ICalgary, e-Alberta, ngoNovemba 3, 2021 (GLOBE NEWSWIRE) — I-STEP Energy Services Ltd. ("Inkampani" noma "STEP") iyajabula ukumemezela ukuthi imiphumela yayo yezezimali kanye nokusebenza kwenyanga kaSepthemba 2021. Isitatimende sabezindaba esilandelayo kufanele sihlanganiswe nengxoxo yokuphatha kanye nokuhlaziywa ("MD&A") yezinyanga ezintathu neziyisishiyagalolunye eziphele ngoSepthemba 30, 2021 kanye nezitatimende zezimali zesikhashana ezihlanganisiwe ezingakahlolwa kanye nezitatimende ("Izitatimende Zezezimali Zekota"). Abafundi kufanele futhi babhekisele ezigabeni ze-"Forward-Looking Information and Statements" kanye ne-"Non-IFRS Measures" ekupheleni kwalesi sitatimende sabezindaba. Ngaphandle kokuthi kuchazwe ngenye indlela, Zonke izimali nezilinganiso zivezwa ngamadola aseCanada. Ukuze uthole ulwazi olwengeziwe nge-STEP, sicela uvakashele iwebhusayithi ye-SEDAR www.sedar.com, kufaka phakathi ishidi lolwazi lonyaka lenkampani lonyaka ophele ngoDisemba 31, 2020 (oluphele ngoMashi 2021 17) ("AIF").
(1) Bheka Izinyathelo Ezingezona eze-IFRS.”I-Adjusted EBITDA” iyisilinganiso sezezimali esingalethwanga ngokuhambisana ne-IFRS futhi ilingana nezindleko zezimali eziphelele, ukwehla kwenani kanye nokwehliswa kwemali, ukulahlekelwa (inzuzo) ekuchithweni kwempahla nemishini, izinhlinzeko zentela zamanje nezihlehlisiwe kanye nemali engenayo yokubuyisa (ukulahlekelwa), isinxephezelo se-equity, 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 kwe-Q3 2021 Ikota yesithathu ka-2021 yayiyikota enamandla kakhulu ye-STEP selokhu kwaqala ubhubhane ekuqaleni kuka-2020. Lokhu kusebenza kuqhutshwa ukulawulwa kwezindleko zangaphakathi okuqinile kanye nomsebenzi owandisiwe ngamakhasimende ethu njengoba amanani ezimpahla enyuka afinyelela ezingeni eliphezulu leminyaka eminingi kanye nezinhlu zomhlaba wonke ziqhubeka nokwehla ngenxa yokwanda komsebenzi wezomnotho kanye nokwehla kwemali.
Ukwanda kwesidingo sama-hydrocarbon kanye namanani kuye kwaholela ekwandeni kancane kancane komkhiqizo eCanada nase-United States, kanti umsebenzi wokumba othuthukisiwe uye wabangela isidingo sezinsizakalo zenkampani. Uma kuqhathaniswa, i-STEP ikhiphe amathani angu-496,000 e-proppant ku-Q3 2021, uma kuqhathaniswa namathani angu-283,000 ku-Q3 2020 kanye namathani angu-466,000 ku-Q2 2021. Ama-rig ase-US athole isilinganiso sama-rig angu-484 kwikota yesithathu ka-2021, akhuphuke ngo-101% ngonyaka ngonyaka kanye no-11% ngokulandelana. Inani lama-rig aseCanada lathola isilinganiso sama-rig angu-150 phakathi nekota, ukwanda okungu-226% kusuka kwikota yesithathu ka-2020 kanye nokwanda okungu-111% kusuka ekwehleni kwemisebenzi yesizini okubonwe kwikota yesibili ka-2021 ngenxa yokuhlukana kwentwasahlobo.
Imali engenayo ye-STEP yekota yesithathu ka-2021 ikhuphuke ngo-114% kusukela esikhathini esifanayo ngonyaka odlule kanye no-24% kusukela kwikota yesibili ka-2021, ikhuphuke yaya ku-$133.2 million. Ukukhula konyaka nonyaka kuqhutshwe ukululama okunamandla ngo-2020 kusukela ekunciphiseni komsebenzi. Imali engenayo iphinde yasekelwa ukusetshenziswa okuphezulu eCanada nase-US kanye namanani aphezulu ngokumaphakathi.
I-STEP ikhiqize i-EBITDA elungisiwe engu-$18.0 million kwikota yesithathu ka-2021, ukwanda okungu-98% kusuka ku-$9.1 million ekhiqizwe kwikota yesithathu ka-2020 kanye nokwanda okungu-54% kusuka ku-$11.7 million kwikota yesibili ka-2021. Ezinyangeni ezintathu eziphele ngoSepthemba 30, 2021, inkampani yaqaphela u-$1.1 million ngaphansi kohlelo lwe-Canada Emergency Wage Subsidy (“CEWS”) (Septhemba 30, 2020 – $4.5 million, Juni 30, 2021 – $1.9 million USD) ukuze kuncishiswe izindleko zabasebenzi. Izinkampani zibona ukukhuphuka kwezindleko kungena ebhizinisini, okubonisa izimakethe zezisebenzi eziqinile kanye nemingcele yochungechunge lokuhlinzekwa kwempahla emhlabeni jikelele, okuholele ezindleleni eziphakeme, izikhathi zokuhola ezinde, futhi ngezinye izikhathi ukushoda okuqondile.
