Calgary, Alberta, Mbudzi 3, 2021 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (“Kambani” kana “STEP”) inofara kuzivisa kuti mhedzisiro yayo yemari nekushanda kwemwedzi waGunyana 2021. Chiziviso chinotevera chenhau chinofanira kubatanidzwa nehurukuro yehutungamiriri nekuongorora (“MD&A”) kwemwedzi mitatu nemipfumbamwe yakapera Gunyana 30, 2021 uye zvirevo zvemari zvepakati zvisina kuongororwa zvisina kunyorwa uye (“Zviziviso Zvemari zveKota Nekota”). Vaverengi vanofanirawo kutarisa zvikamu zve “Ruzivo neZviziviso Zvemberi” uye “Zviyero Zvisiri zveIFRS” pakupera kwechiziviso ichi chenhau. Kunze kwekunge zvataurwa neimwe nzira, huwandu hwemari nematanho ese anotaurwa mumadhora ekuCanada. Kuti uwane rumwe ruzivo nezve STEP, ndapota shanyira webhusaiti yeSEDAR www.sedar.com, kusanganisira pepa reruzivo rwegore rekambani regore rakapera Zvita 31, 2020 (rakanyorwa munaKurume 2021 17) (“AIF”).
(1) Ona Zviyero Zvisiri zveIFRS. "Adjusted EBITDA" chiyero chemari chisina kuratidzwa maererano neIFRS uye chakaenzana nemari isati yasvika, kudzikira kwemitengo uye amortization, kurasikirwa (gains) pakurasikirwa kwepfuma nemidziyo, mitero iripo uye yakanonoka uye mari yekudzoserwa (kurasikirwa), muripo wemari, mari yekutengeserana, kurasikirwa kwechibvumirano chemari yekune dzimwe nyika (gain), kurasikirwa kwemari yekune dzimwe nyika (gain), kurasikirwa kwemari yekune dzimwe nyika (gain), kurasikirwa kwemari yekune dzimwe nyika (degeneration loss). "Adjusted EBITDA %" inoverengwa seAdjusted EBITDA yakakamurwa nemari inowanikwa.
(2) Ona Matanho Asiri eIFRS. 'Mari yekushandisa', 'Zvikwereti zvemari zvenguva refu' uye 'Chikwereti cheNet' zviyero zvemari zvisingaunzwe zvichienderana neIFRS. "Mari inoshanda" inoenzana nezvinhu zvese zviripo pasina zvikwereti zvese zviripo."Zvikwereti zvemari zvenguva refu" zvinosanganisira zvikwereti zvenguva refu, zvisungo zverendi yenguva refu nezvimwe zvikwereti. "Chikwereti cheNet" chinoenzana nezvikwereti nezvikwereti zvisati zvabhadhariswa mari yekubhadhara yakaderedzwa, mari shoma nemari yakaenzana nemari.
Muchidimbu Chikamu chechitatu cha2021 Chikamu chechitatu cha2021 chaive chikamu chakasimba cheSTEP kubva pakutanga kwedenda pakutanga kwa2020. Kubudirira uku kwakakonzerwa nekudzora kwakasimba kwemitengo yemukati uye kuwedzera kwemabasa nevatengi vedu sezvo mitengo yezvinhu yakakwira kusvika pakukwirira kwemakore akawanda uye zvinhu zvepasi rose zvakaramba zvichidzikira nekuda kwekuwedzera kwemabasa ehupfumi uye kuwanda kwemari.
Kukwira kwekudiwa kwemahydrocarbon nemitengo kwakaita kuti kugadzirwa kwemagetsi kuwedzere zvishoma nezvishoma muCanada neUnited States, uye kuvandudzwa kwebasa rekuchera kwakakurudzira kudiwa kwemasevhisi ekambani. Kana zvabatanidzwa, STEP yakaburitsa matani 496,000 eproppant mukota yechitatu ya2021, zvichienzaniswa nematani 283,000 mukota yechitatu ya2020 uye matani 466,000 mukota yechipiri ya2021. Makambani ekuUS akawana avhareji yemarig 484 mukota yechitatu ya2021, akakwira ne101% pagore uye 11% zvichiteerana. Huwandu hwemarig ekuCanada hwakaita avhareji yemarig 150 mukota yechitatu, kuwedzera kwe226% kubva mukota yechitatu ya2020 uye kuwedzera kwe111% kubva mukudzikira kwemabasa emwaka kwakaonekwa mukota yechipiri ya2021 nekuda kwekuputsika kwechirimo.
Mari inowanikwa neSTEP muchikamu chechitatu chegore ra2021 yakawedzera ne114% kubva panguva imwe chete gore rapfuura uye 24% kubva muchikamu chechipiri chegore ra2021, zvichikwira kusvika pamadhora $133.2 miriyoni. Kukura kwegore negore kwakakonzerwa nekupora kwakasimba muna 2020 kubva pakuderera kwebasa. Mari inowanikwa yakatsigirwawo nekushandiswa kwakanyanya muCanada neUS uye mitengo yakakwira zvine mwero.
STEP yakagadzira EBITDA yakagadziriswa yemadhora $18.0 miriyoni muchikamu chechitatu cha2021, kuwedzera kwe98% kubva pamadhora $9.1 miriyoni akawanikwa muchikamu chechitatu cha2020 uye kuwedzera kwe54% kubva pamadhora $11.7 miriyoni muchikamu chechipiri cha2021. Kwemwedzi mitatu yakapera Gunyana 30, 2021, kambani iyi yakagamuchira $1.1 miriyoni pasi pechirongwa cheCanada Emergency Wage Subsidy (“CEWS”) (Gunyana 30, 2020 - $4.5 miriyoni, Chikumi 30, 2021 - $1.9 miriyoni USD) kuti ideredze mari yevashandi. Makambani ari kuona kukwira kwemitengo kuchipinda mubhizinesi, zvichiratidza misika yevashandi yakaoma uye zvipingamupinyi zvepasi rose zvekutengesa, izvo zvakakonzera mitengo yakakwira, nguva refu yekutungamira, uye dzimwe nguva kushomeka chaiko.
