Powering Ahead with Singapore Petroleum. Global economic slowdown severely weakened demand for oil and refined products.
|
|
- Cory Hall
- 6 years ago
- Views:
Transcription
1 Powering Ahead with Singapore Petroleum January H08 Overview Macro-economic factors Global economic slowdown severely weakened demand for oil and refined products. Oil prices fell by more than US$100 per barrel from record highs in July 08 to below US$40 per barrel in December 08. Geopolitical tensions and uncertain global economic outlook has resulted in increased volatilities in oil prices and weaker refining margins. WTI Crude Prices in 2008 Source: Bloomberg 2
2 FY08 Summary Financials Turnover of $11.1 billion, a y-o-y increase of 26.9% Cost of sales was $10.7 billion, a y-o-y increase of 32.5% Gross profit was $466.1 million, a y-o-y decrease of 35.6% Profit before tax at $300.4 million, a y-o-y decrease of 48.5% PATMI at $229.7 million, a y-o-y decrease of 55.4% EPS at cents Gearing ratio of 0.15X Return on equity of 13.1% Others Average refining margin of about US$5.50 per barrel Total sales volume of 76.6 million barrels Average realisation of US$ per barrel, compared to US$74.37 per barrel in 2007 The Group s prudent hedging activities yielded gains which partially offset the inventory write-down. 3 FY08 Continued Top-line Growth Annual Revenue 10,000 9,000 8, , , ,000 7, ,000 6,000 5,000 4, ,000 3,000 3, ,000 1,
3 FY08 A Creditable Performance Annual PATMI (Restated) Increased Upstream Profitability Despite Oil Price Fall Kakap oil & gas production $ Oyong oil production in 3Q Bohai oil production in 2H Operating Profit S WTI US$/bbl US$95.98 Portfolio of 10 E&P acreages Oyong oil production Bohai oil production Kakap production S$ US$61.05 S$54.49 US$ SS$
4 FY08 Stronger Contribution From E&P Segmental breakdown Revenue Operating Profit Exploration & Production Downstream 10, E&P fuels growth - Operating profit margin of about 47.38% - Contributes 2.96% of 2008 revenue and 48.21% of OP Downstream provides sustainable income - Operating profit margin of about 1.46% - Contributes 97.04% of 2008 revenue and 48.71% of OP 7 Compelling Value Proposition E&P Growth + Downstream Support Operating Profit Margin ( %) E&P Downstream
5 Exploration & Production In 2000, SPC repositioned its business to create sustainable long-term growth. SPC began investing in the upstream sector. Its activities include the exploration, development and production of crude oil and natural gas. Today, SPC has 9 Production Sharing Contracts (PSC), 1 exploration permit and 3 gas pipelines. Its E&P footprint extends across 5 countries Australia, Cambodia, China, Indonesia and Vietnam. 9 E&P Asset Summary Asset East Kalimantan, Mahakam Hilir PSC Bohai Bay, Block 04/36 Bohai Bay, Block 05/36 Pearl River Mouth Basin, Block 26/18 Bass Basin, Block T/47P Song Hong Basin, Block /04 Khmer Basin, Block B Offshore East Java, Sampang PSC Oyong oil field Oyong gas field Jeruk oil field Song Hong Basin, Blocks 102 and 106 West Natuna Sea, Kakap PSC Location Indonesia China China Australia Vietnam Cambodia Indonesia Vietnam Indonesia Acquired Nov-08 Oct-07 Aug-07 Mar-07 Oct-06 Aug-05 Jul-04 Apr-04 Jun-00 Area km2 198 km2 4,961 km2 2,890 km2 6,174 km2 6,560 km km2 8,560 km2 2,006 km2 Working interest 100.0% 8.9% 7.8% 100.0% 35.0% 45.0% 33.3% 40.0% 40.0% 40.0% 21.8% 20.0% 15.0% Operator SPC Anadarko SPC Tap Oil Santos PTTEP Santos Petronas Star Energy 10
6 E&P Indonesia Mahakam Hilir (East Kalimantan) Location : East Kalimantan, Indonesia Area : approx km 2 Type : exploration Operator: SPC Share : 100% 11 E&P Strong Contribution to Revenue and Profitability Revenue Operating Profit SPC s Growth Catalyst now contributes close to 40% of bottom-line 12
7 Downstream Sustainable Cashflow Revenue Operating Profit Downstream provides sustainable earnings support 13 Positioned to Weather Challenges Ahead Financially robust to build growth platforms and seize opportunities during this economic downturn. Intact management team with more than 30 years at the helm. Good track record and developed know-how in both downstream and upstream businesses. Upstream growth has successfully diversified earnings stream Established first upstream branch office in Shekou, China (September 2008) Awarded operatorship of first onshore block, Mahakam Hilir PSC in East Kalimantan, Indonesia (November 2008) SPC s fundamentals remain sound. The Group has a robust corporate governance and risk management framework. Positioned to face the challenges ahead. 14
