Malingaliro a magawo a STEP Energy Services Limited pa Q2 2022

CALGARY, Alberta, Ogasiti 10, 2022 (GLOBE NEWSWIRE) - STEP Energy Services, LLC ("The Company" kapena "STEP") ndiwokonzeka kulengeza kuti kutulutsa kwake kwa zotsatira zachuma za June 2022 kudzatsagana ndi kasamalidwe ka Discussion and Analysis (“MD&A”) ndi Zolemba Zachuma Zophatikizana Zosagwirizana Zosawerengeka za nthawi yomwe idatha pa 30 June 2022 (“Financial Statements”).Werengani pamodzi.Owerenga akuyeneranso kunena za malangizo azamalamulo akuti "Zoyang'ana Patsogolo ndi Zinenero" ndi gawo la "Miyeso ndi Magawo Osakhala a IFRS" kumapeto kwa chikalatachi.Ndalama zonse ndi miyeso yonse ikuwonetsedwa mu Dollar Canada pokhapokha ngati tawonetsa.Zambiri zokhuza STEP zikupezeka pa webusayiti ya SEDAR pa www.sedar.com, kuphatikiza Fomu Yachidziwitso Chapachaka cha Kampani cha chaka chomwe chinatha pa Disembala 31, 2021 cha pa Marichi 16, 2022 (“AIF”).
(1) EBITDA yosinthidwa komanso kuyenda kwa ndalama kwaulere sikuli kwa ndalama za IFRS, ndipo Adjusted EBITDA% ndi ndalama zomwe si za IFRS.Zizindikirozi sizinafotokozedwe ndipo zilibe mtengo wokhazikika malinga ndi IFRS.Onani miyeso ndi ma ratios omwe si a IFRS.(2) Tsiku la bizinesi limatanthauzidwa ngati ntchito iliyonse ya CT kapena hydraulic fracturing yomwe yamalizidwa mkati mwa maola 24, kupatula zida zothandizira.(3) Mphamvu zogwira mtima zimawonetsa gawo lomwe likugwira ntchito pamalo a kasitomala.15-20% ya mtengo uwu imafunikanso kuti pakhale kukonzanso kwa zida.
(1) Chuma chogwira ntchito, ngongole zonse zanthawi yayitali ndi ngongole zonse sizolinga zandalama za IFRS.Sakufotokozedwa pansi pa IFRS ndipo alibe tanthauzo lokhazikika.Onani miyeso ndi ma ratios omwe si a IFRS.
Q2 2022 Mwachidule Gawo lachiwiri la 2022 linali lopambana kwambiri pa STEP, zomwe zidapereka ndalama zabwino kwambiri m'mbiri ya kampani.Kufuna kwakukulu kwa ntchito m'madera onse aku Canada ndi US kudapeza ndalama zokwana $273 miliyoni ndi ndalama zokwana $38.1 miliyoni, zomwe zidasintha kwambiri kuyambira chaka chatha.Kampaniyo idapanganso $ 55.3 miliyoni mu EBITDA yosinthidwa ndi $ 33.2 miliyoni mukuyenda kwaulere kwa kotala, kusinthika mosasintha chaka ndi chaka.
Zochita mu gawo lachiwiri zidakumana ndi kusiyanasiyana pakati pa Canada ndi kumpoto kwa US, komwe kumakhudzidwa ndi nyengo yopuma masika ("kusokonekera"), ndi kum'mwera kwa US, komwe sikunakhudzidwe.Malingana ndi chiwerengero cha Baker Hughes, chiwerengero cha malo osungiramo malo ku Canada chinali 115 pa lalikulu mita.2022, kutsika ndi 40% qoq chifukwa chosagwirizana, koma kukwera 62% y/y.Mu kotala yachiwiri ya 2022, zida zapamtunda zaku US zidakwera mayunitsi 704, kukwera 11% kotala ndi 61% pachaka.Mogwirizana ndi kugwiritsidwa ntchito kocheperako, Canada ndi kumpoto kwa US zidagwiritsidwa ntchito pang'onopang'ono kuyambira pakati pa Epulo mpaka pakati pa Meyi, madera ena adagawanika kwambiri.
Kuyika kwamakasitomala okhala ndi nsanja zazikulu zokhala ndi porous kunapangitsa kuti mizere yoduka ya STEP ikuyenda bwino ku Canada ndi US mgawo lachiwiri, ndikuchita bwino ku Canada mothandizidwa ndi makasitomala ena akusuntha ntchito kuchokera kotala lachitatu mpaka gawo lachiwiri.Gwiritsani ntchito mitengo yokwera pothandizira zinthu..Kampaniyo idapopa matani 697,000 a mchenga m'masiku 279 ogwira ntchito ku Canada ndi masiku 229 ogwira ntchito ku US.Kugwiritsiridwa ntchito kunali kukwera chaka ndi chaka m'madera onsewa, koma Canada yakhala ikucheperachepera pamene idagawanika.Gawo lopindika la machubu lidakhudzidwa kwambiri ndi ming'alu ku Canada ndi kumpoto kwa US, pomwe kugwiritsidwa ntchito kumatsika ndikutsika ndi 17% kotala ndi kotala.Machubu omangika anali ndi masiku 371 ogwira ntchito ku Canada ndi masiku 542 ogwira ntchito ku US.
