Skip to main content Q3 2013 EARNINGS CALL – Nisource Inc. Investor Presentation | Shale Experts
Loading...
Pm

Q3 2013 EARNINGS CALL – Nisource Inc.

Nisource Inc. · Oct 31, 2013 · 16 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 1
    Supplemental Slides Third Quarter 2013 Earnings October 31, 2013 1
  2. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 2
    Key Takeaways Third Quarter 2013 Continued Execution of NiSources Infrastructure Investment Strategy Results in line with expectations and 2013 earnings guidance 2 billion capital program for 2013 on track NIPSCO files long-term,…
  3. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 3
    Third Quarter 2013 Financial Highlights Financial Results in Line with 2013 Earnings Guidance Non-GAAP** Q3 2013* Q3 2012* Change* Net Operating Earnings 57.1 12.2 44.9 from Continuing Operations Net Operating Earnings Per…
  4. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 4
    Third Quarter 2013 Financing Highlights Solid Liquidity & Financial Profile Solid liquidity position - 1.38B as of Sept. 30, 2013 Issued 500M, 30-year notes at 5.65% Increased revolver by 500M to 2B, extended term to Sept. 2018…
  5. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 5
    Columbia Pipeline Group Third Quarter 2013 Continued Infrastructure Development Execution Operating earnings 98.7M in Q3 2013 vs. 38.8M in Q3 2012 * New 60M natural gas liquids (NGL) line supports takeaway capacity at Hickory Bend…
  6. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 6
    Electric Operations Third Quarter 2013 Modernization Plan Investments Provide Growth and Customer Benefits Operating earnings 90.5M in Q3 2013 vs. 77.8M in Q3 2012 * 1B electric modernization program filed and under review by the…
  7. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 7
    NiSource Gas Distribution Third Quarter 2013 10B Inventory of Long-Term Infrastructure Investments Operating earnings (0.5M) in Q3 2013 vs. 9.7M in Q3 2012* Maryland rate order approves 3.6M annual revenue increase NIPSCO gas rate…
  8. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 8
    Appendix Third Quarter 2013 Earnings October 30, 2013 9
  9. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 9
    Capital Expenditures (M) 2013 Forecasted CapEx 2.0B 40 760 434 766 2013 Gas Distribution Electric Pipeline Group Corporate 2013 Growth & Tracker 1,480M (74%) and Age & Condition 520M (26%) 10
  10. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 10
    Capitalization (M) Total Debt to Capitalization 59.7% as of 9/30/13 Actual 9/30/2013 Actual 12/31/2012 Debt Equity Total Debt Equity Total Long-Term Debt 7,089.1 - 7,089.1 6,819.1 - 6,819.1 Short-Term Debt 612.5 - 612.5 543.6…
  11. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 11
    Current Liquidity (M) Actual 9/30/13 Maturity Committed Credit Facility 2,000 September 2018 Less: Drawn on Credit Facility - Commercial Paper (613) Letters of Credit (21) Add: Cash & Equivalents 15 Net Available…
  12. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 12
    CPG Regulated Pipeline & Storage Growth Update 3B-4B Opportunity 1 Millennium 90M (NI: 45M) 2Q 13 & 2Q 14 Marcellus: Deliver Marcellus supplies to multiple markets with expanded compression at Minisink (+150 MMcf/Day) and Hancock…
  13. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 13
    CPG Midstream & Minerals Growth Update 1B-1.5B Opportunity 10 Majorsville 85M 3Q 10 Marcellus: Gather wet Marcellus gas to processing facility and provide downstream pipeline market access with additional pipeline and compression…
  14. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 14
    Electric Operations Infrastructure Investment Update 5,6 Upgrade Generation Fleet 5,6 3,4 (700M - 1.4B Opportunity) 3,4 2 1 U14/15 FGDs 500M YE13/YE14 Environmental: ECRM (Environmental Cost Recovery Mechanism) 3,4 Tracked FGD…
  15. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 15
    NGD Infrastructure Investment Update 3 11 Modernize Infrastructure (10B+ Opportunity) 2 7 8 Complete Annual Investment 10 13 1 150M - 6 9 In Execution 1 Columbia Gas of Ohio 200M 20+ Years Tracked: Execution of established…
  16. Q3 2013 EARNINGS CALL – Nisource Inc. – slide 16
    Key Path Forward Markers 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 LT Debt Issuance of 750M (Term: 30 Years 4.8%) / LT Debt Issuance of 500M (Term: 30 Years 5.7%) Liquidity LT Debt Maturities: 420M (3/2013) & 500M (7/2014) Increased…

From the store

Browse maps, data & reports in the Shale Experts store