Overview Overview Capital Operating Discipline & Shareholder Excellence Project Financial Value Execution Optimization Shareholder Technology & Innovation Value Portfolio of High-Quality Assets Global environment improving…
Macro Macro Environment Environment Major Drivers Status Oil Prices Higher than expected + Upward demand revisions + Weak US dollar +/- OPEC compliance - Excess capacity & inventory NA Natural Gas Seasonal rebound - Record…
Third-Quarter Third-Quarter Overview Overview Earnings 1.00 Earnings Per Share 1.5B 2.2MMBOED Production Cash From Operations 2.9B 90% Refining Utilization Debt-to-Cap Lower Operating Costs 33% Page 5
Total Total Company Company Earnings Earnings 3Q09 3Q09 vs. vs. 3Q08 3Q08 MM Major Variances Price, Margin, Other Market Impacts* (4,384) Volumes* 382 2,950 Operating Costs 419 5,188 750 107 92 1,503 3Q08 E&P R&M…
Total Total Company Company Cash Cash Flow Flow 3Q09 3Q09 MM 73 2,860 2,937 888 697 454 641 3Q09 Beginning CFO excl Working Capital Dividends Other 3Q09 Ending Cash Working Capital* Program Cash Balance…
Total Total Company Company Production Production 3Q09 3Q09 vs. vs. 3Q08 3Q08 MBOED 424 8 57 21 3 2,215 40 1,748 1,791 3Q08 E&P Market Portfolio Planned 2008 Operations 3Q09 E&P LUKOIL 3Q09 Factors Changes…
E&P E&P Earnings Earnings 3Q09 3Q09 vs. vs. 3Q08 3Q08 MM 3,143 3,928 198 354 349 978 3Q08 Prices & Other Sales Volumes Operating Costs Other 3Q09 Market Impacts 3Q09 vs. Realized 3Q09 vs. Earnings 3Q08 3Q09 3Q08…
R&M R&M Earnings Earnings 3Q09 3Q09 vs. vs. 3Q08 3Q08 MM 849 1,010 84 99 182 6 3Q08 Margins & Other Volumes Operating Costs Other 3Q09 Market Impacts 3Q09 vs. Realized 3Q09 vs. Earnings 3Q08 3Q09 3Q08 Margins /BBL…
LUKOIL LUKOIL Segment Segment Earnings Earnings 3Q09 3Q09 vs. vs. 3Q08 3Q08 MM 75 14 135 89 545 438 3Q08 Realizations & True-up Basis Other 3Q09 Volumes Amortization Page 11
Other Other Segments Segments 3Q09 3Q09 vs. vs. 3Q08 3Q08 MM 173 104 62 46 35 Corporate (2) Midstream Chemicals Emerging Businesses (281) (283) 3Q08 3Q09 Page 12
Executing Executing 2009 2009 Business Business Plan Plan Capital Cost Operational Optimization Reduction Excellence Live within means Drive below 2007 Operate safely & levels reliably Reduce spending level to 12.5B Workforce…
Delivering Delivering Results Results E&P Higher production Production up 5%* Operating cost reductions achieved Operating Costs down by 14%* Progressing major projects Increased Dividend Exploration success *September…
Outlook Outlook Expected full-year E&P production of 1.85 MMBOED Fourth-quarter refining utilization in the upper-70- percent range Anticipated fourth-quarter benefits from reduction of discretionary inventory Near-Term Projects Start…
Appendix
3Q09 3Q09 vs. vs. 2Q09 2Q09 Total Company Earnings (MM) E&P Earnings (MM) 151 137 253 62 53 23 86 369 1,503 1,298 978 725 2Q09 E&P R&M LUKOIL Other 3Q09 2Q09 Prices & Sales Operating Other 3Q09 Other Market Volumes…
Loading...