Mitengo ku Canada yakhalabe yokhazikika poyerekeza ndi kotala yoyamba ya 2022, pamene mitengo yakwera chipika ndi chipika ku US, kumene tapeza phindu lowonjezera popereka zowonjezera ndi mankhwala kwa makasitomala ambiri.chinali chowonekera kwambiri.STEP idapititsa patsogolo kuwonjezereka kwa mtengo uku kwa makasitomala mgawo lachiwiri la 2022.
Zinthu zingapo zodziwika bwino mgawo lachiwiri la 2022 zidathandizira ndalama zokwana $38.1 miliyoni.Poyankha kulimba kwachuma kwazaka mpaka pano komanso malingaliro olimbikitsa, kampaniyo yasintha kuwonongeka kwa magawo opangira ndalama ku Canada pafupifupi $32.7 miliyoni yomwe idalandira mgawo loyamba la 2020. STEP ndalama zonse zolipirira chipukuta misozi zinali $9.5 miliyoni, pomwe $ 8.9 miliyoni adalipira ndalama zolipirira ndalama, zomwe zikuwonetsa chiwonjezeko pafupifupi 67% pamitengo yamakampani mgawo lachiwiri.gawo lachiwiri.
Kuchita bwino pazachuma kudapereka EPS yoyambira komanso yochepetsedwa ya $0.557 ndi $0.535, motsatana, mgawo lachiwiri la 2022, poyerekeza ndi $0.135 ndi $0.132 mchaka cham'mbuyomo ndi ndalama zonse, motsatana.Kutayika pagawo lililonse (loyamba ndi lochepetsedwa) pa nthawi yomweyi chaka chatha chinali $0.156.
Kampaniyo ikupitiliza kuyang'ana kwambiri pakulimbitsa mapepala ake mu gawo lachiwiri la 2022. Ndalama zogwirira ntchito zidakwera kufika $54.4 miliyoni kuchokera pa $52.8 miliyoni kuyambira pa Marichi 31, 2022. kuyambira pa Marichi 31, 2022, zomwe zidakhudzidwa pang'ono ndi kuchepa kwa ndalama zomwe amapeza kumapeto kwa gawo lachiwiri la 2022. Ngongole yamakampani yamakampani ku Bank Adjusted EBITDA ya 1.54: 1 ili pansi pa 3.00: 1 malire ndipo zimagwirizana ndi mapangano ena onse azachuma komanso osagwiritsa ntchito ndalama monga pa 30 June 2022.
Kumapeto kwa gawo lachiwiri la 2022, STEP idasintha ndikukulitsa mgwirizano wangongole.Mgwirizano womwe wasinthidwa ndikuwunikiridwa umapatsa STEP kusinthika kochulukira pakuwongolera ndalama zake posintha Term Facility kukhala Revolving Credit Facility ndikuwonetsetsa kukhazikika kwanthawi yayitali pokulitsa mpaka Julayi 2025.
OUTLOOKSTEP ikuyembekeza kukwera kwamitengo yamafuta ndi gasi kupitilira kumapeto kwa chaka chino mpaka 2023. Zowopsa zakusokonekera kwakanthawi kochepa m'misika yazachuma zidzakhalabe pomwe nkhawa zikupitilirabe, koma zofunikira pazachuma Msika wamafuta wakuthupi ukhalabe wamphamvu ndipo malipoti amakampani akuwonetsa kuti mafuta akuyembekezeka kukhalabe olimba mpaka 2023. Kusintha pakati pa misika yazachuma ndi yakuthupi kunathandizidwa ndi makasitomala a STEP, omwe sananene kuti kuchepa kulikonse kwantchito kunali chifukwa chakusakhazikika kwamitengo yaposachedwa.Mitengo ya gasi yachilengedwe ikuyembekezeka kukhalabe yokwera kwambiri mu 2023, mothandizidwa ndi chiwopsezo chapadziko lonse lapansi komanso milingo yosungira pazaka zotsika kwambiri zazaka zisanu.
Kampaniyo ikuyang'ana mwachidwi theka lachiwiri la chaka ndipo ikuyembekeza kuti kutsitsa kukhale kokhazikika.Gawo lachitatu la 2022 limayamba pang'onopang'ono, kulola kukonza zida kumalizidwa kotala lachiwiri la 2022, koma zochitika zimayamba pomwe kotala ikupita.Kampaniyo ikuyembekeza kuti m'gawo lachitatu, kuchuluka kwa ma hydraulic fracturing mu annulus ndi zitsime limodzi kudzakhala kokulirapo kuposa gawo lachiwiri la 2022. Kusintha kumeneku pakusakanikirana kwa ntchito kumayembekezeredwa kuti kukhalebe ndi mitengo yayikulu yogwiritsira ntchito, ngakhale kutsika pang'ono. malire chifukwa cha kuchepa kwachangu, pamene STEP inamaliza kumanga chitsime chachikulu cha mayiko ambiri mu Q2 2022. Kuwonekera kwawoneka bwino m'gawo lachinayi la 2022, kampani ikuyembekeza kuti makasitomala azikhala otanganidwa mu gawo lachinayi, ndipo kukambirana koyambirira ndi makasitomala akutsamira. kuwonjezeka kwa bajeti ya 2022 kuti amalize zitsime zowonjezera chaka chisanathe pomwe nkhawa zikupitilirabe.Kupezeka kwa zida mu 2023.
