Skip to main content 1Q 2013 – ConocoPhillips Investor Presentation | Shale Experts
Loading...
Pm

1Q 2013 – ConocoPhillips

ConocoPhillips · Apr 25, 2013 · 24 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 1Q 2013 – ConocoPhillips – slide 1
    1st quarter 2013 CONFERENCE CALL Jeff Sheets, EVP, Finance & CFO Matt Fox, EVP, Exploration & Production April 25, 2013
  2. 1Q 2013 – ConocoPhillips – slide 2
    First-Quarter 2013 Highlights Strategic Operational Financial Progressing asset Total production 1.8 B adjusted sales of 1,596 MBOED1 earnings, 1.42 adjusted EPS Closed Cedar Creek Delivering on 3.6 B CFO, Anticline for 1 B…
  3. 1Q 2013 – ConocoPhillips – slide 3
    1Q13 Performance Adjusted Earnings 1Q13 adjusted earnings flat vs. 4Q12; down 2% vs. 1Q12 Adjusted EPS up 3% vs. 1Q12, Adjusted reflecting 2012 share repurchases Earnings 1,779 1,755 1,752 (MM) Average realized price up 1/BOE…
  4. 1Q 2013 – ConocoPhillips – slide 4
    1Q13 Performance Production Growth MBOED 1,637 1,592 219 1,596 45 15 30 170 1,581 1,536 1,555 1Q12 2012 1Q12 Discontinued Downtime Decline Growth & 1Q13 Dispositions Normalized Operations 1 Other for Dispositions…
  5. 1Q 2013 – ConocoPhillips – slide 5
    1Q13 Performance Cash Margin Improvement Weakening commodity price environment year-over-year Cash margin growth 6% year-over-year Cash 4% sequentially Margin (/BOE) 25.62 26.53 25.05 Visible portfolio shift to liquids Liquids…
  6. 1Q 2013 – ConocoPhillips – slide 6
    Lower 48 and Latin America Production (MBOED) Realized Prices Liquids Gas 475 475 1Q12 2Q12 3Q12 4Q12 1Q13 451 441 462 Crude 99 90 90 89 94 (/Bbl) NGL 45 35 31 31 30 (/Bbl) Nat Gas 2.65 2.10 2.64 3.24 3.19 (/Mcf) 1Q12 2Q12…
  7. 1Q 2013 – ConocoPhillips – slide 7
    Canada Production (MBOED) Realized Prices Liquids Gas 277 281 283 1Q12 2Q12 3Q12 4Q12 1Q13 266 268 Crude 84 75 77 78 73 (/Bbl) Bitumen 61 51 57 48 39 (/Bbl) Nat Gas 1.98 1.61 2.05 2.92 2.89 (/Mcf) 1Q12 2Q12 3Q12 4Q12 1Q13…
  8. 1Q 2013 – ConocoPhillips – slide 8
    Alaska Production (MBOED) Realized Prices Liquids Gas Sales 236 215 222 218 176 1Q12 2Q12 3Q12 4Q12 1Q13 Crude 112 112 107 107 111 (/Bbl) 1Q12 2Q12 3Q12 4Q12 1Q13 Adjusted Earnings (MM) Lower production in 1Q13 reflects…
  9. 1Q 2013 – ConocoPhillips – slide 9
    Asia Pacific and Middle East Production (MBOED) Realized Prices1 Liquids Gas Sales 322 318 303 306 1Q12 2Q12 3Q12 4Q12 1Q13 270 Crude 118 109 105 103 109 (/Bbl) Nat Gas 10.40 11.47 10.64 10.15 10.71 (/Mcf) 1Q12 2Q12 3Q12…
  10. 1Q 2013 – ConocoPhillips – slide 10
    Europe Production (MBOED) Realized Prices Liquids Gas Sales 271 236 216 191 207 1Q12 2Q12 3Q12 4Q12 1Q13 Crude 121 110 110 112 114 (/Bbl) Nat Gas 9.98 9.52 8.87 10.56 10.81 (/Mcf) 1Q12 2Q12 3Q12 4Q12 1Q13 Adjusted Earnings…
  11. 1Q 2013 – ConocoPhillips – slide 11
    1Q13 Performance Company Cash Flow End Q1 2013 B Debt of 21.7 B Debt-to-capital ratio of 31% 1.1 1.0 3.6 3.6 0.8 0.3 5.4 4.4 2 2013 Beginning CFO excl. Working Capital Proceeds from Capital Dividends Debt & Other…
