ICalgary, e-Alberta, Agasti 11, 2021 (GLOBE NEWSWIRE) — I-STEP Energy Services Ltd. (“Inkampani” noma “STEP”) iyajabula ukumemezela ukuthi izinyanga zayo ezintathu neziyisithupha ziphele ngoJuni 30, 2021 Imiphumela Yezezimali Neyokusebenza Yanyanga Zonke. Lesi sitatimende sabezindaba esilandelayo kufanele sabiwe ne-Management's Discussion and Analysis (“MD&A”) kanye nezitatimende zezimali zesikhashana ezingakahlolwa zenyanga ephele ngoJuni 30, 2021 kanye namanothi aso (“Izitatimende Zezezimali”) ukuze zifundwe ndawonye. Abafundi kufanele futhi babheke izigaba ze-“Forward-Looking Information and Statements” kanye ne-“Non-IFRS Measures” ekupheleni kwalesi sitatimende sabezindaba. Zonke izimali nezilinganiso zingedola laseCanada ngaphandle kokuthi kuchazwe ngenye indlela. Ukuze uthole ulwazi olwengeziwe nge-STEP, sicela uvakashele iwebhusayithi ye-SEDAR ku-www.sedar.com, kufaka phakathi iFomu Lolwazi Lonyaka Lenkampani lonyaka ophele ngoDisemba 31, 2020 (olubhalwe ngomhlaka-17 Mashi, 2021) (“AIF”).
(1) Bheka Izinyathelo Ezingezona eze-IFRS. “I-Adjusted EBITDA” iyisilinganiso sezezimali esingalethwanga ngokuhambisana ne-IFRS futhi ilingana nezindleko zezimali eziphelele, ukwehla kwenani kanye nokukhokha, ukulahlekelwa (inzuzo) ekuchithweni kwempahla nemishini, imibandela yentela yamanje nehlehlisiwe kanye nokubuyiselwa kwemali engenayo ephelele (yokulahlekelwa), isinxephezelo samasheya, izindleko zokuthengiselana, ukulahlekelwa kwenkontileka (inzuzo) yokushintshanisa imali yangaphandle, ukulahlekelwa kwe-foreign exchange (inzuzo), ukulahlekelwa kokukhubazeka.” I-Adjusted EBITDA %” ibalwa njenge-Adjusted EBITDA ehlukaniswe ngenzuzo.
(2) Bheka Izilinganiso Ezingezona eze-IFRS. 'Imali yokusebenza', 'Izikweletu zezimali zesikhathi eside eziphelele' kanye 'nesikweletu esiphelele' yizilinganiso zezimali ezingalethwanga ngokuhambisana ne-IFRS. "Imali yokusebenza" ilingana nempahla yamanje iyonke ngaphandle kwezikweletu zamanje eziphelele."Izikweletu zezimali zesikhathi eside eziphelele" zifaka phakathi imali ebolekiwe yesikhathi eside, izibopho zesivumelwano sokuqashisa sesikhathi eside kanye nezinye izikweletu. "Isikweletu esiphelele" silingana nemali ebolekiwe kanye nokubolekwa ngaphambi kokuba imali ekhokhiswe kancane imali kanye nokulingana nemali.
Ukubuka Konke Kwekota Yesibili Ka-2021 Ikota yesibili ka-2021 iqhubekile nomfutho owadalwa kwikota yokuqala njengoba amazinga okugoma akhuphukile aholela ekuncishisweni okwengeziwe kwezinyathelo ezazisetshenziswa ngaphambilini zokuphatha igciwane le-COVID-19 kanye nezinhlobo ezihlobene nazo. Imizamo yokuqalisa kabusha imisebenzi yezenhlalo neyezomnotho yangaphambi kwe-COVID iholele ekwehleni kwezitokwe zezimpahla njengoba ukukhiqizwa kukawoyela emhlabeni wonke kubambezela ukubuya kwesidingo. Ukwanda komkhiqizo kungenxa yendlela ehlelekile yeNhlangano Yamazwe Athumela Uphethiloli Ngaphandle (“OPEC”), iRussia kanye nabanye abakhiqizi abathile (ngokubambisana “i-OPEC+”), kanye nokunciphisa ukunikezwa yizijeziso zase-US e-Iran naseVenezuela kuhamba kancane kancane. Lokhu kuholele emananini ezimpahla aphezulu kulo lonke ikota, lapho amanani entengo kawoyela ongahluziwe aseWest Texas Intermediate (“WTI”) elinganiselwa ku-$65.95 ngebhareli, ekhuphuke ngo-135% kusukela onyakeni odlule. Isimo sentengo yezimpahla esithuthukayo siholele ekwandeni komsebenzi wokumba wase-US, lapho inani lemishini lenyuka ngo-15% kusukela onyakeni odlule. Amanani kaphethiloli wemvelo ahlala eqinile ngokulandelana, lapho amanani entengo ... ka-2020.
Ikota yesibili ka-2021 ye-STEP ibonise ukusimama komnotho okuqhubekayo, kanye nemali engenayo ekhuphuke ngo-165% kusukela onyakeni odlule kanye nokwehla okungakaze kubonwe emsebenzini ngenxa yokusabela kubhubhane lwe-COVID-19. Naphezu kokwehla kwemboni yesizini okuvame ukwenzeka ngesikhathi sekhefu lasentwasahlobo, i-STEP ikwazile ukufeza ukusetshenziswa okuphezulu kunalokho obekulindelekile emisebenzini yayo yaseCanada ngenxa yamazinga aphezulu omsebenzi wokubhoboza kusukela kwikota yokuqala ka-2021, kanye ne-staffing Limited etholakalayo, okwaholela emisebenzini yokuqedela ukudlulisa. Ngekota yesibili ka-2021, isidingo sezinsizakalo zethu zokuqothula ebhizinisini lase-US sasizinzile, kodwa izinsizakalo zokubopha ngamapayipi ezihlanganisiwe zathintwa yimisebenzi eyenzeka ngezikhathi ezithile njengoba imakethe yahlala ihlinzekwa ngokweqile. Naphezu kwezinselele, ibhizinisi lase-US lenze ngokuvumelana nokulindelekile futhi langena kwikota yesithathu ngomfutho oqinile kanye nokusebenza okuqinile ebhizinisini lethu lasensimini. Izitayela ezizoqhubeka kwikota yesibili ka-2021 yizithiyo zochungechunge lokuphakelwa komhlaba wonke (izikhathi ezinde zokuhola zensimbi, izingxenye zemishini) kanye nokuntuleka kwabasebenzi.
