INVESTOR PRESENTATION TSX : SDY OIL & GAS l PIPELINE l - - PowerPoint PPT Presentation

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SEPTEMBER 12, 2018 INVESTOR PRESENTATION TSX : SDY OIL & GAS l PIPELINE l POWER l MINING l CONSTRUCTION PAGE FORWARD LOOKING STATEMENTS This presentation contains statements and information that constitute forward-looking


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INVESTOR PRESENTATION

OIL & GAS l PIPELINE l POWER l MINING l CONSTRUCTION TSX : SDY

SEPTEMBER 12, 2018

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FORWARD LOOKING STATEMENTS

This presentation contains statements and information that constitute forward-looking statements. These statements relate to future events or to the Company’s future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from future results, levels of activity, performance or achievements expressed or implied by such forward- looking statements. The use of the words “expect”, “plan”, “continue”, “estimate”, “anticipate”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “may”, or “will” and similar expressions are intended to identify forward-looking information or statements. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this presentation. The forward-looking information and statements included in this presentation are not guarantees of future performance and should not be unduly relied upon. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated and described in the forward-looking
  • statements. Such information and statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking information or statements. These factors include, but are not limited to, such things as the impact of general industry conditions, fluctuation of commodity process, industry competition, availability of qualified personnel and management, stock market volatility and timely and cost effective access to sufficient capital from internal and external sources. The risks outlined above should not be construed as exhaustive. Although management of the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Accordingly, readers should not place undue reliance upon any of the forward-looking information in this
  • presentation. All of the forward looking statements of the Company contained in this presentation are expressly qualified, in their entirety, by this cautionary
  • statement. Except as required by law, the Company disclaims any intention or obligation to update or revise any forward-looking information or statements, whether
the results of new information, future events or otherwise. 2
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WHAT WE DO

EQUIPMENT RENTALS

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INDUSTRIAL MATTING

PAGE
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EQUIPMENT RENTALS

6,100

PIECES

4

$86M

ASSET NBV

A critical vendor of scale

  • 1. EcoPonds (large fluid storage)
  • 2. Pipe Tubs
  • 3. Pipe Racks
  • 4. Well-Site Trailers
  • 5. Sidewalk Matting
  • 6. Rig Matting
  • 7. Centrifuges + Solids Control
  • 8. Shale Bins
  • 9. Premix Tank
  • 10. 400 BBL Tanks
  • 11. Berm Containment System
  • 12. Light Towers
  • 13. Pumps (within Tanks)
  • 14. Stairs
  • 15. Generator
  • 16. Insulated Tanks
  • 17. Shed
*All figures as of June 30, 2018
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EQUIPMENT RENTALS

12

MONTHS

5 PAGE

150

PIECES

$5M

REVENUE

Colorado Drilling Project

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INDUSTRIAL MATTING

92,200

MATS

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Integral for larger infrastructure projects

$49M

ASSET NBV

*All figures as of June 30, 2018
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INDUSTRIAL MATTING

10

MONTHS

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22K

MATS

$25M

REVENUE

Alberta Transmission Line Project

INVESTOR PRESENTATION
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SOLID FINANCIAL PERFORMANCE

8

REVENUE & EBITDA

Margin profile supports strong cash-flow growth

*Average Analyst Estimates 2018 & 2019 0.0 50.0 100.0 150.0 200.0 250.0 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2013A 2014A 2015A 2016A 2017A 2018 Fcst* 2019 Fcst* Revenue $MM EBITDA $MM EBITDA Revenue
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DURABLE FINANCIAL PLATFORM

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Disciplined approach to balance sheet strength

CAPITAL ASSETS

$139M

Funded Debt to EBITDA 0.3

DEBT

$6.4M

PAGE *All figures as of June 30, 2018
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EQUATION FOR GROWTH

10
  • NCIB
  • Acquisitions
  • Capex

=

LOW DEBT + STRONG CASH-FLOWS

{ }

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SLIDE 11 PAGE 11 PAGE *Company estimate

NORTH AMERICA

MARKET SIZE*

$2B

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ENVIRONMENTAL SAFETY GROUND PROTECTION ACCESS

PAGE

Large Scale Infrastructure Projects

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SLIDE 13 PAGE INVESTOR PRESENTATION 13

POWER TRANSMISSION OIL + GAS PIPELINE CONSTRUCTION

PAGE
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STRONG GROWTH DEMAND FOR INDUSTRIAL MATTING

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We’re still at the front-end of a broad industrial adoption

*All numbers are Company estimates

700,000

CANADIAN FLEET +

3,000,000

AMERICAN FLEET

{ } =

$2B

N.A. MARKET SIZE

Industry growth in last 10 years (17% CAGR)

5x

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LARGE SCALE PROJECTS

DEMAND > SUPPLY

Trans Mountain Line 3 Keystone XL Coastal GasLink LNG Canada

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FRAGMENTED LANDSCAPE

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WESTERN CANADIAN PARTICIPANTS

STRAD

Robust opportunity for consolidation

PAGE

ACQUIRER OF CHOICE:

  • capital resources
  • debt
  • cash
  • equity
  • reputation
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OUR MOMENTUM

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Potential to double

  • ur matting fleet

by 2021

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3,000 92,200 180,000

2008 2018 2021

INDUSTRIAL MATTING FLEET

40.85% CAGR (2008 – 2018)

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SAFETY LOGISTICS SCALE RELIABILITY

PAGE
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INVESTING IN MATTING TO ACHIEVE HIGH RETURNS

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POTENTIAL TO DOUBLE FLEET BY 2021

$64M

SALES FIELD EQUIPMENT Scaling to capitalize on the matting opportunity

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RELENTLESS PURSUIT

MATTING l HIGH GROWTH l HIGH RETURN

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S T R A D E N E R G Y.C O M