4Q 2016 Earnings Release
|
|
- Bryan Cooper
- 5 years ago
- Views:
Transcription
1 SK innovation 4Q 2016 Earnings Release
2 Disclaimer This presentation contains forward-looking statements with respect to financial conditions, results of operations and business of SK Innovation, and plans and objectives of the management of SK Innovation. Statements that are not historical facts, including statements about SK Innovation s beliefs and expectations, are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance of SK Innovation to be materially different from any future results or performance expressed or implied by such forward-looking statements. Financial results for 4Q16 are subject to change according to the outside independent auditors review.
3 Agenda 4Q 2016 Financial Results 4Q 2016 Business Highlights 2017 Business Outlook (Refining/Petrochemical) 2016 Dividend Plan Petrochemical M&A Q&A Appendix
4 Sales & Operating Profit (Unit: bn KRW) 4Q16 3Q16 QoQ Sales 10, , , ,356.3 Operating Profit , ,979.6 EBITDA 1, , ,931.1 Non-Operating Profit Pre-Tax Income , ,654.1 * 2015 financial data reflect reclassified discontinued business operations. 3
5 Balance Sheet (Unit: bn KRW) Change from FY 2015 Assets 32, , , Current assets 14, , ,146.0 Liabilities 14, , Debt 6, , ,605.1 Net Debt , ,613.9 Shareholders Equity 18, , , Paid-in Capital Debt/Equity 78% 84% 6%p 4
6 Agenda 4Q 2016 Financial Results 4Q 2016 Business Highlights 2017 Business Outlook (Refining/Petrochemical) 2016 Dividend Plan Petrochemical M&A Q&A Appendix
7 Refining Refining Margins ($/Bbl) Dubai Crude oil Crude price rose as OPEC and Non-OPEC agreed on output cut Dubai 16.3Q: 43.2$/B 16.4Q: 48.3$/B (+5.1$/B) $22.8 ( ) ($/Bbl) 25 Refining margin improved on stronger overall product cracks Gasoline Crack Diesel Crack ' Gasoline Crack 16.3Q: 9.0$/B 16.4Q: 12.0$/B (+3.0$/B) Diesel Crack 16.3Q: 11.0$/B 16.4Q: 12.0$/B (+1.0$/B) FO Crack 16.3Q: 6.2$/B 16.4Q: 3.9$/B (+2.3$/B) 6
8 Refining Performance Analysis (Unit : Bn. KRW) Operating profit increased on stronger refining margin and inventory gains from higher crude price S GRM Q: 5.1$/B 16.4Q: 6.7$/B (+1.6$/B) 91.9 Seasonal demands for middle distillates and rising crude price to support refining margin in Q1 3Q16 OP Margin Inventory Effect Others 4Q16 OP 7
9 Petrochemical Product Spreads ($/Ton) 1,000 Naph Naph Ethylene-Naph PE-Naph Olefin spreads showed weakness PE Ethylene spreads softened with crackers returning from T/A and weaker downstream demands Ethylene PE spreads moderately weakened on reduced T/A schedule 0 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 ($/Ton) BZ-Naph PX-Naph Aromatics weakened moderately BZ PX PX spreads weakened on new start-up schedules BZ spreads widened on strong SM demands from China 0 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 8
10 Petrochemical Performance Analysis (Unit : Bn. KRW) Decrease in operating profit on planned turnarounds and one-off expenses Turnaround : September ~ October Ethylene (670KTA), Propylene (345KTA) Favorable spreads to continue on strong downstream demands 3Q16 OP Margin Volume Others 4Q16 OP Ethylene : Healthy downstream demands and turnarounds expected within region PX : Robust PTA and Polyester demands 9
11 Lubricants Base Oil Spreads ($/Bbl) 100 Despite stable supply and demand, base oil spreads narrowed on rising crude prices, 150SN 75 Gas Oil 150SN - Gas Oil 16.3Q: 25.2$/B 16.4Q: 19.5$/B SN Gas Oil Spreads expected to gradually recover on tight supply and demand 0 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16
12 Lubricants Performance Analysis (Unit : Bn. KRW) Operating profit decreased on narrowed margin from rising crude price Continue to improve profitability through maximizing sales and global optimization 3Q16 Margin Volume Others 4Q16 OP OP