Izimo Zemboni Ingxenye yokuqala ka-2021 ibonise ukuthuthuka okuhle uma kuqhathaniswa no-2020, obekuwunyaka onzima embonini yezinsizakalo zikawoyela negesi eNyakatho Melika. Amazinga okugoma omhlaba wonke akhuphukayo kanye namaphakheji okukhuthaza uhulumeni ayizigidigidi zamaRandi asekele ukubuya okuncane emsebenzini wezomnotho womhlaba, okuholele ekubuyiselweni kwesidingo sikawoyela ongahluziwe. Nakuba amazinga omsebenzi ekhuphukile, awakafiki emazingeni angaphambi kobhubhane.
Sikholelwa ukuthi ukululama komnotho womhlaba wonke kuyaqala, kudinga ukumba okwengeziwe kanye nokuqedwa ukuze kuhlangatshezwane nesidingo esikhulu sikawoyela ongahluziwe engxenyeni yesibili ka-2021 kanye no-2022 wonke. Ukululama kwesidingo sikawoyela ongahluziwe womhlaba wonke kusekela amanani entengo yezimpahla aphezulu futhi azinzile futhi kufanele kuholele ekukhuleni kwezinhlelo zezimali yizinkampani ze-E&P zaseNyakatho Melika njengoba abaqhubi kuzodingeka banciphise amazinga okwehla komkhiqizo. E-US, sibone izinkampani ezizimele zihola phambili ekuqedeni umsebenzi, ngokwengxenye ngenxa yamanani entengo yezimpahla aphezulu kunalokho obekulindelekile.
Ukutholakala kanye nesidingo semishini yokubopha amapayipi kanye neyokuqhekeka emakethe yaseCanada kuyalingana. E-United States, igebe phakathi kwemishini yokubopha amapayipi etholakalayo kanye nesidingo semishini yokubopha amapayipi liyalingana. Abanye abadlali abakhulu embonini babikezela ukuthi isidingo semishini kanye nokutholakala kwayo kuzoba ngokushesha kunalokho obekulindelwe ngaphambilini, njengoba ukuguguleka kwemishini kanye nemingcele yabasebenzi eminyakeni emibili edlule kuye kwanciphisa inani lemishini etholakalayo emakethe. Isidingo semishini yokukhipha ugesi ophansi siphezulu futhi ukutholakala kwayo kulinganiselwe. Izindleko zensimbi, izingxenye kanye nokuntuleka kwabasebenzi bamaphampu okucindezela nazo ziyanda. Amanani kuzodingeka aqhubeke nokukhuphuka, hhayi nje kuphela ukumboza izindleko zokwehla kwamandla emali kodwa kanye nokuthuthukiswa kwemishini.
Abanye abadlali bemboni muva nje bathi balindele ukuthi ukululama komnotho womhlaba wonke kuzoqala umjikelezo omkhulu wemboni yamandla yamazwe ngamazwe, okuzoholela emazingeni aphezulu emisebenzi kanye nenzuzo enkulu. Muva nje, amakhasimende ethu, ikakhulukazi e-United States, aqale ukubuza ngamalungiselelo esikhathi eside ezinsizakalo ezinikezwa yi-STEP ngenxa yokukhathazeka okukhulayo mayelana nokutholakala kwemishini ehlelelwe u-2022.
Ukuhlinzekwa komhlaba wonke okungacwengekile kanye namanani kuzoqhubeka nokuthonywa yisiyalo samalungu e-OPEC+, njengoba iqembu lisanda kuvumelana ukwandisa umkhiqizo ngamabhareli angu-400,000 ngosuku ngenyanga kusukela ngo-Agasti kuya kuDisemba 2021. Ukwanda okwengeziwe komkhiqizo kuvunyelwe ekuqaleni kuka-2022.
Ukungaqiniseki okuthile kuyaqhubeka njengoba uhlobo lwe-COVID-19 delta lusakazeka kanye nezinye izinhlobo ze-COVID-19 zithuthuka. Ukusimama komnotho waseNyakatho Melika kanye nomhlaba wonke kungasongelwa ngokufakwa kabusha kwemikhawulo kahulumeni ukuze kuncishiswe ukusabalala kwezinhlobo ezintsha ze-COVID-19. Izimpawu zokuqala ezivela emazweni amaningana aseYurophu ziphakamisa ukuthi ukuvalwa kungafakwa ekwindla uma amacala eqhubeka nokwanda. Lokho kuphakamise ukukhathazeka mayelana nokwehla kokusetshenziswa kwemali kwabathengi, ikakhulukazi ukuwohloka kwesidingo sezimboni, ezokuvakasha kanye nezokuthutha.
