Flotek Industries, Inc. · NYSE:FTK
Flotek Industries — Investor Day (May 2011)
16 slides from Flotek Industries's investor day presentation, May 17, 2011
Slide 1: Lead. Support. Accelerate.
Exhibit 99.1 Lead. Support. Accelerate. ae = iin (_FLOTEK p
Slide 2: Flotek Investor & Analyst Days May 16–18, 2011
Flotek Investor & Analyst Days May 16 – 18, 2011 Houston & Oklahoma City © 2011, Flotek Industries. All Rights Reserved 2
Slide 3: John Chisholm, Chairman and President
John Chisholm, Chairman and President 3
Slide 4: Disclaimer: Forward Looking Statements
Disclaimer: Forward Looking Statements Certain statements and information included in this presentation constitute “forward–looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on certain assumptions and analyses made by the Compa
Slide 5: Flotek Today
Flotek Today •Overview & Business Strategy •Flotek’s Technology Portfolio& Business Drivers •Chemical Technologies and Related Logistics Services •Drilling Technologies •Artificial Lift Technologies •Financial Overview •Capital Structure Review •2011 Objectives •Conclusions 5
Slide 6: Flotek's Technology Portfolio
Flotek’s Technology Portfolio • Houston-based oilfield services company with focus on value- added drilling, completion and production products. • Chemical Technologies and Related Logistics Services add value in the drilling, completion and production stages of oil and gas wells. • Drilling Technol
Slide 7: Flotek's 2011 Business Drivers
Flotek’s 2011 Business Drivers • Focus on improved marketing efforts • Increased focus on depth of Flotek market combined with expanding breadth of market in drilling technologies segment • Grow exposure to end user/beneficiaries of Flotek chemical technologies. • Look for select “new markets” for a
Slide 8: Chemical Technologies & Logistics Services
Chemical Technologies & Logistics Services • Core Competencies •Our chemical technologies focus on developing, manufacturing and distributing a wide array of specialty chemicals used in both the primary and secondary efforts. •Our unique and patented chemistries are used in cementing, stimulation, a
Slide 9: Drilling Technologies
Drilling Technologies • Core Competencies •Focused on designing, manufacturing and distributing a diverse inventory of downhole drilling equipment with applications in oil and gas drilling as well as mining, water and industrial drilling applications. •Flotek Rental Tools on > 25% of all rigs in the
Slide 10: Artificial Lift Technologies
Artificial Lift Technologies • Core Competencies •Focused on assembling, distributing, installing, and servicing a broad spectrum of pumping system components including electrical submersible pumps (ESPs), gas separators and other services that largely support coal bed methane (CBM) production, prim
Slide 11: First Quarter, 2011 Highlights
First Quarter, 2011 Highlights • Revenue of $52.9 million in first quarter. • Operating Income of $ 9.3 million. • Net income of $10.4 million shares; extraordinary items impacted results. • Strength in Chemical and Drilling Products segments. • Growth in Complex Nano-Fluid microemulsions with focus
Slide 12: New Information & Management Reporting Tools – Enterprise Resource Planning
New Information & Management Reporting Tools – Enterprise Resource Planning As announced, Flotek is undertaking a complete overhaul of its Management Information Systems. The goal is provide more precise, timely and useful data for management and front-line personnel. Key Values of Flotek’s new ERP
Slide 13: Select Balance Sheet Data (unaudited)
Select Balance Sheet Data (unaudited) Outstanding Debt (in millions) •Senior Secured Debt Due 11/2012 $ 31.8 •Secured (Second Lien) Convertible Notes* $ 36.0 •Convertible Subordinate Debt* $ 75.0 Total Outstanding Debt $ 142.8 *Debt matures in 2/2028; Put/Call Option 2/2013. Equity Recap •Shares Out
Slide 14: 2011 Financial Objectives & Action Plan
2011 Financial Objectives & Action Plan • Conversion of Preferred Equity to Common Equity • Completed 2/2011 • Continue to Focus on Balance Sheet Improvement •Consider options for outstanding convertible debt. Toolbox is more robust than it was a year ago. • Completed $4.5 million debt-for-equity ex
Slide 15: 2011 Objectives
2011Objectives Lead •Lead in innovation, responsiveness and service quality for our customers in each of our key business units. •Senior leadership leads by example, setting the tone and course of success for our front-line team members. •Lead our industry in performance and returns for our stakehol
Slide 16: IR@flotekind.com
——, FLOTEK Lead. Support. Accelerate. 2930 W. Sam Houston Pkwy N. Suite 300 Houston, TX 77043 ph. 713.849.9911 IR@flotekind.com 16