OVERVIEW OF ROYAL DUTCH SHELL Shell Midstream Partners Market capitalization of over 250 billion One of the Worlds Presence in over 70 countries worldwide Largest Independent Oil Approximately 92,000 employees globally and Gas…
PORTFOLIO OF GLOBAL ASSETS Shell Midstream Partners Our portfolio of assets spans across the entire world and touches every aspect of the energy value chain Upstream Americas Global Deep-water Global Integrated Gas Global…
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…
TRANSACTION SUMMARY Shell Midstream Partners Acquisition price of 448 million Zydeco Pipeline Assumed 45 million annual adjusted EBITDA averaged over 18 months Run rate EBITDA of 48 million Acquiring additional interests in…
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…
FINANCIAL RESULTS FROM OPERATIONS Shell Midstream Partners Actuals (unaudited) Three Months Ended March 31, 2015 ( million) Revenue (Zydeco only) 51.7 Cost and Expenses (Zydeco & MLP G&A) 24.0 Operating Income 27.7 Income from…
NON-GAAP FINANCIAL MEASURES Shell Midstream Partners Three Months Ended Attributable to Shell Midstream Partners March 31, 2015 ( million) Adjusted EBITDA 28.5 Less: Net Interest Paid 0.1 Zydeco Maintenance Capital…
BALANCE SHEET Shell Midstream Partners As of March 31, 2015 ( million) Cash and Cash Equivalents 157 Total Debt 0 Revolving Credit Facility Capacity as of May 12, 2015 400 Copyright of Shell Midstream Partners, L.P.…
Shell Midstream Partners SHLX's Strengths Shell Midstream Partners Sponsor is committed to the growth and continued support of SHLX Shell has an extensive portfolio of current assets and future organic projects within its…
QUESTION & ANSWERS Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 16