Omv Ag · VIE:OMV

Omv — Q3 2018 Earnings Presentation

26 slides from Omv's earnings presentation, Oct 31, 2018

  1. Slide 1: OMV Q3/18 Results Conference Call

    OMV Q3/18 Results Conference Call October 31, 2018 Rainer Seele Chairman of the Executive Board and CEO The spoken word applies 1/26 | OMV Group

  2. Slide 2: OMV Q3/18 Results Conference Call, October 31, 2018 2/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 2/26 | OMV Group

  3. Slide 3: Macro environment – Higher oil and gas prices, healthy refining margins

    OMV Q3/18 Results Conference Call, October 31, 2018 Ladies and gentlemen, Good morning and thank you for joining us. In Q3, we continued to deliver on our strategy. After a strong first half, OMV was again able to achieve a very strong operational performance, driving results and cash generation. Be

  4. Slide 4: OMV Q3/18 Results Conference Call, October 31, 2018 4/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 4/26 | OMV Group

  5. Slide 5: Key messages

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 4: Key messages Let me now briefly point out the highlights of the third quarter of 2018. OMV delivered a clean CCS Operating Result of more than one billion Euros. Ladies and gentlemen, this is a record in a decade! The last time we achieved

  6. Slide 6: OMV Q3/18 Results Conference Call, October 31, 2018 6/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 6/26 | OMV Group

  7. Slide 7: Balanced and upgraded portfolio in Upstream, expected exit rate of 500 kboe/d

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 5: Balanced and upgraded portfolio in Upstream, expected exit rate of 500 kboe/d this year At our Capital Markets Day this March, we announced to reach a production of 500 thousand barrels per day by 2020. I am delighted to announce that this

  8. Slide 8: OMV Q3/18 Results Conference Call, October 31, 2018 8/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 8/26 | OMV Group

  9. Slide 9: Clean CCS Operating Result of more than EUR 1 bn achieved

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 6: Clean CCS Operating Result of more than EUR 1 bn achieved Let’s now turn to our financial performance in the third quarter of 2018. The clean CCS Operating Result increased to one billion and 50 million Euros from 804 million Euros in the

  10. Slide 10: OMV Q3/18 Results Conference Call, October 31, 2018 10/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 10/26 | OMV Group

  11. Slide 11: Upstream – Benefitting from higher oil prices and an improved operational performance

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 7: Upstream – Benefitting from higher oil prices and an improved operational performance Let me now come to the performance of our two business segments. Upstream experienced a strong quarter driven by higher prices and an improved operationa

  12. Slide 12: OMV Q3/18 Results Conference Call, October 31, 2018 12/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 12/26 | OMV Group

  13. Slide 13: Downstream – Strong earnings despite higher oil price environment

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 8: Downstream – Strong earnings despite higher oil price environment OMV’s Downstream Oil result came in at 458 million Euros, slightly higher than in the previous year’s quarter. Despite the continued high oil price environment, OMV’s refini

  14. Slide 14: OMV Q3/18 Results Conference Call, October 31, 2018 14/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 14/26 | OMV Group

  15. Slide 15: Strong cash generation – Balanced free cash flow despite record dividends and Abu Dhabi acquisition

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 9: Strong cash generation – Balanced free cash flow despite record dividends and Abu Dhabi acquisition Let’s now continue with cash flow. In the first nine months of this year, cash flow from operating activities increased to 3.3 billion Euro

  16. Slide 16: OMV Q3/18 Results Conference Call, October 31, 2018 16/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 16/26 | OMV Group

  17. Slide 17: Healthy balance sheet with cash position of EUR 3.4 bn

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 10: Healthy balance sheet with cash position of EUR 3.4 bn OMV’s balance sheet remained very healthy and showed strong liquidity with a cash position of 3.4 billion Euros. At the end of the quarter, net debt amounted to 2.3 billion Euros. The

  18. Slide 18: OMV Q3/18 Results Conference Call, October 31, 2018 18/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 18/26 | OMV Group

  19. Slide 19: Updated Outlook 2018

    OMV Q3/18 Results Conference Call, October 31, 2018 Slide 11: Updated Outlook 2018 Let me conclude with the updated outlook. Over the last months, we have seen a substantial increase in oil prices with Brent peaking above 85 Dollars. Based on this, we have updated the oil price forecast to 74 Dollar

  20. Slide 20: OMV Q3/18 Results Conference Call, October 31, 2018 20/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 20/26 | OMV Group

  21. Slide 21: OMV Q3/18 Results Conference Call, October 31, 2018 21/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 21/26 | OMV Group

  22. Slide 22: OMV Q3/18 Results Conference Call, October 31, 2018 22/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 22/26 | OMV Group

  23. Slide 23: OMV Q3/18 Results Conference Call, October 31, 2018 23/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 23/26 | OMV Group

  24. Slide 24: OMV Q3/18 Results Conference Call, October 31, 2018 24/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 24/26 | OMV Group

  25. Slide 25: OMV Q3/18 Results Conference Call, October 31, 2018 25/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 25/26 | OMV Group

  26. Slide 26: OMV Q3/18 Results Conference Call, October 31, 2018 26/26 | OMV Group

    OMV Q3/18 Results Conference Call, October 31, 2018 26/26 | OMV Group

OMV — Q3 2018 Earnings Presentation on 6ix