Molo kwaye wamkelekile kwiCalfrac Well Services Ltd. Ukukhululwa kweNzuzo kwiKota yokuQala ka-2022 kunye nomnxeba weNkomfa. Intlanganiso yanamhlanje iyarekhodwa.
Okwangoku, ndingathanda ukunika intlanganiso iGosa eliyiNtloko lezeMali uMike Olinek. Nceda uqhubeke, mnumzana.
Enkosi. Molo kwaye wamkelekile kwingxoxo yethu ngeziphumo zekota yokuqala ka-2022 zeCalfrac Well Services. Abo bandimemeleyo kule fowuni namhlanje nguGeorge Armoyan, i-CEO yexeshana yeCalfrac kunye noMongameli kunye ne-COO yeCalfrac uLindsay Link.
Umnxeba wenkomfa yanamhlanje kusasa uza kuqhubeka ngolu hlobo lulandelayo: UGeorge uza kwenza amagqabaza okuvula, ndize emva koko ndishwankathele imali kunye nokusebenza kwenkampani. UGeorge uza kunika umbono weshishini likaCalfrac kunye namagqabaza okuvala.
Kwingxelo yabezindaba ekhutshwe ngaphambili namhlanje, iCalfrac ibike iziphumo zayo zekota yokuqala ka-2022 ezingahlolwanga. Nceda uqaphele ukuba onke amanani emali akwiidola zaseKhanada ngaphandle kokuba kuchazwe ngenye indlela.
Ezinye zezimvo zethu namhlanje ziza kubhekisa kwimilinganiselo engeyiyo eye-IFRS efana ne-Adjusted EBITDA kunye ne-Operating Income. Ukuze ufumane ulwazi olongezelelweyo ngezi milinganiselo zemali, nceda ujonge ingxelo yethu yabezindaba. Izimvo zethu namhlanje ziza kuquka neengxelo ezijonge phambili malunga neziphumo zexesha elizayo zeCalfrac kunye namathemba. Siyakukhumbuza ukuba ezi ngxelo zijonge phambili zixhomekeke kwiingozi ezininzi ezaziwayo nezingaziwayo kunye nokungaqiniseki okunokubangela ukuba iziphumo zethu zahluke kakhulu kulindelo lwethu.
Nceda ujonge kwingxelo yabezindaba yanamhlanje kusasa kunye neefayile zeCalfrac zeSEDAR, kuquka neNgxelo yethu yoNyaka ka-2021, ukuze ufumane ulwazi olongezelelekileyo malunga neengxelo ezijonge phambili kunye nezi zinto zinobungozi.
Okokugqibela, njengoko besitshilo kwingxelo yethu yabezindaba, ngenxa yeziganeko ezenzeka e-Ukraine, inkampani iyekile ukusebenza eRashiya, yazibophelela kwisicwangciso sokuthengisa ezi mpahla, yaza yamisela imisebenzi eRashiya ukuze ithengiswe.
Enkosi, Mike, molo, kwaye ndiyabulela nonke ngokujoyina umnxeba wethu wenkomfa namhlanje. Njengoko nisazi, olu lucingo lwam lokuqala, ngoko ke khululekani. Ngoko ke ngaphambi kokuba uMike achaze izinto ezibalulekileyo kwikota yokuqala, ndingathanda ukwenza amagqabaza ambalwa okuvula.
Lixesha elinomdla kwiCalfrac njengoko imakethi yaseMntla Melika iqina kwaye siqala ukuba neencoko ezahlukeneyo nabathengi bethu. Iindlela zemakethi zifana kakhulu ngo-2017-18 kunango-2021. Sinomdla ngamathuba kunye nemivuzo esilindele ukuba eli shishini liyivelisele abachaphazelekayo ngo-2022 nangaphaya.