13 E&P Business (Unit : Bn KRW, 1000 BOE/D) 3Q16 4Q16 Sales Average daily production Peru Peru Vietnam SK E&P America 3 3 Despite sales increase from higher crude and gas prices, Operating profit decreased slightly due to operating and depreciation expenses Oil Portion (%) 34% 34% Operating Profit (Q-o-Q) (Unit: Bn KRW) Impairment loss incurred non-operating expenses : Bn KRW Q16 OP Sales Change Cost Effect Others 4Q16 OP 12
14 I/E Materials Business (Unit : Bn. KRW) EBIDTA 매출액 Revenue 800 Profit decreased on temporary sales drop 16. 4Q Revenue 49.2 billion won QoQ 25% 16. 4Q EBITDA 16.4 billion won QoQ 48% 0 4Q15 1Q16 2Q16 3Q16 4Q16 (Bn. KRW) 증감 Revenue % EBITDA % I/E Business to continue its growth on higher demands from expanding global EV market 13
15 Agenda 4Q 2016 Financial Results 4Q 2016 Business Highlights 2017 Business Outlook (Refining/Petrochemical) 2016 Dividend Plan Petrochemical M&A Q&A Appendix
16 2017 Business Outlook Refining [Unit: Mil. b/d] Capacity additions vs. Demand growth Net Capacity Additions Demand Growth (E) 2018(E) Sound refining margin to continue on healthy demands and limited capacity additions [Diesel] Higher regional demands to outweigh concerns over Chinese exports [Gasoline] Crack Outlook [Unit: $/Bbl] To remain flat on higher US inventory level, despite resilient demand growth Diesel Crack Gasoline Crack 25 Range('12~'16) '16 년 '17 년 Avg.(E) 25 Range('12~'16) '16 년 '17 년 Avg.(E) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 5 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec (Source : IEA, Company Est.) 15
17 2017 Business Outlook Petrochemical 10,000 8,000 (Unit : KTA) Ethylene Supply & Demand (Global / Net) Naptha CTO/MTO US Ethane Demand Growth 200% 150% Price Trends of Feedstocks Ethane Coal Naphtha Ethylene spread to show moderate adjustments on delays and cancellations of scheduled capacity additions 6,000 4, % Possibilities of delays/cancellations from Chinese CTO/MTO 2,000 50% Full impact from US ECCs in % ,000 4,000 (Unit : KTA) PX Supply & Demand (Global / Net) Capacity Addition Demand Growth 2,000 (Unit : KTA) PX Supply & Demand (China / Net) Capacity Addition Demand Growth Despite start-ups of large facilities, robust PX spreads to continue on strong demands 3,000 Strong polyester demands (YoY 5%) 2,000 1,000 Chinese self-sufficiency to stay below 50% 1, (Source : IHS) 16
18 Agenda 4Q 2016 Financial Results 4Q 2016 Business Highlights 2017 Business Outlook (Refining/Petrochemical) 2016 Dividend Plan Petrochemical M&A Q&A Appendix
19 2016 Dividend Plan Unit : KRW Ordinary 2,500 3,200 3,200-3,200 4,800 Extra ,600 1,600 Total DPS 2,800 3,200 3,200-4,800 6,400 Total Dividends bn bn bn bn bn 6,400 4,800 Extra 1,600 2,800 Extra 300 3,200 3,200 No Dividend Extra 1,
20 Agenda 4Q 2016 Financial Results 4Q 2016 Business Highlights 2017 Business Outlook (Refining/Petrochemical) 2016 Dividend Plan Petrochemical M&A Q&A Appendix
21 Petrochemical M&A Dow Chemical s EAA Business Overview Target : Dow Chemical EAA Business EAA (Ethylene Acrylic Acid) Premium packaging adhesive (Adhesive Copolymer) - EAA production facilities (US Texas, Spain) Aseptic Packaging Laminated Tube - EAA/Ionomer technologies, trademarks, etc. - Beverage, Meat - Tooth paste, Cosmetic Strategic Direction Acquiring technologies and products to enter high value-added packaging market EAA Global Market Size 1 2 Downstream portfolio expansion Acquisition ultra high-pressure and high acidity technologies 3 Marketing synergy with existing products Others 26.0 KTA Japan 10.7 KTA China 16.0 KTA EAA : 143 KTA (2016) [Source : CMR, 2016(F)] North America 52.2 KTA Europe 37.6 KTA Global Market Size 143 KTA (2016) 2~3% annual growth (7% in China) Dow Chemical is one of the dominant players in market.
