Solaris at a Snapshot Investment Highlights Chemical Proppant Market Leader: Industry leading market share of 1/3 maintained System System through the cycle No Debt, Excess Cash: No debt on the balance sheet with 1.30 per share cash…
Cash Flow Generation Debt-free Balance Sheet Supports Solaris Began to Harvest Cash in 2019 High EBITDA to OCF % Conversion(1) in millions 140% 80 120% 100% Average = 94% 60 59 80% 60% 40 34 40% 31 29 26 24 23 22 23 26…
Solaris Delivers Innovative Products & Solutions and Comprehensive Services to the Industry Innovative Products & Solutions Comprehensive Services Mobile Proppant Field Services Management and Logistics Systems 1/3 Share of…
Solaris Has a History of Innovation and Maintains a Robust R&D Pipeline 2014 2016 2017 2018 2019+ Getting Started Rapid Proppant System Growth Expanding Solution Offerings Key Milestones Key Milestones Key Milestones Apr 2014: Solaris…
High Renewal Rates on a Diverse, Blue Chip Operator and Pressure Pumper Customer Base Key Business Model Points Customer Stickiness(1) No long-term customer contracts historically but very high customer renewal rates High quality…
Solaris Has Maintained A Strong Market Position Throughout the Cycle Utilized Well Site Sand Storage Systems Average Utilization Variances Suggest by Technology Type(1) Technology/Service Differentiation (1,2) 520 2018 92% 400 380…
Solaris is Well Positioned to Take Advantage of Recent Industry Trends Recent Industry Trends Frac Crews Continue to Pump More Sand per Day (MM lbs) Sand pumped per foot has leveled out, but 3.5 horizontal footage per well and volumes…
Solaris Mobile Proppant Management System Elegant Solution to a Complicated Problem Simple, modern, fully-integrated and automated control system High Capacity Throughput System Reliable system with high volume input and output…
Business Model Reflects Low Portion of Total Well Cost, Strong Uptime Performance and In-line Margins Monthly System Revenue as % of Well Costs Uptime Performance Provides an Insurance Policy SOI…
Digitalization of the Supply Chain Solaris Lens: Vendor to Blender Visibility Solaris Lens provides real-time inventory levels at every step of the last mile supply chain, with visibility both at the well site and remotely via any…
Bringing Order to ChaosAgain Solaris New Mobile Chemical Silo Systems Chemicals, acid, friction reducer, biocide, etc. stored in multiple totes and iso-containers today Replaced with 3 silos with inventory control and monitoring,…
Solaris Solution Designed to Address Todays Challenges Todays Challenges Solaris' Solution Footprint Large and inefficient Condensed and efficient space utilization Imprecise, manual metering Precise - state of the art telemetry…
Solaris Lens Also Includes Remote Chemical Inventory Monitoring Historical Detailed info on performance pump rates and tracking ratios Accurate real- time inventory monitoring of Comprehensive each silo / summary data…
Solaris is Focused on Sustainability Select ESG Highlights Environment and Safety: Reduced Risk Through Automation and Design All-electric design. Solaris systems can use the same power source as electric frac fleets, eliminating the…
Focused on Operating Efficiency, Low Leverage and Shareholder Returns Operating Cash Flow as a % of EBITDA (1Q16-3Q20) SG&A as a % of EBITDA (1Q16-3Q20) 100% 160% 140% 80% 120% 60% 100% 80% 40% 60% 40% 20% 20% 0% 0% Peer…
Solaris Investment Highlights Market Leader: Industry leading market share of 1/3 in well site sand handling equipment No Debt, Excess Cash: No debt on the balance sheet with 1.30 per share cash balance as of September 30,…
Appendix
EBITDA and Adjusted EBITDA Reconciliation T hree m onths ended, T welv e m onths ended Decem ber 31, ( in 0 0 0 s) Septem ber 30, 2020 June 30, 2020 March 31, 2020 Decem ber 31, 2019 2019 2018 2017 Net income (loss) (5,603) (9,496)…
System Rental and Service Gross Margin Reconciliation T hree m onths ended, T welv e m onths ended Decem ber 31, ( in 0 0 0 s) Septem ber 30, 2020 June 30, 2020 March 31, 2020 Decem ber 31, 2019 2019 2018 2017 Sy stem rental and serv…
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