Skip to main content Financial Position Liquidity and Hedging Update – Apache Corp Investor Presentation | Shale Experts
Loading...
Pm

Financial Position Liquidity and Hedging Update – Apache Corp

Apache Corp · Mar 27, 2020 · 11 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. Financial Position Liquidity and Hedging Update – Apache Corp – slide 1
    Financial Position, Liquidity & Hedging Update March 27, 2020
  2. Financial Position Liquidity and Hedging Update – Apache Corp – slide 2
    Apache is Well-Positioned To Withstand Current Price Volatility Focused on maintaining ample liquidity position and achieving Cash Flow Neutrality (1) Disciplined Financial Ensure ongoing Suriname exploration and appraisal program…
  3. Financial Position Liquidity and Hedging Update – Apache Corp – slide 3
    Liquidity Commentary Recent actions demonstrate Apache is aggressively managing for Cash Flow Neutrality Company has ample liquidity to weather an extended price downturn 4BN committed credit facility extending through March 2024…
  4. Financial Position Liquidity and Hedging Update – Apache Corp – slide 4
    Recent Rating Agency Actions Have Minimal Impact on APAs Financial Position Recent credit agency actions: Fitch affirmed credit rating at BBB and revised outlook to Negative (3/20/2020) Moodys placed credit rating of Baa3 on review…
  5. Financial Position Liquidity and Hedging Update – Apache Corp – slide 5
    Apache Bond Maturity Profile Manageable near-term maturities MM 937MM maturing in the next 5 years 1,600 Debt Summary Amount Outstanding (MM)(1) 8,217 1,400 Weighted Average Maturity (Years) 17 Plan to pay down 2021-2023…
  6. Financial Position Liquidity and Hedging Update – Apache Corp – slide 6
    Strong Liquidity Profile Apache Pro Forma Credit Facility Availability 5,000 4,000 650 millions 3,000 937 2,000 4,000 1,000 2,413 - Committed Post-tax LC 2021 2023 Pro Forma Availability(1) Postings Bond Maturities…
  7. Financial Position Liquidity and Hedging Update – Apache Corp – slide 7
    Commodity Hedging Program Prepared for further near-term oil price dislocation Open Commodity Derivative Positions Added 2020 hedges to mitigate near-term risk of as of March 26, 2020 full crude oil storage worldwide Substantial…
  8. Financial Position Liquidity and Hedging Update – Apache Corp – slide 8
    Appendix 9
  9. Financial Position Liquidity and Hedging Update – Apache Corp – slide 9
    Apache Credit Facility Substantial revolver capacity and long runway 4 Billion Revolving Credit Facility Apaches 4BN committed credit facility for general corporate Facility Type Senior Unsecured purposes, matures March 2024…
  10. Financial Position Liquidity and Hedging Update – Apache Corp – slide 10
    Credit Facility Commitments As of 3/26/2020 11
  11. Financial Position Liquidity and Hedging Update – Apache Corp – slide 11
    Glossary of Referenced Terms Upstream Capital Investment: Includes exploration, development, gathering, processing, and transmission capital, capitalized overhead, and settled asset retirement obligations, and excludes capitalized…

From the store

Browse maps, data & reports in the Shale Experts store