Presidio Production Company · NYSE:FTW
Presidio Production — Investor Presentation (June 2026)
30 slides from Presidio Production's investor presentation, Jun 18, 2026
Slide 1: Investor Presentation
(> PRESI|DIO INVESTOR PRESENTATION
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER Cautionary Note Regarding Forward-Looking Statements The statements contained in this presentation that are not purely historical are forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding our expectations, hopes, beliefs,
Slide 3: The Presidio Vision
THE PRESIDIO VISION $1.35 Annualized Dividend Per Share Anticipated Increase To $1.50 Post Canyon Creek Close1 10.9% Implied Dividend Yield2 A SIMPLE, DISCIPLINED APPROACH TO GENERATE STEADY INCOME FROM AMERICAN ENERGY 22 Mboe/d Current Net Production3 $828MM Enterprise Value4 $15Bn Near-Term Action
Slide 4: Why Presidio: A Multi-Layered Value Proposition
WHY PRESIDIO: A MULTI-LAYERED VALUE PROPOSITION INVESTMENT HIGHLIGHTS FREE OPTIONS — NOT PRICED IN CURRENT DIVIDEND Fixed & Expected to Grow Offers one of the highest dividend yields1 on NYSE at 10.9%, supported by stable PDP cash flows and clear growth framework. 4 1. As of 6/9/2026 closing share p
Slide 5: A World That Needs What We Have
A WORLD THAT NEEDS WHAT WE HAVE 5 PRESIDIO'S POSITIONING Our business model sits at nexus of most powerful and durable forces reshaping global energy landscape. We built for this moment — disciplined PDP economics · technology-enabled operations · capital structure designed to compound through cycle
Slide 6: Company History and Key Events
2017 2018-2020 2021-2024 2025 2026 Company founded by co- founders Will Ulrich and Chris Hammack in Fort Worth, TX Deployed $500MM into PDP acquisitions with Morgan Stanley Energy Partners Continuously optimized the asset base and developed one of the first uses of ABS capital Announced intention to
Slide 7: Asset and Acquisitions
ASSET AND ACQUISITIONS A) NYSE: FTW
Slide 8: Presidio Asset Overview
8 Presidio asset Predictable, hedged cash flow with strong margins Over 2,300 operated wells across the Anadarko Basin of Texas, Oklahoma and Kansas 100% PDP-focused, low- decline, long-life assets Note: Current production and revenue as of 1Q 2026 10-Q CURRENT REVENUE MIX 27% NGL 16% Oil 57% Gas 21
Slide 9: Acquisition Pipeline
ACQUISITION PIPELINE 9 Source: Company materials, Enverus Note: All figures shown are illustrative projections based on management estimates and assumptions. They do not constitute offers, commitments, or binding agreements and are provided solely to illustrate potential acquisition opportunities Ac
Slide 10: Canyon Creek Acquisition Overview
CANYON CREEK ACQUISITION OVERVIEW Canyon Creek establishes Presidio's operated footprint in the Arkoma basin and is expected to support dividend increase from $1.35 to $1.50 per share on an annualized basis1 $1.50 $1.35 STRATEGIC FIT FINANCING DIVIDEND ACCRETION "Land and Expand" strategy into adjac
Slide 11: Illustrative Acquisition Economics
ILLUSTRATIVE ACQUISITION ECONOMICS 11 CONTINUOUS OPTIMIZATION Rigorous Cost, Production, and Revenue Initiatives · Effective Commodity Hedging · Upside Monetization · Proprietary AI Deployment · Scaled LOE, Production, and Marketing Enhancement ASSET-LEVEL RETURN Return at acquisition, prior to Pres
Slide 12: Operational Excellence: How We Create Efficiency
Take over field operations day 1 OPERATIONAL EXCELLENCE: HOW WE CREATE EFFICIENCY A PLAYBOOK WRITTEN IN THE ANADARKO BASIN - PORTABLE ACROSS THE U.S. 32% Avg OPEX improvement month 1 Presidio applies disciplined, data-driven playbook to modernize acquired oilfield operations. Oil and gas assets tran
Slide 13: The Operating Playbook: Six Levers
THE OPERATING PLAYBOOK: SIX LEVERS COMPRESSION RIGHT-SIZING 28% compression cost reduction · Month 1 Legacy operators oversize compression for peak capacity and never right-size as production evolves. We audit every compressor and downsize where appropriate. CHEMICAL MANAGEMENT 39% chemical cost red
Slide 14: Asset Intelligence
ASSET INTELLIGENCE A) NYSE: FTW.