Kambani yakawana kurasikirwa kwemamiriyoni mazana matatu nemana emadhora (mari inowanikwa pachikamu chimwe nechimwe yemadhora 0.05) muchikamu chechitatu chegore ra2021, kuvandudzika kubva pakurasikirwa kwemamiriyoni mazana mapfumbamwe nesere emadhora (mari inowanikwa pachikamu chimwe nechimwe yemadhora 0.14) uye kurasikirwa kwemamiriyoni gumi nemana emadhora muchikamu chekutanga chegore ra2021, mamiriyoni gumi nematanhatu emadhora muchikamu chechipiri (mari inowanikwa pachikamu chimwe nechimwe yemadhora 0.16). Kurasikirwa kwemari kunosanganisira mari inosvika mamiriyoni matatu nemazana mapfumbamwe emadhora (chikamu chechitatu chegore ra2020 - mamiriyoni matatu nehafu, chikamu chechipiri chegore ra2021 - mamiriyoni matatu nemana emadhora) uye muripo wemari inosvika mamiriyoni matatu emadhora (chikamu chechitatu chegore ra2020 - mamiriyoni matatu nehafu), chikamu chechipiri chegore ra2021 - mamiriyoni maviri nemazana matanhatu emadhora). Kuderera kwemari inowanikwa kwakakonzerwa nemari yakakwira yakakonzerwa nebasa rakawanda, pamwe chete nekukura kwakarongeka uye kuchengetedzwa kwemari yepamusoro uye hupfumi hwenzvimbo kubva muchimiro chekutengesa, chezvese uye chekutonga ("SG&A").
Chiyero chemari chakaramba chichikura sezvo mabasa achiwedzera. Sechikamu chezvinangwa zvayo zveEnvironmental, Social and Governance (“ESG”), kambani iyi inoramba ichiita mari yakanangana nekuvandudza mashandiro ayo uye kuderedza kukanganisa kwemabasa ayo. Inoisawo mari mumari yekushanda kuti igadzirise kuwedzera kwemari inobhadharwa uye huwandu hwezvinhu zviri muakaundi kuti zvisvike pamazinga emari akakwira. Mari yekushanda musi wa30 Gunyana, 2021 yaive $33.2 miriyoni, kubva pa $44.6 miriyoni musi wa31 Zvita, 2020, zvakanyanya nekuda kwekuiswa kwe $21 miriyoni muzvikwereti zviripo zvine chekuita nekubhadharwa kwechikwereti kwakarongwa kutanga muna 2022 (2020 Zvita 31st - hapana).
Kusimbiswa kwemari yechikwereti pamwe nemaonero akanaka emari ye2021 ne2022 zvinoita kuti kambani ikwanise kuwedzera nguva yechikwereti chayo kusvika Chikunguru 30, 2023 (ona Liquidity and Capital Resources – Capital Management – ​​Debt). Kubva musi waGunyana 30, 2021, kambani iri kuramba ichitevedzera zvibvumirano zvemari nezvisiri zvemari pasi pechikwereti chedu uye haitarisirwi kutsvaga kuwedzerwa kwezvibvumirano zvechibvumirano.
Mamiriro Eindasitiri Mwedzi mipfumbamwe yekutanga ya2021 yakaona kuvandudzika kwakanaka mumabasa ehupfumi, zvichikonzera tariro yerasara ra2021 kusvika muna 2022. Kunyange hazvo kudiwa kwemafuta asina kucheneswa kusina kusvika padanho rekutanga kwedenda, kudiwa kwemafuta asina kucheneswa kwakavandudzika, nepo zvinhu zvakawanikwa zvakadzoka zvishoma nezvishoma, zvichikonzera kudzikira kwemari yezvinhu zviri muzvitoro. Izvi zvakasimbisa mitengo yakasimba yezvinhu, zvichisvika pakukwirira kwemakore akawanda, zvichikonzera kuwedzera kwemabasa ekuchera nekupedzisa mabasa uye kudiwa kwemasevhisi edu.
Tinotarisira kuti hupfumi hwenyika yose huchaenderera mberi, nekuwedzera kwemari uye kudiwa kwevatengi kuri kuwedzera zvichikonzera mabasa ehupfumi. Sangano reOECD rinofanotaura kuti Gross Domestic Product (“GDP”) yeCanada ichakura ne6.1% muna 2021 uye 3.8% muna 2022, ukuwo US GDP ichakura ne3.6% muna 2021 uye 3.6% muna 2022. Izvi zvinotarisirwa kuwedzera kudiwa kwesimba. Kukura kwekugadzirwa nguva dzose muSangano reNyika Dzinotengesa Petroleum (“OPEC”), Russia nevamwe vagadziri (pamwe chete “OPEC+”), pamwe chete nekusadyara mari kwazvino uno uye kudzikira kwekugadzirwa zvichikonzera kudzvinyirirwa kwekugovera zvinhu kuNorth America zvinotarisirwa kuchengetedza chiyero chemagetsi pasi rose.
