Helmerich & Payne, Inc. · NYSE:HP
Helmerich & Payne — Non-Deal Roadshow (October 2014)
12 slides from Helmerich & Payne's roadshow presentation, Oct 6, 2014
Slide 1: Helmerich & Payne, Inc. Investor Relations Meetings
Helmerich & Payne, Inc. Investor Relations Meetings October 6, 2014
Slide 2: Forward-looking Statements
Statements within this presentation are “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, and are based on current expectations and assumptions that are subject to risks and uncertainties. All statements other than statements of hi
Slide 3: Ongoing U.S. Land Market Trends
Ongoing U.S. Land Market Trends Increasing market demand for AC drive rigs Slightly improving spot market pricing Continued customer focus on drilling efficiency, technology and safety Conversations with customers for additional new build orders continue
Slide 4: H&P Activity as of September 30, 2014
H&P Activity as of September 30, 2014 Rigs Working/ Contracted 294 293 1 9 28 331 Rigs Available 338 305 33 9 36 383 40 423 % Contracted 87% 96% 3% 100% 78% 86% U.S. Land AC Drive FlexRigs SCR Fleet Offshore International Land Total FlexRig Construction Total Fleet 5 of the 305 AC Drive FlexRigs are
Slide 5: H&P's U.S. Land Fleet Activity
H&P’s U.S. Land Fleet Activity (1) (1) Includes completed new builds pending delivery and not generating revenue days.
Slide 6: Leading U.S. Unconventional Driller
Leading U.S. Unconventional Driller * Includes 40 announced new FlexRigs with customer commitments scheduled for delivery in fiscal 2015. (334 H&P Contracted Land Rigs as of 9/30/14*)
Slide 7: H&P's International Land Operations
H&P’s International Land Operations Rig Fleet Status (as of September 30, 2014) Active In-Transit Idle Total Argentina 7 6 1 14 Bahrain 3 3 Colombia 5 3 8 Ecuador 4 2 6 Mozambique 1 1 Tunisia 2 2 U.A.E. 2 2 Total 22 6 8 36
Slide 8: New Build FlexRigs
New Build FlexRigs 83 new FlexRig contracts announced during fiscal 2014 43 of the 83 announced new FlexRigs have already been delivered Building at a cadence of four FlexRigs per month Flexibility in managing our own production cadence allows us to swiftly respond to changing levels of FlexRig dema
Slide 9: Growth / Decline in U.S. Lower 48 Rig Activity
Growth / Decline in U.S. Lower 48 Rig Activity As of 9/30/14 *Represents average active rigs for NBR, PTEN, and UNT.
Slide 10: Active U.S. Land Rigs by Rig Type
Active U.S. Land Rigs by Rig Type Note: The above estimates corresponding to rig activity are derived from multiple sources including Rig Data, Smith Bits, and corporate filings. Additionally, the drawworks capacity of each land rig included in the above analysis was equal to or greater than 600 hor
Slide 11: Marketed AC Drive Rig Market Share
Marketed AC Drive Rig Market Share Note: The above estimates corresponding to U.S. Lower 48 AC Drive fleets are derived from RigData and corporate filings, and correspond to existing AC drive rigs as of the second quarter announcements of calendar 2014.
Slide 12: End of Document
End of Document