22 Agenda 4Q 2016 Financial Results 4Q 2016 Business Highlights 2017 Business Outlook (Refining/Petrochemical) 2016 Dividend Plan Petrochemical M&A Q&A Appendix
23 Agenda 4Q 2016 Financial Results 4Q 2016 Business Highlights 2017 Business Outlook (Refining/Petrochemical) 2016 Dividend Plan Petrochemical M&A Q&A Appendix
24 Appendix 1. Business Performance 2. Utilization Rate Petroleum/Petrochemical Plants
25 1. Business Performance (excluding intercompany transactions) (Unit: Bn KRW) SK Innovation SK Energy* SK Global Chemical SK Lubricants 4Q Total Sales , , ,079.1 Operating Profit Non-operating profit Pre-tax Income * SK Energy (including SKTI and SKIPC quarterly results) 24
26 2. Utilization Rate Petroleum/Petrochemical Plants Petroleum Plant 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 CDU 76% 70% 77% 83% 83% 84% 89% 85% 90% 84% 84% 83% Ulsan 89% 80% 84% 89% 90% 86% 93% 86% 92% 85% 85% 91% Incheon 37% 39% 60% 66% 67% 78% 77% 81% 83% 81% 81% 58% HOU 92% 92% 99% 100% 83% 81% 100% 100% 91% 98% 98% 100% #1 RFCC 100% 54% 81% 100% 100% 100% 100% 100% 100% 100% 100% 100% #2 RFCC 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 58% Petrochemical Plant 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 NCC 100% 100% 100% 100% 100% 100% 100% 100% 92% 100% 83% 95% PE 100% 100% 100% 100% 100% 99% 100% 100% 98% 98% 84% 72% PP 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 86% 78% PX 100% 100% 100% 100% 100% 100% 100% 100% 100% 89% 100% 90% 25
2018 1Q Earnings Release
SK innovation 2018 1Q Earnings Release 2018. 5. 15 Disclaimer This presentation has been prepared and is presented by SK Innovation, based on the first quarter 2018 financial results, which was review
More information2016 1Q Results. May 2016
216 1Q Results May 216 Agenda 1. Financials 2. Refinery Division 3. Olefins Division 4. Plant Operation 5.Expansion 2 Financial Status (NTD) Category Units 2154Q 2161Q QoQ 2151Q YoY Revenue Mn 15,296 124,471-17%
More information2Q/2011 Analyst Meeting. August 9, 2011 Synergy Hall
2Q/2011 Analyst Meeting August 9, 2011 Synergy Hall 1 Agenda Key Highlights 2Q/11 Financial Results Market Outlook This presentation has be prepared by PTT Aromatics and Refining Public Company Limited
More information2017 1Q Results. May 2017
217 1Q Results May 217 Agenda 1. Financials 2. Market Fundamental 3. Industry Outlook 4. Plant Operation 5.Expansion 2 Financial Status (Unit: NTD Million) 4Q16 1Q17 QoQ 1Q16 YoY Revenues 152,287 164,486
More information2Q 2016 Earnings Release
2Q 2016 Earnings Release July 2016 DISCLAIMER Financial results for 2Q 2016 are provisional and accordingly subject to change according to the outside independent auditors review. This presentation contains
More informationChemicals/ Oil refining
Chemicals/ Oil refining Chemicals: Overweight Oil refining: Neutral Three keywords BD and SBR chain spreads Pure chemical plays Decline in complex refining margin ratio Top picks Kumho Petrochemical (1178,
More informationPlease do not copy or distribute this material as it contains the confidential information of the Company.
This report has been prepared by Hyundai Oilbank Co., Ltd., indicated as "Company" below, for the purpose of promoting understanding of the company's business activities and it is prohibited to export,
More information(Translation) PTT Global Chemical Public Company Limited Management's Discussion and Analysis Financial Result for Year 2011
PTT Global Chemical Public Company Limited Management's Discussion and Analysis Financial Result for Year 2011-1 PTT Global Chemical Public Company Limited and its subsidiaries ( the Company ) was formed
More informationINEOS STYROLUTION. Q1/ 2018 Investor Earnings Call
INEOS STYROLUTION Q1/ 2018 Investor Earnings Call Disclaimer The following presentation includes forward-looking statements, within the meaning of the US securities laws, based on our current expectations
More informationThe Siam Cement Public Company Limited Management s Discussion and Analysis (MD&A) Consolidated Financial Results: Q2/10 and H1/10
The Siam Cement Public Company Limited Management s Discussion and Analysis (MD&A) Consolidated Financial Results: Q2/10 and H1/10 Q2/10 Net Profit of 7,295 MB, up 6% q-o-q and 7% y-o-y. H1/10 Net Profit
More informationEarnings/Share % 2.3 Dividend Payout 3.40** %
Executive Summary PTT Global Chemical Public Company Limited ( the Company ) was formed by the amalgamation between PTT Chemical Public Company Limited ( PTTCH ) and PTT Aromatics and Refining Public Company
More informationAnalyst Meeting. 2Q09 Performance. Friday 14 August 2009
Analyst Meeting 2Q9 Performance Friday 14 August 29 Agenda 2Q9 Management Highlights Operation Performance CAPEX Financial Performance Industry Outlooks 2 2Q9 Highlights Overview Operation Improving in
More informationSupporting Material for First Quarter Results April 2010
1 Supporting Material for First Quarter Results April Notes This document contains forward-looking statements concerning the results of operations and businesses of Showa Shell Sekiyu K.K.. Forward-looking
More informationThai Oil Public Company Limited
-1- Thai Oil Public Company Limited Q1/2016 Financial Result Conference Call 9-10 May 2016 For Thai Analysts & Investors: : +66 2 104 6000 / pin code 583480# (9 May @ 6.00 PM) For Foreign Analyst & Investors:
More informationPTTGC Opportunity Day Q Performance
PTTGC Opportunity Day Q2 2018 Performance 22 August 2018 1 Disclaimer This presentation includes forward-looking statements that are subject to risks and uncertainties, including those pertaining to the
More informationKey Business Drivers: Oil and gas prices continue to rise. NG Prices ($/MMBTU) Dubai vs FO ($/BBL) Petchem ($/Ton) FX (USD/THB) Dubai.
