Skip to main content Q1 2015 RESULTS – Bangchak Petroleum Plc Investor Presentation | Shale Experts
Loading...
Pm

Q1 2015 RESULTS – Bangchak Petroleum Plc

Bangchak Petroleum Plc · May 25, 2015 · 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. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 1
    The Bangchak Petroleum PLC Opportunity Day 1Q2015 May 25, 2015
  2. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 2
    AGENDA 1 Quarterly Highlights 2 Brief Financial Performance Update 3 Moving Forward The Bangchak Petroleum Plc 2
  3. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 3
    AGENDA 1 Quarterly Highlights 2 Brief Financial Performance Update 3 Moving Forward The Bangchak Petroleum Plc 3
  4. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 4
    Performance Target for 1Q2015 1Q/15 Performance by business unit (Unit: THB Million) Target EBITDA EBITDA excluding Inventory Gain/Loss Target 2,564 FY2015 E&P Biofuel 7% 5% 988 751 798 740 781 713 713 Refinery 567 Solar…
  5. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 5
    Refinery Performance : Continue to run at high rate as market condition favor Consistently run above 105 KBD Crude Run (KBD) Product Yield (%) Utilization Rate 82% 85% 90% 3% LPG 4% 3% 102.48 108.63 +11% YoY 21% 20% 20%…
  6. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 6
    A decline in average crude prices and improve spreads lead to strong market GRM GRM Performance (/BBL) Factors affecting GRM Crude Cost (/BBL) Accounting GRM 6.88 -5.28 4.26 DTD/DB 4 0.48 2 0.16 0.31 10.19 8.45 0 6.41…
  7. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 7
    BCP Trading Channels : Retail customer is our priority Total Sales Volume Unit: Million Litre Portion Sold 1Q/14 4Q/14 1Q/15 Marketing Business Retail Customer +10% +1% 44% 713 777 782 YoY QoQ 43% 44% 44% Industrial…
  8. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 8
    Marketing Performance : Total sales volume continues to increase, less competition in industrial market, hence higher margin Marketing Sales Volume (Million Litre) Net MKM Contribution Performance (THB/Litre) +8% YoY 1,335 1,344 +1%…
  9. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 9
    Marketing Performance : Maintain 2nd rank market share Monthly sales volume through service station growth BCP Retail Market Share 15% 11% YoY 6.6% 10% 1.4% 10% YoY 1.4% 0.2% 5% Industry 5.5% 6.0% 0% 37.2% 13.0% 14.0%…
  10. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 10
    Solar Power : Contributing stable income Electricity sales by phase MWPPA 70 118 118 Phase 1 (Million kWh) 7 Target Actual Electricity Sales (Million kWh) 6 5 +67% YoY -3% QoQ 4 72 64 67 65 Phase 2 (Million kWh) 40 39 8…
  11. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 11
    Biofuel : Temporary decrease in biodiesel demand from change in government policy Daily Production and Sales Volume (K. Litre per day) B100 Mixing portion mandate B3.5 = 42 Days B3.5 = 68 Days 579 438 405 361 366 355…
  12. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 12
    E&P : The completion of acquiring additional stakes in existing production well Performance review (KBD) Continue to produce with positive performance Gross Production 6.70 6.51 Net to NIDO 3.5 2.50 Full Quarter 1.53…
  13. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 13
    AGENDA 1 Quarterly Highlights 2 Brief Financial Performance Update 3 Moving Forward The Bangchak Petroleum Plc 13
  14. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 14
    EBITDA by Business Units - Consolidated EBITDA (THB Million) 1Q/14 4Q/14 1Q/15 YoY QoQ Total EBITDA 2,589 (1,256) 2,333 Refinery 1,450 (2,369) 798 Marketing 612 334 740 Solar Power 441 740 713 Biofuel 110 99 81 E&P 0…
  15. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 15
    Key Financial Performance - Consolidated 1Q/15 Highlights Unit: THB Million 1Q/14 4Q/14 1Q/15 Inventory loss affected EBITDA contribution As crude price dropped in late FY2014 and Sales Revenue 49,657 45,749 39,445 continued…
  16. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 16
    Key Financial Position - Consolidated Unit: THB Million Assets Liabilities & Equity 81,816 81,816 76,966 76,966 13,830 11,090 Current Liabilities Cash and Equivalents 7,954 9,997 Current Assets 10,282 8,667 Long Term Debt…
  17. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 17
    Key Financial Ratio - Consolidated Current Ratio (Times) Net IBD/E Ratio (Times) 2.86 2.88 0.64 0.64 0.67 2.62 2.48 0.59 0.55 1.91 1Q/14 2Q/14 3Q/14 4Q/14 1Q/15 1Q/14 2Q/14 3Q/14 4Q/14 1Q/15 Quick Ratio (Times)…
  18. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 18
    AGENDA 1 Quarterly Highlights 2 Brief Financial Performance Update 3 Moving Forward The Bangchak Petroleum Plc 18
  19. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 19
    Crude Oil Price Outlook Market rebalancing and price recovery will be limited /BBL 2014 1Q/14 4Q/14 1Q/15 Apr/15 May/15 (MTD) 2015 (YTD) WTI 92.90 98.61 73.20 48.57 54.63 59.62 50.77 Brent 99.45 107.76 77.07 55.13 61.14 66.52 57.29…
  20. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 20
    Petroleum Product Outlook : New refineries come online pressured gasoil spread Key Product Factors 2Q/15 Gasoline 95 - DB (Unit: /BBL) Demand response to low oil prices Outlook U.S. driving seasons Higher transportation during…
  21. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 21
    Marketing Business : New fully equipped service stations 5 Flagship 35Standard The Bangchak Petroleum Plc 21
  22. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 22
    Marketing Business : New Non-oil concepts Inthanin Garden Concept - Pure Organic Arabica 100% 5 Prototype - 100% Bio Degradable Cups - More Bakery: Chocco - New Menu: Fruit Drinks, Yogurt Twist Stores in FY2015 The Bangchak…
  23. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 23
    Marketing Business : New Non-oil concepts Lemon Kitchen Lemon Kitchen What is it - Fast casual dining Concept - Fast, Fresh, Finesse design, Fusion 6 Prototype Stores in FY2015 The Bangchak Petroleum Plc 23
  24. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 24
    Exploring opportunity outside Thailand : Solar Japan Structure Review BSE CHOW 70% 30% Project Summary Location Mobara, Chiba Size 60 MW 40Yen/kWh Fit 12THB/kWh for 20 years Irradiation 4.0 kWh/m2/day Expected COD…
  25. Q1 2015 RESULTS – Bangchak Petroleum Plc – slide 25
    New BCP shareholder: The best of both world Social Security Office Vayupak Social 14.43% Fund Security 0.35% Office 2.47% Vayupak Fund 15.60% Buy from PTT 11.96% Buy Others PTT from PTT 59.98% 27.22% 15.25% Others 59.98%…

From the store

Browse maps, data & reports in the Shale Experts store