Patterson-uti Energy, Inc. · NASDAQ:PTEN
Patterson-uti Energy — Non-Deal Roadshow (November 2021)
15 slides from Patterson-uti Energy's roadshow presentation, Nov 30, 2021
Slide 1: Meetings With Investors
Meetings With Investors November 30, 2021
Slide 2: Forward Looking Statements
Forward Looking Statements This material and any oral statements made in connection with this material include "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Statements made which provide the Company’s or management’s intentions
Slide 3: Contract Drilling, Pressure Pumping, Directional Drilling
Contract Drilling Patterson-UTI Drilling is a leading provider of super-spec drilling rigs with a large footprint across U.S. drilling markets. Pressure Pumping Universal is a full-service pressure pumping company and a leading provider of hydraulic fracturing services, including Simul-Frac services
Slide 4: Q3 Earnings Call Main Points
Q3 Earnings Call Main Points Pioneer Acquisition PTEN closed on the Pioneer Energy Services acquisition, including 17 rigs in the U.S. and 8 rigs in Colombia Macro Outlook PTEN’s activity demand projection shows U.S. industry rig count could increase to 650-700 rigs in 2022 Leading edge day rates on
Slide 5: Drawworks up on rig floor design
“Drawworks up on rig floor” design has more clearance for walking over existing wellheads ® Advanced environmental spill control integrated into drill floor Integrated X-Y walking system can make “horseshoe” moves on existing pads Fast moving between pads operating system for performance improvement
Slide 6: Introducing Eco-Verse: Patterson-UTI's Sustainability Solution
g WECOverse Introducing Eco-Verse™ Patterson-UTI's Sustainability Solution PATTERSON-UTI
Slide 7: PTEN Sustainability Firsts
PTEN SUSTAINABILITY FIRSTS At Patterson-UTI we are committed to being a market leader in sustainability. 2018 2020 2006 2012 — = — = Acquired Controls and Deployed Eco-cell™ Introduced Developed and Fielded ‘Automation Specialists, Lithium Hybrid Power Hiline Power First Dual Fuel Frac Spread ‘Curre
Slide 8: Natural Gas Generators, Dual Fuel Frac, Lithium Batteries, Highline Power
100% Natural Gas Generators on Drilling Rigs Dual Fuel Frac Spreads Lithium Batteries on Drilling Rigs Highline Power Automated Engine Management Software
Slide 9: Natural gas engines run on 100% natural gas
Natural gas engines run on 100% natural gas Also able to utilize local natural gas infrastructure already available thereby reducing the need for diesel fuel transportation and consumption 65+ rigs have already been converted to enable the use of natural gas Dual fuel engines offer fuel flexibility
Slide 10: Tier IV spreads can substitute up to 85% natural gas
Tier IV spreads can substitute up to 85% natural gas Lowers emissions for environmental sustainability PTEN has completed more than 17,000 dual fuel fracturing stages, saving customers more than 13 million gallons of diesel
Slide 11: Highline Power in-house electrical engineering and installation
Patterson-UTI provides in-house electrical engineering, hardware packaging, and installation services to power our rigs off of electric utility lines This full-service offering enables our customers to utilize an optimal power solution on our drilling rig when it comes to emission impacts at the wel
Slide 12: Eco-Cell energy management system
Eco-Cell™ is an energy management system that uses stored energy to decrease the number of generators needed online, and keeps the generators running in the most efficient range where they produce the lowest emissions levels and best fuel economy Eco-Cell™ stores energy in lithium batteries when dem
Slide 13: Capitalization and net debt
5.15% senior notes due 2029 3.95% senior notes due 2028 Stockholders’ Equity 29% Net Debt / Total Cap Term loan due June 2022 $1,726 $50 $510 $349 * Balance sheet data as of September 30, 2021. The total debt balance does not reflect discount or debt issuance costs. Net Debt / Total Cap of 29% net o
Slide 14: Limited Near-Term Debt Maturities
LIMITED NEAR-TERM DEBT MATURITIES Debt Maturity Distribution ($ in millions) $510 500 450 400 350 300 250 200 150 100 50 $349 $50 A 2021 + =2022' 2023 2024 2025 2026 2027 2028 2029 Debt Maturity Year 1 Matces in June 2022 2 $600 million curconlly ovailable under undrawn revolving line of credit that
Slide 15: Patterson-UTI
@\ PATTERSON-UTI why Qearrensowus = QUNIVERSAL — PFS orecions —«sAswerorge «= <fecunmeny great pains
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