Q3 2014 EARNINGS CALL – Nostrum Oil and Gas Plc
Nostrum Oil and Gas Plc ·
Nov 26, 2014 · 12 slides
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Slides
Q3 2014 results 26 November 2014
Q3 2014 results Consistently delivering against targets 1 Inclusion in the FTSE 250 index on the London Stock Exchange 2 Stable production volumes 45,204 boepd vs. 45,000 boepd guidance 3 Fully funded and on track for GTU3…
Progress Snapshot Production Net Operating Cash flows(1) 60,000 350.0 303.5 55,000 300.0 50,000 250.0 230.4 45,414 45,204 boepd USmm 45,000 200.0 150.0 40,000 100.0 35,000 50.0 30,000 0.0 9m 2013 9m 2014 9m 2013 9m…
2 Q3 2014 Financial results
Financial Overview Q3 2014 USmm (unless otherwise stated) 9m 2014 9m 2013 Change Revenue 620.3 657.2 (5.6%) EBITDA(1) 413.2 412.0 0.3% Profit Before Tax 225.7 267.1 (15.5%) Net income 108.6 161.8 (32.9%) Earnings per share (USc)(2) 0.58…
Key performance indicators Opex/boe(1) Transport costs/boe 7.00 7.6 7.4 5.9 6.00 7.4 5.00 4.7 7.2 7.1 7.0 US/boe 4.00 US/boe 6.8 3.00 6.6 2.00 6.4 1.00 6.2 - 6.0 9m 2013 9m 2014 9m 2013 9m 2014 EBITDA margin…
Strong Balance Sheet and Enhanced Credit Metrics Highlights Credit Metrics 3.0 Debt / LTM EBITDA (x) +67% EBITDA margin +13% increase in cash position during Q3 2014 to 2.0 1.6 1.7 US515.5mm (H1 2014 US458.2mm) 1.0 0.8 0.8…
3 Supporting materials
Consolidated Statement of Financial Position 9
Consolidated Statement of Comprehensive Income 10
Consolidated Statement of Cash Flows 11