INVESTOR RELATIONS MIKE PEARL Senior Vice President 832 636 3271 ANDY TAYLOR Director 832 636 3089 JON VANDENBRAND Director 832 636 1007 A N A D A R K O P E T R O L E U M C O R P O R A T I O N RESILIENT PORTFOLIO…
Anadarko 2018 Performance Metrics Cash Flow Return Sales-Volume Growth on Invested Capital1 Per Debt-Adjusted Share Controllable Reserve Additions Cash Costs Per Debt-Adjusted Share Health, Safety & Environmental…
Anadarkos Investment Philosophy INVEST G E N E R AT E DELIVER Within Adjusted DCF at Significant Adjusted Sustainable 50 per Bbl Free Cash Flow Cash Returns Oil Price Environment Buybacks, Debt Reduction, & Dividends Note:…
Committed to Ongoing Capital Returns COMPLETED REMAINING PROGRAMS SHARE REPURCHASES 3.75B 1.25B Supported by 3.3B Pro Forma DEBT REDUCTIONS 0.60B 1.40B Available Cash1 ANNUALIZED DIVIDEND 600MM Reviewed Quarterly 1…
Discipline Drives Free Cash Flow Yield 1 Assumes a 50/Bbl for WTI and Brent, and 3/Mcf HH 2 S&P FCF Yield Calculated as the weighted average S&P 500 TTM FCF divided by weighted average market capitalization as of 12/31/2018; APC FCF…
Capital Efficiency Lowers Cash Flow Breakeven RETURNS FOCUS 1 Share Repurchases 2 Debt Reductions 3 Dividend Increases 1 Breakeven is defined as the WTI and Brent oil price that generates APC adjusted discretionary cash…
Portfolio Delivers Near-Term Free Cash Flow CONVENTIONAL OIL U.S. ONSHORE MIDSTREAM MLP www.anadarko.com NYSE: APC A N A D A R K O P E T R O L E U M C O R P O R A T I O N 8
Mozambique LNG: Line of Sight to FID IN PROGRESS ONSHORE SITE PREPARATION LEGAL & DEVELOPMENT OFFTAKE Anticipated CONTRACTUAL PLAN AGREEMENTS FID 1H2019 FRAMEWORK APPROVED 9.5 MTPA1 PROJECT FINANCING 1 Includes 7.5…
Anadarkos Investment Philosophy INVEST G E N E R AT E DELIVER Within Adjusted DCF at Attractive Significant Adjusted 50 per Bbl Free Cash Flow Cash Returns Oil Price Environment Buybacks, Debt Reduction, & Dividends…
INVESTOR RELATIONS MIKE PEARL Senior Vice President 832 636 3271 ANDY TAYLOR Director 832 636 3089 JON VANDENBRAND Director 832 636 1007 A N A D A R K O P E T R O L E U M C O R P O R A T I O N APPENDIX
Non-GAAP Financial Measures Adjusted Discretionary Cash Flow from Operations (Adjusted DCF) and Adjusted Free Cash Flow (Adjusted FCF) This non-GAAP financial measure definition and related reconciliation is intended to satisfy the…