J.P. MORGAN ENERGY CONFERENCE. June 18, 2018
|
|
- Clyde McGee
- 5 years ago
- Views:
Transcription
1 J.P. MORGAN ENERGY CONFERENCE June 18, 2018
2 WPX Today MARKET SNAPSHOT 1 NYSE SYMBOL: WPX MARKET CAP: $7.4B ENTERPRISE VALUE: $9.7B PRODUCTION (1Q): MBOE/D OIL GROWTH Y/Y 5 : 49% WILLISTON DELAWARE HEADQUARTERS TULSA, OK DELAWARE BASIN WILLISTON BASIN MIDSTREAM ASSETS 6,600+ gross locations 3,4 ~465 gross locations 4 ~131,000 net acres 2 ~85,000 net acres 2 Delaware JV - gas processing/oil gathering 100% owned water and gas gathering Takeaway optionality and equity ownership 1. As of May 16, As of YE Primarily based on 1-mile laterals and does not include Taylor Ranch locations. 4. Includes non-op and operated locations. 5. Full-year 2017 vs. midpoint of 2018 guidance 2
3 Crude Takeaway - Access to Premium Markets MAY-DEC 2018 Unhedged 2% CUSHING Firm Midland Sales Hedged 2 27% Brent 39% ORYX II MIDLAND HOUSTON Cushing-WTI 10% Gulf Coast 1 22% CORPUS CHRISTI BRENT Unhedged 7% FY 2019 Less than 5% exposed to Midland spot pricing in %-10% exposed to Midland spot pricing in Brent, Gulf Coast, and WTI exposure consists of firm transport and firm sales commitments on BridgeTex, Cactus, and Basin pipelines. Cushing-WTI 11% Firm Midland Sales Hedged 2 31% Brent 31% Gulf Coast 1 20% 1. Gulf Coast pricing includes LLS and Magellan East Houston 2. Midland basis ($0.83) for 2018 and ($0.93) for
4 Gas Takeaway Creates Flow Assurance MAY-DEC 2018 Houston Ship Channel 59% Firm Sales/Hedge Volumes 41% STATELINE ACREAGE WAHA ATMOS AGREEMENT UP TO 200,000 MMBTU/D FROM WAHA TO KATY, TX HOUSTON SHIP CHANNEL FY 2019 WHITEWATER UP TO 500,000 MMBTU/D FROM STATELINE TO WAHA HENRY HUB Houston Ship Channel 69% Firm Sales/Hedge Volumes 31% 4
5 A Step Ahead: Supply Chain Management HHP 3 crews locked in at negotiated rates Built in flexibility & stability MITIGATING RISKS THROUGH SUPPLY CHAIN SAND 12 portable sand silos (5MM LBS) Loving, NM sand silo (36MM LBS) Long term contracts in place Local mine access RIGS Combination of long-term & shortterm contracts with multiple providers provides flexibility WATER By YE18, WPX will use 50% recycled water in our frac operations 5
6 2018 Delaware Basin 400 CBR 6-7 PAD SHIFTING TO LONG LATERALS 400 LINDSAY PAD 300 EDDY LEA 200 NM CUM MBOE CUM MBOE TX LOVING 100 CULBERSON REEVES Normalized Days on Production Normalized Days on Production ~80% of drilling program focused on WC X/Y and WCA Running 7 rigs & 3 frac crews Average lateral: ~7,500 ~70% of Wolfcamp set up for extended lateral development Well Costs1 1. Assumes upper and lower Wolfcamp A wells mile: $7.0MM 1.5-mile: $8.7MM 2-mile: $10.3MM 6
7 CUM MBOE 2018 Williston Basin NORTH SUNDAY ISLAND MOUNTRAIL ARIKARA PAD EARLY TIME PERFORMANCE DUNN Normalized Days on Production Mandan North & Hidasta North Produced 685,000+ BOE in 180 days (81% oil) Arikara pad results Pad produced 329,000+ barrels of oil after 30 days 30-day IP: 75,380 BOE (Arikara 15-22HD) 24hr-IP: 3,146 BOE/D (Pad Average) Mandan North 13-24HA (4-well pad) Best 24hr-IP: 5,172 BOE/D (81% oil) Added 3rd rig in April Well costs: ~$6.3MM Full-time frac and wireline crew Normalized Days on Production 7
8 Portfolio Transformation Driving High Margins Unhedged EBITDAX per BOE $28 Unhedged Adjusted EBITDAX Per BOE Shifting Commodity Mix $26 $24 $22 $20 69% MARGIN INCREASE Q 17 to 1Q 18 Excluding San Juan WTI Increased ~20% during this period 69% liquids with SJ 80% liquids WITHOUT SJ $18 $16 $14 NG 31% NGL 13% Oil 56% NGL 13% NG 20% Oil 67% $12 1Q17 2Q17 3Q17 4Q17 1Q18 Unhedged Adj. EBITDAX per BOE With San Juan 2017 Commodity Mix Including San Juan 2017 Commodity Mix Excluding San Juan Unhedged Adj. EBITDAX per BOE Without San Juan 8
