Skip to main content 3Q 2015 Conference Call – ConocoPhillips Investor Presentation | Shale Experts
Loading...

3Q 2015 Conference Call – ConocoPhillips

ConocoPhillips · Oct 29, 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. 3Q 2015 Conference Call – ConocoPhillips – slide 1
    3Q15 Conference Call Oct. 29, 2015
  2. 3Q 2015 Conference Call – ConocoPhillips – slide 2
    Jeff Sheets EVP, Finance and CFO
  3. 3Q 2015 Conference Call – ConocoPhillips – slide 3
    3Q15 Highlights Operational Financial Strategic 4% year-over-year 466MM adjusted loss; Increased quarterly 1 production growth (0.38) adjusted EPS dividend to 0.74 per share in July Achieved first oil at 1.3B CFO2; 2.4B ending…
  4. 3Q 2015 Conference Call – ConocoPhillips – slide 4
    3Q15 Performance Adjusted Earnings Highlights Strong operational performance; year-over-year production growth of 4% Adjusted 18% year-over-year lower operating costs, adjusted for rig 1,611 termination, restructuring and pension…
  5. 3Q 2015 Conference Call – ConocoPhillips – slide 5
    3Q15 Production From Continuing Operations 4% PRODUCTION GROWTH 56 25 Liquids 33 APLNG Gas 25 Other Gas (2) 1,554 1,473 Total 56 3Q14 Downtime & Dispositions Net Growth 3Q15 All volumes in MBOED. 1 Excludes Libya…
  6. 3Q 2015 Conference Call – ConocoPhillips – slide 6
    3Q15 YTD Performance Company Cash Flow B 3Q15 YTD Marker Prices 2.4 Brent 55.39/BBL WTI 50.92/BBL 5.8 0.6 Henry Hub 2.80/MMBTU 3Q15 0.6 Debt of 24.9B Debt-to-capital ratio of 36% 7.9 5.1 2.7 0.3 2.4 2015 Beginning CFO…
  7. 3Q 2015 Conference Call – ConocoPhillips – slide 7
    Matt Fox EVP, Exploration & Production
  8. 3Q 2015 Conference Call – ConocoPhillips – slide 8
    Lower 48 and Canada Lower 48 Surmont Surmont Surmont 3Q15 production of 551 MBOED; crude oil increased 12% vs. 3Q14 Running 13 rig program Achieving 20% to 30% drilling and completion efficiency improvement vs. 3Q14 Currently…
  9. 3Q 2015 Conference Call – ConocoPhillips – slide 9
    Alaska and Europe Alaska 3Q15 production of 160 MBOED Completed successful turnarounds at Kuparuk and Prudhoe Achieved first oil at CD5 and Drill Site 2S in October Exported 3 LNG cargos from Kenai Europe 3Q15 production of…
  10. 3Q 2015 Conference Call – ConocoPhillips – slide 10
    Asia Pacific & Middle East and Other International Asia Pacific & Middle East 3Q15 production of 332 MBOED; increased 10% vs. 3Q14 Gumusut turnaround successfully completed ahead of schedule APLNG first cargo expected by year end…
  11. 3Q 2015 Conference Call – ConocoPhillips – slide 11
    Lower Capital, Lower Costs, Strong Performance 7 4Q15 production range of 1,585 1,625 MBOED MAJOR PROJECT STARTUPS EXPECTED IN 2015 Full-year 2015 production range of 1,585 1,595 MBOED 2014 Actuals Initial 2015 July 2015 Current…
  12. 3Q 2015 Conference Call – ConocoPhillips – slide 12
    Appendix
  13. 3Q 2015 Conference Call – ConocoPhillips – slide 13
    Impacts of Special Items MM 3Q15 3Q15 YTD Gain on dispositions - 39 Production and operating expenses 120 186 Selling, general and administrative expenses 185 285 Exploration expenses 742 958 Depreciation, depletion and…

From the store

Browse maps, data & reports in the Shale Experts store