Shell PLC · LSE:SHEL
Shell — Royal Dutch Shell — Investor Presentation (October 2017)
10 slides from Shell's investor presentation, Oct 3, 2017
Slide 1: Retail Wealth Management Investor Presentation
Retail Wealth Management Investor Presentation Royal Dutch Shell plc October 3, 2017
Slide 2: Definitions & cautionary note
Definitions & Underlying operating expenses are defined as operating expenses less identified items. A reconciliation can be found in the quarterly results announcement. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this present
Slide 3: Shell in 2016
Shell in 2016 Acquired $20.6 billion 70+ countries Number 1 38.7% BG Group Cash flow from operating in which Market we operated position globally for Total shareholder return activities retail and lubricants businesses 31 million tonnes 3.7 million 92,000 Average number of people we Shell LNG liquef
Slide 4: Substantial & long lasting shifts in energy landscape
Industry context Substantial & long lasting shifts in energy landscape Population Vehicles Rising standards Nearly 10 billion people by 2050, 2 billion vehicles by 2060 Many millions of people will rise with 67% living in cities (~0.8 billion today) out of energy poverty; with higher (~2.6 billion m
Slide 5: Let's make the future
Strategy “Let’s make the future” STRATEGIC Delivery Focus portfolio on Q2 2017 - cash momentum resilient positions World-class Invest in advantaged Underlying CCS earnings $3.6 billion investment case projects CFFO $11.3 billion FCF/share + ROACE growth Value chain integration Leader: va
Slide 6: Cash momentum
Q2 2017 $ billion $ billion Cash momentum $99/bbl $43/bbl $50/bbl 15 50 40 10 30 20 5 10 0 0 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 16Q1 16Q2 16Q3 16Q4 17Q1 17Q2 $38bln CFFO (4 quarters Cash flow from operations excluding working capital rolling) at <$50/bbl Cash flow from operations excluding wo
Slide 7: Cash flow priorities 2016-18
Cash flow priorities 2016-18 1 2 3 Priorities Buybacks Debt reduction Dividends for cash & capital investment Reduce capital Reduce operating Deliver new Divestments Powerful levers to underpin investment costs projects financial framework 2016-18: $30 billion Capital discipline “Lower forever” ~$10
Slide 8: Cash performance and distributions
Q2 2017 Sources and uses of cash – 4 quarters rolling Dividend + gearing Cash $ billion $ billion % performance and distributions DOWNSTREAM /CORPORATE IG 26.4 UPSTREAM 4 quarters rolling: Cash dividend covered at oil price below $50/bbl Gearing reduced to 25.3% Interest paid Debt repayments & D
Slide 9: Transformation: World-class investment case
Transformation: World-class 2013-2015 Q2’17 2019-2021 investment case average 4Q rolling average ROACE 8% 4.2% ~10% Organic free cash $5 billion p.a. $16.6 billion $20-25 billion p.a. flow Brent ~$90 ~$50 ~$60 “We are reshaping Shell into a more focused and resilient company” FCF growth Ben van Be
Slide 10: Royal Dutch Shell October 3, 2017
Royal Dutch Shell October 3, 2017
Royal Dutch Shell — Investor Presentation (October 2017) on 6ix