INVESTOR PRESENTATION. May 2015

Size: px
Start display at page:

Download "INVESTOR PRESENTATION. May 2015"

Transcription

1 INVESTOR PRESENTATION May 2015

2 FORWARD-LOOKING STATEMENTS / NON-GAAP FINANCIAL MEASURES The statements included in this presentation contain forward- looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended. These forward- looking statements (which in many instances can be identified by words like may, will, should, expects, plans, believes, and other comparable words) are based on the Partnership s current expectations and beliefs concerning future developments and their potential effects on the Partnership, but are not guarantees of future performance, and involve risks and uncertainties. You are cautioned not to place undue reliance on forward- looking statements, as many of these factors are beyond our ability to control or predict, and which speak only as of the date hereof. The Partnership undertakes no obligation to publicly update or revise any forward- looking statements after the date they are made, whether as a result of new information, future events, or otherwise. You are urged to carefully review and consider the cautionary statements and other disclosures made in the Partnership s Annual Report on Form 10- K for fiscal year 2014, including under the heading Risk Factors, which identify and discuss significant risks, uncertainties, and various other factors that could cause actual results to vary significantly from those expected or implied in the forwardlooking statements. Among the factors that could cause results to differ materially are those risks discussed in the periodic reports filed with the SEC, including MarkWest s Annual Report on Form 10- K for the year ended December 31, If any of the uncertainties or risks develop into actual events or occurrences, or if underlying assumptions prove incorrect, it could cause actual results to vary significantly from those expressed in the presentation, and MarkWest s business, financial condition, or results of operations could be materially adversely affected. Key uncertainties and risks that may directly affect MarkWest s performance, future growth, results of operations, and financial condition, include, but are not limited to: Fluctuations and volatility of natural gas, NGL products, and oil prices; A reduction in natural gas or refinery off- gas production which MarkWest gathers, transports, processes, and/or fractionates; A reduction in the demand for the products MarkWest produces and sells; Financial credit risks / failure of customers to satisfy payment or other obligations under MarkWest s contracts; Effects of MarkWest s debt and other financial obligations, access to capital, or its future financial or operational flexibility or liquidity; Construction, procurement, and regulatory risks in our development projects; Hurricanes, fires, and other natural and accidental events impacting MarkWest s operations, and adequate insurance coverage; Terrorist attacks directed at MarkWest facilities or related facilities; Changes in and impacts of laws and regulations affecting MarkWest operations and risk management strategy; and Failure to integrate recent or future acquisitions. We use non- generally accepted accounting principles ( non- GAAP ) financial measures in this presentation. Our reconciliation of non- GAAP financial measures to comparable GAAP measures can be found in MarkWest s Annual Report on our website at These non- GAAP measures should not be considered an alternative to GAAP financial measures. 2

3 MARKWEST ENERGY: EXPANDING ON SUCCESS HIGH-QUALITY DIVERSIFIED ASSETS Leading midstream provider with nearly 6.0 Bcf/d of processing capacity, 379 MBbl/d of fractionation capacity and nearly 4,700 miles of pipeline We are the second largest gas processor in the U.S. SUBSTANTIAL GROWTH OPPORTUNITIES PROVEN CUSTOMER SATISFACTION STRONG FINANCIAL PROFILE 2015 growth capital forecast of $1.5 to $1.9 billion 19 major processing and fractionation projects under construction Long-term agreements with over 160 producer customers Received the #1 rating for Total Midstream Customer Satisfaction in every EnergyPoint Research Survey since its inception in 2006 No incentive distribution rights, which drives a lower cost of capital Distributions have increased by 264% (11% CAGR) since IPO 3

4 U.S. NATURAL GAS SUPPLY & DEMAND Offshore U.S. Dry Natural Gas Production (billion cubic feet per day) 2015 Plant Fuel/Pipeline Use 52% 18% Shale gas Tight gas 1% Alaska 3% 20 6% 8% 5% Coalbed methane 4% Other 18% 10% Source: U.S. Energy Information Administration, Annual Energy Outlook % Total U.S. natural gas supply is forecasted to grow by over 26 Bcf/d from 2015 to 2040 Shale gas is forecasted to account for 55% of total U.S. gas production by 2040 Demand growth will come from LNG and pipeline exports, and domestic power generation U.S. Gas Demand in 2040 Industrial 24% Power Generation 27% Residential/ Commercial 22% Plant Fuel 6% Pipeline Use 3% Vehicle Use LNG Exports 9% 2% Exports to Mexico & Canada 7% 4

5 MARCELLUS & UTICA: DRIVING U.S. GAS SUPPLY The Marcellus & Utica account for over 20% of total U.S. Gas Supply Rest of U.S. Billion cubic feet per day (Bcf/d) Marcellus & Utica Rest of U.S Marcellus & Utica Billion cubic feet per day (Bcf/d) 55 3 Apr-09 Apr-10 Apr-11 Apr-12 Apr-13 Apr-14 Apr-15 Note: Wellhead gas production (before flaring and NGL extraction) Source: As of Bloomberg (LCI Energy Insight Estimates), BENTEK, MarkWest Energy Partners, L.P. 5

6 IRR BY RESOURCE PLAY MarkWest is focused in high IRR resource plays 30% 25% 20% ~75% 2015 Operating Income Forecasted from Marcellus & Utica 15% 10% 5% 0% Year: WTI Oil: $50.87 $57.98 $61.75 $64.11 $65.85 $67.48 $67.48 $67.48 NYMEX Gas: $3.02 $3.23 $3.44 $3.54 $3.61 $3.71 $3.71 $3.71 Areas where MarkWest Operates Source: Credit Suisse

7 GROWTH DRIVEN BY CUSTOMER SATISFACTION MarkWest has received the #1 rating for total customer satisfaction in every EnergyPoint Research survey since its inception in

8 SOUTHWEST SEGMENT In the Southwest segment, we provide best-in-class midstream services including gathering and processing in many resource plays throughout Oklahoma and Texas. In addition, we process and fractionate off-gas on behalf of six refineries in the Gulf Coast. 2.1Bcf/d Gathering capacity 1.2Bcf/d Processing capacity 29MBbl/d C2+ Fractionation capacity Carthage Buffalo Creek Under Construction Processing 80 MMcf/d processing capacity expansion in East Texas 8

9 SOUTHWEST SEGMENT In 2014, we increased our processing capacity in the Southwest by 45% Western Oklahoma 775MMcf/d Gathering capacity Oklahoma Tulsa Office Southeast Oklahoma 550MMcf/d Gathering capacity 435MMcf/d Processing capacity 104MMcf/d Processing capacity* Gulf Coast East Texas 142MMcf/d Processing capacity Houston Office 640MMcf/d Gathering capacity Texas 29MBl/d 520MMcf/d C2+ Fractionation capacity Processing capacity *Represents 40% of processing capacity through the Partnership s Centrahoma JV with Atlas Pipeline Partners, L.P. 9

