Tsiku labwino ndipo takulandirani ku Calfrac Well Services Ltd. Kutulutsidwa kwa Ndalama mu Kotala Loyamba la 2022 ndi Kuyimbirana Msonkhano. Msonkhano wa lero ukujambulidwa.
Pakadali pano, ndikufuna kupereka msonkhanowu kwa Mkulu wa Zachuma Mike Olinek. Chonde pitirizani, bwana.
Zikomo. Mmawa wabwino ndipo takulandirani ku zokambirana zathu za zotsatira za kotala loyamba la 2022 za Calfrac Well Services. Lero, CEO wanthawi yochepa wa Calfrac, George Armoyan, ndi Purezidenti komanso COO wa Calfrac, Lindsay Link, agwirizana nane pa nkhaniyi.
Kuyimbirana kwa msonkhano m'mawa uno kudzachitika motere: George adzapereka ndemanga zotsegulira, kenako ndidzafotokoza mwachidule za ndalama za kampaniyo ndi momwe kampaniyo ikuyendera. George adzapereka malingaliro a bizinesi ya Calfrac ndi ndemanga zomaliza.
Mu lipoti la atolankhani lomwe linatulutsidwa kale lero, Calfrac inanena za zotsatira zake zosawunikidwa za kotala loyamba la 2022. Chonde dziwani kuti ziwerengero zonse zachuma zili mu madola aku Canada pokhapokha ngati zanenedwa mwanjira ina.
Zina mwa ndemanga zathu lero zikunena za njira zomwe sizili za IFRS monga Adjusted EBITDA ndi Operating Income. Kuti mudziwe zambiri za njirazi zachuma, chonde onani nkhani yathu yofalitsa nkhani. Ndemanga zathu lero ziphatikizaponso mawu owonera zam'tsogolo okhudza zotsatira zamtsogolo za Calfrac ndi zomwe zikuyembekezeka. Tikukukumbutsani kuti mawu owonera zam'tsogolo awa ali ndi zoopsa zingapo zodziwika komanso zosadziwika komanso zosatsimikizika zomwe zingapangitse kuti zotsatira zathu zisiyane kwambiri ndi zomwe tikuyembekezera.
Chonde onani nkhani ya m'mawa uno komanso zomwe Calfrac's SEDAR files, kuphatikizapo Lipoti Lathu Lapachaka la 2021, kuti mudziwe zambiri zokhudza mawu oyembekezera zam'tsogolo ndi zinthu zoopsa izi.
Pomaliza, monga momwe tinanenera mu lipoti lathu, chifukwa cha zomwe zinachitika ku Ukraine, kampaniyo yasiya kugwira ntchito ku Russia, yadzipereka ku dongosolo logulitsa katunduyu, ndipo yasankha kugwira ntchito ku Russia kuti igulitsidwe.
Zikomo, Mike, m'mawa wabwino, ndipo zikomo nonse chifukwa cholowa nawo pa msonkhano wathu lero. Monga mukudziwa, iyi ndi nthawi yanga yoyamba kuyimba, choncho khalani chete. Chifukwa chake Mike asanapereke mfundo zazikulu zachuma za kotala loyamba, ndikufuna kupereka ndemanga zingapo zotsegulira.
Ndi nthawi yosangalatsa kwa Calfrac pamene msika wa ku North America ukukulirakulira ndipo tikuyamba kukambirana ndi makasitomala athu mosiyanasiyana. Kusintha kwa msika kuli kofanana kwambiri mu 2017-18 kuposa mu 2021. Tili ndi chidwi ndi mwayi ndi mphotho zomwe tikuyembekezera kuti bizinesiyi ipange kwa omwe tikugwira nawo ntchito mu 2022 ndi kupitirira apo.