Le nkampani iqophe ukulahlekelwa okuphelele okungu-$3.4 million (imali engenayo eyisisekelo ngesabelo esingu-$0.05) kwikota yesithathu ka-2021, ukuthuthuka kusuka ekulahlekelweni okuphelele okungu-$9.8 million (imali engenayo eyisisekelo ngesabelo esingu-$0.14) kanye nokulahlekelwa okuphelele okungu-$10.6 kwikota yokuqala ka-2021 okungu-$0.16 million kwikota yesibili (imali engenayo eyisisekelo ngesabelo esingu-$0.16). Ukulahlekelwa okuphelele kufaka phakathi izindleko zezimali ezingu-$3.9 million (ikota yesithathu ka-2020 - $3.5 million, ikota yesibili ka-2021 - $3.4 million) kanye nesinxephezelo esisekelwe esitokweni esingu-$0.3 million (ikota yesithathu ka-2020 - $0.9 million), ikota yesibili ka-2021 - $2.6 million). Ukwehla kokulahlekelwa okuphelele kwakubangelwa yimali engenayo ephezulu ebangelwa umsebenzi ophezulu, kuhlanganiswe nokukhula okuhlelekile kanye nokugcinwa kwezindleko eziphezulu kanye nomnotho wesilinganiso esivela esakhiweni sokuthengisa, esijwayelekile nesokuphatha (“i-SG&A”).
Ibhalansi yaqhubeka nokuthuthuka njengoba imisebenzi ikhula. Njengengxenye yemigomo yayo yezemvelo, ezenhlalo kanye nokubusa (“ESG”), inkampani iyaqhubeka nokwenza ukutshalwa kwezimali okuqondiwe ukuthuthukisa ukusebenza kahle nokunciphisa umthelela wemisebenzi yayo kwezemvelo. Iphinde itshale imali emalini yokusebenza ukuze ihlangabezane namazinga aphezulu e-akhawunti atholakalayo kanye namazinga esitokwe ukuze kuhlangatshezwane namazinga aphezulu emali engenayo. Imali yokusebenza ngoSepthemba 30, 2021 yayingu-$33.2 million, yehle isuka ku-$44.6 million ngoDisemba 31, 2020, ikakhulukazi ngenxa yokufakwa kwe-$21 million ezikweletini zamanje ezihlobene nokukhokha izikweletu okuhleliwe kusukela ngo-2022 (2020 Disemba 31st - akukho).
Ibhalansi eqinisiwe kanye nombono owakhayo webhalansi ka-2021 no-2022 kuvumela inkampani ukuthi yandise isikhathi sokuvuthwa kwesikhungo sayo sesikweletu kuze kube nguJulayi 30, 2023 (bheka i-Liquidity and Capital Resources – Capital Management – ​​Debt). Kusukela ngoSepthemba 30, 2021, inkampani isaqhubeka nokuthobela zonke izivumelwano zezimali nezingezona ezezimali ngaphansi kwesikhungo sethu sesikweletu futhi akulindelekile ukuthi ifune ukwelulwa kwemibandela yokukhululeka kwesivumelwano.
Izimo Zemboni Izinyanga zokuqala eziyisishiyagalolunye zika-2021 zibone ukuthuthuka okwakhayo emisebenzini yezomnotho, okwaholela ethembeni lokuphela konyaka ka-2021 kanye no-2022. Ngenkathi isidingo sikawoyela ongahluziwe singakafiki emazingeni angaphambi kobhubhane, isidingo esingahluziwe sithuthukile, kuyilapho izimpahla zibuye zabuya kancane kancane, okwaholela ekwehleni kwezitokwe. Lokhu kusekele amanani aqinile ezimpahla, kwafinyelela phezulu eminyakeni eminingi, kwakhulisa umsebenzi wokumba kanye nokuqeda kanye nesidingo sezinsizakalo zethu.
Silindele ukuthi ukululama komnotho womhlaba wonke kuqhubeke, kanye nokwanda koketshezi kanye nesidingo sabathengi esinciphile esiqhuba umsebenzi wezomnotho. I-Organization for Economic Co-operation and Development (“OECD”) ibikezela ukuthi i-Gross Domestic Product (“GDP”) yaseCanada izokhula ngo-6.1% ngo-2021 kanye no-3.8% ngo-2022, kanti i-US GDP izokhula ngo-3.6% ngo-2021 kanye no-3.6% ngo-2022. Lokhu kulindeleke ukuthi kuqhube ukwanda kwesidingo samandla. Ukukhula kokukhiqiza okuvamile eNhlanganweni Yamazwe Athumela Ngaphandle Uphethiloli (“OPEC”), eRussia kanye nabanye abakhiqizi abathile (ngokubambisana “OPEC+”), kuhlanganiswe nokutshalwa kwezimali okuncane kwamuva kanye nokwehla kokukhiqiza okuholela ekuncipheni kokunikezwa kwamandla eNyakatho Melika kulindeleke ukuthi kugcine ibhalansi yokunikezwa kwamandla emhlabeni jikelele.
Amanani ezimpahla aphezulu futhi azinzile kufanele aholele ekwandeni okuncane kwezinhlelo zemali kubakhiqizi bakawoyela negesi baseNyakatho Melika. Sesiqala ukubona ukwehluka emakethe njengoba izinkampani zomphakathi zinciphisa ukusetshenziswa kwazo ngenxa yengcindezi yabatshalizimali yokubuyisela imali kubanikazi bamasheya, kuyilapho izinkampani ezizimele zandisa izinhlelo zazo zemali ukuze zisebenzise ithuba lokuthuthukisa amanani ezimpahla. Ukuhlinzekwa kweNyakatho Melika nakho kuthintwe yizinselele ezikhulayo zabasebenzi kanye nezinhlelo zokuhlinzeka eziye zanciphisa ukukhula komsebenzi. Igagasi lamanje lobhubhane, eliqhutshwa uhlobo lweDelta, liphazamise ukusebenza kakhulu kunamagagasi angaphambilini, lidinga ukuxhumana njalo namakhasimende kanye nabasebenzi bokusebenza ukuze kuqashwe abasebenzi abakhona ngokwanele. Imakethe yezabasebenzi ilwa nokuntuleka, ngokuncintisana okukhulu ezimbonini eziningi, kanye nabasebenzi abafanelekile abakhetha ukuphuma ezimbonini zezinsiza, okuholela ekwandeni kwezindleko njengoba abasebenzi bamanje kanye nabangaba khona befuna amaholo aphezulu. Amaketanga okuhlinzekwa kwezingxenye, insimbi, ama-propants namakhemikhali embonini yezinsizakalo zensimu kawoyela nawo athintwe yizikhathi ezinde zokuhola, kanye nezingcaphuno zokulethwa kwezimpahla ezingaphezu kwezinyanga eziyi-12 ngemuva koku-oda, kanye nezindleko ezikhulayo.
