Advanced Products for an Evolving Market Expert in tubular handling, make-up & measurement Developing p g advanced p products to meet customer needs in an evolving market Expanding p ggglobally y to optimize p customer…
Market Driver: Deeper, Longer Wells Millions of Feet 800 200 International Footage U S Footage U.S. 700 180 160 PREMIUM 600 CONNECTIONS 140 0 500 120 400 100 80 300 Deeper 60 Horizontal 200 40 High Pressure 100 20 High…
Market Driver: International Drilling Number of Rigs Number of Wells 2500 60,000 50,000 2000 40,000 1500 30,000 1000 20,000 500 10,000 0 0 US Total Rigs Intl Total Rigs US Total Wells Intl Total Wells…
The Oil Country Tubular Goods (OCTG) Market OCTG Market (Mt) & Premium Demand 18 Premium and Semi-premium API 16 14 12 38% 10 35% 8 25% 6 4 75% 65% 62% 2 0 2007 2012 2018 Adapted from Vallourec Investor Presentation,…
Global Clients Service Companies Rig Manufacturers Contract Co t act Drillers es Tubular ubu a and a d Threading ead g Manufacturers 7
Global Expansion Sales & Service Center Corporate Head Office Replacement parts Consumables Sales & Service Center Service Replacement parts Sales Consumables Service Sales Manufacturing New Product Development Replacement…
Technically Advanced Tubular Products winCATT weCATTTM Torque Sub 1000th unit sold in 2013 Tubular torques, turns and hook Tubular torque, turn and loads data recording from the rotational speed monitoring top drive; commercialized…
Software Technologies weCATT CATTTM Tubular torques, turns and hook loads data recording from the top drive winCATT Real-time tubular connection monitoring and control software for the weCATT, tongs and bucking units…
Growth Strategy Develop advanced tubular make-up technologies Expand global presence Support customers throughout equipment lifecycle Evaluate acquisition opportunities 11
Organic Growth: Advanced Tubular Make-Up Technologies weCATTTM weVERIFYTM weTORQTM85 torque sub remote calibration tool Roughneck ((commercialized)) ((commercialized)) ((commercialized)) extremely mobile and remote calibration of…
Organic Growth: Global Expansion Sales & Service Center Sales & Service Center Optimizing customer support throughout their equipment lifecycle Consumables, replacement parts & service 13
Full Aftermarket Participation CAPITAL EQUIPMENT SALES GROWING LIFECYCLE SALES Consumables Replacement parts Service 14
Growth via Strategic Acquisition Handling Tools Tubular running Links, slips, manual tongs, Controls and data bushings, elevators, spiders STRONG BALANCE SHEET Equipment and Tubular Handling Accessories 10.5 million net…
Financial Overview and Performance
Year Over Year Revenue Growth 2013 Geographic Revenue (based on invoiced customers location) CAN Revenue (millions) 4% Intl. 38% 110.2 101.8 U.S. 58% 72.0 Managements Estimates (based on likely product destination) CAN…
Quarterly Results millions Three months ended ( (except t % and d per share h amounts) t ) 3/31/2014 3/31/2013 Revenue 27.2 27.3 Gross profit 11.4 9.7 as % of revenue 42 36 Net earnings 2.5 2.1 per basic share 0.09 0.08…
Backlog* 44.8 44.5 Strong market fundamentals 39.1 38.5 Demand for advanced tubular products Geographic diversification Bucking unit demand *The Corporation *Th C ti d fi defines b kl backlog as work k that th t has…
Investing in McCoy Growing global presence Targeting g g full aftermarket p participation p Developing advanced tubular products to meet customer needs Positive long-term offshore and land market fundamentals Near-record…
Head Office: Edmonton, AB Canada ((780)) 453-8451 infomccoyglobal.com www.mccoyglobal.com TSX:MCB, OTCQX:MCCRF
Additional Information
Executive Team and Board of Directors EXECUTIVE TEAM Jim Rakievich, ICD.D President, Chief Executive Officer and Director Jacob Coonan, MPAcc, CA Chief Financial Officer Tom Watts Vice President, Human Resources Peter Watson, Esq.…
Analyst Coverage Canaccord Genuity John Bereznicki Calgary, Alberta Industrial Alliance Securities Elias Foscolos Calgary, Alberta Cormark Securities Sarah Hughes, CFA Toronto, Ontario Raymond y James Theoni Pilarinos,…
Financial Information Capital Structure as at March 31, 2014 Cash 10.5 million Debt - Committed credit facilities 50.0 million Equity 89.2 million Balance Sheet Working capital 46.6 million Property, plant and equipment 14.9…
Capital Structure 1997: IPO of 9.4 million shares at 2/share 2002: 7.3 million shares issued to Foundation Equity to convert p promissory y note 2007: 46.4 million equity raise 8.85 million shares 5.25; Foundation Equity sold…
The Anatomy of a Well Conductor Casing Cemented to Surface Surface Casing Intermed. Casing Drilling Mud Cement Prod. Casing Prod. Tubing 28
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