Kampaniyo yapanga chitukuko chabwino mu kotala yoyamba ndipo ikupita patsogolo kukula mpaka chaka chonse cha 2022. Gulu lathu lapambana mavuto oyendetsera unyolo wogulitsa kuti amalize kotala mwamphamvu kwambiri. Calfrac yapindula ndi kusintha kwa mitengo chaka chino ndipo yapanga mgwirizano ndi makasitomala athu kuti ngakhale titapereka ndalama zokwera mtengo pafupi ndi nthawi yeniyeni momwe tingathere.
Tifunikanso kukweza mitengo kufika pamlingo womwe ungatipatse phindu lokwanira pa ndalama zomwe tayika. Ndikofunikira kwa ife ndipo tiyenera kupatsidwa mphotho. Poganizira za chaka chotsala cha 2022 ndi 2023, tikukhulupirira kuti tidzayesetsanso kupeza phindu lokhazikika pazachuma.
Ndikugogomezera kuti pamene kufunikira kwa mafuta ndi gasi padziko lonse lapansi kukukwera, magwiridwe antchito abwino amatithandiza kupindula.
Zikomo, ndalama zonse za George.Calfrac zomwe zinagwiritsidwa ntchito kotala loyamba zinakwera ndi 38% chaka chilichonse kufika pa $294.5 miliyoni. Kuwonjezeka kwa ndalama kumeneku kunabwera chifukwa cha kuwonjezeka kwa 39% kwa ndalama zophwanyidwa pa gawo lililonse chifukwa cha ndalama zambiri zomwe zimaperekedwa kwa makasitomala m'magawo onse ogwirira ntchito, komanso mitengo yabwino ku North America.
EBITDA yosinthidwa kuchokera ku ntchito zopitilira zomwe zinanenedwa mu kotala inali $20.8 miliyoni, poyerekeza ndi $10.8 miliyoni chaka chapitacho. Ndalama zogwirira ntchito kuchokera ku ntchito zopitilira zinakwera ndi 83% kufika pa $21.0 miliyoni kuchokera ku ndalama zogwirira ntchito za $11.5 miliyoni mu kotala yofanana ya 2021.
Kuwonjezeka kumeneku kunali makamaka chifukwa cha kugwiritsidwa ntchito kwambiri ndi mitengo ku US, komanso kugwiritsidwa ntchito kwambiri kwa zida m'mizere yonse yautumiki ku Argentina.
Kutayika konse chifukwa cha ntchito zopitilira mu kotala iyi kunali $18 miliyoni, poyerekeza ndi kutayika konse chifukwa cha ntchito zopitilira mu kotala yomweyi ya $23 miliyoni mu kotala yomweyi ya 2021.
Kwa miyezi itatu yomwe inatha pa 31 Marichi, 2022, ndalama zomwe zinagwiritsidwa ntchito popitiliza ntchito zinali zofanana ndi nthawi yomweyi mu 2021. Kuchepa pang'ono kwa ndalama zomwe zinagwiritsidwa ntchito poyambira kotala kunali chifukwa cha kusakanikirana ndi nthawi yomwe ndalama zomwe zinagwiritsidwa ntchito pazinthu zazikulu zinagwiritsidwa ntchito.
Ndalama zomwe zimawononga chiwongola dzanja mu kotala yoyamba ya 2022 zidakwera ndi $0.7 miliyoni kuchokera chaka chapitacho chifukwa cha ngongole zambiri zomwe kampaniyo idapereka komanso ndalama zomwe kampaniyo idalipira chifukwa cha ngongole ya mlatho.
Ndalama zonse zomwe Calfrac adagwiritsa ntchito pogwira ntchito mu kotala yoyamba zinali $12.1 miliyoni, poyerekeza ndi $10.5 miliyoni mu nthawi yomweyi mu 2021. Ndalama zimenezi zikugwirizana kwambiri ndi ndalama zokonzera zinthu ndipo zikuwonetsa kusintha kwa chiwerengero cha zida zomwe zikugwiritsidwa ntchito ku North America kwa nthawi ziwiri.