10 NORTHEAST SEGMENT We are the largest processor and fractionator in the southern portion of the Appalachian Basin Our existing infrastructure in Kentucky and West Virginia is strategically positioned to support the development of the emerging Rogersville Shale 620MMcf/d Processing capacity 24MBbl/d C3+ Fractionation capacity Langley 10

11 MARCELLUS SEGMENT We are the largest processor and fractionator in the Marcellus Shale and provide fully integrated natural gas midstream services 1.0Bcf/d Gathering capacity 3.1Bcf/d Processing capacity 286MBbl/d C2+ Fractionation capacity (1) Mobley Under Construction Processing 1.8 Bcf/d cryogenic capacity Fractionation 201,000 Bbl/d of shared fractionation capacity (2) (1) 120,000 Bbl/d of C3+ fractionation capacity shared with the Utica Segment (2) 60,000 Bbl/d C3+ fractionation capacity shared with the Utica segment 11

12 MARCELLUS SEGMENT OVERVIEW 3,500 3,000 2,500 2,000 1,500 1, Processed Volumes (MMcf/d) Processed volumes increased 73% compared from the first quarter 2014 and 11% compared to the fourth quarter 2014 ~50% Forecasted Avg. Increase from FY2014 to FY2015 2Q15 through 4Q15 Avg. 1Q10 4Q10 3Q11 2Q12 1Q13 4Q13 3Q14 2Q15F Houston Majorsville Mobley Sherwood Keystone Average utilization of Marcellus processing assets was 90% in the first quarter 2015 We process approximately 1Q15 1Q15 90% of richgas production Average from the Average Marcellus 1Q15 Shale Complex Capacity (MMcf/d) * *Based on weighted average number of days plant(s) in service Volume (MMcf/d) Utilization (%) Sherwood 1, % Mobley % Majorsville % Houston % Keystone % 1Q15 Total 3,155 2,845 90% 4Q14 Total 2,920 2,556 88% 12

13 UTICA SEGMENT In the Utica segment, we have a leading position in developing fully integrated natural gas midstream services 700MMcf/d Gathering capacity 925MMcf/d Processing capacity 160MBbl/d C2+ Fractionation capacity (1) Seneca Under Construction Processing 600 MMcf/d cryogenic capacity Fractionation 60,000 Bbl/d of shared C3+ capacity (2) (1) 120,000 Bbl/d of C3+ fractionation capacity shared with the Marcellus Segment (2) 60,000 Bbl/d C3+ fractionation capacity shared with the Marcellus segment 13

14 UTICA SEGMENT OVERVIEW Processed Volumes (MMcf/d) ~95% Forecasted Avg. Increase from FY2014 to FY2015 4Q12 2Q13 4Q13 2Q14 4Q14 2Q15F 4Q15F Seneca Cadiz 2Q15 through 4Q15 Avg. MarkWest Utica EMG supports producers development of the Utica Shale, with the largest fully integrated midstream system in Ohio Processed volumes increased 201% from the first quarter 2014 and 16% from the fourth quarter 2014 Average utilization of Utica processing complexes reached 82% during the first quarter 2015, up from 76% last quarter Complex 1Q15 Average Capacity (MMcf/d) * *Based on weighted average number of days plant(s) in service 1Q15 Average Volume (MMcf/d) 1Q15 Utilization (%) Cadiz % Seneca % 1Q15 Total % 4Q14 Total % 14

15 MARCELLUS & UTICA: 34 PROJECTS COMPLETE MWE Gathering System MWE Marcellus Complex MWE Utica Complex MWE NGL Pipeline MWE Purity Ethane Pipeline MWE NGL/Purity Ethane Pipeline Under Construction ATEX Express Pipeline TEPPCO Product Pipeline Sunoco Mariner Pipeline 18 Major projects under construction, 10 to be completed in 2015 HOPEDALE FRACTIONATION COMPLEX (MarkWest & MarkWest Utica EMG shared fractionation capacity) C3+ Fractionation I & II 120,000 Bbl/d Operational C3+ Fractionation III 60,000 Bbl/d 1Q16 OHIO GATHERING & OHIO CONDENSATE MarkWest Utica EMG s Joint Venture with Summit Midstream, LLC Stabilization Facility 23,000 Bbl/d Operational CADIZ COMPLEX Cadiz I & II 325 MMcf/d Operational Tuscarawas Cadiz III 200 MMcf/d 3Q15 Cadiz IV 200 MMcf/d 2Q16 De-ethanization 40,000 Bbl/d Operational Noble SENECA COMPLEX Seneca I III 600 MMcf/d Operational Seneca IV 200 MMcf/d 3Q15 Harrison Carroll Monroe Belmont OHIO Jefferson WEST VIRGINIA Marshall Wetzel Doddridge Hancock Brooke Ohio Beaver Washington Butler PENNSYLVANIA Allegheny Washington Greene KEYSTONE COMPLEX Bluestone I II & Sarsen I 210 MMcf/d Operational Bluestone III 200 MMcf/d 4Q15 Bluestone IV 200 MMcf/d 3Q16 C2 Fractionation 14,000 Bbl/d Operational C3+ Fractionation 12,000 Bbl/d Operational De-ethanization 40,000 Bbl/d 4Q16 C3+ Fractionation 31,000 Bbl/d 4Q15 FOX COMPLEX Fox I 200 MMcf/d 4Q16 De-ethanization 20,000 Bbl/d 4Q16 HOUSTON COMPLEX Houston I III 355 MMcf/d Operational Houston IV 200 MMcf/d 2Q15 C3+ Fractionation 60,000 Bbl/d Operational De-ethanization 40,000 Bbl/d Operational MAJORSVILLE COMPLEX Majorsville I V 870 MMcf/d Operational Majorsville VI 200 MMcf/d 2Q15 Majorsville VII 200 MMcf/d 2Q16 De-ethanization 40,000 Bbl/d Operational MOBLEY COMPLEX Mobley I IV 720 MMcf/d Operational Mobley V 200 MMcf/d 4Q15 De-ethanization 10,000 Bbl/d 4Q15 SHERWOOD COMPLEX Sherwood I V 1,000 MMcf/d Operational Sherwood VI 200 MMcf/d 2Q15 Sherwood VII 200 MMcf/d 2Q16 De-ethanization 40,000 Bbl/d 4Q15 15