Le nkampani ivelise amandla amahle kwikota yokuqala kwaye isendleleni yokuqhubeka nokukhula kulo lonke ixesha lika-2022. Iqela lethu loyise imingeni yokusebenzisa uthungelwano lokubonelela ukuze ligqibe ikota ngendlela enamandla kakhulu. ICalfrac izuze kuphuculo lwamaxabiso kulo nyaka kwaye iphuhlise ukuqondana nabathengi bethu ukuba ngelixa sidlula iindleko zokunyuka kwamaxabiso kufutshane nexesha langempela kangangoko kunokwenzeka.
Sikwafuna ukonyusa amaxabiso ukuya kwinqanaba eliza kubonelela ngembuyekezo eyaneleyo kutyalo-mali lwethu. Kubalulekile kuthi kwaye kufuneka sivuzwe. Sijonge phambili kwintsalela ka-2022 naku-2023, sikholelwa ukuba siza kuphinda sizame ukufumana imbuyekezo yemali ezinzileyo.
Ndigxininisa ukuba xa imfuno yehlabathi yeoyile negesi isanda, ukusebenza kakuhle kusivumela ukuba sisebenzise eli thuba.
Enkosi, ingeniso edibeneyo kaGeorge.Calfrac kwikota yokuqala evela kwimisebenzi eqhubekayo inyuke nge-38% unyaka nonyaka ukuya kwi-$294.5 yezigidi. Ukwanda kwengeniso kubangelwe ikakhulu kukunyuka kwengeniso ye-fracturing nge-39% ngesigaba ngasinye ngenxa yeendleko eziphezulu zokufaka ezidluliselwe kubathengi kuzo zonke iindawo zokusebenza, kunye nokuphuculwa kwamaxabiso eMntla Melika.
I-EBITDA elungisiweyo evela kwimisebenzi eqhubekayo ebikwe kwikota yayiyi-$20.8 yezigidi, xa ithelekiswa ne-$10.8 yezigidi kunyaka ophelileyo. Ingeniso yokusebenza evela kwimisebenzi eqhubekayo inyuke nge-83% ukuya kwi-$21.0 yezigidi ukusuka kwingeniso yokusebenza ye-$11.5 yezigidi kwikota efanayo ka-2021.
Olu nyuko lubangelwe ikakhulu kukusetyenziswa okuphezulu kunye namaxabiso e-US, kunye nokusetyenziswa okuphezulu kwezixhobo kuzo zonke iindlela zenkonzo eArgentina.
Ilahleko epheleleyo evela kwimisebenzi eqhubekayo kule kota yayiyi-$18 yezigidi, xa kuthelekiswa nelahleko epheleleyo evela kwimisebenzi eqhubekayo ye-$23 yezigidi kwikota efanayo ka-2021.
Kwiinyanga ezintathu eziphele nge-31 kaMatshi 2022, iindleko zokwehla kwexabiso ezivela kwimisebenzi eqhubekayo bezihambelana nexesha elifanayo ngo-2021. Ukwehla okuncinci kweendleko zokwehla kwexabiso kwikota yokuqala bekubangelwa ikakhulu kukudibana kunye nexesha leendleko zemali ezinxulumene nezinto eziphambili.
Inkcitho yenzala kwikota yokuqala ka-2022 inyuke nge-$0.7 yezigidi ukusuka kunyaka ophelileyo ngenxa yemali mboleko ephezulu phantsi kwesibonelelo sekhredithi esijikelezayo senkampani kunye neendleko zenzala ezinxulumene nokutsalwa kwemali mboleko yebhulorho yenkampani.
Inkcitho iyonke yeCalfrac yokusebenza okuqhubekayo kwikota yokuqala yayiyi-$12.1 yezigidi, xa kuthelekiswa ne-$10.5 yezigidi kwixesha elifanayo ngo-2021. Ezi nkcitho zinxulumene kakhulu nemali yokulungisa kwaye zibonisa utshintsho kwinani lezixhobo ezisetyenziswayo eMntla Melika kwixesha eli-2.
Le nkampani ibone ukungena kwemali eyi-$9.2 yezigidi kwiinguqu kwimali yokusebenza kwikota yokuqala, xa kuthelekiswa nemali ephumayo eyi-$20.8 yezigidi kwixesha elifanayo ngo-2021. Olu tshintsho luqhutywe ikakhulu lixesha lokuqokelelwa kwemali efunyenweyo kunye neentlawulo kubaboneleli, ezincitshiswe kancinci yimali yokusebenza ephezulu ngenxa yengeniso ephezulu.