Mitengo yezvinhu yakakwira uye yakagadzikana inofanira kutungamira kukuwedzera kudiki kwezvirongwa zvemari zvevagadziri vemafuta negesi vekuNorth America. Tiri kutanga kuona musiyano mumusika sezvo makambani eruzhinji ari kuderedza mari yavo nekuda kwekumanikidzwa kwevanoisa mari kuti vadzosere mari kune vane masheya, ukuwo makambani akazvimirira ari kuwedzera zvirongwa zvavo zvemari kuti vashandise mukana wekuvandudza mitengo yezvinhu. Kuwanikwa kwemagetsi kuNorth America kwakanganiswawo nematambudziko ekuwedzera kwevashandi uye cheni yekugovera izvo zvakaderedza kukura kwebasa. Dambudziko riripo parizvino, rinokonzereswa neDelta variant, rakakanganisa mashandiro zvakanyanya kupfuura mafungu apfuura, richida kutaurirana nguva dzose nevatengi nevashandi vekushanda kuti vashandise vashandi vakakodzera varipo. Musika wevashandi uri kurwisa kushomeka, nemakwikwi makuru mumaindasitiri akawanda, uye vashandi vanokodzera vari kusarudza kubva mumaindasitiri ezviwanikwa, zvichikonzera kuwedzera kwemitengo sezvo vashandi varipo nevanogona kuda mihoro yakakwira. Macheni ezviwanikwa zvezvikamu, simbi, zvigadzirwa zvemagetsi uye makemikari muindasitiri yebasa remafuta zvakakanganiswawo nenguva refu yekutungamira, nemamwe makotesheni ekutumira anopfuura mwedzi gumi nemiviri mushure meodha, uye mitengo ichiwedzera.
Musika weCanada wemidziyo yekubatanidza machubhu nefracturing wava kusvika pakuenzana. Mabasa ekuchera nekupedzisa ari kuwedzera anotarisirwa kuwedzera kudiwa kwekuwedzera kugona kwemusika. STEP icharamba ichitsigira kuti indasitiri irambe ichizvidzora, ichiwedzera vashandi chete kana mitengo ichiratidza kuziva kwevagadziri nezvekuvandudzwa kwehupfumi kunounzwa nemitengo yepamusoro yezvinhu.
1 (Canada Economic Snapshot, 2021) Yakatorwa kubva https://www.oecd.org/economy/canada-economic-snapshot/2 (US Economic Snapshot, 2021) Yakatorwa kubva https://www.oecd.org/economy /US Economic Snapshot/
MuUS, musika wemidziyo yekubatanidza nekubvisa michina wakawandisa zvishoma, asi unotarisirwa kusvika pakuenzana munguva pfupi iri kutevera. Kuwedzera kwebasa munguva pfupi yapfuura kwakaita kuti pave nevamwe vatsva vanotanga kushanda mumusika mudiki nepakati. Vatanga kushanda ava vakadzoreredza midziyo yekare yakanga isina tekinoroji inoshanda uye isingadhuri semidziyo yepamusoro inofambiswa neSTEP nevamwe vatungamiriri vemusika. Kunyangwe vatambi vatsva ava vaine kugona kwakawedzerwa, kudiwa uye kuwanikwa kwemidziyo kunotarisirwa kuwedzera sezvo kushomeka kwevashandi kuchaderedza huwandu hwemidziyo iripo mumusika.
Mitengo yakakwira inodiwa kuti indasitiri yemabasa emafuta ikwanise kuramba ichiwedzera mabasa ayo uye kudzivirira kuwedzera kwemari nekuda kwekukwira kwemitengo. Mabhenefiti emitengo yakakwira yezvinhu akatamira kuchikamu chemabasa, icho chinoramba chiri pasi pemazinga akasimba. STEP iri muhurukuro dzemitengo nevatengi muCanada neUS uye inotarisira kuona kuvandudzwa kwemitengo yeCanada neUS muQ4 2021 neH1 2022.
Kuvandudzwa uku kwakakosha kuti chikamu chemabasa emafuta chikwanise kupindura nyaya yeESG iri kukura muindasitiri. STEP yaive mutungamiriri wekutanga mukugadzira michina ine utsi hushoma uye icharamba ichiita izvi, zvichienderana nekuzvipira kwayo kuunza mhinduro itsva kumusika. Inoshandisa pombi ye184,750-horsepower (“HP”) dual-fuel frac pump uye pombi yeTier 4 ine utsi hunosvika 80,000-horsepower frac pump, uye iri kuwedzera tekinoroji yekudzikisa idle kune dzimwe nzvimbo dziri kuwedzera kuderedza kukanganisa kwayo nharaunda. Kambani iyi yakatorawo matanho ekuisa magetsi, ichigadzira STEP-XPRS integrated coil and fracturing unit, iyo inoderedza mafambiro emidziyo nevashandi ne30%, inoderedza ruzha ne20%, uye inoderedza utsi neanenge 11%.
Maonero eKota 4 2021 neKota 1 2022 MuCanada, Kota 4 2021 inotarisirwa kupfuura Kota 4 2020 neKota 4 2019. Maonero ekota yekutanga ya2022 anotarisirwa kunge akasimba zvakafanana. Musika unoramba uchikwikwidzana uye uchinetseka nekuwedzera kwemitengo, asi kuwedzera kwemabasa kunotarisirwa mukota yekutanga ya2022 kwakaita kuti vamwe vagadziri vatamise zvirongwa zvekuboora nekupedzisa kukota yechina ya2021 kuti vawane michina. Kambani iyi yakagamuchirawo mibvunzo nezvekuwanikwa kwemidziyo mukota yechipiri ya2022, kunyangwe kuonekwa mukota kwakaramba kuri kushoma. Vashandi vemichina vave chinhu chakakosha pakushanda, uye manejimendi ari kutora matanho ekukwezva nekuchengetedza tarenda repamusoro. Dambudziko iri reindasitiri rinotarisirwa kuderedza kuwanikwa kwemimwe michina mumusika.