9 WPX: Positioned for Long-Term Value Creation FINANCIAL STRENGTH LEVERAGE OF 1.5X DURING 2019 OIL FOCUSED 150 MBBL/D DURING 2022 MIDSTREAM OPTIONALITY VALUE CREATION/FLOW ASSURANCE DEEP INVENTORY OF HIGH RETURNS 9
10 APPENDIX
11 WPX Delaware Midstream Infrastructure Overview ASSETS INCLUDED IN JV Crude Gathering System: ~125,000 Bbl/d Gas Processing Facility: 400 MMcf/d First 200 MMcf/d train complete mid-year 2018 RETAINED BY WPX WATER SYSTEM GAS GATHERING EDDY ACREAGE DEDICATION 50,000 ACRES No drilling or volume commitment JV AGREEMENT GAS PROCESSING PLANT CRUDE GATHERING ASSETS WHOLLY OWNED BY WPX Stateline Gas & Water Gathering Systems: ~200,000 Bbl/d of water disposal capacity 150 MMcf/d of gas compression capacity ~81,000 Net Acres Outside Stateline Dedication WPX retains all existing midstream rights in other areas NM TX CULBERSON LOVING LEA WARD ORYX II UP TO 100,000 BBL/D FROM STATELINE TO MIDLAND & CRANE SIGNED TAKEAWAY AGREEMENTS Atmos Waha Takeaway Agreement Up to 200,000 MMBtu/d from Waha to Katy, TX WhiteWater Midstream Agreement Up to 500,000 MMBtu/d from Stateline to Waha In-service 20% equity ownership Oryx II Crude Takeaway Agreement 100,000 Bbl/d capacity 12.5% equity ownership with option to increase to 25% WHITEWATER UP TO 500,000 MMBTU/D FROM STATELINE TO WAHA REEVES PECOS WAHA ATMOS AGREEMENT UP TO 200,000 MMBTU/D FROM WAHA TO KATY, TX
SCOTIA HOWARD WEIL ENERGY CONFERENCE RICK MUNCRIEF, CHAIRMAN & CEO MARCH 26-27, 2018
SCOTIA HOWARD WEIL ENERGY CONFERENCE RICK MUNCRIEF, CHAIRMAN & CEO MARCH 26-27, 218 WPX Today MARKET SNAPSHOT 1 NYSE SYMBOL: WPX MARKET CAP: $5.6B ENTERPRISE VALUE: $8.2B SHARE COUNT: 398MM WILLISTON DELAWARE
More informationFIRST-QUARTER 2018 EARNINGS CALL MAY 3, 2018
FIRST-QUARTER 2018 EARNINGS CALL MAY 3, 2018 WPX Today MARKET SNAPSHOT 1 NYSE SYMBOL: WPX MARKET CAP: $6.8B ENTERPRISE VALUE: $9.1B SHARE COUNT: 400MM WILLISTON DELAWARE HEADQUARTERS TULSA, OK DELAWARE
More informationFOURTH QUARTER 2017 EARNINGS CALL FEBRUARY 22, 2018
FOURTH QUARTER 2017 EARNINGS CALL FEBRUARY 22, 2018 Recent Highlights OPERATIONAL Oil grew 68% 1 Set well productivity records in the Williston 2 Strong long-lateral results in the Delaware FINANCIAL Unhedged
More informationSECOND-QUARTER 2018 EARNINGS CALL AUGUST 2, 2018
SECOND-QUARTER 2018 EARNINGS CALL AUGUST 2, 2018 WPX Today 2Q 2018 80.8 MBBL/D OIL PRODUCTION (MBBL/D) 1 3Q 2015 23.5 MBBL/D 81-1 2 3 STRONG EXECUTION CREATING OPPORTUNITIES REMAINING DISCIPLINED IN BOTH
More informationENERCOM-THE OIL & GAS CONFERENCE AUGUST 21, 2018
ENERCOM-THE OIL & GAS CONFERENCE AUGUST 21, 2018 WPX Today MARKET SNAPSHOT NYSE SYMBOL: WPX MARKET CAP 1 : $7.3B ENTERPRISE VALUE 1 : ~$9.6B PRODUCTION (): 125 MBOE/D OIL GROWTH Y/Y 5 : 54% WILLISTON DELAWARE
More information24 th Annual Energy Summit. Credit Suisse CLAY GASPAR, PRESIDENT & COO FEBRUARY 11, 2019
24 th Annual Energy Summit Credit Suisse CLAY GASPAR, PRESIDENT & COO FEBRUARY 11, 2019 3Q Highlights DELIVERING RESULTS OIL STRONG OIL PRICE REALIZATIONS Delaware average realized price: 98% of WTI 1
More informationTHIRD-QUARTER EARNINGS CALL NOVEMBER 1, 2018
THIRD-QUARTER EARNINGS CALL NOVEMBER 1, 2018 3Q Highlights DELIVERING RESULTS OIL STRONG OIL PRICE REALIZATIONS Delaware average realized price: 98% of WTI 1 3 rd BONE SPRING COMPARABLE TO WCA Increases
More informationScotia Howard Weil 2017 Energy Conference. Rick Muncrief, Chairman & CEO March 27, 2017