Mu theka loyamba la 2022, mitengo ikukumana ndi zovuta zakukwera kwamitengo komanso kuchepa kwa zinthu.Kampaniyo ikuyembekeza kusintha kwapang'onopang'ono mu theka lachiwiri la 2022, makamaka ku Canada, pomwe ochita mpikisano akuwonetsa kuthekera kwakukulu kolowera msika.Komabe, STEP ikukhulupirira kuti msika wamapampu waku Canada watsala pang'ono kufananiza ndipo sayembekezera kubweretsa zida zambiri pamsika mu 2022 mpaka kubweza kwathunthu kukwaniritsidwa.Mitengo ya US ikuyembekezeka kukwera kumapeto kwa chaka chifukwa osewera onse akuluakulu amsika akuwonetsa kuti zombo zawo zimagulitsidwa kumapeto kwa chaka.
Mawonekedwe a 2023 akuwoneka olimbikitsa.Chiwerengero choyembekezeredwa cha zida zobowola cha 2023 chikuyembekezeka kupitilira milingo ya 2022, ndipo kufunikira kwa mapampu a jakisoni akuyembekezeka kukwera moyenerera.Mu 2023, makampaniwa angafunike kubweretsa mwayi pamsika kuti akwaniritse zomwe akufuna, makamaka ku Canada ngati zokambilana za mgwirizano ndi anthu amtundu wa Blueberry River atsimikiza kuti atsegulenso gawo lawo kuti apitilize chitukuko.Zopereka sizikhalabe zocheperako, STEP idatero, chifukwa kuchuluka kwazachuma kwamakampani kungafunike ndalama zambiri kuti zisinthe kuchoka pakuyima kupita kuntchito.Unyolo waposachedwa komanso kuchepa kwa ntchito komwe kukuyembekezeka kupitilira mpaka 2023 zitha kusokoneza kuyambiranso.Kutsatira makampani akumtunda, opereka chithandizo omwe adalembedwa akuyang'ananso phindu komanso ma metric ofunikira aulere, kampaniyo idatero.Yang'anani pa kuchotseratu tsamba la balance ndikupereka mtengo kwa omwe ali ndi masheya.
Kwa nthawi yotsala ya 2022 ndi 2023, STEP idzayang'ana kwambiri pakupanga ndalama zaulere.Zotsatira zamphamvu zomwe zidanenedwa mgawo lachiwiri la 2022 zidathandizira cholinga cha kampaniyo chochepetsera kuchuluka kwa ndalama komanso kupanga ndalama mwadongosolo kuti zithandizire zolinga za STEP zomanga kampani yokhazikika ndikupanga phindu la eni ake.Canadian Financial and Operational Review.
STEP ili ndi machubu 16 opindika pa WCSB.Machubu opangidwa ndi kampaniyi adapangidwa kuti azipereka zitsime zakuya za WCSB.STEP's hydraulic fracturing operations imayang'ana kwambiri madera akuya komanso ovuta kwambiri ku Alberta ndi kumpoto chakum'mawa kwa British Columbia.STEP ili ndi mphamvu ya 282,500 hp, yomwe pafupifupi 132,500 hp ndi mafuta apawiri.Makampani amatumiza kapena kuyika machubu osagwira ntchito kapena mphamvu ya hydraulic fracturing kutengera kuthekera kwa msika kusungitsa ntchito zomwe akufuna komanso kubweza chuma.
(1) Kusintha kwa EBITDA ndi Free Cash Flow si njira zachuma za IFRS, ndipo Peresenti Yosinthidwa ya EBITDA ndi Daily Revenue si njira zachuma za IFRS.Sakufotokozedwa pansi pa IFRS ndipo alibe tanthauzo lokhazikika.Onani miyeso ndi ma ratios omwe si a IFRS.(2) Tsiku la bizinesi limatanthauzidwa ngati ntchito iliyonse ya CT kapena hydraulic fracturing yomwe yamalizidwa mkati mwa maola 24, kupatula zida zothandizira.(3) Mphamvu zomwe zilipo zikuwonetsa kuti mayunitsi akugwira ntchito pamalo ogwirira ntchito a kasitomala.Wina 15-20% ya ndalamayi imafunika kuti zitsimikizidwe zokonza zida.
Kuyerekeza kwa Q2 2022 ndi Q2 2021 Revenue kwa miyezi itatu yomwe idatha June 30, 2022 inali $ 165.1 miliyoni poyerekeza ndi $ 73.2 miliyoni m'gawo lachiwiri la 2021. Ndalama zawonjezeka chifukwa cha kuwonjezeka kwa ntchito zamakampani.Chiwerengero cha masiku hydraulic fracturing chawonjezeka kuchokera masiku 174 mgawo lachiwiri la 2021 mpaka masiku 279 mgawo lachiwiri la 2022, mwina chifukwa cha kutsika pang'ono kwa kuthamanga kwa gawo lapitalo, koma makamaka chifukwa cha ntchito yowonjezera pad mu izi. kotala.Kuyang'ana kwambiri pa magwiridwe antchito a kotala kunapangitsa kuti magwiridwe antchito azigwira ntchito bwino komanso kuchuluka kwa jakisoni, zomwe zidapangitsa kuti pakhale ndalama zambiri zatsiku ndi tsiku poyerekeza ndi gawo lachiwiri la 2021. Masiku ophatikizika amachubu adakwera kuchoka pa masiku 304 mu Q2 2021 mpaka masiku 371 mu Q2 2021, ndi ndalama. pa tsiku kukwera pang'ono ndi 13%.
