Npk International Inc. · NYSE:NPKI
Npk International — Newpark Resources — Investor Presentation (February 2016)
19 slides from Npk International's investor presentation, Feb 23, 2016
Slide 1: Newpark Resources Presentation February 2016
Newpark Resources Presentation February 2016 NYSE: NR
Slide 2: Forward-looking statements
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including Newpark's strat
Slide 3: Consolidated Revenues and Segments
Revenues ($ millions) Consolidated Revenues $1118 $1,042 2010 «2011 «2012, 2018 «2014 2015 Revenue by Segment ~ Wi Fluids Systems [_] Mats and Integrated Services 2015 > Operating Segments: > Fluids Systems > Mats and Integrated Services > Customer markets: > Oiland Gas exploration > Mats expandingi
Slide 4: Expanding Global Presence
Qecveerr — EXPANDING GLOBAL PRESENCE 2015 Revenue by Region HBB contract award to beginin 2016
Slide 5: Fluid Systems Overview
Revenues($ millions) FLUID SYSTEMS OVERVIEW Total Segment Revenues $799 $598 2009 2010 2011 2015 Revenue by Region 3% $965 seco S226 581 2012 2013 «2014 «(2015 DUS. DCanada MEMEA Dlatin America. DAPAC > Largest independent drilling fluids provider > 34 largest drilling fluids company worldwide” > Se
Slide 6: North American Revenues
North American Revenues ta > Revenues impacted by sharp decline in drilling activity and operators reducing well seis S654 $585 3 eat expenditures £ $300 “$200 > Service quality and focus driving “ share gains in a difficult market 2009 2010 «201120122013 20182015 environment NAM U.S Rig Count & Mar
Slide 7: Expansion into Deepwater GOM
NEWPARK EXPANSION INTO DEEPWATER GOM Deepwater foundation established in Brazil > Expanded into Black Sea in 2014 > Uruguay ultra-deepwater project in 2016 Deepwater market penetration aligns with efforts to expand IOC/NOC relationships > Newpark recognized as “best in class” fluids alternative to i
Slide 8: Fluid Systems - International
NEWPARK — FLUID SYSTEMS - INTERNATIONAL International Revenues > International expansion is key to our strategy > More stable than NAM > Longer term contracts > Largely lOC’s/NOC’s > Few competitors Revenues [1 impact of Currency > Key contract awards have driven growth in EMEA region 2009-2010 «201
Slide 9: Mats & Integrated Services Overview
NEWPARK MATS & INTEGRATED SERVICES OVERVIEW Total Segment Revenues Leading provider of engineered worksite solutions Patented technology and size of composite mat rental fleet provide competitive advantage Revenues include rentals and sale of DURA-BASE composite mats > Matsales targeted to internati
Slide 10: Mats & Integrated Services Strategy
NEWPARK — MATS & INTEGRATED SERVICES STRATEGY > Key investments made to support future growth > Manufacturing capacity expanded > R&D center completed > Transform wellsite offering to system solution, driving lowest cost to operators > Defender Spill Containment System > Mobile Cleaning System > Oth
Slide 11: Cash Flow Summary and Short-Term Actions
Cash Flow Summary > Short-Term Actions Operating Investing 1 Financing nen a $200 > Actively monitoring and adjusting $150 cost structure to match current $100 activity levels $50 > Maximize liquidity through continued working capital $0 . reductions ($50) > Minimize capital investments ($100) beyon
Slide 12: Appendix
APPENDIX
Slide 13: Consolidated Statements of Operations
(Unaudited) ‘Three Months Ended ‘Twelve Months Ended December 31, Sepiember30, December 31, December 31, December 31, (Ga thousands, except per share data) 2018 2015, 2014 2015 2014 Revenues S 19587 $ 154170 $306,162 S$ OT6865 $1,118,416 Cost of revenues 141.941 138,283 237067 $99,013 876999 Selling
Slide 14: Segment Revenues and Operating Income
(Wnaudited) Three Months Ended December 31, September 30, December 31, (in thousands) 2015 2015 2014 Revenues Fluids systems $130,125 138,765 261,029 Mats and integrated services 20,462 15,405 45,133 Total revenues S 150587 154,170 306,162, Operating income (loss) Fluids systems (1) S$ (83599) (1.24
Slide 15: Consolidated Balance Sheets
Waauéited) Decenber 31, Decenber 31, (Ga thousands, except share data) 2015 2014 ASSETS Cashand cash equivalents S$ BS 85052 Receivables, ast 206.364 318,600 Inventors 18.67 196,556 Prepaid apenses and other cuent ast. 23219 2615 Totaleument assets 06378 an Property, plant and equipment azt 307,62 2
Slide 16: Consolidated Cash Flows
(Gathourends) 2015, 201 (Cash flows from operating acts ‘Net nome (bss) Soom) 6s ze ‘Ajstments to concib natincome to net cath provided by operstions: Iopatments snd othernon-<ash chareee 75508 : Depreciation 2nd amecciaton 43917 2.00 ‘Stockbasee compensation apanse am m4 Provision fordefenad income
Slide 17: Management Team
Paul Howes Gregg Piontek Mark Airola Bruce Smith Jeff Juergens President & CEO VP & CFO SVP, GC & Admin Officer President Fluids Systems President Mats & Integrated Services v
Slide 18: Management Biographies
Paul L. Howes, President & CEO: Paul joined Newpark’s Board of Directors and was appointed its Chief Executive Officer in March 2006. In June 2006, Mr. Howes also was appointed as Newpark’s President. Mr. Howes’ career has included experience in the defense industry, chemicals and plastics manufactu
Slide 19: Management Biographies (continued)
Bruce C. Smith, Executive VP and President Fluids Systems: Bruce joined Newpark in April 1998 as Vice President, International. Since October 2000, he has served as President of its subsidiary Newpark Drilling Fluids, L.P. Prior to joining Newpark, Mr. Smith was the Managing Director of the U.K. ope
Newpark Resources — Investor Presentation (February 2016) on 6ix