Nostrum Oil & Gas Plc · LSE:NOG
Nostrum Oil & Gas — 9M 2019 Earnings Presentation
11 slides from Nostrum Oil & Gas's earnings presentation, November 2019
Slide 1: 9M 2019 Financial Results
9M 2019 Financial Results November 2019
Slide 2: Highlights
9M 2019 Financial Results Highlights • Revenue US$250.3m (9M 2018: US$311.4m) Financial • EBITDA1 US$158.3m (9M 2018: US$187.7m) • Closing cash US$91.3m2 with net debt of US$1,021.7m3 • Sales volumes 27,515 boepd • Commissioning of GTU3 complete Operational • Well 361 drilling complete, initial test
Slide 3: Snapshot of key figures
9M 2019 Financial Results Snapshot of key figures Production and sales volumes [kboepd] 32.6 31.6 • FY 2019 guidance revised down following quicker 31.1 29.2 28.9 27.5 than expected decline YTD in producing reservoirs • New FY2019 guidance: • 28kboepd production after treatment • 27kboepd sales volu
Slide 4: Capital discipline
9M 2019 Financial Results Capital discipline Balance sheet Hedging programme • US$91.3m1 cash and cash equivalents as at 30 • No hedges currently in place September 2019 • Company continues to assess market conditions and • Net debt of US$1,021.7m2 as at 30 September 2019 look at options for hedging
Slide 5: FY 2019 cash bridge @ US$60/bbl oil
9M 2019 Financial Results FY 2019 cash bridge @ US$60/bbl oil FY 2019 sales volumes 27kboepd Completion & final @ US$60/bbl commissioning costs 14 39 16 100 91 Closing cash OPCF GTU3 commissioning Capital available to invest Closing cash [Q3 2019] [FY 2019] Focus on preserving capital to end 2019 wi
Slide 6: An infrastructure hub in North-western Kazakhstan
9M 2019 Financial Results An infrastructure hub in North-western Kazakhstan Russia Key Nostrum acreage (existing) Nostrum acreage (being acquired) Oil export Chinarevskoye Kazakhstan Gas condensate field pipeline Atyrau-Samara Oil field Nostrum Gas Treatment Facility Rozhkovskoye Railway Gas export
Slide 7: Supporting materials
Supporting materials 7
Slide 8: Consolidated Statement of Financial Position
Nostrum Oil & Gas Consolidated Statement of Financial Position 8
Slide 9: Consolidated Statement of Comprehensive Income
Nostrum Oil & Gas Consolidated Statement of Comprehensive Income 9
Slide 10: Consolidated Statement of Cash Flows
Nostrum Oil & Gas Consolidated Statement of Cash Flows 10
Slide 11: Disclaimer
This presentation is not an offer or solicitation of an offer to buy or sell securities. It is solely for use at an investor presentation and is provided as information only. This presentation does not contain all of the information that is material to an investor. By attending the presentation or b