OMV Q Results Conference Call
|
|
- Louisa Hudson
- 5 years ago
- Views:
Transcription
1 OMV Q 207 Results Conference Call Rainer Seele Chairman of the Executive Board and CEO May, 207 OMV Aktiengesellschaft
2 Disclaimer This report contains forward-looking statements. Forward-looking statements may be identified by the use of terms such as outlook, expect, anticipate, target, estimate, goal, plan, intend, may, objective, will and similar terms or by their context. These forward-looking statements are based on beliefs and assumptions currently held by and information currently available to OMV. By their nature, forward-looking statements are subject to risks and uncertainties, both known and unknown, because they relate to events and depend on circumstances that will or may occur in the future and are outside the control of OMV. Consequently, the actual results may differ materially from those expressed or implied by the forward-looking statements. Therefore, recipients of this report are cautioned not to place undue reliance on these forward-looking statements. Neither OMV nor any other person assumes responsibility for the accuracy and completeness of any of the forward-looking statements contained in this report. OMV disclaims any obligation to update these forward-looking statements to reflect actual results, revised assumptions and expectations and future developments and events. This report does not contain any recommendation or invitation to buy or sell securities in OMV. 2
3 Favorable macroenvironment Oil price Brent in USD/bbl OMV oil price forecast Price OMV indicator refining margin in USD/bbl , 4,7 3,7 5,6 5, Q/6 Q2/6 Q3/6 Q4/6 Q/7 Gas prices in EUR/MWh 4,2 4,0 4, 7,6 3,6 3,3 3, Central European Gas Hub 2, Realized gas price (Upstream) 9, 5,4 Q/6 Q2/6 Q3/6 Q4/6 Q/ Q/6 Q2/6 Q3/6 Q4/6 Q/7 Ethylene/propylene net margin 2 in EUR/t Q/6 Q2/6 Q3/6 Q4/6 Q/7 Note: All figures are quarterly averages Converted to MWh using a standardized calorific value across the portfolio ethylene/propylene and naphtha including standard processing consumption 3 2 Spread between market prices of
4 Key messages OUTSTANDING PERFORMANCE Highest quarterly production since 0 years 96% refinery utilization Strong increase in Clean CCS Operating Result Record free cash flow in a 54 USD/bbl oil price environment PORTFOLIO CHANGES Signed acquisition of 24.99% stake in Yuzhno Russkoye gas field in Russia Signed sale of OMV Petrol Ofisi in Turkey Signed financing agreements for Nord Stream 2 COST DISCIPLINE Upstream production cost below USD 9/boe Cost savings target for 207 of more than EUR 250 mn OMV aligned the production cost definition with its industry peers. Starting with Q/7, administrative expenses and selling and distribution costs are excluded. 4
5 Outstanding performance in Q 207 Clean CCS Operating Result Clean CCS net income attributable to stockholders Clean CCS earnings per Share in EUR Upsteam Downstream Q/6 Q4/6 Q/7 Q/6 Q4/6 Q/7 Q/6 Q4/6 Q/7 Operating Result Net income attributable to stockholders Earnings per share in EUR, Upstream Downstream Q/6 (69) Q4/6 Q/7 Q/6 (378) Q4/6 Q/7 Q/6 (.6) Q4/6 Q/7 Note: Consolidation, Corporate & Other Operating Result are not depicted in the charts Figures on this and the following slides may not add up due to rounding differences. 5
6 Threefold increase of Group Clean CCS Operating Result versus Q 206 Clean CCS Operating Result in mn EUR Q Market effects Upstream +47 Downstream +74 Realized oil price increased by 59% 32 Operational effects 32 DD&A 63 Market effects 50 2 Operational Borealis effects contribution 40 DD&A 49 Corporate & Other 805 Q 207 Q 207 vs Q 206: Upstream Realized gas price increased by 8% Favorable foreign exchange effects Higher sales volumes in Libya and in Norway Lower production costs due to strict cost management Lower depreciation mainly due to upward reserves revisions and lower asset base Downstream Higher petrochemicals and indicator refining margins Higher result from Borealis Realized derivative gains and valuation effects in Downstream Gas Lower depreciation mainly due to reclassification of OMV Petrol Ofisi as asset held for sale Note: Market effects defined in Upstream as oil and gas prices, foreign exchange impact, price effect on royalties and hedging and in Downstream as refining indicator margin, petrochemical margins and spark spreads Depreciation, Depletion and Amortization
7 Strong free cash flow generation Sources and uses of cash in Q 206 Sources and uses of cash in Q 207 Free cash flow (45), Free cash flow +, Sources Uses Sources Uses Divestment proceeds Cash flow from operating activities Cash flow for investments 7 Sources and uses excluding financing activities