Imakethe yemishini yokubopha nokweqa ipayipi yaseCanada isondela ekulinganisweni. Imisebenzi yokubhoboza nokuqeda ekhulayo kulindeleke ukuthi ikhulise isidingo samandla engeziwe emakethe. I-STEP izoqhubeka nokukhuthaza imboni ukuthi igcine ukuzithiba, ingeze abasebenzi kuphela uma amanani ekhombisa ukuqaphela kwabakhiqizi ngokuthuthuka komnotho okubangelwa amanani aphezulu ezimpahla.
1 (Isifinyezo Sezomnotho SaseCanada, 2021) Kuthathwe ku-https://www.oecd.org/economy/canada-economic-snapshot/2 (Isifinyezo Sezomnotho Sase-US, 2021) Kuthathwe ku-https://www.oecd.org/economy /Isifinyezo Sezomnotho Sase-US/
E-US, imakethe yemishini yokubopha nokwephula ehlanganisiwe ihlinzekwa ngokweqile, kodwa kulindeleke ukuthi ifinyelele ukulingana esikhathini esiseduze. Ukwanda kwamuva komsebenzi kuholele ekutheni kube nabanye abasanda kungena emakethe encane nephakathi. Laba basanda kungena bavuselele kakhulu izimpahla ezindala ezazingenabo ubuchwepheshe obusebenza kahle futhi obungabizi njengezimpahla eziphezulu eziqhutshwa yi-STEP nabanye abaholi bemakethe. Nakuba laba badlali abasha benomthamo owengeziwe, isidingo kanye nokutholakala kwemishini kulindeleke ukuthi kuqine njengoba ukushoda kwabasebenzi kuzonciphisa inani lemishini etholakalayo emakethe.
Kudingeka amanani aphezulu ukuqinisekisa ukuthi imboni yezinsizakalo zasensimini kawoyela ingahambisana nokukhula komsebenzi okulindelekile futhi igweme ukucindezelwa okwengeziwe kwemali ngenxa yokucindezeleka kokwehla kwamandla emali. Izinzuzo zamanani aphezulu ezimpahla zidluliselwe kancane emkhakheni wezinsizakalo, ohlala unenani elingaphansi kwamazinga azinzile. I-STEP isezingxoxweni zamanani namakhasimende eCanada nase-US futhi ilindele ukubona ukuthuthuka okwengeziwe emananini aseCanada nase-US ku-Q4 2021 kanye ne-H1 2022.
Lokhu kuthuthukiswa kubalulekile ekwenzeni umkhakha wezinsizakalo zensimu kawoyela ukwazi ukuphendula endabeni ekhulayo ye-ESG embonini. I-STEP yayingumholi wokuqala ekwethuleni imishini yokukhipha ugesi okuphansi futhi izoqhubeka nokwenza kanjalo, ngokuvumelana nokuzibophezela kwayo ekuletheni izixazululo ezintsha emakethe. Isebenzisa ipompo ye-frac enamandla angu-184,750-horsepower (“HP”) dual-fuel kanye nepompo ye-frac enamandla angu-80,000-horsepower Tier 4, futhi yengeza ubuchwepheshe bokunciphisa indle enanini elikhulayo lokufakwa ukuze inciphise kakhulu umthelela wayo emvelweni. Le nkampani iphinde yathatha izinyathelo zokufaka ugesi, yathuthukisa iyunithi ye-coil ne-fracturing ye-STEP-XPRS ehlanganisiwe ye-coil kanye ne-fracturing, enciphisa izinyathelo zemishini kanye nabasebenzi ngo-30%, yehlisa amazinga omsindo ngo-20%, futhi yehlisa ukukhishwa komoya cishe ngo-11%.
Umbono wekota yesi-4 ka-2021 kanye nekota yoku-1 ka-2022 E-Canada, ikota yesi-4 ka-2021 kulindeleke ukuthi idlule ikota yesi-4 ka-2020 kanye nekota yesi-4 ka-2019. Umbono wekota yokuqala ka-2022 kulindeleke ukuthi ube namandla ngendlela efanayo. Imakethe isalokhu incintisana futhi ibucayi ekukhuphukeni kwamanani, kodwa ukwanda okulindelekile komsebenzi kwikota yokuqala ka-2022 kushukumisele abanye abakhiqizi ukuthi bathuthele izinhlelo zokubhoboza kanye nokuqedela kwikota yesine ka-2021 ukuze bathole imishini. Le nkampani iphinde yathola imibuzo mayelana nokutholakala kwedivayisi kwikota yesibili ka-2022, yize ukubonakala kwekota kuhlale kulinganiselwe. Imishini yabasebenzi isibe yisithiyo esibalulekile ekusebenzeni, futhi abaphathi bathatha izinyathelo zokuheha nokugcina ithalente eliphezulu. Le nselele embonini yonke kulindeleke ukuthi inciphise ukunikezwa kwemishini eyengeziwe emakethe.