Intengo yepompo yokucindezela yaseNyakatho Melika ingachazwa njengenkathi yokuzithiba elandelwa ukuqhuma kwentengo enamandla yokuthola noma ukugcina isabelo semakethe. Intengo eCanada isalokhu ibucayi ekufakweni kwamadivayisi, futhi ngenkathi abadlali abaningi embonini bethi amanani adinga ukubuyiselwa ngaphambi kokuba kusebenze amadivayisi amaningi, abadlali abakhulu sebevele babonise inhloso yabo yokwengeza amadivayisi. Intengo e-US ithuthukile, okokuqala ukumboza izindleko ezikhulayo futhi muva nje ukuthuthukisa inzuzo nokuxhasa ukutshalwa kwezimali okusha kwamandla, kodwa ukubuyiselwa kwamanani jikelele kuthinteke amazinga okuqalisa kabusha imishini kanye nokuqaliswa kwamandla amasha. Abanye abahlinzeki bezinsizakalo batshale imali kubuchwepheshe obuthuthukisiwe obuhambisana namasu ezemvelo, ezenhlalo kanye nokubusa kwamakhasimende (“ESG”) noma ukunciphisa izindleko eziphelele zokuqedwa. Imishini esebenzisa lobu buchwepheshe obuthuthukisiwe ingadinga iphrimiyamu ephezulu kunemishini evamile, nokho, intengo yamanje yemakethe ayisekeli imbuyiselo yemali edingekayo ukwakha imishini enjalo ngezinga elikhulu. Njengoba kunikezwe ibhalansi yamanje yemakethe, silindele ukuthi amanani aseCanada ahlale emazingeni amanje futhi athuthuke ngokulinganisela e-US kuze kube sekupheleni kuka-2021.
Umbono Wekota Yesithathu Ka-2021 ECanada, ikota yesibili ka-2021 idlule okulindelwe njengoba umsebenzi phakathi nalesi sikhathi uvame ukwehla kakhulu ngenxa yezimo zezulu kanye nemithetho kahulumeni evimbela ukuthuthwa kwemishini yokubhoboza nokuqeda. Izimakethe zisaqhubeka nokuncintisana, futhi imizamo yokuthola ukubuyiselwa kwentengo okunenjongo ngaphezu kokwehla kwamandla emali ihlangabezane nokuphikiswa. Phakathi nekota yesithathu, imisebenzi ye-STEP yaseCanada kulindeleke ukuthi iqhubeke nokwakha emazingeni emisebenzi abonakala kwikota yesibili njengoba amakhasimende ethu eqala kabusha izinhlelo zawo zokubhoboza nokuqeda. Imishini yabasebenzi isibe yisithiyo esibalulekile ekusebenzeni, futhi abaphathi bathatha izinyathelo zokuheha nokugcina ithalente eliphezulu. Ukusebenza okuqinile kwe-STEP kanye namakhono emikhumbi ye-dual fuel ahamba phambili kuqhuba ukusebenza kahle kwezindleko futhi kusekela izinhlelo ze-ESG, kuqhubeka nokuhlukanisa inkampani kontanga bayo. I-STEP iyaqhubeka nokuthuthukisa imikhumbi yayo ngokuqalisa imishini yethu yokunciphisa ukungasebenzi. Lesi sinyathelo esibalulekile sinciphisa umthelela wemvelo wemikhumbi ye-STEP ngokunciphisa isikhathi sokusebenza kanye nokunciphisa ukukhishwa kwemikhumbi, ngenkathi songa izindleko zikaphethiloli kanye nokulungisa kanye nokulungisa.
Imisebenzi ye-STEP e-US ithuthuke kwikota yesibili, yakha umfutho wombono owakhayo kwikota yesithathu. Umsebenzi wokubhoboza nokuqeda uhlale unamandla, futhi isidingo semishini sagcina amanani enyuka. I-fracturing ibonakala ngokusetshenziswa kwemishini ekhona, futhi inkampani ilindele ukuvuselela iqembu lesithathu le-fracturing kwikota yesithathu ukuze ihlangabezane nesidingo samakhasimende. Ngemva kokuguqulwa kwelinye lamabutho ayo asebenzayo e-US kwikota yesibili, i-STEP manje inesikhungo se-frac esingu-52,250-horsepower (“HP”) e-US esinekhono lokukhiqiza uphethiloli oluphindwe kabili. Kube nentshisekelo enkulu kula mayunithi futhi i-STEP ikwazile ukukhokhisa iprimiyamu ngokusetshenziswa kwawo.
Izinsizakalo zamapayipi ahlanganisiwe ase-US zaphonselwa inselelo ngamanani aqinile ngabaphakeli bendawo, kodwa lezo zingcindezi zaqala ukuphela kamuva kule kota. Ikota yesithathu kulindeleke ukuthi ibone amathuba okwanda kwemikhumbi kanye nokuqhubeka nokubuyiselwa kwentengo. NjengaseCanada, izinselelo zabasebenzi basensimini zisalokhu ziyisithiyo esikhulu ekubuyiseleni imishini ensimini.
Umbono Wonyaka Ogcwele Ka-2021 Umsebenzi waseCanada engxenyeni yesibili ka-2021 kulindeleke ukuthi ube nesiqalo esihle kwikota yesithathu kanye nokushintshela emisebenzini engapheli kwikota yesine ngokuhambisana nekota yesine edlule. Amakhasimende e-STEP amaqhinga acele izibopho zonyaka osele kanye no-2022, kodwa izinqumo zemali zenziwa ngokwesisekelo sephrojekthi ngayinye. Amanani kulindeleke ukuthi ahlale encintisana, kodwa i-STEP iyakwazi kakhulu ukufeza ukwenyuka ukuze kulungiswe umthelela wokwehla kwamandla emali. Imisebenzi yaseCanada ye-STEP kulindeleke ukuthi igcine amandla okusebenza akhona futhi izoqhubeka nokuqapha nokulungisa amandla ngokusekelwe ekubukeni kwesidingo sesikhathi esiseduze.
Ibhizinisi lase-US kulindeleke ukuthi lizuze ekwandeni komsebenzi wokumba kanye nokuqeda okusekelwa amanani aqinile ezimpahla kanye nokuqala kabusha kweqembu lesithathu le-fracking. I-STEP ihambisana namakhasimende ahlakaniphile ukuqinisekisa ukuthi ukusetshenziswa kusezingeni eliphansi unyaka wonke, ngaphandle kwanoma yiziphi izehlakalo ezimbi noma ukuvalwa komnotho, ibhizinisi lase-US kulindeleke ukuthi liqede unyaka kangcono. Ukuthuthukiswa kwamanani kulindeleke ukuthi kuqale ukusebenza kwikota yesithathu, futhi ukwanda kwamandla kuzoncika kakhulu ekudonseni nasekugcineni abasebenzi abasezingeni eliphezulu.