Kwikota yokuqala ka-2022, i-$0.6 yezigidi zeemali zenkampani eziyi-1.5 lien notes zaguqulwa zaba yi-common stock kwaye ingeniso yemali eyi-$0.7 yezigidi yafunyanwa ngokusebenzisa iiwaranti. Ukushwankathela ibhalansi ekupheleni kwekota yokuqala, imali yenkampani evela kwimisebenzi eqhubekayo yayiyi-$130.2 yezigidi, kuquka ne-$11.8 yezigidi zemali. Ukusukela nge-31 kaMatshi 2022, inkampani yayinekhredithi ye-$0.9 yezigidi zeeleta zekhredithi kwaye yayineemali ezibolekiweyo ze-$200 yezigidi phantsi kwekhredithi yayo, ishiya i-$49.1 yezigidi kwimali yokuboleka ekhoyo ekupheleni kwekota yokuqala.
Umgca wetyala lenkampani unqunyelwe yimali ebolekwa ngenyanga eyi-$243.8 yezigidi ukusukela nge-31 kaMatshi 2022. Phantsi kwemiqathango yesibonelelo setyala esihlaziyiweyo senkampani, iCalfrac kufuneka igcine ubuncinci be-$15 yezigidi ngexesha lokukhutshwa kwesivumelwano.
Ukususela nge-31 kaMatshi 2022, inkampani ikhuphe i-$15 yezigidi kwimali mboleko yebhulorho kwaye ingacela ezinye iimali eziya kuthi ga kwi-$10 yezigidi, kunye nenzuzo ephezulu ye-$25 yezigidi. Ekupheleni kwekota, ixesha lokuphelelwa kwemali mboleko landiswa ukuya kuthi ga nge-28 kaJuni 2022.
Enkosi, Mike. Ngoku ndiza kubonisa indlela iCalfrac esebenza ngayo kulo lonke ilizwe lethu. Imarike yethu yaseMntla Melika iqhubekile nokusebenza kwisiqingatha sokuqala sonyaka, njengoko besilindele, kunye nemfuno ekhulayo yezixhobo ezivela kubavelisi kunye nokunikezelwa okuncinci okwethutyana.
Silindele ukuba imakethi iqhubeke nokuqina kwaye abanye abavelisi abayi kukwazi ukwenza imisebenzi yabo, nto leyo ebonisa ukuba sinokukwazi ukunyusa amaxabiso ukuze sifumane imbuyekezo efanelekileyo kwizixhobo esizisebenzisayo.
E-US, iziphumo zethu zekota yokuqala zibonise ukuphucuka okunentsingiselo ngokulandelelanayo kunye nonyaka nonyaka, ikakhulu ngenxa yokwanda okukhulu kokusetyenziswa kwiiveki ezintandathu zokugqibela zekota.
Iiveki zokuqala ezi-6 bezingalunganga kakhulu. Sinyuse ukusetyenziswa kwazo zonke iinqwelomoya ezi-8 ngoMatshi kwaye sigqibe ngama-75% xa kuthelekiswa noJanuwari. Ukusetyenziswa okuphezulu kunye nokulungiswa kwakhona kwamaxabiso ngoMatshi kuvumele inkampani ukuba igqibe ikota ngentsebenzo engcono kakhulu kwezemali.
Iinqwelo zethu ze-9 ziza kuqala ekuqaleni kukaMeyi. Siceba ukugcina eli nqanaba unyaka wonke ngaphandle kokuba imfuno kunye namaxabiso aqhutywa ngabathengi avumela naluphi na olunye uvuselelo lwezixhobo.
Siyakwazi ukwakha inqwelo-moya yeshumi, mhlawumbi nangaphezulu, kuxhomekeke kumaxabiso kunye nemfuno. EKhanada, iziphumo zekota yokuqala zichaphazeleke ziindleko zokuqala kunye neendleko zokufaka ezikhula ngokukhawuleza esasizama ukuzibuyisela kubathengi.
