FY19 Q2 Performance Report

MARKET RELEASE
Date: 22 January 2018
NZX: GNE / ASX: GNE
FY19 Q2 PERFORMANCE REPORT

Genesis Energy today released to the NZX/ASX its FY19 Q2 Performance Report for the three months
ended 31 December 2018. The report is available from the Genesis Energy page at www.nzx.com or
https://www.genesisenergy.co.nz/investors/reports-and-presentations#quarterly.

FY19 Q2 Performance Summary

CUSTOMER

Genesis continued to invest in loyalty, customer service and product innovation in the quarter with
Brand NPS up 6 ppts to 8% versus the same time last year, churn down to 17% and dual fuel customer
numbers steadily increasing. Netback margins were up for Electricity and LPG but down for Gas due
to timing of price increases. Notable product campaigns include Bottle Gas Monitoring focused on
the Christchurch area and the Dual Fuel ”Get it all when you go all in” campaign. Energy IQ also
incorporated Gas into the Energy Mix and Home Comparison tools for the first time last quarter.

WHOLESALE

The unprecedented gas and hydro shortage in the quarter resulted in Genesis running two dual fuel
Rankine units at Huntly on coal for long periods. The 5-week planned 400 MW CCGT outage at Huntly
also contributed to a tight market, with Genesis managing risk to its own portfolio through advanced
hedging strategies. Consequently, other market participants called on Genesis for energy and coal
had to be imported to supplement local supplies. Genesis has successfully demonstrated the
importance and value of its fuel diversity as well as a flexible supply chain throughout a volatile
market period.

KUPE

Scheduled statutory maintenance, coinciding with Huntly U5 outage, reduced production at Kupe for
the quarter with gas production down 12% versus the same time last year, and corresponding impacts
on LPG and oil production. LPG yields were up 2.5% whilst oil yield was down due to the natural
decline in the field. Oil sales were down 47% versus the prior comparable period due to the timing of
shipments and reduced field production.

“Genesis’ generation portfolio responded well to a fuel constrained wholesale market demonstrating
the importance and value of fuel diversity coupled with a flexible supply chain during volatile market
conditions” said Tracey Hickman, Executive General Manager – Generation & Wholesale.


ENDS

For media enquiries, please contact:
Emma-Kate Greer
Group Manager Corporate Relations
M: 027 655 4499

For investor relations enquiries, please contact:
Cameron Parker
Investor Relations Manager
Genesis Energy
P: 09 951 9311
M: 021 241 3150

About Genesis Energy

Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy company. It sells electricity, reticulated
natural gas and LPG through its retail brands of Genesis Energy and Energy Online. It is New Zealand’s largest
energy retailer with around 500,000 customers. The Company generates electricity from a diverse portfolio of
thermal and renewable generation assets located in different parts of the country. Genesis Energy also has a
46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of Taranaki, New
Zealand. Genesis Energy had revenue of $NZ2.3bn during the 12 months ended 30 June 2018. More information
can be found at www.genesisenergy.co.nz

---

22 January 2019
FY19 Q2
Performance Report
G E N E S I S E N E R G Y L I M I T E D

FY19
2Q2 PERFORMANCE REPORT
FY19 Q2 Performance Summary
Genesis continued to invest in loyalty, customer service and product innovation in the quarter with
Brand NPS up 6 ppts to 8% versus the same time last year, churn down to 17% and dual fuel
customer numbers steadily increasing.Netback margins were up for Electricity and LPG but down
for Gas due to timing of price increases. Notable product campaigns include Bottle Gas Monitoring
focused on the Christchurch area and the Dual Fuel ”Get it all when you go all in” campaign. Energy
IQ also incorporated Gas into the Energy Mix and Home Comparison tools for the first time last
quarter.
The unprecedented gas and hydro shortage in the quarter resulted in Genesis running two dual fuel
Rankine units at Huntly on coal for long periods. The 5-week planned 400 MW CCGT outage at
Huntly also contributed to a tight market, with Genesis managing risk to its own portfolio through
advanced hedging strategies.Consequently, other market participants called on Genesis for energy
and coal had to be imported to supplement local supplies. Genesis has successfully demonstrated
the importance and value of its fuel diversity as well as a flexible supply chain throughout a volatile
market period.
Scheduled statutory maintenance, coinciding with Huntly U5 outage, reduced production at Kupe for
the quarter with gas production down 12% versus the same time last year, and corresponding
impacts on LPG and oil production. LPG yields were up 2.5% whilst oil yield was down due to the
natural decline in the field. Oil sales were down 47% versus the prior comparable period due to the
timing of shipments and reduced field production.
Genesis’ generation
portfolio responded
well to a fuel
constrained wholesale
market demonstrating
the importance and
value of fuel diversity
coupled with a flexible
supply chain during
volatile market
conditions.
Tracey Hickman, Executive General
Manager –Generation & Wholesale
Customer
Wholesale
Kupe
Wholesale
Wholesale
Kupe
Note: The prior comparable period (PCP) is defined as Q2 FY18, unless an alternative comparison is stated.

