Sunoco Logistics Partners L.P. First Quarter 2013 Earnings Conference Call May 9, 2013
Forward-Looking Statements You should review this slide presentation in conjunction with the first quarter 2013 earnings conference call for Sunoco Logistics Partners L.P., held on May 9, 2013 at 8:30 a.m. ET (7:30 a.m. CT). You may…
Highlights Record quarterly performance: 236 million Adjusted EBITDA 195 million Distributable Cash Flow (DCF) 5% distribution increase (quarter over quarter): 2.18/unit to 2.29/unit (annualized) 34% increase over 1Q12…
Major Organic Projects Successful Open Seasons: Three West Texas Crude expansion projects (crude oil) Permian Express Phase I (crude oil) Allegheny Access (refined products) Mariner West (natural gas liquids) Mariner East (natural…
Organic Growth Capital Optimize current asset base 700 600 Investment (MM) Invest in organic extensions 500 400 Organic Projects: 300 West Texas Crude Projects 200 Permian Express 100 0 Mariner Projects 2008 2009 2010 2011…
Original 110 MB/D West Texas Expansion Crude Oil West Texas Crude Expansion: Strong demand for takeaway capacity out of the Permian Basin Existing crude pipeline Multiple destinations 3 Successful Open Seasons Houston Access 40…
Permian Express Crude Oil Additional West TX Crude Expansion: Continued strong demand for takeaway capacity out of the Permian Basin Phase I: Successful Open Season Wichita Falls to Nederland Permian Express I Permian Crude to…
Allegheny Access Refined Products Midwest products to Eastern Ohio Allegheny Access and Western Pennsylvania: Ohio Products to Pittsburgh Strong demand to move Midwest refined products east Refinery expansions Refinery…
Mariner West and East Natural Gas Liquids Mariner West Ethane from Houston to Sarnia Mariner East E/P from Houston to Marcus Hook 9
Mariner West and East Details Comprehensive Marcellus Shale Pipeline Solution Strong demand for NGL takeaway capacity out of the Marcellus Successful Open Seasons for both West and East Fee-based income Primarily existing pipeline…
Marcus Hook Natural Gas Liquids Acquired from Sunoco, Inc. 60MM Continued commitment to growth in natural gas liquids Anchors the Mariner East project Located near the Marcellus and Utica shales, the site offers many attractive…
Mariner South Natural Gas Liquids Export NGLs from Gulf Coast: Joint project between SXL and Lone Star (ETP/RGP) Mariner South NGLs from Mont Belvieu to Nederland Project originates at Lone Stars fractionation facility in Mont…
Eaglebine Express Crude Oil Approximately 60MB/D of takeaway capacity from the Eaglebine and Eaglebine Express Eaglebine / Woodbine to Nederland Woodbine shale at Hearne to Nederland Existing MagTex pipeline Magtex acquired in…
APPENDIX 14
SXL Q1 2013 Earnings Highlights (amounts in millions, except per unit amounts) Three Months Ended March 31, 2013 2012 Calculation of Limited Partners' interest: Net Income attributable to Sunoco Logistics Partners L.P. 140 95 Less:…
SXL Q1 2013 Earnings Highlights Three Months Ended (amounts in millions) March 31, 2013 2012 Capital Expenditure Data: Maintenance 4 7 Expansion 136 43 Total 140 50 March 31, December 31, 2013 2012 Balance Sheet Data: Cash…
SXL Non-GAAP Financial Measures (amounts in millions) Three Months Ended March 31, 2013 2012 Net Income 142 97 Interest expense, net 19 24 Depreciation and amortization expense 64 25 Impairment charge(1) - 9 Provision for income…
Loading...