Scotia Howard Weil 2017 Energy Conference Rick Muncrief, Chairman & CEO March 27, 2017 WPX s Portfolio PRODUCT MIX DELAWARE WELL ECONOMICS Flat $54.09 Oil and $2.91 Gas 1 16% NGL 30% GAS DELAWARE LONG
More information1Q 2017 Investor Update. Rick Muncrief, Chairman and Chief Executive Officer May 4, 2017
1Q 2017 Investor Update Rick Muncrief, Chairman and Chief Executive Officer May 4, 2017 Foundation in Place for Enhancing and Accelerating Value POSITIONED PRUDENT WILLISTON BASIN FLEXIBLE SAN JUAN BASIN
More informationRICK MUNCRIEF, CHAIRMAN & CEO FEBRUARY 21, 2019 NYSE: WPX
RICK MUNCRIEF, CHAIRMAN & CEO FEBRUARY 21, 2019 NYSE: WPX 2018: A Pivotal Year of Progress W I L L I S T O N P E R M I A N FOCUSED PORTFOLIO Sold San Juan Gallup in 2018 to become a premier operator in
More informationJ.P. Morgan 2017 Energy Equity Conference. Clay Gaspar, Chief Operating Officer June 26, 2017
J.P. Morgan 2017 Energy Equity Conference Clay Gaspar, Chief Operating Officer June 26, 2017 WPX Positioned for Success in 2017 and Beyond STRATEGIC ACTIONS TAKEN: High-graded portfolio Locked in strong
More information2016 Year-End Results. Rick Muncrief, Chairman & CEO February 23, 2017
2016 Year-End Results Rick Muncrief, Chairman & CEO February 23, 2017 WPX 4Q Highlights Record oil production, up 15% vs. 3Q 16 Delaware: Third Wolfcamp D and second X/Y delineation wells online Delaware:
More informationCONFERENCE. C A P I T A L O N E S E C U R I T I E S 1 3 th A N N U A L E N E R G Y
C A P I T A L O N E S E C U R I T I E S 1 3 th A N N U A L E N E R G Y CONFERENCE C L A Y G A S P A R, P R E S I D E N T & C O O D E C E M B E R 6, 2 0 1 8 3Q Highlights D E L I V E R I N G R E S U L T
More information3Q 2017 Investor Update. Rick Muncrief, Chairman and CEO Nov. 2, 2017
3Q 2017 Investor Update Rick Muncrief, Chairman and CEO Nov. 2, 2017 Recent Highlights Raising 2017 oil growth guidance from 40% to 45% year-over-year Current oil production averaging 75,000 BBL/D Increasing
More information3Q 2016 Investor Update
3Q 2016 Investor Update Rick Muncrief, President and CEO November 3, 2016 WPX 3Q Highlights Completed 1st Wolfcamp D and X/Y wells Commenced Upper/Lower Wolfcamp A density test Closed on additional attractive
More informationEnercom-The Oil and Gas Conference. Clay Gaspar, Chief Operating Officer August 15, 2017
Enercom-The Oil and Gas Conference Clay Gaspar, Chief Operating Officer August 15, 2017 1 Continuing to Execute OPERATIONAL Increasing 2017 annual oil growth guidance from 30% to 40% 3 rd Bone Spring well
More informationEnerCom Dallas Rick Muncrief, Chairman & CEO March 1, 2017
EnerCom Dallas 2017 Rick Muncrief, Chairman & CEO March 1, 2017 Bias for Action (MAY 2014 MAY 2016) WE BUILT A BRAND NEW COMPANY 2 WPX s Portfolio PRODUCT MIX DELAWARE WELL ECONOMICS Flat $54.09 Oil and
More information2018 GLOBAL INDUSTRIAL CONFERENCE NOVEMBER 6, 2018
2018 GLOBAL INDUSTRIAL CONFERENCE NOVEMBER 6, 2018 3Q Highlights DELIVERING RESULTS OIL STRONG OIL PRICE REALIZATIONS Delaware average realized price: 98% of WTI 1 3 rd BONE SPRING COMPARABLE TO WCA Increases
More informationCore Oil Delaware Basin Pure-Play. Third Quarter 2018 Earnings Presentation. November 5, 2018
Core Oil Delaware Basin Pure-Play Third Quarter 2018 Earnings Presentation November 5, 2018 Important Information Forward-Looking Statements The information in this presentation includes forward-looking
More informationJ.P. Morgan Energy Equity Conference
J.P. Morgan Energy Equity Conference Rick Muncrief, President and CEO June 27 th, 2016 Recent Highlights COMPLETED $540MM EQUITY RAISE ~$1.2B IN COMPLETED ASSETS SALES STRONG BALANCE SHEET PROVIDES OPTIONALITY