16 SIGNIFICANT AREA DEDICATIONS & VOLUME COMMITMENTS IN THE NORTHEAST Nearly 8 million acres dedicated to MarkWest in the Utica & Marcellus PENNSYLVANIA Utica Area Dedications: 3.7 million acres Volume Protection: 25% of 2015 capacity contains minimum volume commitments OHIO WEST VIRGINIA Marcellus Area Dedications: 4 million acres Volume Protection: 70% of 2015 capacity contains minimum volume commitments 16

17 PROCESSED VOLUME GROWTH We are now the second largest gas processor in the U.S. ~1.3 Bcf/d ~2.3 Bcf/d ~5.3 Bcf/d Increase of 4 Bcf/d in 4 years 17

18 NORTHEAST GAS PRODUCTION FORECAST 35 Billion cubic feet per day (Bcf/d) ~30% Northeast Rich Gas ~70% Northeast Dry Gas Source: Bentek North America NGL Market Call

19 ANNOUNCED GAS TAKEAWAY PROJECTS Approximately $20 Billion in Capital Investments and 29 Bcf/d of Natural Gas Pipeline Projects on the Horizon Pipeline Bcf/d 4 Projects ~4.2 $2.9bn Pipeline Bcf/d 31 Projects ~8.8 investment in new natural gas transmission capacity needed through 2035 is projected to average $7.3bn $4.0bn $14 billion per year... $5.6bn Pipeline Bcf/d 3 Projects ~3.4 Pipeline Bcf/d 12 Projects ~8.3 $0.9bn Pipeline Source: Goldman Sachs Global Investment Research, Feb & The INGAA Foundation North American Midstream Infrastructure Study March 2014 Bcf/d 5 Projects ~4.3 19

20 NORTHEAST NGL PRODUCTION Northeast NGL production is forecasted to reach nearly 1.2 million barrels per day over the next 10 years 1,400 1,200 Northeast NGL Production (MBld/d) 1, The Marcellus & Utica shales are forecasted to supply nearly a quarter of total U.S. NGL production by Ethane Propane Normal Butane Iso-Butane Natural Gasoline Source: Bentek North America NGL Market Call , NGL Production from Gas Plants 20

21 INFRASTRUCTURE TO SUPPORT GROWING SUPPLY Mariner West MI TEPPCO ATEX MIDWEST & USGC SARNIA OH WV PA Mariner East MarkWest s Operations MARCUS HOOK The Northeast is poised for midstream infrastructure growth, with investments totaling more than $80 billion throughout the projection ( ). International exports are critical Regional petrochemical projects & other facilities NGL takeaway projects to Canada, Midwest, and USGC Source: MarkWest Energy Partners, L.P. & The INGAA Foundation North American Midstream Infrastructure Study March

22 PROPOSED DOWNSTREAM NGL PROJECTS Kinder Morgan Utopia East MI UMTP Project OH PPT Global Chemical/Marubeni Cracker Marathon Cornerstone Pipeline WV Shell Ethane Cracker PA Braskem Ethane Cracker Sunoco Logistics Mariner East Pipeline & Marcus Hook Facilities Proposed regional cracker projects to support ethane demand Proposed UMTP project, Utopia East Pipeline, PDH facility at Marcus Hook and other petrochemical projects to support propane and butane demand Proposed Cornerstone Pipeline and other projects to support NGL and condensate demand Potential new export facilities at multiple locations on the Eastern seaboard to support international NGL demand 22

23 UTICA CONDENSATE EXPANSION OHIO GATHERING & OHIO CONDENSATE MarkWest Utica EMG s Joint Venture with Summit Midstream, LLC Stabilization Facility 23,000 Bbl/d Operational Canton, OH (MPC Refinery) OHIO Tuscarawas Guernsey CADIZ COMPLEX Stark Carroll Harrison Columbiana MPLX LP s Cornerstone Pipeline Jefferson Jefferson Belmont HOPEDALE FRACTIONATION COMPLEX Our recently completed 23,000 Bbl/d facility will serve as the origin for MPLX LP s (NYSE: MPLX) Cornerstone Pipeline a 50-mile pipeline to Marathon Petroleum Company LP s (MPC) Canton, Ohio refinery Condensate production is expected to grow rapidly in eastern Ohio and provides value for producers in the area Our facility is the largest of its kind in the Utica and we believe this is an important progression in connecting the Utica and Marcellus NGLs to refinery and petrochemical markets Noble SENECA COMPLEX Monroe MWE Gathering System MWE Utica Complex MWE NGL Pipeline MWE Purity Ethane Pipeline MWE NGL/Purity Ethane Pipeline Under Construction ATEX Express Pipeline TEPPCO Product Pipeline 23

24 FINANCIAL FORECAST 2015 DCF Forecast: $700MM $800MM 2015 EBITDA Forecast: $925MM $1,025MM Capital Investment Forecast Net Operating Margin Forecast 2015: $1.5B to $1.9B 100% % 12% 12% 80% 60% 40% 20% 90% Fee-based 53% of C3+ commodity exposure hedged for % Fee-Based Percent-of-Proceeds Keep-Whole NOTE: Net Operating Margin is calculated as segment revenue less purchased product costs 24

25 FINANCIAL SUMMARY MarkWest has over $1.4 billion of liquidity MarkWest preserves a strong balance sheet to fund growth We have over $1.4 billion of liquidity to support our capital investment program MarkWest maintains flexible financing options Funding of base capital requirements using a combination of long-term debt and equity In March, we successfully completed an upsized senior notes offering of $650 million at a yield of 4.66% As of May 5, 2015 we are undrawn on our $1.3 billion senior secured credit facility As of March 31, 2015 our leverage ratio was 4.4x During the first quarter of 2015, the Partnership did not issue any equity We are well positioned to fund our 2015 capital expenditure plan MarkWest is committed to achieving strong, long-term distribution growth We forecast distributions of approximately $3.70 for 2015, $3.97 for 2016 and an annual growth rate of 10% for 2017 to We anticipate the annualized distribution coverage ratio during the entire period will be between 1.0 and 1.2 times 25

26 2015 DISTRIBUTABLE CASH FLOW: SENSITIVITY TABLE MarkWest is more sensitive to changes in volumes than changes in commodity prices MarkWest Partnership periodically estimates the effect on DCF resulting from changes in its volume forecast and NGL price For the full-year 2015, the Partnership estimates that net operating margin will be approximately 90 percent fee-based NGL $/Gallon (2)(3) Volume Forecast (1) Low Case Base Case High Case $0.70 $ 735 $ 758 $ 779 $0.65 $ 729 $ 751 $ 772 $0.60 $ 722 $ 744 $ 765 $0.55 $ 716 $ 737 $ 757 $0.50 $ 709 $ 730 $ 750 $0.45 $ 701 $ 723 $ 742 1) Volume Forecast is increased/decreased by 5% in the Marcellus and Utica segments for the High and Low Cases. 2) The composition is based on the Partnership s projected NGL barrel of approximately: Ethane: 35%, Propane: 35%, Iso-Butane: 6%, Normal Butane: 12%, Natural Gasoline: 12%. 3) Composite NGL prices are based on the Partnership s average forecasted price. 26

