Investor and Analyst Update Third Quarter 2021 in Review NASDAQ: USWS
Third Quarter Financial Highlights Completed exit from conventional diesel pressure pumping services market Averaged 5.0 fully-utilized fleets vs. 7.9 fully-utilized fleets in Q2 56.5 million of revenue vs. 78.8 million in Q2…
USWS is Building the 4th Generation of Clean Fleet 1st Generation Clean Fleet (2014) 2nd Generation Clean Fleet (2019) 3rd Generation Clean Fleet (2020) 3,500 HHP dual-triplex pumper with 2,500 HHP single pump trailers Similar…
USWS Pro Forma Capital Structure as of September 30, 2021 (Dollar and share count amounts in millions) As of Pro Forma Sept 30, 2021 Adjustments Sept 30, 2021 Cash & Equivalents 30.6 30.6 Borrowings (at Face Value): ABL Credit…
Adjusted EBITDA Reconciliation U.S. WELL SERVICES, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited and amounts in thousands except for active fleets and per share amounts) Three Months Ended Nine Months Ended…