Imisebenzi ye-STEP yase-US ibonise ukukhula kwemali engenayo okuthuthukisiwe kwikota yesithathu ka-2021, okuwumkhuba esilindele ukuqhubeka kuwo wonke unyaka kuze kube ngu-2022. Umsebenzi wokumba nokuqedela uyaqhubeka nokuthuthuka ngesivinini esisheshayo kuneCanada, futhi ibhalansi yokuhlinzeka ngezidingo kufanele iqhubeke nokuqina. Ukusetshenziswa okuphezulu kwemikhumbi emithathu yenkampani yokuqhekeka kulindeleke kusukela kwikota yesine ka-2021 kuya ku-2022, futhi amakhasimende azobhukha imishini maphakathi nekota yesibili. Insizakalo yepayipi elihlanganisiwe lase-US nayo kulindeleke ukuthi ikhuphuke, kanti ukusetshenziswa okuphezulu kulindeleke phakathi kwekota yesine naphakathi nekota yesibili ka-2022. Le nkampani ilindele ukuthi amanani aqhubeke nokubuya futhi inethuba lokwandiswa kwemikhumbi ehlelekile. NjengaseCanada, izinselele zabasebenzi basensimini e-United States ziseyisithiyo esikhulu ekubuyiseleni imishini ensimini.
Ukuxhaswa Ngezimali Imiphumela ethuthukisiwe yezinyanga ezintathu neziyisishiyagalolunye eziphele ngomhlaka-30 Septhemba 2021 ivumele i-STEP ukuthi iphathe ngempumelelo isikhathi sokukhululwa kwesivumelwano ngokusekelwa yiqembu lethu lamabhange (bheka i-Liquidity and Capital Resources – Capital Management – ​​Debt). Le nkampani ilindele ukubuyela ezilinganisweni ezijwayelekile zemali kanye nezikweletu maphakathi no-2022 futhi, ngakho-ke, ayilindele ukwelula imigomo yokukhululwa kwezikweletu.
Izindleko Zenhloko-dolobha Uhlelo lwenkampani lwenhloko-dolobha lwango-2021 luhlala luku-$39.1 million, okuhlanganisa no-$31.5 million enhloko-dolobha yokulungisa kanye no-$7.6 million enhloko-dolobha yokulungisa. Kulokhu, u-$18.2 million wawungowemisebenzi yaseCanada kanti u-$20.9 million osele wawungowemisebenzi yase-US. Le nkampani yabela u-$25.5 million wezindleko zenhloko-dolobha ezinyangeni eziyisishiyagalolunye eziphele ngoSepthemba 30, 2021, futhi ilindele ukuthi isabelomali sika-2021 siqhubekele ku-2022 wezimali. I-STEP izoqhubeka nokuhlola nokuphatha imishini yayo enabantu kanye nezinhlelo zenhloko-dolobha ngokusekelwe esidingweni semakethe sezinsizakalo ze-STEP futhi izokhipha isabelomali senhloko-dolobha sango-2022 ngemuva kokuphela komjikelezo wokuhlela ibhizinisi wonyaka.
I-STEP inamayunithi angu-16 e-coiled tube e-WCSB. Amayunithi e-coiled tube enkampani aklanyelwe ukusevisa imithombo ejulile ye-WCSB. Imisebenzi ye-fracturing ye-STEP igxile emabhulokini ajulile futhi anzima kakhulu kwezobuchwepheshe e-Alberta nasenyakatho-mpumalanga yeBritish Columbia. I-STEP inama-horsepower angu-282,500, lapho cishe angu-132,500 awo anamandla okusebenzisa uphethiloli ophindwe kabili. Izinkampani zisebenzisa noma zingasebenzi amayunithi e-coiled tube noma ama-horsepower e-fracturing ngokusekelwe ekhonweni lemakethe lokusekela ukusetshenziswa okuqondiwe kanye nembuyiselo yezomnotho.
(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.
Ibhizinisi laseCanada liqhubekile nokuthuthuka kwikota yesithathu ka-2021 uma kuqhathaniswa nekota yesithathu ka-2021, kanti imali engenayo ikhuphuke ngo-$38.7 million noma ngo-86% uma kuqhathaniswa nekota yesithathu ka-2020. Ukuqhekeka kwenyuka ngo-$35.9 million, kuyilapho imali engenayo yepayipi eligoqiwe ikhuphuke ngo-$2.8. Ukwenyuka ngo-$2.8 million uma kuqhathaniswa nesikhathi esifanayo ngo-2020. Ukwanda komsebenzi wokubhoboza nokuqeda kanye nokuhlanganiswa kwamakhasimende ethu kuholele ekwandeni kwezinsuku zokusebenza kuzo zombili izintambo zesevisi.
Ibhizinisi laseCanada lithole i-EBITDA elungisiwe engu-$17.3 million (21% yemali engenayo) kwikota yesithathu ka-2021, ephakeme kancane kune-$17.2 million (38% yemali engenayo) etholakale kwikota yesithathu ka-2020. Naphezu kwemali engenayo ephezulu, i-Adjusted EBITDA ayizange ishintshe ngenxa ye-CEWS ephansi kwikota. Ikota yesithathu ka-2021 ifake i-CEWS engu-$1.3 million uma kuqhathaniswa ne-$4.1 million kwikota yesithathu ka-2020. Ikota iphinde yathinteka ukubuyiswa kwezinzuzo ezihlobene nesinxephezelo kanye nokuguqulwa kokubuyiselwa kwemali yomholo kusukela ngoJanuwari 1, 2021. Ngenkathi isakhiwo se-overhead kanye ne-SG&A sikhuphuke ukuze sisekele ukwanda kwemisebenzi yasensimini uma kuqhathaniswa nekota yesithathu ka-2020, inkampani izibophezele ekugcineni isakhiwo sezindleko esilula.