8 Growing SPC Amid Uncertainties The global economic uncertainties will take time to dissipate. Investments in the oil industry have been curtailed or cancelled due to the uncertain economic outlook. New refining capacity will affect margins. SPC will continue to review its capital investments and operating expenditure to ensure that these make economic sense amid the difficult operating environment. SPC will continue to invest prudently to benefit from opportunities that may arise from the current downturn. - E&P will grow organically and through acquisitions - Downstream will continue to support earnings with continued investments in selected projects SPC has low gearing and no long-term borrowings to be re-financed. The Group remains financially robust and resilient. SPC will continue to focus on corporate sustainability - Ensure robust risk management framework - Heighten corporate governance and internal controls 15 Consistent Returns to Shareholders S$ EPS DPS
9 Disclaimer This release may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include industry and economic situations, competition, and legal, governmental and regulatory changes. The forward-looking statements reflect the current views of Management on future trends and developments. 17 Q & A 18
10 For further information, please contact the SPC Investor Relations & Communications Team Ms Elaine ANG Tel: (65) Ms Joey HO Tel: (65) Thank You! Powering Ahead with Singapore Petroleum Singapore Petroleum Company Limited 1 Maritime Square #10-10 HarbourFront Centre Singapore Tel : (65) Fax : (65) Retail Hotline:
Market Access. M&A Securities. Results Review (2Q16) SapuraKencana Petroleum Berhad. Solid Orderbook as a Shield BUY (TP: RM2.
M&A Securities Results Review (2Q16) PP14767/09/2012(030761) SapuraKencana Petroleum Berhad Thursday, September 17, 2015 BUY (TP: RM2.55) Solid Orderbook as a Shield Results Review Actual vs. expectations.
More informationKrisEnergy announces 3Q2015 financial & operational update 3Q2015 production rises almost 20% as new Thai oil fields
. KrisEnergy announces 3Q2015 financial & operational update 3Q2015 production rises almost 20% as new Thai oil fields ramp up; working interest volumes exceed 13,500 boepd by end October 2015 Revenue
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 informationFor personal use only
ABN 45 066 383 971 21 April 2017 PAGES (including this page): 13 ASX Market Announcements ASX Limited Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000 Quarterly Report for Period Ended 31 March
More informationOperating profit is arrived at after charging/(crediting) the following:
Financial Statement SINGAPORE PETROLEUM COMPANY LIMITED 1 UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2004 The Directors of Singapore Petroleum Company Limited (SPC) advise the following unaudited
More informationNew Zealand Oil & Gas Activities Report
Quarter ended 31 MARCH 2017 New Zealand Oil & Gas Activities Report NEWS Special Meeting votes to support capital return. Cash balance at quarter end: $234 million. CAPITAL RETURN A special meeting of
More informationQuarterly Report SUMMARY OF ACTIVITIES
Quarterly Report Q1 FY18 September 2017 SUMMARY OF ACTIVITIES Highlights 10 years LTI free safety milestone achieved by Santos at the Oyong facility in Sampang PSC. Sampang Sustainability Project 87% complete;
More informationFinancial Results for the nine months ended December 31, 2016 INPEX CORPORATION. February 10, 2017
Financial Results for the nine months ended December 31, 2016 INPEX CORPORATION February 10, 2017 Cautionary Statement This presentation includes forward looking information that reflects the plan and
More informationOPERATIONS AND FINANCIAL REVIEW
MEWAH INTERNATIONAL INC. ANNUAL REPORT 2015 13 OPERATIONS AND FY 2013 FY 2014 FY 2015 INCOME STATEMENT Revenue 3,194 3,439 2,675 Operating margin 115.5 94.6 94.2 Profit after tax 20.9 2.7 6.5 Earnings
More information31 August 2012 PAGES (including this page): 18. Company Announcements Office 10th Floor 20 Bond Street Sydney NSW 2000
A.B.N. 45 066 383 971 31 August 2012 PAGES (including this page): 18 CUE ENERGY OVERVIEW Company Announcements Office 10th Floor 20 Bond Street Sydney NSW 2000 Full Year Preliminary Financial Report for
More informationStep Change Opportunities Australia: WA-359-P Farmout Agreement and WA-409-P Equity Option with Beach Energy announced.
