Sawubona futhi wamukelekile ku-Calfrac Well Services Ltd. Ikota yokuqala ka-2022 Ukukhishwa Kwenzuzo kanye Nocingo Lwenkomfa.Umhlangano wanamuhla uyarekhodwa.
Ngalesi sikhathi, ngingathanda ukudlulisela umhlangano kuMphathi Omkhulu Wezezimali uMike Olinek. Ngicela uqhubeke, mnumzane.
Siyabonga.Sawubona futhi wamukelekile engxoxweni yethu yemiphumela yekota yokuqala ka-2022 ye-Calfrac Well Services. Abangijoyine ocingweni namuhla yi-CEO yesikhashana yase-Calfrac u-George Armoyan kanye noMongameli wase-Calfrac kanye ne-COO uLindsay Link.
Ucingo lwengqungquthela yanamuhla luzoqhubeka kanje: UGeorge uzokwenza amazwi okuvula, bese ngifingqa izimali zenkampani nokusebenza kwayo.UGeorge uzobe esehlinzeka ngombono webhizinisi weCalfrac kanye namazwi athile okuvala.
Enkulumweni yabezindaba ekhishwe ekuqaleni kwanamuhla, i-Calfrac ibike imiphumela yayo yekota yokuqala engacwaningiwe ka-2022. Sicela wazi ukuthi zonke izibalo zezimali zingamadola ase-Canada ngaphandle kwalapho kushiwo ngenye indlela.
Okunye kokuphawula kwethu namuhla kuzobhekisela ezilinganisweni okungezona eze-IFRS ezifana ne-EBITDA Elungisiwe kanye Nemali Engenayo Esebenzayo. Ukuze uthole ukudalulwa okwengeziwe ngalezi zinyathelo zezimali, sicela ubheke ukukhululwa kwethu kwabezindaba.Amazwana ethu namuhla azofaka phakathi izitatimende ezibheke phambili mayelana nemiphumela yesikhathi esizayo ye-Calfrac namathemba.Sikukhumbuza ukuthi lezi zitatimende ezibheke phambili zingaphansi kwenani lezinto ezingaziwa nezingaziwa ezingase zibangele ukungezwani kwethu okungase kubangele ukungezwani kwethu.
Sicela ubheke ukukhishwa kwabezindaba kwanamuhla ekuseni kanye nokugcwaliswa kwe-SEDAR ye-Calfrac, okuhlanganisa noMbiko wethu Wonyaka Ka-2021, ukuze uthole ulwazi olwengeziwe mayelana nezitatimende ezibheke phambili kanye nalezi zici zobungozi.
Ekugcineni, njengoba sishilo ekukhululweni kwethu kwabezindaba, ngenxa yezehlakalo zase-Ukraine, inkampani iyekile ukusebenza eRussia, yazibophezela ohlelweni lokuthengisa lezi zimpahla, kanye nemisebenzi eqokiwe eRussia ukuze ithengiswe.
Ngiyabonga, Mike, sanibonani, futhi sinibonga nonke ngokujoyina ucingo lwethu lwenkomfa namuhla.Njengoba ningazi, lolu wucingo lwami lokuqala, ngakho khululekani.Ngakho-ke ngaphambi kokuthi uMike anikeze amaphuzu avelele ezezimali ekota yokuqala, ngingathanda ukwenza amazwi ambalwa okuvula.
Isikhathi esithokozisayo se-Calfrac njengoba imakethe yaseNyakatho Melika iqina futhi sesiqala ukuba nezingxoxo ezahlukahlukene namakhasimende ethu.Amandla emakethe afana kakhulu ngo-2017-18 kunango-2021.Sinomdlandla ngamathuba nemiklomelo esilindele ukuthi leli bhizinisi lizenzele ababambiqhaza bethu ngo-2022 nangale kwalokho.
