FTS International, Inc. NYSE American: FTSI Barclays CEO Energy-Power Conference September 2021
Discussion topics I We Are an Attractive Opportunity for Investors II Our Value Proposition to Customers III Our Value Proposition to Investors IV Drivers of Our Success and Future Value Accretion 2
I We Are an attractive opportunity for investors we have a clean balance sheet, strong liquidity, and an attractive Relative Valuation Relative Enterprise value/2022E EBITDA (1) Emerged from financial restructuring in November 2020…
II Our value proposition to customers we deliver superior value to our customers We offer consistent and reliable well completions regardless of basin, pressure, or rate with industry-leading efficiencies driving higher value Our…
II Our Value proposition to investors We are structurally advantaged to produce superior free cash flow Low Maint. High Operating Low Overhead Capex Per Fleet Efficiency (2.5m) Best-In-Class through-Cycle Free Cash Flow with…
IV Drivers of our success and future value accretion our active equipment is always ready to pump continuously in the toughest environments We believe service quality is the primary differentiator for our customers and we strive to be…
IV Drivers of our success and future value accretion we invest in state-of-the art technology So that we can frac better and more efficiently than ever before State-of-the-Art Automated Fleet Technology Efficiency Comparison Pumping…
IV Drivers of our success and future value accretion Our in-house manufacturing is a significant cost advantage that drives superior capital efficiency In-house manufacturing allows us to rebuild and replace all major components cost…
IV Drivers of our success and future value accretion Broad footprint and homogeneous equipment allow us to quickly go where the work is Current Active Fleets by Location (1) Eagle Ford 4 4 Midcontinent Powder River Basin…
IV Drivers of our success and future value accretion w e r e m ain d i s cip l in ed w it h Re t u rns -F ocuse d I n v es tme n t C r it e ri a Average diesel displacement of 50% Tier 2 Currently running 7 dual fuel fleets, more than…
To Wrap up.. . Our clean balance sheet and strong liquidity offers an attractive opportunity to investors at our current valuation We continue to execute on our customer value proposition of providing superior service quality…
At FTSI, we believe in the power of possibility. The possibility to reach higher, go further and achieve more than we did the day before. FTSI never stops innovating, never stops striving for excellence. We are committed to always…
Appendix
No n- GAAP Reconciliation Adjusted ebitda, fully-utilized fleets, & annualized adjusted ebitda per fully- utilized fleet Three Months Ended Successor Successor Jun. 30, Mar. 31, (Dollars in millions, except fleets) 2021 2021 Net…
Loading...