Quarterly Report Q2 FY18 December 2017 SUMMARY OF ACTIVITIES Highlights $5.5 million revenue for the quarter WA-359-P Farmout Agreement and WA-490-P Equity Option with Beach Energy executed Paus Biru-1
More informationQuarterly Report for Period Ended 30 June 2017
ABN 45 066 383 971 25 July 2017 PAGES (including this page): 13 ASX Market Announcements ASX Limited Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000 Quarterly Report for Period Ended 30 June
More informationDavid Craig CHIEF FINANCIAL OFFICER
David Craig CHIEF FINANCIAL OFFICER 14 November 2007 Commonwealth Bank of Australia ACN 123 123 124 MORGAN STANLEY ASIA PACIFIC SUMMIT 2007 SINGAPORE Disclaimer The material that follows is a presentation
More informationSantos 2003 Full Year Results
Santos 2003 Full Year Results Accelerating the pace of change John Ellice-Flint Chief Executive Officer 24 February 2004 1 Disclaimer & Important Notice This presentation contains forward looking statements
More informationHello and welcome. This is BP s first-quarter 2017 results webcast and conference call.
1 Hello and welcome. This is BP s first-quarter 2017 results webcast and conference call. I m Jess Mitchell, BP s Head of Investor Relations and I m here with our Chief Financial Officer, Brian Gilvary.
More informationRalph Norris CHIEF EXECUTIVE OFFICER
Ralph Norris CHIEF EXECUTIVE OFFICER 27 September 2007 Commonwealth Bank of Australia ACN 123 123 124 JP MORGAN ASIA PACIFIC AUSTRALASIAN CONFERENCE 2007 EDINBURGH Disclaimer The material that follows
More informationHY15 Results Presentation. Jason Marine Group Limited
HY15 Results Presentation Jason Marine Group Limited Disclaimer This presentation has been reviewed by the Company s sponsor, CIMB Bank Berhad, Singapore Branch (the Sponsor ) for compliance with the Singapore
More informationASX Small to Mid Caps Conference
ASX Small to Mid Caps Conference Hong Kong 21 October 2010 Slide 0 ROC OIL COMPANY PROFILE ROC is an ASX-listed upstream oil and gas company 160 employees Asia-Australasia Focus Production assets 2P Reserves
More information$2.1 million Net Cashflow for the quarter WA-359-P application for Suspension, Extension and Variation submitted
Quarterly Report Q3 FY18 March 2018 SUMMARY OF ACTIVITIES Highlights $2.1 million Net Cashflow for the quarter WA-359-P application for Suspension, Extension and Variation submitted Sustainable Business
More informationAustralia: WA-359-P Suspension and extension application still pending with NOPTA. Cue continues to review funding options for the Ironbark-1well.
Quarterly Report Q4 FY18 June 2018 SUMMARY OF ACTIVITIES Highlights $3.6 million net cashflow for the quarter, increasing cash to $16.98m Rig procurement underway for Paus Biru-1 exploration well WA-359-P
More informationCitigroup Australia and New Zealand 4th Annual Investment Conference London. March Ralph Norris. 5 6 March 2007 CHIEF EXECUTIVE OFFICER
Citigroup Australia and New Zealand 4th Annual Investment Conference London March 2007 5 6 March 2007 Ralph Norris CHIEF EXECUTIVE OFFICER Commonwealth Bank of Australia ACN 123 123 124 Disclaimer The
More informationWILMAR INTERNATIONAL LIMITED 2Q2016 Results Briefing. August 11, 2016
WILMAR INTERNATIONAL LIMITED 2Q2016 Results Briefing August 11, 2016 IMPORTANT NOTICE Information in this presentation may contain projections and forward looking statements that reflect the Company s
More informationCautionary Statement
Financial Results for the three months ended June 30, 2017 INPEX CORPORATION August 4, 2017 Cautionary Statement This presentation includes forward looking information that reflects the plans and expectations
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 informationSri Trang Agro-Industry Public Company Limited
Sri Trang Agro-Industry Public Company Limited Management Discussion and Analysis, Q3 2013 14 th November 2013 STA : A World Leading Natural Rubber Player Financial result overview Our strategic plan to
More informationCUE ENERGY RESOURCES LIMITED ASX:CUE.
