Investor Presentaiton
Upstream cash flow outlook.
Delivering value and strengthening cash flow from operating activities
Average annual cash from operating activities at $US 60 WTI
$B
4
2
■ Cash flow outlook strengthened vs prior
outlook by 15% (ex. market factors)
▷ Progressing cost improvements - 9% reduction
> Increased production outlook - 3% increase
Pipeline of highly accretive investments
Improved resiliency to low prices.
> Focused on lowering unit cash costs
Strategy delivering results
0
Prior Outlook
(21-25 avg)
Volume Growth Operating
Efficiencies
Market Factors Current Outlook
(22-26 avg)
Prior outlook refers to 2020 Investor Day, $US 60 WTI scenario, $US 15 WCS differential, $US 0.75 exchange rate.
Current outlook is based on $US 60 WTI, $US 12 WCS differential, $US 0.8 exchange rate.
Imperial | 2022 | 26View entire presentation