Rice Midstream Partners First Quarter 2015 Supplemental Slides May 7, 2015 1
Rice Midstream Partners MLP Overview Marcellus Gathering and Compression SYSTEM MAP Initial assets consist of gas gathering system with Legend RMP Gathering Pipeline Beaver expected capacity of 4.1 MMDth/d by YE15 RMP Gathering…
RMP First Quarter 2015 Financial Summary Solid first quarter results supported by well capitalized balance sheet and ample liquidity Financial Summary(1) Capitalization and Liquidity First quarter average daily throughput of 557…
Industry-Leading Throughput Growth 1Q 2015 throughput of 668 MDth/d through RICE and RMP midstream systems (17% 3rd Party), 13% increase from 4Q14 throughput RMP System: 557 MDth/d (11% 3rd Party) RICE OH System: 111 MDth/d (44% 3rd…
Drop Down Opportunities Overview Overview of Assets Assets include OH gas gathering and PA/OH water Legend RICE Gathering Pipeline services RICE Gathering Pipeline to be Constructed Hancock OH Gathering 1Q 2015 throughput of 111…
RMP Financial Overview CAPITALIZATION AND LIQUIDITY AT 3/31/15 2015 GUIDANCE in millions, except per share data, as of 3/31/15 2015 Capital Budget (in millions) Common Units 29 Subordinated Units 29 Gas Gathering 85 Total Units…
RICE Overview 7
Concentrated, Core Assets COMPANY TOTAL CORE ASSETS Highly concentrated position of 146,000 net acres in the Legend RMP Gathering Pipeline cores of the lowest breakeven gas shale plays in the U.S. RMP Gathering Pipeline to be…
RICE First Quarter 2015 Financial Summary Solid first quarter results supported by well capitalized balance sheet and ample liquidity Financial Summary Operating Statistics 1Q15 net production of 440 MMcfe/d; 11% increase above 4Q14 1Q…
Ample Liquidity and Financial Flexibility RICE is capable of funding 100% of 2015 capital plan with liquidity on-hand Favorable credit metrics & covenants ensure flexibility Cash & Revolver Capacity 3/31/15 MM 1,000 875 1.2B pro…
RMP Market Snapshot Rice Midstream Partners LP Rice Energy Inc (NYSE: RMP) (NYSE: RICE) millions, except per share data, as of 05/01/15 millions, except per share data, as of 05/01/15 Common Units 29 Management Ownership 30%…
Appendix 12
3rd Party Midstream Dedications RMP Commentary SYSTEM MAP Legend 3rd party gathering dedications RMP Gathering Pipeline Beaver RMP Gathering Pipeline Beaver 21,000 gross acres dedicated to be Constructed RICE Acreage 1Q 2015…
Right of First Offer RICE PA + OH Water Systems PA and OH Water Asset Description OVERVIEW OF ASSETS RICE is expanding two independent fresh water Hancock Beaver distribution systems to service PA and OH Allegheny completions…
Midstream System Statistics Marcellus (PA) Utica (OH) Gathering and Compression Statistics Gathering and Compression Statistics YE14 YE15 YE14 YE15 Gathering and Compression Statistics Gas Gathering Pipeline Mileage (miles) 81 111 Gas…
1Q 2015 Adjusted EBITDA Reconciliation Three Months Ended ( in thousands) March 31, 2015 Adjusted EBITDA reconciliation to loss from continuing operations: Net income 9,068 Interest expense 394 Depreciation expense 1,449…
Additional Disclosures Determination of Identified Drilling Locations as of December 31, 2014 Net undeveloped locations are calculated by taking RICEs total net acreage and multiplying such amount by a risking factor which is then…
Loading...
