Total Energy Services Inc. · TSX:TOT
Total Energy Services — Shareholder Meeting (May 2022)
11 slides from Total Energy Services's shareholder meeting presentation, May 17, 2022
Slide 1: 26th Annual Meeting of Shareholders
••• 26 th Annual Meeting of Shareholders May 17, 2022 FOCUS DISCIPLINE GROWTH FOCUS DISCIPLINE GROWTH
Slide 2: Cautionary Statements
Cautionary Statements ••• Forward-Looking Information Certain information presented in these remarks and in this presentation that is not historical factual information and/or based on current views and assumptions and is subject to uncertainties may constitute forward-looking information within the
Slide 3: Corporate Information
Corporate Information ••• Shares outstanding (at April 30, 2022) 42.3 million Options outstanding (at March 31, 2022, $10.87 weighted avg exercise price) 2.23 million Market capitalization (basic, at $8.50 share price) $360.0 million Working capital (1) (at March 31, 2022) $126.5 million Property, p
Slide 4: Recent Financial Performance
Recent Financial Performance ••• (in thousands of CDN dollars, except per share amounts and shares outstanding) 3 months ended Year ended Mar 31 Dec 31 2022 2021 2021 2020 Revenue $ 161,452 $ 93,190 $ 431,576 $ 365,750 EBITDA (1) 24,314 16,717 86,015 81,204 Cashflow 22,551 15,332 80,191 73,437 Net I
Slide 5: TOT Business Segments
TOT Business Segments ••• Diversified Exposure to Global Energy Development Contract Drilling Services (CDS) ✓ Onshore drilling operations in Western Canada (77 rigs), Texas (13 rigs) and Australia (5 rigs) ✓ Strategic alliance with Pason Systems to develop and deploy leading edge drilling enhanceme
Slide 6: Creating Sustainable Shareholder Value
Creating Sustainable Shareholder Value ••• ✓ Disciplined approach to capital investment = no recorded impairments of equipment or goodwill since inception ✓ Returned over $250 million to shareholders through dividends and share buy backs from inception to March 31, 2022 ✓ Reinstatement of quarterly
Slide 7: Operational Diversification
Operational Diversification ••• ✓ Diversified energy services platform provides stability and future growth opportunities ✓ Leading market positions in all business segments FOCUS DISCIPLINE GROWTH
Slide 8: Geographical Diversification
Geographical Diversification ••• ✓ Geographically positioned for continued international growth ✓ Resiliency in the face of global market volatility FOCUS DISCIPLINE GROWTH
Slide 9: ESG Highlights
ESG Highlights ••• ✓ Deployment of NOMAD mobile compressors to non-oil and gas industrial applications – reduced site disturbance relative to conventional skid unit ✓ RTS Odessey pumps offer alternative to truck and trailer for liquids transport = lower emissions + significant cost savings ✓ Opsco w
Slide 10: 2022 Capital Budget
2022 Capital Budget ••• $ 42.1 million 2022 capital budget: ✓ $ 32.4 million for equipment maintenance and upgrades: ▪ Includes significant upgrades to the drilling and service rig fleets ✓ $ 9.7 million of expansion capital: ▪ Parts and services expansion and compression rental fleet additions in C
Slide 11: Contact Information
Contact Information ••• For further information about Total Energy Services Inc., contact: Daniel Halyk, President & CEO, phone: (403) 216-3921, email: dhalyk@totalenergy.ca or Yuliya Gorbach, VP Finance & CFO phone: (403) 216-3920, email: ygorbach@totalenergy.ca www.totalenergy.ca Savanna Well Serv
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