BP plc · LSE:BP.
BP — Investor Day (September 2020)
7 slides from BP's investor day presentation, September 2020
Slide 1: bp capital markets days
bp capital markets days Bernard Looney Chief executive officer
Slide 2: Cautionary statement
Cautionary statement Forward-looking statements - cautionary statement In order to utilize the ‘safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995 (the ‘PSLRA’) and the general doctrine of cautionary statements, bp is providing the following cautionary stat
Slide 3: Our strategy – an IEC delivering solutions for customers
Our strategy – an IEC delivering solutions for customers Low carbon Convenience Resilient and focused electricity and energy and mobility hydrocarbons Low carbon electricity Advancing growth Continued rigour in safety markets and operations Integrated gas Redefining convenience Driving e
Slide 4: Financial frame
Financial frame Firm principles and priorities A coherent approach to capital A resilient balance sheet with A disciplined approach to allocation with a clear set of a strong investment grade investment with clear criteria priorities for the uses of cash credit rating and a rigorous process Resilien
Slide 5: Our investor proposition
Our investor proposition Resilient dividend of 5.25 cents per Committed share per quarter¹ distributions >60% surplus cash as share buybacks² 7-9% EBIDA³ Profitable per share CAGR⁴ growth Growing ROACE to 12-14%⁵ >20% capital Sustainable employed in transition⁶ value (1) Dividend per ordinary share
Slide 6: Why is reducing oil and gas production 40% by 2030 the right thing to do?
Why is reducing oil and gas production 40% by 2030 the right thing to do? How will we transition our cashflow from hydrocarbons to low carbon over the next decade? How achievable is your renewable ambition? Can we deliver the 8-10% returns from renewables? Why bp, what is our competitive advantage r
Slide 7: The team
The team David Eyton Geoff Morrell EVP, innovation & engineering Emma Delaney EVP, communications Giulia Chierchia EVP, customers & advocacy Murray Auchincloss EVP, strategy & & products Chief financial officer William Lin sustainability Eric Nitcher EVP, regions, EVP, Legal cities & solutions Carol