More information1 st Quarter 2016 Earnings Call
1 st Quarter 2016 Earnings Call Rick Muncrief, President and CEO May 5, 2016 Recent Highlights CLOSED SAN JUAN MIDSTREAM SALE CLOSED PICEANCE SALE AMENDED CREDIT FACILITY ~$1.2B IN COMPLETED ASSETS SALES
More informationScotia Howard Weil Energy Conference
Scotia Howard Weil Energy Conference Rick Muncrief, President and CEO March 2-22, 206 Premier Asset Portfolio Coming Into Focus 2 WPX Profile: World-Class Delaware Position WPX TODAY World-Class Delaware
More informationEnerCom- The Oil & Gas Conference
EnerCom- The Oil & Gas Conference Clay Gaspar, Chief Operating Officer August 16, 2016 WPX Highlights 2Q ACTION ITEMS COMPLETED $538MM EQUITY OFFERING WILLISTON BASIN ACQUIRED 7,800 NET ACRES IN DELAWARE
More informationDelaware Basin Panther Energy Acquisition. January 12, 2017
Delaware Basin Panther Energy Acquisition January 12, 2017 Expanding WPX s World-Class Delaware Position OVERVIEW 18,000+ acres in core of Delaware EDDY 920 gross locations, including 150+ long lateral
More information1Q 2018 Earnings Presentation May 8, 2018 CRZO
1Q 218 Earnings Presentation May 8, 218 Forward Looking Statements / Note Regarding Reserves This presentation contains statements concerning the Company s intentions, expectations, beliefs, projections,
More informationDiamondback Energy, Inc. Announces Second Quarter 2018 Financial and Operating Results and Announces Accretive Acquisition
Announces Second Quarter 2018 Financial and Operating Results and Announces Accretive Acquisition August 8, 2018 MIDLAND, Texas, Aug. 08, 2018 (GLOBE NEWSWIRE) -- (NASDAQ:FANG) ( Diamondback or the Company
More informationAbraxas Caprito 98 #201H; Ward Cty., TX
Abraxas Caprito 98 #201H; Ward Cty., TX Abraxas Petroleum Corporation August 2018 Forward-Looking Statements The information presented herein may contain predictions, estimates and other forward-looking
More informationSCOTIA HOWARD WEIL 47TH ANNUAL ENERGY CONFERENCE March 2019
SCOTIA HOWARD WEIL 47TH ANNUAL ENERGY CONFERENCE March 2019 Forward-looking Statements This presentation contains projections and other forward-looking statements within the meaning of Section 27A of the
More information4Q18 EARNINGS PRESENTATION. February 2019
4Q18 EARNINGS PRESENTATION February 2019 Forward-looking Statements This presentation contains projections and other forward-looking statements within the meaning of Section 27A of the U.S. Securities
More informationAbraxas Caprito 98 #201H; Ward Cty., TX
Abraxas Caprito 98 #201H; Ward Cty., TX Abraxas Petroleum Corporation September 2018 Forward Looking Statements The information presented herein may contain predictions,estimates and other forward looking
More information1 st QUARTER 2018 EARNINGS MAY 2, 2018
1 st QUARTER 2018 EARNINGS MAY 2, 2018 Important Disclosures Forward-Looking Statements This presentation contains projections and other forward-looking statements within the meaning of Section 27A of
More informationParsley Energy Overview
INVESTOR PRESENTATION September 2016 Parsley Energy Overview Investment Summary Premier Acreage Position (2) Leading growth profile Robust returns Strategic acquirer Strong financial position Abundant
More informationWPX Energy, Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest
More informationFourth Quarter 2018 Earnings & 2019 Guidance Call
Fourth Quarter 2018 Earnings & 2019 Guidance Call February 19, 2019 2 Forward Looking Statements This presentation contains certain forward-looking statements within the meaning of federal securities law.
