Skip to main content 1Q17 Conference Call Results – OMV Group Investor Presentation | Shale Experts
Loading...
Pm

1Q17 Conference Call Results – OMV Group

OMV Group · May 11, 2017 · 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. 1Q17 Conference Call Results – OMV Group – slide 1
    OMV Q1 2017 Results Conference Call Rainer Seele Chairman of the Executive Board and CEO May 11, 2017 OMV Aktiengesellschaft
  2. 1Q17 Conference Call Results – OMV Group – slide 2
    Disclaimer This report contains forward-looking statements. Forward-looking statements may be identified by the use of terms such as outlook, expect, anticipate, target, estimate, goal, plan, intend, may, objective, will and similar…
  3. 1Q17 Conference Call Results – OMV Group – slide 3
    Favorable macroenvironment Oil price Brent OMV indicator refining margin in USD/bbl OMV in USD/bbl oil price forecast 2017 2018 2019 2020 2021 80 8 Price 55 65 70 75 75 60 6 40 54 5,6 5,4 46 46 49 4 5,1 4,7 34 3,7 20 2 0 0…
  4. 1Q17 Conference Call Results – OMV Group – slide 4
    Key messages OUTSTANDING PORTFOLIO COST PERFORMANCE CHANGES DISCIPLINE Highest quarterly production Signed acquisition of 24.99% Upstream production cost since 10 years stake in Yuzhno Russkoye below USD 9/boe 1 gas field in…
  5. 1Q17 Conference Call Results – OMV Group – slide 5
    Outstanding performance in Q1 2017 Clean CCS Operating Result Clean CCS net income attributable Clean CCS earnings per Share in EUR mn to stockholders in EUR in EUR mn 805 502 1.54 412 321 Upsteam 262 174 153 0.53 0.47 494…
  6. 1Q17 Conference Call Results – OMV Group – slide 6
    Threefold increase of Group Clean CCS Operating Result versus Q1 2016 Clean CCS Operating Result Q1 2017 vs Q1 2016: in mn EUR Upstream Upstream +417 Downstream +174 Realized oil price increased by 59% Realized gas price increased by…
  7. 1Q17 Conference Call Results – OMV Group – slide 7
    Strong free cash flow generation Sources and uses of cash 1 in Q1 2016 Sources and uses 1 of cash in Q1 2017 in EUR mn in EUR mn Free cash flow Free cash flow +1,320 1,750 (145) 828 745 601 430 923 579 Sources Uses…
  8. 1Q17 Conference Call Results – OMV Group – slide 8
    Portfolio changes Sale of OMV Petrol Ofisi to Vitol Agreed to finance up to 10% of Nord Group Stream 2 project cost EUR 1.4 bn transaction value Total project cost of EUR 9.5 bn Closing Q3 2017 at the latest Financing of 70% of…
  9. 1Q17 Conference Call Results – OMV Group – slide 9
    Strict cost discipline Upstream production cost CAPEX 1 Cost-savings program 2 OPEX in USD/boe in EUR bn in EUR mn +50 (16)% (32)% EUR mn 10.6 2.8 250 8.9 200 1.9 1.9 1.6 0.3 Q1 2016 Q1 2017 2015 2016 2017 2016 2017…
  10. 1Q17 Conference Call Results – OMV Group – slide 10
    Strong cash and reduced net debt position Net debt development Strong liquidity position as of Q1/17 in EUR bn Cash position at EUR 3.1 bn 4.0 Committed revolving credit facilities of 3.0 EUR 3.6 bn (undrawn) Target long term…
  11. 1Q17 Conference Call Results – OMV Group – slide 11
    Updated Outlook 2017 2016 Forecast 2017 Brent oil price (USD/bbl) 44 55 CEGH gas price (EUR/MWh) 15 15 Total hydrocarbon production (kboe/d) 311 320 1 OMV indicator refining margin (USD/bbl) 4.7 4.7 Utilization rate refineries…
  12. 1Q17 Conference Call Results – OMV Group – slide 12
    OMV Aktiengesellschaft
  13. 1Q17 Conference Call Results – OMV Group – slide 13
    BACKUP OMV Aktiengesellschaft
  14. 1Q17 Conference Call Results – OMV Group – slide 14
    Almost double Group Clean CCS Operating Result than previous quarter Clean CCS Operating Result Upstream in EUR mn Realized oil price increased by 11% Upstream +230 Downstream +131 Realized gas price increased by 28% 805 Higher…
  15. 1Q17 Conference Call Results – OMV Group – slide 15
    Strong balance sheet Balance Sheet Q1 2017 vs Q4 2016 Highlights Q1 2017 in EUR bn 32.1 32.1 EUR 0.3 bn reduction in tangible and 31.2 31.2 intangible assets mainly due to lower investments 10.9 Stockholders equity 11.4 Assets…
  16. 1Q17 Conference Call Results – OMV Group – slide 16
    Sensitivities on OMV Group in 2017 2017 impact Operating Result 1 Operating cash flow in EUR mn Brent oil price +35 +30 (USD +1/bbl) Gas price (EUR +1/MWh) +20 +15 OMV indicator refining margin +110 +85 (USD +1/bbl)…

From the store

Browse maps, data & reports in the Shale Experts store