Propetro Holding Corp. · NYSE:PUMP
Propetro — Johnson Rice 2017 Energy Conference
14 slides from Propetro's conference presentation, Sep 26, 2017
Slide 1: Johnson Rice 2017 Energy Conference
Johnson Rice 2017 Energy Conference September 26, 2017 NYSE: PUMP www.propetroservices.com
Slide 2: Forward-Looking Statements
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 2 Certain information included in this presentation constitutes forward-looking statements within the meaning of the Private Securi
Slide 3: Discussion Topics
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 3 ProPetro at a Glance Permian Basin Update 2017 Q2-Q3 Highlights 2017 Q2 Financial Review Fleet Expansion Initiative U
Slide 4: Overview
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 4 100% Frac Operations Permian Concentrated – 690,000 HHP(1) Spread over 16 Crews Over 7x Organic HHP Growth Since 2013(2) Cu
Slide 5: Permian Macro
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 5 Healthy Frac Demand Outpacing HHP Capacity – Driven by Recent E&P Acquisitions and Attractive Economics Increasing Pricing Le
Slide 6: 2017 Q2-Q3 Highlights
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 6 Significant financial improvement Q2 vs Q1 - Revenue of $213.5 MM (24% increase Q/Q) - Net income of $4.9 MM - Adjusted EBITDA
Slide 7: 2017 Q2 Financial Highlights
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 7 Permian 97% Non- Permian 3% Revenue: $213.5 MM EPS: $0.06 Adjusted EBITDA: $30.7 MM Conservative Leverage Profile(1) – Ca
Slide 8: Fleet Expansion
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 8 Hydraulic Fracturing (~690,000 HHP by Year End) Cementing – Deployed new-build units in June and September – Brings total cap
Slide 9: Horsepower Growth and Utilization
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 9 Chart based on end of period HHP counts Horsepower Growth and Utilization Modern Homogeneous Fleet – 85% of Current Fleet Built
Slide 10: Uniquely Positioned for Success
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 10 Permian Focus – Positioned in the low cost basin Blue Chip Customers – Large drilling inventories and sizeable rig programs
Slide 11: Appendix
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 11 APPENDIX
Slide 12: Consolidated & Segment Financials
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 12 CONSOLIDATED & SEGMENT FINANCIALS
Slide 13: Reconciliation of Adjusted EBITDA
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 13 RECONCILIATION OF ADJUSTED EBITDA
Slide 14: Contact
IBDROOT\PROJECTS\IBD-NY\GIDEON2016\595087_1\07. Roadshow\01. Presentation\ProPetro Roadshow v184.pptx 231 231 231 209 32 45 102 148 178 89 89 92 187 187 187 102 102 102 14 Corporate Headquarters: 1706 S. Midkiff, Bldg. B Midland, TX 79701 432.688.0012 www.propetroservices.com Investor Relations: Sam
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