Investor Presentation Q1 2015 March 2, 2015 This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced,…
Investment Highlights Leveraged to deep, complex wells primarily offshore with blue- chip customer base Global footprint with a presence in all major markets Patented technology reduces total well costs for customers Strong free…
Recent Management Changes Gary Luquette: President and CEO in January 2015 FI board member since November 2013; remains on board of supervisory directors 35 years industry experience with Chevron Jeffrey Bird: EVP and CFO in…
Leader in Well Construction Franks International is a 75+ year old company focused on providing well construction services to E&P companies around the world This document contains confidential and proprietary information which…
Value to our Customers Reduced Safer Increased Rig Time Operations Well Integrity Extended Range Handling Tools Remote Tong System Fluid Grip Tong This document contains confidential and proprietary information which is the…
Revenue and EBITDA by Segment 2014 Revenue Contribution: 2014 Adj. EBITDA Contribution: 1,153 million 450 million Tubular Sales Tubular 9% Sales 15% International International US Offshore Services US Services Services 23%…
Revenue Contribution Trend 2013: 2014: 1,077 million 1,153 Million Tubular Tubular Sales Sales 16% 15% International International US Offshore Services US Offshore Services 24% 44% 23% 47% US Land US Land 16% 15%…
Onshore/Offshore Services Revenue 2014 Services Revenue: 977 million International Onshore U.S. Onshore International Offshore U.S. Offshore Approximately 75% of services revenue is from offshore projects 60% of…
Deepwater Development Economics At 60/bbl, Gulf of Mexico (Miocene) and most West Africa projects are estimated to be NPV positive Franks technology helps customers realize well efficiencies and reduce total well cost This…
Deepwater Development Outlook Production that has yet to be sanctioned by the top 10 IOCs is concentrated in Gulf of Mexico and Brazil Franks global footprint positioned for future growth This document contains confidential and…
U.S. Land Market Economics Rig count declining Activity levels more susceptible to lower prices Flow from a shale well can decline up to 78% in the first year boe/d 600 500 400 300 200 100 0 1 2 3 4 5 6 7 8 9 10 11 12…
Global Market Outlook Demand for oil will continue to increase, from 90mb/d in 2013 to over 100 mb/d by 2030 Largest demand growth areas will include India, China, Africa and the Middle East 120 100 80 mb/d 60…
FI Offshore Markets Gulf of Mexico and International Increasing well complexity Clamp Type Single Joint Elevator Metallurgy Depth Multiple completions FI Opportunities Increase market share Mexico reform 2016 and beyond Increase…
FI Onshore Markets U.S. and International FX350 Casing Running Tool (CRT) Increasing well complexity Longer laterals Increasing Shale gas and unconventional energy sources FI Opportunities Increase Casing Running Technology…
Tubular Sales Deepwater drilling increases demand for large outside diameter (OD) pipe FI Opportunities Identify new market and geographic opportunities Improve inventory management Port of Iberia, Louisiana Pipe Facility…
Supplemental Financials This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced, distributed or used…
2015 Financial Guidance Capital Expenditures: 150 million 23% decline versus 2014 Equipment rental equipment: 70 million Effective Tax rate: 25% Additional 5% assumed tax for conversion of preferred shares Diluted share…
Recent Segment Results 2013 2014 ( in 000s) Full Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Full Year (1) Revenue International Services 475,297 118,585 129,456 143,330 145,888 537,259 U.S. Services U.S. Land 174,242 36,136…
Recent Financial Results 2013 2014 ( in 000s) Full Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Full Year Revenue 1,077,722 264,492 272,937 296,183 319,020 1,152,632 Operating Income 340,671 74,069 62,838 86,273 91,763 314,943…
EBITDA Reconciliation FRANK'S INTERNATIONAL N.V. SELECTED OPERATING SEGMENT DATA (In thousands) 2013 2014 Full Year Q1 Q2 Q3 Q4 Full Year Segment Adjusted EBITDA: International Services 199,620 51,028 48,873 65,359 66,209…
Appendix This document contains confidential and proprietary information which is the property of Franks International. None of the information contained herein may be disclosed, reproduced, distributed or used without prior written…
Proprietary Equipment Total Patents: 267 Remote Powertong Cassette Package 122 U.S. Issued 145 Foreign Issued 2014 Patents & Filings 14 new U.S. patents issued in 2014 28 new U.S. patents filed in 2014 Engineering department…
Deepwater Technology 1,500 Ton Handling Equipment Industry First Deployed in anticipation of 1,500 ton derricks and top drives Deeper wells require landing heavy casing strings 36 Jet String Elevator Designed to lift flush OD…
Specialty Tubular Handling Fluid Grip Automated Tong Patented Non-metallic gripping system Allows for zero marking handling of corrosion-resistant alloy tubulars Packaged with Collar Load Support (CLS) for compete non- marking…
Well Completion COBRA Completion Control Line Manipulating System 6 U.S. Patents Ensure controls lines do not get damaged while running casing Interlocking system prevents slips from closing on the control lines…
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