Skip to main content Debt Investors Meeting – Noble Corporation plc Investor Presentation | Shale Experts
Loading...
Pm

Debt Investors Meeting – Noble Corporation plc

Noble Corporation plc · Mar 1, 2015 · 20 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. Debt Investors Meeting – Noble Corporation plc – slide 1
    Debt Investors Meetings March 2015
  2. Debt Investors Meeting – Noble Corporation plc – slide 2
    A Position of Leadership in Offshore Drilling Today and in the Future Premium Fleet Mix Strong Contract Cover Multi-Year Visibility Highly-Skilled Marketing & Operations Staff Capex in Decline Solid Balance Sheet and Excellent…
  3. Debt Investors Meeting – Noble Corporation plc – slide 3
    Company Overview Global Drilling Presence with Established Deep and Shallow Water Experience Global Fleet Composition 8 Semisubmersibles Corporate Headquarters - UK 9 Drillships U.S. Operations 15 Jackups including 2 under…
  4. Debt Investors Meeting – Noble Corporation plc – slide 4
    Company Overview Geographically Diversified Revenues and Strong Customer Base Full Year 2014 Total Revenues Europe / 3.2 Billion Mediterranean Africa 4% 59% Middle & 8% Far East 17% 27% 52% 14% 17% Gulf of Mexico…
  5. Debt Investors Meeting – Noble Corporation plc – slide 5
    Significant Aspect of Fleet Transformation 11 Billion in Capital Committed or Spent To Date New Rig Deliveries by Year Rig Additions 7 Rigs Added: 12 Semis and Drillships 6 6 10 Jackups 5 5 2 4 3 3 3 3 1 2 2 4 1 3…
  6. Debt Investors Meeting – Noble Corporation plc – slide 6
    Substantially Reduced Average Fleet Age Fleet Age Comparison 40 31 Years 30 27 30 20 27 20 16 18 25 12 12 25 10 4 20 0 SDRL NE ATW RDC RIG ESV NE DO (pre-spin) 15 12 10 9 5 0 2013 2016 2016(1)(2) 2016 (3)…
  7. Debt Investors Meeting – Noble Corporation plc – slide 7
    Successful Transition to Premium Asset Base Revenue Dominated by High-Spec Assets Contract Drilling Revenues by Asset Type 2009(A) 2016(P) 2016(P) 5.8% 20.5% 21.1% 78.9% 58.4% 10.8% 4.5% Ultra Deepwater Other…
  8. Debt Investors Meeting – Noble Corporation plc – slide 8
    Large Backlog Providing Excellent Visibility Pro Forma Backlog At December 31, 2014: 10.1 Billion Backlog by Client Estimated Annual Contribution Other 4 8.7% Anadarko 3.1 4.6% 3 Statoil 6.3% 2.3 2.2 2 1.5 Saudi…
  9. Debt Investors Meeting – Noble Corporation plc – slide 9
    Limited Floating Rig Exposure to Near-Term Market, With Availability in Outer Years Percentage of Available Operating Days Floating Rigs 2015 2016 20% 26% 54% 42% 58% 80% Committed to Contracts Uncommitted to…
  10. Debt Investors Meeting – Noble Corporation plc – slide 10
    Limited Jackup Exposure Through 2015 Percentage of Available Operating Days 2015 2016 18% 46% 82% 54% Committed to Contracts Uncommitted to Contracts Source: Noble as of December 31, 2014
  11. Debt Investors Meeting – Noble Corporation plc – slide 11
    Well-Timed Shipyard Program Largely Complete 2013 2014 Globetrotter II Noble Noble Noble Noble Noble Don Taylor Bob Douglas Houston Colbert Sam Croft Tom Madden Noble Noble Noble Noble Noble Mick OBrien Regina Allen Sam…
  12. Debt Investors Meeting – Noble Corporation plc – slide 12
    Stressed Near-Term Market Fundamentals Excess floating and jackup rig supply Lower utilization and dayrates Decline in the oil price has contributed to further weakness, adding to the uncertainty of a recovery Lower customer…
  13. Debt Investors Meeting – Noble Corporation plc – slide 13
    Newbuild Deliveries Peaking Deliveries Source: IHS RigPoint 14
  14. Debt Investors Meeting – Noble Corporation plc – slide 14
    MODU Retirements on the Rise Retirements Source: IHS RigPoint 15
  15. Debt Investors Meeting – Noble Corporation plc – slide 15
    The Aging MODU Fleet Years in Service Floaters Jackups 24% 34% 34% 52% 8% 11% 15% 13% 4% 5% Source: IHS RigPoint 16
  16. Debt Investors Meeting – Noble Corporation plc – slide 16
    2015 Focus Limit Fleet Downtime 7% OR LESS 2014 TRIR Continuous Safety Improvement 0.39 2015 Guidance Manage Costs -7% Maximize Fleet Capability 17
  17. Debt Investors Meeting – Noble Corporation plc – slide 17
    Financial Guidelines Medium-term financial guidelines focused on strengthening liquidity, maintaining investment grade rating Debt/Capitalization of between 35% and 40% Capitalization We ended 2014 at 40.1% Senior notes maturity in…
  18. Debt Investors Meeting – Noble Corporation plc – slide 18
    Debt Maturity Profile Manageable senior note maturity towers 19
  19. Debt Investors Meeting – Noble Corporation plc – slide 19
    What Does Leadership Look Like The Right Assets Excellent Visibility Strong Balance Sheet and Access to Liquidity Experienced Management Cash Return to Shareholders 20
  20. Debt Investors Meeting – Noble Corporation plc – slide 20
    Noble Corporation plc Devonshire House 1 Mayfair Place London W1J 8AJ England www.noblecorp.com Investor contacts: Jeffrey L. Chastain Vice President Investor Relations 281-276-6383 John S. Breed Director Investor Relations…

From the store

Browse maps, data & reports in the Shale Experts store