Ndalama zoyendetsera ntchito zimawonjezeka pamene ntchito zikuwonjezeka.Kusintha kwamalipiro oyambira ndi zolimbikitsira kuti akhalebe opikisana pamsika wapano, komanso kubwezeretsedwa kwa zopindulitsa zosiyanasiyana ndi zopindulitsa zomwe zidachotsedwa mu 2020 kuti zichepetse ndalama, zapangitsa kuti ndalama za ogwira ntchito ziwonjezeke.Kutsika kwa mitengo ya zinthu kunakhalabe vuto kotala ino chifukwa kusokonekera kwa kagayidwe kazinthu, kukwera kwamitengo yazinthu komanso kuchuluka kwa ntchito zamakampani kudakweza ndalama m'magulu onse omwe amawononga ndalama.Selling, general and administrative (SG&A) ndalama zoyendetsera ntchito komanso mtengo wake zidakwera poyerekeza ndi gawo lachiwiri la 2021 kuti zithandizire kukwera kwa ntchito zakumunda, komabe kampaniyo ikuyembekeza kuti ipitilizabe kusunga ndalama zowonda, kuthandizira kukula kwabizinesi.
EBITDA yosinthidwa inali $ 39.7 miliyoni (24% ya ndalama) m'gawo lachiwiri la 2022 poyerekeza ndi $ 15.6 miliyoni (21% ya ndalama) m'gawo lachiwiri la 2021. EBITDA yosinthidwa idakwera chifukwa cha mitengo yokwera komanso kugwiritsidwa ntchito chifukwa chakuyenda bwino kwa malo ogwirira ntchito, pang'onopang'ono kuchepetsedwa ndi mitengo yokwera chifukwa cha kukwera kwa mitengo yamtengo wapatali.Mugawo lachiwiri la 2021, pulogalamu ya CEWS idalandira $ 1.8 miliyoni.
Canada hydraulic fracturing ndalama kwa miyezi itatu inatha June 30, 2022 inali $140.5 miliyoni, kukwera 154% kuchokera $55.3 miliyoni kwa miyezi itatu yomwe inatha June 30, 2021.poyerekeza ndi mayunitsi anayi am'mbuyomu ndi 200,000 hp.m'gawo lachiwiri la 2021. Chiwerengero cha masiku ophwanyidwa chinawonjezeka kuchoka pa masiku 174 mu Q2 2021 kufika pa masiku 279 mu Q2 2022 pamene zofunikira zamakampani zidalimbikitsa ntchito ya pedi mu kotala yocheperako chifukwa cha malo osungiramo madzi.Ndalama zatsiku ndi tsiku zidakwera poyerekeza ndi nthawi yomweyi mu 2021 popeza kuchuluka kwa ntchito zamapadi kunapangitsa kuti pakhale phindu komanso kukhazikika kwamisika komwe kumapangitsa mitengo yabwino.
Coiled Tubing Kwa miyezi itatu yomwe inatha pa June 30, 2022, makampani ophatikiza ma chubu aku Canada adapeza ndalama zokwana $24.6 miliyoni, zomwe zidakwera 38% kuchokera pa $17.8 miliyoni m'miyezi itatu yomwe idathera pa June 30, 2021. kotala, yomwe ikugwira ntchito masiku 371 mpaka 2022, poyerekeza ndi mayunitsi asanu ndi awiri ndi masiku 304 ogwira ntchito panthawi yomweyi mu 2021. Kugwiritsa ntchito kwambiri kunathandiza kukweza mitengo mu kotala pamene ntchito yoboola ndi kumaliza ikukwera komanso kufunika kwa mautumiki owonjezera kukwera.
Ndalama za Q2 2022 QoQ 2022 m'miyezi itatu yomwe idatha pa Juni 30, 2022 inali $ 165.1 miliyoni, kukwera 13% kuchokera pa $ 146.8 miliyoni kotala yomwe idatha pa Marichi 31, 2022 chifukwa chakusintha kwa magwiridwe antchito ndi mitengo.Mfundo zazikuluzikulu zamitengo yazinthu zapangitsa kuti ntchito zamakampani zizitsika pang'onopang'ono kotala ino chifukwa kusakhazikika kumachepetsa mphamvu ya kampani yosuntha zida.
Bizinesi yaku Canada idasintha EBITDA inali $ 39.7 miliyoni (24% ya ndalama) mgawo lachiwiri la 2022, poyerekeza ndi $ 31.9 miliyoni (22% ya ndalama) mgawo loyamba la 2022. Kupsinjika kwa inflation kukupitilizabe kukulitsa bizinesi mu gawo lachiwiri la 2022 monga mitengo yamtengo wapatali, kusokonekera kwa mayendedwe azinthu ndi zovuta zogwirira ntchito zimakweza mtengo.STEP imayang'anitsitsa kukwera kwa mitengo kuti iwonetsetse kuti zotsatsa ndi mitengo zikuwonetsa kukwera kwamitengo uku, ndipo ingagwire ntchito ndi makasitomala kuti akweze mitengo kuti apewe kutsika mtengo.
FracturingSTEP ili ndi magawo asanu a 215,000 hp hydraulic fracturing unit.m'gawo lachiwiri la 2022, mwachitsanzo, chiwerengero chofanana cha omwe adayikapo ngati m'gawo loyamba la 2022. Mfundo zazikuluzikulu zamakampani zimalola STEP kukhala ndi chiwongoladzanja chogwiritsidwa ntchito kwambiri pakati pa antchito akuluakulu omwe amagwira ntchito m'madera omwe amayendera gasi m'madziwe omwe nthawi zambiri amachedwa.Masiku onse ogwira ntchito adatsika ndi 29% motsatizana, koma ndalama zidakwera mpaka $140.5 miliyoni, kukwera 18% motsatizana.STEP idatulutsa matani 358,000 a proppant mgawo lachiwiri la 2022, poyerekeza ndi matani 323,000 mgawo loyamba la 2022.