27 DISTRIBUTION GROWTH SINCE IPO Forecasted distribution of $3.70 for 2015, $3.97 for 2016 and annual growth rate of 10% from 2017 to % CAGR since IPO $2.51 $2.56 $2.57 $2.86 $3.22 $3.38 $3.54 $3.70 $3.97 $4.00 $3.00 $1.24 $1.49 $1.62 $1.88 $2.16 $2.00 Distribution in $ $0.62 $ F 2016F $- 27

28 MARKWEST INVESTMENT CONSIDERATIONS: WHAT TO EXPECT Maintain strong customer base in key resource plays with high-quality assets and exceptional service Continue to execute on growth projects that are well diversified across the asset base Fee-based margin increasing to approximately 90% for the full-year 2015 Long-term distribution growth of 10% as Northeast shale facilities are completed and producer volumes increase Long-term sustainable total returns in the top tier 28

29 APPENDIX

30 RECONCILIATION OF DCF & DISTRIBUTION COVERAGE Three Months Ended Year Ended ($ in millions) 3/31/ /31/2014 Net Income $ 5.5 $ Depreciation, amortization and other non-cash operating expenses (Gain) loss on sale or disposal of property, plant and equipment (0.8) 1.1 Amortization of deferred financing costs and debt discount (Earnings) loss from unconsolidated affiliates (0.5) 4.5 Distributions from unconsolidated affiliates Non-cash compensation expense Unrealized loss (gain) on derivative instruments 8.2 (82.1) Deferred income tax (benefit) expense (4.2) 41.6 Cash adjustment for non-controlling interest of consolidated subsidiaries (10.4) (17.9) Revenue deferral adjustment Impairment expense Other (1) Maintenance capital expenditures (2.6) (19.1) Distributable Cash Flow (DCF) $ $ Total distributions declared for the period Distribution Coverage Ratio (DCF / Total distributions declared) 1.06x 1.12x (1) Other includes amounts related to capitalized interest associated with joint venture capital expenditures and fees earned related to development of joint venture capital projects. 30

31 RECONCILIATION OF ADJUSTED EBITDA LTM Ended Year Ended Year Ended ($ in millions) 3/31/ /31/ /31/2013 Net income $ $ $ 40.4 Non-cash compensation expense Unrealized (gain) loss on derivative instruments (62.1) (82.0) 15.6 Interest expense (1) Depreciation, amortization and other non-cash operating expenses Loss (gain) on disposal of property, plant and equipment (33.8) Loss on redemption of debt Provision for income tax expense Adjustment for cash flow from unconsolidated affiliates Impairment expense Adjustment for non-controlling interest in consolidated subsidiaries (25.9) (17.9) 6.1 Other (2) (2.0) Adjusted EBITDA $ $ $ (1) Includes amortization of deferred financing costs and debt discount, and excludes interest expense related to the Steam Methane Reformer. (2) Other includes amounts related to capitalized interest associated with joint venture capital expenditures and fees earned related to development of joint venture capital projects 31

32 RECONCILIATION OF NET OPERATING MARGIN Three Months Ended Year Ended ($ in millions) 3/31/ /31/2014 Income from operations $ 52.5 $ Facility expenses Derivative gain (2.8) (95.3) Revenue deferral adjustment and other (5.2) (9.7) Revenue adjustment for unconsolidated affiliate Purchased product costs from unconsolidated affiliate - (0.3) Selling, general and administrative expenses Depreciation Amortization of intangible assets (Gain) loss on disposal of property, plant and equipment (0.8) 1.1 Accretion of asset retirement obligations Impairment expense Net Operating Margin $ $ 1,

33 1515 ARAPAHOE STREET TOWER 1, SUITE 1600 DENVER, COLORADO PHONE: INVESTOR RELATIONS: WEBSITE:

SECOND QUARTER 2015 CONFERENCE CALL PRESENTATION. August 5, 2015

SECOND QUARTER 2015 CONFERENCE CALL PRESENTATION. August 5, 2015 SECOND QUARTER 2015 CONFERENCE CALL PRESENTATION August 5, 2015 NON-GAAP FINANCIAL MEASURES / FORWARD-LOOKING STATEMENTS We use non- generally accepted accounting principles ( non- GAAP ) financial measures

More information

INGAA FOUNDATION ANNUAL MEETING MIDSTREAM R0UNDTABLE. November 7, 2014

INGAA FOUNDATION ANNUAL MEETING MIDSTREAM R0UNDTABLE. November 7, 2014 INGAA FOUNDATION ANNUAL MEETING MIDSTREAM R0UNDTABLE November 7, 2014 FORWARD- LOOKING STATEMENTS The statements included in this presentation contain forward-looking statements within the meaning of the

More information

Second Quarter 2016 Earnings Conference Call Presentation July 28, 2016

Second Quarter 2016 Earnings Conference Call Presentation July 28, 2016 Second Quarter 2016 Earnings Conference Call Presentation July 28, 2016 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding

More information

November 12, :49 PM ET

November 12, :49 PM ET MarkWest Energy Partners Reports Third Quarter Financial Results; Places into Service Three Major Facilities; Announces Additional Midstream Infrastructure Project in the Marcellus Shale November 12, 2013

More information

Jefferies 2012 Global Energy Conference. November 2012 Nancy Buese, SVP & CFO

Jefferies 2012 Global Energy Conference. November 2012 Nancy Buese, SVP & CFO Jefferies 2012 Global Energy Conference November 2012 Nancy Buese, SVP & CFO Forward-Looking Statements This presentation contains forward-looking statements and information. These forward-looking statements,

More information

MarkWest Energy Partners. Platts NGL Supply, Demand, Pricing and Infrastructure Development Conference September 25, 2012

MarkWest Energy Partners. Platts NGL Supply, Demand, Pricing and Infrastructure Development Conference September 25, 2012 MarkWest Energy Partners Platts NGL Supply, Demand, Pricing and Infrastructure Development Conference September 25, 2012 Forward-Looking Statements This presentation contains forward-looking statements

More information

MarkWest Overview. Dave Ledonne, VP Operations Utica and Appalachia May 31, 2017

MarkWest Overview. Dave Ledonne, VP Operations Utica and Appalachia May 31, 2017 MarkWest Overview Dave Ledonne, VP Operations Utica and Appalachia May 31, 2017 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of federal securities