10 Aug 2018 Key Business Drivers: Oil and gas prices continue to rise Dubai vs FO ($/BBL) NG Prices ($/MMBTU) QoQ HoH 90 Dubai 13% 32% FO 15% 29% 72.1 63.9 59.3 69.2 53.1 Dubai 50.5 45.7 49.8 60.3 50 57.5
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 informationROADSHOW WITH UOB KAY HIAN : INVESTOR PRESENTATION
ROADSHOW WITH UOB KAY HIAN : INVESTOR PRESENTATION SEPTEMBER 13, 2016 Disclaimer This presentation includes forward-looking statements that are subject to risks and uncertainties, including those pertaining
More informationTonenGeneral Sekiyu Earnings Results for Full Year 2006
Press Release February 19, 2007 TonenGeneral Sekiyu K.K. (Stock Code: 5012 Tokyo Stock Exchange) Representative Director, Chairman and President D.G. Wascom Contact: Public Affairs ExxonMobil Yugen Kaisha
More informationAnalyst Conference Q3/13 Wednesday, October 30, 2013
Analyst Conference Q3/13 Wednesday, October 3, 213 AGENDA slide 2 I. Consolidated Results - Q3/13 Consolidated Results - 9M/13 Summary - Financial Updates II. SCG Cement - Building Materials III. SCG Chemicals
More informationFY 2013 Analyst Presentation
FY 2013 Analyst Presentation 13 th March 2014 Esso (Thailand) Public Company Limited Business Strategies Commitment to safe, environmentally responsible operations Selective and disciplined investment
More information4Q 2014 Analyst Presentation
March 5, 2015 4Q 2014 Analyst Presentation This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ
More informationRESULTS FOR Q ANALYST TELECONFERENCE
RESULTS FOR Q2 217 ANALYST TELECONFERENCE Market 1 2 Operation Financials 3 2 Market 1 3 4 217 Second Quarter Market Conditions Supply Disruptions Increase in middle distillate demand High import requirements
More informationAnalyst Conference Q1/13 Wednesday, April 24, 2013
Analyst Conference Q1/13 Wednesday, April 24, 2013 Business restructuring slide 2 SCG SCG Cement - Building Materials SCG Chemicals SCG Paper SCG Investment 1. Mr. Kajohndet Sangsuban President SCG Cement-Building
More information3 rd Quarter FY2010 Financial Review
3 rd Quarter FY2010 Financial Review February 2, 2011 Nippon Paper Group, Inc. < Index > (1) Business environment 3-5pp (2) Financial results 6-11pp (3) Earnings forecast 12p 2 (1) Business environment
More informationPTT Global Chemical Public Company Limited. FY 2014 Management Discussion and Analysis. (Translation) EXCELLENCE CREATES SUSTAINABLITIY
PTT Global Chemical Public Company Limited FY 2014 Management Discussion and Analysis (Translation) EXCELLENCE CREATES SUSTAINABLITIY Executive Summary In 2014 PTT Global Chemical Public Company Limited
More informationEarnings Conference Call 1Q17
Earnings Conference Call Investor Relations São Paulo, May 15th, 2017 DISCLAIMER ON FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements. These forward-looking statements are
More informationTonenGeneral Sekiyu K.K. 1Q 2012 Financial Results
1 TonenGeneral Sekiyu K.K. 1Q 2012 Financial Results May 15, 2012 This material contains forward-looking statements based on projections and estimates that involve many variables. TonenGeneral operates
More informationJP Morgan Industrial Conference
S E I Z E T H E M O M E N T S E C U R I N G T H E F U T U R E JP Morgan Industrial Conference Sergey Vasnetsov SVP Strategic Planning and Transactions Cautionary Statement The statements in this presentation
More informationSupporting Material for the FY2017 Results. 14 th February 2018 Showa Shell Sekiyu K.K
1 Supporting Material for the FY Results 14 th February 218 Showa Shell Sekiyu K.K Notes 2 This document contains forward-looking statements concerning the results of operations and businesses of Showa
More informationNarnolia Securities Ltd. ADITYA GUPTA 19-Sep-17. Key Highlights of the Report: RoE to maintain over 13%
Sep-1 Oct-1 Nov-1 Dec-1 Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- 19-Sep- INDUSTRY - OIL & GAS BSE Code - 500325 NSE Code - RELIANCE NIFTY - 1018 Company Data CMP 84 Target Price 900 Previous Target
More informationThai Oil Public Company Limited
-1- Thai Oil Public Company Limited Q2/2014 Financial Result Conference Call 7 & 8 Aug 2014 For Thai Analysts & Investors: : +66 2 104 6000 / pin code 341486 # (7 Aug @ 7.00 PM) For Foreigner Investors:
More informationThe Siam Cement Public Company Limited
Management s Discussion and Analysis Consolidated Financial Results: Q4/05 and FY2005 Business Overview FY2005 Net Profit of 32,236 MB, down 12% y-o-y. Equity Income from Associated Companies in FY2005
More informationMorgan Stanley Global Chemicals Conference Sergey Vasnetsov Senior Vice President, Strategic Planning and Transactions November 2012
Morgan Stanley Global Chemicals Conference Sergey Vasnetsov Senior Vice President, Strategic Planning and Transactions November 212 Cautionary Statement The information in this presentation includes forward-looking
More informationFY2009 Financial Review
FY2009 Financial Review May 10, 2010 Nippon Paper Group, Inc. Nippon Paper Group Contents I. FY2009 Review (April 1, 2009 March 31, 2010) (1) Overview 3-6pp (2) Operating results 7-9pp (3) Analysis of
More informationState of the Chemical and Petrochemical Industry Is India the next driver?
