ROYAL DUTCH SHELL PLC DEUTSCHE BANK GLOBAL OIL & GAS CONFERENCE LONDON SEPTEMBER 22, 2011 1 Copyright of Royal Dutch Shell plc 22 September 2011
ROYAL DUTCH SHELL PLC SIMON HENRY CHIEF FINANCIAL OFFICER 2 Copyright of Royal Dutch Shell plc 22 September 2011
SHELL GOAL ZERO ON SAFETY Injuries TRCF per million working hours Million working hours Customer and Profitability & partner focus performance WORKING HOURS (RHS) TRCF Sustainability & Value added growth technology Focus…
STRATEGY AND PRIORITIES EARNINGS PRIORITIES Bln PERFORMANCE FOCUS UPSTREAM NEW WAVE OF PRODUCTION GROWTH DOWNSTREAM MATURING NEXT GENERATION OF PROJECT OPTIONS UPSTREAM CORPORATE DOWNSTREAM DIVESTMENTS/OTHER…
ROYAL DUTCH SHELL PERFORMANCE FOCUS 6 Copyright of Royal Dutch Shell plc 22 September 2011
PERFORMANCE FOCUS PERFORMANCE FOCUS NEW WAVE OF PRODUCTION GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS CONTINUOUS IMPROVEMENT EXAMPLE: CAPITAL EFFICIENCY Asset sales - Bln (cumulative) CORPORATE UPSTREAM DOWNSTREAM…
DOWNSTREAM VALUE CHAINS Retail Business-to- Refining Business Supply & Distribution Chemicals Lubricants Chemicals Trading 3 keys to winning Operational excellence Concentrating the portfolio Selective growth…
PERFORMANCE FOCUS OIL PRODUCTS PERFORMANCE FOCUS NEW WAVE OF PRODUCTION GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS MARKETING REFOCUS 100% Refocused portfolio + business model 50% Selective growth Brazil, Asia…
PERFORMANCE FOCUS CHEMICALS PORTFOLIO + PERFORMANCE NEW WAVE OF PRODUCTION GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS EARNINGS CCS Earnings - Bln Base chemicals and derivatives portfolio Plant integration with…
GROWTH DELIVERY BIOFUELS GROWTH: BRAZIL GLOBAL BIOFUELS GROWTH POTENTIAL RAZEN JOINT VENTURE 2011 Kboe/d production 3,000 SOYBEAN RAPESEED PALM OIL OTHER Marketing JV CORN SUGARCANE 2,000 19% market share in Brazil Rebranding and…
ROYAL DUTCH SHELL GROWTH DELIVERY 12 Copyright of Royal Dutch Shell plc 22 September 2011
LEADER IN A GLOBAL GROWING GAS MARKET GAS DEMAND GROWTH SHELL Mln Boe/d 30 Traditional LNG +23% +189% gas 25 20 +29% 15 +89% 2035 10 2008 +86% 5 Gas-to-liquids Tight gas 0 North Europe Asia Middle Other…
PERFORMANCE FOCUS GROWTH DELIVERY NEW WAVE OF PRODUCTION CONVERTING RESOURCES TO PRODUCTION GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS Bln Boe resources Longer-term upside NA tight gas Australia Cardamom Deep…
PERFORMANCE FOCUS GROWTH DELIVERY NEW WAVE OF PRODUCTION 2011 START-UPS GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS INNOVATIVE TECHNOLOGY, FULL VALUE CHAIN, LONG-LIFE RETURNS Canada - Scotford upgrader Qatar -…
PERFORMANCE FOCUS GROWTH DELIVERY NEW WAVE OF PRODUCTION LAUNCHING NEW UPSTREAM PROJECTS GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS 2010 + 2011 YEAR-TO-DATE INVESTMENT DECISIONS Cardamom USA Sabah Gas Kebabangan (KBB) -…
ROYAL DUTCH SHELL MATURING NEXT GENERATION PROJECT OPTIONS 17 Copyright of Royal Dutch Shell plc 22 September 2011
PERFORMANCE FOCUS MATURING NEXT GENERATION OF PROJECT OPTIONS NEW WAVE OF PRODUCTION ADDING NEW RESOURCES GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS EXPLORATION & BUSINESS DEVELOPMENT 2008 Canada - Duvernay Kazahkstan…
DRILLING TECHNOLOGY UNLOCKS NEW GROWTH NORTH AMERICA CHINA + AUSTRALIA JVs WITH PETROCHINA Groundbirch Changbei tight gas Deep Basin Foothills North Shilou CBM Pinedale Marcellus Daning CBM Jinqiu tight gas Eagle Ford…
PERFORMANCE FOCUS MATURING NEXT GENERATION OF PROJECT OPTIONS NEW WAVE OF PRODUCTION MATURING NEW PROJECTS GROWTH MATURING NEXT GENERATION OF PROJECT OPTIONS INVESTMENT OPTIONS Appomattox - USA Arrow - Australia Long-term…
ROYAL DUTCH SHELL PLC FINANCIAL FRAMEWORK 21 Copyright of Royal Dutch Shell plc 22 September 2011
INVESTMENT PROGRAMME UPSTREAM DOWNSTREAM % Capital investment % Capital investment EXPLORATION HEAVY OIL & EOR TIGHT GAS SOUR DEEPWATER INTEGRATED GAS TRADITIONAL OTHERS AMERICAS CHEMICALS MARKETING REFINING…
CONVERTING INVESTMENT TO CASHFLOW INVESTING FOR NEW GROWTH DELIVERING CASHFLOW GROWTH Bln /bbl BRENT 80/bbl 96/bbl 60/bbl 62/bbl 2009 H111 2012 (12 months rolling) target CAPITAL UNDER CONSTRUCTION EXPLORATION &…
CASH FLOW AND BALANCE SHEET CASH PERFORMANCE 12 MONTHS TO H1 2011 GEARING Bln % SOURCES USES Gearing range CASH FLOW FROM OPERATIONS EXCL. NET MOVEMENTS IN WORKING CAPITAL ASSET SALES ACQUISITIONS CAPEX + EQUITY ACC.…
COMPETITIVE PAYOUT MAJORS DIVIDEND PAYOUT RATIOS SHELL PAYOUT % Bln COMPETITORS DIVIDENDS DECLARED, of which: SCRIP CLEAN EPS, 4 QUARTERS ROLLING TO H1 2011 BUYBACKS 25 Copyright of Royal Dutch Shell plc 22 September 2011
FINANCIAL FRAMEWORK CASH PERFORMANCE 50-80% CFFO increase 2009-12 (60-80 oil price scenarios) Surplus cash flow 2012 at 60/bbl INVESTMENT PAY-OUT 25-27 bln net capex /year Dividend linked to results Up to 3 bln asset…
OUTLOOK PRIORITIES 2011-12 OUTLOOK Continuous improvement embedded in Shell PERFORMANCE FOCUS Up to 8 billion asset sales; capital efficiency 2011 start-ups: 400kboe/d*; 30bn investment NEW WAVE OF PRODUCTION GROWTH Selective…
ROYAL DUTCH SHELL DEUTSCHE BANK GLOBAL OIL & GAS CONFERENCE Q&A 28 Copyright of Royal Dutch Shell plc 22 September 2011
Loading...