More information

Utica Midstream Summit MarkWest Update. April 4, 2018

Utica Midstream Summit MarkWest Update. April 4, 2018 Utica Midstream Summit MarkWest Update April 4, 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ( MPLX

More information

Second-Quarter 2017 Earnings Conference Call Presentation. July 27, 2017

Second-Quarter 2017 Earnings Conference Call Presentation. July 27, 2017 Second-Quarter 2017 Earnings Conference Call Presentation July 27, 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding

More information

Third-Quarter 2017 Earnings Conference Call Presentation. October 26, 2017

Third-Quarter 2017 Earnings Conference Call Presentation. October 26, 2017 Third-Quarter 2017 Earnings Conference Call Presentation October 26, 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws

More information

Fourth-Quarter 2017 Earnings Conference Call Presentation. February 1, 2018

Fourth-Quarter 2017 Earnings Conference Call Presentation. February 1, 2018 Fourth-Quarter 2017 Earnings Conference Call Presentation February 1, 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws

More information

MPLX Overview. Scott Garner, VP Corporate Development October 19, 2017

MPLX Overview. Scott Garner, VP Corporate Development October 19, 2017 MPLX Overview Scott Garner, VP Corporate Development October 19, 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding

More information

Midstream-to-Downstream. James Crews, VP Business Development MarkWest Energy Partners January 26, 2017

Midstream-to-Downstream. James Crews, VP Business Development MarkWest Energy Partners January 26, 2017 Midstream-to-Downstream James Crews, VP Business Development MarkWest Energy Partners January 26, 2017 Forward-Looking Statements This presentation contains forward-looking statements within the meaning

More information

Mizuho Energy Infrastructure Summit. April 2017

Mizuho Energy Infrastructure Summit. April 2017 Mizuho Energy Infrastructure Summit April 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ( MPLX )

More information

Deutsche Bank MLP, Midstream, and Natural Gas Conference. May 2017

Deutsche Bank MLP, Midstream, and Natural Gas Conference. May 2017 Deutsche Bank MLP, Midstream, and Natural Gas Conference May 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding

More information

West Virginia Governors Energy Summit Jim Crews, Vice President Business Development October 19,2017

West Virginia Governors Energy Summit Jim Crews, Vice President Business Development October 19,2017 West Virginia Governors Energy Summit Jim Crews, Vice President Business Development October 19,2017 About MPLX Growth-oriented, diversified MLP with high-quality, strategically located assets with leading

More information

Investor Presentation January 2017

Investor Presentation January 2017 Investor Presentation January 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ( MPLX ) and Marathon

More information

J.P. Morgan West Coast Energy Infrastructure/MLP 1x1 Forum

J.P. Morgan West Coast Energy Infrastructure/MLP 1x1 Forum J.P. Morgan West Coast Energy Infrastructure/MLP 1x1 Forum Pam Beall, Executive Vice President and CFO March 28, 2018 Forward Looking Statements This presentation contains forward-looking statements within

More information

MLPA Investor Conference. May 2018

MLPA Investor Conference. May 2018 MLPA Investor Conference May 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ( MPLX ) and Marathon

More information

RBC Capital Markets Midstream Conference. November 2017

RBC Capital Markets Midstream Conference. November 2017 RBC Capital Markets Midstream Conference November 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP (

More information

Wells Fargo Pipeline, MLP and Utility Symposium. December 2017

Wells Fargo Pipeline, MLP and Utility Symposium. December 2017 Wells Fargo Pipeline, MLP and Utility Symposium December 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX

More information

UBS Midstream & MLP Conference. January 2018

UBS Midstream & MLP Conference. January 2018 UBS Midstream & MLP Conference January 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ( MPLX ) and

More information

Antero Resources Reports Fourth Quarter and Full Year 2016 Financial and Operational Results

Antero Resources Reports Fourth Quarter and Full Year 2016 Financial and Operational Results Antero Resources Reports Fourth Quarter and Full Year 2016 Financial and Operational Results Denver, Colorado, February 28, 2017 Antero Resources Corporation (NYSE: AR) ( Antero or the Company ) today

More information

2015 Wells Fargo Energy Symposium. December 8, 2015

2015 Wells Fargo Energy Symposium. December 8, 2015 2015 Wells Fargo Energy Symposium December 8, 2015 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ("MPLX"),

More information

Utica Midstream Conference Presentation Blue Racer Midstream. June 8th, 2016

Utica Midstream Conference Presentation Blue Racer Midstream. June 8th, 2016 fp Utica Midstream Conference Presentation Blue Racer Midstream June 8th, 2016 Utica Midstream Conference Disclaimer n Forward-Looking Statements This presentation contains forward-looking statements based

More information

Antero Midstream Reports Fourth Quarter and Full Year 2016 Financial and Operational Results

Antero Midstream Reports Fourth Quarter and Full Year 2016 Financial and Operational Results NEWS RELEASE Antero Midstream Reports Fourth Quarter and Full Year 2016 Financial and Operational Results 2/28/2017 DENVER, Feb. 28, 2017 /PRNewswire/ -- Antero Midstream Partners LP (NYSE: AM) ("Antero

More information

Second Quarter 2017 Earnings Call Presentation August 3, 2017

Second Quarter 2017 Earnings Call Presentation August 3, 2017 Second Quarter 2017 Earnings Call Presentation August 3, 2017 1 Forward-Looking Statements This presentation contains forward-looking statements. All statements, other than statements of historical facts,

More information

Antero Resources Reports Third Quarter 2013 Financial and Operational Results

Antero Resources Reports Third Quarter 2013 Financial and Operational Results Antero Resources Reports Third Quarter 2013 Financial and Operational Results Highlights: Net daily production averaged 566 MMcfe/d, a 25% increase over second quarter 2013 and a 128% increase over third

More information

Antero Resources Reports First Quarter 2013 Results

Antero Resources Reports First Quarter 2013 Results Antero Resources Reports First Quarter 2013 Results DENVER, May 13, 2013 /PRNewswire/ -- Highlights: Net daily production averaged 383 MMcfe/d, up 114% over first quarter 2012 production from continuing

More information

Antero Resources Reports First Quarter 2017 Financial and Operational Results

Antero Resources Reports First Quarter 2017 Financial and Operational Results NEWS RELEASE Antero Resources Reports First Quarter 2017 Financial and Operational Results 5/8/2017 DENVER, May 8, 2017 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company")

More information

Antero Resources Reports Third Quarter 2013 Financial and Operational Results

Antero Resources Reports Third Quarter 2013 Financial and Operational Results Antero Resources Reports Third Quarter 2013 Financial and Operational Results DENVER, Nov. 6, 2013 /PRNewswire/ -- (Logo: http://photos.prnewswire.com/prnh/20131101/la09101logo) Highlights: Net daily production