Imali engenayo ye-fracking yaseCanada engu-$65.3 million ikhuphuke kakhulu uma kuqhathaniswa nesikhathi esifanayo ngo-2020 njengoba i-STEP isebenzise ukusabalala okune uma kuqhathaniswa nokusabalala okuthathu kwikota yesithathu ka-2020. Ukusetshenziswa okunengqondo komugqa wesevisi kwakuyizinsuku ezingu-244, uma kuqhathaniswa nezinsuku ezingu-158 kwikota yesithathu ka-2020, kodwa kwathintwa yisikhathi sokungasebenzi ekuqaleni kukaSepthemba. Ingxenye yalokhu kungasebenzi ibangelwa ukushintshela kwemboni kumodeli yesevisi "efike ngesikhathi esifanele", eyaphazanyiswa kakhulu ubhubhane kule kota, kanye nokuqhubeka kwengcindezi yamanani okuncintisana. Imali engenayo engu-$268,000 ngosuku ikhuphuke isuka ku-$186,000 ngosuku kwikota yesithathu ka-2020, ikakhulukazi ngenxa yokuxubana kwamakhasimende okwaholela ekutheni i-STEP ihlinzeke iningi le-proppant epompelwe. Cishe u-67% wemithombo yokwelapha iyigesi yemvelo kanye ne-condensate ekwakhiweni kweMontney, kanti okusele kuvela ekwakhiweni kukawoyela olula. Amanani aqinile egesi yemvelo ayaqhubeka nokukhuthaza isidingo sezinsizakalo zethu ze-fracking enyakatho-ntshonalanga ye-Alberta nasenyakatho-mpumalanga. IBritish Columbia.
Izindleko zokusebenza ziyanda ngomsebenzi, kanti izindleko zomkhiqizo nezokuthumela ziphawuleka kakhulu ngenxa yokwanda kwepropant enikezwe yi-STEP. Izindleko zomholo nazo ziphakeme ngenxa yokwanda kwenani labasebenzi kanye nokubuyiselwa kwesinxephezelo. Naphezu kwezindleko eziphakeme, umnikelo wemisebenzi yokwaphuka emiphumeleni yokusebenza wawuphezulu kunangekota yesithathu ka-2020 ngenxa yomthwalo womsebenzi omkhulu kanye nokusebenza okuqinile kokusebenza ezindaweni zamakhasimende.
Imali engenayo yamapayipi ahlanganisiwe aseCanada kwikota yesithathu ka-2021 yayingu-$18.2 million, isuka ku-$15.4 million esikhathini esifanayo ngo-2020, ngezinsuku zebhizinisi ezingu-356 uma kuqhathaniswa nezinsuku ezingu-319 kwikota yesithathu ka-2020. I-STEP isebenze isilinganiso samayunithi ayisikhombisa amapayipi ahlanganisiwe kwikota yesithathu ka-2021, uma kuqhathaniswa namayunithi amahlanu ngonyaka odlule. Ukwanda kwabasebenzi kanye nokuguqulwa kokunciphisa amaholo okwenziwa ngo-2020 kuholele ezindlekweni eziphezulu zomholo, kuyilapho ukuxubana kwamakhasimende nomsebenzi kuholele ezindlekweni eziphezulu zomkhiqizo kanye namapayipi ahlanganisiwe. Umphumela ophumela kulokhu ukuthi imisebenzi yokusebenza inikele kancane ekusebenzeni kweCanada uma kuqhathaniswa nekota yesithathu ka-2020.
Ikota yesi-3 ka-2021 uma kuqhathaniswa nekota yesi-2 ka-2021 Imali engenayo yaseCanada ephelele kwikota yesi-3 ka-2021 ibingu-$83.5 million, isuka ku-$73.2 million kwikota yesi-2 ka-2021. Isizini iqala kabusha ngokuncipha kwesizini ngenxa yokuphela kwentwasahlobo. Lokhu kubangelwa yizindleko ezinkulu zemali ezivela kumakhasimende ethu ngenxa yesimo sentengo yezimpahla esithuthukisiwe. Inani lezimpahla kwikota yesithathu liphindwe kabili laya ku-150 lisuka ku-71 kwikota yesibili ka-2021.
I-EBITDA elungisiwe yekota yesithathu ka-2021 yayingu-$17.3 million (21% yemali engenayo) uma kuqhathaniswa ne-$15.6 million (21% yemali engenayo) yekota yesibili ka-2021. I-EBITDA elungisiwe yanda ngokulandelana njengoba izindleko eziguquguqukayo zanda ngokulingana nokwenyuka kwemali engenayo kanye nezindleko ezizinzile zazifana kakhulu. Ikota yesithathu ka-2021 yayihlanganisa i-CEWS engu-$1.3 million, ukwehla kusuka ku-$1.8 million eqoshwe kwikota yesibili ka-2021.
I-Fracking yaqhubeka ngezinhlu ezine, izinsuku ezingama-244 ku-Q3 2021 uma kuqhathaniswa nezinsuku eziyi-174 ku-Q2. Imali engenayo engu-$65.3 million ayizange ikhuphuke ngenani lezinsuku zebhizinisi ngenxa yokwehla okungu-16% kwemali engenayo ngosuku. Ngenkathi amanani ehlala ehambisana nekota edlule, iklayenti kanye nengxube yomsebenzi kwakudinga amandla amancane e-pump kanye nemishini yasensimini, okwaholela ekwehleni kwemali engenayo yansuku zonke. Ukwehla okwengeziwe kwemali engenayo yansuku zonke kwaba ukwehla kokumpompa kwe-proppant njengoba i-STEP impompe amathani angu-218,000 e-proppant ngesigaba ngasinye ngamathani angama-63 ku-Q3 2021 uma kuqhathaniswa namathani angama-275,000 ngesigaba ngasinye ku-Q2 2021 amathani ayi-142.