Mabasa eSTEP muUS akaratidza kukura kwemari inowanikwa mukota yechitatu yegore ra2021, tsika yatinotarisira kuramba tichiita mugore rose kusvika mugore ra2022. Kuchera nekupedzisa basa kuri kuramba kuchikura nekukurumidza kupfuura Canada, uye huwandu hwezvinhu zvinodiwa nekambani hunofanira kuramba huchikwira. Kushandiswa kwakanyanya kwezvikepe zvitatu zvekambani zvinopwanyika kunotarisirwa kubva mukota yechina yegore ra2021 kusvika 2022, uye vatengi vachabhuka michina pakati pekota yechipiri. Basa reUS coiled tube rinotarisirwawo kuwedzera, nekushandiswa kwakawanda kuri kutarisirwa pakati pekota yechina nepakati pekota yechipiri yegore ra2022. Kambani iyi inotarisira kuti mitengo irambe ichikwira uye ine mukana wekuwedzera zvikepe zvine hungwaru. SekuCanada, matambudziko evashandi muUnited States achiri chipingamupinyi chikuru pakudzosera michina mumunda.
Mari Yakagadziridzwa yemwedzi mitatu nemipfumbamwe yakapera musi wa30 Gunyana 2021 yakabvumira STEP kuti ibudirire kubata nguva yekurerutsirwa kwesungano nerutsigiro rwemabhanga edu (ona Liquidity and Capital Resources – Capital Management – ​​Debt). Kambani inotarisira kudzokera kumatanho emari nechikwereti pakati pa2022 uye, nekudaro, haitarisiri kuwedzera nguva yekurerutsirwa kwechikwereti.
Mari Inoshandiswa Pakugadzira Mari Chirongwa chekambani chegore ra2021 chinoramba chiri pamadhora mamiriyoni makumi matatu nemapfumbamwe ($39.1 miriyoni) emari yekugadzirisa uye mamiriyoni manomwe nematanhatu ($7.6 miriyoni) emari yekugadzirisa. Pamari iyi, mamiriyoni gumi nemasere nemakumi maviri nemaviri ($18.2 miriyoni) aive emabasa ekuCanada uye mamiriyoni makumi maviri nemapfumbamwe ($20.9 miriyoni) aive emabasa ekuUS. ​​Kambani iyi yakagovera mamiriyoni makumi maviri nemashanu ($25.5 miriyoni) emari yekushandisa mari kwemwedzi mipfumbamwe yakapera musi wa30 Gunyana, 2021, uye inotarisira kuti bhajeti ra2021 rienderere mberi kusvika mugore remari ra2022. STEP icharamba ichiongorora nekutarisira michina yayo ine vanhu uye zvirongwa zvemari zvichibva pakudiwa kwemusika kwemasevhisi eSTEP uye ichaburitsa bhajeti ra2022 mushure mekupera kwechirongwa chebhizinesi chegore negore.
STEP ine machubhu gumi nematanhatu akakomberedzwa paWCSB. Machubhu akakomberedzwa ekambani akagadzirirwa kushanda mumatsime akadzika eWCSB. Mabasa eSTEP ekupwanya machubhu akatarisana nemabhuroko akadzika uye akaomarara muAlberta nekuchamhembe kwakadziva kumabvazuva kweBritish Columbia. STEP ine simba remabhiza 282,500, ayo angangoita 132,500 anokwanisa kushandisa mafuta maviri. Makambani anoshandisa kana kushandisa machubhu akakomberedzwa kana simba remabhiza rakakomberedzwa zvichienderana nekukwanisa kwemusika kutsigira kushandiswa kwakanangana uye purofiti yehupfumi.
(1) Ona zviyero zvisiri zveIFRS.(2) Zuva rekushanda rinotsanangurwa sechero basa rekuvhara nekubvisa machubhu akabatanidzwa rinoitwa mukati memaawa makumi maviri nemana, kusasanganisa michina yekutsigira.
Bhizinesi rekuCanada rakaramba richivandudzika muchikamu chechitatu chegore ra2021 zvichienzaniswa nechikamu chechitatu chegore ra2021, nemari yakawedzera nemadhora mamiriyoni makumi matatu nemasere negumi ($38.7 miriyoni) kana kuti 86% zvichienzaniswa nechikamu chechitatu chegore ra2020. Kupwanya matombo kwakawedzera nemadhora mamiriyoni makumi matatu nemashanu ($35.9 miriyoni), ukuwo mari yekubatanidza machubhu yakawedzera nemadhora maviri nemakumi masere ($2.8 miriyoni). Kuwedzera kwemadhora mamiriyoni zvichienzaniswa nenguva imwe chete muna 2020. Kuwedzera kwekuboora nekupedzisa mabasa uye musanganiswa wevatengi vedu kwakaita kuti mazuva ekushanda awedzerwe kune ese ari maviri.
Bhizinesi rekuCanada rakawana EBITDA yakagadziriswa yemadhora $17.3 miriyoni (21% yemari inowanikwa) muchikamu chechitatu cha2021, yakakwira zvishoma pane $17.2 miriyoni (38% yemari inowanikwa) muchikamu chechitatu cha2020. Kunyangwe mari yakakwira, Adjusted EBITDA haina kuchinja nekuda kwekudzikira kweCEWS muchikamu chechitatu. Chikamu chechitatu cha2021 chaisanganisira CEWS yemadhora $1.3 miriyoni zvichienzaniswa nemadhora $4.1 miriyoni muchikamu chechitatu cha2020. Chikamu chechitatu chakakanganiswawo nekudzoserwa kwemari yekubatsira ine chekuita nekubhadharwa uye kudzoserwa kwemari yemihoro kubva muna Ndira 1, 2021. Kunyange hazvo hurongwa hwepamusoro neSG&A hwakawedzera kutsigira kuwedzera kwemabasa emunda zvichienzaniswa nechikamu chechitatu cha2020, kambani yakazvipira kuchengetedza hurongwa hwemitengo husina kusimba.