Kukwera kwamitengo komwe kudayamba kotala loyamba la 2022 kudapitilira gawo lachiwiri la 2022, kuphatikizidwa ndi jekeseni wowonjezera komanso kuwongolera magwiridwe antchito a zitsime, zomwe zidabweretsa ndalama zambiri tsiku lililonse.
Coiled Tubing Bizinesi ya Coiled Tubing, yomwe imagwiritsa ntchito magawo asanu ndi atatu opangidwa ndi ma chubu, idapanga ndalama zokwana $ 24.6 miliyoni m'masiku a bizinesi 371 mgawo lachiwiri la 2022 poyerekeza ndi $ 27.8 miliyoni m'masiku a bizinesi 561 mgawo loyamba la 2022.Mitengo yakhala ikuyenda bwino kuyambira kotala loyamba la 2022, ndipo ndalama zikukwera tsiku ndi tsiku chifukwa chakusintha kwantchito komanso kufunikira kowonjezera kwa ntchito zina.
Zopeza m’miyezi isanu ndi umodzi zomwe zinatha pa June 30, 2022 zinali $311.9 miliyoni poyerekeza ndi $182.5 miliyoni m’miyezi isanu ndi umodzi yomwe inatha pa June 30, 2021. Ndalamazo zinayendetsedwa ndi kugwiritsiridwa ntchito kwapamwamba ndi ntchito zamitengo m’mautumiki onsewo chifukwa cha kukula kwa mafakitale.Chiwerengero cha masiku ophwanya ma hydraulic fracturing theka loyamba la 2022 chinakwera kufika pa 674 kuchokera ku 454 kwa nthawi yomweyi mu 2021.Mitengo yamakampani pazantchito za hydraulic fracturing idakwera ndi 22% chifukwa chakukhazikika kwamitengo komanso kutsika kwamitengo.Masiku ophatikizika amachubu adakwera kuchoka pa masiku 765 munthawi yomweyi mu 2021 mpaka masiku 932 mu theka loyamba la 2022, ndipo kuchuluka kwa kukhazikitsa kwachulukira kuchokera masiku 7 mu 2021 mpaka masiku 8.Mfundo zazikuluzikulu zamakampani zimalola STEP kuti isunge magwiridwe antchito m'mizere yonse iwiri yazamalonda m'miyezi isanu ndi umodzi yoyambirira ya 2022 ndikutsika pang'ono pakugwiritsa ntchito nthawi yazimitsa.
Ndalama zoyendetsera kampani zimakwera pomwe kuchuluka kwa ntchito kumakwera.Malipiro oyambira komanso olimbikitsira adasinthidwa kuti akhalebe opikisana pamsika wapano, ndipo zopindulitsa ndi zopindulitsa zosiyanasiyana zomwe zidachotsedwa mu 2020 kuti zichepetse ndalama zidabwezeredwa, zomwe zidapangitsa kuti antchito azikwera mtengo.Kukwera kwa mitengo ya zinthu kudachitika m'miyezi isanu ndi umodzi yoyambirira ya 2022, ndikusokonekera kwa zinthu, kukwera mtengo kwazinthu komanso kuchuluka kwamakampani omwe akukweza mtengo m'magulu onse owonongera ndalama.Kapangidwe ka ndalama zowonjezera komanso ndalama zoyendetsera ntchito zakula poyerekeza ndi gawo lachiwiri la 2021 kuti zithandizire kuwonjezeka kwa ntchito zam'munda, komabe, kampaniyo ikuyembekeza kuti ipitilizabe kusunga ndalama zowonda, zomwe zikuthandizira kukula kwabizinesi mokwanira.
Ntchito za STEP zaku US zidayamba mu 2015 popereka ma chubu ophimbidwa.STEP ili ndi magawo 13 ophimbidwa a chubu m'madziwe a Permian ndi Eagle Ford ku Texas, Bakken Shale ku North Dakota, ndi maiwe a Uinta-Piceance ndi Niobrara-DJ ku Colorado.STEP idayamba kugwira ntchito ku hydraulic fracturing ku US mu Epulo 2018 ndi mphamvu yakuphulika kwa 207,500 hp, pomwe 80,000 hp imagwera pamafuta a dizilo 4, ndi 50,250 hp.- pamafuta apawiri okhala ndi jekeseni mwachindunji.Fracking imachitika makamaka ku Permian ndi Eagle Ford Basins ku Texas.Makampani amatumiza kapena kusagwira ntchito machubu osinthika kapena mphamvu ya hydraulic fracturing, kutengera kuthekera kwa msika kusungitsa ntchito zomwe akufuna komanso kubweza kwachuma.
(1) Kusintha kwa EBITDA ndi Free Cash Flow si njira zachuma za IFRS, ndipo Peresenti Yosinthidwa ya EBITDA ndi Daily Revenue si njira zachuma za IFRS.Sakufotokozedwa pansi pa IFRS ndipo alibe tanthauzo lokhazikika.Onani miyeso ndi ma ratios omwe si a IFRS.(2) Tsiku la bizinesi limatanthauzidwa ngati ntchito iliyonse ya CT kapena hydraulic fracturing yomwe yamalizidwa mkati mwa maola 24, kupatula zida zothandizira.(3) Mphamvu zomwe zilipo zikuwonetsa kuti mayunitsi akugwira ntchito pamalo ogwirira ntchito a kasitomala.Wina 15-20% ya ndalamayi imafunika kuti zitsimikizidwe zokonza zida.
