Disclaimer Cautionary Note Regarding Forward-Looking Statements. This presentation contains, and our officers and representatives may from time to time make, forward-looking statements within the meaning of the safe harbor provisions of…
Overview A leading provider of domestic energy infrastructure, enabling the reliable and secure flow of natural gas and oil to feed growing global demand AT-A-GLANCE 1, 2 We Move Energy. Reliably. Market Cap 3.6 billion Safely.…
Investment Thesis Leading Market Position Purpose-built fleet of 4.4 million HP1 Market leader with 2.9 million HP of compression in the Permian1 Industry Leader in Both Growth & Utilization 0 to 4.4 million horsepower in 13…
Q3 2024 Financial & Operational Highlights Total Contract Services Free Revenues Adjusted Gross Margin1 Cash Flow1 325 million 66% 53 million +5% vs Q2 2024 +2% vs Q2 2024 100% vs Q2 2024 Quarterly Adjusted EBITDA1 (M) 168 154…
Delivering Profitable Growth Driving Margin Expansion Contract Services Adjusted Gross Margin1 Redeployed 38K horsepower of 66% formerly idle units 1% Added 50K new horsepower at Cost 1% Rationalization market rates 64%…
The Kodiak Difference Every aspect of the business is geared towards providing superior service as defined by industry-leading mechanical availability Purpose-Built Fleet Industry Leading Training Program1 Large HP fleet…
Increased Shareholder Diversity & Liquidity Top 5 Shareholders Equity Ownership (% of fully diluted shares outstanding)1 (% of fully diluted shares outstanding)1 January 2024 December 2024 57% 84% 56% 43% Top 5 Shareholders…
Industry Leading Shareholder Returns at an Attractive Valuation Creating Value for Shareholders EV/2026 Adj. EBITDA1 13.0x Valuation provides the potential for further upside 10.4x Shareholder return program provides attractive 8.9x…
Industry Leading Compression Capacity 2.9 million 1,150 99% Permian horsepower Average Permian Large horsepower horsepower per unit utilization rate1 Top 3 North America Contract Compression Providers = 75% of the outsourced…
LNG Driving U.S. Natural Gas Demand Outlook North American LNG Demand2 Associated natural gas from the Permian and the Eagle Bcf per day 19.0 28.9 Ford are expected to be one of the primary supply sources for Gulf Coast LNG…
Data Centers & AI Expected to Drive A Surge in Power Demand U.S. Gas Demand Outlook Bcf per day RAPID ACCELERATION OF DATA 2 3 - 10 128-135 19 CENTERS AND ARTIFICIAL 104 INTELLIGENCE PROJECTED TO DRIVE SURGE IN POWER DEMAND…
Compression Demand Outlook Based on midpoint of power demand forecast range - U.S. gas demand expected to increase by 28 Bcf/d by 2030 An increase of 2.4 million horsepower per year through 2030 would be required to meet this demand…
Compression Industry Has Displayed Capital Discipline Compression industry capital spending remains below while costs to add HP have historical levels1 risen significantly2 1,600 millions Bcf/d 140 Capex per HP Compression CapEx 130…
Multiple Compression Touch Points Gas Processing Centralized Gathering Gas Lift Systems Permian Basin Residue Haynesville Compression Shale NATURAL GAS GROWTH 2020-2024E1 Bcf/d 8.8 3.2 3x 4x Compression Required…
Premier Customer Base Drives Growth & Stability Continuous HP Growth Customers by Credit Rating2 Customers by Type3 2019 2023 CAGR 6% 40% 34% 60% 66% Investment Grade Upstream 2019 2020 2021 2022 2023 Sept. '24…
Contract Structure Supports Cash Flow Visibility Percent of Month-to-Month Contracts1 1 Fixed monthly revenue with multi-year terms HP with Remaining 89% Contract Term 2 Annual inflation index 11% adjustments HP on…
Steady Business in Any Commodity Price Environment Quarterly Contract Services Adjusted Gross Margin1 (M) 200 20 Kodiak Contract Services Adj. Gross Margin (M) 188 180 Average WTI Crude Oil Price (/bbl) 177 18 Average Henry Hub…
2024 Capital Plan Full Year Capital Spending1 2024 New Units New Unit CapEx Other 95% 270 - 300 Permian focused Million 2024e CapEx 2,000 HP Average horsepower per unit Maintenance CapEx New Unit Horsepower2 (in…
Full-year 2024 Guidance (All amounts below are in thousands except per share amounts and percentages) Low High Adjusted EBITDA (1) 600,000 610,000 Discretionary Cash Flow (1)(2) 365,000 385,000 Segment Information Contract…
No Near-Term Debt Maturities Reduced High Yield Borrowing Costs2…
Capital Allocation Priorities Returning capital to Investing Reducing shareholders in increasing leverage and through an fleet capacity that further balance attractive dividend exceeds internal sheet improvements hurdle rate…
Industry Leader in Sustainability Initiatives Established Published Hart Energy Recognized as a Received Established Bears formal ESG inaugural recognizes Kodiak best place to work Top Workplaces Academy, a training Committee…
Reconciliation of Non-GAAP Financial Measures Gross Margin to Adjusted Gross Margin Net Cash Provided by Operating Activities to DCF and FCF (in thousands) 3Q 2023 2Q 2024 3Q 2024 (in thousands) 3Q 2023 2Q 2024 3Q 2024 Total revenues…
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