Investors

Investors

Titan Energy Services targets the rapidly growing resources, energy and oil & gas industries. The Company’s strategy to attain critical mass by combining a mix of complimentary businesses creates a unique platform for growth by:

  • enhancing our value proposition with an expanded service offering for our clients;
  • improving our cost base through greater purchasing power in relation to our suppliers;
  • enabling greater financial capacity and flexibility to facilitate both organic and acquisition growth; and
  • reducing our cost of funding through a more efficient capital structure.

Some of the key drivers of demand for Titan’s services include the increasing number of resource projects expected to start in the coming years. ABARE estimates over 150 resource projects are forecast to start between 2011 and 2013 with a value in excess of $100bn. In particular:

  • The majority of these projects will be in remote areas with fly-in fly-out workforces, promoting the need for portable housing solutions, like those offered by Titan.
  • Spending on remote accommodation is also expected to grow as mining and resource companies become more focused on the retention of their workforces in the face of skilled staff shortages.

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