Inkampani ikhiqize umfutho omuhle ngekota yokuqala futhi isethubeni lokuqhubeka nokukhula kuze kuphele u-2022. Ithimba lethu linqobe izinselele zokusebenza uchungechunge lokuhlinzeka ukuze liqedele ikota ngendlela eqine kakhulu. I-Calfrac izuze ekuthuthukisweni kwamanani entengo yalo nyaka futhi ithuthukise ukuqonda namakhasimende ethu ukuthi nakuba sidlula izindleko zokwehla kwamandla emali eduze nesikhathi sangempela ngangokunokwenzeka.
Kudingeka futhi sinyuse amanani entengo afinyelele ezingeni elizonikeza imbuyiselo eyanele ekutshalweni kwethu.Kubalulekile kithina futhi kufanele siklonyeliswe. Uma sibheka phambili ensaleleni ka-2022 kuya ku-2023, sikholelwa ukuthi sizophinda silwele ukuzuza imbuyiselo yezimali esimeme.
Ngiyagcizelela ukuthi uma isidingo somhlaba sikawoyela negesi sikhula, ukusebenza kahle kusivumela ukuthi sisebenzise ithuba.
Siyabonga, imali engenayo ehlanganisiwe yekota yokuqala ka-George.Calfrac evela ekusebenzeni okuqhubekayo yenyuka ngo-38% unyaka nonyaka yafinyelela ku-$294.5 million. Ukwenyuka kwemali engenayo kwaba ngenxa yokwenyuka kwemali engenayo ngo-39% ngesigaba ngasinye ngenxa yezindleko eziphezulu zokufakwayo ezidluliselwa kumakhasimende kuzo zonke izingxenye zokusebenza, kanye nezintengo ezithuthukisiwe eNyakatho Melika.
I-EBITDA elungisiwe kusukela ekusebenzeni okuqhubekayo okubikiwe kwekota ibingu-$20.8 wezigidi, uma kuqhathaniswa namaRandi ayizigidi ezingu-10.8 ngonyaka odlule.Imali engenayo yokusebenza evela emisebenzini eqhubekayo inyuke ngo-83% yaya ku-$21.0 wezigidi emalini etholwayo yokusebenza yezigidi ezingu-11.5 ngekota efanayo ka-2021.
Lokhu kwenyuka kudalwe ukusetshenziswa okuphezulu namanani entengo e-US, kanye nokusetshenziswa okuphezulu kwemishini kuyo yonke imigqa yesevisi e-Argentina.
Ingqikithi yokulahlekelwa ngenxa yokusebenza okuqhubekayo kwekota ibingama-dollar ayizigidi eziyi-18, uma kuqhathaniswa nokulahleka okuphelele kokuqhubeka nokusebenza kwezigidi ezingama-23 zamarandi engxenyeni efanayo ka-2021.
Ezinyangeni ezintathu eziphele ngomhla zingama-31 kuNdasa, 2022, izindleko zokwehla kwenani elivela ekusebenzeni okuqhubekayo bezihambisana nesikhathi esifanayo ngo-2021. Ukwehla kancane kwezindleko zokwehla kwenani ngekota yokuqala kudalwe ngokuyinhloko ukuhlanganisa kanye nesikhathi sezindleko ezinkulu ezihlobene nezingxenye ezinkulu.
Izindleko zenzalo engxenyeni yokuqala ka-2022 zikhuphuke ngo-$0.7 wezigidi kusukela ngonyaka odlule ngenxa yokuboleka okuphezulu ngaphansi kwesikhungo sesikweletu esijikelezayo senkampani kanye nezindleko zenzalo ezihlobene nokudonswa kwemali mboleko yebhuloho yenkampani.
Izindleko zezindleko zokusebenza eziqhubekayo ze-Calfrac kwikota yokuqala bezingu-$12.1 wezigidi, uma kuqhathaniswa namaRandi ayizigidi ezingu-10.5 ngesikhathi esifanayo ngo-2021. Lezi zindleko zihlobene ngokuyinhloko nemali yokunakekela futhi zibonisa izinguquko enanini lezinto zokusebenza ezisebenza eNyakatho Melika phakathi nezikhathi ezi-2.