Ibhizinisi lamapayipi ahlanganisiwe laqhubeka nokusebenzisa amayunithi ayisikhombisa amapayipi ahlanganisiwe ngezinsuku zokusebenza ezingama-356, lakhiqiza imali engenayo engamaRandi ayizigidi eziyi-18.2 kwikota yesithathu ka-2021, uma kuqhathaniswa namaRandi ayizigidi eziyi-17.8 kwikota yesibili ka-2021 ngezinsuku zokusebenza ezingama-304. Ukusetshenziswa kwancishiswa kakhulu ukwehla kwemali engenayo ngosuku kusuka ku-$59,000 kuya ku-$51,000 ngosuku kwikota yesibili ngenxa yokwanda kwemisebenzi yokuqhekeka kwe-annular, okwakuhilela imijikelezo embalwa yezintambo zamapayipi ahlanganisiwe kanye nokwehla kwemali engenayo ehlobene.
Ezinyangeni eziyisishiyagalolunye eziphele ngoSepthemba 30, 2021, uma kuqhathaniswa nezinyanga eziyisishiyagalolunye eziphele ngoSepthemba 30, 2020, imali engenayo evela ebhizinisini laseCanada ezinyangeni zokuqala eziyisishiyagalolunye zika-2021 ikhuphuke ngo-59% unyaka nonyaka yaya ku-$266.1 million. Imali engenayo yokwephulwa kwemisebenzi ikhuphuke ngo-$92.1 million, noma u-79%, ngenxa yezinsuku zokusebenza eziphakeme ezihlanganiswe nemali engenayo yansuku zonke ephezulu, ikakhulukazi ngenxa yokwanda kwemithwalo yemisebenzi ehlinzekwa yi-STEP. Ibhizinisi le-coiled tube lithuthuke kusukela ngonyaka odlule, ngenzuzo ekhuphuke ngo-$6.5 million, noma u-13%, ngenxa yokuncintisana okukhulu kwemakethe. Izinsuku zokusebenza zikhuphuke ngo-2% kuphela, kanti imali engenayo yansuku zonke ikhuphuke ngo-10% ngenxa yokuthuthukiswa kwamanani amancane kanye neminikelo ephezulu evela ezinsizakalweni zokupompa uketshezi kanye ne-nitrogen.
I-EBITDA elungisiwe yezinyanga eziyisishiyagalolunye ephele ngoSepthemba 30, 2021 ibingu-$54.5 million (20% yemali engenayo) uma kuqhathaniswa no-$39.1 million (23% yemali engenayo) ngesikhathi esifanayo ngo-2020. I-EBITDA elungisiwe yathuthuka njengoba ukukhula kwemali engenayo kudlula ukukhula kwezindleko njengoba imisebenzi igcina izindleko eziphansi kanye nesakhiwo se-SG&A esasetshenziswa ngonyaka odlule. Izindleko zokusebenza zithinteke yizingcindezi zokwehla kwamandla emali ngenxa yemikhawulo yochungechunge lokuhlinzekwa komhlaba kanye nokuguqulwa kokunciphisa amaholo ekuqaleni kuka-2021. I-EBITDA elungisiwe yezinyanga eziyisishiyagalolunye ephele ngoSepthemba 30, 2020 ithinteke kabi yiphakheji yokuyeka engu-$3.2 million ehlobene nokulungisa isikali semisebenzi ekuqaleni kobhubhane. Ezinyangeni eziyisishiyagalolunye ephele ngoSepthemba 30, 2021, i-CEWS yebhizinisi laseCanada iqoshwe ku-$6.7 million, uma kuqhathaniswa no-$6.9 million ngesikhathi esifanayo ngo-2020.
Imisebenzi ye-STEP yase-US yaqala ukusebenza ngo-2015, inikeza izinsizakalo zamapayipi ahlanganisiwe. I-STEP inezindawo zokufaka amapayipi ahlanganisiwe ezingu-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. Umsebenzi we-fracking wase-US une-fracking HP ezingu-207,500, lapho cishe ama-HP angu-52,250 anamandla okusebenzisa uphethiloli ophindwe kabili. I-Fracking yenzeka ikakhulukazi emabhasini asePermian nase-Eagle Ford eTexas. Abaphathi bayaqhubeka nokulungisa umthamo kanye nokuthunyelwa 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.
Kwikota yesithathu ka-2021 uma kuqhathaniswa nekota yesithathu ka-2020, ibhizinisi lase-US liqhubekile nokuthambekela ekusebenzeni okuthuthukisiwe kanye ne-EBITDA elungisiwe. Ukunyuka kwamanani ezimpahla kukhuthaze ukwanda komsebenzi wokubhoboza kanye nokuqedwa, okwavumela i-STEP ukuthi iqalise imikhumbi yayo yesithathu yokuqoqa imfucuza kwikota yesithathu ka-2021. Imali engenayo yezinyanga ezintathu ephele ngoSepthemba 30, 2021 yayingu-$49.7 million, ukwanda ngo-184% kusuka ku-$17.5 million ngonyaka ofanayo. Uma kuqhathaniswa nonyaka odlule, umsebenzi wezomnotho ngo-2020 ubone ukwanda kokuphendula ekunciphiseni okungakaze kubonwe ubhubhane. Uma kuqhathaniswa nekota yesithathu ka-2020, imali engenayo yokuqoqa imfucuza ikhuphuke ngo-$20.1 million kanti imali engenayo yokuqoqa imfucuza ikhuphuke ngo-$12 million.