More information

Antero Resources Reports Second Quarter 2013 Financial Results, Utica First Production and Well Rates

Antero Resources Reports Second Quarter 2013 Financial Results, Utica First Production and Well Rates Antero Resources Reports Second Quarter 2013 Financial Results, Utica First Production and Well Rates Highlights: Net daily production averaged 458 MMcfe/d, up 115% over second quarter 2012 production

More information

Second Quarter 2016 Earnings Call Presentation August 3, 2016

Second Quarter 2016 Earnings Call Presentation August 3, 2016 Second Quarter 216 Earnings Call Presentation August 3, 216 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements, other than statements of historical facts,

More information

Rice Midstream Partners First Quarter 2015 Supplemental Slides May 7, 2015

Rice Midstream Partners First Quarter 2015 Supplemental Slides May 7, 2015 Rice Midstream Partners First Quarter 2015 Supplemental Slides May 7, 2015 1 2 Rice Midstream Partners MLP Overview Marcellus Gathering and Compression Initial assets consist of gas gathering system with

More information

Antero Midstream and AMGP Report Second Quarter 2018 Financial and Operating Results

Antero Midstream and AMGP Report Second Quarter 2018 Financial and Operating Results Antero Midstream and AMGP Report Second Quarter 2018 Financial and Operating Results Denver, Colorado, August 1, 2018 Antero Midstream Partners LP (NYSE: AM) ( Antero Midstream or the Partnership ) and

More information

Partnership Overview February 2017

Partnership Overview February 2017 Partnership Overview February 2017 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this presentation

More information

2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP & Energy Symposium. December 4, 2012

2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP & Energy Symposium. December 4, 2012 2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP & Energy Symposium December 4, 2012 Risks and Forward-Looking Statements This presentation includes forward-looking statements

More information

NAPTP MLP Investor Conference. May 23, 2013

NAPTP MLP Investor Conference. May 23, 2013 NAPTP MLP Investor Conference May 23, 2013 Forward-Looking Statement Statements made in this presentation that are not historical facts are forward-looking statements within the meaning of the U.S. Private

More information

Partnership Overview March 2017

Partnership Overview March 2017 Partnership Overview March 2017 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this presentation

More information

Partnership Overview June 2017

Partnership Overview June 2017 Partnership Overview June 2017 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this presentation

More information

MLPA 2017 Investor Conference June 1, 2017

MLPA 2017 Investor Conference June 1, 2017 MLPA 2017 Investor Conference June 1, 2017 2 Forward-Looking Statements This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this

More information

Rice Midstream Partners First Quarter 2016 Supplemental Slides May 4,

Rice Midstream Partners First Quarter 2016 Supplemental Slides May 4, Rice Midstream Partners First Quarter 2016 Supplemental Slides May 4, 2016 1 www.ricemidstream.com RMP: High Growth MLP in Prolific Appalachian Basin TOP-TIER GROWTH DRIVEN BY ACTIVE CUSTOMERS Strategically

More information

Antero Resources Reports Second Quarter 2017 Financial and Operational Results and Increases 2017 Production Guidance

Antero Resources Reports Second Quarter 2017 Financial and Operational Results and Increases 2017 Production Guidance NEWS RELEASE Antero Resources Reports Second Quarter 2017 Financial and Operational Results and Increases 2017 Production Guidance 8/2/2017 DENVER, Aug. 2, 2017 /PRNewswire/ -- Antero Resources Corporation

More information

2017 RBC Capital Markets Global Energy & Power Executive Conference June 7, 2017

2017 RBC Capital Markets Global Energy & Power Executive Conference June 7, 2017 2017 RBC Capital Markets Global Energy & Power Executive Conference June 7, 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities

More information

Natural Gas Liquids Update: Leading Position & Strong Fundamentals

Natural Gas Liquids Update: Leading Position & Strong Fundamentals 1 Natural Gas Liquids Update: Leading Position & Strong Fundamentals Cautionary Statement This presentation includes "forward-looking statements". Such forward-looking statements are subject to a number

More information

Investor Presentation. December 2016

Investor Presentation. December 2016 Investor Presentation December 2016 Forward-Looking Statements Under the Private Securities Litigation Act of 1995 This document may contain or incorporate by reference forward-looking statements as defined

More information

Antero Resources Reports Fourth Quarter and Year- End 2013 Financial and Operating Results

Antero Resources Reports Fourth Quarter and Year- End 2013 Financial and Operating Results Antero Resources Reports Fourth Quarter and Year- End 2013 Financial and Operating Results February 26, 2014 DENVER, Feb. 26, 2014 /PRNewswire/ -- (Logo: http://photos.prnewswire.com/prnh/20131101/la09101logo)

More information

Citi One-On-One MLP / Midstream Infrastructure Conference. August 20, 2014 Strong. Innovative. Growing.

Citi One-On-One MLP / Midstream Infrastructure Conference. August 20, 2014 Strong. Innovative. Growing. Citi One-On-One MLP / Midstream Infrastructure Conference August 20, 2014 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning

More information

Antero Resources Reports Fourth Quarter and Full Year 2017 Financial and Operating Results

Antero Resources Reports Fourth Quarter and Full Year 2017 Financial and Operating Results NEWS RELEASE Antero Resources Reports Fourth Quarter and Full Year 2017 Financial and Operating Results 2/13/2018 DENVER, Feb. 13, 2018 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero"

More information

Morgan Stanley Marcellus-Utica Conference

Morgan Stanley Marcellus-Utica Conference Morgan Stanley Marcellus-Utica Conference September 19, 2012 www.enterpriseproducts.com All rights reserved. Enterprise Products Partners L.P. Randy Fowler EVP & CFO Forward Looking Statements This presentation

More information

NAPTP Annual MLP Investor Conference NASDAQ: CPNO. May 12, 2010

NAPTP Annual MLP Investor Conference NASDAQ: CPNO. May 12, 2010 NAPTP Annual MLP Investor Conference NASDAQ: CPNO May 12, 2010 Disclaimer Statements made by representatives of Copano Energy, L.L.C. ( Copano ) during this presentation will include forward-looking statements,

More information

Second Quarter 2018 Earnings Presentation. August 2, 2018

Second Quarter 2018 Earnings Presentation. August 2, 2018 Second Quarter 2018 Earnings Presentation August 2, 2018 Forward-Looking Statements 2 This presentation contains forward-looking statements. All statements, other than statements of historical facts, included

More information

Partnership Overview August 2017

Partnership Overview August 2017 Partnership Overview August 2017 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this presentation

