Investor Presentaiton
Elements of 2020 Cost Savings & Cash Flow Enhancements
$360 Million Potential Improvement vs. Original Guidance
Cost Savings + Cash Enhancements Already Realized YTD
Expected Remaining Cost Savings + Cash Enhancements for H2 2020
$450
$400
($ in millions)
Total Expected 2020 Cost Savings + Cash Flow Enhancements
~50% of midpoint of original 2020 D/C/E CapEx Guidance
D/C/E Capital Expenditure Budget originally
reduced 35% from $720 million to $470 million
$350
$15
$300
$40
$11
$4
$12
$250
$28
$250
$3
Cost Savings + Cash Flow Enhancements, $ millions
$200
$150
$247
$100
$50
$0
D/C/E Capital
Expenditure
Reductions
Operating Cost
Reductions
(LOE / G&A)
$20
$360
$15
$13
$20
$32
$7
$328 million in Cost Savings + Cash Flow
Enhancements already realized YTD
$328
Discretionary
Land/Seismic
Expenditure
Reductions +
EF/HV
Transactions
Miscellaneous
Cash Flow
Improvements
Incentive Payments
from Five Point
Incremental
Cash Flow
Enhancements
in H2 2020
Updated Est.:
Cost Savings +
Cash Flow
Enhancements
Matador 13
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