I-EBITDA elungisiwe yezinyanga ezintathu eziphele ngoSepthemba 30, 2021 ibingu-$4.2 million (8% yemali engenayo) uma kuqhathaniswa nokulahlekelwa kwe-EBITDA okulungisiwe okungu-$4.8 million (8% yemali engenayo) kwezinyanga ezintathu eziphele ngoSepthemba 30, 2020 okungekuhle okungu-27% yemali engenayo). I-EBITDA ka-2020 ibibangelwa yimali engenayo enganele ukumboza isisekelo sezindleko ezihleliwe naphezu kokudilizwa emsebenzini kanye nezinye izinyathelo zokunciphisa umthelela wokwehla komnotho. Ibhizinisi liqhubeke nokubona ukuthuthuka kwentengo okuphansi kwikota yesithathu ka-2021, kodwa kwaba kubi kakhulu ukuqasha nokugcina abasebenzi abanolwazi ngenxa yokwehla kwamandla emali kanye nokubambezeleka kochungechunge lokuhlinzekwa komhlaba wonke, kanye nezindleko eziphezulu zezinto zokwakha nezingxenye ngenxa yesinxephezelo esiphezulu, Imiphumela ibeka inselele ekusebenzeni.
Imali engenayo ye-fracking yase-US ibingu-$29.5 million, ikhuphuke ngo-215% kusukela esikhathini esifanayo ngo-2020, njengoba i-STEP ibisebenza nge-fracking spreads ezintathu uma kuqhathaniswa neyodwa ngonyaka odlule. Imisebenzi ye-Fracking yanda kancane kancane ngo-2021, kanti umugqa wesevisi ukwazile ukufeza izinsuku zebhizinisi ezingu-195 kwikota yesithathu ka-2021, uma kuqhathaniswa nezingu-39 esikhathini esifanayo ngo-2020. Imali engenayo ngosuku yehle isuka ku-$240,000 kwikota yesithathu ka-2020 yaya ku-$151 kwikota yesithathu ka-2021 ngenxa yemali engenayo ephansi ye-proppant ngenxa yezinguquko ekuxubeni kwamakhasimende njengoba amakhasimende ekhethe ukuthola i-proppant yawo.
Izindleko zokusebenza zanda ngamazinga emisebenzi, kodwa zingaphansi kokukhula kwemali engenayo, okwaholela ekufakeni isandla okuphezulu kakhulu emisebenzini yokusebenza ekusebenzeni kwe-US. Ngenxa yemakethe yezabasebenzi encane, izindleko zabasebenzi ziyaqhubeka nokukhula futhi izikhathi zokuhola zezingxenye ezibalulekile ziyanda, okwengeza ekucindezelekeni kokwenyuka kwentengo ezindleleni. Amanani aqhubekile nokwenyuka kodwa ancishiswa ngenxa yokunikezwa okuncane kakhulu kwemishini kanye nemakethe encintisanayo. Igebe kulindeleke ukuthi linciphe kwikota yesine nango-2022.
Amapayipi ahlanganisiwe ase-US aqhubekile nokukhula kwawo ngenzuzo engu-$8.2 million ngo-2020, kusukela ku-$8.2 million kwikota yesithathu ka-2020. I-STEP ifakwe amayunithi amapayipi ahlanganisiwe angu-8 futhi inesikhathi sokusebenza sezinsuku ezingu-494, uma kuqhathaniswa nezinsuku ezi-5 nezingu-216 kwikota yesithathu ka-2020. Ukwanda kokusetshenziswa kuhlanganiswe nenzuzo engu-$41,000 ngosuku, uma kuqhathaniswa no-$38,000 esikhathini sonyaka odlule, njengoba amazinga aqala ukwanda eNyakatho Dakota naseColorado. INtshonalanga Texas naseNingizimu Texas ziyaqhubeka nokubhekana nomsebenzi ongavamile kanye nentengo ephansi ngenxa yezimakethe ezihlukene kanye nabancintisani abancane abanciphisa amanani abo ukuze bathole inzuzo. Naphezu kokuncintisana okukhulu kwemakethe, i-STEP ithuthuke ekuqinisekiseni ukusetshenziswa kanye nokubuyiselwa kwentengo ngenxa yokuba khona kwayo emakethe okunesu kanye nedumela lokwenziwa. Njengokuqhekeka, amapayipi ahlanganisiwe abhekene nezindleko ezengeziwe ezihlobene nomsebenzi kanye nezinto zokwakha, izingxenye, kanye nensimbi yentambo yamapayipi ahlanganisiwe.
Ikota yesi-3 ka-2021 vs. Ikota yesi-2 ka-2021 Imisebenzi yase-US yezinyanga ezintathu ephele ngoSepthemba 30, 2021 ikhiqize u-$49.7 million ngokusekelwe ekulindelweni kwemali engenayo ephezulu kwikota yesibili ka-2021. Imali engenayo yokuqothuka kwe-fracture ikhuphuke ngo-$10.5 million, kuyilapho imali engenayo yepayipi elihlanganisiwe ikhuphuke ngo-$4.8 million ngokulandelana. Amanani entengo enyukayo ayaqhubeka nokukhuthaza ukubuyiselwa emsebenzini wokubhoboza nokuqeda, futhi imisebenzi ye-STEP isesimweni esihle sokusebenzisa ukusetshenziswa okwandisiwe.