State of the Chemical and Petrochemical Industry Is India the next driver? Presentation to IOC Conclave 29 July 217 Dave Witte Senior Vice President, IHS Markit GM - Oil Markets, Midstream, Downstream
More informationJefferies Industrials Conference
S E I Z E T H E M O M E N T S E C U R I N G T H E F U T U R E Jefferies Industrials Conference Doug Pike VP Investor Relations Cautionary Statement The information in this presentation includes forward-looking
More informationFinancial Presentation 4Q / FY 2017 IFRS Results
Financial Presentation 4Q / FY 217 IFRS Results March 1, 218 Disclaimer No representation or warranty (express or implied) is made as to, and no reliance should be placed on, the fairness, accuracy or
More informationTonenGeneral Sekiyu K.K. Full Year 2014 Financial Results February 16, 2015 at TSE Arrows
TonenGeneral Sekiyu K.K. Full Year 2014 Financial Results February 16, 2015 at TSE Arrows This material contains forward-looking statements based on projections and estimates that involve many variables.
More informationAnalyst Meeting Presentation 2Q/12 Operating Results. August 16, 2012 PTT Auditorium, Bangkok
Analyst Meeting Presentation 2Q/12 Operating Results August 16, 212 PTT Auditorium, Bangkok 1 Disclaimer This presentation includes forward looking statements that are subject to risks and uncertainties,
More informationPTT Global Chemical Public Company Limited
FY 2013 Management Discussion and Analysis (Translation) (Revised) PTT Global Chemical Public Company Limited FY 2013 Management Discussion and Analysis Page 1 FY 2013 Management Discussion and Analysis
More informationINEOS STYROLUTION. Q1/ 2017 Investor Earnings Call
INEOS STYROLUTION Q1/ 2017 Investor Earnings Call Disclaimer The following presentation includes forward-looking statements, within the meaning of the US securities laws, based on our current expectations
More informationReport on Performance in the First Quarter Ended June 30, 2007 (from April 1, 2007 to June 30, 2007)
Report on Performance in the First Quarter Ended June 30, 2007 (from April 1, 2007 to June 30, 2007) Shigeo Hirai Director, Senior Vice President Executive Director of the Corporate Management Division
More informationFY10/3Q Consolidated Results Highlights
February 4, 2011 1 Forward-looking Statement This presentation contains certain forward-looking statements. The Company has tried, whenever possible, to identify these forwardlooking statements using words
More informationJefferies Industrial Conference
Jefferies Industrial Conference Dan Coombs EVP, Global Olefins & Polyolefins and Technology August 10, 2016 Cautionary Statement The statements in this presentation relating to matters that are not historical
More informationEmerging Trends in the Energy Industry. Paul Horak Partner, Audit and Enterprise Risk Services Deloitte & Touche LLP
Emerging Trends in the Energy Industry Paul Horak Partner, Audit and Enterprise Risk Services Deloitte & Touche LLP August 2016 Agenda Introduction Drilling and Production Trends Crude Oil and Refined
More informationGoldman Sachs Basic Materials Conference. Doug Pike VP, Investor Relations May 17, 2016
Goldman Sachs Basic Materials Conference Doug Pike VP, Investor Relations May 17, 2016 Cautionary Statement The statements in this presentation relating to matters that are not historical facts are forward-looking
More informationCOMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET AN INTERNATIONAL ENERGY FORUM PUBLICATION AUGUST 2018 RIYADH, SAUDI ARABIA AUGUST 2018 SUMMARY FINDINGS FROM A COMPARISON OF DATA AND FORECASTS
More informationManagement s Discussion and Analysis (MD&A) and operating results for the first quarter of 2016
Management s Discussion and Analysis (MD&A) and operating results for the first quarter of 2016 1 In the first quarter of 2016 (), net income of PTT and its subsidiaries was Baht 23,669 million, increasing
More informationCredit Suisse Chemicals Conference
S E I Z E T H E M O M E N T S E C U R I N G T H E F U T U R E Credit Suisse Chemicals Conference Sergey Vasnetsov SVP Strategic Planning and Transactions Cautionary Statement The information in this presentation
More informationPROPOSED COMBINATION OF KRATON PERFORMANCE POLYMERS, INC. WITH THE SBC BUSINESS OF LCY CHEMICAL CORP.