CUE ENERGY RESOURCES LIMITED ASX:CUE www.cuenrg.com.au Investor Presentation, May 2014 DISCLAIMER & IMPORTANT NOTICE Various statements in this document constitute statements relating to intentions, future
More informationMEGACHEM ACHIEVED RECORD SALES OF S$108.7 MILLION FOR FY2013
MEGACHEM ACHIEVED RECORD SALES OF S$108.7 MILLION FOR FY2013 - Sales increased by 2.3% to S$108.7 million driven mainly by growth in revenues from America and ASEAN market segments. - Recorded net profit
More informationCompany Update, 27 September 2013
Sep-12 Nov-12 Jan-13 Apr-13 May-13 Aug-13 Vol m Company Update, Buy (from Neutral) Industrial - Engineering & Construction Target Price: SGD3.49 Market Cap: USD2,797m Price: SGD3.13 Acquires Singapore
More informationNeutral. Decent Dividend Yield. Industrial - Engineering & Construction Target Price: SGD3.01 Market Cap: USD2,876m Price: SGD3.22
May-12 Jul-12 Sep-12 Nov-12 Jan-13 Mar-13 Vol m Results Review, Neutral Industrial - Engineering & Construction Target Price: SGD3.01 Market Cap: USD2,876m Price: SGD3.22 Decent Dividend Yield Macro Risks
More informationINTERIM RESULTS 2009
AGENDA Overview & Operating Environment Performance Long Haul Airline Short Haul Airline Domestic Tasman & Pacific Islands Other businesses Strategy Financial Management Outlook 2 OVERVIEW Normalised earnings*
More informationKrisEnergy is listed on the Mainboard of Singapore Exchange Securities Trading Ltd. (ticker symbol SK3).
Corporate Brochure Established in 2009 by a management team with decades of experience and a proven track record, KrisEnergy Ltd. was borne from a vision to build a sustainable and best-in-class upstream
More informationRIU Good Oil Conference
Ian Davies, Managing Director and CEO Perth, 3 September 2015 Agenda Senex overview Market opportunity Oil and gas business Key takeaways 2 Senex overview We are a growth focused oil and gas exploration
More information4Q 2016 Earnings Release
SK innovation 4Q 2016 Earnings Release 2017. 2. 3 Disclaimer This presentation contains forward-looking statements with respect to financial conditions, results of operations and business of SK Innovation,
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 informationGAIL India NEUTRAL. Performance Highlights CMP. `363 Target Price - 2QFY2013 Result Update Oil & Gas. Investment Period -
2QFY2013 Result Update Oil & Gas October 26, 2012 GAIL India Performance Highlights Quarterly highlights (Standalone) Y/E March (` cr) 2QFY2013 2QFY2012 % chg (yoy) 1QFY2013 % chg (qoq) Net sales 11,361
More information(Registration no C) (Registration no C) Financial Results. (unaudited) 11 November 2009
3 rd Quarter and 9-Month 9 2009 Financial Results (unaudited) 11 November 2009 1 Important note on forward looking statements The presentation herein may contain forward looking statements by the management
More informationSri Trang Agro-Industry Public Company Limited
Sri Trang Agro-Industry Public Company Limited Management Discussion and Analysis, Q1 2017 12 th May 2017 STA : The World s Leading Natural Rubber Player Financial result overview In Q1 2017, Natural rubber
More informationDISCOVERING HIDDEN VALUE
DISCOVERING HIDDEN VALUE The initial public offering of the Company was sponsored by CLSA Singapore Pte Ltd and Merrill Lynch (Singapore) Pte. Ltd. (the Joint Issue Managers, Global Coordinators, Bookrunners
More informationAlberta's Economic Outlook
Alberta's Economic Outlook Catherine Rothrock Chief Economist & Executive Director Alberta Treasury Board and Finance December 6, 218 Solid growth in second year of recovery, differentials weigh on 219
More informationFY2017 Investor Forum. 1 March 2018
FY2017 Investor Forum 1 March 2018 Operational Update KrisEnergy: Year in Review In 2017, KrisEnergy: Undertook debt financial restructuring Took steps to increase production De-risked the portfolio High-graded
More informationNew Zealand Oil & Gas Activities Report
Quarter ended 31 MARCH 2018 New Zealand Oil & Gas Activities Report NEWS New Zealand Oil & Gas farms in to 25% of Kohatukai - onshore well due Q4 2018 Indonesia: Well due 2018. Sale of production sharing
More informationIndonesia: The Paus Biru -1 exploration well commenced operations subsequent to the Quarter end on 18 October 2018.