More informationDiamondback Energy, Inc. Announces Fourth Quarter and Full Year 2018 Financial and Operating Results
Announces Fourth Quarter and Full Year 2018 Financial and Operating Results February 19, 2019 MIDLAND, Texas, Feb. 19, 2019 (GLOBE NEWSWIRE) -- (NASDAQ: FANG) ( Diamondback or the Company ) today announced
More informationCorporate Presentation February 26, 2015
Corporate Presentation February 26, 205 Forward-Looking / Cautionary Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 933 and
More informationBMO CAPITAL MARKETS 2018 GLOBAL ENERGY LEADERSHIP FORUM
BMO CAPITAL MARKETS 2018 GLOBAL ENERGY LEADERSHIP FORUM Carrizo Oil & Gas October 2-3, 2018 Forward Looking Statements / Note Regarding Reserves This presentation contains statements concerning the Company
More informationMAY UPDATE. May 2018
MAY UPDATE May 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 ("Securities Act"), Section 21E of the
More information4 TH QUARTER EARNINGS PRESENTATION FEBRUARY 27, 2018
4 TH QUARTER EARNINGS PRESENTATION FEBRUARY 27, 2018 Important Disclosures Forward-Looking Statements This presentation contains projections and other forward-looking statements within the meaning of Section
More informationAbraxas Petroleum. Corporate Update. May Raven Rig #1; McKenzie County, ND
Abraxas Petroleum Corporate Update May 2018 Raven Rig #1; McKenzie County, ND Forward-Looking Statements The information presented herein may contain predictions, estimates and other forward-looking statements
More informationInvestor Presentation
Investor Presentation February 2018 Important Disclosures Forward-Looking Statements This presentation contains projections and other forward-looking statements within the meaning of Section 27A of the
More informationParsley Energy Overview
INVESTOR PRESENTATION December 216 Parsley Energy Overview Poised to Outperform post-opec Faster production ramp Parsley Energy Leasehold Premier Acreage Position (1) Ongoing resource expansion Advantaged
More informationCiti 2017 Global Energy and Utilities Conference. Clay Gaspar, Chief Operating Officer May 11, 2017
Citi 2017 Global Energy and Utilities Conference Clay Gaspar, Chief Operating Officer May 11, 2017 1Q Highlights CONTINUING TO EXECUTE: Production growth on track Panther wells exceeding expectations Acquired
More informationInvestor Presentation HOWARD WEIL ENERGY CONFERENCE MARCH 2015
Investor Presentation HOWARD WEIL ENERGY CONFERENCE MARCH 2015 Forward-Looking Statements and Other Disclaimers This presentation contains forward-looking statements within the meaning of Section 27A of
More informationIPAA Oil & Gas Investment Symposium Presentation April 13, :35 p.m.
IPAA Oil & Gas Investment Symposium Presentation April 13, 2011 1:35 p.m. Overview of Operations Tulsa based company founded in 1963 with long history of operations in the Mid-Continent Ticker: UNT / NYSE
More informationInvestor Presentation
Investor Presentation August 2018 NYSE: MTDR Disclosure Statements Safe Harbor Statement This presentation and statements made by representatives of Matador Resources Company ( Matador or the Company )
More informationMMM. Permian Midstream Congress
MMM Permian Midstream Congress PennTex Assets Platforms PennTex North Louisiana Platform PennTex Permian Platform PennTex Midstream Partners, LP (NASDAQ: PTXP) owns and operates natural gas gathering and
More informationTHIRD-QUARTER 2018 FINANCIAL & OPERATIONAL SUPPLEMENT
THIRD-QUARTER 2018 FINANCIAL & OPERATIONAL SUPPLEMENT 1 NOTICE TO INVESTORS Certain statements in this earnings supplement contain "forward-looking statements" within the meaning of Section 27A of the
More informationThird Quarter Supplement November 2018
Third Quarter Supplement November 2018 3Q Key Highlights Strong operational performance and advancing shareholder return initiatives Record USO liquids volumes 172 MBbl/d led by Delaware and DJ Basin growth
More informationJP Morgan Energy Conference Dane Whitehead
JP Morgan Energy Conference Dane Whitehead Chief Financial Officer June 2, 218 Forward-Looking Statements and Other Matters This presentation (and oral statements made regarding the subjects of this presentation)
More informationPARSLEY ENERGY ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS; RAISES PRODUCTION GUIDANCE AND LOWERS UNIT COST ESTIMATES
