Skip to main content Q4 2012 Earnings Call – Repsol S.A. Investor Presentation | Shale Experts
Loading...
Pm

Q4 2012 Earnings Call – Repsol S.A.

Repsol S.A. · Feb 28, 2013 · 26 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 2012 Earnings Call – Repsol S.A. – slide 1
    Fourth Quarter and Full Year 2012 Results WEBCAST CONFERENCE CALL February 28th, 2013 Antonio Brufau CEO
  2. Q4 2012 Earnings Call – Repsol S.A. – slide 2
  3. Q4 2012 Earnings Call – Repsol S.A. – slide 3
    Agenda 1. Main Events of 2012 2. Financial Situation 3. 4Q and FY 2012 Results 4. Outlook 2013 4
  4. Q4 2012 Earnings Call – Repsol S.A. – slide 4
    Agenda 1. Main Events of 2012 2. Financial Situation 3. 4Q and FY 2012 Results 4. Outlook 2013 5
  5. Q4 2012 Earnings Call – Repsol S.A. – slide 5
    Main Events of 2012 Delivery of the Updated Strategic Plan YPF Confiscation 6
  6. Q4 2012 Earnings Call – Repsol S.A. – slide 6
    Main Events of 2012 Growth projects Post 2016 2012-2016 Next wave of growth Brazil USA Africa & Europe Russia Exploration Sapinhoa Carioca Mid-continent Reggane (Algeria) Lubina-Montanazo (Spain) AROG Contingent resources…
  7. Q4 2012 Earnings Call – Repsol S.A. – slide 7
    Main Events of 2012 Upstream Production Reserve Replacement Ratio kboed % 400 250 +11% 204 200 300 162 150 131 200 332 100 299 100 50 0 0 2011 2012 2010 2011 2012 Contingent Resources as of the end of: 2011: 1.5 Bn…
  8. Q4 2012 Earnings Call – Repsol S.A. – slide 8
    Main Events of 2012 New Areas Countries with New Exploratory Acreage 68 New blocks added during 2012 9
  9. Q4 2012 Earnings Call – Repsol S.A. – slide 9
    Main Events of 2012 Downstream Refining Margin Indicator /bbl 6 4 +231% 5.3 2 1.6 0 2011 2012 10
  10. Q4 2012 Earnings Call – Repsol S.A. – slide 10
    Agenda 1. Main Events of 2012 2. Financial Situation 3. 4Q and FY 2012 Results 4. Outlook 2013 11
  11. Q4 2012 Earnings Call – Repsol S.A. – slide 11
    Financial Situation Net Debt (Figures Ex Gas Natural) Billion 7 6 0.4 - 2 Bn 5 4 6.8 3 6.4 2 4.4 1 0 4Q 11 Financial Effects of 1st January 2012 4Q 12 YPF Confiscation(*) Proforma (*) As of 31st of December 2011:…
  12. Q4 2012 Earnings Call – Repsol S.A. – slide 12
    Financial Situation Liquidity Position Billion 10 3x 8 4.4 6 4 2 4.6 3.0 0 Liquidity Short term maturities Cash and equivalents Undrawn credit lines ex YPF and ex Gas Natural 13
  13. Q4 2012 Earnings Call – Repsol S.A. – slide 13
    Financial Situation Actions to strengthen the Balance Sheet 2012 2013 2014 2015 2016 Chile LPG Divestments Ecuador 20% 551 M LNG Disposal 6.7 Bn Adjusted dividend policy (pay-out, scrip dividend) 64% (463 M)(1)…
  14. Q4 2012 Earnings Call – Repsol S.A. – slide 14
    YPF Confiscation Legal Actions Claims filed in: ARGENTINEAN US COURTS COURTS SPANISH ICSID COURTS Progressing according to the legal procedures 15
  15. Q4 2012 Earnings Call – Repsol S.A. – slide 15
    Agenda 1. Main Events of 2012 2. Financial Situation 3. 4Q and FY 2012 Results 4. Outlook 2013 16
  16. Q4 2012 Earnings Call – Repsol S.A. – slide 16
    4Q12 Results (ex YPF and ex YPF Gas) CCS Adjusted Operating Income CCS Adjusted Net Income Million Million 1200 600 +109% 500 1000 +115% 800 400 600 300 1053 517 400 200 504 100 241 200 0 0 4Q 11 4Q 12 4Q 11 4Q 12…
  17. Q4 2012 Earnings Call – Repsol S.A. – slide 17
    4Q 2012 Upstream Adjusted Operating Income Million 800 700 48 12 600 339 500 (121) 400 300 18 492 200 100 196 0 4Q11 Price effect Volume Exploration Exchange rate Depreciation 4Q12 net of taxes Costs & Others 18
  18. Q4 2012 Earnings Call – Repsol S.A. – slide 18
    4Q 2012 LNG Adjusted Operating Income Million 150 100 112 110 50 0 4Q 11 4Q 12 19
  19. Q4 2012 Earnings Call – Repsol S.A. – slide 19
    4Q 2012 Downstream Adjusted Operating Income Million 450 400 258 5 350 (42) (27) 300 250 200 326 150 100 130 50 0 4Q11 Refining Marketing Chemicals Others 4Q12 & LPG 20
  20. Q4 2012 Earnings Call – Repsol S.A. – slide 20
    4Q 2012 Gas Natural Adjusted Operating Income Million 250 +22% 200 150 226 100 185 50 0 4Q 11 4Q 12 21
  21. Q4 2012 Earnings Call – Repsol S.A. – slide 21
    FY 2012 Results CCS Adjusted Operating Income CCS Adjusted Net Income Million Million 4500 2100 4000 +46% 1800 +47% 3500 1500 3000 2500 1200 4321 1954 2000 900 1500 2966 1329 600 1000 500 300 0 0 2011 2012 2011 2012 22
  22. Q4 2012 Earnings Call – Repsol S.A. – slide 22
    FY 2012 Results CCS Net Income Million +5% 2048 2100 1943 170 1800 536 1500 +34% 1200 900 1878 1407 600 300 0 2011 2012 YPF Net Income (YPF as Discontinued Operations) 23
  23. Q4 2012 Earnings Call – Repsol S.A. – slide 23
    Agenda 1. Main Events of 2012 2. Financial Situation 3. 4Q and FY 2012 Results 4. Outlook 2013 24
  24. Q4 2012 Earnings Call – Repsol S.A. – slide 24
    Outlook 2013 Increase production by 10% 1 B Exploratory budget UPSTREAM 65% in drilling: 30 wells + 2 Appraisal wells Investigate around 6 Bboes in gross terms 75% of investments targeting oil Positive results during winter…
  25. Q4 2012 Earnings Call – Repsol S.A. – slide 25
    Q&A Session 26
  26. Q4 2012 Earnings Call – Repsol S.A. – slide 26
    Fourth Quarter and Full Year 2012 Results WEBCAST CONFERENCE CALL February 28th, 2013 Antonio Brufau CEO

From the store

Browse maps, data & reports in the Shale Experts store