Quarterly Report Q1 FY19 September 2018 SUMMARY OF ACTIVITIES Highlights $3.9 million net cashflow for the quarter, increasing cash to $20.86m Paus Biru -1 Exploration well commenced operations WA-359-P
More informationFinancial Results for the Quarter / Year Ended 31 Mar April 2012
Financial Results for the Quarter / Year Ended 31 Mar 2012 19 April 2012 Disclaimer This Presentation is focused on comparing results for the three months ended 31 Mar 2012 versus results achieved in the
More informationOIL AND GAS INDUSTRY MULTIPLIER EFFECT
OIL AND GAS INDUSTRY MULTIPLIER EFFECT Upstream oil and gas sector has a multiplier effect on the growth of the national economy, ranging from the use of local products to transactions through national
More informationUnited Energy(HK.0467)
Substantial Growth on Performance, Buy Rating for the First Time Bloomberg Reuters POEMS 0467 HK 0467.HK 0467.HK Industry: Oil & Gas Annual report review Rating: Buy Closing price:1.2 Target price:1.92
More informationPresentation to Investors. Hong Kong 5-6 March 2018
Presentation to Investors Hong Kong 5-6 March 2018 1 Disclaimer This presentation may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to
More information4 th Quarter 2015 Financial Results
4 th Quarter 2015 Financial Results 23 rd February 2016 Disclaimer The presentation is prepared by Super Group Ltd ( Super or the Group ) and is solely for the purpose of corporate communication and general
More informationPositioned for Growth APPEA 2016 Conference and Exhibition June 2016
For personal use only Positioned for Growth APPEA 2016 Conference and Exhibition June 2016 Compliance statements Disclaimer This presentation contains forward looking statements that are subject to risk
More informationReport to Shareholders Driving. a Difference
Report to Shareholders 2008 Driving a Difference Contents 1 Group Financial Highlights 2 Chairman s Statement 6 Driving a Difference 12 Key Figures 13 Group Strategic Directions 14 Group at a Glance 16
More informationInvestor Presentation. December 2013
Investor Presentation December 2013 24.02.2014 Table of Contents 1. Thai economy 2. Strengthening bank and client base 3. BBL s financial results Thai economy in 2014-2015 Thailand is facing short-term
More informationFrequently Asked Questions
th Frequently Asked Questions DEVELOPMENT & TECHNICAL Q: What is the estimated recoverable petroleum for the first platform and for the whole of Cambodia Block A? A: See section Resources & Development
More informationprojects, the number of projects that achieved initial recognition, the design of the rig building projects.
Company Registration Number: 196398Z PRESS RELEASE 2 NET PROFIT AT $143 MILLION Singapore, August 2, 2: Sembcorp Marine achieved a net profit of $143 million for 2. This was 5% lower as compared with $15
More informationROYAL DUTCH SHELL PLC
ROYAL DUTCH SHELL PLC THIRD QUARTER 212 RESULTS THE HAGUE NOVEMBER 1, 212 Copyright of Royal Dutch Shell plc 1 November, 212 1 ROYAL DUTCH SHELL PLC THIRD QUARTER 212 RESULTS SIMON HENRY CHIEF FINANCIAL
More informationFBD Holdings plc Results. March Our Policy is You
FBD Holdings plc 2013 Results March 2014 1 Our Policy is You 2013 Results Forward Looking Statements This presentation contains certain forward-looking statements. Actual results may differ materially
More informationOCEANUS GROUP LIMITED Corporate Presentation 12 October 2017
OCEANUS GROUP LIMITED Corporate Presentation 12 October 2017 STRATEGIC OVERVIEW 1 2016 2015 2017 Oceanus Group Limited 12/10/2017 3 Cost Cutting Clean Up Operations Consolidation 4 2 Stronger Balance Sheet
More informationBREADTALK GROUP LIMITED. Financial Statement and Dividend Announcement For The Year Ended 31 December 2008
BREADTALK GROUP LIMITED Financial Statement and Dividend Announcement For The Year Ended 31 December 2008 PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 & Q3), HALF-YEAR AND FULL
More information1. Macroeconomic Highlights
1. Macroeconomic Highlights ht Macroeconomic Highlights Resilient growth over the last 2 years, despite the global economic slowdown Banking industry robust with high level of CAR and low NPLN. In 2008
More informationKEPPEL CORPORATION LIMITED