More information

Bank of America Merrill Lynch 2016 Refining Conference

Bank of America Merrill Lynch 2016 Refining Conference Bank of America Merrill Lynch 2016 Refining Conference Tim Griffith, Senior Vice President and CFO March 3, 2016 Forward Looking Statements This presentation contains forward-looking statements within

More information

FOURTH-QUARTER AND FULL-YEAR 2015 EARNINGS. Feb. 22, 2016

FOURTH-QUARTER AND FULL-YEAR 2015 EARNINGS. Feb. 22, 2016 FOURTH-QUARTER AND FULL-YEAR 2015 EARNINGS Feb. 22, 2016 FORWARD-LOOKING STATEMENTS Statements contained in this presentation that include company expectations or predictions should be considered forward-looking

More information

Partnership Overview September 2017

Partnership Overview September 2017 Partnership Overview September 2017 Forward-Looking Statements This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this presentation

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP Fourth Quarter 2014 Conference Call February 18, 2015 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking

More information

Goldman Sachs Global Energy Conference. January 2018

Goldman Sachs Global Energy Conference. January 2018 Goldman Sachs Global Energy Conference January 2018 1 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding Marathon Petroleum

More information

Rice Midstream Partners Citi MLP Conference August 19 20, 2015

Rice Midstream Partners Citi MLP Conference August 19 20, 2015 Rice Midstream Partners Citi MLP Conference August 19 20, 2015 1 Investment Highlights Premier E&P Sponsorship with RICE 144K net acres in the dry gas cores of the Marcellus and Utica with 13+ year inventory

More information

2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP and Energy. Symposium

2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP and Energy. Symposium 2012 Wells Fargo Securities Research & Economics 11 th Annual Pipeline, MLP and Energy Symposium December 4-5, 2012 Forward-Looking Statements Under the Private Securities Litigation Act of 1995 This document

More information

Morgan Stanley MLP Bus Tour

Morgan Stanley MLP Bus Tour Morgan Stanley MLP Bus Tour January 26, 2016 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP MLPA 2016 Investor Conference June 3, 2016 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking statements

More information

Targa Resources Corp. Fourth Quarter 2018 Earnings & 2019 Guidance Supplement February 20, 2019

Targa Resources Corp. Fourth Quarter 2018 Earnings & 2019 Guidance Supplement February 20, 2019 Targa Resources Corp. Fourth Quarter 2018 Earnings & 2019 Guidance Supplement February 20, 2019 Forward Looking Statements Certain statements in this presentation are "forward-looking statements" within

More information

JANUARY 23, 2017 FOCUS ON PEOPLE STRIVE FOR EXCELLENCE BE ETHICAL DELIVER RESULTS

JANUARY 23, 2017 FOCUS ON PEOPLE STRIVE FOR EXCELLENCE BE ETHICAL DELIVER RESULTS 2017 GUIDANCE JANUARY 23, 2017 FOCUS ON PEOPLE STRIVE FOR EXCELLENCE BE ETHICAL DELIVER RESULTS BE GOOD STEWARDS FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within

More information

J.P. Morgan 2017 Energy Equity Investor Conference

J.P. Morgan 2017 Energy Equity Investor Conference J.P. Morgan 2017 Energy Equity Investor Conference Gary Heminger, Chairman, President and CEO June 26, 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning

More information

Credit Suisse 24 th Annual Energy Summit Bill Way, President and CEO NYSE: SWN

Credit Suisse 24 th Annual Energy Summit Bill Way, President and CEO NYSE: SWN Credit Suisse 24 th Annual Energy Summit Bill Way, President and CEO NYSE: SWN Forward-Looking Statements This presentation contains forward-looking statements. Forward-looking statements relate to future

More information

Antero Resources Reports Second Quarter 2018 Financial and Operational Results

Antero Resources Reports Second Quarter 2018 Financial and Operational Results August 1, 2018 Antero Resources Reports Second Quarter 2018 Financial and Operational Results DENVER, Aug. 1, 2018 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero" or the "Company") today

More information

Antero Resources Reports First Quarter 2018 Financial and Operating Results

Antero Resources Reports First Quarter 2018 Financial and Operating Results Antero Resources Reports First Quarter 2018 Financial and Operating Results Denver, Colorado, April 25, 2018 Antero Resources Corporation (NYSE: AR) ( Antero or the Company ) today released its first quarter

More information

2018 Update and 2019 Outlook

2018 Update and 2019 Outlook PEOPLE PROCESS TECHNOLOGY 2018 Update and 2019 Outlook February 12, 2019 Earnings Call Forward-Looking Statements Under the Private Securities Litigation Reform Act of 1995 This document may contain or

More information

Antero Midstream Partners LP

Antero Midstream Partners LP Use these links to rapidly review the document TABLE OF CONTENTS INDEX TO FINANCIAL STATEMENTS TABLE OF CONTENTS Table of Contents Filed Pursuant to Rule 424(b)(4) Commission File No. 333-193798 PROSPECTUS

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP Fourth Quarter 2016 Conference Call February 21, 2017 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking

More information

Investor Presentation. as revised on August 3, 2017

Investor Presentation. as revised on August 3, 2017 Investor Presentation as revised on August 3, 2017 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding Marathon Petroleum

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP MLPA 2017 Investor Conference Presentation Rod Sailor President & CEO June 1, 2017 Forward-Looking Statements This presentation and the oral statements made in connection

More information

May 9, First Quarter 2018 Results Earnings Conference Call

May 9, First Quarter 2018 Results Earnings Conference Call May 9, 2018 Earnings Conference Call Non-GAAP Financial Measures SemGroup s non-gaap measures, Adjusted EBITDA and Total Segment Profit, are not GAAP measures and are not intended to be used in lieu of

More information

Third Quarter 2018 Earnings Call

Third Quarter 2018 Earnings Call PEOPLE PROCESS TECHNOLOGY Third Quarter 2018 Earnings Call November 6, 2018 Forward-Looking Statements Under the Private Securities Litigation Reform Act of 1995 This document may contain or incorporate

More information

February 5, 2013 Cleveland, Ohio

February 5, 2013 Cleveland, Ohio February 5, 2013 Cleveland, Ohio Momentum s Appalachian Assets 1 Utica Shale Joint Venture UEO Buckeye UEO Buckeye is a midstream JV in the Utica developed in conjunction with Chesapeake / Access and EVEP

More information

5 th Annual Appalachian Gas Marcellus and Utica Production, Pricing, Takeaway, and Markets

5 th Annual Appalachian Gas Marcellus and Utica Production, Pricing, Takeaway, and Markets 5 th Annual Appalachian Gas Marcellus and Utica Production, Pricing, Takeaway, and Markets October 15-16, 2012 * The Westin Convention Center Pittsburgh* Pittsburgh, PA Day One Monday, October 15, 2012