8 Portfolio changes Sale of OMV Petrol Ofisi to Vitol Group EUR.4 bn transaction value Closing Q3 207 at the latest Agreed to finance up to 0% of Nord Stream 2 project cost Total project cost of EUR 9.5 bn Financing of 70% of project costs aimed to be raised from international lenders by Nord Stream 2 AG Acquisition of 24.99% stake in Yuzhno Russkoye gas field EUR.75 bn purchase price Economic effective date Jan 207 Closing by Q4 207 Signed cooperation with Verbund Cooperation initiative to tackle climate and future energy topics OMV to acquire 40% stake in Smatrics, Austria s leading fullservice provider of E-mobility 8
9 Strict cost discipline Upstream production cost OPEX in USD/boe CAPEX in EUR bn Cost-savings program 2 (6)% (32)% +50 EUR mn > Q 206 Q Target CAPEX guidance including capitalized Exploration and Appraisal expenditures and excluding acquisitions 2 On comparable basis with 205 9
10 Strong cash and reduced net debt position Net debt development in EUR bn Strong liquidity position as of Q/7 Cash position at EUR 3. bn Committed revolving credit facilities of EUR 3.6 bn (undrawn).7 Target long term gearing ratio 30% Dec 3, 205 Dec 3, 206 Mar 3, 207 Gearing ratio in % 28% 2% 2% 0
11 Updated Outlook Forecast 207 Brent oil price (USD/bbl) CEGH gas price (EUR/MWh) 5 > 5 Total hydrocarbon production (kboe/d) OMV indicator refining margin (USD/bbl) 4.7 ~ 4.7 Utilization rate refineries 89% >90% CAPEX (EUR bn) E&A expenditures (EUR mn) Cost savings vs. 205 (EUR mn) >250 Including production from Pearl Petroleum Company 2 Including capitalized Exploration and Appraisal expenditures and excluding acquisitions 3 On a comparable basis
12 OMV Aktiengesellschaft
13 BACKUP OMV Aktiengesellschaft
14 Almost double Group Clean CCS Operating Result than previous quarter Clean CCS Operating Result Upstream +230 Downstream Upstream Realized oil price increased by % Realized gas price increased by 28% Higher sales volumes in Libya offset by lower lifting volumes in Norway Lower exploration expenses due to write-off of an exploration well in Q4/6 Lower production costs Lower depreciation due to upward reserves revisions Downstream Significantly higher petrochemical margins slightly offset by lower indicator refining margin Higher Borealis contribution Q4 206 Market effects Operational effects DD&A Market effects Operational Borealis effects contribution DD&A Corporate & Other Q 207 Reversed Q4/6 mark-to-market valuation effects in Downstream Gas Lower depreciation due to reclassification of OMV Petrol Ofisi to assets held for sale 4 Note: Market effects defined in Upstream as oil and gas prices, foreign exchange impact, price effect on royalties and hedging, and in Downstream as refining indicator margin, petrochemicalmargins and spark spreads. Depreciation, Depletion and Amortization
15 Strong balance sheet Balance Sheet Q 207 vs Q4 206 in EUR bn Highlights Q 207 Tangible & intangible assets Other long term assets Inventories Trade receivables Cash Assets held for sale Other assets Stockholders equity Non-controlling interests Trade payables Bonds and other interest-bearing debts Provisions Liabilities associated with assets held for sale Other liabilities EUR 0.3 bn reduction in tangible and intangible assets mainly due to lower investments Assets held for sale decreased due to the closing of OMV UK divestment Other assets decreased as a result of lower derivatives position Decrease in trade payables impacted by the Schwechat turnaround and reduced working capital measures The overall cash position increased by EUR bn Equity ratio increased from 43% to 46% 3-Dec-6 3-Mar-7 3-Mar-7 3-Dec-6 5 Including EUR 80 mn net cash-inflow from the divestment of OMV (U.K.) Limited and excluding the cash position from held for sale assets
16 Sensitivities on OMV Group in impact Operating Result Operating cash flow Brent oil price (USD +/bbl) Gas price (EUR +/MWh) OMV indicator refining margin (USD +/bbl) Petrochemicals margin (EUR +0/t) EUR-USD (USD appreciates by 0 US cents) Excluding at-equity accounted investments Note: Materially different Brent and FX levels (vs. current levels) would lead to different sensitivity results. 6
OMV Q Conference Call
OMV Q2 208 Conference Call Rainer Seele Chairman of the Executive Board and CEO August 2, 208 OMV Aktiengesellschaft Disclaimer This report contains forward-looking statements. Forward-looking statements
More informationValue creation through performance
Investor Meeting Reinhard Florey, Chief Financial Officer Munich April 5, 2017 Value creation through performance OMV Aktiengesellschaft Disclaimer This presentation contains forward looking statements.
