Simon Henry, Chief Financial Officer of Royal Dutch Shell plc hosted media and analyst audio webcasts of the first quarter 2016 results on Wednesday May 4, 2016.
Royal Dutch Shell plc third quarter 2016 results analyst webcast presentationShell plc
Simon Henry, Chief Financial Officer of Royal Dutch Shell plc will host a live audio webcast of the third quarter 2016 results on Tuesday November 1, 2016.
Royal Dutch Shell plc 2014 Management Day analyst webcastShell plc
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live video webcast of the 2014 management day presentation on Thursday March 13, 2014 at 13:00 GMT (14:00 CET / 09:00 EDT).
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live analyst video webcast of the 2016 fourth quarter and full year results on Thursday February 2, 2017.
Royal Dutch Shell plc first quarter 2017 results analyst webcast presentationShell plc
Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc hosted a live audio webcast of the first quarter 2017 results on Thursday May 4, 2017 at 13:30 BST (14:30 CEST / 08:30 EDT).
For more information, see http://www.shell.com/results
Royal Dutch Shell plc Brazil shareholder visit 2016Shell plc
On 9, 10, 11 November 2016, Shell holds a field visit for shareholders in Brazil. During the visit, shareholders attend presentations given by senior Shell representatives, which focus on Shell’s operations in Brazil.
Royal Dutch Shell plc 2016 Management Day Shell plc
Royal Dutch Shell plc provided an update on the company during Management Day on Tuesday November 8, 2016. Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live audio webcast of Management Day.
Royal Dutch Shell plc capital markets day 2016 Shell plc
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live analyst video webcast of the Capital Markets Day on Tuesday June 7, 2016, providing an update on the company’s strategy, that sets a clear course for stronger returns and free cash flow.
Royal Dutch Shell plc third quarter 2016 results analyst webcast presentationShell plc
Simon Henry, Chief Financial Officer of Royal Dutch Shell plc will host a live audio webcast of the third quarter 2016 results on Tuesday November 1, 2016.
Royal Dutch Shell plc 2014 Management Day analyst webcastShell plc
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live video webcast of the 2014 management day presentation on Thursday March 13, 2014 at 13:00 GMT (14:00 CET / 09:00 EDT).
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live analyst video webcast of the 2016 fourth quarter and full year results on Thursday February 2, 2017.
Royal Dutch Shell plc first quarter 2017 results analyst webcast presentationShell plc
Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc hosted a live audio webcast of the first quarter 2017 results on Thursday May 4, 2017 at 13:30 BST (14:30 CEST / 08:30 EDT).
For more information, see http://www.shell.com/results
Royal Dutch Shell plc Brazil shareholder visit 2016Shell plc
On 9, 10, 11 November 2016, Shell holds a field visit for shareholders in Brazil. During the visit, shareholders attend presentations given by senior Shell representatives, which focus on Shell’s operations in Brazil.
Royal Dutch Shell plc 2016 Management Day Shell plc
Royal Dutch Shell plc provided an update on the company during Management Day on Tuesday November 8, 2016. Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live audio webcast of Management Day.
Royal Dutch Shell plc capital markets day 2016 Shell plc
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live analyst video webcast of the Capital Markets Day on Tuesday June 7, 2016, providing an update on the company’s strategy, that sets a clear course for stronger returns and free cash flow.
Royal Dutch Shell plc second quarter 2016 results webcast presentationShell plc
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live audio webcast of the second quarter 2016 results on Thursday July 28, 2016
Socially responsible investors briefing in London, April 14, 2015Shell plc
Ben van Beurden, Chief Executive Officer and Chad Holliday, Non-Executive Director and Chairman of the Corporate and Social Responsibility Committee presented to Shell’s socially responsible investors in London during the annual socially responsible investors briefing. The event also included a short presentation on climate change.
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosts a video webcast of the fourth quarter 2014 and full year results on Thursday January 29, 2015.
See http://www.shell.com/results for more information.
