Skip to main content 1Q 2018 Earnings Results – Encana Corp Investor Presentation | Shale Experts
Loading...

1Q 2018 Earnings Results – Encana Corp

Encana Corp · May 1, 2018 · 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. 1Q 2018 Earnings Results – Encana Corp – slide 1
    ENCANA CORPORATION Q1 2018 Results Conference Call May 1, 2018
  2. 1Q 2018 Earnings Results – Encana Corp – slide 2
    ON TRACK FOR A STRONG 2018 & 5 YEAR PLAN On track to deliver 30% annual production growth* within cash flow Core assets on track to deliver 400 MBOE/d - 425 MBOE/d in Q4 2018 Q1 2018 achievements Offsetting inflation and service…
  3. 1Q 2018 Earnings Results – Encana Corp – slide 3
    CONFIDENT IN 2018 EXECUTION Plan To Deliver 30% Production Growth* Within Cash Flow 30% annual production growth* within cash flow 20% Production Growth in 2nd Half 2018 Capital program front end loaded 450 Restarted Duvernay…
  4. 1Q 2018 Earnings Results – Encana Corp – slide 4
    CUBE DEVELOPMENT Maximizing Value Through Optimized Development Spacing & stacking across multiple zones Cube Development Maximizes NPV Vertical and horizontal optimizations System based approach considers how wells interact in the…
  5. 1Q 2018 Earnings Results – Encana Corp – slide 5
    PERMIAN Q1 HIGHLIGHTS Targeting 30% Annual Production Growth Simultaneous Operations at 2018 program on track for 30% annualized production growth Midland County Cube Q1 volumes flat from a strong Q4 Q2 growth will be modest with the…
  6. 1Q 2018 Earnings Results – Encana Corp – slide 6
    PERMIAN CUBE DEVELOPMENT Strong Results Across New Cubes 2018 cubes will continue to target new benches and Martin Cubes: Improving Productivity by 70% in 2 Years spacing and stacking configurations 150 Testing Jo Mill, Middle…
  7. 1Q 2018 Earnings Results – Encana Corp – slide 7
    MONTNEY Q1 HIGHLIGHTS Set Up To Execute Liquids Growth Plan Montney liquids set to double again by Q4 2018 Montney Growth on Track Growth weighted to second half of 2018 new liquids hubs 70 Sexsmith Plant turn-around planned for Q2…
  8. 1Q 2018 Earnings Results – Encana Corp – slide 8
    MONTNEY CUBE DEVELOPMENT Strong Condensate Production Driving High Margins Cube development delivering strong operational efficiencies Strong Condensate Production from Tower Cubes 5 cubes on-stream in Tower in Q1 with 6-14 wells/cube…
  9. 1Q 2018 Earnings Results – Encana Corp – slide 9
    EAGLE FORD & DUVERNAY Quality Assets Generating Free Operating Cash Flow Combined 2018 annual production similar to 2017 Drilling Restarting in Eagle Ford and Duvernay Delivered 85 million of free operating cash flow in Q1 40 60…
  10. 1Q 2018 Earnings Results – Encana Corp – slide 10
    FIRMLY ON TRACK 2018 Q1 Highlights Strong Q1 cash flow Q1 2018 Net Earnings (MM) 151 Strong realized pricing against benchmark Operating Earnings (MM) 156 prices Cash Flow (MM) 400 Oil 100% of WTI and Gas 83% of NYMEX - per…
  11. 1Q 2018 Earnings Results – Encana Corp – slide 11
    COMPELLING MARGIN EXPANSION Liquids Mix Shift and Efficiency Driving Margin Expansion Converting Price Increase to Netback Oil and condensate growth driving margin 35.00 expansion 30.00 Sales market diversification increases per…
  12. 1Q 2018 Earnings Results – Encana Corp – slide 12
    EXPANDING MARGINS & DE-RISKING GROWTH Midstream & Marketing Focus Ensuring market access Manage flow assurance through flexible and reliable midstream arrangements Maintain diversified physical sales portfolio Maximizing price…
  13. 1Q 2018 Earnings Results – Encana Corp – slide 13
    MARKET DIVERSIFICATION PAYS Q1 Canada Gas Price Uplift Demonstrates Value Q1 Canada Realized Gas Price (incl. Hedge) 96% of NYMEX Full Year AECO Gas Exposure Minimized Q1 Average NYMEX Price US3.00/MMBtu AECO Basis Hedge: 475 MMcf/d…
  14. 1Q 2018 Earnings Results – Encana Corp – slide 14
    PERMIAN MIDSTREAM & MARKETING OVERVIEW Diversified Price Exposure Dedicated oil gathering 90% of oil gathered on Medallion system Permian 2018* 2019 Provides better margins and flow assurance WTI/Midland Differential 31 Mbbls/d 18…
  15. 1Q 2018 Earnings Results – Encana Corp – slide 15
    PERMIAN MARKET DIVERSIFICATION Maximizing Realized Price & Minimizing Basis Risk Permian realized oil price of 63.27/bbl in Q1 Permian Oil Volumes 101% of WTI benchmark price Limited Midland differential exposure for 2018…
  16. 1Q 2018 Earnings Results – Encana Corp – slide 16
    QUALITY CORPORATE RETURNS 2018 Plan to deliver 30% production growth* while spending within cash flow Q1 execution supports 2018 growth plan 5-year plan with 3 billion of free cash flow at 55 WTI Oil and 3 NYMEX gas 10 million…

From the store

Browse maps, data & reports in the Shale Experts store