Ndalama za Q2 2022 vs. Q2 2021 za miyezi itatu zomwe zinatha pa June 30, 2022 zinali $107.9 miliyoni poyerekeza ndi $34.4 miliyoni mgawo lachiwiri la 2021. Mabizinesi ku US awona kuwongolera kwamitengo komwe kumayendetsedwa ndi mfundo zazikuluzikulu zamakampani komanso kugwiritsa ntchito kwambiri njira zonse ziwiri. motsogozedwa ndi kukula kwakukulu kwa ntchito zamakampani.Masiku opangira ma hydraulic fracturing adakwera kuchokera ku 146 mu 2Q21 mpaka 229 mu 2Q22 chifukwa cha kusintha kwachuma kwachuma komanso magwiridwe antchito owonjezera a hydraulic fracturing panthawiyo.Ndalama zatsiku ndi tsiku zidakwera ndi 173% chifukwa cha kuchuluka kwa omwe amaperekedwa ndi STEP komanso mitengo yokwera.Masiku ophatikizika amachubu adakwera kuchokera pa 422 mgawo lachiwiri la 2021 kufika pa 542 mgawo lachiwiri la 2022, ndipo ndalama patsiku zidakwera ndi 34%.
Bizinesi ku US idapitilizabe kukwera kwa ziwerengero ndikusintha EBITDA.EBITDA yosinthidwa m'miyezi itatu yomwe idathera pa June 30, 2022 inali $20.3 miliyoni poyerekeza ndi $1.0 miliyoni kwa miyezi itatu yomwe idathera pa June 30, 2021. Kusintha kwa EBITDA kwa 19% kunali kwabwinoko kuposa nthawi yomweyi mu 2021, zikomo mwa zina kupitiliza kulangidwa kuchokera Opereka chithandizo ku US, kusamutsa magawo, zomwe zimapangitsa kuti mitengo ikhale yokwera komanso malire okwera kwambiri.Ngakhale izi, kukwera kwa mitengo yamtengo wapatali kunapangitsa kuti pakhale ndalama zambiri m'magulu onse ogwiritsira ntchito ndalama, kulepheretsa kupititsa patsogolo mitengo yonse.
Mu kotala yachiwiri ya 2022, FracturSTEP inathamanga katatu 165,000 hp kufalikira.poyerekeza ndi kufalikira kuwiri ndi 110,000 bhp.m'gawo lachiwiri la 2021. Masiku ogwiritsira ntchito awonjezeka kuchoka pa masiku 146 mu Q2 2021 kufika masiku 229 mu Q2 2022 monga kusintha kwa msika kumathandizira kufalikira kwa frac mu nthawi yamakono.
Ndalama za US hydraulic fracturing zinali $81.6 miliyoni, kukwera 329% kuchokera nthawi yomweyo mu 2021, ndipo ndalama zatsiku ndi tsiku mgawo lachiwiri la 2022 zidakwera 173% kuyambira nthawi yomweyo mu 2021. proppant revenue, yomwe inali chinthu chofunika kwambiri pamtengo wapamwamba wa tsiku ndi tsiku mu gawo lachiwiri la 2022 poyerekeza ndi gawo lachiwiri la 2021. Komabe, bizinesi ya kampani ya US fracking inathanso kusonyeza kuwonjezeka kwa ntchito zoyambira pa nthawi yomweyi.
Machubu omangika mu chubu la US Coiled anapitilira kukula mu gawo lachiwiri la 2022, ndipo ndalama zidakwera kufika $26.3 miliyoni kuchokera pa $15.3 miliyoni mgawo lachiwiri la 2021. STEP ili ndi mayunitsi asanu ndi atatu opiringizika ndipo STEP igwira ntchito kwa masiku 542 gawo lachiwiri la 2022, poyerekeza ndi masiku 422 mgawo lachiwiri la 2021 ndi magawo asanu ndi atatu.Kukhala ndi anthu apamwamba komanso ndalama zambiri zatsiku ndi tsiku za $49,000 poyerekeza ndi $36,000 munthawi yomweyi mu 2021;ndi mitengo yokwera komanso ntchito yayikulu m'magawo onse omwe alipo.Msika wamsika wa STEP komanso mbiri yake ikupitiliza kuthandizira pakugwiritsa ntchito bwino komanso mitengo yokwera m'magawo onse.
Q2 2022 Poyerekeza ndi Q1 2022, ndalama za Q2 2022 zidakwera $35.2 miliyoni kufika $107.9 miliyoni kuchokera $72.7 miliyoni.USA m'gawo loyamba la 2022, makamaka chifukwa cha ndalama zowonjezera komanso kukwera mtengo kwa ntchito zowononga.Kuyambira kotala loyamba la 2022 mpaka gawo lachiwiri la 2022, msika waku US ukupitilizabe kulimba kwambiri, zomwe zimapangitsa kuti mitengo ikhale yokwera komanso kusintha kosalekeza kwa ubale pakati pa opereka chithandizo ndi makampani omwe akukhudzidwa ndi kufufuza ndi kupanga.