Shell Socially responsible investors briefing in London - May 11, 2016Shell plc
Ben van Beurden, Chief Executive Officer, Hans Wijers, Non-Executive Director and Chair of the Corporate and Social Responsibility Committee and Harry Brekelmans, Director Projects and Technology, presented to Shell’s Socially Responsible Investors in London during the annual socially responsible investors briefing.
Royal Dutch Shell plc second quarter 2014 results analyst webcast presentationShell plc
Ben van Beurden, CEO of Royal Dutch Shell plc, and Simon Henry, CFO of Royal Dutch Shell plc, presented the Royal Dutch Shell plc second quarter 2014 results on July 31, 2014.
Shell gives green light to invest in LNG CanadaShell plc
Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc and Maarten Wetselaar, Integrated Gas & New Energies Director, will host a live audio webcast on Tuesday October 2, 2018 at 14:00 BST (15:00 CEST / 09:00 EDT / 06:00 PDT) about the final investment decision (FID) on LNG Canada on October 2, 2018.
Royal Dutch Shell plc Investor Day in New York, September 5, 2014Shell plc
Shell’s management hosted an investor day in New York on September 5, 2014, including presentations by Ben Van Beurden, Chief Executive Officer of, Simon Henry, Chief Financial Officer of, Marvin Odum, Upstream Americas Director of, and John Abbott, Downstream Director of Royal Dutch Shell plc.
Shell Socially responsible investors briefing in London - April 24, 2017Shell plc
Ben van Beurden, Chief Executive Officer, Hans Wijers, Non-Executive Director and Chair of the Corporate and Social Responsibility Committee, Donny Ching, Legal Director, and Guy Outen, EVP Strategy and Portfolio, presented to Shell’s Socially Responsible Investors in London during the annual socially responsible investors briefing.
Shell scenarios, modelling and decision-makingShell plc
Presentation by Guy Outen (EVP Strategy and Portfolio) and Wim Thomas (Chief Energy Adviser) on September 8, 2017, providing an overview of how Shell quantifies scenarios, using its own detailed energy models, and their use in strategy setting and portfolio decision-making.
Shell responsible investor briefing in London – April 16, 2018Shell plc
Ben van Beurden, Chief Executive Officer, Hans Wijers, Non-Executive Director and Chair of the Corporate and Social Responsibility Committee, Harry Brekelmans, Projects & Technology Director, Donny Ching, Legal Director, and Maarten Wetselaar, Integrated Gas & New Energies Director, presented in London during the annual responsible investors briefing.
Royal Dutch Shell plc second quarter 2016 results webcast presentationShell plc
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosted a live audio webcast of the second quarter 2016 results on Thursday July 28, 2016
Socially responsible investors briefing in London, April 14, 2015Shell plc
Ben van Beurden, Chief Executive Officer and Chad Holliday, Non-Executive Director and Chairman of the Corporate and Social Responsibility Committee presented to Shell’s socially responsible investors in London during the annual socially responsible investors briefing. The event also included a short presentation on climate change.
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc hosts a video webcast of the fourth quarter 2014 and full year results on Thursday January 29, 2015.
See http://www.shell.com/results for more information.
Shell Socially responsible investors briefing in London - May 11, 2016Shell plc
Ben van Beurden, Chief Executive Officer, Hans Wijers, Non-Executive Director and Chair of the Corporate and Social Responsibility Committee and Harry Brekelmans, Director Projects and Technology, presented to Shell’s Socially Responsible Investors in London during the annual socially responsible investors briefing.
Royal Dutch Shell plc second quarter 2014 results analyst webcast presentationShell plc
Ben van Beurden, CEO of Royal Dutch Shell plc, and Simon Henry, CFO of Royal Dutch Shell plc, presented the Royal Dutch Shell plc second quarter 2014 results on July 31, 2014.
Shell gives green light to invest in LNG CanadaShell plc
Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc and Maarten Wetselaar, Integrated Gas & New Energies Director, will host a live audio webcast on Tuesday October 2, 2018 at 14:00 BST (15:00 CEST / 09:00 EDT / 06:00 PDT) about the final investment decision (FID) on LNG Canada on October 2, 2018.