NEWS RELEASE PARSLEY ENERGY ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS; RAISES PRODUCTION GUIDANCE AND LOWERS UNIT COST ESTIMATES AUSTIN, Texas, August 7, 2018 Parsley Energy, Inc. (NYSE:
More information3Q 2018 Earnings Presentation November 5, 2018 CRZO
3Q 2018 Earnings Presentation November 5, 2018 Forward Looking Statements / Note Regarding Reserves This presentation contains statements concerning the Company s intentions, expectations, projections,
More informationJP Morgan Energy Equity Conference. June 2017
JP Morgan Energy Equity Conference June 2017 NOBLE ENERGY INVESTMENT THESIS Best assets, best execution, best results Industry-leading Well Performance in Premier U.S. Onshore Basins 4.5 BBoe net unrisked
More informationACQUISITION OVERVIEW DELAWARE BASIN BOLT-ON ACQUISITION
ACQUISITION OVERVIEW DELAWARE BASIN BOLT-ON ACQUISITION Important Disclosures FORWARD-LOOKING STATEMENTS This presentation contains projections and other forward-looking statements within the meaning of
More informationANADARKO ANNOUNCES 2018 FIRST-QUARTER RESULTS. HOUSTON, May 1, 2018 Anadarko Petroleum Corporation (NYSE: APC) today announced 2018
NEWS ANADARKO ANNOUNCES 2018 FIRST-QUARTER RESULTS HOUSTON, May 1, 2018 (NYSE: APC) today announced 2018 first-quarter results, reporting net income attributable to common stockholders of $121 million,
More informationJefferies 8th Annual Energy Conference. Houston, TX November 28, 2018
Jefferies 8th Annual Energy Conference Houston, TX November 28, 2018 IMPORTANT DISCLOSURES FORWARD LOOKING STATEMENTS This presentation contains projections and other forward-looking statements within
More informationTrack record. BPX Energy. Dave Lawler CEO, BPX Energy. Brian Pugh COO, BPX Energy BP UPSTREAM INVESTOR DAY AND FIELDTRIP
BPX Energy Dave Lawler CEO, BPX Energy Brian Pugh COO, BPX Energy BPX Energy core values, mission, and strategy Core values Mission Strategy Safety and the environment Build a premier independent onshore
More informationRBC Capital Markets Global Energy & Power Conference. June 7, 2017
RBC Capital Markets Global Energy & Power Conference June 7, 2017 Cautionary Statement Regarding Forward-Looking Statements This presentation includes certain forward-looking statements and projections
More informationHalcón Resources Investor Presentation November 2018
Halcón Resources Investor Presentation November 2018 Forward Looking Statements This communication contains forward looking information regarding Halcón Resources that is intended to be covered by the
More informationFINANCIAL & OPERATIONAL SUPPLEMENT
FINANCIAL & OPERATIONAL SUPPLEMENT NOTICE TO INVESTORS Certain statements in this earnings supplement contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933
More informationInvestor Presentation NOVEMBER 2017
Investor Presentation NOVEMBER 207 Forward-Looking Statements and Other Disclaimers This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 933
More informationHalcón Resources Investor Presentation June 19, 2018
Halcón Resources Investor Presentation June 19, 2018 Forward Looking Statements This communication contains forward looking information regarding Halcón Resources that is intended to be covered by the
More informationInvestor Handout December 2018
Investor Handout December 2018 2 Forward Looking Statements This presentation contains certain forward-looking statements within the meaning of federal securities law. Words such as anticipates, believes,
More informationNews Release For Further Information Contact: David J. Streit (713) Neel Panchal (713) W. John Wagner (713)
EOG Resources, Inc. P.O. Box 4362 Houston, TX 77210-4362 News Release For Further Information Contact: Investors David J. Streit (713) 571-4902 Neel Panchal (713) 571-4884 W. John Wagner (713) 571-4404
More informationINVESTOR PRESENTATION 3Q»2017
Q4 2018 Earnings Presentation February 21, 2019 INVESTOR PRESENTATION 3Q»2017 Forward Looking & Cautionary Statements Forward-Looking Statements The information in this presentation includes forward-looking
More informationInvestor Presentation Bank of America Merrill Lynch Energy Credit Conference JUNE 2017
Investor Presentation Bank of America Merrill Lynch Energy Credit Conference JUNE 207 Forward-Looking Statements and Other Disclaimers This presentation contains forward-looking statements within the meaning
