Npk International Inc. · NYSE:NPKI
Npk International — Newpark Resources — Investor Presentation (August 2010)
21 slides from Npk International's investor presentation, Aug 24, 2010
Slide 1: Newpark Resources Presentation August 2010
Newpark Resources Presentation August 2010
Slide 2: Forward-Looking Statements
Forward-Looking Statements 2 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. All statements that address expectations or projections about the futu
Slide 3: Company Overview
Company Overview 3 Specialized provider of: Fluids Systems and Engineering Mats and Integrated Services Environmental Services Customers: Oil and Gas Industry Key geographic markets: North America North Africa Europe Brazil (CHART)
Slide 4: Drilling Fluids - Market Share
Drilling Fluids - Market Share 4 Our worldwide market share has demonstrated growth over the past decade Market share growth was impacted by downturn in North America in 2009 Growth has come with independents, major international oil companies and national oil companies Source: Spears & Associates -
Slide 5: Technology
Technology 5 Focused on providing customized solutions for E&P operators to improve their drilling economics Off-shore - Deepwater and Shelf Land - Conventional and Unconventional Formations Proprietary and Patented Technology High Performance Water Based Systems High Performance Synthetic Based Sys
Slide 6: Customer Revenue Mix Growth with IOC's and NOC's
Customer Revenue Mix Growth with IOC's and NOC's Results of strategic shift started in 2006 Focus on IOC's and NOC's Why? Less competition versus independents Longer investment horizons (stability) Longer term contracts 6 2006 Fluids Systems & Engineering Revenue NOC IOC Other (CHART) 2010 First-Hal
Slide 7: International Revenue Growth/Mix
International Revenue Growth/Mix Focused on driving towards a 50/50 ratio of North American revenues to international revenue Why? To provide more stability; balance between natural gas (North America) and oil (International) Longer investment horizons (stability) 7 2006 Fluids Systems & Engineering
Slide 8: Fluids Systems and Engineering Scope of Operations - North America
Fluids Systems and Engineering Scope of Operations - North America 8 Serves major North America basins; recently expanded to Marcellus and Bakken Shale Approximately 16% share of U.S. markets served in first half 2010, up from 14% in 20091 Growing presence in the emerging Haynesville and Eagle Ford
Slide 9: Penetrating Brazilian Offshore Market
Penetrating Brazilian Offshore Market 10 2nd largest drilling fluids capacity in Brazil with 8 service locations Customers include Petrobras, XOM, Repsol, Maersk and Alvarado 2010 first-half revenues of $26.3 million, compared to $6.3 million in same period of 2009 Taking steps to improve profitabil
Slide 10: Mats and Integrated Services
Mats and Integrated Services 11 Growth through new markets for mat rentals U.K. Colorado Marcellus New environmental applications drive first-half 2010 growth Use of composite mats to minimize adverse impacts of land drilling Higher asset utilization and 2009 cost structure initiatives helped drive
Slide 11: Q2 2010 Summary
(CHART) Q2 2010 Summary Operating performance continues to improve Total revenues of $181 million in Q2 2010, a 13% increase from Q1 2010 EPS of 12¢ in Q2 compared to 9¢ in Q1 Gulf of Mexico $2.7 million of revenue related to spill activities in Q2 7% of consolidated revenue in the first half of 201
Slide 12: Capital Structure
Capital Structure 14 Strong balance sheet; debt reduced $3 million in 2010 while activity has increased. No significant near-term debt maturities: $10 million per year, next two years (CHART)
Slide 13: Summary & Market Outlook: 2010
Summary & Market Outlook: 2010 15 Strong performance in all three segments U.S. land market good with uncertainty in the Gulf of Mexico Continued strength will be driven by natural gas prices, storage levels and demand Pricing in fluids is firming up Gulf moratorium expected to reduce Q3 2010 revenu
Slide 14: Appendix
Appendix NYSE: NR Newpark Resources, Inc. reer
Slide 15: Financials
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Slide 16: Financials
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Slide 17: Financials
Financials Newpask Resources, Ine. Operating Segment Results (Dnauited) ‘Thee Mons Ended (nthensand) Fue 30, 2010 March31, 2010 Sune 30, 2009 Revemes Phils systens and exgiccag 8 ims $ rss e962 Mats and integrated serves 16581 13620 368 Evwizermetal serves 1 ogee nia Teal revues g iia2 jane 108: Ope
Slide 18: Financials
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Slide 19: Experienced Leadership
Experienced Leadership 21 Paul Howes President & CEO Jim Braun VP & CFO Mark Airola GC & Admin Officer Bill Moss VP Corporate Strategy & Development Interim President Mats & Integrated Services & Environmental Services Bruce Smith President Fluids Systems and Engineering Tom Eisenman President Excal
Slide 20: Management Biographies
Management Biographies 22 Paul L. Howes, President & CEO: Paul joined Newpark's Board of Directors and was appointed its Chief Executive Officer in March 2006. In June 2006, Mr. Howes also was appointed as Newpark's President. Mr. Howes' career has included experience in the defense industry, chemic
Slide 21: Management Biographies
Management Biographies 23 Bruce C. Smith, President Fluids Systems and Engineering: Bruce joined Newpark in April 1998 as Vice President, International. Since October 2000, he has served as President of its subsidiary Newpark Drilling Fluids, L.P. Prior to joining Newpark, Mr. Smith was the Managing
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