UPDATE CALL PROPOSED COMBINATION OF KRATON PERFORMANCE POLYMERS, INC. WITH THE SBC BUSINESS OF LCY CHEMICAL CORP. KRATON PERFORMANCE POLYMERS, INC. KEVIN M. FOGARTY, PRESIDENT AND CHIEF EXECUTIVE OFFICER
More informationINDIAN OIL CORPORATION LIMITED RESEARCH
RESULTS REVIEW Indian Oil Corporation Ltd. Hold Share Data Market Cap Rs. 439.99 bn Price Rs. 369.0 BSE Sensex 15,185.32 Reuters Bloomberg Avg. Volume (52 Week) IOC.BO IOCL IN 0.19 mn 52-Week High/Low
More informationEconomic Overview in the first quarter of 2015
Management s Discussion and Analysis (MD&A) and operating results for the first quarter of 2015 Economic Overview in the first quarter of 2015 The world economy in the first quarter of 2015 () expanded
More information2013 3Q Results Presentation. Athens, 14 November 2013
2013 3Q Results Presentation Athens, 14 November 2013 CONTENTS Executive Summary Industry Environment Group Results Overview Segmental Performance Financial Results Q&A 1 3Q 2013 GROUP KEY FINANCIALS FY
More information1. Industry Conditions
Press Release February 24, 2006 TonenGeneral Sekiyu K.K. (Stock Code: 5012 Tokyo Stock Exchange) Representative Director, Chairman and President G.W. Pruessing Contact: Public Affairs ExxonMobil Yugen
More information2Q/2011 2Q/2010 1Q/2011
(Revised) PTT Chemical Public Company Limited Management's Discussion and Analysis Financial Result for the second quarter of 2011 1. Executive Summary In the second quarter of 2011, PTT Chemical Public
More informationThird Quarter 2017 Financial Results November 2, 2017
Third Quarter 2017 Financial Results November 2, 2017 Trademark of Trinseo S.A. or its affiliates Introductions & Disclosure Rules Introductions Chris Pappas, President & CEO Barry Niziolek, Executive
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 informationFinancial & Business Highlights For the Year Ended June 30, 2017
Financial & Business Highlights For the Year Ended June, 17 17 16 15 14 13 12 Profit and Loss Account Operating Revenue 858 590 648 415 172 174 Investment gains net 5 162 909 825 322 516 Other 262 146
More informationFinancial Summary. Mitsui Chemicals, Inc. February 3, Results of Nine Months of FY2009 & Outlook for FY2009
Financial Summary Results of Nine Months of & Outlook for Mitsui Chemicals, Inc. February 3, 2010 Remarks indicates the fiscal year starting on April 1 of 2009 and ending on March 31 of 2010 Contents 1.Results
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 informationEurozone Economic Watch. March 2018
Eurozone Economic Watch March 20 Eurozone Economic Watch March 20 Eurozone: The moderation of confidence continues We expect GDP growth to remain steady early this year supported mostly by strong global
More informationFormosa Petrochemical
Formosa Petrochemical 1Q 2010 Results For the Months Ended in March 30 th 2010 1 Index 1 2 Our Company Financials 3 4 Refinery Division Olefins Division 5 Capital Expansion 2 Our Company: Leading Private
More informationTonenGeneral Sekiyu K.K. Full Year 2015 Financial Results February 12, 2016
TonenGeneral Sekiyu K.K. Full Year 2015 Financial Results February 12, 2016 This material contains forward-looking statements based on projections and estimates that involve many variables. TonenGeneral
More informationDeutsche Bank Global Industrials and Materials Summit
Deutsche Bank Global Industrials and Materials Summit Doug Pike VP, Investor Relations June 9, 2016 Cautionary Statement The statements in this presentation relating to matters that are not historical
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 informationCOMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET AN INTERNATIONAL ENERGY FORUM PUBLICATION NOVEMBER 2018 RIYADH, SAUDI ARABIA NOVEMBER 2018 SUMMARY FINDINGS FROM A COMPARISON OF DATA AND FORECASTS
More informationCiti Basic Materials Conference
S E I Z E T H E M O M E N T S E C U R I N G T H E F U T U R E Citi Basic Materials Conference Sergey Vasnetsov SVP Strategic Planning and Transactions Cautionary Statement The statements in this presentation
More informationEurozone Economic Watch. November 2017
Eurozone Economic Watch November 2017 Eurozone: improved outlook, still subdued inflation Our MICA-BBVA model for growth estimates for the moment a quarterly GDP figure of around -0.7% in, after % QoQ
