Flotek Industries, Inc. · NYSE:FTK
Flotek Industries — Investor Day (October 2012)
12 slides from Flotek Industries's investor day presentation, October 2012
Slide 1: Investor Days October 1-3, 2012: General Corporate Overview
Investor Days October 1-3, 2012 General Corporate Overview October, 2012 1
Slide 2: Forward Looking Statement Disclaimer
Forward Looking Statement Disclaimer Certain statements and information included in this presentation constitute “forward–looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on certain assumptions and analyses made by the Company
Slide 3: The Flotek Oilfield Technology Portfolio
The Flotek Oilfield Technology Portfolio Flotek is a Houston-based oilfield services company with focus on value-added drilling, completion and production products. We deliver our services through a network of field offices in key basins across North America and through strategic partnerships intern
Slide 4: Key Technology Drivers: Specialty Chemicals
Key Technology Drivers: Specialty Chemicals • Continued trend toward unconventional resources plays in North America and in international markets. • New product innovations: Research & development commitment leading to the “next generation” Complex Nanofluids (CnF) and other “on demand” chemistry so
Slide 5: Key Technology Drivers: Drilling Tools
Key Technology Drivers: Drilling Tools • Downhole tool growth in key regions including Oklahoma and Eagle Ford • Improvement in market share and pricing in drilling motors – focus on key regions including Barnett, Bakken & Eagle Ford. • Teledrift focus: Continued growth in domestic markets. Pricing
Slide 6: Key Technology Drivers: Artificial Lift
Key Technology Drivers: Artificial Lift • Key customer relationships in Powder River CBM. Flotek improved key customer relationships in 2010 which provided additional service revenue in 2011 even as natural gas prices tumbled.. • We have made significant progress in growing our oil exposure: • Succe
Slide 7: 2012 Business Objectives
2012 Business Objectives • Continued focus on improved marketing efforts Key objective to reach ultimate beneficiaries of property CnF chemistries. Combination of working with service companies and working independent of service companies to sell E&P companies on economic benefits of CnF. Increa
Slide 8: Flotek's Focus: A Deleveraging Oilfield Technology Growth Story
Flotek’s Focus: A Deleveraging Oilfield Technology Growth Story Flotek continues to further deleverage its balance sheet DebtDebt Balances, 2009-2012 Balances, 2009-2012 providing the company the ability $160,000 to both address its obligations $140,000 and fund its current growth from $120,000 inte
Slide 9: GAAP Earnings Per Common Share and Share Reconciliation
c GAAP Earnings Per Common Share and Share Reconciliation Three Months Ended June 30, Six Months Ended June 30, 2012 2011 2012 2011 Net income attributable to common stockholders - Basic………………………………………………………………………………………….. $ 13,178 $ 2,126 $ 16,784 $ 7,632 Impact of assumed conversions: Interest on
Slide 10: Computational Components of Basic and Diluted Earnings (Loss) Per Share
Computational Componentsof Basic and Diluted Earnings(Loss) Per Share Computational Componentsof Basic and Diluted Earnings(Loss) Per Share June 30, 2012 (in thousands) Conversion June 30, Rate QTD YTD 2012 2012 Net income (loss) - period (Income from Contuing Operations): $ 13,178,070 $ 16,783,642
Slide 11: Effective Tax Rate Reconciliation
Flotek IndustriesInc & Subs Effective Tax Rate Reconciliation Forecasted for Year Ended December 31, 2012 Income Tax Effective Tax Rate Estimate for FYEDecember 31, 2012 asof June 30, 2012 FITReporting FITReportingGroup 1 Group 1 FITReportingGroup 2 FITReportingGroup 2 (Flotek) ETR* (Flotek) ETR* (P
Slide 12: Investor Days October 1-3, 2012
Investor Days October 1-3, 2012 September, 2012 12