Royal Dutch Shell plc Investor Day in New York, September 5, 2014Shell plc
Shell’s management hosted an investor day in New York on September 5, 2014, including presentations by Ben Van Beurden, Chief Executive Officer of, Simon Henry, Chief Financial Officer of, Marvin Odum, Upstream Americas Director of, and John Abbott, Downstream Director of Royal Dutch Shell plc.
Shell Socially responsible investors briefing in London - April 24, 2017Shell plc
Ben van Beurden, Chief Executive Officer, Hans Wijers, Non-Executive Director and Chair of the Corporate and Social Responsibility Committee, Donny Ching, Legal Director, and Guy Outen, EVP Strategy and Portfolio, presented to Shell’s Socially Responsible Investors in London during the annual socially responsible investors briefing.
Shell scenarios, modelling and decision-makingShell plc
Presentation by Guy Outen (EVP Strategy and Portfolio) and Wim Thomas (Chief Energy Adviser) on September 8, 2017, providing an overview of how Shell quantifies scenarios, using its own detailed energy models, and their use in strategy setting and portfolio decision-making.
Shell responsible investor briefing in London – April 16, 2018Shell plc
Ben van Beurden, Chief Executive Officer, Hans Wijers, Non-Executive Director and Chair of the Corporate and Social Responsibility Committee, Harry Brekelmans, Projects & Technology Director, Donny Ching, Legal Director, and Maarten Wetselaar, Integrated Gas & New Energies Director, presented in London during the annual responsible investors briefing.
The global liquefied natural gas (LNG) market has continued to defy expectations, growing by 29 million tonnes in 2017, according to Shell's latest LNG Outlook. Based on current demand projections, Shell sees potential for a supply shortage developing in the mid-2020s, unless new LNG production project commitments are made soon.
Shell responsible investor briefing in London – April 16, 2018Shell plc
Ben van Beurden, Chief Executive Officer, Hans Wijers, Non-Executive Director and Chair of the Corporate and Social Responsibility Committee, Harry Brekelmans, Projects & Technology Director, Donny Ching, Legal Director, and Maarten Wetselaar, Integrated Gas & New Energies Director, presented in London during the annual responsible investors briefing.
Royal Dutch Shell plc third quarter 2020 resultsShell plc
On Thursday October 29, 2020 Royal Dutch Shell plc released its third quarter results and third interim dividend announcement for 2020.
Ben van Beurden, (CEO, Royal Dutch Shell plc) and Jessica Uhl (CFO, Royal Dutch Shell plc) host a results analyst webcast of the third quarter 2020 results.
Peter Voser, CEO of Royal Dutch Shell, presented the Royal Dutch Shell fourth quarter 2012 results and Strategy update to Analysts on January 31, 2013.
On Thursday February 3ʳᵈ 2022 at 07:00 GMT (08:00 CET and 02:00 EST) Shell plc will release its fourth quarter results and fourth quarter interim dividend announcement for 2021.
Royal Dutch Shell plc second quarter 2021 results slidesShell plc
On Thursday July 29, 2021 at 07:00 BST (08:00 CEST and 02:00 EDT) Royal Dutch Shell plc releases its second quarter results and second quarter interim dividend announcement for 2021. These are the Quarterly slides for Q2 2021.
Royal Dutch Shell plc - Enhanced disclosures webcastShell plc
On Tuesday, May 4 Tjerk Huysinga, Executive Vice President Investor Relations, Sinead Gorman, Executive Vice President Finance Upstream, Brian Eggleston, Executive Vice President Finance Downstream, Frank Lemmink, Executive Vice President Finance Integrated Gas and Renewables and Energy Solutions and Roland Ilube, Senior Vice President Finance Mobility host an enhanced quarterly disclosures webcast.