KEPPEL CORPORATION LIMITED Co. Reg. No. 196800351N (Incorporated in the Republic of Singapore) FIRST QUARTER 2006 FINANCIAL STATEMENT TABLE OF CONTENTS Item No Description Page EXECUTIVE CHAIRMAN S REMARKS
More informationSchroder Asian Income Monthly Fund Update
Schroder Asian Income Monthly Fund Update Fund Performance As at 30 September 2014, SGD 1 month Year to date Since launch* Schroder Asian Income Fund (Bid-Bid) (%) -1.7 8.4 35.2 Schroder Asian Income Fund
More informationFINANCIAL / CORPORATE INFORMATION
FINANCIAL / 7 CORPORATE INFORMATION Message from the Senior Vice President, Finance & Accounting Division I would like to take this opportunity to provide an overview of the Group s business results highlights
More informationAsia s strongest brand in banking, banking the world s strongest economies
Credit Suisse Investor Conference Peter Wong, Chief Executive, HSBC Asia-Pacific Asia s strongest brand in banking, banking the world s strongest economies 21 March 2011 www.hsbc.com Forward-looking statements
More informationBuy (Maintained) Above Expectations. Technology - Software & Services Target Price: SGD1.00 Market Cap: USD1,540m Price: SGD0.86
May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 Vol m Results Review, Buy (Maintained) Technology - Software & Services Target Price: SGD1.00 Market Cap: USD1,540m Price: SGD0.86 Above Expectations Macro Risks
More informationFOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE ANNOUNCEMENT MANDATORY CONDITIONAL CASH OFFER BY PETROCHINA INTERNATIONAL (SINGAPORE) PTE. LTD. FOR SINGAPORE PETROLEUM COMPANY LIMITED 1. INTRODUCTION 1.1 The Board of Directors
More information9 Months 2008 Results Announcement. 23 October Scope of Briefing. Address by Executive Chairman. Group Financial Highlights
9 Months 2008 Results Announcement 23 October 2008 1 Scope of Briefing Address by Executive Chairman Group Financial Highlights Business Review & Outlook 2 1 Address By Executive Chairman 3 Sturdy Performance
More informationWILMAR INTERNATIONAL LIMITED 4Q2016 Results Briefing. Feb 20, 2017
WILMAR INTERNATIONAL LIMITED 4Q2016 Results Briefing Feb 20, 2017 IMPORTANT NOTICE Information in this presentation may contain projections and forward looking statements that reflect the Company s current
More informationKrisEnergy Ltd. FY2017 financial and operational update Average realised oil price rises 59.0% to US$49.26/bbl
. KrisEnergy Ltd. FY2017 financial and operational update Average realised oil price rises 59.0% to US$49.26/bbl Net cash flow from operations US$23.1 million Gross margin improves to the best level since
More informationAttached please find Cue Energy Resources Limited s release with respect to the above mentioned.
ABN 45 066 383 971 26 August 2014 PAGES (including this page):17 Company Announcements Office 10th Floor 20 Bond Street Sydney NSW 2000 FULL YEAR PRELIMINARY FINANCIAL REPORT FOR THE FINANCIAL YEAR ENDED
More informationCNOOC LIMITED 中国海洋石油有限公司 Mid-Year Review Analyst Briefing
CNOOC LIMITED 中国海洋石油有限公司 2009 Mid-Year Review Analyst Briefing August 26, 2009 This presentation includes forward-looking statements within the meaning of the United States Private Securities Litigation
More informationCHEVRON REPORTS THIRD QUARTER NET INCOME OF $3.77 BILLION, DOWN FROM $3.83 BILLION IN THIRD QUARTER 2009
Policy, Government and Public Affairs Chevron Corporation P.O. Box 6078 San Ramon, CA 94583-0778 www.chevron.com FOR RELEASE AT 5:30 AM PDT OCTOBER 29, 2010 CHEVRON REPORTS THIRD QUARTER NET INCOME OF
More informationRAMBA S SHAREHOLDER & INVESTOR DIALOGUE 2016 AT THE CUSP OF A NEW MOMENTUM
RAMBA S SHAREHOLDER & INVESTOR DIALOGUE 2016 AT THE CUSP OF A NEW MOMENTUM Agenda David Soeryadjaya, CEO Ramba Energy Overview Overall Strategy Recent Developments Oil & Gas Review The Way Forward 2 Ramba
More informationBHARAT FORGE LIMITED RESEARCH
EQUITY September 05, 2008 RESULTS REVIEW Share Data Market Cap Rs. 56 bn Price Rs. 250.45 BSE Sensex 14,483.83 Reuters Bloomberg Avg. Volume (52 Week) BFRG.BO BHFC IN 0.1 mn 52-Week High/Low Rs. 389.75/215.05
More informationMAPLETREE LOGISTICS TRUST S QUARTERLY DISTRIBUTION PER UNIT RISES 10% YEAR-ON-YEAR
