Third Quarter 2013 Earnings Conference Call and Webcast October 31, 2013 1
Highlights Increased quarterly cash distribution by 0.0125, or 4.4%, to 0.2975 per unit Generated 31.1 million of distributable cash flow Achieved adjusted EBITDA of 30.5 million for the third quarter Targeting annual distribution…
Net Income Variance Analysis - 3Q 2013 Actual vs. 3Q 2013 Estimated per S-1 45 8.1 (2.5) 2.9 (6.7) 39.2 (17.7) 40 36.4 1.0 35 30 25 21.5 Millions 20 15 10 5 0 3Q 2013 Tariffs Volumes Other Cost of Other 3Q 2013 MPC…
MPLX Adjusted EBITDA and Distributable Cash Flow Actual Estimated (MM) 3Q 2013 3Q 2013* Adjusted EBITDA 52.8 47.6 Less: Adjusted EBITDA attributable to MPC-retained interest 22.3 22.2 Adjusted EBITDA attributable to MPLX LP 30.5 25.4…
MPLX Strong Financial Flexibility to Manage and Grow Asset Base MPLXs undrawn 500 million revolver provides significant liquidity to grow its business As of (MM except ratio data) 9/30/13 Cash and cash equivalents 86.9 Total…
Financial Performance Adjusted EBITDA* Distribution / Unit in millions / unit 26.7 30.5 25.1 4.4% Growth 18.2 4.6% Growth 3.8% Growth 0.2975 0.2850 0.2725 0.2625** 4Q' 12 1Q'13 2Q'13 3Q'13 4Q'12 1Q'13 2Q'13 3Q'13…
Appendix 8
MPLX LP Adjusted EBITDA and Distributable Cash Flow Reconciliation from Net Income Actual Estimated (MM) 3Q 2013 3Q 2013* Net income 39.2 36.4 Less: Net income attributable to MPC-retained interest 17.7 17.9 Net income attributable to…
MPLX Deficiency Payment Effect Example to be used for illustration purposes only (MM) 4Q 2012 1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 Quarterly Deficiency payment 2 5 3 5 - - - Use or expiration of credit (on or before) - -…
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