Royal Dutch Shell plc first quarter 2021 results slidesShell plc
On Thursday April 29, 2021 at 07:00 BST (08:00 CEST and 02:00 EDT) Royal Dutch Shell plc released its first quarter results and first quarter interim dividend announcement for 2021. These are the Quarterly slides for Q1 2021.
Ben van Beurden (CEO, Royal Dutch Shell plc) and Jessica Uhl (CFO, Royal Dutch Shell plc) host the analyst webcast of the fourth quarter 2020 results on Thursday February 4th, 2021.
Ben van Beurden (CEO, Royal Dutch Shell plc) and Jessica Uhl (CFO, Royal Dutch Shell plc) host the analyst webcast of the fourth quarter 2020 results on Thursday February 4th, 2021.
Royal Dutch Shell plc second quarter 2020 resultsShell plc
On Thursday July 30, 2020 Royal Dutch Shell plc released its second quarter results and second interim dividend announcement for 2020.
Ben van Beurden, (CEO, Royal Dutch Shell plc) and Jessica Uhl (CFO, Royal Dutch Shell plc) hosted a teleconference and audio webcast of the second quarter 2020 results on Thursday July 30, 2020.
Responsible Investment Annual Briefing – April 16, 2020Shell plc
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc, hosts the Responsible Investment Annual Briefing as a live audio webcast on Thursday April, 16 2020 at 11:00 BST / 12:00 CEST / 06:00 EDT.
Royal Dutch Shell fourth quarter 2019 resultsShell plc
On Thursday January 30, 2020 at 07.00 GMT (08.00 CET and 02.00 EST) Royal Dutch Shell plc released its fourth quarter, full year results and fourth quarter interim dividend announcement for 2019.
Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc and Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc host audio webcasts of the fourth quarter 2019 results on Thursday January 30, 2020.
See https://www.shell.com/results for more information.
Royal Dutch Shell third quarter 2019 resultsShell plc
On Thursday October 31, 2019 at 07.00 GMT (08.00 CET and 03.00 EDT) Royal Dutch Shell plc released its third quarter results and third quarter interim dividend announcement for 2019.
Jessica Uhl, Chief Financial Officer of Royal Dutch Shell plc hosted a live audio webcast of the third quarter 2019 results.
The full results can be found on https://www.shell.com/results
Royal Dutch Shell plc Downstream Open House webcastShell plc
John Abbott, Downstream Director of Royal Dutch Shell plc host s a live analyst video webcast of the Downstream Open House for investors on Wednesday March 21, 2018 10:30 GMT (11:30 CET / 06:30 EST).
The Downstream Open House day has been designed to:
- Gain a better understanding of the Shell Downstream business and what sets us apart
- Hear new disclosures relating to investment, growth and new revenue streams
- Find out why our Downstream business remains resilient to crude prices and economic cycles
- Engage in open and focused dialogue with the Shell Downstream Leadership Team
John Abbott will be joined by: Huibert Vigeveno, EVP Global Commercial; István Kapitány, EVP Retail; Lori Ryerkerk, EVP Manufacturing; Andrew Smith, EVP Trading & Supply; Graham van’t Hoff, EVP Chemicals; Bjorn Fermin, EVP Downstream Finance; and Gerard Penning, EVP Downstream Human Resources.
Collective Mining | Corporate Presentation - May 2024
Royal Dutch Shell plc first quarter 2016 results presentations
1. 1Copyright of Royal Dutch Shell plc May 4, 2016
COMPANY UPDATE
FIRST QUARTER 2016 RESULTS
ROYAL DUTCH SHELL
4 MAY 2016
2. 2Copyright of Royal Dutch Shell plc May 4, 2016
SIMON HENRY
CHIEF FINANCIAL OFFICER
ROYAL DUTCH SHELL PLC
3. 3Copyright of Royal Dutch Shell plc May 4, 2016
DEFINITIONS & CAUTIONARY NOTE
Reserves: Our use of the term “reserves” in this presentation means SEC proved oil and gas reserves.
Resources: Our use of the term “resources” in this presentation includes quantities of oil and gas not yet classified as SEC proved oil and gas reserves. Resources are consistent with the Society of
Petroleum Engineers 2P and 2C definitions.
