Npk International Inc. · NYSE:NPKI
Npk International — Newpark Resources — Investor Presentation (November 2015)
23 slides from Npk International's investor presentation, Nov 12, 2015
Slide 1: Newpark Resources Presentation
Newpark Resources Presentation November 2015 NYSE: NR
Slide 2: Forward-looking statements
All stat "expects," “anticipates,” "plans," 2014, Coast, il www.sec.gov, as well as through our website.
Slide 3: Consolidated Revenues
Consolidated Revenues WH rattvear rst Nine Months First Nine Months 2015 Revenue by Segment Wi Fluids systems | | Mats and integrated Services > Operating Segments: Fluids Systems > Mats and Integrated Services > apes markets: > Oiland Gas Industry > Recent expansion into utilities market (Mats) > K
Slide 4: Contract awards to begin within months
= Hi contract awards to begin within 12 months
Slide 5: Fluids Systems Revenues
Revenues ($ millions) FLuIDs Sy: Total Segment Revenues $1.20 uit Year [NE Fiest Nine months $1,000 ME Fite ont ng S865 $800 wes) $600 $400 $200 $0 First Nine Months 2015 ~ Revenue by Region 3% |@US. Canada EMEA latin America DAPAC > Largest independent drilling fluids provider > 3° largest drilling
Slide 6: Technology and quality
quality > Worldwide Technology Center opened in 2013, serving as the foundation to our expanding canabiliies and new product developm: > Continuing to drive transition water-based drilling fluid cheuistry, including our vy patented Evolution® family of s > Investing in new product offerings to enhan
Slide 7: Patented Evolution system
> Patented Evolution system redi drilling cost Premium margin compared to traditional fluid systems plant and distribution warehouse for proprietary products drilling and customer tendency to seek lowest-unit cost product Evolution Revenues ull Year st Nine Months $110 Revenues ($ millions) 8 Revenu
Slide 8: Expansion into Deepwater GOM
¢ NEWPARK EXPANSION INTO DEEPWATER GOM 4 ‘enenie ae Black Sea in 2014 project in 2016 Newpark recognized as “best in class” een alternative to integrated service > : aeoson Gulf of Mexico shore base > > Launched Kronos™ in 2015, a suite of fluids Offshi Operations, with 30 yrs. of experience predomi
Slide 9: Fluids Systems - North America
FLUIDS SYSTE! North American Revenues $700 i sos $658 st Revenue ($ millions) 2009 2010 20112012 20132014 NAM U.S Rig Count & Market Share ‘mms NAM Rig Cou ware 2500 ) Seay 214 2,000 1,500 259 1,000 500 row 2013 2014 Fest Nine mont ‘source: BH and company data 600 $500 $400 $300 | $268 > Revenues im
Slide 10: Fluids Systems - EMEA
FLUID SYSTEMS - NA $278 2015 strategy > More stable than NAM > Longer term contracts > Largely 1OC’s/NOC’s > Few competitors > Key contract awards ales current EMEA year growth in gion > Kuwait > mera (Gras » Black Sea Deepwater > Continuing to gain momentum with rd recent awards > > Reb of Congo (E
Slide 11: Complete "next level" investments
Complete “next level” Oe srastractire' investments, preparing for eventual recovery > Strengthen our organizational capabilities by adding key > > ids focused” culture > Commitment to providing the resources require ed to become the recognized global leader in driling fluids > Hy light of cae compeu
Slide 12: Mats & Integrated Services
5 Na Se Mats & INTEGRATED SERVICES solutions > Patented seen and si mat rental fleet onary competitive advantag > pian neluge rentals and sale of JURA-BASE composite mats Mat sales taiaeted to international E&P and non-oil and gas customers c Total Segment Revenues 2009 2010 2011 2012 2013 2014 2015
Slide 13: Mats & Integrated Services Strategy
a (ove, Mats & INTEGRATED SERVICE STRATEGY > Key investments made to support future growth gro Manufacturing capacity expanded > R&D center nearing completion > Tran: wellsite offering to system solution, driving lowest cost to operators > es Spill Containment m > Nene Cleaning Syst > Ot > Diversify
Slide 14: Capital Deployment
CapiTAL DE Capital Deployment ‘=Capital Investments = Acquisitions LO Share Repurchases First Nine ‘Months 2015 Capital ee Total Debt mn # Debt to Book Capita Ratio 2012 2013 2014 03 2015 in ‘urn on invested capital > Balancing priorities through the cycl >» Near-term Focu: > Reduce working capital
Slide 15: Long-Term Focus
$1,200 Revenues ($ millions), LONG-TERM FOCUS Revenue and EBITDA ee Full Year first Nine! of consolidated events us. 5. Dring lg Type" directional > Short-Term Acti > Actively monitoring and adjusting the yess to current activity levels in rth Amerie > fatiee a iscretionary spending and .eking cost
Slide 16: Appendix
APPENDIX
Slide 17: Consolidated income statement
(i thousands except pr share data) “Taree Mot September 0, x 2018 Revenues Ss isu Cos ofr F Seng, generat and administrative expenses 25459 Other operating (income) bss, et oo) Cpcating income (oss) 028) (46) son asm as Foreign cumency exchange (sin) oss 326 40) ea 430 0) Interest pense net 2 24 230
Slide 18: Segment revenues and operating income
‘Three Months Ended June 30, September 30, September 30, (in thousands) 2015 2015 2014 Revenues Fluids systems S 138765 S$ 40344 S$ 251.234 Mats and integrated services 15.405 23,300 45.730 Total revenues 154,170 163.644 Operating income (loss) huids systems (1.246) (223) $27,756 (128) 6555 20541 of
Slide 19: Consolidated Balance Sheets
Slide 20: etch ose rely esting ates om
on etch ose rely esting ates om Ci and ca equa tnd pid S$ so “Ss _ 30
Slide 21: 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
Slide 22: Management biographies
Howes, President & CEO: Paul joined Newpark’s Board of Directors and was appointed its Chief #2006; nine 2005, Me Hones also We appolited #s Newpark reside inthe ni Paul L. Officer in Mare Executi lent. Mr, Howes career "has fice ry chemicals. company headquartered in St. Louis, Missouri, with opera
Slide 23: Management biographies
resident, Deena Since October 2000, he lavoeniad Sr resem OFS Soi ry Newpark bilingFuids, LP. Pris i Newpark, Mic Smith was the Managing Director ofthe UK. operations of Mv Swaco, a competitor of Newpark eting Flu uding their drilling fluids unit. Jeffery Newpark ris Integrated Services. Mr. Juergen
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