Kirby Corporation · NYSE:KEX

Kirby — Investor Day (May 2018)

12 slides from Kirby's investor day presentation, May 2018

  1. Slide 1: Opening Remarks

    Opening Remarks Analyst Day 2018 David Grzebinski - President & CEO

  2. Slide 2: Cautionary Statement

    Cautionary Statement Statements contained in this presentation with respect to the future are forward-looking statements. These statements reflect management’s reasonable judgment with respect to future events. Forward- looking statements involve risks and uncertainties. Actual results could differ

  3. Slide 3: Kirby Overview

    Kirby Overview Marine Transportation Distribution and Services The largest inland and coastwise tank barge Nationwide service provider and distributor fleets in the United States of engines, transmissions, parts, industrial equipment and oilfield service equipment • 36 successful acquisitions • 19 s

  4. Slide 4: The Kirby Difference

    The Kirby Difference  Market leader and consolidator in both segments – Geographic scale – Breadth and efficiency – Full service offering – Experienced management teams  Intense focus on operational excellence – Safety is our franchise – Certified training programs – Proven integration strategy –

  5. Slide 5: Macro Environment a Tailwind to Kirby

    Macro Environment a Tailwind to Kirby KEY: MACRO TRENDS / Kirby advantages GDP experienced OIL DEMAND demonstrated POPULATION best-in-class TIGHT OIL market leader PETROCHEMICALS REFINERIES broad network BASELOAD SUPPLIER valuable disciplined ETHANE focused EQUIPMENT efficient NGLs flawless executio

  6. Slide 6: World Oil Supply and Demand

    World Oil Supply and Demand  Robust global oil demand growth predicted – GDP growth 2 to 4% annually globally – Petrochemical feedstock demand increasing – Technology could slow demand growth  Global oil supply / demand imbalance beyond 2020 without new investment – Upstream spending down ~40% sin

  7. Slide 7: "Swing Producer" to "Baseload Supplier"

    “Swing Producer” to “Baseload Supplier”  US poised to become a major global supplier of world oil – US daily supply could grow up to 17 mb/d by 2023 – Major operators focusing investments in North America – US contribution more than Brazil, Canada, Iraq, Iran, and Norway combined  US shale product

  8. Slide 8: Petrochemical Feedstock Demand is Rising

    Petrochemical Feedstock Demand is Rising  Significant Petrochemical Build-out GROWTH OPPORTUNITIES FOR – Global feedstock demand for crackers grows 1.4 mb/d through 2023 MARINE TRANSPORTATION – ~40% of world feedstock growth requirements for crackers in the U.S. – ~80% of new petrochemical capacity

  9. Slide 9: Shale Revolution Has Impacted Markets, Logistics and U.S. Economy

    Shale Revolution Has Impacted Markets, Logistics and U.S. Economy OPPORTUNITIES FOR MARINE TRANSPORTATION Source: PLG Consulting Analyst Day 2018 8

  10. Slide 10: Shale Gas Phased Impact to U.S. Industrial Renaissance

    Shale Gas Phased Impact to U.S. Industrial Renaissance  Phase I – Industries using natural gas as primary OPPORTUNITIES FOR MARINE AND feedstock have global cost competitiveness; new US DISTRIBUTION & SERVICES factories built or in progress  Phase II – Downstream products require significant proce

  11. Slide 11: The Mega Trend

    The Mega Trend MARINE TRANSPORTATION and DISTRIBUTION & SERVICES Low Cost Resources & Feedstocks Production cost Venezuela US West GOM US Shale Africa Brazil Oil Permian Sands Middle East Resources Feedstocks Source: IHS Markit Source: ExxonMobil DISTRIBUTION & GROWTH MARINE SERVICES TRANSPORTATION

  12. Slide 12: Slide 12

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