Shell PLC · LSE:SHEL
Shell — Royal Dutch Shell — Q1 2008 Earnings Presentation
12 slides from Shell's earnings presentation, Apr 29, 2008
Slide 1: Building New Heartlands: First Quarter 2008 Results
ROYAL DUTCH SHELL PLC BUILDING NEW HEARTLANDS FIRST QUARTER 2008 RESULTS 29 APRIL 2008
Slide 2: Peter Voser, Chief Financial Officer
ROYAL DUTCH SHELL PLC BUILDING NEW HEARTLANDS PETER VOSER CHIEF FINANCIAL OFFICER
Slide 3: Cautionary Statement
CAUTIONARY STATEMENT This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking s
Slide 4: Building New Heartlands
BUILDING NEW HEARTLANDS INDUSTRY LANDSCAPE SHELL STRATEGY HIGHER PRICES & COSTS PORTFOLIO SHIFT • NEW LEGACY ASSETS • UPSTREAM + SELECTIVE DOWNSTREAM NEW ENERGY COMPETITORS CHALLENGE TECHNOLOGY • NEW HYDROCARBON RESOURCES • CLEANER FUELS, CO2 SOLUTIONS COMPLEX PROJECTS PORTFOLIO MANAGEMENT SUSTAINED
Slide 5: Q1 2008 Highlights
Q1 2008 HIGHLIGHTS COMPETITIVE RESULTS • Q1 2008 CCS earnings $7.9 billion; EPS +22% • Good operating performance PORTFOLIO PROGRESS • Upstream-downstream asset sales • North America acreage build STRATEGY ON TRACK • Capital discipline • Competitive cashflow 4 Earnings and EPS excluding Identified I
Slide 6: Prices and Margins
PRICES AND MARGINS OIL & GAS PRICES REFINING MARGINS CHEMICALS MARGINS $/BBL $/MMBtu $/BBL $/T 10 28 700 100 24 600 90 9 20 500 80 8 16 400 7 12 300 70 8 200 60 6 4 100 50 5 0 0 Q107 Q207 Q307 Q407 Q108 Q107 Q207 Q307 Q407 Q108 Q107 Q207 Q307 Q407 Q108 BRENT JCC* US WEST COAST ROTTERDAM US ETHANE WT
Slide 7: Q1 2008 Financial Highlights
Q1 2008 FINANCIAL HIGHLIGHTS $ BLN EARNINGS $ BLN Q1 08 Q1 07 Q1 2008 VERSUS Q1 2007 $ BLN - EXPL. & PRODUCTION 5.2 3.3 9 - GAS & POWER 1.0 0.8 - OIL SANDS 0.2 0.1 - OIL PRODUCTS 1.2 1.7 8 - CHEMICALS 0.2 0.5 BUSINESS SEGMENTS TOTAL 7.8 6.3 CORP. & MIN. INT. 0.0 0.2 7 NET EARNINGS 7.9 6.6 EARNINGS P
Slide 8: Upstream Performance
UPSTREAM PERFORMANCE EARNINGS OIL & GAS PRODUCTION $ BILLION MLN BOE/D MLN TONNES 7 4 3.8 6 3 3.6 5 4 2 3.4 3 2 1 3.2 1 0 0 3 Q107 Q207 Q307 Q407 Q108 Q107 Q207 Q307 Q407 Q108 EXPLORATION & PRODUCTION OIL SANDS OIL EQUITY LNG SALES (MLN TONNES) GAS & POWER GAS 7 Excluding Identified Items
Slide 9: Downstream Performance
DOWNSTREAM PERFORMANCE CCS EARNINGS AVAILABILITY AND SALES VOLUMES $ BILLION % AVAILABILITY VOLUME 4 100 7 3 95 6 2 90 5 1 85 4 0 80 3 Q107 Q207 Q307 Q407 Q108 Q107 Q207 Q307 Q407 Q108 OIL PRODUCTS CHEMICALS REFINERY AVAILABILITY OIL PRODUCT SALES (MLN BBLS/D) CHEMICALS CHEMICALS SALES (MLN TONNES)
Slide 10: Portfolio Update
PORTFOLIO UPDATE UNITED STATES UNITED KINGDOM CHUKCHI SEA ACREAGE REVIEW OF INFINEUM JV UNITED STATES QATAR MALAYSIA VIRENT BIOFUELS TECHNOLOGY QG4 LNG AGREEMENT CHINA & DUBAI GUMUSUT KAKAP FID FRANCE REFINERIES DIVESTMENT AUSTRALIA NWS ASSET SALE NIGERIA AUSTRALIA 200 KM SALE OFFSHORE BLOCKS NORTH
Slide 11: Q1 2008 Highlights
Q1 2008 HIGHLIGHTS COMPETITIVE RESULTS • Q1 2008 CCS earnings $7.9 billion; EPS +22% • Good operating performance PORTFOLIO PROGRESS • Upstream-downstream asset sales • North America acreage build STRATEGY ON TRACK • Capital discipline • Competitive cashflow 10 Earnings and EPS excluding Identified
Slide 12: Delivery and Growth: Q&A
DELIVERY AND GROWTH BUILDING NEW HEARTLANDS ROYAL DUTCH SHELL PLC Q&A