Skip to main content Q4 2011 Earnings Call – Eni Us Operating Co Investor Presentation | Shale Experts
Loading...
Pm

Q4 2011 Earnings Call – Eni Us Operating Co

Eni Us Operating Co · Feb 15, 2012 · 25 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. Q4 2011 Earnings Call – Eni Us Operating Co – slide 1
    2011 fourth quarter and full year preliminary results February 15th, 2012 eni.com
  2. Q4 2011 Earnings Call – Eni Us Operating Co – slide 2
    2011 highlights: exceptional progress on future growth USA UK Norway Norway Russia Hadrian N. Culzean GLA (Ekofisk S, Skrugard Samburskoye FID Eldfisk 2) FID Havis (2012) Urengoskoye FID Venezuela Perla FID Ghana Angola…
  3. Q4 2011 Earnings Call – Eni Us Operating Co – slide 3
    2011 highlights: quick ramp up of Libyan production eni operated production (Libya) Maintained production from Wafa gas field during the war Elephant oil 500 Good relationships with local 450 Bahr Essalam gas community helped ensure…
  4. Q4 2011 Earnings Call – Eni Us Operating Co – slide 4
    2011 highlights: strengthened position to face difficult markets G&P: tackling worsening market conditions Progress on supply renegotiations, satisfactory agreement reached with Sonatrach Strengthened position in retail segment in…
  5. Q4 2011 Earnings Call – Eni Us Operating Co – slide 5
    market environment Average European Brent / exchange rate refining margin* /bl /bl /bl /bl 135 135 6 6 1,5 120 120 5 5 1,45 105 105 4 4 1,4 90 90 3 3 1,35 75 75 2 2 1,3 60 60 1 1 1,25 45 45 0 0 1,2 Q410 Q111 Q211…
  6. Q4 2011 Earnings Call – Eni Us Operating Co – slide 6
    Q4 consolidated results Adj. operating profit Adj. net profit Million Million 4,739 4,259 1,702 1,540 Q4 10 E&P G&P R&M Other Q4 11 Q4 10 Op. Profit Inv/Fin Taxes Minor Q4 11 adj charges 6
  7. Q4 2011 Earnings Call – Eni Us Operating Co – slide 7
    E&P performance Oil & gas production Adj. operating profit kboe/d Million 1,954 4,028 4,120 4,200 3,826 3,931 1,684 1,678 1,489 1,473 Q410 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Oil Gas 7
  8. Q4 2011 Earnings Call – Eni Us Operating Co – slide 8
    proved reserves mmboe 7,086 7,183 6,843 (7) 97 827 577 2010 production promotions portfolio 2011 price effect 2011 adj 2010 2011 2011 adj RRR Organic: 127% RRR Organic: 143% RRR Organic: 160% RRR All sources: 125% RRR All…
  9. Q4 2011 Earnings Call – Eni Us Operating Co – slide 9
    G&P performance Gas sales Adj. operating profit Bcm Million 31.6 958 27.2 24.7 777 20.3 17.3 385 352 251 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Italy International* * Including…
  10. Q4 2011 Earnings Call – Eni Us Operating Co – slide 10
    G&P: ebitda proforma adjusted* million 1,432 1,051 921 825 675 623 338 550 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 International Regulated Marketing Transport businesses in Italy * Ebitda pro forma…
  11. Q4 2011 Earnings Call – Eni Us Operating Co – slide 11
    R&M performance Process utilization index Adj. operating profit % Million 26 86 82 83 76 73 -39 -114 -176 -271 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 11
  12. Q4 2011 Earnings Call – Eni Us Operating Co – slide 12