Izindleko Zenhloko-dolobha S Kwikota yesibili ka-2021, inkampani igunyaze imali eyengeziwe engu-$5.4 million yokulungisa nokulungisa ukuze kusekelwe izindleko zokuqala kabusha nokulungisa izisebenzi zesithathu ze-fracturing zase-US kanye nokwandisa izinsizakalo ze-fracturing zase-US ikhono lokucima umlilo. Ngaphambi kwalokhu kwanda, uhlelo lwenhloko-dolobha lwe-STEP luka-2021 lwaluyi-$33.7 million, oluhlanganisa u-$28.8 million enhloko-dolobha yokulungisa kanye no-$4.9 million enhloko-dolobha yokulungisa. Izinhlelo zenhloko-dolobha ezivunyiwe manje sezizonke ziyi-$39.1 million, kufaka phakathi u-$31.5 million enhloko-dolobha yokulungisa kanye no-$7.6 million enhloko-dolobha yokulungisa. I-STEP izoqhubeka nokuhlola nokuphatha izinhlelo zayo zemishini kanye nezimali ezisetshenziswa ngabantu ngokusekelwe esidingweni semakethe sezinsizakalo ze-STEP.
Imicimbi eyalandela Ngomhlaka-3 Agasti 2021, i-STEP yangena esivumelwaneni sesibili esilungisiwe nenhlangano yezikhungo zezimali ukuze kwandiswe usuku lokuphelelwa yisikhathi kwesikhungo sayo sesikweletu kuze kube umhlaka-30 Julayi 2023, kanye nokuchibiyela nokwandisa isikhathi sokubekezelelana kwesivumelwano (Izivumelwano ezithile njengoba zichazwe kuSikhungo Sesikweletu). Ukuze uthole ulwazi olwengeziwe, bheka i-Capital Management – ​​Debt in the Company's MD&A yangomhlaka-11 Agasti 2021.
I-STEP inamayunithi angu-16 e-coiled tube e-WCSB. Amayunithi e-coiled tube enkampani aklanyelwe ukuhlinzeka ngezinsizakalo zemithombo ejulile ye-WCSB. Imisebenzi ye-fracturing ye-STEP igxile emabhulokini ajulile futhi anzima kakhulu kwezobuchwepheshe e-Alberta nasenyakatho-mpumalanga yeBritish Columbia. I-STEP inama-282,500 HP, lapho ama-15,000 HP adinga imali yokuvuselelwa. Cishe amahhashi angu-132,500 ayatholakala ngekhono likaphethiloli eliphindwe kabili. Izinkampani zisebenzisa noma zingasebenzi amayunithi e-coiled tube noma amandla e-fracturing horsepower ngokusekelwe ekhonweni lemakethe lokusekela ukusetshenziswa okuqondiwe kanye nenzuzo yezomnotho.
(1) Bheka izilinganiso ezingezona eze-IFRS.(2) Usuku lokusebenza luchazwa njenganoma yimiphi imisebenzi yokubopha nokwephula amapayipi enziwe ngaphakathi kwesikhathi samahora angama-24, ngaphandle kwemishini yokusekela.(3) Imelela yonke i-HP ephethwe eCanada, okungu-200,000 kwayo okwamanje isetshenziswa kanti engu-15,000 esele idinga ukulungiswa nokuvuselelwa okuthile.
Ikota yesi-2 2021 Uma kuqhathaniswa nekota yesi-2 2020 Ikota yesi-2 2021 ibhizinisi laseCanada lithuthuke kakhulu kusukela esikhathini esifanayo ngonyaka odlule. Uma kuqhathaniswa nekota yesibili ka-2020, imali engenayo ikhuphuke ngo-$59.3 million, lapho imali engenayo yokukhwabanisa ikhuphuke ngo-$51.9 million kanti imali engenayo yepayipi elihlanganisiwe ikhuphuke ngo-$7.4 million. Ukwanda kwemali engenayo kubangelwe imisebenzi yokubhoboza nokuqeda i-WCSB kanye nokwanda kwenhlanganisela yamakhasimende. Ukwanda komsebenzi kubangelwe amanani aphezulu ezimpahla kusukela emazingeni aphansi kwikota yesibili ka-2020, okwathuthukisa umnotho wamakhasimende.
I-EBITDA elungisiwe yekota yesibili ka-2021 yayingu-$15.6 million (21% yemali engenayo) uma kuqhathaniswa no-$1.0 million (7% yemali engenayo) kwikota yesibili ka-2020. Ukuthuthuka kwesilinganiso kwaba umphumela wesakhiwo sezindleko zokusekela esiphansi ngenxa yokwehla kwenani lezisebenzi zokuthengisa, ezijwayelekile kanye nezokuphatha (“SG&A”) ezaqaliswa ngo-2020 futhi zagcinwa kakhulu kwikota yesibili ka-2021. Ukwehla kwezindleko ngenxa yokwehla kwenani lezisebenzi kuncishiswa kancane ngenxa yokubuyiselwa emuva kweholo kusukela ngoJanuwari 1, 2021. Okunye ukuthuthuka kwesilinganiso kwaba ukungabikho kwamaphakheji okuyeka umsebenzi, afinyelela ku-$1.3 million kwikota yesibili ka-2020. Ikota yesibili ka-2021 yayihlanganisa u-$1.8 million ku-CEWS (Juni 30, 2020 - $2.8 million), okwaqoshwa njengokunciphisa izindleko zabasebenzi.