More informationEuropean Energy & Utilities Credit Conference 2017
European Energy & Utilities Credit Conference 207 Clemens Eder Group Treasurer & Chief Risk Officer London, November 2, 207 Value creation through performance OMV Aktiengesellschaft Disclaimer This presentation
More informationOMV Roadshow Presentation
#invest in a growing company Rainer Seele CEO and Chairman of the Executive Board March 13, 2018 OMV Roadshow Presentation May 2018 OMV Aktiengesellschaft Disclaimer This presentation contains forward
More informationQuarterly Report 2018
Q4 Quarterly Report 2018 OMV Aktiengesellschaft The energy for a better life. Table of Contents Directors Report (condensed, unaudited) 4 Group performance 4 Outlook 9 Business Segments 10 Upstream 10
More informationInvestor News November 9, 2016, 6:30 am (GMT), 7:30 am (CET)
Investor News November 9, 2016, 6:30 am (GMT), 7:30 am (CET) OMV Aktiengesellschaft OMV Group Report January September and Q3 2016 including interim consolidated financial statements as of September 30,
More informationOMV STRATEGY 2025 CAPITAL MARKETS DAY. London Ι March 13, 2018
OMV STRATEGY 2025 CAPITAL MARKETS DAY London Ι March 13, 2018 Disclaimer This presentation contains forward looking statements. Forward looking statements usually may be identified by the use of terms
More informationValue creation through performance
Erste Group Investor Conference Magdalena Moll, SVP Investor Relations Stegersbach October 10, 2016 Value creation through performance OMV Aktiengesellschaft Disclaimer This document does not constitute
More informationOMV Results January December and Q4 2014
OMV Results January December and Q4 2014 February 19, 2015 OMV Aktiengesellschaft 2014 full year results and strategy Gerhard Roiss, Chairman of the Executive Board and CEO OMV Aktiengesellschaft 2014:
More informationOMV Q3/18 Results Conference Call October 31, 2018
OMV Q3/18 Results Conference Call October 31, 2018 Rainer Seele Chairman of the Executive Board and CEO The spoken word applies 1/26 OMV Group 2/26 OMV Group Ladies and gentlemen, Good morning and thank
More informationAs of December 31, 2011, figures for Q1/11 to Q3/11 were adjusted following the final purchase price allocation for OMV Petrol Ofisi A.S.
OMV Aktiengesellschaft Investor News Report January June and Q2 202 incl. interim financial statements as of June 30, 202 August 8, 202 6:30 am (BST), 7:30 am (CEST) Clean CCS EBIT at EUR 865 mn, up 82%
More informationChristina Verchere Chief Executive Officer and President of the Executive Board
Christina Verchere Chief Executive Officer and President of the Executive Board Stefan Waldner Chief Financial Officer The spoken word applies. Check against delivery. 1 Christina Verchere OMV Petrom CEO
More informationThe spoken word applies. Check against delivery.
Mariana Gheorghe Chief Executive Officer and President of the Executive Board Andreas Matje Chief Financial Officer The spoken word applies. Check against delivery. 1 Mariana Gheorghe - OMV Petrom S.A.
More informationResults for Q3/07. Record net income with growth in all businesses. David Davies, CFO November 15, Move & More. 1 OMV Group, Q3/07
Results for Record net income with growth in all businesses David Davies, CFO November 15, 2007 1 OMV Group, Move & More. Key themes in Clean EBIT at EUR 625 mn, up 15% on Strong earnings growth across
More information8:00 am 2, 2018, August. for the. Highlights. 1.1 bn Clean CCS Clean CCS. the largest contributor. c. The six-week. Our operating
Investor News August 2, 208, 8:00 am (local time), 7:000 am (CEST), 6:000 am (BST) OMV Petrom S.A. OMV Petrom Group results for January June and Q2 208 ncluding unaudited interim condensed consolidatedd
More informationInvestor News May 11, 2017, 8:30 am (local time), 7:30 am (CEST), 6:30 am (BST)
Investor News May 11, 2017, 8:30 am (local time), 7:30 am (CEST), 6:30 am (BST) OMV Petrom S.A. OMV Petrom Group: results 1 for January March 2017 including interim condensed consolidated financial statements
More informationInvestor News February 16, 2017, 8:30 am (local time), 7:30 am (CET), 6:30 am (GMT)
Investor News February 16, 2017, 8:30 am (local time), 7:30 am (CET), 6:30 am (GMT) OMV Petrom S.A. OMV Petrom Group: results 1 for Q4 and January December 2016 Highlights Q4/16 Free cash flow at RON 432
