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4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc.

Mammoth Energy Services Inc. · Feb 1, 2021 · 15 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 1
    4Q and Full Year 2020 Earnings February 2021
  2. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 2
    4Q 2020 Financial Performance Revenues of 85 million, net loss of 12 million and adjusted EBITDA of 8 million(1) 66% of revenue from infrastructure segment Capex of 1 million Operating cash flows of 5 million Consolidated Revenues…
  3. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 3
    Diversified Portfolio of Infrastructure and Oil field Services Engineering Manufacturing Logistics Rental Equipment Aviation Services Design Evaluate Develop Construct Analyze Transmission Substation Distribution…
  4. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 4
    Integrated Infrastructure Construction Services Field offices spread across the northeast, southwest, midwest and western portions of the U.S. Crews specializing in transmission, substation, C&I, fiber and distribution construction and…
  5. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 5
    Infrastructure Leading Revenue Growth Infrastructure Revenues (1) Infrastructure Offering 55.9 43.6 30.2 25.6 25.5 Engineering Manufacturing Aviation Services Logistics 4Q 2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 Design…
  6. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 6
    Electric Utility Spending Growing Utilities are investing heavily in the electrical grid driven by: Grid modernization Regulation Fuel Source Switching System Congestion Mammoths service offering has significant exposure to this…
  7. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 7
    Infrastructure Services High Quality Customer Base February 2021 7 Ownership in Brim Aviation is through a joint venture with Wexford Capital Infrastructure segment excludes Aquawolf and Brim Aviation
  8. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 8
    Aviation Services Fleet of 8 light lift aircraft One medium lift aircraft 4 MD-600 FAA 133, 135 and 137 certifications(1) allow for a wide range of aviation services including: 3 MD-900 Powerline construction Search and rescue 1…
  9. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 9
    Oil Field Services Fully Integrated Oil Field Service Capability High Quality Customer Base Six high pressure pumping fleets (50,000 Hhp each) Two high quality Northern White sand mines Total processing capacity of 4.4 Mmtpa Best in…
  10. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 10
    Business Model Mammoth management has been successful at identifying growth opportunities Business lines are run independently but leverage synergies and customer relationships Management teams are the key to successful business lines…
  11. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 11
    Corporate Strategy ENTREPRENEURIAL CULTURE INVEST IN ATTRACTIVE OPPORTUNITIES GROWTH: QUALITY OVER QUANTITY EXECUTION IS CRITICAL February 2021 11
  12. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 12
    TUSK Well Positioned vs Peers Compelling value opportunity versus peers Trading at discount to peer group despite superior balance sheet and service diversification Market capitalization(1) of 327 million, enterprise value of 395…
  13. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 13
    2021 Capex Budget Major Projects Upgrading pressure pumping fleet to Dynamic Gas Blending (DGB) Organically grow the continental U.S. infrastructure business, ultimately dependent on contract coverage Growth capital will remain…
  14. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 14
    Adjusted EBITDA Reconciliation Three Months Three Months Twelve Months Twelve Months Reconciliation of Adjusted EBITDA to Ended Ended Ended Ended net income (loss) (000s) December 30, 2020 December 30, 2019 December 31, 2020 December…
  15. 4Q and Full Year 2020 Earnings – Mammoth Energy Services Inc. – slide 15
    Company Headquarters 14201 Caliber Drive, Suite 300 Oklahoma City, OK 73134 405-608-6007 investorsmammothenergy.com February 2021 15

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