Propetro Holding Corp. · NYSE:PUMP
Propetro — Q2 2017 Earnings Presentation
13 slides from Propetro's earnings presentation, Aug 9, 2017
Slide 1: 2017 Q2 Earnings Presentation
2017 Q2 Earnings Presentation August 9, 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 Permian Basin Update 2017 Q2 Operational Highlights Fleet Expansion Initiative 2017 Q2 Financial Review 2017 Capital Sp
Slide 4: 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 4 Healthy Frac Demand Outpacing HHP Capacity – Driven by Recent E&P Acquisitions and Attractive Economics Increasing Pricing Le
Slide 5: 2017 Q2 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 5 Significant financial improvement vs Q1 - Revenue of $213.5 MM (24% increase) - Net income of $4.9 MM - Adjusted EBITDA of $30.
Slide 6: 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 6 Hydraulic Fracturing (~690,000 HHP by Year End) Cementing – Deployed first new-build unit in June – Second new-build unit to
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: 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 8 CONSOLIDATED & SEGMENT FINANCIALS
Slide 9: 2017 Cap-Ex Spending & Economics
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 2017 CAP-EX SPENDING & ECONOMICS Description FYE ‘17 6 New Frac Fleets (less one 2016 deposit) $165 - $170 Additional Tier 2 Engi
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: 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 12 RECONCILIATION OF ADJUSTED EBITDA
Slide 13: 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 13 Corporate Headquarters: 1706 S. Midkiff, Bldg. B Midland, TX 79701 432.688.0012 www.propetroservices.com Investor Relations: Sam