Organic: Our use of the term Organic includes SEC proved oil and gas reserves excluding changes resulting from acquisitions, divestments and year-average pricing impact.
Shales: Our use of the term ‘shales’ refers to tight, shale and coal bed methane oil and gas acreage.
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this document “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used
for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to
those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell
companies” as used in this document refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has
joint control are generally referred to “joint ventures” and “joint operations” respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as
“associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-
party interest.
This document contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact
are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions
and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-
looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs,
estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’,
‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of
factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this document,
including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves
estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets,
and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and
regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the
risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs;
and (m) changes in trading conditions. All forward-looking statements contained in this document are expressly qualified in their entirety by the cautionary statements contained or referred to in this
section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended
December 31, 2015 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify all forward looking statements contained in this document and should be
considered by the reader. Each forward-looking statement speaks only as of the date of this document, 4 May, 2016. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any
obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those
stated, implied or inferred from the forward-looking statements contained in this document.
We may have used certain terms, such as resources, in this document that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.
U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.
.
4. 4Copyright of Royal Dutch Shell plc May 4, 2016
SUMMARY
Business mix underpins results
Downstream + Integrated Gas offsetting Upstream
Underlying CCS earnings $1.6 billion; CFFO $0.7 billion; Q116 dividend $0.47 per share
BG delivering at bottom line
Volume increase + positive earnings impact Q116
Continued drive to re-shape Shell
Reducing costs + capital investment
Portfolio actions
5. 5Copyright of Royal Dutch Shell plc May 4, 2016
Q1 2016
PRICES & MARGINS
Shell oil & gas realisations
$/barrel
Industry refining margins
$/barrel
Industry chemicals margins
$/tonne$/mscf
Oil
Gas (RHS)
US West Coast
US Gulf Coast coking
Rotterdam complex
Singapore
US ethane
Western Europe naphtha
NE/SE Asia naphtha
6. 6Copyright of Royal Dutch Shell plc May 4, 2016
Q1 2016
FINANCIAL HIGHLIGHTS
Earnings and ROACE on CCS basis, excluding identified items
$ billion Q1 2015 Q1 2016
Upstream (0.2) (1.4)
Integrated Gas 1.5 1.0
Downstream (CCS) 2.6 2.0
Corporate & minorities (0.2) (0.0)
CCS net earnings 3.7 1.6
CCS earnings, $ per share 0.59 0.22
Cash flow from operations 7.1 0.7
ROACE (%) 8.9 3.8
Share buy backs 0.4 0
Dividends 2.9 3.7
Dividend, $ per share 0.47 0.47
$ billion
Earnings Q1 2015 to Q1 2016
7. 7Copyright of Royal Dutch Shell plc May 4, 2016
Q1 2016
UPSTREAM RESULTS
Earnings on CCS basis, excluding identified items
Earnings Q1 2015 to Q1 2016
$ billion Significant decline in prices