Kampaniyo idawona kusintha kwa ndalama zogwirira ntchito kotala yoyamba, poyerekeza ndi $20.8 miliyoni zomwe zidatuluka munthawi yomweyi mu 2021. Kusinthaku kudachitika makamaka chifukwa cha nthawi yosonkhanitsa ndalama zolipirira ndi kulipira kwa ogulitsa, zomwe zidachepetsedwa pang'ono ndi ndalama zogwirira ntchito zambiri chifukwa cha ndalama zambiri zomwe amapeza.
Mu kotala yoyamba ya 2022, ndalama zokwana $0.6 miliyoni za kampaniyo zinasinthidwa kukhala masheya wamba ndipo phindu la ndalama zokwana $0.7 miliyoni linalandiridwa kuchokera ku ma warrants. Pofotokoza mwachidule za ndalama zomwe kampaniyo inagwiritsa ntchito kumapeto kwa kotala yoyamba, ndalama zomwe kampaniyo inagwiritsa ntchito zinali $130.2 miliyoni, kuphatikizapo $11.8 miliyoni. Kuyambira pa 31 Marichi, 2022, kampaniyo inali ndi ngongole yokwana $0.9 miliyoni ya makalata a ngongole ndipo inali ndi ngongole zokwana $200 miliyoni pansi pa ngongole yake, zomwe zinasiya ndalama zokwana $49.1 miliyoni kumapeto kwa kotala yoyamba.
Ngongole ya kampaniyo ili ndi malire ndi ndalama zokwana $243.8 miliyoni pamwezi kuyambira pa 31 Marichi, 2022. Malinga ndi malamulo a ngongole yosinthidwa ya kampaniyo, Calfrac iyenera kukhala ndi ndalama zosachepera $15 miliyoni panthawi yotulutsa panganoli.
Pofika pa 31 Marichi, 2022, kampaniyo yatenga ndalama zokwana $15 miliyoni kuchokera ku ngongole ya mlatho ndipo ikhoza kupempha ndalama zina zokwana $10 miliyoni, ndi phindu lalikulu la $25 miliyoni. Kumapeto kwa kotala, nthawi yokwanira ya ngongoleyo inakulitsidwa mpaka pa 28 Juni, 2022.
Zikomo, Mike. Tsopano ndikuwonetsa momwe Calfrac ikugwirira ntchito m'malo osiyanasiyana padziko lonse lapansi. Msika wathu waku North America unapitiliza kugwira ntchito m'magawo oyamba a chaka chino, monga momwe tinkayembekezera, ndi kufunikira kwakukulu kwa zida kuchokera kwa opanga kuphatikiza ndi kuchepa kwa zinthu zomwe zilipo kale.
Tikuyembekeza kuti msika upitirire kuuma ndipo opanga ena sadzatha kugwira ntchito zawo, zomwe zikusonyeza kuti tikhoza kukweza mitengo kuti tipeze phindu loyenera kuchokera ku zida zomwe timagwiritsa ntchito.
Ku US, zotsatira zathu za kotala yoyamba zawonetsa kusintha kwakukulu kotsatizana komanso chaka ndi chaka, makamaka chifukwa cha kuchuluka kwakukulu kwa ogwiritsa ntchito m'masabata asanu ndi limodzi omaliza a kotala.
Masabata 6 oyambirira sanali abwino kwenikweni. Tinawonjezera kugwiritsa ntchito magalimoto onse 8 mu Marichi ndipo tamaliza ndi 75% poyerekeza ndi Januwale. Kugwiritsa ntchito kwambiri pamodzi ndi kubwezeretsedwa kwa mitengo mu Marichi kunalola kampaniyo kumaliza kotala ndi magwiridwe antchito abwino kwambiri azachuma.
Gulu lathu la 9 liyamba kugwira ntchito kumayambiriro kwa Meyi. Tikufuna kusunga izi kwa chaka chonse pokhapokha ngati kufunikira kwa makasitomala ndi mitengo yake zikuthandizira kuti chipangizocho chiziyambiranso kugwira ntchito.