I-Canadian Fracking isebenzise ama-spread amane kwikota yesibili ka-2021, uma kuqhathaniswa nama-spread amabili kwikota yesibili ka-2020, njengoba ukwanda komsebenzi wokubhoboza kuthuthukise isidingo sensizakalo. Umsebenzi uzuze kumakhasimende asebenzayo ahlala ekhuthele kwikota yesibili, okuvame ukubonakala ngokuncipha kwemboni okubangelwa ukuwohloka kwentwasahlobo. Ukusetshenziswa okwengeziwe okwandayo yi-pad enkulu esuswe ku-STEP Q1 2021 yaya ku-Q2 2021. Lokhu kuholele ekwandeni kwezinsuku zebhizinisi kusuka ezinsukwini eziyi-14 kwikota yesibili ka-2020 kuya ezinsukwini eziyi-174 kwikota yesibili ka-2021.
Ukwanda okukhulu komsebenzi kuholele ekukhuleni kwemali engenayo engu-$51.9 million uma kuqhathaniswa nekota yesibili ka-2020. Imali engenayo ngosuku lwebhizinisi nayo ikhuphuke isuka ku-$242,643 kwikota yesibili ka-2020 yaya ku-$317,937 ngenxa yokuhlanganiswa kwamakhasimende nokwakheka. I-STEP isebenze namakhasimende emisebenzini emikhulu yesikhulumi enemithombo eminingi, yandisa amandla ehhashi nezidingo zemishini yokusekela, kuyilapho ukwakheka kokwelashwa kokwakheka okukhuthaziwe kuholele ekwandeni kokupompa kwe-proppant. Imali engenayo ekhuphukile ehambisana nokusebenza kahle kwezindleko okuhlobene nokusebenza kuma-pad amakhulu kuholele ekuthuthukisweni kwenzuzo ngokushesha.
I-STEP isebenzisa i-end yamanje lapho isikhathi sayo sokusebenza esilinganiselwe sidlula izinyanga eziyi-12. Ngokusekelwe ekubuyekezweni komlando wokusetshenziswa, eCanada, i-end yamanzi ifakwa i-capital. Kodwa-ke, uma inkampani ibibala i-end yamanzi, izindleko zokusebenza zezinyanga ezintathu eziphele ngomhlaka-30 Juni 2021 ngabe zikhuphuke cishe ngamaRandi ayizigidi ezingu-0.9.
Amapayipi ahlanganisiwe aseCanada nawo azuze esikhathini sokuqhekeka kwentwasahlobo esingasebenzi kahle, njengoba izinsuku ezingu-304 zisebenza uma kuqhathaniswa nezinsuku ezingu-202 kwikota yesibili ka-2020. Ukwanda kwezinsuku zokusebenza kuholele enzuzweni engu-$17.8 million ezinyangeni ezintathu eziphele ngoJuni 30, 2021, ukwanda okungu-70% kusuka enzuzweni engu-$10.5 million kwikota efanayo ngo-2020. Ukwanda kwamayunithi abasebenzi kanye nokuguqulwa kokunciphisa amaholo okwenziwa ngo-2020 kuholele ezindleko eziphezulu zomholo, okuholele ekwehleni okuncane kwenzuzo eqondile njengephesenti lemali engenayo.
Ikota yesi-2 ka-2021 uma kuqhathaniswa nekota yoku-1 ka-2021. Imali engenayo yaseCanada yekota yesi-2 ka-2021 ibingamaRandi ayizigidi ezingama-73.2, yehle isuka ku-$109.4 million kwikota yoku-1 ka-2021. Imisebenzi ithwale umfutho owadalwa kwikota yokuqala ka-2021 yaya kwikota yesibili, naphezu kokwehla okungu-50% kwenani lemishini kusuka ku-145 kwikota yokuqala ka-2021 kuya ku-72 kwikota yesibili ka-2021. Ikota yesibili ibilokhu iphawulwa ukwehla kwemboni yonke ngenxa yokuqhekeka kwentwasahlobo. Imali engenayo yokuqhekeka yehle ngamaRandi ayizigidi ezingama-32.5, kanti imali engenayo yepayipi elihlanganisiwe yehle ngamaRandi ayizigidi ezingama-3.7.
I-EBITDA elungisiwe kwikota yesibili ka-2021 yayingu-$15.6 million (21% yemali engenayo) uma kuqhathaniswa no-$21.5 million kwikota yokuqala ka-2021 (20% yemali engenayo). Imingcele ithintwe yizindleko eziphezulu zomholo, kodwa yancishiswa ukwehla okukhulu kwempahla yokuthutha yangaphandle, okwanikeza ithuba lokuthengwa kwempahla yokuthutha ethengiswa ngaphakathi ngenxa yomsebenzi ophansi. Ikota yesibili ka-2021 yayihlanganisa i-CEWS engu-$1.8 million, ukwehla okukhulu kusuka ku-$3.6 million eqoshwe kwikota yokuqala ka-2021.
Imali engenayo kanye ne-EBITDA Elungisiwe yekota yesibili ka-2021 kudlule okulindelwe ngenxa yamazinga aphezulu emisebenzi njengoba ukutholakala kwemishini okulinganiselwe kanye namashejuli amaningi kwikota yokuqala kusunduzele amaphrojekthi emali yamakhasimende kwikota yesibili.
Le nkampani inomsebenzi owanele wokuqinisekisa ukuqhubeka kokusebenza kwezindawo ezine zokuqhekeka kwezimoto kwikota yesibili ka-2021, nokho, ukufika kwezokuthutha zeSpring Festival kuholele ekunciphiseni okungu-38% kwezinsuku zokusebenza kuya kwezintathu kusuka ku-280 ezinyangeni ezintathu eziphele ngomhlaka-31 Mashi 2021 izinsuku ezingu-174 zekota yenyanga ephela ngomhlaka-30 Juni 2021. I-STEP ikhipha amathani angu-275,000 e-proppant namathani angu-142 ngesigaba ngasinye kwikota yesibili ka-2021 kanye namathani angu-327,000 namathani angu-102 ngesigaba ngasinye kwikota yokuqala ka-2021.
