Skip to main content Q3 2014 EARNINGS CALL – Repsol S.A. Investor Presentation | Shale Experts
Loading...
Pm

Q3 2014 EARNINGS CALL – Repsol S.A.

Repsol S.A. · Nov 6, 2014 · 19 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. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 1
    WEBCAST CONFERENCE CALL Third Quarter 2014 Results November 6th, 2014 Repsol Investor Relations www.repsol.com
  2. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 2
    Third Quarter 2014 Results 1. Market environment 2. Operational Activity and Main highlights 3. Quarterly Results 4. Conclusions 3
  3. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 3
    Current Market environment Brent and WTI evolution - /boe 120,00 2Q14 3Q14 111,65 109,61 110,00 107,63 106,64 101,61 105,15 100,00 101,79 97,30 102,03 102,39 Brent 96,08 WTI 90,00 93,03 80,00 apr may jun jul aug sept…
  4. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 4
    Operational Activity 3Q 2014: Upstream Exploration RUSSIA USA 8 wells have been concluded since the presentation of 2Q14 results, 5 wells with a positive result in: USA and Russia. 5
  5. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 5
    Operational Activity: Upstream Currently drilling activity and plan until the end of 2014 Norway ALASKA Canada Romania USA Spain Algeria Colombia Brazil Angola Peru Current drilling activity Expected before year…
  6. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 6
    Main Highlights of 3Q 2014 Production 6% Resumed production in Libya (7th of July) 344 366 Kboed Kboed 3Q2013 3Q2014 Production increased 8% excluding the effect of Libya in both years. * Libya current production 300…
  7. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 7
    Main Highlights of 3Q 2014 Key Growth Projects: Brazil Sapinhoa Brazil Reached 120,000 bpd plateau on the first FPSO. Expecting to have first-oil from the second FPSO in November. Plateau for the second FPSO is expected to be…
  8. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 8
    Main Highlights of 3Q 2014 Downstream Refining Margin Indicator Petrochemicals businesses Improvement of market 3Q 2013 2.6 environment and adjustments undertaken in 3Q 2014 3.9 2013 allowed to continue with positive results. 0 1…
  9. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 9
    Gas Natural Fenosa Acquisition of the Chilean company CGE Reinforces the leadership of GNF in gas distribution in Latin- America. Transaction consistent with GNFs strategic priority of international diversification. Current…
  10. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 10
    Results Summary 3Q 2014 3Q 2013 3Q 2014 % Variation Adjusted Net Income 295 415 +40.9% Net Income 386 319 -17.3% Million 9M 2014 9M 2013 9M 2014 % Variation Adjusted Net Income 1,220 1,337 +9.6% Net Income 1,287 1,646…
  11. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 11
    3Q 2014 Upstream Results Adjusted Net Income Increased production year- +0.5% on-year in Brazil, USA, Peru, Bolivia and Russia partially 184 185 M M offset from lower volumes from Libya. Lower crude and gas realization prices.…
  12. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 12
    3Q 2014 Upstream Results Adjusted Net Income 3Q 2013 3Q 2014 % Variation Adjusted Net Income 184 185 +0.5% Million 300 250 63 200 38 17 (56) (4) 150 [17] (42) 100 184 185 166 50 0 3Q13 Volume Price effect…
  13. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 13
    3Q 2014 Downstream Results Adjusted Net Income Refining: Our margin indicator was 3.9 dollars per barrel. Petrochemicals: Better prices 190 and better volumes. +76% M Commercial businesses: 108 results in line with same year- M…
  14. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 14
    3Q 2014 Downstream Results Adjusted Net Income 3Q 2013 3Q 2014 % Variation Adjusted Net Income 108 190 +76 % Million 350 9 300 38 137 250 (47) 200 (48) [8] 150 190 100 50 108 0 3Q13 Refining Petrochemicals Marketing…
  15. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 15
    3Q 2014 Gas Natural Fenosa Results Adjusted Net Income -13% 106 M 92 M 3Q13 3Q14 16
  16. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 16
    Quarterly Results Financial Situation Net financial Debt 2.4 -0.4bn bn 2.0 bn 2Q14 3Q14 Liquidity remains healthy at more than 10 billion euros 17
  17. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 17
    Conclusions UPSTREAM Delivering production growth target established in the Strategic Plan. Resumption of production in Libya. Good news from our exploratory activity. DOWNSTREAM Benefit from the improved market momentum.…
  18. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 18
    Q&A Session Third Quarter 2014 Results
  19. Q3 2014 EARNINGS CALL – Repsol S.A. – slide 19
    WEBCAST CONFERENCE CALL Third Quarter 2014 Results November 6th, 2014 Repsol Investor Relations www.repsol.com

From the store

Browse maps, data & reports in the Shale Experts store