More informationOMV STRATEGY 2025 CAPITAL MARKETS DAY. London Ι March 13, 2018
OMV STRATEGY 2025 CAPITAL MARKETS DAY London Ι March 3, 208 Disclaimer This presentation contains forward looking statements. Forward looking statements usually may be identified by the use of terms such
More informationLOTOS Group 2Q 2015 consolidated financial results
LOTOS Group 2Q 2015 consolidated financial results August 11th, 2015 1 Key highlights 3-4 2 EFRA Programme milestones 5-9 3 External environment 10-13 4 Upstream 14-17 5 Downstream 18-22 6 Consolidated
More informationLOTOS Group Q3 Consolidated Financial results
LOTOS Group Q3 Consolidated Financial results 29 October 2014 Disclaimer Not for release, publication or distribution, directly or indirectly, in or into the United States of America, Australia, Canada
More informationRecord year without Gas Business 2006 AND 2006 IV. QUARTER PRELIMINARY RESULTS. February 12, 2007
Record year without Gas Business AND IV. QUARTER PRELIMINARY RESULTS February 12, 2007 highlights Outstanding results due to previous years investments and efficiency improvements in all businesses Key
More informationMariana Gheorghe Chief Executive Officer and President of the Executive Board
Mariana Gheorghe Chief Executive Officer and President of the Executive Board Stefan Waldner Chief Financial Officer The spoken word applies. Check against delivery. 1 Mariana Gheorghe - OMV Petrom - CEO
More informationReport January March 2008 including interim financial statements as of March 31, 2008
Report January March 2008 including interim financial statements as of March 31, 2008 Record operating performance in Q1/08 OMV Aktiengesellschaft May 7, 2008 6:30 am (BST), 7:30 am (CET) Q4/07 Q1/08 Q1/07
More information1Q 2017 FINANCIAL RESULTS UNIPETROL. Andrzej Modrzejewski, CEO Mirosław Kastelik, CFO. 27 April 2017 Prague, Czech Republic.
UNIPETROL 1Q 2017 FINANCIAL RESULTS Andrzej Modrzejewski, CEO Mirosław Kastelik, CFO 27 April 2017 Prague, Czech Republic #Unipetrol @unipetrolcz TABLE OF CONTENTS KEY HIGHLIGHTS OF 1Q 2017 MACRO ENVIRONMENT
More informationWEBCAST CONFERENCE CALL First Quarter 2015 Results
WEBCAST CONFERENCE CALL First Quarter 2015 Results May 7th, 2015 Repsol Investor Relations www.repsol.com Disclaimer ALL RIGHTS ARE RESERVED REPSOL, S.A. 2015 Repsol, S.A. is the exclusive owner of this
More informationReport January September and Q including interim financial statements as of September 30, 2009
Report January September and Q3 2009 including interim financial statements as of September 30, 2009 Increasing crude price and cost management improve results OMV Aktiengesellschaft November 10, 2009
More informationFuelling the future. October 19, 2017 Prague, Czech Republic
Fuelling the future October 19, 2017 Prague, Czech Republic UNIPETROL FINANCIAL RESULTS Andrzej Modrzejewski, CEO Mirosław Kastelik, CFO #UNIPETROLQ3 @unipetrolcz TABLE OF CONTENTS KEY HIGHLIGHTS OF MACRO
More informationAnnual Report OMV Aktiengesellschaft
Annual Report 2015 OMV Aktiengesellschaft At a glance Five-year summary (unless otherwise stated) 2015 2014 1 2013 2 2012 2011 3 Sales 22,527 35,913 42,414 42,649 34,053 Earnings Before Interest, Taxes
More informationFuelling the future. July 20, 2018 Prague, Czech Republic
Fuelling the future July 20, 2018 Prague, Czech Republic UNIPETROL FINANCIAL RESULTS Krzysztof Zdziarski, CEO Mirosław Kastelik, CFO #UNIPETROLQ2 @unipetrolcz TABLE OF CONTENTS KEY HIGHLIGHTS OF MACRO
More informationRNR/HYK. Interim Report 1 January - 31 March April 2002 Teleconference
RNR/HYK Interim Report 1 January - 31 March 2002 Teleconference Highlights of the quarter Delivering on strategic agenda Slightly improved results Weakened market conditions 2 Delivering on strategic agenda
More informationSupplementary Information
Supplementary Information The information below has been provided to enhance understanding of the terminology and performance measures that have been used in the accompanying presentations. Group measures
More information1Q2017 IFRS RESULTS MAY 31, Q2017 IFRS RESULTS
Q27 IFRS RESULTS MAY 3, 27 Q27 IFRS RESULTS Alexander Ivannikov Head of Department Q27 IFRS RESULTS 2 DISCLAIMERS This presentation has been prepared by PJSC Gazprom (the Company ), and comprises the slides
More information30 October 2018 BP 3Q 2018 RESULTS. Secret BP 3Q 2018 RESULTS
