THIRD QUARTER 2016 SUPPLEMENTAL INFORMATION Energizing the World, Bettering Peoples Lives
3Q16 Key Messages and Highlights Operational records and leading execution across the business Third Quarter Sales Volumes of 425 MBoe/d, Up 12% from 3Q15 Crude oil above expectations with significant contributions from the DJ Basin,…
3Q16 Outperformance Versus Expectation Actuals beat nearly every line item Financial and Operating Metric 3Q Guidance 3Q Actuals Earnings Reconciliation 3Q (MM) Total Sales Volumes (MBoe/d) 405 - 415 425 GAAP Net Loss (144) GAAP Net…
NBLX: Strategic Midstream Assets Critical assets supporting NBL long-term growth 340,000 Net Dedicated Acres from NBL and a Third-Party Producer 300,000* in the DJ Basin 40,000 in the Delaware Long-term, fixed-fee commercial…
Material Midstream Embedded Value A growing portion of the NBL value opportunity NBLX and CONE With Access to Premier Over 2.5 Bn in Midstream Value Net to U.S. Unconventional Assets MM NBL NBLX and CNNX yields in top quartile of…
Active Portfolio Management Generating substantial cash flows and strengthening the balance sheet Nearly 1.5 Bn of Divestment Proceeds 2.5 Bn of Cumulative Asset Expected to be Received in 2016 Monetizations Over Last 4 Years NBLX,…
Marcellus Joint Venture Separation Enhancing control over pace and scale of development Before After Maximizes Value and PA Flexibility For All Parties PA 100% working interest in retained acreage Maintain Premium Position in the…
Upcoming Investor Webcast Event What: Long-Term Outlook U.S. Onshore Overview When: Wednesday, November 16 at 9:00 a.m. CT Estimated to Last 1.5 Hours Where: www.nobleenergyinc.com Investors page 9