Paul Koonce Exec. VP & CEO Energy Infrastructure Group Wolfe Power & Gas Deep Dive Conference April 2, 2014
Dominion Profile Power and Natural Gas Infrastructure Leading provider of energy and energy services in the Midwest, Northeast and Mid-Atlantic regions of the U.S. 23,600 MW of electric generation 6,400 miles of electric…
Growth Plan 4
Growth Plan Continues Planned growth capital (billions) 13.7 - 14.1 billion Diverse plan with growth across all business units Average annual spend of 3.4 - 3.8 2.8 billion 2.1 1.9 3.4 1.4 3.0 0.9 2.2 1.7 0.5 4.8 1.0 3.7…
Dominion Generation 2014 2018 2013 2014 2015 2016 2017 2018 Biomass Conversions 3.4 billion* planned growth Bremo Conversion capex 2014-2018 Warren County Brunswick County (artist rendering) Solar Projects Brunswick County…
Electric Transmission 2014 2018 2013 2014 2015 2016 2017 2018 Cannon Branch - Cloverhill Mt. Storm - Doubs 3.2 billion planned growth capex Dooms - Bremo 2014-2018 Cloverhill - Liberty Skiffes Creek 650m average annual growth…
Dominion Energy Growth Plan 8
Marcellus and Utica Shale Production Forecast 20 Future pipeline Utica production* takeaway 15 opportunities BCF Per Day 12.5 Bcf/d of incremental firm pipeline take away capacity** 10 5 Marcellus production* 0…
US vs. Marcellus Dry Gas Production US Natural Gas WV & PA Marcellus Gas Dry Production Dry Production Feb. 2011 US Gas Production Jan. 2012 Utica WV & PA Marcellus 884 Rigs 124 Rigs Gas Production +12% Production +139% Mar.…
Blue Racer Midstream Utica Shale Midstream Services Joint Venture Positions Dominion to: Capture value of assets in Utica region Support 5-6% EPS growth Reduce planned capex Strategic Location & Business Focus: Existing assets…
Dominion Energy 2014 2018 2013 2014 2015 2016 2017 2018 Sabinsville to Morrisville Tioga Area Expansion 5.5 5.9 billion Marcellus Farmout planned growth capex Allegheny Storage 2014-2018 Western Access Natrium to Market…
Dominion Energy Northeast environment continues to change NY OH PA MD WV 13 Please refer to page 2 for risks and uncertainties related to projections and forward looking statements.
Dominion Energy Producer Outlet Projects Producer Outlet Projects Incremental firm transportation services with shorter lead times and minimal capital investment Projects beginning in 2014 1. 10-year agreement with Gulfport Energy…
Compass Strategy Building backlog of pipeline projects NY NORTH CENTRAL PA WEST OH MD WV SOUTH VA 15
Cove Point LNG Export & MLP 16
Cove Point LNG Export Key Milestones Key Milestones Date Status DOE Export to FTA Countries October 2011 Approved FERC Pre-Filing June 2012 Completed Ruling in favor of Dominion; Declaratory Judgment with Sierra Club January…
Dominion Midstream Partners, LP DRI Va. Power Dominion Gas MLP Dominion East Ohio Cove Point Blue Racer JV* Dominion Transmission Up to 1 billion of EBITDA Iroquois Additional 1 billion of eligible EBITDA Pipeline*…
Investment Consideration 19
Growth in Dividends 7% increase for 2014 2.40 Target 2.25 1.97 2.11 payout of 1.83 65-70% of operating Dividend Per earnings Share 2010 2011 2012 2013 2014* 2015 2015and beyond 2016 * All dividend declarations are…
Summary 14 billion infrastructure investment plan in place to support long-term earnings per share growth and annual dividend growth Blue Racer continues to execute on gathering & processing opportunities in the Utica shale…