    other businesses: adjusted operating profit million Q4 Q4 FY FY % 2010 2011 2010 2011 (74) (154) Petrochemicals (113) (276) -144 378 390 Engineering & 1,326 1,443 +8.8 Construction (43) (69) Other activities (205) (226)…
  13. Q4 2011 Earnings Call – Eni Us Operating Co – slide 13
    net debt evolution billion 28.0 0.5 26.1 13.4 14.3 4.3 2.0 Dec 2010 Operating Divestments Dividends Capex Acquisitions & Dec 2011 cashflow Others 13
  14. Q4 2011 Earnings Call – Eni Us Operating Co – slide 14
    2012: guidance Exploration & Production: rapid recovery and growth 10% growth net of PSA effects: New start ups to contribute ca. 70 kboe/d Libya ramp up (average contribution 230-240kboe/d) Gas & Power: impacted by European…
  15. Q4 2011 Earnings Call – Eni Us Operating Co – slide 15
    Appendix February 15th, 2012 eni.com
  16. Q4 2011 Earnings Call – Eni Us Operating Co – slide 16
    results of operations million Q4 10 Q4 11 FY 10 FY 11 % 28,113 30,102 Net sales from operations 98,523 109,589 2,875 3,534 Operating Profit 16,111 17,486 8.5 (132) (136) Inventory holding gains (losses) (881) (1.113) 2,743…
  17. Q4 2011 Earnings Call – Eni Us Operating Co – slide 17
    G&P: adjusted operating profit by activities million -50.5% 777 68 385 31 International Transport 529 523 Regulated business in Italy 180 -169 Marketing Q4 10 Q4 11 3
  18. Q4 2011 Earnings Call – Eni Us Operating Co – slide 18
    unrealized profit in stocks (UPIS) million Q4 10 Q4 11 FY 10 FY 11 (201) (205) E&P vs R&M (229) (150) 12 25 E&P vs G&P (4) (13) (13) (23) E&C vs Eni Group (38) (52) (202) (203) Total UPIS (271) (189) 4
  19. Q4 2011 Earnings Call – Eni Us Operating Co – slide 19
    eni share of profit from associates Q4 FY 2010 2011 2010 2011 93 100 Equity method accounted for 394 393 28 12 Gas transportation abroad 124 69 - 4 EnBw (GVS) 2 4 35 38 Union Fenosa 119 152 7 9 Blue Stream 36 34 23 37 Others…
  20. Q4 2011 Earnings Call – Eni Us Operating Co – slide 20
    G&P share of profit from associates million +7.0% 100 93 12 8 28 5 80 60 Q4 10 Q4 11 Marketing Regulated business in Italy International Transport 6
  21. Q4 2011 Earnings Call – Eni Us Operating Co – slide 21
    main operating data Q4 10 Q4 11 FY 10 FY 11 % 1,954 1,678 Hydrocarbon prod. (kboe/d) 1,815 1,581 (12.9) 173.6 143.7 Production sold* (mmboe) 638.0 548.5 (14) 10.5 9.3 Natural gas sales in Italy**(bcm) 34.3 34.7 1.1 16.2 14.0…
  22. Q4 2011 Earnings Call – Eni Us Operating Co – slide 22
    production growth by geographical area kboe/d -14.1% 1,954 419 1,678 145 376 117 128 105 403 381 688 497 182 191 Q4 10 Q4 11 Italy North Af rica West Af rica Kazakhstan America RoW 8
  23. Q4 2011 Earnings Call – Eni Us Operating Co – slide 23
    oil & gas production kboe/d -14.1% 1,954 1,954 182 1,678 1,678 191 1,049 896 1,772 1,487 905 782 Q4 10 Q4 11 Q4 10 Q4 11 Abroad Italy Gas Liquids 9
  24. Q4 2011 Earnings Call – Eni Us Operating Co – slide 24
    capex million (0.5)% 3,912 3,894 386 285 381 359 615 585 2,573 2,690 -43 Q4 10 Q4 11 -25 E&P G&P R&M E&C Other 10
  25. Q4 2011 Earnings Call – Eni Us Operating Co – slide 25
    eni consolidated results 1.4% -8.5% EPS 0.15 0.36 0.47 0.43 Euro per share* Q4 10 Q4 11 Q4 10 Q4 11 Adjusted Adjusted 23.2% -6.1% 1.22 1.15 0.99 1.08 CFPS Euro per share* Q4 10 Q4 11 Q4 10 Q4 11 Adjusted…

From the store

Browse maps, data & reports in the Shale Experts store