More information3 rd QUARTER 2018 EARNINGS. November 6, 2018
3 rd QUARTER 2018 EARNINGS November 6, 2018 IMPORTANT DISCLOSURES FORWARD LOOKING STATEMENTS This presentation contains projections and other forward-looking statements within the meaning of Section 27A
More informationTuesday, August 7,
NEWS ENERGEN CORPORATION 605 Richard Arrington Jr. Blvd. N. Birmingham, AL 35203-2707 For Release: 6:00 a.m. ET Contacts: Julie S. Ryland Tuesday, August 7, 2018 205.326.8421 ENERGEN PRODUCTION IN 2Q18
More informationWPX Energy to Enter Permian Basin with Transformative Transaction
WPX Energy, Inc. (NYSE:WPX) www.wpxenergy.com DATE: July 14, 2015 MEDIA CONTACT: Kelly Swan (539) 573-4944 INVESTOR CONTACT: David Sullivan (539) 573-9360 WPX Energy to Enter Permian Basin with Transformative
More informationTransformational Combination with Energen. August 14, 2018
Transformational Combination with Energen August 14, 2018 1 Forward Looking Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933
More informationThird Quarter 2017 Supplement. October 2017 NBL
Third Quarter 2017 Supplement October 2017 3Q17 KEY HIGHLIGHTS Solid and differential operational execution Volumes Significantly Exceeding Original Expectations Volumes of 355 MBoe/d, 10 MBoe/d above
More informationQuarterly Update 1Q17 MAY 3, 2017
Quarterly Update Q7 MAY 3, 207 Forward-Looking Statements and Other Disclaimers This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 933 and
More informationBANK OF AMERICA GLOBAL ENERGY CONFERENCE. November 15, 2018
BANK OF AMERICA GLOBAL ENERGY CONFERENCE November 15, 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933
More informationCORPORATE PRESENTATION. November 2018
CORPORATE PRESENTATION November 2018 Forward-looking Statements This presentation contains projections and other forward-looking statements within the meaning of Section 27A of the U.S. Securities Act
More informationCentennial Resource Development Announces First Quarter 2018 Financial and Operational Results
Centennial Resource Development Announces First Quarter 2018 Financial and Operational Results DENVER, CO, May 8, 2018 (GLOBE NEWSWIRE) - Centennial Resource Development, Inc. ( Centennial or the Company
More informationDEVON ENERGY CORPORATION (Exact Name of Registrant as Specified in its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationCentennial Resource Development Announces First Quarter 2018 Financial and Operational Results
Centennial Resource Development Announces First Quarter 2018 Financial and Operational Results DENVER, CO, May 8, 2018 (GLOBE NEWSWIRE) - Centennial Resource Development, Inc. ( Centennial or the Company
More informationCanaccord Genuity Global Energy Conference. Wednesday, October 12, :00 p.m.
Canaccord Genuity Global Energy Conference Wednesday, October 12, 2011 3:00 p.m. Overview of Operations Tulsa based company founded in 1963 with long history of operations in the Mid-Continent Bakken 3%
More informationRegency Energy Partners LP NAPTP MLP Investor Conference May 22, 2013
Regency Energy Partners LP NAPTP MLP Investor Conference May 22, 2013 Forward Looking Statements and Other Disclaimers This presentation includes forward looking statements. Forward looking statements
More informationDecember 2018 Corporate Presentation
December 218 Corporate Presentation Forward-Looking / Cautionary Statements This presentation, including any oral statements made regarding the contents of this presentation, contains forward-looking statements
More informationPARSLEY ENERGY ANNOUNCES FIRST QUARTER 2017 FINANCIAL AND OPERATING RESULTS; RAISES PRODUCTION GUIDANCE AND LOWERS UNIT COST ESTIMATES
NEWS RELEASE PARSLEY ENERGY ANNOUNCES FIRST QUARTER 2017 FINANCIAL AND OPERATING RESULTS; RAISES PRODUCTION GUIDANCE AND LOWERS UNIT COST ESTIMATES AUSTIN, Texas, May 4, 2017 Parsley Energy, Inc. (NYSE:
More informationInvestor Update August 3, 2017
Investor Update August 3, 2017 Cautionary Statement Regarding Forward-Looking Statements This presentation includes certain forward-looking statements and projections of EP Energy. EP Energy has made every
More informationDahlman Rose Oil Service and Drilling Conference. Wednesday, November 30, :50 a.m.
