120 likes | 229 Views
Energy Inc. Forging Growth in an Uncertain World. New York Society of Financial Analysts Annual Update Spring 1999. Energy Inc. is. A diversified global energy concern Assets of $23.5 billion Total revenues of $21.0 billion Operating income of $1.8 billion
E N D
Energy Inc.Forging Growth in anUncertain World New York Societyof Financial AnalystsAnnual UpdateSpring 1999
Energy Inc. is... • A diversified global energy concern • Assets of $23.5 billion • Total revenues of $21.0 billion • Operating income of $1.8 billion • Crude oil production, refining, marketing • Natural gas production, gathering, processing, transportation • Power production • Gas, power, liquids marketing NYSE Symbol “EI”
…a Worldwide... Worldwide HQ: Houston Growth Targets NORTH AMERICA Oil and gas E&P, R&M; pipelines; power generation and marketing; environmental services INDONESIA Oil and gas exploration and production Argentina Gas E&P; pipelines; power generation and marketing UNITED KINGDOM Power generation, marketing; natural gas marketing
...Emerging Leader... • In 1997 Return on Capital Employed (ROCE), Energy Inc. moved ahead of other competitors and is in the rank of world performers. • Note: ROCE computed w/o minority interest
Energy Pipe, N.A. Energy Asia Energy del Sur Energy Inc. Power EastCan Power (Canada) Energy, U.K. Energy del Sur Challenge Partners Challenge Partners Europe Energy Inc. N.A. Success Exploration Bold Oil & Gas Energy Asia (Indonesia) Energy del Sur (Argentina) Environmental Services EcoServices, LLC Marginal Refining, N.A. Energy Asia …in Value Chain Development... Major Divisions Natural Gas and Power Marketing Gathering, Processing Power Generation Gas Stream Pipelines Oil and Gas Exploration and Production Challenge Partners Refined Products, Natural Gas Liquids Marketing Refining Oil Stream
..to Meet Energy Needs in the 21st Century... Worldwide production in mb/d (oil, refining throughput and LPG); mmcf/d (natural gas); and megawatts (electric power).
…and Create Value for Shareholders. • Energy Inc. demonstrated one of the best performances in 1997 for Net Income per Share of Common Stock. • Our 432,000 shareholders and 16,100 employee-owners hold $25.59 per share of equity.
We Care about the World of Energy... • Our philosophy-- • Support market development • Maintain the highest environmental standards • Maintain strict corporate governance and ethical standards • Operate profitably!
...and the World of People. • Our international community associations-- • Habitat for Humanity • Doctors Without Borders • Nature Conservancy International • An Energy Inc. initiative-- • Estudios de Energía, integrated masters program in commercial practices for emerging professionals, Rio de Janeiro
Our Long-Term Business Strategies • Achieve reserves replacement through key frontier investments • Consolidate our natural gas businesses and focus on the gas value chain • Expand our electric power operations to add value • Grow our liquids businesses in intermediate markets • Establish a corporate-wide environmental audit • Initiate a long-term energy business transition plan for a sustainable future
Our Long-Term People Strategies • Energy Inc. has achieved our 1997 performance while increasing our labor force by 3.5 percent • Our goals-- • Continue to build our human capital • Encourage creativity and innovation • Foster diversity and intellectual enrichment • Have fun!