Electricity
Netback
Up to $99.80/MWh due to
timing of operating costs
3
Customer Segment Performance
Highs
Lows
4.7%
Gas Sales
1.8 PJ
22.7%
Total
Electricity
Sales
1,415 GWh
LPG Sales
Up to 8.9 ktdue to an
increase in customers
11.8%
0.9%
SME Electricity
Sales
266 GWh
Customers > 1
product
113.5k
7.4 %
DUAL FUEL CUSTOMER NUMBERS & CHURN (3 MONTH ROLLING AVERAGE)
Genesis Churn
1
17.2%
2.5 ppt
FY19
Q2 PERFORMANCE REPORT
1. Genesis residential 3 month rolling average churn (excluding EOL)
0%
2%
4%
6%
8%
10%
12%
14%
102,000
104,000
106,000
108,000
110,000
112,000
114,000
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Churn & Total Customer %
Customer Numbers
Customers > 1 ProductDual Fuel Churn (RHS)
8.4%
Gas Netback
Down to $8.82/GJ due
to timing of price
increases
10.5%

4
Wholesale Segment Performance
Average Price
Received for
Generation
1
$213/MWh
LWAP / GWAP
ratio
99%
2 ppt
Gas Availabilty
Purchases down to 8.7
PJ due to market gas
shortages
Highs
Lows
26.8%
Total Generation
Down to 1,622 GWh due
to gas shortages and
planned outages, offset
by market hedging
8.4%
FY19
Q2 PERFORMANCE REPORT
Rankine Output
Up 601 GWh to cover
market gas shortages
and U5 outage
80.7%
Huntly U5
Returned to service, on
time and on budget,
following major planned
outage
124.6%
High Plant
Reliability
Forced Outage Factor
down to 0.2%
95.6%
0
50
100
150
200
250
Jul-18Aug-18Sep-18Oct-18Nov-18Dec-18
GWh
HUNTLY RANKINE UTILISATION (GWH)
GenesisSwaptionsOther Retailers / Spot Customers
1. GWAP represents the average price received for generation prior to the outcome or settlement of any financial contracts.

5
Kupe Segment Performance
12.2%
Realised Oil
Price
NZ$100/bbl
Planned LPG Amine
Plant Maintenance
Completed ahead of time and
below budget
External
Sales
GNE 46% Kupe share
106 kbblOil10.1 ktLPG
2.6 PJ Gas
Fuels Portfolio
Electricity Generation
Wholesale Market
Retail Customers
1,415 GWh Electricity
3.6 PJ Gas
1.8 PJ Gas
4.7 ktLPG
8.9 ktLPG
1,622 GWh Electricity
11.3 PJ Gas
5.7 PJ Coal
0 GJ Diesel
711 GWh Hydro
5 GWh Wind
906 GWh Thermal
98 kbbl Oil
13.2 ktLPG
0 ktLPG
External
Purchases
8.7 PJ Gas
5.3 PJ Coal
3.1 ktLPG
0 PJ Coal
31.9%
Q2 FY19 INTEGRATED PHYSICAL ENERGY FLOWS
1
Highs
Lows
LPG Yield
3.9 t/TJ
2.5%
1.LPG difference represents movement in storage
Gas
Production
Down to 2.6 PJ due
to planned outages
Oil Production
Down to 106 kbbldue
to natural decline in
field and reduced gas
production
FY19
Q2 PERFORMANCE REPORT
21.8%

