Skip to main content Q1 2015 Earnings Call – BG Group Investor Presentation | Shale Experts
Loading...
Pm

Q1 2015 Earnings Call – BG Group

BG Group · May 8, 2015 · 21 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. Q1 2015 Earnings Call – BG Group – slide 1
    BG Group Investor update May/June 2015 FPSO Petrojarl Knarr, Norway
  2. Q1 2015 Earnings Call – BG Group – slide 2
    Q1 2015 results Recommended cash & share offer for BG Group by Shell Helge Lund joined BG Group as Chief Executive QCLNG commissioning progressing to plan; 9 cargoes shipped Q1 2015 Brazil net production exceeds 145 kboed in April…
  3. Q1 2015 Earnings Call – BG Group – slide 3
    Q1 2015 results Recommended offer by the Boards of BG Group & Shell 383p cash plus 0.4454 of a Shell B share per BG Group share Combination valued each BG Group share at 1350p* Royal Dutch Accelerates and de-risks the delivery of…
  4. Q1 2015 Earnings Call – BG Group – slide 4
    Operational update Methane Rita Andrea first LNG loading at Queensland Curtis LNG, Australia
  5. Q1 2015 Earnings Call – BG Group – slide 5
    Operational update Net production (kboed) 60 50 QCLNG Q1 net production 56 kboed ramping-up 40 Third-party gas supplies to…
  6. Q1 2015 Earnings Call – BG Group – slide 6
    Operational update Train 1 on plateau in Q2; hand over from Bechtel* QCLNG Train 2 start-up in Q3 outlook Plateau output of 8 mtpa mid-2016 Optimising equity and third-party gas Pipeline sale expected to complete in Q2…
  7. Q1 2015 Earnings Call – BG Group – slide 7
    Operational update Net production (kboed) 140 Q1 net production 123 kboed 120 Record production in April Brazil exceeding 145 kboed continues to 100 3 FPSOs on plateau ramp-up 80 FPSOs 4 & 5 ramping up with additional wells…
  8. Q1 2015 Earnings Call – BG Group – slide 8
    Operational update FPSOs 4 & 5 Continued ramp-up 9 wells pre-drilled Brazil FPSOs 6-9 integration work continues outlook FPSO 6 onstream Q4 2015* FPSO 7 en route to Brazil FPSOs 8 & 9 in Asian yards FPSOs 7-9 onstream…
  9. Q1 2015 Earnings Call – BG Group – slide 9
    Operational update Net production (kboed) 700 600 2015 performance to date Managing West Franklin start-up in the base 500 January assets 400 Knarr start-up in March UK-operated assets 300 re-starting post CATS riser…
  10. Q1 2015 Earnings Call – BG Group – slide 10
    Operational update BG Group operates as an independent company Helge Lund, Chief Executive, has committed to stay with BG Group until transaction completion 2015 Strong leadership team in place to manage through challenging period…
  11. Q1 2015 Earnings Call – BG Group – slide 11
    Operational update Production 650-690 kboed LNG Shipping & Marketing EBITDA now expected between 1.3-1.5 billion* Cash capital spend of 6-7 billion 2015 outlook Group effective tax rate at the bottom end of the 40%-50% range…
  12. Q1 2015 Earnings Call – BG Group – slide 12
    BG Group Appendices FPSO Petrojarl Knarr, Norway
  13. Q1 2015 Earnings Call – BG Group – slide 13
    Appendices million Q1 2015 Q1 2014 % change Upstream 870 1 997 -56% Financial LNG Shipping & Marketing 708 730 -3% highlights Business Performance EBITDA 1 591 2 719 -41% Q1 2015 DD&A (646) (749) +14% Business Performance…
  14. Q1 2015 Earnings Call – BG Group – slide 14
    Appendices million Q1 2015 Q1 2014 % change Business Performance EBIT 945 1 970 -52% Financial Net finance costs (44) (51) +14% highlights Tax (336) (767) +56% Q1 2015 Business Performance earnings 565 1 152 -51% continued…
  15. Q1 2015 Earnings Call – BG Group – slide 15
    Appendices LNG cargoes 70 Supply 60 Spot purchases 50 Equatorial Guinea 40 Nigeria LNG 30 Q1 EBITDA 708 million Higher cargo deliveries QCLNG performance 20 10 Egypt Weather-related rise in Trinidad & Tobago 0 US gas…
  16. Q1 2015 Earnings Call – BG Group – slide 16
    Appendices 2015 outlook billion 2013 2014 vs. 2014 Brazil development 1.8 2.4 Similar Reducing capital spend Australia development 5.7 3.6 Lower by 50% Lower by Base assets development 2.4 2.6 50% Exploration 1.3 0.8…
  17. Q1 2015 Earnings Call – BG Group – slide 17
    Appendices Net debt at 12.1 billion, average maturity 14 years; gearing 29.6% Strong liquidity position 5.0 billion cash and cash equivalents Capital Access to 7.3 billion of undrawn facilities structure, QCLNG pipeline disposal…
  18. Q1 2015 Earnings Call – BG Group – slide 18
    Appendices mmboe 20000 18 511 17 771 17 016 4 583 221 mmboe reserves Reserves 15000 4 740 4 212 monetised via production Moved 350 mmboe to and discovered resource from resources 10000 6 739 6 041 risked exploration 6…
  19. Q1 2015 Earnings Call – BG Group – slide 19
    Appendices BG Group has a long-established sponsored Level I ADR programme in the US. The ADRs trade on the premier tier of the Over-The-Counter (OTC) market in the US. Details are as follows: Sponsored Ticker Symbol BRGYY ADR…
  20. Q1 2015 Earnings Call – BG Group – slide 20
    Appendices Overseas jurisdictions The release, publication or distribution of this presentation in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any…
  21. Q1 2015 Earnings Call – BG Group – slide 21
    BG Group Investor update May/June 2015 FPSO Petrojarl Knarr, Norway

From the store

Browse maps, data & reports in the Shale Experts store