30 October 2018 BP 3Q 2018 RESULTS 1 Craig Marshall Head of Investor Relations 2 Cautionary statement Forward-looking statements - cautionary statement In order to utilize the safe harbor provisions of
More informationInterim Report 1 January - 31 March April 2002
Interim Report 1 January - 31 March 2002 RNR/HYK Highlights of the quarter Delivering on strategic agenda Slightly improved results Weakened market conditions 2 Delivering on strategic agenda Completed
More informationWEBCAST CONFERENCE CALL Fourth Quarter 2014 Results
WEBCAST CONFERENCE CALL Fourth Quarter 2014 Results February 26th, 2015 Repsol Investor Relations www.repsol.com Disclaimer ALL RIGHTS ARE RESERVED REPSOL, S.A. 2015 Repsol, S.A. is the exclusive owner
More informationROYAL DUTCH SHELL PLC
ROYAL DUTCH SHELL PLC UNAUDITED FINANCIAL STATEMENTS AND OPERATING INFORMATION Index: (Click on the link below for desired data) Consolidated Statement of Income Earnings and Dividends per Share and per
More informationWEBCAST CONFERENCE CALL Third Quarter 2018 Results
WEBCAST CONFERENCE CALL Third Quarter 2018 Results October 31 st 2018 Repsol Investor Relations www.repsol.com Disclaimer ALL RIGHTS ARE RESERVED REPSOL, S.A. 2018 Repsol, S.A. is the exclusive owner of
More informationQ4 and Full Year 2007 STRONG RESULTS FOR THE 3 RD CONSECUTIVE YEAR
Q4 and Full Year 27 STRONG RESULTS FOR THE 3 RD CONSECUTIVE YEAR Disclaimer "This presentation and the associated slides and discussion contain forward-looking statements. These statements are naturally
More informationCorral Q August 2017
Corral Q2 2017 August 2017 Disclaimer This presentation has been prepared by Corral Petroleum Holdings AB (publ) and/or its subsidiaries and affiliates ( Corral ). The information contained in this presentation
More informationCorral Q May 2017
Corral Q1 2017 May 2017 Disclaimer This presentation has been prepared by Corral Petroleum Holdings AB (publ) and/or its subsidiaries and affiliates ( Corral ). The information contained in this presentation
More informationPuma Energy : Fourth quarter & full year 2018 results Thursday 28 th March Puma Energy
Puma Energy : Fourth quarter & full year 2018 results Thursday 28 th March 2019 Puma Energy The opportunity for Puma Energy Unique footprint, great people & strong business fundamentals in high potential
More informationWEBCAST CONFERENCE CALL Third Quarter 2017 Results
WEBCAST CONFERENCE CALL Third Quarter 2017 Results November 3rd, 2017 Repsol Investor Relations www.repsol.com Disclaimer ALL RIGHTS ARE RESERVED REPSOL, S.A. 2017 Repsol, S.A. is the exclusive owner of
More informationFourth quarter 2018 earnings conference call and webcast
Fourth quarter 2018 earnings conference call and webcast Mike Wirth Chairman and Chief Executive Officer Pat Yarrington Vice President and Chief Financial Officer Wayne Borduin General Manager, Investor
More informationPETRONAS Group Financial Results Announcement
PETRONAS Group Financial Results Announcement Q2 2016 2016 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted
More informationLudwigshafen, February 26, 2016
Ludwigshafen, February 26, 216 Analyst Conference Call FY215 Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that are subject to risks and
More informationQ Interim results Christopher Delbrück CFO
Q1 2017 Interim results Christopher Delbrück CFO 09 May 2017 Agenda 1. Q1 2017 Highlights and financial results Christopher Delbrück CFO 2. Appendix Highlights of Q1 2017 Ticking many boxes Action plan
More informationEni Presentation to the Financial Community Third Quarter Results. Marco Mangiagalli CFO. October 31 st, 2007
Eni Presentation to the Financial Community 2007 Third Quarter Results Marco Mangiagalli CFO October 31 st, 2007 Disclaimer Data and information herewith set forth are extracted from Eni s report on the
More informationThird quarter 2017 earnings conference call and webcast
Third quarter 2017 conference call and webcast John Watson Chairman and Chief Executive Officer Pat Yarrington Vice President and Chief Financial Officer Frank Mount General Manager, Investor Relations
More informationSupplementary Information Fourth quarter 2018
Supplementary Information Fourth quarter 2018 The information below has been provided to enhance understanding of the terminology and performance measures that have been used in the accompanying presentations.