Mari inowanikwa muCanada yefracking yemadhora mamiriyoni makumi matanhatu nemashanu nemakumi matatu yakawedzera zvakanyanya kana tichienzanisa nenguva imwe cheteyo muna 2020 sezvo STEP yakashandisa maspread mana kana tichienzanisa nemaspread matatu muchikamu chechitatu cha2020. Kushandiswa kwakakodzera kwemutsara webasa kwaive mazuva mazana maviri nemakumi mana nemana, zvichienzaniswa nemazuva zana nemakumi mashanu nemasere muchikamu chechitatu cha2020, asi kwakakanganiswa nenguva yekusashanda kwekutanga kwaGunyana. Chikamu chekusashanda uku kunokonzerwa nekuchinja kweindasitiri kuenda kumhando yebasa "yakakodzera panguva chaiyo", iyo yakakanganiswa zvakanyanya nedenda muchikamu chino, uye kumanikidzwa kwemitengo kwakaramba kuchikwikwidzana. Mari inowanikwa yemadhora mazana maviri nemakumi matanhatu nemasere ezviuru pazuva yakawedzera kubva pamadhora zana nemakumi masere nematanhatu ezviuru pazuva muchikamu chechitatu cha2020, kunyanya nekuda kwekusanganiswa kwevatengi kwakaita kuti STEP ipe huwandu hweproppant inopombwa. Inenge 67% yematsime ekurapa igesi rechisikigo uye condensate muMontney formation, nezvimwe zvakasara kubva mukugadzirwa kwemafuta echiedza. Mitengo yakasimba yegesi rechisikigo inoramba ichikurudzira kudiwa kwemabasa edu efracking kuchamhembe kwakadziva kumadokero kweAlberta nekuchamhembe kwakadziva kumabvazuva. British Columbia.
Mari yekushandisa inowedzera nekushanda, uye mari yezvigadzirwa nekutumira inonyanya kuzivikanwa nekuda kwekuwedzera kwemari inopihwa neSTEP. Mari yekubhadhara vashandi yakakwirawo nekuda kwekuwedzera kwehuwandu hwevashandi uye kudzoserwa kwemari yekubhadhara. Pasinei nemitengo yakakwira, mupiro wemabasa ekubvisa fracturing kumhedzisiro yebasa wakakwira kupfuura muchikamu chechitatu chegore ra2020 nekuda kwemabasa akawanda uye kushanda kwakasimba kwekushanda munzvimbo dzevatengi.
Mari inowanikwa muCanada muchikamu chechitatu chegore ra2021 yaive $18.2 miriyoni, kubva pamadhora $15.4 miriyoni munguva imwe cheteyo muna 2020, nemazuva ebhizinesi mazana matatu nemakumi mashanu nematanhatu zvichienzaniswa nemazuva mazana matatu negumi nemapfumbamwe muchikamu chechitatu chegore ra2020. STEP yakashanda avhareji yemayuniti manomwe emuchubhu akaumbwa muchikamu chechitatu chegore ra2021, zvichienzaniswa nemayuniti mashanu gore rapfuura. Kuwedzera kwevashandi uye kudzoserwa kwekudzikiswa kwemihoro kwakaitwa muna 2020 zvakakonzera mari yakawanda yemihoro, nepo musanganiswa wevatengi nemabasa zvakakonzera mari yakawanda yezvigadzirwa nemuchubhu akaumbwa. Mhedzisiro yacho ndeyekuti mabasa ekushanda akabatsira zvishoma pakushanda kweCanada zvichienzaniswa nechikamu chechitatu chegore ra2020.
Gore rechitatu ra2021 zvichienzaniswa nerechipiri ra2021 Mari yese inowanikwa muCanada mukota yechitatu ya2021 yaive $83.5 miriyoni, kubva pamadhora $73.2 miriyoni mukota yechipiri ya2021. Mwaka unotangazve nekudzikira kwemwaka nekuda kwekukwira kwechirimo. Izvi zvakakonzerwa nekushandiswa kwemari yakawanda nevatengi vedu nekuda kwekuvandudzwa kwemitengo yezvinhu. Huwandu hwemari mukota yechitatu hwakapetwa kaviri kusvika pa150 kubva pa71 mukota yechipiri ya2021.
EBITDA yakagadziriswa muchikamu chechitatu chegore ra2021 yaive $17.3 miriyoni (21% yemari inowanikwa) zvichienzaniswa ne $15.6 miriyoni (21% yemari inowanikwa) muchikamu chechipiri chegore ra2021. EBITDA yakagadziriswa yakawedzera zvakateerana sezvo mitengo inoshanduka yakawedzera zvichienderana nekuwedzera kwemari inowanikwa uye mitengo yakatarwa yaienderana zvakanyanya. Chikamu chechitatu chegore ra2021 chaisanganisira CEWS ye $1.3 miriyoni, kudzikira kubva pa $1.8 miriyoni yakanyorwa muchikamu chechipiri chegore ra2021.
Fracking yakaramba ichienderera mberi kwemazuva mana, mazuva 244 muQ3 2021 zvichienzaniswa nemazuva 174 muQ2. Mari inosvika mamiriyoni 65.3 haina kuwedzera nenhamba yemazuva ebhizinesi nekuda kwekuderera kwe16% kwemari pazuva. Kunyange hazvo mitengo yakaramba yakafanana mukota yepamusoro pekota, mutengi nemusanganiswa webasa waida simba shoma remagetsi nemidziyo yemumunda, zvichikonzera kudzikira kwemari inowanikwa pazuva. Kudzikira kwemari inowanikwa pazuva kwaive kudzikira kwepropant pumping sezvo STEP yakapomba matani 218,000 epropant padanho rega rega pamatani 63 muQ3 2021 zvichienzaniswa ne275,000 matani padanho rega rega muQ2 2021 142 Ton.