Sinesiqingatha sesibini esiqinileyo sowama-2022 ngokuqaliswa kweenqwelo zethu zesine zokuqhekeza kunye neyunithi yethu yesihlanu yokuqhoboshela iityhubhu ezijikelezileyo ukuhlangabezana neemfuno ezikhulayo zabathengi. Ikota yesibini iqhubekile njengoko besilindele, kunye nokuqala okucothayo ngenxa yokuphazamiseka kwexesha lonyaka. Kodwa silindele ukusetyenziswa ngamandla kweenqwelo zethu ezine ezinkulu zokuqhoboshela ekupheleni kwekota, okuya kuqhubeka de kube sekupheleni konyaka.
Ukuze silawule iindleko zethu zabasebenzi bepetroli ngexesha lekhefu laseNtwasahlobo, icandelo laseKhanada lasasaza okwethutyana abasebenzi abavela eCanada baya eMelika ukuze bancede ekunyuseni kakhulu imisebenzi eMelika. Imisebenzi yethu eArgentina iyaqhubeka nokuchatshazelwa kukwehla okukhulu kwexabiso lemali kunye noxinzelelo lokunyuka kwamaxabiso, kunye nolawulo lwemali olujikeleze ukuphuma kwemali kweli lizwe.
Nangona kunjalo, kutshanje sivuselele isivumelwano kwi-Vaca Muerta shale esiya kudibanisa ukunyuka kweenqwelo-mafutha ezizinikeleyo kunye namaxabiso eeyunithi zeetyhubhu ezijijekileyo kunye nabathengi abakhoyo, ukususela kwisiqingatha sesibini sowama-2022.
Silindele ukugcina umgangatho ophezulu wokusetyenziswa kwezabelo kulo nyaka uphela. Ukuqukumbela, siyaqhubeka nokusebenzisa amanqanaba okuqala omjikelo wemfuno yangoku ukuze sivelise imbuyekezo ezinzileyo kubaninizabelo bethu.
Ndifuna ukubulela iqela lethu ngomsebenzi wabo onzima kwikota edlulileyo. Ndilangazelela unyaka wonke nonyaka olandelayo.
Enkosi, George. Ngoku ndiza kubuyisela umnxeba kumqhubi wethu ukuze siphendule kwinxalenye yemibuzo neempendulo yomnxeba wanamhlanje.
[Imiyalelo yoMsebenzi]. Siza kuphendula umbuzo wokuqala ovela kuKeith MacKey weRBC Capital Markets.
Ngoku ndifuna ukuqala nge-US EBITDA ngeqela ngalinye, inqanaba lokuphuma kweli kota ngokuqinisekileyo liphezulu kakhulu kunangexesha elo kota yaqala ngalo. Uyibona phi intsingiselo kwisiqingatha sesibini sonyaka? Ucinga ukuba ungenza umyinge we-EBITDA nganye yeenqwelo-moya kwi-Q3 nakwi-Q4 nge-avareji ye-$15 yezigidi kwi-Q3 nakwi-Q4? Okanye sifanele siyijonge njani le ntsingiselo?
Jonga, nditsho, khangela, sizama ukufumana eyethu — nguGeorge lo. Sizama ukuthelekisa imakethi yethu nabakhuphisana nathi. Asikho manani angcono kakhulu. Sithanda ukuqala nge-$10 yezigidi size sisebenzele indlela yakho ukuya kuthi ga kwi-$15 yezigidi. Ngoko ke sizama ukubona inkqubela phambili. Okwangoku, sigxile ekusebenziseni nasekususeni izikhewu kwiishedyuli zethu. Kodwa ekugqibeleni, ewe, sifuna ukuba phakathi kwe-$10 yezigidi kunye ne-$15 yezigidi.
Hayi, kuyavakala. Mhlawumbi malunga nenkunzi, ukuba uza kuqala iinqanawa ezili-10 eMelika, ukuba unoqikelelo lwaloo nto okwangoku, ucinga ukuba oko kuza kuba yintoni ngokwenkunzi?
