Skip to main content Q1 2015 REPORT – Maersk Oil Investor Presentation | Shale Experts
Loading...
Pm

Q1 2015 REPORT – Maersk Oil

Maersk Oil · May 13, 2015 · 14 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 REPORT – Maersk Oil – slide 1
    Maersk Group Q1 report 2015 13 May 2015 - Conference call 9.30am CET webcast available at www.maersk.com
  2. Q1 2015 REPORT – Maersk Oil – slide 2
    page 3 Financial Highlights Q1 2015 Group Financial Highlights The Group increased the underlying profit USDm 1,572 Q1 2014 Q1 2015 by 18% to USD 1.3bn (USD 1.1bn) in Q1 1,600 1,319 mainly driven by strong performance in…
  3. Q1 2015 REPORT – Maersk Oil – slide 3
    page 4 Maersk Line results Q1 Q1 FY (USD million) 2015 2014 Change 2014 Highlights Q1 2015 Revenue 6,254 6,463 -3.2% 27,351 Maersk Line delivered an underlying profit of USD 710m (USD 366m), the strongest first quarter to…
  4. Q1 2015 REPORT – Maersk Oil – slide 4
    page 5 Delivering further cost reductions Unit cost including VSA income Highlights Q1 2015 USD/FFE 3,200 Total cost declined by 7.7% (USD 453m)** 3,092 3,097 3,012 3,010 against a volume decrease of 1.6% 3,000 2,871 Unit…
  5. Q1 2015 REPORT – Maersk Oil – slide 5
    page 6 Maersk Oil results Q1 Q1 FY (USD million) 2015 2014 Change 2014 Highlights Q1 2015 Revenue 1,433 2,448 -41% 8,737 Maersk Oils underlying profit decreased by 40% to USD 207m, mainly due to a 50% lower oil price…
  6. Q1 2015 REPORT – Maersk Oil – slide 6
    page 7 Reserves and resources (million boe) End 2014 End 2013 Proved reserves (1P) 327 392 Probable reserves (2Pincrement) 183 207 Proved and Probable reserves 510 599 (2P) Contingent resources (2C) 801 874 Reserves &…
  7. Q1 2015 REPORT – Maersk Oil – slide 7
    page 8 APM Terminals results Q1 Q1 FY (USD million) 2015 2014 Change 2014 Highlights Q1 2015 Revenue 1,136 1,092 4.0% 4,455 Underlying profit decreased by 19% to USD 175m EBITDA 220 265 -17% 1,010 (USD 216m) negatively impacted…
  8. Q1 2015 REPORT – Maersk Oil – slide 8
    page 9 Maersk Drilling results Q1 Q1 FY (USD million) 2015 2014 Change 2014 Highlights Q1 2015 Revenue 630 477 32% 2,102 Underlying profit increased by 79% to USD 195m (USD 109m) positively impacted by fleet growth, EBITDA 343…
  9. Q1 2015 REPORT – Maersk Oil – slide 9
    page 10 APM Shipping Services results Q1 Q1 FY (USD million) 2015 2014 Change 2014 Highlights Q1 2015 Revenue 1,319 1,479 -11% 5,926 APM Shipping Services reported an underlying profit of USD 91m (USD 78m) and ROIC of 8.1%…
  10. Q1 2015 REPORT – Maersk Oil – slide 10
    page 11 Continued focus on performance Invested Total shareholder return YTD 2015 ROIC % ROIC % ROIC % Business capital Q1 2015* Q1 2014* FY 2014 (USDm) Maersk B 22% Group 44,580 13.8% 10.0% 11.0% Maersk Line 19,839 14.3%…
  11. Q1 2015 REPORT – Maersk Oil – slide 11
    page 12 A strong financial framework Well capitalised position Active portfolio management Net debt reduction of USD 0.1bn since Q4 2014 and USD 6.9bn Cash flow from divestments has been USD 11.6bn with divestment since Q4 2012…
  12. Q1 2015 REPORT – Maersk Oil – slide 12
    page 13 Consolidated financial information Income statement (USD million) Q1 2015 Q1 2014 Change FY 2014 Revenue 10,547 11,736 -10% 47,569 EBITDA 2,570 3,017 -15% 11,919 Depreciation, etc. 1,101 937 18% 7,008 Gain on sale of…
  13. Q1 2015 REPORT – Maersk Oil – slide 13
    page 14 Guidance for 2015 The Group expects an underlying result around USD APM Shipping Services continues to expect the 4.0bn (USD 4.1bn excluding Danske Bank). Gross cash underlying result for 2015 to be above the 2014 result…
  14. Q1 2015 REPORT – Maersk Oil – slide 14
    Q&A - To ask a question please press * then 01

From the store

Browse maps, data & reports in the Shale Experts store