6
Glossary
FY19
Q2 PERFORMANCE REPORT
CUSTOMER
Brand Net Promoter ScoreBased on survey question "How likely would you be to recommend Genesis Energy/Energy Online to your friends or family?"
Electricity Market ShareMarket share based on Electricity Authority data for the end of quarter
Gas Market ShareMarket share based on Gas Industry Company data for the end of quarter
CustomersElectricity and gas customers are defined by single customer view, regardless of number of connections (ICP's)
Single Customer ViewRepresents unique customers which may have multiple ICP's
ICPInstallation Connection Point, a connection point that is both occupied and has not been disconnected (Active-Occupied)
Customer ChurnBased on losing and gaining accounts under a Single Customer View
MVPMinimal Viable Product
Resi, SME, C&IResidential, small and medium enterprises and commercial & industrial customers
B2BBusiness to Business, including both SME and C&I
Volume Weighted Average Electricity Selling Price - $/MWhAverage selling price for customers including lines/transmission and distribution and after prompt payment discount
Volume Weighted Average Gas Selling Price - $/MWhAverage selling price for customers including lines/transmission and distribution and after prompt payment discount
Average Retail Electricity Purchase Price - LWAP ($/MWh)Excludes settlements from electricity derivatives.
LPG Customer ConnectionsDefined as number of customers
Bottled LPG Sales (tonnes)Represents 45kg LPG bottle sales
Other Bulk and SME LPG Sales (tonnes)Represents bulk, 3rd party distributors and SME sales
Wholesale LPG Sales (tonnes)Represents wholesale, export sales and transfers to Huntly power station
Electricity Sales - Wholesale (GWh)Includes contracts for difference and options (excluding futures)
Electricity Purchases - Wholesale (GWh)Includes contracts for difference and options (excluding futures)
Netback ($/MWh, $/GJ, $/tonne)Customer EBITDAF by fuel type plus respective fuel purchase cost divided by total fuel sales volumes, stated in native fuel units and excluding corporate allocation costs
GENERATION
Coal (GWh)Coal generation is calculated by applying coal burn to monthly average heat rates
Average Price Received for Generation - GWAP ($/MWh) Excludes settlements from electricity derivatives.
Coal Used In Internal Generation (PJ)Results have been revised to reflect changes in coal kilo tonnes to PJ conversion rate and volume methodology
Rankine's Fuelled by Coal (%)The proportion of coal used in the Rankine units
Equipment Availability Factor (EAF)The percentage of time a power station is available to generate electricity
Forced Outage Factor (FOF)The percentage of time a power station is unavailable to generate electricity due to unplanned failure or defect.
WHOLESALE
Weighted Average Fuel Cost ($/MWh)Total cost of fuel burnt plus emissions on fuel burnt divided by total generation (thermal, hydro and wind)
CORPORATE
Total Recordable Injury Frequency RateRolling 12 month TRIFR per 200,000 hours worked for employees and contractors
Headcount Based on full time equivalents, excluding contractors
KUPE
Oil Price realised (NZD/bbl.)Oil price received including hedges
Oil Hedge Levels (%)% hedged for remainder of FY as % of forecast sales

7
Customer Metrics
FY19
Q2 PERFORMANCE REPORT
1. Historical customer numbers restated post LPG integration
CUSTOMER SEGMENT
Q2 FY19
Q2 FY18
% Change
Var.
YTD FY19
YTD FY18
% Change
Var.
CUSTOMER
Brand Net Promoter Score - Genesis Energy (%)
8.0%


2.0%


300.0%


6.0%


Customer Churn (3 month rolling average, %)
17.2%


19.7%


(12.5%)


(2.5%)


Electricity Netback ($/MWh)
$99.80
$90.34
10.5%
$9.46
$103.98
$99.75
4.2%
$4.23
Gas Netback ($/GJ)
$8.82
$9.63
(8.4%)
($0.81)
$8.73
$8.91
(2.0%)
($0.18)
LPG Netback ($/t)
$747.80
$728.20
2.7%
$19.60
$810.26
$781.86
3.6%
$28.40
CUSTOMER NUMBERS
1
Customers > 1 Product
113,549


105,758


7.4%
7,791


Electricity Only Customers
335,332


345,832


(3.0%)
(10,500)


Gas Only Customers
17,440


18,509


(5.8%)
(1,069)


LPG Only Customers
34,770


34,534


0.7%
236


Total Customers
501,091


504,633


(0.7%)
(3,542)


