Origin Energy Limited · ASX:ORG
Origin Energy — Macquarie Connections 12th Annual Australia Conference 2011
18 slides from Origin Energy's conference presentation, May 4, 2011
Slide 1: ASX announcement cover note
For personal use only To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 4 May 2011 From Helen Hardy Pages 18 Subject PRESENTATION Attached for your information is a presentation being made today at the Macquarie Connections 12th Annual Australia Conference in Sydney by
Slide 2: Origin Energy: From where will the fuel come?
For personal use only Origin Energy From where will the fuel come? Macquarie Connections 12th Annual Australia Conference | Sydney, 4-6 May 2011
Slide 3: Important Notice
Important Notice This presentation does not constitute investment advice, or an inducement or recommendation to acquire or dispose of any securities in Origin, in any jurisdiction (including the USA). This presentation is for information purposes only, is in a summary form, and does not purport to b
Slide 4: Origin's proposition to shareholders is steady and predictable cashflows
Origin’s proposition to shareholders is steady and predictable cashflows with EPS growth averaging 10-15% per annum For personal use only Total Shareholder Return - Origin and S&P/ASX 100 Index 1,800 1,600 • Market capitalisation has Origin Energy grown around 20 fold to 1,400 over $17 billion S&P/A
Slide 5: An investment in Origin today provides a stake in
An investment in Origin today provides a stake in … For personal use only • Australia’s leading integrated energy company • Largest retail energy customer base • Large and diversified generation portfolio across the National Electricity Market • Diversified fuel supply position with substantial equi
Slide 6: Origin's acquisition of the NSW energy assets was completed on 1 March 2011
Origin’s acquisition of the NSW energy assets was completed on 1 March 2011 … For personal use only • An effective and cooperative handover of assets has resulted in a smooth transition • The Transition Services Agreements are supporting Origin’s new retail businesses well • The transaction has prov
Slide 7: Origin has emerged as the market leading retailer
Over this period Origin has emerged as the market leading retailer For personal use only Electricity and Gas Market Share in the National Electricity Market regions 1998 Current Origin 4% Origin 33% Market data as at 30 June 2010; Percentages are based on Origin- estimated customer accounts numbers
Slide 8: Origin has developed a unique generation portfolio
Origin has also developed a unique generation portfolio through both organic growth and acquisition … For personal use only SCALE FLEXIBILITY DIVERSITY NEM Market Share of MWOrigin Generation Ramp-Up1,2 Origin Generation Capacity1 Generation Capacity1,2 12,000 MW by fuel: Origin Origin 10,000 12,000
Slide 9: Origin has progressively built its fuel position focussing on gas close to markets
Origin has progressively built its fuel position, initially by focussing on gas resources close to markets … East Coast Natural Gas and Ethane For personal use only PJe Origin and APLNG 2P Reserves 1 PJe 2P Reserves2 14,000 14,000 12,000 12,000 10,000 10,000 8,000 8,000 6,000 6,000 4,000 4,000 2,000
Slide 10: Establishing a strong domestic gas position and basis for APLNG
… establishing a strong domestic gas position and the basis for the Australia Pacific LNG project For personal use only PJ CSG 2P and 3P Reserves by Project 15,000 3P 12,000 2P 9,000 3P 2P 3P 3P 6,000 2P 2P 3,000 0 APLNG QCLNG CSLNG GLNG Source: EnergyQuest, February 2011 Over 5,000 PJ is required t
Slide 11: Asian LNG markets are robust, with opportunities for long term contracting
Asian LNG markets are robust, with opportunities for long term contracting … For personal use only Asia LNG Position 300 250 200 mtpa 150 100 50 0 Japan, Contracted Korea, Contracted China, Contracted India, Contracted Rest of Asia, Contracted Total Demand Uncontracted Demand Source: Wood Mackenzie,
Slide 12: APLNG has made significant progress over the last months
APLNG has made significant progress over the last 12 months … For personal use only Timing • APLNG has signed a binding Sale Milestone (Calendar and Purchase agreement with Years) Sinopec for the supply of 4.3 mtpa of LNG for 20 years1 Initial Advice Statement (IAS) submitted Q1 2009 • APLNG and S
Slide 13: Having recently secured environmental approvals and a foundation customer
Having recently secured environmental approvals and a foundation customer … For personal use only • The next steps for APLNG in the development of its CSG to LNG project include: - Finalisation of the conditions precedent in relation to the Sale and Purchase Agreement and Subscription Agreement with
Slide 14: From where will the fuel come? to meet future energy needs
Origin has always focussed on the strategic question “from where will the fuel come?” to meet future energy needs For personal use only Source: BP Statistical Review of World Energy June 2010. • Origin continues to focus on addressing this question in domestic markets in Australia and New Zealand, a
Slide 15: Origin has expanded its exploration & development portfolio
Origin has expanded its exploration & development portfolio focussing on gas close to markets … For personal use only In joint ventures with experienced operators including: • ConocoPhillips (CSG/LNG) • Anadarko (NZ) • Apache (Kenya) • Salamander (SE Asia) … and in prospective areas where shortages
Slide 16: Identifying, creating and adding value to new resource positions
In addressing the world’s future energy needs Origin is identifying, creating and adding value to new resource positions For personal use only WIND GEOTHERMAL HYDRO SOLAR • Owns and operates • Exposure to 290 MW of • Holds interests in 750 • Installs solar Cullerin Range wind geothermal generation M
Slide 17: Origin has consistently delivered on its proposition to shareholders
Origin has consistently delivered on its proposition to shareholders For personal use only • Financial Objectives Underlying Profit - Steady and predictable cashflows 700 Underlying Profit CAGR 23%1 - EPS growth of 10-15% pa on average 600 (Earnings per Share CAGR: 17%1) 500 • Business Strategy $ mi
Slide 18: Thank you
For personal use only Thank you Further Information Angus Guthrie Group Manager, Investor Relations Email: angus.guthrie@originenergy.com.au Office: +61 2 8345 5558 Mobile: + 61 417 864 255 Website www.originenergy.com.au 17 |
Origin Energy — Macquarie Connections 12th Annual Australia Conference 2011 on 6ix