More information

Credit Suisse Energy Summit

Credit Suisse Energy Summit Credit Suisse Energy Summit Gary Heminger, Chairman and CEO February 13, 2018 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws

More information

SemGroup Reports Financial Results for First Quarter 2018

SemGroup Reports Financial Results for First Quarter 2018 SemGroup Reports Financial Results for First Quarter 2018 Tulsa, Okla. - May 8, 2018 - SemGroup Corporation (NYSE:SEMG) today reported first quarter 2018 net loss of $33 million, compared to net income

More information

Investor Relations Presentation

Investor Relations Presentation Investor Relations Presentation EQT Midstream Partners-EQT GP Holdings February 2018 1 Cautionary Statements Disclosures in this presentation contain certain forward-looking statements. Statements that

More information

CONE Midstream Partners LP. Capital Link MLP Investing Forum March 5, 2015

CONE Midstream Partners LP. Capital Link MLP Investing Forum March 5, 2015 CONE Midstream Partners LP Capital Link MLP Investing Forum March 5, 2015 Disclaimer Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities

More information

Investor Presentation. January 4, 2017

Investor Presentation. January 4, 2017 Investor Presentation January 4, 2017 Forward-Looking Statements Cautionary Statement Regardng Forward-Looking Statements This presentation contains or incorporates by reference forward-looking statements

More information

Forward Looking Statements

Forward Looking Statements January 2010 1 Forward Looking Statements This presentation contains forward looking statements within the meaning of the federal securities laws. Forward looking statements are not guarantees of performance.

More information

EQM & EQGP Investor Presentation

EQM & EQGP Investor Presentation EQM & EQGP Investor Presentation October 2015 Cautionary Statements Disclosures in this presentation contain certain forward-looking statements. Statements that do not relate strictly to historical or

More information

UBS One-on-One MLP Conference

UBS One-on-One MLP Conference UBS One-on-One MLP Conference January 13, 2015 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities

More information

Partnership Overview JANUARY 2019

Partnership Overview JANUARY 2019 Partnership Overview JANUARY 2019 Legal Disclaimer No Offer or Solicitation This presentation discusses a previously announced proposed business combination transaction between Antero Midstream Partners

More information

Partnership Overview December 2017

Partnership Overview December 2017 Partnership Overview December 2017 Forward-Looking Statements This presentation contains forward-looking statements. All statements, other than statements of historical facts, included in this presentation

More information

Analyst Presentation November 2016

Analyst Presentation November 2016 Analyst Presentation November 2016 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)

More information

EPD NYSE 2ND QUARTER 2017 FACT SHEET DISTRIBUTION REINVESTMENT PLAN $ $1.68/Unit. Baa1/BBB+ ENTERPRISEPRODUCTS.COM

EPD NYSE 2ND QUARTER 2017 FACT SHEET DISTRIBUTION REINVESTMENT PLAN $ $1.68/Unit. Baa1/BBB+ ENTERPRISEPRODUCTS.COM FINANCIAL PERFORMANCE EPD UNIT PRICE 8/23/17 CURRENT ANNUALIZED DISTRIBUTION 26.02 1.68/Unit YIELD RANKING ON FORTUNE 500 6.5% 122 SENIOR UNSECURED DEBT RATINGS MOODY S/STANDARD & POOR S Baa1/BBB+ PARTNERSHIP

More information

EQM & EQGP Investor Presentation

EQM & EQGP Investor Presentation EQM & EQGP Investor Presentation July 2015 Cautionary Statements Disclosures in this presentation contain certain forward-looking statements. Statements that do not relate strictly to historical or current

More information

LOUISIANA ENERGY CONFERENCE MIDSTREAM PANEL

LOUISIANA ENERGY CONFERENCE MIDSTREAM PANEL ENTERPRISE PRODUCTS PARTNERS L.P. LOUISIANA ENERGY CONFERENCE MIDSTREAM PANEL May 31, 2018 Randy Burkhalter Vice President, Investor Relations ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. enterpriseproducts.com

More information

Atlas Pipeline Partners, L.P.

Atlas Pipeline Partners, L.P. Atlas Pipeline Partners, L.P. NYSE: APL 6 th Annual Wachovia Pipeline & MLP Symposium New York, NY December 6, 2007 1 Safe Harbor Statement THE WORDS BELIEVES, ANTICIPATES, EXPECTS AND SIMILAR EXPRESSIONS

More information

Analyst Presentation October 27, 2016

Analyst Presentation October 27, 2016 Analyst Presentation October 27, 2016 EQT Cautionary Statements EQT Corporation (NYSE: EQT) EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Pat Kane - Chief Investor Relations Officer (412)

More information

DECEMBER 2018 INVESTOR PRESENTATION. December 4, 2018

DECEMBER 2018 INVESTOR PRESENTATION. December 4, 2018 DECEMBER 2018 INVESTOR PRESENTATION December 4, 2018 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the federal securities laws. Although these statements

More information

EQM & EQGP Investor Presentation

EQM & EQGP Investor Presentation EQM & EQGP Investor Presentation January 2016 Cautionary Statements Disclosures in this presentation contain certain forward-looking statements. Statements that do not relate strictly to historical or

More information

Jefferies 2012 Global Energy Conference

Jefferies 2012 Global Energy Conference Jefferies 2012 Global Energy Conference November 29, 2012 NASDAQ: CPNO 1 Disclaimer Forward-Looking Statements This presentation includes forward-looking statements, as defined in the federal securities

More information

Targa Resources Corp. Fourth Quarter 2017 Earnings & 2018 Guidance Supplement February 15, 2018

Targa Resources Corp. Fourth Quarter 2017 Earnings & 2018 Guidance Supplement February 15, 2018 Targa Resources Corp. Fourth Quarter 2017 Earnings & 2018 Guidance Supplement February 15, 2018 Forward Looking Statements Certain statements in this presentation are "forward-looking statements" within

More information

SemGroup Reports Improved Earnings for Second Quarter 2018

SemGroup Reports Improved Earnings for Second Quarter 2018 SemGroup Reports Improved Earnings for Second Quarter 2018 Tulsa, Okla. - August 8, 2018 - SemGroup Corporation (NYSE:SEMG) today reported second quarter 2018 net loss of $2.7 million, compared to net

More information

Credit Suisse MLP & Energy Logistics Conference

Credit Suisse MLP & Energy Logistics Conference Credit Suisse MLP & Energy Logistics Conference June 23, 2015 Strong. Innovative. Growing. 1 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP Third Quarter 2014 Conference Call November 4, 2014 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking

More information