Electricity ICPs Active-Occupied
501,684


502,949


(0.3%)
(1,265)


Gas ICPs Active-Occupied
106,854


105,452


1.3%
1,402


LPG Customer Connections
65,849


58,872


11.9%
6,977


Total ICPs
674,387


667,273


1.1%
7,114


VOLUMES AND PRICE
Volume Weighted Average Electricity Selling Price - Resi ($/MWh)
$257.26
$253.48
1.5%
$3.77
$251.62
$248.52
1.2%
$3.09
Volume Weighted Average Electricity Selling Price - SME ($/MWh)
$225.13
$217.59
3.5%
$7.54
$220.02
$216.03
1.8%
$3.98
Volume Weighted Average Electricity Selling Price - C&I ($/MWh)
$119.78
$108.53
10.4%
$11.25
$126.20
$120.45
4.8%
$5.75
Residential Electricity Sales (GWh)
659


656


0.5%
3


1,619


1,644


(1.5%)
(25)


SME Electricity Sales (GWh)
266


269


(0.9%)
(2)


540


554


(2.4%)
(13)


C&I Electricity Sales (GWh)
489


426


14.8%
63


980


811


20.8%
169


Total Electricity Sales (GWh)
1,415


1,351


4.7%
64


3,139


3,008


4.4%
131


Electricity Purchases - Retail (GWh)
1,471


1,404


4.7%
66


3,302


3,160


4.5%
142


Average Retail Electricity Purchase Price - LWAP ($/MWh)
$210.36
$95.58
120.1%
$114.78
$142.56
$99.18
43.7%
$43.38
Volume Weighted Average Gas Selling Price ($/GJ)
$28.12
$29.44
(4.5%)
($1.33)
$24.25
$25.59
(5.2%)
($1.34)
Residential Gas Sales (PJ)
0.6


0.5


14.1%
0.1


1.7


1.6


3.1%
0.1


SME Gas Sales (PJ)
0.4


0.3


9.9%
0.0


0.9


0.8


16.3%
0.1


C&I Gas Sales (PJ)
0.9


0.6


36.8%
0.2


1.9


1.5


23.4%
0.4


Total Gas Sales (PJ)
1.8


1.5


22.7%
0.3


4.5


4.0


13.6%
0.5


Volume Weighted Average LPG Selling Price ($/tonne)
$1,760.25
$1,811.96
(2.9%)
($51.71)
$1,764.42
$1,828.90
(3.5%)
($64.49)
Bottled LPG Sales (tonnes)
3,656


