Advanced Products for an Evolving Market Expert in tubular handling, make-up & measurement Developing advanced products to meet customer needs in an evolving market Expanding globally to optimize customer support Supporting…
Market Driver: Deeper, Longer Wells Millions of Feet 450 U.S. Footage International* Footage 400 PREMIUM 350 CONNECTIONS 300 250 200 150 Deeper 100 Horizontal High Pressure 50 High Temperature 0 Spears &…
Market Driver: International Drilling Number of Rigs Number of Wells 2,500 60,000 50,000 2,000 40,000 1,500 30,000 1,000 20,000 500 10,000 0 0 U.S. Total Rigs Intl* Rigs U.S. Total Wells Intl* Wells Spears…
The Oil Country Tubular Goods (OCTG) Market OCTG Market (Mt) & Premium Demand 38%* 35%* 25% 75% 65% 62% Adapted from Vallourec Investor Presentation, November 2014; *Includes semi-premium 6
Global Clients Service Companies Rig Manufacturers Contract Drillers Tubular and Threading Manufacturers 7
Global Expansion Sales & Service Center Corporate Head Office Replacement parts Consumables Sales & Service Center Service Replacement parts Sales Consumables Service Sales Manufacturing New Product Development Replacement…
Technically Advanced Tubular Products weCATTTM Torque Sub Connection torque, turns and hook load data recorded from the top drive weCATTTM wirelessly Torque Sub weTORQTM Roughneck Applies both torque and spin to make-up /…
Data Acquisition Technologies weCATTTM Connection torque, turns and hook load data recorded from the top drive wirelessly winCATT Real-time tubular connection monitoring and control software for the weCATT, tongs and bucking…
Growth Strategy Develop advanced tubular make-up technologies Expand global presence Support customers throughout equipment lifecycle Evaluate acquisition opportunities 11
Organic Growth: Advanced Tubular Make-Up Technologies weBUCKTM electric bucking unit HYDRAULIC POWER TONGS first electrically powered bucking unit; eco-friendly, highly efficient tubular make- up weHOLDTM casing handling…
Organic Growth: Global Expansion Sales & Service Center Sales & Service Center Sales & Service Center Sales & Service Center Sales & Service Center Sales & Service Center Optimizing customer support Consumables,…
Full Aftermarket Participation CAPITAL EQUIPMENT RENTAL GROWING AFTERMARKET SALES Consumables Replacement parts Service Rental 14
Growth via Strategic Acquisition Handling Tools Tubular running Links, slips, manual tongs, Controls and data bushings, elevators, spiders STRONG BALANCE SHEET Equipment and Tubular Handling Accessories 32.5 million net…
Financial Overview and Performance
Year Over Year Revenue Growth 2013 Geographic Revenue (based on invoiced customers location) Revenue (millions) Managements Estimates (based on likely product destination) 17
Profitability Measures Gross Profit (millions) Adjusted EBITDA* (millions) Net Earnings from Continuing Operations (millions) 39% 37% 37% 16% 18% 15% 0.20 0.37 0.29 of revenue of revenue per basic share * Adjusted EBITDA is a…
Quarterly Results millions Three months ended (except % and per share amounts) 9/30/2014 9/30/2013 Revenue 38.3 28.8 Gross profit 13.7 11.7 as % of revenue 36 41 Adjusted EBITDA 8.0 6.5 as % of revenue 21 23 Net earnings 5.7…
Backlog* Geographic diversification Stable international market fundamentals Demand for advanced tubular products *The Corporation defines backlog as work that has a high certainty of being performed and is measured on the…
Investing in McCoy Growing global presence Targeting full aftermarket participation Developing advanced tubular products to meet customer needs Stable international market fundamentals Strong cash flows Market Summary (as at…
Head Office: Edmonton, AB Canada (780) 453-8451 infomccoyglobal.com www.mccoyglobal.com TSX:MCB, OTCQB:MCCRF
Additional Information
Executive Team and Board of Directors EXECUTIVE TEAM Jim Rakievich, ICD.D President, Chief Executive Officer and Director Jacob Coonan, MPAcc, CA Chief Financial Officer Kenny Watt Senior Vice President Peter Watson, Esq. General…
Analyst Coverage Canaccord Genuity John Bereznicki Calgary, Alberta Industrial Alliance Securities Elias Foscolos Calgary, Alberta Cormark Securities Sarah Hughes, CFA Toronto, Ontario Raymond James Theoni Pilarinos, CFA…
Financial Information Capital Structure as at September 30, 2014 Cash 32.5 million Debt - Committed credit facilities 50.0 million Equity 101.4 million Balance Sheet Working capital 71.1 million Property, plant and equipment…
Capital Structure 1997: IPO of 9.4 million shares at 2/share 2002: 7.3 million shares issued to Foundation Equity to convert promissory note 2007: 46.4 million equity raise 8.85 million shares 5.25; Foundation Equity sold 10…
The Anatomy of a Well Conductor Casing Cemented to Surface Surface Casing Intermed. Casing Drilling Mud Cement Prod. Casing Prod. Tubing 28
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