For Immediate Release MAPLETREE LOGISTICS TRUST S QUARTERLY DISTRIBUTION PER UNIT RISES 10% YEAR-ON-YEAR Highlights: Distribution Per Unit ( DPU ) of 1.70 cents for the 3 months ended 31 March 2012 Portfolio
More informationMapletree Logistics Trust s 2Q FY17/18 Distribution per Unit Grows 1.5% Year-on-Year
For Immediate Release Mapletree Logistics Trust s 2Q FY17/18 Distribution per Unit Grows 1.5% Year-on-Year Amount distributable to Unitholders increased 3.5% year-on-year to S$48.2 million Continuing,
More informationEvergreen Fibreboard
PP10551/09/2011(028936) 09 November 2010 The Research Team +60 (3) 9207 7663 Research2 @my.oskgroup.com Company Update Evergreen Fibreboard MALAYSIA EQUITY Investment Research Daily Softer Second Half
More informationIndonesia: Building on Resilience and Prospering Amid Global Economic Uncertainty
Indonesia: Building on Resilience and Prospering Amid Global Economic Uncertainty 2016 Article IV Consultation Report on Indonesia John G. Nelmes IMF Senior Resident Representative for Indonesia Academic
More informationPresentation of Consolidated Financial Results for the Six Months Ended September 30, 2009
Note: The following report is an English translation of the Japanese-language original. Presentation of Consolidated Financial Results for the Six Months Ended September 30, 2009 November 9, 2009 Japan
More information3. Equity markets. (Chart 16) Global equity prices. (Chart 17) US equity market and crude oil price. (Chart 18) Equity prices of China-related sectors
. Equity markets Stock prices rose toward early March, but similar to the JGB markets, reflecting a more cautious outlook on the pace of economic recovery, had limited upward strength thereafter. The Nikkei
More informationBP SECRET. 2Q 2017 Results. 1 August 2017
BP SECRET 2Q 2017 Results 1 August 2017 BP 2Q 2017 RESULTS Jess Mitchell Group Head of Investor Relations Cautionary statement Forward-looking statements - cautionary statement In order to utilize the
More informationMEDCOENERGI. Analyst Briefing. PT Medco Energi Internasional Tbk. Energy Company of Choice. November 3, 2006
MEDCOENERGI Analyst Briefing PT Medco Energi Internasional Tbk. November 3, 2006 www.medcoenergi.com Energy Company of Choice 1. Highlights 2. Operations Update 2 9M 2006 Operations Highlight OPERATION
More informationSEMBCORP MARINE POSTS 1H 2015 NET PROFIT OF $215 MILLION
Company Registration Number: 196300098Z PRESS RELEASE SEMBCORP MARINE POSTS 1H 2015 NET PROFIT OF $215 MILLION Key highlights: Group Revenue decreased 6% year-on-year to $2.51 billion in 1H 2015. 1H2015
More information23,315 PRICE: HK$3.55 EARNINGS
Recommendation: BUY TP: HK$4.87(+37.2%) Comba Telecom Systems Holdings Limited (2342.HK) 06 October 2014 SECTOR: Telecom Equipment HSI: 23,315 PRICE: HK$3.55 EARNINGS (reported in HK$m) KEY DATA For the
More informationFor personal use only
ASX RELEASE ACTIVITIES FOR QUARTER ENDED 30 JUNE 2011 CEO Comments Production in 2Q 2011 declined by 1% compared to the previous quarter; the resumption of normal operations at Cliff Head following resolution
More informationThird Quarter 2018 Earnings Conference Call. August 7, 2018
Third Quarter 2018 Earnings Conference Call August 7, 2018 1 Safe Harbor Statement Our commentary and responses to your questions may contain forward-looking statements, including our outlook for the remainder
More informationMAPLETREE LOGISTICS TRUST S 4Q FY17/18 DISTRIBUTION PER UNIT RISES 4% TO CENTS
For Immediate Release MAPLETREE LOGISTICS TRUST S 4Q FY17/18 DISTRIBUTION PER UNIT RISES 4% TO 1.937 CENTS Highlights: 4Q FY17/18 amount distributable to Unitholders grew 27% year-on-year to S$59.2 million
More informationCue Energy Resources Limited A.B.N
Cue Energy Resources Limited A.B.N. 45 066 383 971 Level 21 114 William Street Melbourne Victoria 3000 Australia Telephone: (03) 9670 8668 Facsimile: (03) 9670 8661 Email: mail@cuenrg.com.au Website: www.cuenrg.com.au
More informationMarket Access. Company Update. M&A Securities. UMW Oil and Gas Corporation Bhd. Awards for NAGA 7 SELL (TP: RM0.90)
M&A Securities Company Update PP14767/9/212(3761) Friday, October 3, 215 UMW Oil and Gas Corporation Bhd Awards for NAGA 7 SELL (TP: RM.9) Current Price (RM) New Target Price (RM) Previous Target Price
