Skip to main content May 2015 Investor Presentation – Shell Midstream Partners Lp | Shale Experts
Loading...
Pm

May 2015 Investor Presentation – Shell Midstream Partners Lp

Shell Midstream Partners Lp · May 7, 2015 · 17 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. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 1
    SHELL MIDSTREAM PARTNERS, L.P. (SHLX) INVESTOR PRESENTATION May 7, 2015 Shell Midstream Partners
  2. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 2
    MANAGEMENT REPRESENTATIVES Shell Midstream Partners Name Position at SHLX Position at Shell Executive Vice President, Margaret (Peggy) C. President, Chief Executive Officer US Pipelines Americas in Shell Montana and Director…
  3. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 3
    SHLX OVERVIEW Shell Midstream Partners Shell Midstream Partners is a fee-based, growth-oriented master limited partnership formed by Shell to own, operate, develop and acquire pipelines and other midstream assets Initial public…
  4. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 4
    DROP SUMMARY Shell Midstream Partners Acquisition Overview Zydeco Pipeline 448 million inaugural drop down from Shell Pipeline Acquiring additional interests in assets currently owned by Shell Midstream Partners 19.5% interest in…
  5. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 5
    FINANCIAL RESULTS FROM OPERATIONS Shell Midstream Partners Actuals (Unaudited) millions Three Months Ended March 31, 2015 Revenue (Zydeco only) 51.7 Cost and Expenses (Zydeco & MLP G&A) 24.0 Operating Income (Zydeco only) 27.7…
  6. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 6
    NON-GAAP FINANCIAL MEASURES Shell Midstream Partners Three Months Ended Attributable to Shell Midstream Partners (million) March 31, 2015 (Unaudited) Adjusted EBITDA 28.5 Less: Net Interest Paid 0.1 Zydeco Maintenance Capital…
  7. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 7
    SOURCES & USES AND LIQUIDITY Shell Midstream Partners Sources & Uses1 Liquidity March 31, 2015 Pro Forma Sources (in millions) Amt. (in millions) (Unaudited) PIPE Proceeds 250 Cash and cash equivalents 157 77 Revolver Borrowings…
  8. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 8
    MAINTENANCE ACTIVITY Shell Midstream Partners Producer turnaround at Mars platform expected Mars Pipeline in Q2. Estimated impact to Mars revenue attributable to the partnership is 800,000 for the second quarter. No extraordinary…
  9. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 9
    SHLX ASSET OVERVIEW AFTER FIRST DROP Shell Midstream Partners SPLC Retained MLP Ownership Ownership Mainline Interest Interest After Pipeline Length Capacity Description Shipper Profile After First Drop First Drop (miles) (Kbpd)…
  10. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 10
    EXTENSIVE PORTFOLIO OF MIDSTREAM ASSETS AT SPONSOR Shell Midstream Partners Shell Pipeline Company Onshore Shell Pipeline Company Offshore Crude Pipeline Refined Products Pipeline Major pipeline systems in California Ownership…
  11. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 11
    ORGANIC GROWTH Shell Midstream Partners Zydeco Mars Highlights Mars: new volumes from Jack St. Malo, Olympus, and Powerball currently ramping up Mars: new volumes from Big Foot, Coelacanth, and Stampede expected in…
  12. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 12
    SHLXS STRENGTHS Shell Midstream Partners Shell owns a large portfolio of additional midstream assets which SHLX may acquire in the future Relationship with Shell provides operating services to the MLP and has history of safe and…
  13. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 13
    QUESTION & ANSWERS Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 9 1 4
  14. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 14
    ZYDECO PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. 16
  15. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 15
    MARS PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. 17
  16. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 16
    BENGAL PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. 18
  17. May 2015 Investor Presentation – Shell Midstream Partners Lp – slide 17
    COLONIAL PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. 19

From the store

Browse maps, data & reports in the Shale Experts store