Investor Presentation
ENERGY EVOLUTION
NATURAL RESOURCES
INTRO
SUPERIOR UPSTREAM PORTFOLIO
FEEDING OUR GROWTH
FOCUS ON EFFICIENCY
& COMPETITIVENESS
Rolling averages of technical costs ($/BOE)*
40
2018-20 2019-21 2020-22
UNEQUALLED PAST AND
PRESENT QUALITY OF ASSETS
Impairments reported in 2017-2022 (B$)
30
50
ADDING HIGH VALUE
RESERVES
DNCF/BOE OF PROVED RESERVES,
AVG 2018-22 ($/BOE)
8.8
FINANCIALS
TECHNOLOGY
11
<24
HIGH-QUALITY OF PORTFOLIO
with lowest technical costs in
the sector with a flat trend
Peer 7
4.5
Peer 6
Peer 5
Peer 4
Peer 3
Peer 2
Peer 1
Peer 7
A RESILIENT PORTFOLIO
regularly stress tested with
lowest carbon scenario
*Based on company disclosed data adjusted for consistent comparison basis.
Peers include BP, Chevron, ConocoPhillips, Equinor, Exxon Mobil, Shell and Total Energies. Discounted Net Cash flow data are after tax amounts.
Impairment data are net pre-tax amounts. Source: annual reports or quarterly result announcements (perimeters may differ from peer to peer).
Peers for impairments and DCNF/boe include BP, Chevron, ConocoPhillips, Equinor, ExxonMobil, Shell and TotalEnergies.
7.6
Eni
Peers
FAST, COMPETITIVE
AND SUSTAINABLEView entire presentation