Genesis Energy Limited · NZX:GNE
Genesis Energy — Non-Deal Roadshow (December 2015)
12 slides from Genesis Energy's roadshow presentation, Dec 8, 2015
Slide 1: Genesis Energy Presentation to JBWere Private Client Advisors
For personal use only Genesis Energy Presentation to JBWere Private Client Advisors Albert Brantley – Chief Executive 8 December 2015 Genesis Energy Limited 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been compiled by Genesis Energy Limited for information purposes only. This disclaimer applies to this document and the verbal and written comments of any person presenting it. Genesis Energy has taken reasonable care in compiling the informatio
Slide 3: Contents
Contents For personal use only • Brief Recap of Genesis Energy • Some Topical Issues 8 December 2015 3
Slide 4: Genesis Energy Overview
Genesis Energy Overview For personal use only Diverse earnings support delivery of consistent, reliable and attractive dividends 01 NEW ZEALAND’S 02 DIVERSE 03 OIL LARGEST AND AND GAS RETAILER FLEXIBLE DIVERSIFICATION OF ELECTRICITY AND GAS ELECTRICITY GENERATION THROUGH KUPE INVESTMENT PORTFOLIO 8
Slide 5: Genesis Energy Overview: EBITDAF, dividends and free cash flow
Genesis Energy Overview For personal use only Diverse earnings support delivery of consistent, reliable and attractive dividends Genesis Energy 6 Monthly EBITDAF Dividends Declared and Free Cash Flow H1 H2 Dividends Free Cash Flow 250 $250m Significant items $211m $198m 200 $200m $162m $160m Dividen
Slide 6: Total Shareholder Returns have been positive since listing
Genesis Energy Overview For personal use only Total Shareholder Returns have been positive since listing Genesis Energy Share TSR Since IPO Dividends per share Genesis Energy TSR NZX50 TSR 70% 14 60% 12 Total Shareholder Return Since IPO 50% 10 Dividends Cents Per Share 40% 8 30% 6 20% 4 10% 2 0% 0
Slide 7: Outlook
Genesis Energy Overview For personal use only Outlook • In the face of dynamic retail and wholesale electricity and gas markets, Genesis Energy continues to expect consistent results • A number of the announcements since the last balance date will set the tone for the Company’s strategy over the nex
Slide 8: Topical Issue #1: Generation Capacity
Topical Issue #1: Generation Capacity For personal use only Reduction in Thermal Generation Capacity • Recently announced retirements will remove 1,040MW from the electricity system by 2018 Otahuhu B 400MW • This would reduce thermal generation in New Closed 30 Sep 2015 Zealand to four sites that ma
Slide 9: Topical Issue #2: Retail Competition
Topical Issue #2: Retail Competition For personal use only Competition in the Retail Electricity Electricity Customers Market Remains Fierce 0 200,000 400,000 600,000 • There is now more brands and more Genesis Energy Contact Energy competitors than ever before Mighty River Power Meridian Energy • C
Slide 10: Topical Issue #3: Kupe Reserves
Topical Issue #3: Kupe Reserves For personal use only The outcome of a reassessment of Kupe reserves is imminent • Genesis Energy is due to finish a reassessment of the 2P Kupe reserves in the coming weeks – experience to date has been positive, even after a number of years of field production • The
Slide 11: Conclusion
Conclusion For personal use only Any questions? 8 December 2015 11
Slide 12: Thank you
For personal use only Thank you