Skip to main content 1Q 2019 Earnings Presentation – Noble Energy, Inc. | Shale Experts
Loading...
Pm

1Q 2019 Earnings Presentation – Noble Energy, Inc.

Noble Energy, Inc. · May 3, 2019 · 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 2019 Earnings Presentation – Noble Energy, Inc. – slide 1
    1Q19 Financial and Operational Results May 2019
  2. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 2
    1Q19 Key Highlights www.nblenergy.com NYSE: NBL Focus on capital discipline and execution driving early 2019 success Strong Operational Execution and Cost Control Capital expenditures lower than expected from U.S. onshore and…
  3. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 3
    1Q19 Actuals vs. Guidance www.nblenergy.com NYSE: NBL Solid start to 2019 with volumes above, expenses and capital below expectations Financial & Operating Metrics 1Q Guidance 1Q Actuals Adjusted Net Earnings 1Q (MM) Total Sales…
  4. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 4
    U.S. Onshore www.nblenergy.com NYSE: NBL Efficiencies driving capital lower, volumes higher 1Q19 Key Highlights Primary Drivers of Lower Capital: U.S. Onshore Completion Cost and Facility Spend Reductions Record stages per day from…
  5. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 5
    DJ Basin www.nblenergy.com NYSE: NBL Differentiated position and execution driving record production GOR: NBL Acreage Low Municipalities Mid High Continued Delivery from DJ Basin East Pony Weld Generating operating cash flow…
  6. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 6
    DJ Basin: 2019 Mustang Activity www.nblenergy.com NYSE: NBL Building upon 2018 Success Boe/d Mustang Row 1 and Row 2 Gross Production Initial Wells from Row 2 of Mustang Online 50,000 21 wells from Row 2 (1Q19) and 31 wells from Row 1…
  7. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 7
    Delaware Basin www.nblenergy.com NYSE: NBL Building momentum for 2H19 growth Reeves Strong 1Q Well Performance Production flat from 4Q18 despite low TILs and acreage divestiture . Wells TILd ahead of schedule from improved frac…
  8. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 8
    Noble Midstream (NBLX) www.nblenergy.com NYSE: NBL Peer-leading distribution growth and growing third-party services 20% 287 22% 1.9x targeted MBoe/d record quarterly oil increase in 1Q fresh distribution coverage annual distribution…
  9. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 9
    Eastern Mediterranean www.nblenergy.com NYSE: NBL World-class assets continue to provide differentiated outlook Maintaining Production in EMed Above 1 Bcfe/d Gross Aphrodite Tamar 35% WI 25% WI Tamar 1Q volumes exceeded expectations…
  10. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 10
    Regional Development Opportunities www.nblenergy.com NYSE: NBL EMED regional dynamics support gas exports Finalizing Gas Transportation to Egypt Map Legend Completing EMG Pipeline due diligence and expect pipeline acquisition LNG…
  11. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 11
    West Africa www.nblenergy.com NYSE: NBL Strong cash flow profile from existing production and project developments Alen Gas Monetization Sanctioned Capital-efficient development accessing global LNG demand EG LNG Global LNG Sales…
  12. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 12
    Colombia Farm-In www.nblenergy.com NYSE: NBL Significant new exploration opportunity captured NBL 40% Operated Working Interest in Offshore Colombia 2 MM gross acres Colombia-3 and Guajira Offshore-3 blocks contain in excess of 2…
  13. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 13
    2019 and Second Quarter Guidance www.nblenergy.com NYSE: NBL Maintaining full year outlook, 2Q as planned heading into 2H production ramp Crude Oil and Natural Gas Total Second Quarter 2019 Guidance Natural Gas Full-Year 2019…
  14. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 14
    Key Deliverables Through 2019 www.nblenergy.com NYSE: NBL Operational momentum building 1Q 2Q 3Q 4Q 2020 and Beyond 500 MM free cash flow(1) returned to investors Capital below, Permian initial row EPIC pipeline Climate Change…
  15. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 15
    www.nblenergy.com NYSE: NBL Defined Terms and Price Deck Terms Definition Free Cash Flow (FCF) GAAP cash flow from operations less consolidated capital investments Net Debt Total debt less cash on balance sheet EBITDA GAAP earnings…
  16. 1Q 2019 Earnings Presentation – Noble Energy, Inc. – slide 16
    Investor Relations Contacts Brad Whitmarsh Park Carrere Kim Hendrix 281.943.1670 281.872.3208 281.943.2197 brad.whitmarshnblenergy.com park.carrerenblenergy.com kim.hendrixnblenergy.com Visit us on the Investor Relations Homepage at…

From the store

Browse maps, data & reports in the Shale Experts store