I-Coiled Tubing ikwazile ukuqhubeka nabasebenzi abayisikhombisa abasebenzisa amapayipi ahlanganisiwe njengoba imisebenzi izuze ekwandeni kokugaya kanye nezinye izindlela zokungenelela ezahlukahlukene ezibangelwa umsebenzi ophezulu wokubhoboza nokuqhekeka. Izinsuku zebhizinisi kwikota yesibili ka-2021 zaziyizinsuku ezingu-304, zehle kusukela ezinsukwini ezingu-461 kwikota yokuqala ka-2021, kodwa zingaphezu kokulindelekile okulinganiselwe okuhlobene nokwehla kokuqhekeka kwentwasahlobo.
Ezinyangeni eziyisithupha eziphele ngoJuni 30, 2021, uma kuqhathaniswa nezinyanga eziyisithupha eziphele ngoJuni 30, 2020, njengoba umnotho waseNyakatho Melika uqala ukululama ekuwohlokeni komlando, imali engenayo evela emisebenzini yaseCanada ikhuphuke engxenyeni yokuqala ka-2021 uma kuqhathaniswa nesikhathi esifanayo ngonyaka odlule ubhubhane lwamaRandi ayizigidi ezingama-59.9. Lokhu kuthuthuka kwabangelwa imisebenzi yokuhlukanisa, okwandise imali engenayo ngamaRandi ayizigidi ezingama-56.2 kuyilapho izinsuku zokusebenza zikhuphuke ngo-11 kuphela. Uma kuqhathaniswa no-2020, imisebenzi yokukhiqiza ehlinzekwa yi-STEP inyuse imali engenayo ngosuku lwebhizinisi ngama-48%. Imali engenayo yamapayipi ahlanganisiwe ikhuphuke ngamaRandi ayizigidi ezingama-3.7 evela ezinsizeni zokupompa kanye nokululama kwesilinganiso esincane, naphezu kokwehla okungu-2% ezinsukwini zokusebenza ngenxa yokwanda koketshezi olusizayo.
I-EBITDA elungisiwe yezinyanga eziyisithupha ephele ngomhlaka-30 Juni 2021 ibingu-$37.2 million (20% yemali engenayo) uma kuqhathaniswa no-$21.9 million (18% yemali engenayo) yesikhathi esifanayo ngo-2020. Amamajini angaphansi kwengcindezi yokwehla kwamandla emali ezindleleni zezinto ezibonakalayo ngenxa yemingcele yochungechunge lokuphakelwa komhlaba kanye nokuguqulwa kokunciphisa amaholo ekuqaleni kuka-2021. Lokhu kwancishiswa yimali engenayo ephezulu kanye nesakhiwo sokuxhasa esilula kakhulu esasetshenziswa abaphathi ekupheleni kwekota yokuqala ka-2020. Inzuzo yezinyanga eziyisithupha ephele ngomhlaka-30 Juni 2020, ekuqaleni kobhubhane, u-$4.7 million ekuhlukanisweni okuhlobene nokusebenza kokulinganisa kahle kwathinteka kabi. Ezinyangeni eziyisithupha ephele ngomhlaka-30 Juni 2021, i-CEWS yebhizinisi laseCanada yaqoshwa ku-$5.4 million, uma kuqhathaniswa no-$2.8 million yesikhathi esifanayo ngo-2020. I-US Financial and Operational Review
Imisebenzi ye-STEP yase-US yaqala ukusebenza ngo-2015, inikeza izinsizakalo zamapayipi ahlanganisiwe. I-STEP inezindawo zokufaka amapayipi ahlanganisiwe angu-13 ePermian nase-Eagle Ford Basins eTexas, iBakken Shale eNyakatho Dakota, kanye ne-Uinta-Piceance kanye neNiobrara-DJ Basins eColorado. I-STEP yangena ebhizinisini le-fracturing lase-US ngo-Ephreli 2018. Ibhizinisi le-fracturing lase-US linama-HP angu-207,500 futhi lisebenza ikakhulukazi ePermian nase-Eagle Ford Basins eTexas. Abaphathi bayaqhubeka nokulungisa amandla kanye nokusetshenziswa kwesifunda ukuze kuthuthukiswe ukusetshenziswa, ukusebenza kahle kanye nokubuyiselwa kwemali.
(1) Bheka izilinganiso ezingezona eze-IFRS.(2) Usuku lokusebenza luchazwa njenganoma yimiphi imisebenzi yokubopha amapayipi nokuqhekeka eyenziwe ngaphakathi kwesikhathi samahora angama-24, ngaphandle kwemishini yokusekela.(3) Imele inani eliphelele le-HP eliphethwe e-United States.
Ikota yesi-2 ka-2021 uma kuqhathaniswa nekota yesi-2 ka-2020 Ikota yesi-2 ka-2021 yayiyingqophamlando ebalulekile e-US njengoba ibhizinisi likhiqize ukukhula okuhle okokuqala selokhu kwaba nokwehla okungakaze kubonwe emisebenzini yezomnotho ngenxa yobhubhane ekupheleni kwekota yokuqala ka-2020. ye-EBITDA elungisiwe. Kwikota yesibili ka-2021, i-United States yafaka kabusha iphampu ye-frac enamandla angu-52,250 enama-fuel amabili esebenzisa ezinye izindlela zegesi yemvelo ukunciphisa ukusetshenziswa kukadizili nokunciphisa umthelela emvelweni. Isisekelo samakhasimende ethu sibona lezi zindleko ezinkulu njengezizuzisayo njengoba zifuna ukuqinisa izinhlelo zazo ze-ESG futhi ziholele emananini aphezulu emisebenzi ye-fracking. Imali engenayo yezinyanga ezintathu ephele ngoJuni 30, 2021 yayingu-$34.4 million, ukwanda ngo-28% kusuka ku-$26.8 million ezinyangeni ezintathu eziphele ngoJuni 30, 2020. Imali engenayo ye-fracking kwikota yesibili ka-2021 yayingu-$19 million uma kuqhathaniswa no-$20.5 million kwikota yesibili ka-2021. 2020. Imali engenayo yepayipi elihlanganisiwe kwikota yesibili ka-2021 yayingu-$15.3 million, uma kuqhathaniswa no-$6.3 million kwikota yesibili ka-2020.