More informationFixed Income Investor Update November, 2017
Fixed Income Investor Update 27-28 November, 2017 Disclaimer THIS PRESENTATION IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION.
More informationQ Operational and Financial Results. 15 May 2018
Q1 2018 Operational and Financial Results 15 May 2018 DISCLAIMER The information contained herein pertaining to SIBUR (the "Company") has been provided by the Company solely for use at this presentation.
More information2017 Financial Results 28 March 2018
2017 Financial Results 28 March 2018 Cautionary Statement This proprietary presentation (including any accompanying oral presentation, question and answer session and any other document or materials distributed
More informationGAZPROM: 2Q 2018 IFRS RESULTS
GAZPROM: 2Q 28 IFRS RESULTS AUGUST 3, 28 2Q28 IFRS RESULTS Alexander Ivannikov Head of Department 2Q28 IFRS RESULTS 2 DISCLAIMERS This presentation has been prepared by PJSC Gazprom (the Company ), and
More informationMOL Hungarian Oil and Gas Company. Q preliminary results. May 13, 2005
MOL Hungarian Oil and Gas Company Q1 2005 preliminary results May 13, 2005 Disclaimer "This presentation and the associated slides and discussion contain forward-looking statements. These statements are
More informationUNIPETROL 4Q 2013 FINANCIAL RESULTS
UNIPETROL 4Q 2013 FINANCIAL RESULTS Marek Świtajewski, CEO Mirosław Kastelik, CFO Prague, Czech Republic AGENDA Key highlights of 4Q 2013 Macro environment Financial results Segment results CAPEX, cash
More information1st Quarter 2014 Earnings Webcast. May 9, 2014
1st Quarter 2014 Earnings Webcast May 9, 2014 Disclaimer Safe harbor statement under the US Private Securities Litigation Reform Act of 1995. This document contains statements that YPF believes constitute
More information2016 IFRS RESULTS APRIL 27, IFRS RESULTS
26 IFRS RESULTS APRIL 27, 27 26 IFRS RESULTS Alexander Ivannikov Head of Department 26 IFRS RESULTS 2 DISCLAIMERS This presentation has been prepared by PJSC Gazprom (the Company ) and comprises the slides
More informationROSNEFT Q3 and 9M 2012 IFRS Financial Results. 1 November 2012
ROSNEFT Q3 and 9M 2012 IFRS Financial Results 1 November 2012 Important Notice The information i contained herein has been prepared by the Company. The opinions i presented herein are based on general
More informationROYAL DUTCH SHELL PLC
UNAUDITED FINANCIAL STATEMENTS AND OPERATING INFORMATION Index: (Click on the link below for desired data) Consolidated Statement of Income Condensed Consolidated Balance Sheet Consolidated Statement of
More informationRESULTS OF THE FOURTH QUARTER AND THE FULL YEAR th February 2015
RESULTS OF THE FOURTH QUARTER AND THE FULL YEAR 2014 24 th February 2015 DISCLAIMER "This presentation and the associated slides and discussion contain forward-looking statements. These statements are
More informationVattenfall Q1 results 2009
Vattenfall Q1 results 2009 Presentations by Lars G. Josefsson, CEO and Dag Andresen, CFO Agenda 2 CEO Lars G. Josefsson: Financial highlights Generation volumes Market and price development Other important
More informationConsolidated Financial Results of LOTOS Group 3Q 2013
Consolidated Financial Results of LOTOS Group 3Q 2013 Management Board of Grupa LOTOS S.A. 29th October 2013 1 2 3 4 5 Key highlights Market conditions Market Upstream Conditions Upstream Downstream Downstream
More informationROYAL DUTCH SHELL PLC
UNAUDITED FINANCIAL STATEMENTS AND OPERATING INFORMATION Index: (Click on the link below for desired data) Consolidated Statement of Income Condensed Consolidated Balance Sheet Consolidated Statement of
More informationQ3 Investor Call. September 2016
Q3 Investor Call September 2016 Disclaimer This presentation has been prepared by Corral Petroleum Holdings AB (publ) and/or its subsidiaries and affiliates ( Corral ). The information contained in this
More informationFY 2017 Operational and Financial Results. 28 February 2018
FY 2017 Operational and Financial Results 28 February 2018 DISCLAIMER The information contained herein pertaining to SIBUR (the "Company") has been provided by the Company solely for use at this presentation.
