Equinor Asa · OSL:EQNR
Equinor Asa — Investor Presentation (February 2019)
10 slides from Equinor Asa's investor presentation, Feb 6, 2019
Slide 1: Capital markets update
e acy equinor Capital markets update February 06, 2019 London, United Kingdom
Slide 2: Forward-looking statement
Forward-looking statement This presentation contains certain forwarctlooking statements that involve risks and uncertainties. In some cases, we use words such as “ambition’. ‘continue’, ‘could’, ‘estimate’, ‘expect’ "believe", focus’, "ikely’, ‘may’, ‘outlook’, ‘plan’, ‘strategy’. “will. "guidance"
Slide 3: Applying the best of Equinor internationally
NY equinor Applying the best of Equinor internationally Torgrim Reitan Executive Vice President, Development & Production International
Slide 4: Growing cash flow and improving robustness
Growing cash flow and improving robustness Cash flow from operations ~50 USD per boe 2018 After tax. Based or volumes. Excluding e \ctual prices and entitlement xxploration costs, 4 | byTorgrim Reitan Executih Net cash flow ~10 bn USD 2019-21 Based on USD 70 perbbl exc! transactions. Excluding explo
Slide 5: Strong improvements in USA
Strong improvements in USA Earnings break-even improved USD per boe from 90 to 50 Oil price needed NOI = 0 92 ~47T% reduction 2014 2018 Adjusted NO}, excluding exploration and downstream. Assumes product cand gas prices correlate with WT! price. Cash margin tripled More than 50% growth USD per boe k
Slide 6: Applying the best of Equinor
Applying the best of Equinor Operational excellence World class recovery Leading project delivery Premium market access Digital leader Torgrim Reitan equinor ** Operated equity Record high Break-even improvement production by 2025 production since CMU 2017 ~40 wa ~14 Percent kboe per day in 2018 Per
Slide 7: Growing with quality
equinor ** Rosebank Mariner __ North Komsomolskoye Bay du Nord Some — cs Growing with quality Equity production, DPI kboe per day! Louisiana ~ Austin Chalk > ol Azeri Central East Platform 900 600 ¥ - %. XN Oe %@__ Tanzania LNG Project 300 ; Sd North Platte Nnwa-Doro Angola satellites . ¥ 2019 2021
Slide 8: Applying the best of Equinor internationally
Applying the best of Equinor internationally 8 | by TorgrimReitan Exec Open
Slide 9: Investor Relations in Equinor
equinor ** Investor Relations in Equinor E-mail: irpost@equinor.com Investor Relations Europe Peter Hutton Senior Vice President phutt@equinor.com +44 7881 918792 Lars Valdresbraten IR Officer lava@equinor.com +47 40 281789 Erik Gonder IR Officer ergon@equinor.com +47 99 56 26 11 Ida Marie Fjellheim
Slide 10: Capital markets update
equinor Capital markets update February 06, 2019 © Equinor ASA This presentation, incading the contents and crrangement ofthe contents of each ncvual page or the colecton ofthe pages is ned by Equnor. Copyright to oll material ncucng, but nt iit to, writen material photographs drawings. mages, table