Skip to main content Annual Meeting of Stockholders – ConocoPhillips Investor Presentation | Shale Experts
Loading...
Pm

Annual Meeting of Stockholders – ConocoPhillips

ConocoPhillips · May 10, 2016 · 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. Annual Meeting of Stockholders – ConocoPhillips – slide 1
    1
  2. Annual Meeting of Stockholders – ConocoPhillips – slide 2
    3
  3. Annual Meeting of Stockholders – ConocoPhillips – slide 3
    Agenda 1 2015 Review 2 2016 Market Environment & Business Plan 3 Value Proposition & Portfolio 4 Closing Remarks 4
  4. Annual Meeting of Stockholders – ConocoPhillips – slide 4
    Challenging Environment in 2015 Brent Price /BBL Macro Environment 120 Continued production increases/oversupply in market Resilient U.S. tight oil production 100 2014 Average Price Significant commodity price deterioration…
  5. Annual Meeting of Stockholders – ConocoPhillips – slide 5
    2015: Continued Strong Operating Performance Financial Strategic Operational 44% 41% 14% 2.2B 7 5% 30% Lower Capital Operating Cost Disposition Major Project Production Incident Rate Revenue Reduction Reduction1 Proceeds2 Startups…
  6. Annual Meeting of Stockholders – ConocoPhillips – slide 6
    Relentless Focus on Safety and Execution Delivering Results Life Saving Rules Personal safety performance, best on record in 2015 Improved process safety performance in 2015 Implementation and verification of Life Saving Rules…
  7. Annual Meeting of Stockholders – ConocoPhillips – slide 7
    Sustainability: Economic, Environmental and Social Performance Core part of our SPIRIT Values EMISSION REDUCTIONS Reducing emissions across portfolio Continuing to engage stakeholders Action plans provide focus on performance ]…
  8. Annual Meeting of Stockholders – ConocoPhillips – slide 8
    Total Shareholder Return, Goal to Outperform Through Cycles Total Shareholder Return1 2015 Total Shareholder Return2 Since Spin 0.3% -8% -29% -34% ConocoPhillips Integrated Peer Independent Peer S&P 500 E&P Companies 1…
  9. Annual Meeting of Stockholders – ConocoPhillips – slide 9
    Period of Lower Prices Continues Brent Price /BBL Macro Environment 120 Weak commodity price environment continued into 2016 Significant oversupply in market continues 100 Ongoing concern about global economic & oil demand…
  10. Annual Meeting of Stockholders – ConocoPhillips – slide 10
    Exercising Flexibility, Maintaining Flat Production Capital Operating Costs1 Production2 11.4B 2.7B FLAT PRODUCTION REDUCTION REDUCTION 12 1,600 2016 vs. 2015 20 10 16 1,200 8 12 6 800 8 17.1B 9.7B 4 8.0B 7.0B 10.1B 400…
  11. Annual Meeting of Stockholders – ConocoPhillips – slide 11
    Setting a Sustainable Dividend for the Cycles Dividend competitive with E&Ps Remains core part of our offering Provides financial flexibility through current cycle Significant reduction in portfolio breakeven price Positions…
  12. Annual Meeting of Stockholders – ConocoPhillips – slide 12
    Creating Value Through the Cycles Financial Priorities Portfolio Attributes Allocation Principles Diverse, low-decline base production Growing Strong Balance Dividend Sheet Reduce debt to Target annual real growth less than 25B…
  13. Annual Meeting of Stockholders – ConocoPhillips – slide 13
    High-Quality Global Portfolio Production Reserves Resources 1,525 MBOED1 8.2 BBOE2 44 BBOE3 10% 23% 22% 19% 22% 33% 17% 16% 18% 46% 32% 12% 6% 14% 10% APME Canada Europe & North Africa Alaska Lower 48 1 2015…
  14. Annual Meeting of Stockholders – ConocoPhillips – slide 14
    Diversified Portfolio Provides a Unique Advantage Canada Europe 280 MBOED 205 MBOED Surmont 2 on line, adding New projects and drilling to low decline base offset decline APME 350 MBOED APLNG on line and production ramping…
  15. Annual Meeting of Stockholders – ConocoPhillips – slide 15
    Focused on Delivering Value in Challenging Environment Exercising a prudent plan in weak price environment DIVIDEND SUSTAINABLE LEVEL FOR NEW ENVIRONMENT Safely and responsibly executing on our plans LOWERING PORTFOLIO BREAKEVEN…
  16. Annual Meeting of Stockholders – ConocoPhillips – slide 16
    Committed to SPIRIT Values 17

From the store

Browse maps, data & reports in the Shale Experts store