More informationFirst half preliminary results
Healthy EBIT despite weaker US dollar First half preliminary results 9 August 2007 Delivering on Strategic Plan Operational results in H1 2007 in line with expectations Organic growth and development support
More informationThird-quarter sales and EBIT bsi down in a difficult economic environment
Third Quarter 2015 Financial highlights October 27, 2015 Wolfgang Budde 150 years Third-quarter sales and EBIT bsi down in a difficult economic environment Cautionary note regarding forward-looking statements
More informationGrowth. in the Central European oil and gas industry. OMV Group in figures 2006
Growth in the Central European oil and gas industry. OMV Group in figures 2006 Content Statement of the Chairman of the Executive Board 1 Supervisory and Executive Boards 2 The OMV Group and its objectives
More informationStrategy Presentation Transforming eni, creating value. London, 13 March 2015
2015-2018 Strategy Presentation Transforming eni, creating value London, 13 March 2015 2014 achievements new organization upstream production in line with guidance RRR >100% positive results in g&p r&m
More informationCover option 1: Insert a cover picture and align grouped text for everyday modern life. Capital Markets Story. May Place, xx.
Capital Markets Story Cover option 1: Insert a cover picture and align grouped text freely on Sustainable page, (28pt) access to energy for everyday modern life Place, xx. Month 2013 (16pt) May 2017 This
More informationREPSOL POSTS NET INCOME OF BILLION EUROS
Tel.: +34 91 753 87 87 FIRST-HALF EARNINGS PRESS RELEASE Madrid, 26 July 2012 9 pages REPSOL POSTS NET INCOME OF 1.036 BILLION EUROS Net income, excluding YPF, fell 14.6% to 903 million euros due to the
More informationQ RESULTS 12 November,
Q3 RESULTS 12 November, 0 TABLE OF CONTENTS BASIS OF PREPARATION OF THE FINANCIAL INFORMATION... 2 KEY METRICS FOR THE PERIOD... 4 KEY MILESTONES FOR THE THIRD QUARTER OF... 4 NET INCOME PERFORMANCE BY
More informationCover option 1: Insert a cover picture and align grouped text for everyday modern life. Capital Markets Story. November 2017
Capital Markets Story Cover option 1: Insert a cover picture and align grouped text freely on Sustainable page, (28pt) access to energy for everyday modern life Place, xx. Month 2013 (16pt) November 2017
More informationBASF 1 st Quarter 2014 Analyst Conference Call May 2, 2014, 8:30 a.m. (CEST), Mannheim
S BASF 1 st Quarter 2014 Analyst Conference Call May 2, 2014, 8:30 a.m. (CEST), Mannheim First Quarter 2014 Financial highlights May 2, 2014 Good start to the year in chemicals business, oil and gas business
More informationFirst Quarter results Matti Lievonen, President & CEO 27 April 2017
First Quarter results 2017 Matti Lievonen, President & CEO 27 April 2017 Agenda 1. Q1/17 Group financials 2. Q1/17 Segment reviews 3. Current topics 4. Appendix 2 Disclaimer The following information contains,
More informationFortum Corporation Interim report January June July 2014
Fortum Corporation Interim report January June 2014 18 July 2014 Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Fortum
More information31 July 2018 BP 2Q 2018 RESULTS. Secret BP 2Q 2018 RESULTS
31 July 2018 BP 2Q 2018 RESULTS 1 Craig Marshall Head of Investor Relations 2 Cautionary statement Forward-looking statements - cautionary statement In order to utilize the safe harbor provisions of the
More informationCover option 1: Insert a cover picture and align grouped text freely on page, (28pt) Capital Market Story. November Place, xx.
Capital Market Story Cover option 1: Insert a cover picture and align grouped text freely on page, (28pt) Place, xx. Month 2013 (16pt) November 2018 This page is left blank intentionally 2 OMV Petrom Capital
More informationBP 2Q 2009 Results. 28th July 2009
BP 2Q 29 Results 28th July 29 Fergus MacLeod Head of Investor Relations Cautionary Statement Forward Looking Statements - Cautionary Statement This presentation and the associated slides and discussion
More informationFinancial Statements Fortum Corporation 2 February 2017
Financial Statements 2016 Fortum Corporation 2 February 2017 Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Fortum shares.