Bhizinesi remachubhu akamonerwa rakaramba richishanda nemayuniti manomwe emachubhu akamonerwa nemazuva ekushanda mazana matatu nemakumi mashanu nematanhatu, richiwana mari inosvika $18.2 miriyoni muchikamu chechitatu chegore ra2021, zvichienzaniswa ne $17.8 miriyoni muchikamu chechipiri chegore ra2021 nemazuva ekushanda mazana matatu nemana. Kushandiswa kwacho kwakaderedzwa zvakanyanya nekuderera kwemari inowanikwa pazuva kubva pa $59,000 kusvika ku $51,000 pazuva muchikamu chechipiri chegore nekuda kwekuwedzera kwemabasa ekuputika kweannular, izvo zvaisanganisira mashoma ematanho ekubatanidza machubhu akamonerwa uye kudzikira kwemari yakabatana nayo.
Kwemwedzi mipfumbamwe yakapera musi wa30 Gunyana 2021, zvichienzaniswa nemwedzi mipfumbamwe yakapera musi wa30 Gunyana 2020, mari yakawanikwa kubva kubhizinesi reCanada kwemwedzi mipfumbamwe yekutanga ya2021 yakawedzera ne59% gore negore kusvika pamadhora $266.1 miriyoni. Mari yekupwanya yakawedzera nemadhora $92.1 miriyoni, kana 79%, nekuda kwemazuva ekushanda akakwira pamwe chete nemari yakakwira yezuva nezuva, kunyanya nekuda kwekuwedzera kwebasa repropant rinopihwa neSTEP. Bhizinesi remachubhu akamonereka rakavandudzika kubva mugore rapfuura, nemari yakakwira nemadhora $6.5 miriyoni, kana 13%, nekuda kwemakwikwi emusika akasimba. Mazuva ekushanda akawedzera ne2% chete, nepo mari yezuva nezuva yakawedzera ne10% nekuda kwekuvandudzwa kwemitengo uye mipiro yakakwira kubva kumasevhisi ekupomba mvura nenitrogen.
EBITDA yakagadziriswa kwemwedzi mipfumbamwe yakapera musi wa30 Gunyana, 2021 yaive $54.5 miriyoni (20% yemari inowanikwa) zvichienzaniswa ne $39.1 miriyoni (23% yemari inowanikwa) yenguva imwe chete muna 2020. EBITDA yakagadziriswa yakavandudzika sezvo kukura kwemari kwakawedzera kukura kwemitengo sezvo mashandiro akaramba aine mari shoma uye chimiro cheSG&A chakaiswa mugore rapfuura. Mari yekushandisa yakakanganiswa nekukwira kwemitengo yezvinhu nekuda kwezvirambidzo zvepasi rose zvekutengesa uye kudzoserwa kwekudzikiswa kwemihoro pakutanga kwa2021. EBITDA yakagadziriswa kwemwedzi mipfumbamwe yakapera musi wa30 Gunyana, 2020 yakakanganiswa zvakanyanya ne $3.2 miriyoni yekusiya basa ine chekuita nekugadzirisa chiyero chemabasa pakutanga kwedenda. Kwemwedzi mipfumbamwe yakapera musi wa30 Gunyana, 2021, CEWS yebhizinesi reCanada yakarekodwa pa $6.7 miriyoni, zvichienzaniswa ne $6.9 miriyoni yenguva imwe chete muna 2020.
Mabasa eSTEP ekuUS akatanga kushanda muna 2015, achipa masevhisi ekugadzira machubhu akamoneredzwa. STEP ine nzvimbo gumi nenhatu dzekugadzira machubhu akamoneredzwa muPermian neEagle Ford Basins muTexas, Bakken Shale muNorth Dakota, uye Uinta-Piceance neNiobrara-DJ Basins muColorado. STEP yakapinda mubhizinesi rekugadzira machubhu eUS muna Kubvumbi 2018. Basa rekugadzira machubhu eUS rine machubhu e207,500 ekugadzira machubhu, ayo angangoita 52,250 HP anokwanisa kushandisa mafuta maviri. Kugadzira machubhu kunoitika kunyanya muPermian neEagle Ford Basins muTexas. Vatungamiriri vanoramba vachigadzirisa kugona kwavo uye kushandiswa kwenzvimbo kuti vawedzere mashandisirwo, kushanda zvakanaka uye kudzoka kwezvinhu.
(1) Ona zviyero zvisiri zveIFRS.(2) Zuva rekushanda rinotsanangurwa sechero basa rekuvhara nekubvisa machubhu akabatanidzwa rinoitwa mukati memaawa makumi maviri nemana, kusasanganisa michina yekutsigira.
Muchikamu chechitatu chegore ra2021 zvichienzaniswa nechikamu chechitatu chegore ra2020, bhizimisi reUS rakaramba richifambira mberi mukuita zvakanaka uye rakagadziriswa EBITDA. Kukwira kwemitengo yezvinhu kwakakurudzira kuwedzera kwebasa rekuchera nekupedzisa, izvo zvakabvumira STEP kutanga ngarava yayo yechitatu yekuchera fracking muchikamu chechitatu chegore ra2021. Mari inowanikwa kwemwedzi mitatu yakapera musi wa30 Gunyana, 2021 yaive $49.7 miriyoni, kuwedzera kwe184% kubva pa $17.5 miriyoni mugore rimwe chete. Zvichienzaniswa negore rapfuura, mabasa ehupfumi muna 2020 akaona kuwedzera mukupindura kudzikira kusati kwamboitika kwedenda. Zvichienzaniswa nechikamu chechitatu chegore ra2020, mari yekuchera fracture yakawedzera ne $20.1 miriyoni uye mari yekuchera fracture yakawedzera ne $12 miriyoni.
