BP 3Q 2019 Results 29 October 2019 keep advancing BP 3Q 2019 RESULTS 1
Craig Marshall Head of Investor Relations BP 3Q 2019 Results keep advancing BP 3Q 2019 RESULTS 2
Brian Gilvary Chief Financial Officer BP 3Q 2019 Results keep advancing BP 3Q 2019 RESULTS 4
3Q 2019 highlights Resilient quarterly Continued strategic Advancing the results delivery energy transition 2.3 billion Actively managed portfolio Advanced mobility growth underlying replacement including BP Alaska with DiDi in…
Environment Brent oil price1 Henry Hub gas price1 Refining Marker Margin2 /bbl /mmbtu /bbl 80 5.0 24 75 20 4.0 70 16 3.0 65 12 60 2.0 8 55 1.0 50 4 45 0.0 0 Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct (1) Source: Platts…
Operational highlights Major projects Marketing growth Advantaged 4 start-ups manufacturing BP and Reliance to create 5 Final Investment world-class retail and Record quarterly Decisions aviation partnership in throughput at Whiting…
2019 guidance Fourth quarter 2019 guidance Full year 2019 guidance Upstream Organic capital…
Medium term financial frame Organic free cash flow per share3 2019 2021 Actual price 55/bbl1 Cost and capital 15-17bn p.a. discipline organic capital expenditure Divestments 10bn through 2019/2020 Gearing 20-30% Current full…
Advancing the energy transition A clear approach Consistent with Paris Agreement Framing our future Resilient and Growing our low Reducing flexible portfolio carbon activity set emissions in our operations Strategic priorities…
Q&A Brian Gilvary Craig Marshall Chief Financial Officer Head of Investor Relations keep advancing BP 3Q 2019 RESULTS 13
Appendix BP 3Q 2019 Results keep advancing BP 3Q 2019 RESULTS 14
The BP proposition Safe, reliable and Safer efficient execution Growing sustainable free Fit for the A distinctive portfolio fit cash flow and distributions future for a changing world to shareholders over the long-term…