EBITDA yosinthidwa inali $20.3 miliyoni (19% ya ndalama) mu 2Q 2022 poyerekeza ndi $9.8 miliyoni (13% ya ndalama) mu 1Q 2022, ndikuyenda bwino kwamabizinesi ku US.Mitengo yogwiritsira ntchito m'mabizinesi onse awiri idakhalabe yolimba ngakhale kuti kukwera mtengo kwamitengo kumapitilirabe, ndipo kukwera kwamitengo kosalekeza kunapangitsa kuti kusintha kwa EBITDA kukhale kosinthika.
Kuchuluka kwa kuchuluka kwa ma hydraulic fracturing ndi mitengo yayikulu yapangitsa kusintha kwa kasitomala ndi ntchito, zomwe zidapangitsa kuti ndalama za US hydraulic fracturing za US $81.6M mu Q2 2022, kuchokera $49.7M USA mu Q1 2022. osakhalitsa pamasiku 229 abizinesi poyerekeza ndi 220 m'gawo loyamba la 2022, ndalama zidakwera kuchoka pa $226,000 kufika pa $356,000 patsiku, zikomo mwa zina chifukwa cha STEP zoperekera othandizira ndi mankhwala.zowonjezera, komanso mitengo yabwino.Chimodzi mwazokwera mtengo mgawo lachiwiri la 2022 ndi chifukwa chothana ndi kukwera kwa mitengo, komwe kumachepetsa kukula kwa malire.
The Coiled Tubing Division inapitirizabe kugwira ntchito 8 zokhotakhota machubu ku US ndi 542 masiku ntchito kupanga $26.3 miliyoni mu ndalama mu gawo lachiwiri la 2022 poyerekeza 514 masiku ntchito ndi $23.1 miliyoni mu ndalama mu 1Q 2022;kuwongolera pang'ono pakugwiritsa ntchito komanso mitengo.Ngakhale kuti kukwera mtengo kwa inflation kukukulirakulirabe m'makampani awa, kukwera kwamitengo kwaposachedwa kwayamba kukwera kwambiri.Mphamvu yamitengo ya mautumikiwa yasintha mofanana ndi kukwera kwa mitengo yam'mbuyomu ya ntchito zopangira ma hydraulic fracturing, chifukwa kufunikira kwa mautumiki ophatikizika a machubu, kuphatikiza ndi ntchito zochepa, kwadzetsa mitengo kupitilira kusintha kwa inflation.
Ndalama zomwe zinaperekedwa m'miyezi isanu ndi umodzi zomwe zinatha pa June 30, 2022 zinali $180.7 miliyoni poyerekeza ndi $61.8 miliyoni pa nthawi yomweyi mu 2021. Bizinesi ku US idawona kugwiritsidwa ntchito bwino panjira zonse ziwiri zautumiki pazinthu zolimba zamakampani zomwe zimayendetsedwa ndi ntchito zapamwamba komanso mitengo yokwera pamabizinesi.Masiku ogwirira ntchito opangira ma hydraulic fracturing adakwera kuchokera pamasiku 280 nthawi yomweyo mu 2021 mpaka masiku 449 m'miyezi isanu ndi umodzi yoyambirira ya 2022 chifukwa chakukula bwino kwa chilengedwe komanso kusiyanasiyana kosiyanasiyana kwa ma hydraulic fracturing pamachitidwe omwe akupitilira.Ndalama zatsiku ndi tsiku zidakwera ndi 131%, makamaka chifukwa cha kuchuluka kwa othandizira omwe amaperekedwa ndi STEP komanso mitengo yokwera.Masiku ophatikizika amachubu adakwera kuchokera masiku 737 nthawi yomweyo mu 2021 mpaka masiku 1,056 m'miyezi isanu ndi umodzi yoyambirira ya 2022, ndipo ndalama zatsiku ndi tsiku zidakwera 31%.Bizinesi ku US idapitilizabe kukwera kwa ziwerengero ndikusintha EBITDA.EBITDA yosinthidwa kwa miyezi isanu ndi umodzi yomwe idatha pa Juni 30, 2022 inali $ 30.1 miliyoni poyerekeza ndi kutayika kwa Adapted EBITDA kwa $ 2.0 miliyoni m'miyezi isanu ndi umodzi yomwe idathera pa Juni 30, 2021.
M'miyezi isanu ndi umodzi yoyambirira ya 2022, ndalama zoyendetsera kampani zidakwera molingana ndi kuchuluka kwa ntchito komanso kutsika kwamitengo, komanso kusokonekera kwa zinthu, kukwera kwamitengo yazinthu komanso kuchuluka kwamakampani, zomwe zikukweza mtengo m'magulu onse owonongeka.Ndalama zogwirira ntchito zidakwera chifukwa cha kusintha kwa maziko ndi zolimbikitsa kuti akhalebe opikisana pamsika wapano komanso kubwezeretsedwa kwa zopindula zomwe zidachotsedwa mu 2020 kuti zichepetse ndalama.
Zochita zamakampani ndizosiyana ndi zomwe zimachitika ku Canada ndi United States.Ndalama zoyendetsera kampani zimaphatikizanso ndalama zomwe zimaperekedwa ndi magulu a Asset Reliability and Optimization, komanso ndalama zonse zoyendetsera ntchito, zomwe zimaphatikizapo ndalama zokhudzana ndi gulu lalikulu, oyang'anira mabungwe, chindapusa chamakampani aboma ndi ntchito zina zomwe zimapindulitsa ntchito ku Canada ndi USA.
(1) EBITDA yosinthidwa komanso kuyenda kwa ndalama kwaulere sikuli kwa ndalama za IFRS, ndipo Adjusted EBITDA% ndi ndalama zomwe si za IFRS.Sakufotokozedwa pansi pa IFRS ndipo alibe tanthauzo lokhazikika.Onani miyeso ndi ma ratios omwe si a IFRS.
