Forward-looking Information Certain matters contained in this Presentation include forward-looking statements. All statements, other than statements of historical fact, included in this Presentation including the prospects of our…
Non-GAAP Financial Measures SemGroup Adjusted EBITDA is presented in this presentation for certain periods. Adjusted EBITDA is not a U.S. generally accepted accounting principles (GAAP) measure and is not intended to be used in lieu…
The Business Crude Oil Storage & Transportation Cushing hub Storage KS/OK Pipeline and Storage Long-term contracts New tanks Connectivity Cushing Storage Blending Kansas/Oklahoma System Gathering and mainline pipeline…
The Business Crude Oil Storage & Transportation Bakken Shale Trucking Bakken Operation Storage Marketing Platteville, CO Truck unloading White Cliffs Platteville Pipeline Storage Facility Origin of White Cliffs Pipeline…
Ownership Structure 6
The Strategy Drop Downs Organic 3rd Party from Growth Acquisitions SemGroup Meet the changing infrastructure needs from emerging resource plays 7
Projects White Cliffs Pipeline 527-mile crude oil pipeline from DJ Basin to Cushing, OK Current capacity 70,000 barrels per day being expanded to 150,000 barrels per day 2Q 2014 completion Glass Mountain Pipeline 210-mile,…
Rose Rock Midstream 2013 Capex Guidance 2013 Capital Expenditures - 60 million 56 93% Growth Maintenance 4 7% Normalized (USD in Millions) Estimated Total Annual EBITDA (1) (2) Description Completion Date 2013 Capex…
Geography Located in the Liquids Fairway in the Mid-Continent Region Montney/Duvernay Montney/ Duvernay Shale Canadian sour and sweet gas gathering and processing Bakken Williston Basin Liquids gathering and marketing Bakken…
Future Growth from Drop Downs Rose Rock Midstreams relationship with SemGroup allows for future drop downs Total Adjusted Assets EBITDA (in millions) Asset Description 12/31/12 FY 2012 527-mile crude oil pipeline - 70,000 bpd…
Track Record Agreement with Eagle Energy Company to gather and process natural gas in the Mississippi Lime Play Agreement finalized SemGroup in Oklahoma Contributed for Glass Mountain dropped down SemStream to Announced plans…
Cash Distributions 2013 Target Coverage Ratio 1.1-1.2x Rose Rock Midstream, L.P. 2013 Target Distribution Growth (NYSE: RRMS) 10% to 15% year-over-year (in thousands, excluding per unit amounts) 0.50 Common Units owned by SemGroup…
Rose Rock Midstream 2013 Adjusted EBITDA Guidance 56 to 60 million(1) 2013 Adjusted EBITDA Adjusted EBITDA Guidance Assumptions (in millions) 2013 vs 2012 70 + Full year EBITDA contribution 50 40 + 1.95 million barrels of…
2013 Goals Safety Maintain safety and environmental record Deliver on Financial Targets Disciplined Investments Execute 2013 capital program Selectively pursue third-party acquisitions Execute MLP Drop Down Strategy Return of…
Why Get In Early On Rose Rock Midstream Straightforward strategy Attractive geography for growth Proven builders and operators Strong inventory of SemGroup assets to drop Solid distribution growth 16