Skip to main content Q3 2009 Earnings Call – Ecopetrol S.A. Investor Presentation | Shale Experts
Loading...
Pm

Q3 2009 Earnings Call – Ecopetrol S.A.

Ecopetrol S.A. · Oct 21, 2009 · 16 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 2009 Earnings Call – Ecopetrol S.A. – slide 1
    Financial And Operating Results Third Quarter 2009 October 21, 2009 1
  2. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 2
    MANAGEMENT PARTICIPANTS IN TODAYS CONFERENCE CALL Javier Gutierrez, Chief Executive Officer Adriana Echeverri, Chief Financial Officer Nelson Navarrete, EVP of Exploration & Production Pedro Rosales, EVP of Downstream Camilo…
  3. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 3
    AGENDA Highlights of the third quarter Strategic plan achievements Financial results for the third quarter Outlook for the last quarter of 2009 4
  4. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 4
    HIGHLIGHTS OF THE THIRD QUARTER 2009 Production increase of 12,9% * Preliminary evidence of hydrocarbons in four wells during the quarter Exploratory success of 42% in 2009 17,6%* growth in volume sold driven by 40% *increase in…
  5. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 5
    AGENDA Highlights of the third quarter Strategic plan achievements Financial results for the third quarter Outlook for the last quarter of 2009 6
  6. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 6
    UPSTREAM PROGRESS IN 3Q09 Highlights Exploratory Success (Jan-Sep) Reached the goal of drilling 12 wildcats by Sep/09 (operated and in joint ventures) 10 in Colombia 2 in US Gulf Coast 42% 38% Exploration Exploratory success of…
  7. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 7
    UPSTREAM PROGRESS IN 3Q09 Subsidiaries Average Revenue Ebitda * Net Income gross (COP Billion) (COP Billion) (COP Billion) Highlights production Jan-Sep 09 Jan-Sep 09 Jan-Sep (3Q 09) Finalized integration and synergy…
  8. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 8
    DOWNSTREAM PROGRESS IN 3Q/09 Highlights Refinery runs (KBPD) 87.7% progress in Hydro-treatment project 236 Reduction in refinery runs due to market conditions 212 Refining and maintenance 79 81 Progress in Apiay - Porvenir…
  9. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 9
    DOWNSTREAM PROGRESS IN 3Q09 Subsidiaries Ebitda* Net Income Revenues (COP Billion) (COP Billion) Highlights (COP Billion) Jan-Sep Jan-Sep Jan-Sep Finalized integration and cost synergy analysis with B/mejas refinery upgrade…
  10. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 10
    INVESTMENT PLAN 2009 CAPEX investment 2009 (USD Bn) Investment - Key Projects 6,2 Investment Business Project USD Million Castilla 160 Production Rubiales 159 La Cira 108 4,54 Block Siriri Gibraltar 23 0.08 Exploration US -…
  11. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 11
    AGENDA Highlights of the third quarter Strategic plan achievements Financial results for the third quarter Outlook for the last quarter of 2009 12
  12. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 12
    FINANCIAL RESULTS * Total Revenue (COP tn) Costs and Expenses (Cop tn) Operating Profilt (COP tn) 10,0 6,0 3,7 7,4 5,1 0,47 0,52 3,4 SG&A 4,1 Variable cost 4,0 3,2 6,3 fixed cost 2,2 4,0 Total 1,4 1,4 2008-3Q 2009-3Q…
  13. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 13
    SEGMENT RESULTS Sales (COP Trillion) 10,9 9,2 3,9 1,4 5,9 4,4 3,3 7,9 2.23 2,8 1,8 6,9 0,5 0,5 1,5 2,6 2,9 1,1 3,1 1.11 Jan-Sep Jan-Sep Jan-Sep Jan-Sep Jan-Sep 3Q 3Q 3Q 3Q 3Q -3,1…
  14. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 14
    BALANCE SHEET AND CASH FLOW Assets Sep/09 (COP Trillion) Cash flow Jan Sep (COP Trillion) Other short term 51,6 4,2 Initial Cash 12,1 Accounts receivable 5,0 5,6 Cash and cash equivalents Operations 22,2 6,8 Natural and…
  15. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 15
    AGENDA Highlights of the third quarter Strategic plan achievements Financial results for the third quarter 2009 Outlook for the last quarter of 2009 16
  16. Q3 2009 Earnings Call – Ecopetrol S.A. – slide 16
    OUTLOOK FOR THE LAST QUARTER OF 2009 Well reach the goal of 12% annual production growth Exploratory activity Best estimate at years end: 19 wildcats at Total Depth, 4 wildcats being drilled (3 domestic and 1 international)…

From the store

Browse maps, data & reports in the Shale Experts store