More informationPareto Securities Oil and offshore Conference Oslo, September 2014 Presented by Atle Jacobsen (CEO)
Pareto Securities Oil and offshore Conference Oslo, 10-11 September 2014 Presented by Atle Jacobsen (CEO) Disclaimer This presentation includes and is based, inter alia, on forward-looking information
More informationLatin American E&P Outlook
Latin American E&P Outlook Society of Petroleum Engineers April 20, 2017 www.stratasadvisors.com UPSTREAM MIDSTREAM DOWNSTREAM FUEL & TRANSPORT Who We Are Stratas Advisors is a global consulting and advisory
More informationChina Oilfield Services Limited. May 2009
China Oilfield Services Limited May 2009 0 Disclaimer The information contained in our presentation is intended solely for your personal reference. In addition, such information contains projections and
More informationRecommendation: BUY. CIMC Enric Holdings Ltd. (3899.HK) 18 August 2014 TP: HK$14.2 (+42.7%) SECTION 1 RESULTS BRIEFING SECTION 2 COMPANY BACKGROUND
Recommendation: BUY TP: HK$14.2 (+42.7%) CIMC Enric Holdings Ltd. (3899.HK) 18 August 2014 SECTOR: Oil & Gas equipment HSI: 24,955.46 PRICE: HK$9.95 EARNINGS (reported in RMBm) KEY DATA For the fiscal
More informationNeutral (Maintained) Vard Holdings (VARD SP) Wait And See
Apr-13 Jun-13 Aug-13 Oct-13 Dec-13 Mar-14 Vol m Results Review, Vard Holdings (VARD SP) Neutral (Maintained) Energy & Petrochemicals - Oil & Gas Services Target Price: SGD1.00 Market Cap: USD930m Price:
More informationHKU Announced 2013 Q3 HK Macroeconomic Forecast
COMMUNICATIONS & PUBLIC AFFAIRS OFFICE THE UNIVERSITY OF HONG KONG Enquiry: 2859 1106 Website: http://www.hku.hk/cpao For Immediate Release HKU Announced 2013 Q3 HK Macroeconomic Forecast Hong Kong Economic
More informationA Path Towards Improved Profitability
A Path Towards Improved Profitability Jaime del Rio Head of Investor Relations Bonds, Loans and Derivatives Mexico City February 6, 2018 Content 1 2 Lower Oil Prices: How has PEMEX Adapted its Corporate
More informationLuk Fook (590 HK) Hold (downgraded) Target price: HK$ HFY18 results beat, but downgrade from Accumulate to Hold on rich valuation
Equity Research Consumer Discretionary Luk Fook (590 HK) Hold (downgraded) Target price: HK$34.80 Albert Yip, CFA SFC CE No. ADT599 albertyip@gfgroup.com.hk +852 3719 1010 GF Securities (Hong Kong) Brokerage
More informationFY12 Results 22 May 2012
FY12 Results 22 May 2012 DISCLAIMER --- Important Notice This presentation has been prepared by Thorn Group Limited (Thorn). This presentation is not a financial product or investment advice or recommendation,
More informationNo Boundaries Only Possibilities
No Boundaries Only Possibilities 1 MegaChem Limited Results Presentation Half Year Ended 30 June 2010 2 Industry Overview Value and Profitability Industry Positioning Specialty Chemicals Commodity Chemicals
More informationTechnical Action 28 May 2008
Technical Action 28 May 2008 CNOOC (883.HK) Time to Take Profit Based on our technical analysis, we recommend investors to take profit in CNOOC, following its strong rally over the past two months. CNOOC
More informationPHOENIX ENERGY MARKETING CONSULTANTS INC. HISTORICAL NATURAL GAS & CRUDE OIL PRICES UPDATED TO July, 2018
Jan-01 $12.9112 $10.4754 $9.7870 $1.5032 $29.2595 $275.39 $43.78 $159.32 $25.33 Feb-01 $10.4670 $7.8378 $6.9397 $1.5218 $29.6447 $279.78 $44.48 $165.68 $26.34 Mar-01 $7.6303 $7.3271 $5.0903 $1.5585 $27.2714
More information(Unaudited translation of Kessan Tanshin, provided for reference only) January 31, 2019 Financial Highlights: The Third Quarter Ended December 31, 201
Financial Highlights: The Third Quarter Ended December 31, 2018 1. Consolidated Financial Highlights ( from April 1, 2018 to December 31, 2018 ) (All financial information has been prepared in accordance
More informationOphir Energy plc ( Ophir or the Company ) Proposed Acquisition of a package of Southeast Asian assets from Santos
3 May 2018 Ophir Energy plc ( Ophir or the Company ) Proposed Acquisition of a package of Southeast Asian assets from Santos Ophir has agreed to acquire a package of Southeast Asian assets from Santos
More information