Third quarter 2014 Solid adjusted earnings and cash flow Quarter-specific items impact IFRS result Strong operational performance, improvement program on track Value-creating transactions 3Q dividend of 1.80 NOK/share 2
Financial results Solid adjusted results 3Q 2014 NOK bn Impacted by divestments, seasonal (4.8) 17.0 13.9 30.9 (21.8) 9.1 effects and lower prices (100%) (57%) (24%) (25%) High operational regularity New fields and more liquids…
Adjusted earnings by segment Statoil group 1) D&P Norway D&P International MPR Solid adjusted earnings Strong operations and Record international Improved trading results and project execution production refinery margins…
High production regularity Improved production efficiency Equity production mboe/d Successful NCS turnaround program 1829 1852 1868 Starting and ramping up new fields Deferring gas production to enhance value Gas Divestments and…
Cash flow 2014 2013 full year dividend 2014 YTD; NOK bn and dividend for 1Q 2014 have been paid in 2014 Dividend for 2Q 2014 will be paid in fourth quarter Net debt to capital employed of 19%1) 1) Normalised for cash build…
Resilience in volatile markets Short term oil price Statoil well positioned, under pressure improving efficiency further /bbl Robust financial framework AA- / Aa2 rating1) 19% net debt to capital employed (adj) USD 18 bn short term…
Outlook 2014 2% production growth from rebased level Organic capex USD 20 billion Exploration activity USD 3.5 billion 50 exploration wells Planned 2014 maintenance 50 mboe per day 4Q 25 mboe per day 8
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Investor Relations in Statoil Main Desk: +47 22 97 20 42 E-mail: irpoststatoil.com Investor Relations Morten Sven Johannessen Vice President mosvejostatoil.com +47 90 93 41 48 Lars Valdresbrten IR Officer lavastatoil.com +47 40 28 17…
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