Izigidi ezi-6 zeerandi. Sithetha ukuthi sinako ukuya kwiinqanawa ezili-13 zizonke. Kodwa iinqwelo ze-11, 12 kunye ne-13 ziya kufuna ngaphezulu kwezigidi ezi-6 zeerandi. Sisebenza ekufumaneni amanani okugqibela xa imfuno idlula kwaye abantu baqala ukuhlawulela ukusetyenziswa kwesi sixhobo.
Ndiyivile. Ndiyawuxabisa loo mbala. Okokugqibela kum, ukhankanyile ukuba uthuthe abanye abasebenzi phakathi kweKhanada ne-US kwikota yokuqala. Mhlawumbi thetha nje ngakumbi nge-supply chain ngokubanzi, ubona ntoni ngokubhekiselele kubasebenzi? Ubone ntoni elunxwemeni? Sivile ukuba oko kuya kuba yingxaki enkulu, okanye ubuncinane yingxaki enkulu ngokubhekiselele ekulawuleni isantya somsebenzi weshishini kwikota yokuqala?
Ewe, ndicinge nje — ndicinga ukuba sithe asizange sifuduke kwikota yokuqala kodwa kwikota yesibini kuba i-US yayixakekile kwikota yesibini kwaye kwakukho ukwahlukana eNtshona Canada. Ndifuna nje ukucacisa. Jonga, yonke imboni, wonke umntu ujongene nemingeni, imingeni yecandelo lokubonelela. Sizama ukuba ngcono kakhulu. Bekukho ingxaki yesanti eCanada kwikota yokuqala. Siza kuzama konke okusemandleni ethu ukujongana nayo.
Kodwa ayizange iguquke. Le yimeko eguquguqukayo. Kufuneka sihlale siphambili njengaye wonke umntu. Kodwa sinethemba lokuba ezi zinto aziyi kusithintela ekubeni sikwazi ukubonelela abathengi bethu ngomsebenzi osemgangathweni.
Ndifuna nje ukubuyela kwingxelo yakho malunga nokongeza ezinye iinqanawa ezimbini eMelika, nditsho, kwinqanaba eliphezulu, ngaba kufuneka uphinde uzivuselele ezo nqanawa ukuze amaxabiso anyuke ngepesenti? Ukuba kunjalo, ungabeka ezinye iingongoma zeenjongo kwimeko enokwenzeka?
Ngoko ke ngoku siqhuba iinqanawa ezisi-8. Siqala uMdlalo wesi-9 ngoMvulo, umhla wesi-8 kweyeDwarha – uxolo, umhla wesi-8 kweyeNkanga. Jonga, ndithetha ukuba kukho izinto ezimbini apha. Sinethemba lokufumana umvuzo. Sifuna ukuqinisekiswa kwesithembiso esivela kubathengi bethu.
Kufana nefomu yokuthatha okanye ukuhlawula – asizukuchitha imali size senze ilungiselelo elingacwangciswanga apho banokusisusa nanini na xa befuna. Ke ngoko, singaqwalasela ezinye izinto. Sifuna ukuzibophelela okuqinileyo kunye nenkxaso engagungqiyo – ukuba batshintsha nje ingqondo yabo, kufuneka basihlawule – iindleko zokusebenzisa ezi zinto apha.
Kodwa kwakhona, kufuneka sikwazi ukuqinisekisa ukuba inqwelo-moya nganye inokufumana phakathi kwe-10 yezigidi zeerandi kunye ne-15 yezigidi zeerandi ukuze sikwazi ukusasaza ezi zinto zintsha — ezi nqwelo-moya zintsha okanye ezinye iinqwelo-moya, ndiyaxolisa.
Ngoko ke ndicinge ukuba mhlawumbi kulungile ukuphinda ndithi amaxabiso ayasondela kuloo manqanaba. Kodwa okubaluleke ngakumbi, ufuna ukubona ukuzibophelela kwisivumelwano kubathengi bakho. Ingaba oku kulungile?
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