EBITDA yakagadziriswa kwemwedzi mitatu yakapera musi wa30 Gunyana, 2021 yaive $4.2 miriyoni (8% yemari inowanikwa) zvichienzaniswa nekurasikirwa kwakagadziriswa kweEBITDA kwe $4.8 miriyoni (8% yemari inowanikwa) kwemwedzi mitatu yakapera musi wa30 Gunyana, 2020 isina 27% yemari inowanikwa). 2020 EBITDA yakakonzerwa nekusakwana kwemari yekubhadhara mari yakatarwa pasinei nekudzingwa mabasa nedzimwe nzira dzekuderedza kukanganiswa kwehupfumi. Bhizinesi rakaramba richiona kuvandudzwa kwemitengo muchikamu chechitatu chegore ra2021, asi zvakawedzera kudhura kuhaya nekuchengeta vashandi vane ruzivo nekuda kwekukwira kwemitengo uye kunonoka kwekutengesa pasi rose, pamwe nemitengo yakakwira yezvinhu nezvikamu nekuda kwemubhadharo wakakwira, Mhedzisiro yacho inokonzeresa dambudziko rekushanda.
Mari inowanikwa muUS fracking yaive $29.5 miriyoni, yakakwira ne215% kubva panguva imwe chete muna 2020, sezvo STEP yaishanda nefracking spreads nhatu zvichienzaniswa neimwe chete gore rapfuura. Mabasa eFracking akawedzera zvishoma nezvishoma muna 2021, ne service line yakakwanisa kusvika mazuva zana nemakumi mapfumbamwe nemashanu ebhizinesi muchikamu chechitatu chegore ra2021, zvichienzaniswa ne39 munguva imwe chete muna 2020. Mari inowanikwa pazuva yakaderera kubva pa$240,000 muchikamu chechitatu chegore ra2020 kusvika pa$151 muchikamu chechitatu chegore ra2021 nekuda kwemari yakaderera inowanikwa neproppant nekuda kwekuchinja kwevatengi sezvo vatengi vakasarudza kutsvaga proppant yavo.
Mari yekushandisa yakawedzera nematanho emabasa, asi iri pasi pekukura kwemari inowanikwa, zvichikonzera mupiro wakakwira zvikuru kubva kumabasa ekushanda kumabasa eUS. Nekuda kwemusika wevashandi wakaoma, mari yevashandi iri kuramba ichikwira uye nguva yekutungamira yezvinhu zvakakosha iri kuwedzera, zvichiwedzera kumanikidzwa kwemitengo. Mitengo yakaramba ichikwira asi yakadzikira nekuda kwekuwanda kwemidziyo uye musika uchiri kukwikwidzana. Mukana uyu unotarisirwa kudzikira mukota yechina uye muna 2022.
Kugadzira machubhu eUS akamonerwa kwakaramba kuchikwira nekuwana mari inosvika $8.2 miriyoni muna 2020, kubva pa $8.2 miriyoni muchikamu chechitatu chegore ra2020. STEP ine machubhu masere akamonerwa uye ine nguva yekushanda kwemazuva 494, zvichienzaniswa nemazuva mashanu ne216 muchikamu chechitatu chegore ra2020. Kuwedzera kwekushandiswa kwakabatanidzwa nemari inosvika $41,000 pazuva, zvichienzaniswa ne $38,000 mugore rapfuura, sezvo mitengo yakatanga kuwedzera muNorth Dakota neColorado. West Texas neSouth Texas dziri kuramba dzichitarisana nezviitiko zvisingawanzoitiki uye mitengo yakaderera nekuda kwemisika yakakamurwa uye makwikwi madiki akadzikisa mitengo yavo kuti iwane mukana wekuwedzera. Pasinei nemakwikwi makuru emusika, STEP yafambira mberi mukuchengetedza kushandiswa kwayo uye kudzoreredzwa kwemitengo nekuda kwekuvapo kwayo mumusika uye mukurumbira wekuita. Kufanana nekupwanyika, kurongedza machubhu akabatana nemitengo yakawedzera inobatanidzwa nevashandi pamwe nezvinhu, zvikamu, nesimbi yetambo yechubhu yakamonerwa.
Kota yechitatu 2021 vs. Kota yechipiri 2021 US Operations kwemwedzi mitatu yakapera musi wa30 Gunyana, 2021 yakaunza $49.7 miriyoni zvichibva pamari yaitarisirwa muchikamu chechipiri chegore ra2021. Mari yekupwanya yakawedzera ne $10.5 miriyoni, ukuwo mari yekuputira necoil yakawedzera ne $4.8 miriyoni zvichiteerana. Kukwira kwemitengo yezvinhu kuri kuramba kuchikonzera kudzoreredzwa kwemabasa ekuboora nekupedzisa, uye mashandiro eSTEP akagadzirira kushandisa mukana wekuwedzera kwekushandiswa.
EBITDA yakagadziriswa yakawedzera $3.2 miriyoni mukota yechitatu ya2021 zvichienzaniswa nekota yechipiri ya2021 sezvo bhizinesi rakakwanisa kuwedzera kugona nekushandiswa nekuwedzera kushoma kwemari yekunze uye chimiro cheSG&A. Mabhizinesi aya anoramba akatarisana nekukura kwakasimba muchimiro cherutsigiro uku achitsvaga kuvandudzwa kwemitengo uye hurongwa hwebasa hwakafanana hwegore rasara kusvika muna 2022.
