Skip to main content Q2 2015 Results – North Atlantic Drilling Limited Investor Presentation | Shale Experts
Loading...
Pm

Q2 2015 Results – North Atlantic Drilling Limited

North Atlantic Drilling Limited · Aug 27, 2015 · 13 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. Q2 2015 Results – North Atlantic Drilling Limited – slide 1
    North Atlantic Drilling Ltd. Second quarter 2015 results August 27, 2015
  2. Q2 2015 Results – North Atlantic Drilling Limited – slide 2
    Agenda Highlights Second Quarter Contract Backlog and Market Outlook Second Quarter 2015 Financials Q &A 3
  3. Q2 2015 Results – North Atlantic Drilling Limited – slide 3
    Highlights Second quarter 2015 EBITDA and Margin 180 70.0 % Quarterly EBITDA of US119.3 million 160 60.0 % 140 50.0 % 120 Net income of US44.2 million 100 40.0 % 80 30.0 % Economic utilization at 95 percent 60 20.0 % 40…
  4. Q2 2015 Results – North Atlantic Drilling Limited – slide 4
    Highlights Second Quarter Contract Backlog and Market Outlook Second Quarter 2015 Financials Q &A 5
  5. Q2 2015 Results – North Atlantic Drilling Limited – slide 5
    Fleet status Current Contract status Rig Client dayrate (USk/day) 15 2016 2017 2018 2019 2020 Semi-submersibles West Alpha 508 West Venture 404 West Phoenix 285 75k/d 360k/d West Rigel - Newbuild Drillships West…
  6. Q2 2015 Results – North Atlantic Drilling Limited – slide 6
    Highlights Second Quarter Contract Backlog and Market Outlook Second Quarter 2015 Financials Q &A 7
  7. Q2 2015 Results – North Atlantic Drilling Limited – slide 7
    Financial reporting highlights This quarter Previous quarter EBITDA US119 m US92 m Earnings per share US0.17 US(0.06) Operating (loss)/profit US65 m US37 m Financial items US(21) m US(46) m Cash flow from operating…
  8. Q2 2015 Results – North Atlantic Drilling Limited – slide 8
    Operating Income - Total 2Q15 1Q15 4Q14 3Q14 Unaudited accounts in USD millions Contract revenues 204 190 267 297 Reimbursables 7 2 24 46 Related party revenues - - - 13 Total operating revenues 211 192 291 356 Vessel and…
  9. Q2 2015 Results – North Atlantic Drilling Limited – slide 9
    Net Income - Total 2Q15 1Q15 4Q14 3Q14 Unaudited accounts in USD millions Net operating (loss)/income 65 37 (403) 111 Financial items Interest expense (25) (25) (26) (27) Gain / (loss) on derivatives 9 (34) (60) (13) Other…
  10. Q2 2015 Results – North Atlantic Drilling Limited – slide 10
    Balance Sheet - Assets June March December September 30, 2015 31, 2015 31, 2014 30, 2014 Current assets Cash and cash equivalents 135 139 116 100 Restricted cash 8 9 11 8 Accounts receivables, net 151 151 235 263 Related party…
  11. Q2 2015 Results – North Atlantic Drilling Limited – slide 11
    Balance Sheet Liabilities and Shareholders Equity June March December September 30, 2015 31, 2015 31, 2014 30, 2014 Current liabilities Current portion of long-term debt 210 210 210 210 Related party transaction 54 52 17 23 Tax…
  12. Q2 2015 Results – North Atlantic Drilling Limited – slide 12
    Highlights Second Quarter Contract Backlog and Market Outlook Second Quarter 2015 Financials Q&A 13
  13. Q2 2015 Results – North Atlantic Drilling Limited – slide 13
    Q&A 14

From the store

Browse maps, data & reports in the Shale Experts store