I-EBITDA elungisiwe inyuse u-$3.2 million kwikota yesithathu ka-2021 uma kuqhathaniswa nekota yesibili ka-2021 njengoba ibhizinisi likwazile ukwandisa umthamo kanye nokusetshenziswa ngokwanda okuncane kwezindleko kanye nesakhiwo se-SG&A. Lawa mabhizinisi ahlala egxile ekukhuleni okusimeme kwisakhiwo sokusekela ngenkathi ephishekela ukuthuthukiswa kwamanani kanye nohlelo lomsebenzi oluqhubekayo lwesikhathi esisele sonyaka kanye no-2022.
Ukwanda kokusabalala kokuqhekeka kwesithathu, kanye noshintsho ekuxubeni kwamakhasimende kanye nesidingo esithuthukisiwe, kuholele ekungeneni okuphezulu kwezinsizakalo zokuqhekeka. Umugqa wesevisi ube nezinsuku zebhizinisi eziyi-195 kwikota yesithathu ka-2021 uma kuqhathaniswa nezinsuku eziyi-146 kwikota yesibili ka-2021. Imali engenayo ngosuku ikhuphuke yaya ku-$151,000 isuka ku-$130,000 kwikota yesibili ngenxa yentengo ethuthukisiwe kanye nokwanda kwamakhemikhali e-propant akhishwa ngenxa yomsebenzi omkhulu. Umnikelo womsebenzi wokusebenza ekusebenzeni kwe-US uthuthuke njengoba ikota yesibili ka-2021 ifaka izindleko zesikhashana ezihlobene nokuqala kwemikhumbi yesithathu yokuqhekeka, ngenxa yokugeleza okuphezulu okuvela ekuthengisweni kwe-propant namakhemikhali kanye nezindleko zokulungisa eziphansi ngokufanayo. Izindleko zomugqa wesevisi zikhuphuke ukuze kusekelwe amazinga aphezulu omsebenzi kanye nemikhumbi eyengeziwe yemishini.
Imali engenayo yepayipi elihlanganisiwe lase-US ikhuphuke ngo-$4.8 million uma kuqhathaniswa nekota yesibili ka-2021 ngenxa yokwanda kwamazinga omsebenzi, okwaholela ezinsukwini zebhizinisi ezingu-494 kwikota yesithathu ka-2021 uma kuqhathaniswa no-422 kwikota yesibili ka-2021. Imali engenayo yepayipi elihlanganisiwe kwikota yesithathu yayingu-$41,000 ngosuku, isuka ku-$36,000 ngosuku kwikota yesibili ka-2021 ngenxa yeminikelo ephezulu evela ezinsizakalweni ze-nitrogen zezimboni kanye nezindleko eziphezulu zokuvuselela izintambo. Izindleko eziguquguqukayo zahlala zizinzile ngokulandelana, zikhuphuka njengoba umsebenzi ukhuphuka, kodwa izindleko zabasebenzi, into enkulu kunazo zonke yezindleko eyodwa emgqeni wesevisi, zathuthukisa ukusebenza njengoba imali engenayo ikhuphuka.
Ezinyangeni eziyisishiyagalolunye eziphele ngoSepthemba 30, 2021 uma kuqhathaniswa nezinyanga eziyisishiyagalolunye eziphele ngoSepthemba 30, 2020. Imali engenayo yase-US evela emisebenzini yezinyanga eziyisishiyagalolunye eziphele ngoSepthemba 30, 2021 ibingu-$111.5 million, kanti ezinyangeni eziyisishiyagalolunye eziphele ngoSepthemba 30, 2021. Ezinyangeni eziyisishiyagalolunye eziphele ngoSepthemba 30, 2020, imali engenayo ibingu-$129.9 million. Ukwehla kwakubangelwa kakhulu ushintsho ekuxubeni kwamakhasimende, lapho amakhasimende ekhetha ukusebenzisa ipropathi yawo yokuthenga. Imisebenzi yase-US yathuthuka kwikota yokuqala ka-2020 kwaze kwaba yilapho ubhubhane luholela ekwehleni okungakaze kubonwe kwemisebenzi yezomnotho kanye namanani ezimpahla eziya phansi emlandweni, okwaholela ekwehleni okukhulu kokubhoboza kanye nokuqedwa. Ikota yesibili neyesithathu ka-2021 ibone ukuthuthuka okukhulu uma kuqhathaniswa nesikhathi esifanayo ngo-2020, kodwa umsebenzi awubuyelanga emazingeni angaphambi kobhubhane. Ukuthuthuka kwamuva kwemali engenayo, kanye nombono othuthukisiwe, kuyisibonakaliso esihle sokululama okuqhubekayo.
Ngokusekelwe ekuthuthukisweni okulandelanayo komsebenzi, imisebenzi yase-US ikhiqize i-Adjusted EBITDA enhle engama-$2.2 million (2% yemali engenayo) ezinyangeni eziyisishiyagalolunye eziphele ngoSepthemba 30, 2021, uma kuqhathaniswa ne-Adjusted EBITDA engama-$0.8 million (2% yemali engenayo) yesikhathi esifanayo esingu-1%) ngo-2020. I-Adjusted EBITDA ithuthuke kancane ngenxa yokuthuthukiswa kwamanani emishini, isakhiwo se-SG&A esiphansi kanye nokugeleza kokuthengiswa komkhiqizo okuthuthukisiwe. Kodwa-ke, ngenxa yemikhawulo yochungechunge lokuhlinzekwa komhlaba wonke, inkampani ibona ingcindezi yokwehla kwamandla emali ezindleleni zezinto zokwakha, kanye nokwanda kwezindleko zesinxephezelo ngenxa yendawo yokusebenza yokuncintisana. Izinyanga eziyisishiyagalolunye eziphele ngoSepthemba 30, 2021 nazo zifaka izindleko ezengeziwe ezihambisana nokuvuselela amandla engeziwe ukuze kuhlangatshezwane nesidingo esikhulayo sezinsizakalo zethu.
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.