Dahlman Rose Oil Service and Drilling Conference Wednesday, November 30, 2011 10:50 a.m. Overview of Operations Tulsa based company founded in 1963 with long history of operations in the Mid-Continent
More informationInvestor Presentation J.P. Morgan Global High Yield and Leveraged Finance Conference FEBRUARY 2016
Investor Presentation J.P. Morgan Global High Yield and Leveraged Finance Conference FEBRUARY 2016 Forward-Looking Statements and Other Disclaimers This presentation contains forward-looking statements
More informationCapital Link Master Limited Partnership Investing Forum
Capital Link Master Limited Partnership Investing Forum March 2, 2017 2 Forward Looking Statements and Non-GAAP Measures This presentation contains certain forward-looking statements within the meaning
More information2017 UBS GLOBAL OIL & GAS CONFERENCE. May 2017
2017 UBS GLOBAL OIL & GAS CONFERENCE May 2017 NOBLE ENERGY INVESTMENT THESIS Best assets, best execution, best results Industry-leading Well Performance in Premier U.S. Onshore Basins 4.5 BBoe net unrisked
More informationPermian Basin Oil & Liquids Focus. IPAA OGIS New York
Permian Basin Oil & Liquids Focus IPAA OGIS New York April 16-17, 2012 Safe Harbor Disclosure This presentation contains statements expressing expectations of future plans, objectives, and performance
More informationEnerCom s The Oil & Gas Conference. August 15, 2012
EnerCom s The Oil & Gas Conference August 15, 2012 Overview of Operations 16 Bakken Tulsa based company founded in 1963 with long history of operations in the Mid-Continent Integrated approach to business
More informationTarga Resources Corp. Fourth Quarter 2018 Earnings & 2019 Guidance Supplement February 20, 2019
Targa Resources Corp. Fourth Quarter 2018 Earnings & 2019 Guidance Supplement February 20, 2019 Forward Looking Statements Certain statements in this presentation are "forward-looking statements" within
More informationWells Fargo Pipeline, MLP and Utility Symposium
Wells Fargo Pipeline, MLP and Utility Symposium December 6 & 7, 2016 2 Forward Looking Statements and Non-GAAP Measures This presentation contains certain forward-looking statements within the meaning
More informationCapital One 13 th Annual Energy Conference. December 5, 2018
Capital One 13 th Annual Energy Conference December 5, 2018 1 Important Disclosures Forward-Looking Statements and Risk Factors The information in this presentation includes forward-looking statements.
More informationENCANA CORPORATION. Permian Basin. Jeff Balmer, PhD. Vice-President & General Manager, Southern Operations
ENCANA CORPORATION Permian Basin Jeff Balmer, PhD Vice-President & General Manager, Southern Operations PERMIAN BASIN Premier North American Basin Developing the cube Critical to creating value at industrial
More informationFirst Quarter 2018 Supplemental Presentation
First Quarter 2018 Supplemental Presentation Forward-Looking Statements and Risk Factors Statements made in this presentation that are not historical facts are forward-looking statements. These statements
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationMAY 6, 2014 INVESTOR PRESENTATION WPX STRATEGIC ALLIANCE OVERVIEW
MAY 6, 2014 INVESTOR PRESENTATION WPX STRATEGIC ALLIANCE OVERVIEW Forward-Looking Statements Statements made by representatives of Legacy Reserves LP (the Partnership ) during the course of this presentation
More informationCentennial Resource Development Announces Third Quarter 2018 Financial and Operational Results
Centennial Resource Development Announces Third Quarter 2018 Financial and Operational Results DENVER, CO, November 5, 2018 (GLOBE NEWSWIRE) - Centennial Resource Development, Inc. ( Centennial or the
More informationWELLS FARGO WEST COAST ENERGY CONFERENCE. Carrizo Oil & Gas, Inc. June 20-21, 2016
WELLS FARGO WEST COAST ENERGY CONFERENCE Carrizo Oil & Gas, Inc. June 20-21, 2016 Forward Looking Statements / Note Regarding Reserves This presentation contains statements concerning the Company s intentions,
More informationStrong Execution Driving Growth and Value A P R I L I N V E S T O R P R E S E N T A T I O N
Strong Execution Driving Growth and Value A P R I L 2 0 1 8 I N V E S T O R P R E S E N T A T I O N Deutsche Bank Midland Tour April 5, 2018 Forward-looking and Cautionary Statements Forward-looking Statement:
More informationHalcón Resources Investor Presentation March 2018
Halcón Resources Investor Presentation March 2018 Forward Looking Statements This communication contains forward looking information regarding Halcón Resources that is intended to be covered by the safe
More informationPARSLEY ENERGY ANNOUNCES FOURTH QUARTER 2018 FINANCIAL AND OPERATING RESULTS AUSTIN,
NEWS RELEASE PARSLEY ENERGY ANNOUNCES FOURTH QUARTER 2018 FINANCIAL AND OPERATING RESULTS AUSTIN, Texas, February 21, 2019 Parsley Energy, Inc. (NYSE: PE) ( Parsley, Parsley Energy, or the Company ) today
More information