Tili ndi kuthekera kopanga gulu lankhondo la khumi, mwina kwambiri, kutengera mitengo ndi kufunikira. Ku Canada, zotsatira za kotala loyamba zidakhudzidwa ndi ndalama zoyambira bizinesi komanso ndalama zolowera zomwe tinkafuna kupeza kuchokera kwa makasitomala.
Tili ndi theka lachiwiri la 2022 lolimba chifukwa cha kuyambitsidwa kwa sitima yathu yachinayi yopachika ma fracturing ndi chipangizo chathu chachisanu chopachika machubu kuti tikwaniritse kufunikira kwa makasitomala komwe kukukula. Kotala lachiwiri lidapita patsogolo monga momwe timayembekezera, ndi kuyamba pang'onopang'ono chifukwa cha kusokonekera kwa nyengo. Koma tikuyembekeza kuti sitima zathu zinayi zazikulu zopachika ma fracturing zigwiritsidwe ntchito kwambiri kumapeto kwa kotala, zomwe zipitirira mpaka kumapeto kwa chaka.
Pofuna kuyang'anira ndalama zogulira mafuta panthawi ya tchuthi cha masika, gawo la Canada linasamutsa antchito ake kwa kanthawi kuchokera ku Canada kupita ku United States kuti athandize kukulitsa ntchito ku United States. Ntchito zathu ku Argentina zikupitilirabe kuvutika ndi kuchepa kwa ndalama komanso kukwera kwa mitengo, komanso kuwongolera ndalama zokhudzana ndi kutuluka kwa ndalama kuchokera mdzikolo.
Komabe, posachedwapa takonzanso pangano mu Vaca Muerta shale lomwe lidzaphatikiza kuwonjezeka kwa mitengo ya fracturing fleets ndi machubu ozungulira ndi makasitomala omwe alipo, kuyambira theka lachiwiri la 2022.
Tikuyembekeza kuti tigwiritse ntchito bwino kwambiri chaka chonse. Pomaliza, tikupitiliza kugwiritsa ntchito magawo oyamba a nthawi yomwe tikufuna kuti tipeze phindu lokhazikika kwa omwe ali ndi magawo athu.
Ndikufuna kuyamikira gulu lathu chifukwa cha ntchito yawo yolimba mu kotala lapitali. Ndikufunitsitsa chaka chonse komanso chaka chamawa.
Zikomo, George. Tsopano ndibweza foni kwa woyendetsa wathu kuti ndipeze gawo la mafunso ndi mayankho la foni ya lero.
[Malangizo a Ogwira Ntchito]. Tiyankha funso loyamba kuchokera kwa Keith MacKey wa RBC Capital Markets.
Tsopano ndikungofuna kuyamba ndi US EBITDA pa gulu lililonse, mulingo wotuluka mu kotala lino ndi wokwera kwambiri kuposa momwe kotala linayambira. Kodi mukuwona kuti zomwe zikuchitika mu theka lachiwiri la chaka? Kodi mukuganiza kuti pa EBITDA iliyonse ya gulu lililonse, mu kotala lachitatu ndi kotala lachinayi, mungakhale ndi avareji ya $15 miliyoni? Kapena tiyenera kuwona bwanji izi?
Taonani, ndikutanthauza, taonani, tikuyesera kupeza yathu — uyu ndi George. Tikuyesera kuyerekeza msika wathu ndi omwe tikupikisana nawo. Sitili ndi manambala abwino kwambiri. Timakonda kuyamba ndi $10 miliyoni ndikugwira ntchito yanu mpaka $15 miliyoni. Chifukwa chake tikuyesera kuwona kupita patsogolo. Pakali pano, tikuyang'ana kwambiri pakugwiritsa ntchito ndikuchotsa mipata yomwe ili munthawi zathu. Koma pamapeto pake, inde, tikufuna kukhala pakati pa $10 miliyoni ndi $15 miliyoni.