I-EBITDA elungisiwe yezinyanga ezintathu eziphele ngomhlaka-30 Juni 2021 ibingu-$1.0 million (3% yemali engenayo) uma kuqhathaniswa nokulahlekelwa kwe-EBITDA okulungisiwe okungu-$2.4 million (3% yemali engenayo) kwezinyanga ezintathu eziphele ngomhlaka-30 Juni 2020 okungekuhle okungu-9% yemali engenayo). Imingcele ithintwe yizindleko eziphezulu zezinto ezibonakalayo ngenxa yokwehla kwamandla emali kanye nokubambezeleka kochungechunge lokuhlinzekwa komhlaba wonke, kanye nesinxephezelo esiphezulu njengoba kwabiza kakhulu ukuqasha nokugcina abasebenzi abanolwazi.
Phakathi nekota yesibili ka-2021, i-STEP US yaqhuba ukusabalala kwe-fracking okubili, okuwukwenyuka kusuka kwikota yesibili ka-2020 lapho ukuqubuka kobhubhane kwabangela ukusabalala kokusebenza kwehle ukuze kufane nokwehla komsebenzi. Amanani aphezulu ezimpahla aholela emsebenzini wokubhoboza nokuqeda okuphezulu, okwaholela ezinsukwini zebhizinisi eziyi-146 kwikota yesibili ka-2021, uma kuqhathaniswa nezinsuku ezingama-59 kwikota yesibili ka-2020.
Imali engenayo ngosuku lwebhizinisi yehle yaya ku-$130,384 kwikota yesibili ka-2021, uma kuqhathaniswa no-$347,169 kwikota yesibili ka-2020, njengoba ingxube yamakhasimende nezinkontileka iholele ekwehleni okukhulu kwemali engenayo ye-propant njengoba amakhasimende ekhethe ukuthola i-propant yawo. I-STEP ikwazile ukufeza ukwenyuka kwentengo okuphansi ekupheleni kwekota yesibili ka-2021, kodwa imakethe isalokhu incintisana.
Ukusetshenziswa kwamapayipi ahlanganisiwe kuthuthuke ngezinsuku ezingu-422 kwikota yesibili ka-2021, ngenkathi kusetshenzwa amayunithi ayisishiyagalombili epayipi ahlanganisiwe, uma kuqhathaniswa namayunithi amane asebenza izinsuku ezingu-148 kwikota yesibili ka-2020. Ngenkathi umsebenzi wekota yesibili eNtshonalanga naseNingizimu Texas wawungajwayelekile, i-STEP yakwazi ukusebenzisa amathuba emakethe ngenxa yokuba khona kwemakethe kanye nodumo lokwenziwa. Ibhizinisi lepayipi elihlanganisiwe lithole isabelo semakethe ezifundeni zaseBakken naseRocky Mountains, kanti i-STEP ilindele ukuqhubeka nalesi simo kuze kube yikota yesithathu, ngenkathi iqinisekisa ukuzibophezela kwamakhasimende ngomsebenzi omkhulu. Njengokuqhekeka, amapayipi ahlanganisiwe abhekene nengcindezi yentengo njengoba abancintisana nabo bezama ukuthola isabelo semakethe ngenxa yokuphakelwa okuqhubekayo kwemishini kanye nemikhuba yamanani enamandla. Imali engenayo ngosuku kwikota yesibili ka-2021 yayingu-$36,363 ngosuku, uma kuqhathaniswa no-$42,385 ngosuku kwikota yesibili ka-2020.
Ikota yesibili ka-2021 uma kuqhathaniswa nemali engenayo yase-US yekota yokuqala ka-2021 yezinyanga ezintathu eziphele ngomhlaka-30 Juni 2021 yayingamaRandi ayizigidi ezingu-34.4, okuwukwenyuka kwamaRandi ayizigidi ezingu-6.9 kusuka kumaRandi ayizigidi ezingu-27.5 kwikota yokuqala ka-2021. Ukwenyuka kwemali engenayo kwabangelwa ukubuyiselwa komsebenzi wokubhoboza nokuqeda okwaqhubeka nokuqhutshwa amanani aqinile ezimpahla. Ukuqhekeka kwafaka imali engu-$2.6 million emalini engenayo eyengeziwe, kanti ukubhoboza ngamapayipi ahlanganisiwe kwafaka imali engu-$4.3 million.
I-EBITDA elungisiwe yekota yesibili ka-2021 yayingu-$1 million noma u-3% wemali engenayo, okuwukuthuthuka kusukela ekulahlekelweni kwe-EBITDA okulungisiwe okungu-$3 million noma okungekuhle okungu-11% wemali engenayo yekota yokuqala ka-2021. Ukusebenza okuthuthukisiwe kungabangelwa ukwanda kwemali engenayo ehlanganisa isisekelo sezindleko ezihleliwe zebhizinisi lase-US. Izinyathelo zokuphatha izindleko ze-Overhead kanye ne-SG&A eziqaliswe ngo-2020 zaqhubeka kwaze kwaba yikota.