More informationWEBCAST CONFERENCE CALL Fourth Quarter 2015 Results
WEBCAST CONFERENCE CALL Fourth Quarter 2015 Results February 25th, 2015 Repsol Investor Relations www.repsol.com Disclaimer ALL RIGHTS ARE RESERVED REPSOL, S.A. 2016 Repsol, S.A. is the exclusive owner
More informationPETRONAS Group Financial Results Announcement
PETRONAS Group Financial Results Announcement Q4 FY and Year End FY 2017 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system
More informationA leading energy company in the Nordic area
A leading energy company in the Nordic area Investor Meetings February, 2005 Fortum's strategy Fortum focuses on the Nordic energy market as a platform for long-term profitable growth Create the leading
More informationApril 29, Results First quarter 2016
April 29, 2016 Results First quarter 2016 Cautionary Statement 2 By attending or reading this presentation, you acknowledge and agree to be bound by the following limitations and restrictions. This presentation
More informationPerformance Conference Call Q4/2017 and YE February 2018
Performance Conference Call Q4/2017 and YE2017 20 February 2018 Key Business Drivers: Gas price remained low while oil price picks up 90 50 10 1300 Dubai FO 36.8 30.5 HDPE Price 1,128 Dubai vs FO ($/BBL)
More informationFortum Corporation Interim report January-March April 2010
Fortum Corporation Interim report January-March 21 27 April 21 Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Fortum
More informationQ Financial Results 16 November 2015
Q3-2015 Financial Results 16 November 2015 Disclaimer This proprietary presentation (including any accompanying oral presentation, question and answer session and any other document or materials distributed
More information3 rd QUARTER 2018 EARNINGS WEBCAST. November 12 th, 2018
3 rd QUARTER 2018 EARNINGS WEBCAST November 12 th, 2018 1 Important notice Safe harbor statement under the US Private Securities Litigation Reform Act of 1995. This document contains statements that YPF
More informationImperial earns $516 million in the first quarter of 2018
Q1 News Release Calgary, April 27, 2018 Imperial earns $516 million in the first quarter of 2018 $1 billion of cash generated from operations; nearly $400 million returned to shareholders Quarterly dividend
More informationH Operational and Financial Results. 15 August 2017
H1 2017 Operational and Financial Results 15 August 2017 DISCLAIMER The information contained herein pertaining to SIBUR (the "Company") has been provided by the Company solely for use at this presentation.
More information3Q2017 IFRS RESULTS NOVEMBER 30, Q2017 IFRS RESULTS
3Q27 IFRS RESULTS NOVEMBER 3, 27 3Q27 IFRS RESULTS Igor Shatalov First Deputy Head of Department 3Q27 IFRS RESULTS 2 DISCLAIMERS This presentation has been prepared by PJSC Gazprom (the Company ), and
More information1Q2015 IFRS CONSOLIDATED FINANCIAL RESULTS
Q5 IFRS CONSOLIDATED FINANCIAL RESULTS AUGUST, 5 Alexander Ivannikov Head of the Department Q5 IFRS CONSOLIDATED FINANCIAL RESULTS DISCLAIMERS This presentation has been prepared by PJSC Gazprom (the Company
More informationFortum Corporation Interim Report January-March April 2012
Fortum Corporation Interim Report January-March 2012 26 April 2012 1 Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any
More informationQ Earnings Presentation. Rainer Beaujean, Speaker of the Management Board and CFO April 12, 2018
Q1 2018 Earnings Presentation Rainer Beaujean, Speaker of the Management Board and CFO April 12, 2018 Disclaimer This presentation may contain certain forward-looking statements, including assumptions,
More informationThird quarter 2017 results
Third quarter 2017 results Re-shaping Shell, to create a world-class investment case Royal Dutch Shell plc November 2, 2017 #makethefuture Royal Dutch Shell November 2, 2017 Jessica Uhl Chief Financial
More information1Q2012 IFRS Consolidated Financial Results. September 10th 2012
1Q212 IFRS Consolidated Financial Results September 1th 212 Disclaimers This presentation has been prepared by OJSC Gazprom (the Company ), and comprises the slides for a presentation to investors concerning
More informationFinancial Statements Matti Lievonen, President & CEO 7 February 2018
Financial Statements 2017 Matti Lievonen, President & CEO 7 February 2018 Agenda 1. Year 2017 2. Group financials 2017 3. Segment reviews 4. Current topics 5. Appendix 2 Disclaimer The following information
More information26 February, Q2014 RESULTS
26 February, 2015 4Q RESULTS TABLE OF CONTENTS BASIS OF PREPARATION OF THE FINANCIAL INFORMATION... 2 BASIS OF PREPARATION... 2 CONSOLIDATED FINANCIAL STATEMENTS... 3 KEY METRICS FOR THE PERIOD... 4 KEY
More informationEni Presentation to the Financial Community. London, March 1 st, 2005
Eni Presentation to the Financial Community London, March 1 st, 2005 Disclaimer This presentation contains forward-looking statements regarding future events and the future results of Eni that are based
More information1Q 2018 IFRS FINANCIAL RESULTS. May 29, 2018
1Q 2018 IFRS FINANCIAL RESULTS May 29, 2018 Forward-looking statements Certain statements in this presentation are not historical facts but are forward-looking. Examples of such forward-looking statements
More information