Slide 15: Asset Intelligence: The Asymmetric Upside
15 2026 TARGET 3–5% Production Growth Without a single dollar of capital expenditure. Through intelligence. YTD: ~1% achieved. ASSET INTELLIGENCE: THE ASYMMETRIC UPSIDE FTW TECHNOLOGIES Formed in 2020 to put data behind every operating decision. • Proprietary well intelligence layer trained on milli
Slide 16: Presidio: AI Deployment Underway
PRESIDIO: AI DEPLOYMENT UNDERWAY 16 THE STRATEGIC PIVOT: AI is live in well surveillance and production intelligence today. • Technology as supporting tool • Efficiency Group running discrete projects • AI platform as background initiative • Manual surveillance on most wells • Analyst-dependent data
Slide 17: AI Philosophy: People at the Center
AI PHILOSOPHY: PEOPLE AT THE CENTER PRESIDIO'S AI PHILOSOPHY: Make every employee dramatically more powerful. Amplification, Not Automation The right infrastructure, tools, and mindset can make every Presidio employee an order of magnitude more productive. Presidio Astronauts First class of AI ambas
Slide 18: 2026 Goal: 3–5% Production Uplift from AI
2026 GOAL: 3–5% PRODUCTION UPLIFT FROM AI 3-5% Production uplift target from AI deployment ~2,300 Wells on intelligence platform $2.5MM Value of each 1% uplift per year at $30/BOE $0 New drilling required to hit target HOW WE HIT IT THE FLYWHEEL Canyon Creek (Arkoma Basin, ~21.4 MMcfe/d, 55 wells) i
Slide 19: Appendix: Corporate Information
APPENDIX CORPORATE INFORMATION
Slide 20: Management Team and Board of Directors
MANAGEMENT TEAM AND BOARD OF DIRECTORS 20 Chris Hammack Co-CEO and Director Trinity River Energy Atlas Energy Range Resources Texas A&M Will Ulrich Chairman and Co-CEO Atlas Energy UBS Investment Bank Harvard College John Brawley EVP & CFO Maverick Natural Resources SandRidge Energy Guggenheim Partn
Slide 21: Capital Structure & Dividends
CAPITAL STRUCTURE & DIVIDENDS 21 Strong Balance Sheet $65MM RBL Commitment 1Q 2026 Special Dividend • Presidio paid special dividend of $0.10125 for first quarter of 2026 • Dividend reflects pro rata amount for period from March 5, 2026, first day following date of closing of Company's business comb
Slide 22: Hedging
HEDGING 22 2Q26 3Q26 4Q26 1Q27 2Q27 3Q27 4Q27 2028 2029 Beyond Oil Swaps1 Volume (MBbl) 274 272 265 254 247 241 236 883 753 933 Avg. Strike Price ($/Bbl) 57.35 59.90 60.51 87.95 108.29 100.71 88.09 63.14 67.55 64.38 Natural Gas Swaps Volume (BBtu) 6,264 6,208 6,089 5,808 5,599 5,524 5,421 20,523 17,
Slide 23: Anticipated Dividend Timeline
ANTICIPATED DIVIDEND TIMELINE 23 • Accelerated Q1 special dividend • Regular dividend schedule to coincide with earnings going forward (other than 4Q) 1Q 2026 Special 2Q 2026 3Q 2026 4Q 2026 1Q 2027 Declaration Date 4/14/26 8/11/26 11/12/26 2/12/27 5/12/27 Record Date 5/4/26 8/31/26 12/2/26 3/4/27 6
Slide 24: Appendix: Optimization Case Studies
APPENDIX OPTIMIZATION CASE STUDIES
Slide 25: Labor Modernization: Lean Empowered Field
LABOR MODERNIZATION: LEAN EMPOWERED FIELD 25 Revamping field operations through empowerment, accountability, and technology: Interview 100% of field staff using standardized evaluation process to retain top talent Flatten field structure with asset managers, techs (super pumpers), and pumpers for fa
Slide 26: Pump-by-Exception: Turning Data into Field Action
Pumpers focused only where value or risk existed PUMP-BY-EXCEPTION: TURNING DATA INTO FIELD ACTION 26 Old Route (27 wells) New Route (50 wells) HIGHER PRODUCTIVITY PUMPER STRATEGY Legacy: Daily visits to every well PBE: Visit top 20% of wells by cash flow every day and the rest only if alerted, resu
Slide 27: Optimization: Compression & Artificial Lift
A c q u i s i t i o n C a s e s t u d y M o n t h 1 : R e d u c t i o n I n C o m p r e s s i o n E x p e n s e ↓28% OPTIMIZATION: COMPRESSION & ARTIFICIAL LIFT 27 INCREASED UPTIME Lowered artificial lift depths to minimize downtime and improve drawdown RIGHT-SIZED COMPRESSION Removed or downsized c
Slide 28: Chemical Management: Standardizing for Efficiency
CHEMICAL MANAGEMENT: STANDARDIZING FOR EFFICIENCY 28 R E D U C T I O N I N C H E M I C A L E X P E N S E ( 2 0 2 3 - 2 0 2 4 Y o Y ) ↓39% Presidio replaced vendor-run chemical programs with internally managed, data-informed model. Reducing costs and improving performance consistency across the field
Slide 29: 2025 Workover Program: Capital Discipline in Action
2025 WORKOVER PROGRAM: CAPITAL DISCIPLINE IN ACTION SMART CAPITAL Prioritized wells with highest return potential using data- driven diagnostics MEASURABLE UPLIFT Executed in tranches to enforce capital discipline and validate performance REPEATABLE MODEL Standardized planning and vendor control to
Slide 30: Development: Bringing Value Forward
DEVELOPMENT: BRINGING VALUE FORWARD 30 Over $100MM in value realized since inception with zero capital risk. Flexible capital and operating structures allow Presidio to scale with partners and deliver growth without incremental overhead or risk. STRUCTURED JOINT VENTURES Built and executed JV framew
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