  12. 1Q 2013 – ConocoPhillips – slide 12
    operations REVIEW
  13. 1Q 2013 – ConocoPhillips – slide 13
    Base Operations Running to Plan High-Quality Legacy Base Production and Capability Worldwide base operations performing according to plan Winter weather impacts at San Juan Production shut in at Calder Field in East Irish Sea…
  14. 1Q 2013 – ConocoPhillips – slide 14
    Strong Performance from Development Programs High-Margin Worldwide Development Program Inventory Legacy conventional programs on plan Coiled tubing drilling continuing at Kuparuk Production optimization and drilling/completion…
  15. 1Q 2013 – ConocoPhillips – slide 15
    Major Projects on Track to Deliver Growth High-Margin Major Growth Projects in Execution Oil sands continuing to ramp up Averaged 109 MBOED Christina Lake Phase E production startup on schedule for 3Q13 Asia Pacific projects on…
  16. 1Q 2013 – ConocoPhillips – slide 16
    Exploration Catalysts in Deepwater GOM 2013 Gulf of Mexico Exploration Two significant discoveries Texas Louisiana announced Tiber Shenandoah Ardennes Shenandoah appraisal well discovery WI: 18% Target: L Tertiary WI: 30% Target:…
  17. 1Q 2013 – ConocoPhillips – slide 17
    Progressing Worldwide Exploration Opportunities Emerging unconventional plays Canada: Canol Shale 2 vertical wells logged and cored Conventional and Unconventional Exploration Activity Lower 48: Niobrara Drilled 3 wells in 1Q13…
  18. 1Q 2013 – ConocoPhillips – slide 18
    2013 2014: Positioned for Success Strategic Operational Financial Delivering on value Significant inflection Maintain strong proposition point balance sheet Complete Visible results from Demonstrate announced asset exploration…
  19. 1Q 2013 – ConocoPhillips – slide 19
    Q&A
  20. 1Q 2013 – ConocoPhillips – slide 20
    APPENDIX
  21. 1Q 2013 – ConocoPhillips – slide 21
    2013 Production Outlook On Track Cedar Creek Anticline Continuing Operations 1Q13 2Q13 3Q13 4Q13 FY2013 MBOED 1Q13 2Q13 3Q13 4Q13 FY13 Continuing Operations 1,5551 1,440 - 1,470 1,425 - 1,475 1,525 - 1,575 1,485 -…
  22. 1Q 2013 – ConocoPhillips – slide 22
    Non-GAAP Reconciliations Reconciliation ReconciliationofofEarnings Earningsto toAdjusted AdjustedEarnings Earnings Millions of dollars Millions 2012 2013 1Q 4Q 1Q Consolidated Earnings 2,937 1,426 2,139 Adjustments:…
  23. 1Q 2013 – ConocoPhillips – slide 23
    Non-GAAP Reconciliations Reconciliation Reconciliationof of Earnings to Adjusted Earnings Earnings to Adjusted Earnings Reconciliation Reconciliationof Earnings to Adjusted of Earnings Earnings to Adjusted Earnings Millions of…
  24. 1Q 2013 – ConocoPhillips – slide 24
    Non-GAAP Reconciliations Cash CashMargin Margin per per BOE BOE -Operating Operating Segments 1Q12 4Q12 1Q13 Millions, except per BOE amounts Net Income Attributable to ConocoPhillips 2,937 1,426 2,139 Adjustment to exclude…

From the store

Browse maps, data & reports in the Shale Experts store