Le nkampani ibone ukungena kwezigidi ezingu-9.2 zamarandi ekushintsheni kwezimali zokusebenza kwikota yokuqala, uma kuqhathaniswa nokuphuma kwezigidi ezingu-20.8 zamaRandi ngesikhathi esifanayo ngo-2021. Lolu shintsho lwaluqhutshwa ngokuyinhloko isikhathi sokuqoqwa okutholwayo kanye nezinkokhelo eziya kubahlinzeki, ngokwengxenye kususwe imali yokusebenza ephezulu ngenxa yemali engenayo ephezulu.
Engxenyeni yokuqala ka-2022, ama-dollar ayizigidi ezingu-0.6 we-1.5 amanothi e-lien enkampani aguqulwa abe isitoko esivamile futhi inzuzo yemali engu-$ 0.7 million yatholwa ekusebenziseni iziqinisekiso. izigidi zezincwadi zezikweletu futhi yayinemali eyizigidi ezingama- $ 200 emalimboleko ngaphansi kwesikhungo sayo sesikweletu, okushiya amaRandi ayizigidi ezingama-49.1 emandleni okuboleka atholakalayo ekupheleni kwekota yokuqala.
Isikweletu senkampani sinqunyelwe isisekelo sokuboleka sanyanga zonke esingu-$243.8 wezigidi kusukela ngoMashi 31, 2022. Ngaphansi kwemibandela yesikhungo esibuyekeziwe sekhredithi yenkampani, i-Calfrac kufanele igcine imali okungenani engu-$15 wezigidi ngesikhathi sokukhululwa kwesivumelwano.
Kusukela ngomhla zingama-31 kuNdasa, 2022, inkampani idonsele phansi amaRandi ayizigidi eziyi-15 emalimboleko yebhuloho futhi ingase icele ukudonswa okwengeziwe okungafika ku-$10 wezigidi, ngenzuzo enkulu yezigidi ezingu-25 zamaRandi.
Siyabonga, uMike. Manje ngizokwethula indlela yokusebenza kwe-Calfrac kuyo yonke indawo yethu.Imakethe yethu yaseNyakatho Melika iqhubekile nokusebenza engxenyeni yokuqala yonyaka, njengoba besilindele, ngesidingo esikhulayo semishini evela kubakhi kanye nokutholakala okulinganiselwe ngaphandle kweshalofu.
Silindele ukuthi imakethe iqhubeke nokuqina futhi abanye abakhiqizi ngeke bakwazi ukwenza imisebenzi yabo, okufakazela kahle ikhono lethu lokunyusa amanani ukuze sithole imbuyiselo esebenzayo emishinini esiyisebenzisayo.
E-US, imiphumela yethu yekota yokuqala ibonise ukuthuthuka okunengqondo kokulandelana konyaka nonyaka, ngokuyinhloko ngenxa yokwanda okukhulu kokusetshenziswa emasontweni ayisithupha okugcina ekota.
Amaviki okuqala angu-6 abengemahle kakhulu. Sandise ukusetshenziswa kuzo zonke izindiza ezingu-8 ngo-March futhi siphelele ngo-75% uma kuqhathaniswa noJanuwari.Ukusetshenziswa okuphezulu okuhlangene nokusetha kabusha intengo ngo-March kwavumela inkampani ukuthi iqede ikota ngokusebenza okungcono kakhulu kwezezimali.
Imikhumbi yethu yesi-9 izoqala ngasekuqaleni kukaMeyi.Sihlose ukugcina leli zinga unyaka wonke ngaphandle uma isidingo esiqhutshwa amakhasimende namanani athethelela noma yikuphi ukuvuselelwa kabusha kwedivayisi.
Sinekhono lokwakha izimoto ze-10, mhlawumbe ngisho nangaphezulu, kuye ngamanani kanye nesidingo.E-Canada, imiphumela yekota yokuqala yathintwa izindleko zokuqala kanye nezindleko zokufaka ezikhuphuka ngokushesha ebesizama ukuzibuyisela kumakhasimende.
