac provider Position Strong balance sheet = staying power & flexibility Digitally Lower…
Fortified Balance Sheet Strong and flexible financial position provides staying power Capital priorities focused on cash preservation until visibility improves 430mm 337mm cash NexTier Offering Liquidity1 93mm ABL availability…
Focused Digital Strategy The digital oilfield of tomorrow, realized today NexTiers Digital Lower cash costs Reduce costs per Objectives: of our operations barrel for customers Built for: scale, wellsite scope enhancement &…
NexHub Delivering Returns Automation & data science lowers operating cost & optimizes capital expenditures 66% 32% 99.9% Reduction in Frac NPT reduction per Inventory and billing OPERATIONS engineers/fleet fleet1 accuracy 124%…
Leading Market Readiness Protecting & preserving HHP capacity for readiness & future growth Staying power & platform readiness provides for differentiated value creation in market recovery PROTECT KEY COMPONENTS Creating long-term…
Carbon Reducing Technologies that Lower Operating Cost Holistic emissions reduction platform with significant results 1 Low emission dynamic Up to 80% Exceeding peers by an Dual-Fuel NG average of 20% due to gas blending…
Significant Earnings Power NEX currently valued at 0.7x normalized earnings potential NEX 2019 Normalized Adjusted EBITDA (mm) NEX Discount vs. Peers EV1 / ADJ. EBITDA 0.7x EV1 / Adj. EBITDA (2019)3 MM 0.8x 125 504 2.6x 446…
Attractively Valued vs. Peers Discount per HHP valuation to peers despite superior platform & position EV / Total HHP (/HHP) 589 NEX EV/HHP 50% Discount to Peers Despite 515 Peer EV/HHP Peer Average Robust liquidity + zero…
Market Update Focused on people, market readiness & balance sheet 2H 2020 Outlook Asset preservation program driving speed-to-deploy at attractive cost High success rate in bringing back furloughed workers Activity steadily…
Key Takeaways Taking todays oilfield to the NexTier Relentless focus on evolution & enhancement of our digital program Leader in sustainable development & overall wellsite emission reduction Emerging from the downturn in a…
APPENDIX NexTier Completion Solutions Inc. 2019
Non-GAAP Reconciliations UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2019 (amounts in thousands, except per share amounts) Adjustments NexTier (1) Historical C&J (2) Reclass (3)…
Non-GAAP Reconciliations UNAUDITED PRO FORMA NON-GAAP FINANCIAL MEASURES (amounts in thousands) Year Ended December 31, NEX Enterprise Value: 2019 Closing NEX stock price 9/24/2020 1.71 Pro forma net loss (1) (196,577) NEX Fully…
Non-GAAP Reconciliations UNAUDITED PRO FORMA NON-GAAP FINANCIAL MEASURES (amounts in thousands) Year Ended December 31, 2019 Completion Well Support WC&I Total Services Services Pro forma revenue(1) 293,430 385,989 3,406,288…
Investor Contacts: Kenny Pucheu Chief Financial Officer Marc Silverberg Managing Director (ICR) marc.silverbergicrinc.com NexTier Completion Solutions Inc. 2019 NexTier Completion Solutions Inc. 2019
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