2,987


22.4%
669


8,473


7,501


13.0%
972


Other Bulk & SME LPG sales (tonnes)
5,202


4,934


5.4%
268


10,907


10,780


1.2%
127


Total LPG Sales (tonnes)
8,858


7,921


11.8%
937


19,380


18,281


6.0%
1,099

8
Wholesale Metrics
FY19
Q2 PERFORMANCE REPORT
WHOLESALE SEGMENTQ2 FY19Q2 FY18% ChangeVar.YTD FY19YTD FY18% ChangeVar.
GENERATION
Gas (GWh)394 874 (54.9%) (480) 1,082 1,795 (39.7%)(712)
Coal (GWh)512 201 154.8% 311 608 378 60.7%230
Total Thermal (GWh)906 1,075 (15.7%) (169) 1,690 2,173 (22.2%)(483)
Hydro (GWh)711 691 2.9% 20 1,702 1,687 0.9%15
Wind (GWh)5 5 (1.6%) (0) 11 10 4.9%1
Total Renewable (GWh)716 696 2.9% 20 1,713 1,697 0.9%16
Total Generation (GWh)1,622 1,771 (8.4%) (149) 3,403 3,870 (12.1%)(467)
Average Price Received for Generation - GWAP ($/MWh)
1
$212.93$94.79124.6% $118.14$146.32$96.1652.2%$50.16
Generation Emissions (ktCO
2
)706 583 21.0% 123 1,097 1,161 (5.4%)(63)
Generation Carbon Intensity (tCO
2
/GWh)435 329 32.1% 106 322 300 7.5%23
Forced Outage Factor (FOF)0.2% 3.4% (95.6%) (3.2%) 0.2% 1.8% (89.8%) (1.6%)
Equipment Availability Factor (EAF)85.3% 89.5% (4.7%) (4.2%)91.5% 93.4% (2.1%)(1.9%)
Rankine Output (GWh)601 332 80.7% 268 724 613 18.1%111
Rankines Fuelled by Coal (%)85% 60% 41.0% 25% 85% 62% 37% 23%
WHOLESALE
Gas Purchases (PJ)8.7 11.8 (26.8%)(3.2) 19.9 24.4 (18.6%)(4.5)
Coal Purchases (PJ)5.3 1.0 434.1% 4.3 6.6 2.0 236.5%4.6
Wholesale LPG Purchases (tonnes)3,077 6,543 (53.0%) (3,466) 5,867 14,165 (58.6%)(8,297)
Electricity Purchases - Wholesale (GWh)419 302 39.0% 118 710 790 (10.1%)(80)
Electricity Sales - Wholesale (GWh)644 525 22.7% 119 1,189 1,231 (3.5%)(43)
Wholesale Gas Sales (PJ)3.6 3.5 1.3% 0.0 6.8 6.4 5.3%0.3
Wholesale Coal Sales (PJ)0.0 0.1 (79.5%) (0.1)0.1 0.2 (44.0%)(0.1)
Wholesale LPG Sales (tonnes)4,680 10,587 (55.8%) (5,907) 11,037 19,654 (43.8%)(8,617)
Gas Used In Internal Generation (PJ)3.4 6.9 (51.5%) (3.6)8.6 14.2 (39.1%)(5.5)
Coal Used In Internal Generation (PJ) 5.7 2.3 151.1% 3.4 6.9 4.3 59.9%2.6
LWAP/GWAP Ratio (%)99% 101% (2.0%) (2.0%) 97% 103% (5.5%) (5.7%)
Weighted Average Fuel Cost ($/MWh)$38.23$37.801.2% $0.43$33.90$35.72(5.1%)($1.82)
Coal Stockpile - closing balance (kilotonnes)276.8 233.6 18.5% 43.3
1. GWAP represents the average price received for generation prior to the outcome or settlement of any financial contracts.

FY18
9
Kupe and Other Metrics
1. TRIFR now being reported to include contractors. Prior period has been restated on same basis.
Q2 PERFORMANCE REPORT
KUPE SEGMENT
Q2 FY19
Q2 FY18
% Change
Var.
YTD FY19
YTD FY18
% Change
Var.
KUPE
Gas Production (PJ)
2.6


3.0


(12.2%)
(0.4)


5.7


6.1


(6.8%)
(0.4)


Gas Sales (PJ)
2.5


3.0


(15.8%)
(0.5)


5.5


6.1


(10.3%)
(0.6)


Oil Production (kbbl)
106


135


(21.8%)
(29)


235


281


(16.1%)
(45)


Oil Production Yield (bbl/TJ)
40.4


45.3


(10.9%)
(4.9)


42


46.1


(10.0%)
(4.6)


Oil Sales (kbbl)
98


183


(46.5%)
(85)


168


241


(30.4%)
(73)


Realised Oil Price (NZD/bbl)
$100.38
$76.10
31.9%
$24.28
$91.12
$78.24
16.5%
$12.88
Average Brent Crude Oil (USD/bbl)
$67.76
$61.39
10.4%
$6.37
$71.52
$56.74
26.0%
$14.78
LPG Production (kt)
10.1


11.2


(10.1%)
(1.1)


23.6


22.4


5.3%
1.2


LPG Production Yield (t/TJ)
3.9


3.8


2.5%
0.1


4.2


3.7


13.0%
0.5


LPG Sales (kt)
10.3


11.3


(8.6%)
(1.0)


23.7


22.7


4.6%
1.0


OTHER
Q2 FY19
Q2 FY18
% Change
Var.
YTD FY19
YTD FY18
% Change
Var.
CORPORATE
Headcount (FTE)
1,058


962


10.0%
96


Total Recordable Injury Frequency Rate
1
1.11


1.44


(22.9%)
(0.33)