Kuwedzera kwekupararira kwechikamu chechitatu chekuputika kwemagetsi, pamwe nekuchinja kwemusanganiswa wevatengi uye kuwedzera kwekuda, zvakakonzera kuwedzera kwemari inowanikwa nemakambani ekuputika kwemagetsi. Mutsetse webasa waive nemazuva zana nemakumi mapfumbamwe nemashanu ekushanda muchikamu chechitatu chegore ra2021 zvichienzaniswa nemazuva zana nemakumi mana nematanhatu muchikamu chechipiri chegore ra2021. Mari inowanikwa pazuva yakawedzera kusvika pamadhora zana nemakumi mashanu nerimwe ($151,000) kubva pamadhora zana nemakumi matatu ($130,000) muchikamu chechipiri chegore nekuda kwekuvandudzwa kwemitengo pamwe nekuwedzera kwemakemikari ekugadzira zvinhu ari kuburitswa nekuda kwebasa rakawanda. Mupiro wemabasa ekushanda mukushanda kweUS wakavandudzika sezvo chikamu chechipiri chegore ra2021 chaisanganisira mari dzekuchinja dzine chekuita nekutanga kwechikwata chechitatu chekuputika kwemagetsi, nekuda kwekuwedzera kwemari kubva mukutengesa michina yemagetsi nemakemikari uye mari yekuchengetedza yakaderera. Mari yebasa yakawedzera kutsigira huwandu hwemabasa nemidziyo yekuwedzera.
Mari inowanikwa muUS yakawedzera nemadhora mamiriyoni mana nemazana masere emadhora zvichienzaniswa nechikamu chechipiri cha2021 nekuda kwekuwedzera kwehuwandu hwemabasa, zvichikonzera mazuva mazana mana nemakumi mapfumbamwe nemana ebhizinesi muchikamu chechitatu cha2021 zvichienzaniswa ne422 muchikamu chechipiri cha2021. Mari inowanikwa muchikamu chechitatu cha2021 yaive $41,000 pazuva, kubva pamadhora zviuru makumi matatu nezvitanhatu pazuva muchikamu chechipiri cha2021 nekuda kwemipiro yakakwira kubva kumaindasitiri enitrogen services uye mari yakawanda yekudzokorodza tambo. Mari dzakasiyana-siyana dzakaramba dzakagadzikana, dzichikwira sezvo basa raiwedzera, asi mari yevashandi, iyo yaive chinhu chikuru chemari imwe chete mumutsara webasa, yakavandudza mashandiro sezvo mari yaiwedzera.
Kwemwedzi mipfumbamwe yapera musi wa30 Gunyana 2021 zvichienzaniswa nemwedzi mipfumbamwe yapera musi wa30 Gunyana 2020. Mari yakawanikwa neUS kubva mumabasa kwemwedzi mipfumbamwe yapera musi wa30 Gunyana 2021 yaive $111.5 miriyoni, nepo mumwedzi mipfumbamwe yapera musi wa30 Gunyana 2021. Kwemwedzi mipfumbamwe yapera musi wa30 Gunyana 2020, mari yakawanikwa yaive $129.9 miriyoni. Kuderera kwacho kwakakonzerwa nekuchinja kwemusanganiswa wevatengi, nevatengi vakasarudza kushandisa michina yavo yekutenga. Mabasa eUS akavandudzika muchikamu chekutanga cha2020 kusvika denda raita kuti mitengo yezvinhu zvidzike zvisina kumboitika, izvo zvakaita kuti pave nekudzikira kukuru mumabasa ekuchera nekupedzisa mabasa. Chikamu chechipiri nechechitatu cha2021 chakaona kuvandudzika kukuru zvichienzaniswa nenguva imwe chete muna 2020, asi mabasa haana kudzokera padanho repamberi pedenda. Kuvandudzwa kwemari munguva pfupi yapfuura, pamwe chete nemaonero ari nani, chiratidzo chakanaka chekupora kuri kuramba kuchienderera mberi.
Zvichibva pakuvandudzika kwakatevedzana mumabasa, mashandiro eUS akaburitsa Adjusted EBITDA yemadhora mamiriyoni 2.2 (2% yemari) kwemwedzi mipfumbamwe yakapera musi wa30 Gunyana, 2021, zvichienzaniswa neAdjusted EBITDA yemadhora mamiriyoni 0.8 (2% yemari) yenguva imwe cheteyo 1%) muna 2020. EBITDA yakagadziriswa yakavandudzika zvishoma nekuda kwemitengo yemidziyo yakavandudzwa, kuderera kweSG&A uye mafambiro ekutengesa zvigadzirwa akavandudzwa. Zvisinei, nekuda kwezvirambidzo zvepasi rose zvekutengesa, kambani iri kuona kumanikidzwa kwemitengo yezvinhu, pamwe nekuwedzera kwemari yekubhadhara nekuda kwenzvimbo yemakwikwi evashandi. Mwedzi mipfumbamwe yakapera musi wa30 Gunyana, 2021 inosanganisirawo mitengo inowedzera ine chekuita nekuwedzera kugona kusangana nekudiwa kuri kuwedzera kwemasevhisi edu.
Mabasa ekambani akasiyana nemabasa ayo ekuCanada neUS. Mari yekushandisa makambani inosanganisira iyo ine chekuita nekuvimbika kwemidziyo uye timu dzekugadzirisa, uye mari yakajairika neyekutonga inosanganisira iyo ine chekuita nechikwata chevatungamiriri, bhodhi revatungamiriri, mari yemakambani eruzhinji, nezvimwe zviitiko zvinobatsira mashandiro ekuCanada neUS.
(1) Ona Zviyero Zvisiri zveIFRS.(2) Percentage yeAdjusted EBITDA yakaverengerwa uchishandisa mari yakazara yenguva iyoyo.