Sinengxenye yesibili eqinile ka-2022 njengoba kwethulwa umkhumbi wethu wesine wama-fracturing kanye neyunithi yethu yesihlanu ehlanganisiwe yokufaka amashubhu ukuze kuhlangatshezwane nesidingo esikhulayo samakhasimende. Ikota yesibili iqhubeke njengoba besilindele, nesiqalo esinensayo ngenxa yokuphazamiseka kwesizini. Kodwa silindele ukusetshenziswa okuqinile kwemikhumbi yethu emikhulu engu-4 ekupheleni kwekota, ezoqhubeka kuze kube sekupheleni konyaka.
Ukuze silawule izindleko zethu zabasebenzi bakaphethiloli ngesikhathi sekhefu lasentwasahlobo, isigaba saseCanada siphinde sathumela abasebenzi besikhashana besuka e-Canada baya e-United States ukuze basize ukwandisa kakhulu umsebenzi e-United States.Umsebenzi wethu e-Argentina uyaqhubeka nokubekelwa inselele ukwehla kwenani lemali kanye nezingcindezi zokwehla kwamandla emali, kanye nokulawulwa kwezimali okuzungeze ukuphuma kwemali ezweni.
Kodwa-ke, muva nje sivuselele inkontileka ku-Vaca Muerta shale ezohlanganisa izindiza ezizinikele ezinikezelayo kanye namanani ahlanganisiwe weyunithi yeshubhu namakhasimende akhona, kusukela engxenyeni yesibili ka-2022.
Silindele ukugcina izinga eliphezulu lokusetshenziswa kuyo yonke ingxenye esele yonyaka. Sengiphetha, siyaqhubeka nokusebenzisa izigaba zokuqala zomjikelezo wesidingo samanje ukuze sikhiqize imbuyiselo eqhubekayo kubanikazi bamasheya bethu.
Ngifuna ukubonga ithimba lethu ngokuzikhandla kwalo kule kota edlule. Ngibheke ngabomvu unyaka wonke kanye nonyaka ozayo.
Ngiyabonga, George. Manje ngizobuyisela ucingo ku-opharetha wethu ngengxenye ye-Q&A yocingo lwanamuhla.
[Imiyalo Yomsebenzi].Sizophendula umbuzo wokuqala ovela ku-Keith MacKey we-RBC Capital Markets.
Manje ngifuna ukuqala nge-US EBITDA ngeqembu ngalinye, izinga lokuphuma kule kota liphezulu kakhulu kunangesikhathi ikota iqala.Uyibonaphi inkambiso engxenyeni yesibili yonyaka?Ucabanga ukuthi ungakwazi ukwenza isilinganiso se-EBITDA yomkhumbi ngamunye ka-$15 million ku-Q3 naku-Q4?Noma kufanele sikubheke kanjani lokhu kuthambekela?
Bheka, ngiqonde ukuthi, bheka, sizama ukuthola eyethu — lona nguGeorge. Sizama ukuqhathanisa imakethe yethu nabaqhudelana nabo. Asikude nezinombolo ezingcono kakhulu. Sithanda ukuqala ngezigidi ezingu-$10 futhi sisebenze ngendlela yakho efinyelela ku-$15 million. Ngakho sizama ukubona inqubekelaphambili.Okwamanje, sigxile ekuxhaphazeni nasekususeni izikhala ezinhlelweni zethu eziyizigidi ezingu-10 kuya kweyisigidi esisodwa kuya kweyinye indawo.
Cha, kunengqondo.Mhlawumbe ngokwemali, uma uzoqala izindiza eziyi-10 e-US, uma unesilinganiso salokho okwamanje, ucabanga ukuthi kuzoba yini lokho ngokwemali?
