Skip to main content August 2013 Investor Presentation – Chesapeake Energy Corp | Shale Experts
Loading...
Database
Slide Database

August 2013 Investor Presentation – Chesapeake Energy Corp

Chesapeake Energy Corp · Aug 10, 2013 · 28 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. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 1
    August 2013 Investor Presentation AUGUST 2013 INVESTOR PRESENTATION
  2. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 2
    August 2013 Investor Presentation 2Q13 FINANCIAL RESULTS ADJ. EARNINGS/FDS ADJ. EBITDA OP. CASH FLOW 750% YOY 77% YOY 53% YOY 0.51 1.4 billion 1.4 billion LIQUIDITY YTD ASSET SALES TOTAL CAPEX 4.7 billion (1) 3.7 billion…
  3. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 3
    August 2013 Investor Presentation 2Q13 OPERATIONAL RESULTS TOTAL PRODUCTION LIQUIDS MIX OIL PRODUCTION 7% YOY 25% of Total Production(1) 44% YOY 4.1 bcfe/d Up from 21% in 2Q12 116 mbbls/d NGL PRODUCTION GAS PRODUCTION 5%…
  4. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 4
    August 2013 Investor Presentation FORWARD PROGRESS RECENT ACCOMPLISHMENTS FOCUSED CAPITAL SPENDING OPERATIONAL EXCELLENCE Leasehold capex budget reduced to Revised future oil production estimates upward 3 of the past 4 300 -…
  5. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 5
    August 2013 Investor Presentation EXPECT TO DELIVER STRONG RESULTS IN 2013 ADJ. NET INCOME ADJ. EBITDA TOTAL CAPEX 136% YOY 31% YOY 46% YOY 2012 456 mm 2012 3.75 billion 2012 13.4 billion 2013E 1,080 mm(1) 2013E 4.91…
  6. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 6
    August 2013 Investor Presentation OUR PATH FORWARD
  7. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 7
    August 2013 Investor Presentation REDEFINING OUR STRATEGY Financial discipline Balance capital expenditures with cash flow from operations Implement competitive capital allocation process to ensure highest quality projects are…
  8. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 8
    August 2013 Investor Presentation UNIQUE OPPORTUNITY FOR DIFFERENTIAL RETURNS ON CAPITAL 1 Focus on core of the core Capture drilling efficiency gains of 2 15 - 30% by utilizing pre-existing pads Continue to utilize…
  9. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 9
    August 2013 Investor Presentation MORE FOCUSED AND DISCIPLINED CAPITAL ALLOCATION Drilling and Completion Capex Leasehold Capex Other Capex 15,000 13,600 13,380 13,150 10,000 ( in mm) 7,225 5,740 -46% 5,000 0…
  10. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 10
    August 2013 Investor Presentation 2013 DRILLING AND COMPLETION CAPEX ALLOCATION BY PLAY (1) Barnett Shale Haynesville Shale PRB Niobrara 4% 4% 4% Eagle Ford Shale Marcellus North 5% 36% Marcellus South 7% Utica…
  11. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 11
    August 2013 Investor Presentation THE SHIFT TO HIGHER RETURN LIQUIDS- RICH PLAYS IS PAYING OFF Operated Rigs % of Operated Drilling and Completion Capex Total Liquids Capex Total Dry Gas Capex 140 16% 13% 120 100 54% 70% 80…
  12. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 12
    August 2013 Investor Presentation LIQUIDS-FOCUSED PRODUCTION GROWTH VPP 10 Permian Basin N. Eagle Sales Ford and Haynesville Sales 168,000 bbls/d in 2Q13 % Liquids 30,000 bbls/d in 1Q09 VPP 8 Fayetteville Barnett Sale…
  13. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 13
    August 2013 Investor Presentation FINANCIAL SUMMARY
  14. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 14
    August 2013 Investor Presentation REALIZED PRICES AND CASH MARGINS TRENDING UPWARD 6.50 65% 6.00 60% 5.50 55% 5.00 50% 4.50 45% 4.00 40% 3.50 35% / mcfe 3.00 30% 2.50 25% 2.00 20% 1.50 15% 1.00 10% 0.50…