Lower costs + higher volumes
Environment Choice
8. 8Copyright of Royal Dutch Shell plc May 4, 2016
Q1 2016
INTEGRATED GAS RESULTS
Earnings on CCS basis, excluding identified items
Earnings Q1 2015 to Q1 2016
$ billion Lower oil + gas prices
MLNG Dua expiry
Environment Choice
9. 9Copyright of Royal Dutch Shell plc May 4, 2016
Q1 2016
OIL AND GAS PRODUCTION
LNG liquefaction volumes
million tonnes
Upstream + Integrated Gas – oil & gas
million boe per day
3.00
Choice: +19%
3.25
3.50
3.75
10. 10Copyright of Royal Dutch Shell plc May 4, 2016
Q1 2016
DOWNSTREAM RESULTS
Earnings on CCS basis, excluding identified items
Earnings Q1 2015 to Q1 2016 Earnings mix
$ billion$ billion
Lower industry refining margins
Uplift from lower costs
Marketing
Refining & Trading
Chemicals
11. 11Copyright of Royal Dutch Shell plc May 4, 2016
CASH PERFORMANCE + PAYOUT
Cash investment: Cash flow from investing activities
Cash flow
$ billion
Cash generation – 16Q1 4Q rolling
$ billion
Dividend + buyback
$ billion
Dividend declared
Buyback
CFFO
Cash investment Free cash flow (RHS) Cash investment
CFFO BG – cash element
End period gearing (RHS)
$ billion
%
UPSTREAM
Priorities for cash:
Debt reduction
Dividends
Buybacks + capital investment
IG
DOWNSTREAM
/CORPORATE
Dividend and buyback
12. 12Copyright of Royal Dutch Shell plc May 4, 2016
Q1 2016
BG CONSOLIDATION
Final transaction price: $54 billion
Cash: $19 billion
Equity: $34 billion
Goodwill: $9 billion
Difference between purchase consideration
and fair value of net assets
Market participants view of net asset value
PPA impact in P&L:
Q1 2016: ~$0.2 billion
Q2 2016 + future quarters: ~$0.3 billion
$ billion Q4 2015
BG
fair value
Q1 2016
Assets 340.2 85.4 416.3
Liabilities 176.0 40.3 218.3
Equity 164.2 45.0 198.0
Debt (long +
short term)
58.4 20.3 80.9
Cash and cash
equivalents
31.8 6.8 11.0
Net debt 26.6 13.5 69.9
Capital
employed
222.6 65.3 278.9
Gearing (%) 14.0 26.1
13. 13Copyright of Royal Dutch Shell plc May 4, 2016
COMBINATION WITH BG
*Shell entitlement Q116 522 kboed following 15th of February 2016 close of BG purchase
BG Production
Thousand boe per day
Australia
Others
Positive earnings impact Q1 2016
Production growth 25%: Brazil + Australia
Integration of Shell + BG underway
Australia - QCLNG
Brazil
+25%
Brazil - FPSO
14. 14Copyright of Royal Dutch Shell plc May 4, 2016
Headcount reduction
Supply chain + contractor actions
Divestments
Project re-phasing / deferral
Supply chain savings
Dilutions + exits
2015 BG costs are provisional, subject to conclusion of 2015 annual accounts and audit process
Operating costs Capital investment
$ billion$ billion
-24%
SPENDING UPDATE
-35%
Shell BG
underlying
15. 15Copyright of Royal Dutch Shell plc May 4, 2016
SUMMARY
Business mix underpins results
Downstream + Integrated Gas offsetting Upstream
Underlying CCS earnings $1.6 billion; CFFO $0.7 billion; Q116 dividend $0.47 per share
BG delivering at bottom line
Volume increase + positive earnings impact Q116
Continued drive to re-shape Shell
Reducing costs + capital investment
Portfolio actions
16. 16Copyright of Royal Dutch Shell plc May 4, 2016
QUESTIONS & ANSWERS
FIRST QUARTER 2016 RESULTS
ROYAL DUTCH SHELL PLC
4 MAY 2016
17. 17Copyright of Royal Dutch Shell plc May 4, 2016
Q2 2016 OUTLOOK
Q2 – Q2 OUTLOOK
Upstream
Divestment impact: ~-10 kboe/d
PSC expiry: ~-25 kboe/d
Netherlands gas (NAM) curtailment & underground storage and
Maintenance: ~+60 kboe/d
Integrated gas
Maintenance: ~-30 kboe/d
Downstream
Refinery availability lower
Chemicals availability similar
PPA - after-tax depreciation charge: ~$0.3 billion
Shell + BG earnings sensitivity (2016):
Brent: $10/bbl Brent +/- ~$5 billion earnings per annum
Henry Hub: $1/mmbtu +/- ~$250 million earnings per annum
18. 18Copyright of Royal Dutch Shell plc May 4, 2016
COMPANY UPDATE
FIRST QUARTER 2016 RESULTS
ROYAL DUTCH SHELL
4 MAY 2016