STAR PETROLEUM REFINING Opportunity Day 2Q/2022 Results
One Caring Family Energizing our future
DISCLAIMER
The information contained in this presentation is intended solely for your reference.
This presentation contains "forward-looking" statements that relate to future events, which are, by their nature, subject to significant risks and uncertainties. All statements, other than statements of historical fact contained in this presentation including, without limitation, those regarding SPRC's future financial position and results of operations, strategy, plans, objectives, goals and targets, future developments in the markets where SPRC participates or is seeking to participate and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "will", "may", "project", "estimate", "anticipate", "predict", "seek", "should" or similar words or expressions, are forward-looking statements.
The future events referred to in these forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond our control, which may cause the actual results, performance or achievements, or industry results to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
These forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which SPRC will operate in the future and are not a guarantee of future performance. Such forward-looking statements speak only as of the date on which they are made. SPRC does not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise. The information set out herein is subject to change without notice, its accuracy is not guaranteed, has not been independently verified and it may not contain all material information concerning the Company.
SPRC makes no representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case, only one if many possible scenarios and should not be viewed as the most likely or standard scenario. No assurance given that future events will occur or our assumptions are correct. Actual results may materially differ from those provided in the forward-looking statements and indications of past performance are not indications of future performance. In no event shall SPRC be responsible or liable for the correctness of any such material or for any damage or lost opportunities resulting from use of this material. SPRC makes no representation whatsoever about the opinion or statements of any analyst or other third party. SPRC does not monitor or control the content of third party opinions or statements and does not endorse or accept any responsibility for the content or use of any such opinion or statement.
SPRC's securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or the securities laws of any state of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of such act or such laws.
This presentation does not constitute an offer to sell or a solicitation of an offer to buy or sell SPRC's securities in any jurisdiction.
Opportunity Day 2Q/2022 Results
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Vision, Mission & Core Values
Our Vision:
Our Mission:
To energize our future, we will:
- Invest in our people enhancing SPRC's caring family culture and performance delivery
- Deliver safe, reliable and sustainable operations
- Strengthen our competitiveness through smart & timely investments
- Meet or exceed our stakeholder expectation
Our Core Values:
Stars Leader / Outstanding / Role model
Professional Integrity / Professionalism / Performance driven Reliable Accountable / Ready / Trustworthy
Caring Responsible citizen / Compassion / Sincere
Opportunity Day 2Q/2022 Results
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Contents
Highlights of | Market Situation | Optimization | Future | ||||
Financial & | Opportunities |
Operation results
Opportunity Day 2Q/2022 Results
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Operational Performance
Highlights of Financial & | Market Situation | Optimization | Future Opportunities |
Operation results | |||
TOTAL DAYS AWAY | Operational Availability | UTILIZATION OF |
Ex. Turnaround | ||
FROM WORK RATE | EQUIVALENT | ||||||||||||||||||||||
100.0%100.0% | 100.0% | 99.0% | |||||||||||||||||||||
('DAFWR') | 98.0% | DISTILLATION CAPACITY | |||||||||||||||||||||
(UEDC) | |||||||||||||||||||||||
2Q21 1Q22 2Q22 | 6M21 6M22 |
Optimization
Maximized production Diesel to 39% and Jet to 7% while minimized Fuel oil production to 5% in 2Q22.
DAFWR | OPERATIONAL | UEDC | |||||||||||
No one gets hurt | *91.7% | *93.5% | |||||||||||
AVAILABILITY | |||||||||||||
83.6% 90.5% 86.3% | 84.7% 88.4% | ||||||||||||
EX. TURNAROUND | |||||||||||||
0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||
2Q21 1Q22 2Q22 | 6M21 6M22 | 2Q21 1Q22 2Q22 | 6M21 6M22 | |||||||||||||||||||||||||||
* Normalized UEDC excluding economically concern and Covid-19 impact for the best profitability.
Opportunity Day 2Q/2022 Results
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CRUDE & PRODUCT
OPTIMIZATION
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Star Petroleum Refining pcl published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 08:32:06 UTC.