Ayi, n'zomveka. Mwina pankhani ya ndalama zokha, ngati mukufuna kuyambitsa magulu 10 ankhondo ku US, ngati muli ndi chiyerekezo cha zimenezo pakadali pano, mukuganiza kuti zimenezo zidzakhala bwanji pankhani ya ndalama?
$6 miliyoni. Ife — ndikutanthauza kuti tili ndi mphamvu zoti tipite ku magulu 13 onse. Koma magulu a 11, 12 ndi 13 adzafunika ndalama zoposa $6 miliyoni. Tikugwira ntchito yopeza manambala omaliza ngati kufunikira kwapitirira ndipo anthu ayamba kulipira kugwiritsa ntchito chipangizochi.
Ndamva. Yamikirani mtundu umenewo. Pomaliza, mwanena kuti munasamutsa antchito ena pakati pa Canada ndi US mu kotala yoyamba. Mwina ingolankhulani zambiri za unyolo wogulira zinthu, mukuwona chiyani pankhani ya antchito? Munawona chiyani pagombe? Tamva kuti vutoli likuyamba kukhala vuto lalikulu, kapena vuto lalikulu pankhani yowongolera liwiro la ntchito zamafakitale mu kotala yoyamba?
Inde, ndangoganiza — ndikuganiza kuti tinati sitinasamuke mu kotala yoyamba koma mu kotala yachiwiri chifukwa US inali yotanganidwa mu kotala yachiwiri ndipo panali kugawanika ku Western Canada. Ndinkangofuna kufotokoza. Taonani, makampani onse, aliyense akukumana ndi mavuto, mavuto okhudzana ndi unyolo wogulira zinthu. Tikuyesetsa kukhala abwino kwambiri. Panali vuto la mchenga ku Canada mu kotala yoyamba. Tidzayesetsa momwe tingathere kuti tithane nalo.
Koma sizinasinthe. Iyi ndi nkhani yosinthasintha. Tiyenera kupitilizabe patsogolo monga wina aliyense. Koma tikukhulupirira kuti zinthuzi sizitilepheretsa kupereka ntchito yabwino kwa makasitomala athu.
Ndingofuna kubwerera ku ndemanga yanu yokhudza kuwonjezera ma fleet ena kapena awiri ku US, ndikutanthauza, pamlingo wapamwamba, kodi muyenera kuyambitsanso ma fleet amenewo kuti mitengo ikwere pang'ono? Ngati ndi choncho, kodi mungathe kuyika zigoli zina mozungulira momwe zinthu zilili?
Kotero tsopano tikuyendetsa magulu 8. Tikuyamba Masewera 9 Lolemba, Okutobala 8 - pepani, Meyi 8. Onani, ndikutanthauza kuti pali zinthu ziwiri apa. Tikukhulupirira kuti tidzalandira mphotho. Tikufuna lonjezo lotsimikizika kuchokera kwa makasitomala athu.
Zili ngati fomu yoti munthu atenge kapena alipire - sitidzagwiritsa ntchito ndalama ndikuzipanga kukhala njira yopanda pake pomwe angatichotse nthawi iliyonse yomwe akufuna. Chifukwa chake, titha kuganizira zinthu zina. Tikufuna kudzipereka kolimba komanso chithandizo chosasunthika - ngati angosintha maganizo awo, ayenera kutilipira - mtengo wogwiritsa ntchito zinthuzi pano.
Koma kachiwiri, tiyenera kuwonetsetsa kuti gulu lililonse lankhondo likhoza kupeza pakati pa $10 miliyoni ndi $15 miliyoni kuti lithe kutumiza zinthu zatsopanozi — gulu latsopanoli kapena gulu lina lankhondo, pepani.
Kotero ndinaganiza kuti mwina palibe vuto kubwerezanso kuti mitengo ikuyandikira kwambiri milingo imeneyo. Koma chofunika kwambiri, mukufuna kuwona kudzipereka kwa makasitomala anu. Kodi izi ndi zolungama?
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