More informationRESULTS FOR Q ANALYST TELECONFERENCE
RESULTS FOR Q3 217 ANALYST TELECONFERENCE Market 1 2 Operation Financials 3 Market 1 217 Third Quarter Market Conditions Fires & Strikes in Europe Harsh Hurricane Season in United States Increase in Global
More informationInvestor Presentation Non-Deal Roadshow Organised by Bualuang Securities
Investor Presentation Non-Deal Roadshow Organised by Bualuang Securities Bangkok, 17 May 2018 Disclaimer This presentation contains forward-looking statements of Indorama Ventures Public Company Limited
More informationPTT Global Chemical Public Company Limited
PTT Global Chemical Public Company Limited Management Discussion and Analysis 3Q/2014 (Translation) Executive Summary In 3Q/2014, PTT Global Chemicals Public Company Limited ( the Company ) reported net
More informationFourth Quarter and Full Year 2017 Financial Results February 19, 2018
Fourth Quarter and Full Year 2017 Financial Results February 19, 2018 Trademark of Trinseo S.A. or its affiliates Introductions & Disclosure Rules Introductions Chris Pappas, President & CEO Barry Niziolek,
More informationFinancial Summary. Mitsui Chemicals, Inc. Aug 2, Results of the 1 st Quarter of FY2018 & Outlook for FY2018
Financial Summary Results of the 1 st Quarter of FY2018 & Outlook for FY2018 Mitsui Chemicals, Inc. Aug 2, 2018 FY2018 indicates the period from April 1, 2018 to March 31, 2019. Contents 1. Results
More informationMonthly Economic Insight
Monthly Economic Insight Prepared by : TMB Analytics Date: 22 February 2018 Executive Summary Synchronized global economic growth continued to brighten global economic outlook and global trade outlook.
More informationFinancial Presentation 1Q 2017 IFRS Results
Financial Presentation 1Q 217 IFRS Results May 18, 217 Disclaimer No representation or warranty (express or implied) is made as to, and no reliance should be placed on, the fairness, accuracy or completeness
More information1 F b e 3 ruary, 2010
February 3, 2010 1 Forward-looking Statement This presentation contains certain forward-looking statements. The Company has tried, whenever possible, to identify these forward-looking statements using
More information(Translation) 2Q/2012 (Restate) 1Q/2013
Executive Summary In, PTT Global Chemical Public Company Limited ( the Company ) reported net profit of 4,172 MB or 0.93 Baht/share, increased from 2Q/2012 (restated) with net profit of 1,508 MB or 0.33
More information5405:JP. April 27, 2012
5405:JP SMMLY:US 1 April 27, 2012 Forward-looking Statement This presentation contains certain forward-looking statements. The Company has tried, whenever possible, to identify these forward-looking statements
More informationAnalyst & Investor Fact Sheet Q3 2018
Evonik Group in million Q3 2017 yoy Δ% Q2 2018 qoq Δ% External sales 3,556 3,794 7% 3,870 3,794-2% 3,756 Volume (%) -1% 3% Price (%) 9% 4% Exchange Rates (%) -1% -2% Other effects (%) 0% 1% Adjusted EBITDA
More informationThe Bangchak Petroleum PLC. Analyst Meeting 1Q2016
The Bangchak Petroleum PLC Analyst Meeting 1Q2016 May 18, 2016 AGENDA 1 2 3 4 Performance Summary Oil Market Outlook Financial Performance Update Going Forward in 2016 2 AGENDA 1 2 3 4 Performance Summary
More informationSiamgas and Petrochemicals Public Company Limited. Presentation for Investors & Analysts. Quarter 4, 2013
Siamgas and Petrochemicals Public Company Limited Presentation for Investors & Analysts Quarter 4, 2013 Disclaimer The information contained in this presentation is for information purposes only and does
More informationS-Oil (010950) Healthier revenue structure already reflected in valuations
S-Oil (010950) Hold (Initiate) Stock price (Sep 15, KRW) 46,000 Market cap (USD mn) 4,989 Shares outstanding (mn) 113 52W High/Low (KRW) 81,200/43,500 6M avg. daily turnover (USD mn) 15.4 Free float (%)
More informationSK Corporation. Investor Presentation March, 2004
SK Corporation Investor Presentation March, 2004 Disclaimer This presentation contains forward-looking statements with respect to financial condition, results of operations and business of SK Corporation
More informationVol. 5 : August Forward to Complex Refinery. The Bangchak Petroleum Public Company Limited