Poyerekeza gawo lachiwiri la 2022 ndi gawo lachiwiri la 2021 Kwa miyezi itatu yomwe idatha pa Juni 30, zowonongera zamakampani mu 2022 zinali $12.6 miliyoni poyerekeza ndi $7.0 miliyoni munthawi yomweyi mu 2021. ya 2022 pomwe mtengo wagawo unakwera 67% kapena $1.88 kuchokera pa Marichi 31, 2022 mpaka Juni 30, 2022, poyerekeza ndi kuwonjezeka kwa $ 0.51 mchaka chimenecho.nthawi yomweyo chaka chatha.pa kuwonjezeka kwa ndalama zomwe zimagwiritsidwa ntchito panopa.Kuphatikiza apo, ndalama zolipirira zakwera pomwe makampani akukulitsa zolimbikitsira kuti asunge ndikukopa talente pamsika womwe ukukulirakulira wampikisano.STEP ikuzindikira zolimbikitsa za $100,000 CEWS mgawo lachiwiri la 2021, kuchepetsa ndalama zonse.
Q2 2022 Poyerekeza ndi Q1 2022, ndalama zamabizinesi mu Q2 2022 zinali $12.6 miliyoni poyerekeza ndi $9.3 miliyoni mu Q1 2022, kukwera ndi $3.3 miliyoni.Monga m'gawo loyamba la 2022, chinthu chofunikira mu gawo lachiwiri la 2022 ndikusintha pamtengo wamsika wamalipiro omwe amaperekedwa ndindalama.Ndalama zolipirira ndalama zomwe zimachokera ku $ 4.2 miliyoni mpaka $ 7.3 miliyoni mgawo lachiwiri la 2022 kufika $ 1 miliyoni mgawo loyamba la 2022, ndipo magawo adakwera 67% mgawo lachiwiri, kapena 1. $ 88, kutsika kuchokera $ 1.19 mgawo loyamba. .STEP yadzipereka kuti ipatse akatswiri ake mipikisano yonse ya mphotho pozindikira zomwe amathandizira pakuchita bwino.
Ndalama zamakampani m'miyezi isanu ndi umodzi zomwe zidatha pa June 30, 2022 zinali $21.9 miliyoni poyerekeza ndi $12.5 miliyoni munthawi yomweyi mu 2021. kukwera kwa mitengo ya December pamtengo wamakono wa msika.Kuphatikiza apo, ndalama zolipirira zakwera pomwe makampani akukulitsa zolimbikitsira kuti asunge ndikukopa talente pamsika wantchito womwe ukukulirakulira.STEP imazindikira $300,000 muzopindula za CEWS m'miyezi isanu ndi umodzi yomwe idatha pa June 30, 2021, zomwe zimachepetsa ndalama zonse.
Kutulutsa kwa atolankhaniku kumaphatikizapo mawu ndi magwiridwe antchito omwe amagwiritsidwa ntchito m'makampani ogulitsa mafuta omwe sanafotokozedwe mu IFRS.Ndime zomwe zaperekedwazo zimaperekedwa kuti zipereke zambiri ndipo siziyenera kuganiziridwa paokha kapena m'malo mwa miyeso ya magwiridwe antchito yokonzedwa molingana ndi IFRS.Miyezo iyi yomwe si ya IFRS ilibe mtengo wokhazikika pansi pa IFRS ndipo chifukwa chake sangafanane ndi miyeso yofananira yoperekedwa ndi ena opereka.Ziwerengero zomwe sizili za IFRS ziyenera kuwerengedwa molumikizana ndi ndondomeko yazachuma ya kotala ndi pachaka ndi zolemba zamakampani.
"Adjusted EBITDA" ndi chisonyezo chandalama chomwe sichinaperekedwe molingana ndi IFRS, chomwe ndi chofanana ndi phindu (loss) lisanachotsedwe ndalama, kutsika kwamitengo ndi kuchotsera, kutayika (kupindula) kuchokera pakutaya katundu, mafakitale ndi zida, zamakono ndi zida. misonkho yochedwetsedwa.Zosungirako ndi zobweza, chilungamo.ndi kugawana ndalama zotengera ndalama, ndalama zogulira, kupititsa patsogolo ndalama zakunja (zopindula), kutayika kwa ndalama zakunja (kupindula), kuwonongeka kwa kuwonongeka."Adjusted EBITDA %" ndi chiŵerengero chosakhala cha IFRS chowerengedwa pogawa EBITDA Yosinthidwa ndi ndalama.EBITDA yosinthidwa ndi EBITDA % imayambitsidwa chifukwa imagwiritsidwa ntchito kwambiri ndi anthu omwe amagulitsa ndalama chifukwa amapereka chidziwitso pazotsatira zomwe zimachitika mubizinesi wamba musanayambe kuganizira momwe ntchitozo zimaperekera ndalama komanso zotsatira zake misonkho.Kampani imagwiritsa ntchito Adjusted EBITDA ndi Adjusted EBITDA % kuwunika momwe magwiridwe antchito ndi magawo amagwirira ntchito popeza oyang'anira akukhulupirira kuti amapereka kufananitsa kwapakati panyengo.Gome ili pansipa likuwonetsa kuyanjanitsa kwa EBITDA yosagwirizana ndi IFRS ku ndalama zonse (kutaya) pansi pa IFRS.


Nthawi yotumiza: Feb-15-2023