Izigidi eziyisi-6 zamaRandi.Thina — Ngisho ukuthi sinamandla okuya enanini lemikhumbi engu-13. Kodwa imikhumbi ye-11, 12 kanye ne-13 izodinga imali engaphezu kwezigidi ezingu-6 zamaRandi. Sisebenzela ukuthola izinombolo zokugcina uma kwenzeka isidingo sidlula futhi abantu baqala ukukhokhela ukusetshenziswa kwedivayisi.
Ngiyezwa.Yazisa lowo mbala.Ekugcineni kimi, ushilo ukuthi uthuthele izisebenzi ezithile phakathi kweCanada ne-US kwikota yokuqala.Mhlawumbe khuluma nje kabanzi mayelana ne-supply chain jikelele, ubonani mayelana nabasebenzi?Uboneni ogwini?Sizwile ukuthi sekuya kuba yinkinga enkulu, noma okungenani inkinga enkulu mayelana nokulawula ijubane lomsebenzi wekota yokuqala?
Yebo, ngivele ngacabanga - ngicabanga ukuthi sithe asihambanga ngekota yokuqala kodwa ngekota yesibili ngenxa yokuthi i-US ibimatasa ngekota yesibili futhi kwaba khona ukuhlukana eNtshonalanga Canada. Bengifuna ukucacisa.Bheka, yonke imboni, wonke umuntu ubhekene nezinselelo, izinselelo ze-supply chain.Sizama ukwenza okusemandleni ethu.Kube nenkinga yesihlabathi e-Canada kwikota yokuqala.Sizozama konke okusemandleni ethu ukubhekana nayo.
Kodwa akuzange kuguquke.Lesi isimo esiguqukayo.Kufanele sihlale phambili njengawo wonke umuntu.Kodwa sithemba ukuthi lezi zinto azisivimbeli ekutheni sikwazi ukuhlinzeka ngomsebenzi osezingeni kumakhasimende ethu.
Bengifuna ukubuyela emazwaneni akho mayelana nokwengeza ezinye noma 2 izimoto e-US, ngisho ukuthi, ezingeni eliphezulu nje, ingabe udinga ukuvuselela leyo mikhumbi ukuze ukhuphule amanani entengo?Uma kunjalo, ungabeka amaposi athile esimeni esingaba khona?
Ngakho-ke manje sesisebenzisa izindiza eziyi-8. Siqala iGame 9 ngoMsombuluko, 8 October - uxolo, Meyi 8. Bheka, ngiqonde ukuthi kunezinto ezimbili lapha. Sithemba ukuthi sizoklonyeliswa.Sifuna isiqiniseko sesithembiso kumakhasimende ethu.
Kucishe kufane nefomu lokuthatha noma ukukhokha - ngeke sikhiphe imali futhi siyenze uhlelo oluxekethile lapho bengasisusa khona noma nini lapho befuna. Ngakho-ke, singacabangela izici ezithile.Sifuna ukuzinikela okuqinile nokusekelwa okungantengantengi - uma beshintsha imiqondo yabo, kufanele basikhokhele - izindleko zokuthumela lezi zinto lapha.
Kodwa futhi, kufanele sikwazi ukwenza isiqiniseko sokuthi umkhumbi ngamunye ungathola phakathi kwezigidi ezingu-$10 nezingu-$15 ukuze ukwazi ukusebenzisa lezi zinto ezintsha - lezi zindiza ezintsha noma izindiza ezengeziwe, ngiyaxolisa.
Ngakho-ke ngicabange ukuthi mhlawumbe kulungile ukugcizelela ukuthi intengo iyasondela ngokusobala kulawo mazinga.Kodwa okubaluleke kakhulu, ufuna ukubona ukuzibophezela kwenkontileka okuvela kumakhasimende akho.Ingabe lokhu kulungile?
100% ngoba kimina kubonakala sengathi iklayenti lilahle izinto eziningi esikhathini esidlule - besifuna ukusuka kusisekelo sokusiza abampofu siye ebhizinisini, akunjalo?Esikhundleni sokuxhasa izinkampani ze-E&P, sifuna ukuqala ukwabelana ngezinye zezinzuzo ezizitholayo.