Vol. 5 : August 2008 Forward to Complex Refinery The Bangchak Petroleum Public Company Limited Contents Editor s Note 2 Oil Price Situation 2Q 08 3 2Q 08 Performance Summary Product Quality Improvement
More informationFirst Quarter 2018 Financial Results May 2, 2018
First Quarter 2018 Financial Results May 2, 2018 Trademark of Trinseo S.A. or its affiliates Introductions & Disclosure Rules Introductions Chris Pappas, President & CEO Barry Niziolek, Executive Vice
More informationPHILLIPS 66 FIRST QUARTER 2018 CONFERENCE CALL. April 27, 2018
PHILLIPS 66 FIRST QUARTER 2018 CONFERENCE CALL April 27, 2018 CAUTIONARY STATEMENT This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act
More informationQ Earnings Summary August 5, 2015
Q2 2015 Earnings Summary August 5, 2015 Trademark of Trinseo S.A. or its affiliates Introductions & Disclosure Rules Introductions Chris Pappas, President & CEO John Feenan, Executive Vice President &
More informationFinancial Summary. Mitsui Chemicals, Inc. February 5, Results for 3 rd Quarter of FY2018 & Outlook for FY2018
Financial Summary Results for 3 rd Quarter of FY2018 & Outlook for FY2018 Mitsui Chemicals, Inc. February 5, 2019 FY2018 indicates the period from April 1, 2018 to March 31, 2019. Contents 1.
More informationNATIONAL ALUMINIUM COMPANY LTD RESEARCH
RESULTS REVIEW Share Data Market Cap Rs. 234.4 bn Price Rs. 363.80 BSE Sensex 16,886.43 Reuters Bloomberg Avg. Volume (52 Week) NALU.BO NACL IN 0.1 mn 52-Week High/Low Rs. 425/108.35 Shares Outstanding
More informationCOMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET AN INTERNATIONAL ENERGY FORUM PUBLICATION SEPTEMBER 2018 RIYADH, SAUDI ARABIA SEPTEMBER 2018 SUMMARY FINDINGS FROM A COMPARISON OF DATA AND FORECASTS
More informationJ.P. Morgan Aviation, Transportation & Industrials Conference
J.P. Morgan Aviation, Transportation & Industrials Conference Sergey Vasnetsov SVP, Strategic Planning and Transactions March 5, 2015 Cautionary Statement The statements in this presentation relating to
More informationCiti Basic Materials Conference
Citi Basic Materials Conference Bob Patel CEO December 1, Cautionary Statement The statements in this presentation relating to matters that are not historical facts are forward-looking statements. These
More informationFinancial Summary. Mitsui Chemicals, Inc. November 1, Results of the 1 st Half of FY2018 & Outlook for FY2018
Financial Summary Results of the 1 st Half of FY2018 & Outlook for FY2018 Mitsui Chemicals, Inc. November 1, 2018 FY2018 indicates the period from April 1, 2018 to March 31, 2019. Contents 1.
More informationPHILLIPS 66 FOURTH QUARTER 2017 CONFERENCE CALL. February 2, 2018
PHILLIPS 66 FOURTH QUARTER 2017 CONFERENCE CALL February 2, 2018 CAUTIONARY STATEMENT This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act
More informationEurozone Economic Watch. May 2018
Eurozone Economic Watch May 2018 BBVA Research - Eurozone Economic Watch / 2 Eurozone: more moderate growth with higher uncertainty The eurozone GDP growth slowed in more than expected. Beyond temporary
More informationTipco Asphalt Public Company Limited (TASCO)
Tipco Asphalt Public Company Limited (TASCO) 3-2018 Analyst meeting 16 th August 2018 Disclaimer This presentation material has been prepared solely for informational purposes only. TASCO is furnishing
More information4Q & FY2015 Analyst Presentation. March 3, 2016
4Q & FY215 Analyst Presentation March 3, 216 1 Macro Environment Thailand GDP grew 2.8% in fourth quarter and 2.8 % in 215 Dubai oil price decreased by $25.7/bbl in 215, including a $1.8/bbl decline in
More informationSupporting Material for the Second Quarter Results th August 2017 Showa Shell Sekiyu K.K
1 Supporting Material for the Second Quarter Results 217 8 th August 217 Showa Shell Sekiyu K.K Notes 2 This document contains forward-looking statements concerning the results of operations and businesses
More informationFinally, A Global Tailwind for U.S. Manufacturing Growth
Finally, A Global Tailwind for U.S. Manufacturing Growth MAPI Foundation Webinar December 12, 217 Cliff Waldman Chief Economist cwaldman@mapi.net Key Takeaways The global economic recovery is both strengthening
More information