Imakethe yezinsizakalo ze-fracking yase-US inokuncintisana okukhulu futhi i-STEP ingasebenzisa kuphela ukusabalala kwe-fracking okubili kwikota yesibili ka-2021, noma kunjalo, ukuthuthukiswa kwamanani kanye namathuba amaningana okushiywa ngenxa yokungqubuzana kokuhlela kunikeza ithuba lokwengeza ukusabalala okwengeziwe kwikota yesithathu. Ingxenye eyodwa yesine. I-Fracking ibe nezinsuku zebhizinisi eziyi-146 kwikota yesibili ka-2021, ukuthuthuka okuncane kusuka ezinsukwini eziyi-134 kwikota yokuqala ka-2021. Imali engenayo ngosuku lwebhizinisi ikhuphuke isuka ku-$122,575 kwikota yokuqala ka-2021 yaya ku-$130,384 kwikota yesibili ka-2021 ngenxa yokuxubana komsebenzi kanye nokubuyiselwa kwentengo.
Imali engenayo ye-STEP US coiled tube ithuthuke kakhulu uma kuqhathaniswa nekota yokuqala ka-2021 njengoba amazinga omsebenzi ekhuphuka. Izinsuku zebhizinisi zikhuphuke kusukela ezinsukwini ezingu-315 ku-Q1 2021 kuya ezinsukwini ezingu-422 ku-Q2 2021. Imali engenayo ye-coiled tube yayingu-$36,363 ngosuku kwikota yesibili ka-2021, ukwanda kusuka ku-$35,000 ngosuku kwikota yokuqala ka-2021 njengoba ukuthuthukiswa kwamanani kwaqala ukubonakala. Iphrofayili yezindleko yahlala izinzile ngokulandelana, okwaholela ekutheni imikhawulo yokusebenza ithuthuke njengoba imali engenayo ikhuphuka.
Ezinyangeni eziyisithupha eziphele ngoJuni 30, 2021 uma kuqhathaniswa nezinyanga eziyisithupha eziphele ngoJuni 30, 2020 E-United States, imali engenayo evela kuleli bhizinisi ibingu-$61.8 million ezinyangeni eziyisithupha eziphele ngoJuni 30, 2021, uma kuqhathaniswa nezinyanga eziyisithupha eziphele ngoJuni 30, 2021 Imali engenayo engu-$112.4 million ezinyangeni eziyisithupha eziphele ngoJuni 30, 2020 yehle ngo-45%. I-STEP US ibike ukuthi imiphumela ithuthuka ekuqaleni kuka-2020 kwaze kwaba yilapho ukwehla okungakaze kubonwe emisebenzini yezomnotho ngenxa yobhubhane kuholele amanani ezimpahla emazingeni aphansi omlando, okwaholela ekunciphiseni okukhulu emisebenzini yokumba kanye nokuqedwa. Ngo-2020, njengoba izinga lokukhula kwemboni lehla, i-STEP yalungisa ngokushesha isikali sokusebenza futhi yagxila ezintweni ezingalawuleki zenkampani. Nakuba ingekho emazingeni angaphambi kobhubhane, ukuthuthuka kwamuva kwemali engenayo kanye nemingcele yokusebenza kuyizinkomba ezinhle zokululama.
Ukulahlekelwa kwe-EBITDA okulungisiwe kwezinyanga eziyisithupha okuphele ngomhlaka-30 Juni 2021 kwaba yizigidi ezingama-$2.0 (imali engenayo engemihle engu-3%), uma kuqhathaniswa ne-EBITDA elungisiwe engu-$5.6 million (5% yemali engenayo) yesikhathi esifanayo ngo-2020. Imingcele yathinteka yimali engenayo kanye nezindleko zezinto ezibonakalayo ezicindezelayo zokunyuka kwamanani ezivela emikhawulweni yokunikezela emhlabeni wonke kanye nezindleko zesinxephezelo eziphakeme ezivela endaweni yokusebenza encintisanayo.
Imisebenzi yenkampani yenkampani ihlukile emisebenzini yayo yaseCanada nase-US. Izindleko zokusebenza kwenkampani zifaka phakathi lezo ezihlobene nokuthembeka kwempahla kanye namaqembu okwenza ngcono, kanti izindleko ezijwayelekile nezokuphatha zifaka phakathi lezo ezihlobene nethimba eliphethe, ibhodi labaqondisi, izindleko zenkampani yomphakathi, kanye neminye imisebenzi ezuzisa kokubili imisebenzi yaseCanada nase-US.
(1) Bheka Izilinganiso Ezingezona eze-IFRS.(2) Amaphesenti e-EBITDA Elungisiwe abalwe kusetshenziswa imali engenayo ephelele yaleso sikhathi.
Ikota yesibili ka-2021 uma kuqhathaniswa nekota yesibili ka-2020 Izindleko zekota yesibili ka-2021 zaziyizigidi eziyisikhombisa zamaRandi, okwakuyizigidi ezingama-3.3 zamaRandi kunezindleko zekota yesibili ka-2020 ezingamaRandi ayizigidi ezingama-3.7 zamaRandi. Lokhu kunyuka kufaka phakathi imali yezomthetho engu-$1.6 million kanye nezindleko zokuxazulula izinkinga zamacala, kanye nokwenyuka kwezindleko zesinxephezelo. Izindleko zesinxephezelo zaziphezulu uma kuqhathaniswa nekota yesibili ka-2020, ekhombe ukuhoxiswa kwesinxephezelo sesikhashana kanye nokususwa kwamabhonasi njengezinyathelo zokunciphisa izindleko zokuphatha umthelela wobhubhane. Izinzuzo ze-CEWS nazo zehlile ku-Q2 2021 ($0.1 million ku-Q2 2021 uma kuqhathaniswa no-$0.3 million ku-Q2 2020), kanye nesinxephezelo esisekelwe esitokweni ("SBC") sanda ngo-$0.4 million, ikakhulukazi Ngenxa yama-Long Long Term Incentive Units asekelwe emalini emakethe ("LTIP"), kanye nokwenyuka kwezindleko zokuqasha. Le nkampani igcine kakhulu uhlelo lokudilizwa olusetshenziswe ngonyaka odlule ukunciphisa izindleko zesakhiwo sokusekela.