0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Q1 FY16
Q2Q3Q4
Q1 FY17
Q2Q3Q4
Q1 FY18
Q2Q3Q4
Q1 FY19
Q2
Tonnes
Tonnes
LPG SALES VOLUMES (tonnes)
Quarterly Bottled LPG Sales Volumes
Quarterly Bulk & SME LPG Sales Volume
Rolling 12month sales volume (RHS)
10
Appendix: Customer Segment
FY19
Q2 PERFORMANCE REPORT
4500
4800
5100
5400
5700
6000
6300
0
200
400
600
800
1000
1200
Q1 FY16
Q2Q3Q4
Q1 FY17
Q2Q3Q4
Q1 FY18
Q2Q3Q4
Q1 FY19
Q2
GWhGWh
ELECTRICITY SALES VOLUMES (GWh)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesRolling 12month sales volume (RHS)
6.4
6.6
6.8
7.0
7.2
7.4
7.6
7.8
8.0
8.2
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
Q1 FY16
Q2Q3Q4
Q1 FY17
Q2Q3Q4
Q1 FY18
Q2Q3Q4
Q1 FY19
Q2
PJPJ
GAS SALES VOLUMES (PJ)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesRolling 12month sales volume (RHS)

11
Appendix: Wholesale Segment
FY19
Q2 PERFORMANCE REPORT
0
20
40
60
80
100
120
140
160
180
JanFebMarAprMayJunJulAugSepOctNovDec
GWh
WAIKAREMOANA STORAGE vs LONG RUN AVERAGE
Waikaremoana StorageLong Run Average Storage
Source: COMIT
0
100
200
300
400
500
600
700
800
900
1000
JanFebMarAprMayJunJulAugSepOctNovDec
GWh
TEKAPO STORAGE vs LONG RUN AVERAGE
Tekapo StorageLong Run Average Storage
Source: COMIT
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
JanFebMarAprMayJunJulAugSepOctNovDec
GWh
NEW ZEALAND DAILY STORAGE
94 year Average12month Rolling
Source: COMIT

12
Appendix: Wholesale Segment
PLANT PERFORMANCE
FY19
Q2 PERFORMANCE REPORT
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Q2 2019Q2 2018FY19 YTDFY18 YTD
GWh
Hau Nui Wind Farm
Tekapo A and B power stations
Waikaremoana Power Scheme
Tongariro Power Scheme
Huntly Unit 6
Huntly Unit 5
Huntly Units 1 to 4 Gas
Huntly Units 1 to 4 Coal
GENERATION BY POWER STATION
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Jul-15
Sep-15
Nov-15
Jan-16
Mar-16
May-16
Jul-16
Sep-16
Nov-16
Jan-17
Mar-17
May-17
Jul-17
Sep-17
Nov-17
Jan-18
Mar-18
May-18
Jul-18
Sep-18
Nov-18
Forced Outage Factor (FOF) %
Equipment Availability Factor (EAF) %
Monthly EAFMonthly FOF

13
Appendix: Kupe Segment
OIL PRICE AND FOREX RISK MANAGEMENT
BRENT CRUDE OIL SPOT PRICE (USD/bbl)
KUPE GAS SALES VOLUMES (GENESIS SHARE, PJ)KUPE OIL PRODCUTION VOLUMES (GENESIS SHARE, kbbl)
FY19
Q2 PERFORMANCE REPORT
FORWARD RISK MANAGEMENT
Oil Price Hedges% HedgedAverage Oil Price
1-12 months76%$59.19
13-24 months63%$56.25
25-36 months17%$67.82
USD/NZD HedgesRate
1-12 months67%0.689
13-24 months55%0.697
25-36 months13%0.675
$0
$20
$40
$60
$80
$100
JanFebMarAprMayJunJulAugSepOctNovDec
Oil Price USD/
bbl
12 mths to Dec1712 mths to Dec18
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Q1 FY16Q2 FY16Q3 FY16Q4 FY16Q1 FY17Q2 FY17Q3 FY17Q4 FY17Q1 FY18Q2 FY18Q3 FY18Q4 FY18Q1 FY19Q2 FY19
PJ
PJ
Quarterly Sales VolumeRolling 12 Months Sales Volume (RHS)
-
100.
200.
300.
400.
500.
600.
-
20.
40.
60.
80.
100.
120.
140.
160.
Q1 FY16Q2 FY16Q3 FY16Q4 FY16Q1 FY17Q2 FY17Q3 FY17Q4 FY17Q1 FY18Q2 FY18Q3 FY18Q4 FY18Q1 FY19Q2 FY19
kbbl
kbbl
Quarterly Production VolumeRolling 12 Months Sales Volume (RHS)