  15. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 15
    August 2013 Investor Presentation OUTLOOK SUMMARY (1) 2012 YE 2013E Natural gas (bcf) 1,129 1,080 - 1,100 Oil (mbbls) 31,265 38,000 - 40,000 NGL (mbbls) 17,615 21,000 - 23,000 Natural gas equivalent (bcfe) 1,422 1,434…
  16. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 16
    August 2013 Investor Presentation 2013 FINANCIAL PROJECTIONS (1) NYMEX Natural Gas Prices As of 8/1/2013 Outlook ( in mm; oil at 100 NYMEX) 3.00 4.00 5.00 O/G revenue(2) 6,570 7,020 7,470 Adjusted ebitda 4,810 4,910 5,000…
  17. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 17
    August 2013 Investor Presentation SENIOR NOTE PROFILE (1) 4,500 4,276 Sr. Debt and Average Average Term Loan Term Loan: Maturity: Interest Rate: Convertibles 12.8 Billion 5.4 years 5.9% Other Sr. Notes Notes Issued April…
  18. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 18
    August 2013 Investor Presentation SUMMARY
  19. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 19
    August 2013 Investor Presentation A NEW ERA OF VALUE REALIZATION CAPITALIZING on best assets in the business to deliver greater shareholder returns INCREASING liquids mix to generate higher margins and returns BENEFITING from…
  20. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 20
    August 2013 Investor Presentation CORPORATE INFORMATION CHESAPEAKE HEADQUARTERS PUBLICLY TRADED SECURITIES CUSIP TICKER 6100 N. Western Avenue 9.5% Senior Notes due 2015 165167CD7 CHK15K Oklahoma City, OK 73118 3.25% Senior Notes…
  21. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 21
    August 2013 Investor Presentation APPENDIX
  22. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 22
    August 2013 Investor Presentation RECONCILIATION OF ADJUSTED NET INCOME AVAILABLE TO COMMON STOCKHOLDERS ( in millions, except per-share data)(unaudited) (a) (b) (a) (a) Adjusted net income available to common…
  23. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 23
    August 2013 Investor Presentation RECONCILIATION OF OPERATING CASH FLOW AND EBITDA ( in millions)(unaudited) (a) (b) (b) (a) Operating cash flow represents net cash provided by operating activities before changes in…
  24. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 24
    August 2013 Investor Presentation RECONCILIATION OF ADJUSTED EBITDA ( in millions)(unaudited) (a) (a) Adjusted ebitda excludes certain items that management believes affect the comparability of operating results. The comp…
  25. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 25
    August 2013 Investor Presentation RECONCILIATION OF OPERATING CASH FLOW AND EBITDA ( in millions)(unaudited) (a) Operating cash flow represents net cash provided by operating activities before changes in assets and liabilities.…
  26. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 26
    August 2013 Investor Presentation RECONCILIATION OF 2012 ADJUSTED NET INCOME AND ADJUSTED EBITDA ( in millions)(unaudited) (a) (b) (a) Adjusted net income available to common stockholders and adjusted earnings per share…
  27. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 27
    August 2013 Investor Presentation RECONCILIATION OF 2013 FINANCIAL PROJECTIONS: ADJUSTED EBITDA TO OPERATING CASH FLOW NYMEX Natural Gas Prices As of 8/1/2013 Outlook ( in mm; oil at 100 NYMEX) 3.00 4.00 5.00 O/G revenue…
  28. August 2013 Investor Presentation – Chesapeake Energy Corp – slide 28
    August 2013 Investor Presentation RECONCILIATION OF 2013 FINANCIAL PROJECTIONS: OPERATING CASH FLOW TO ADJUSTED NET INCOME NYMEX Natural Gas Prices As of 8/1/2013 Outlook ( in mm; oil at 100 NYMEX) 3.00 4.00 5.00 Operating cash…

From the store

Browse maps, data & reports in the Shale Experts store