NYSE:CELP Peter C. Boylan III Chairman & CEO Les Austin Vice President & CFO NAPTP 2015 MLP Investor Conference May 21, 2015
Cypress Energy Partners LP Midstream Services OVERVIEW We strive to be the premier midstream energy services company in markets we serve by building strong relationships with our stakeholders including customers, partners, employees,…
CELP Timeline and History 2012 2013 2014 2015 Q114 Q414 Q115 Q214 Q314 initial dividend of dividend of dividend of dividend of dividend of 0.406413 0.406413 0.396844 0.406413 0.3875 Initial Cypress Acquire Cypress Energy…
CELP Growth Opportunities Acquisitions Diversification: Plan to diversify into other businesses covered in our PLR over time including: Additional pipeline & inspection midstream-related activities required by federal and state…
CELP Growth Opportunities - PLR Recently issued IRS guidance on qualifying income should not have an adverse impact on any of our existing segments. There are potential growth opportunities associated with our intrinsic activities…
Pipeline Inspection & Integrity Midstream Services Federal and some state regulations require pipeline operators to develop integrity management programs and conduct inspections, with operators outsourcing elements. In-line…
The Life Cycle of a Pipeline Pipelines require inspection and integrity services for the entire life cycle. New Construction Potential Services: Current Services: Engineering / Design Right of Way Acquisitions ROW (limited) Survey /…
Pipeline Inspection & Integrity Midstream Services You can not deliver oil, natural gas, or other products to end users (refineries, gas plants, homes, factories, storage, etc.) without pipelines that require inspection services. North…
Pipeline Inspection & Integrity Divisions Inspection Integrity Tulsa Inspection Resources (TIR) provides inspection and integrity TIR: Provides pipeline integrity field support services. Offers turnkey Who We Are services to oil…
Pipeline Inspection & Integrity Midstream Services Tulsa Inspection Resources (TIR) has an excellent history, recently celebrating its 11th anniversary. Our Customers TIR Performance Operators of pipelines and related infrastructure…
Water & Environmental Midstream Essential Services You can not produce oil or gas without producing water & solids that need to be properly disposed. Production of Oil/Gas Water Fracturing Fracturing Well Completion And Saltwater…
Water & Environmental Services CELP Facilities Salt Water Disposal Facility Who We Are Own 11 SWD facilities 9 North Dakota facilities in Williston Basin 2 Texas facilities in Permian Basin Annual injection capacity of 50 million…
Water & Environmental Midstream Services You can not produce oil or natural gas without producing saltwater that needs to be properly managed. Saltwater disposal is regulated by various states and the US EPA with Class II injection…
A Growing & Attractive Midstream Services Company Independent Cypress/TIR inspection team High quality new SWD & has integrity business significant facilities in active U.S. serving industrylarge pipeline experience oil & gas…
Consolidated CELP Financial Performance: 2014 FY W&ES Summary PI&IS Summary(1) Avg. of Inspectors Disposal Volume 2,000 500 30 30 Revenue Average Number of Inspectors Revenue Revenue (Dollars in Millions) Revenue (Dollars…
2014 CELP EBITDA to DCF Reconciliation Per our Omnibus Agreement, the 49.9% owners previously absorbed additional costs (subsidies) benefiting CELP, including: 1) Incremental interest expense for credit facility use 2) 100% of the…
Financial Flexibility Credit Facility Credit Facility CELP Debt Credit Facility of 200 MM (Amended 10/21/14) Debt Outstanding and Capacity by Quarter Arrangers: Deutsche Bank, BMO 350.0 350.0 75 MM Borrowing Base Facility & 300.0…