UBS MLP ONE ON ONE CONFERENCE – Calumet Specialty Products Partners Lp
Calumet Specialty Products Partners Lp ·
Jan 14, 2015 · 24 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
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UBS MLP One-on-One Conference January 14, 2015
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Our Geographic Footprint 5
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How We Deliver Value to Our Unit Holders 6
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Acquisitions Further Our Rig to Retail Strategy 7
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Organic Growth Projects Remain on Track 8
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Recent Developments 9
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3Q14 Performance Summary 10
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3Q14 Performance Highlights 11
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Reconciliation of Distributable Cash Flow 3Q14 vs. 3Q13 12
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Full-Year 2013 RFS Exemption at San Antonio and Shreveport Refineries 13
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Financial Overview 14
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Adjusted EBITDA Bridge 3Q13 vs. 3Q14 15
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Gross Profit Per Barrel and Adjusted EBITDA By Operating Segment 16
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Access To Liquidity Supports Business Growth 17
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Robust Hedging Program Helps Mitigate Market Volatility In Fuel Products Segment 18
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Spending on Growth Projects Represents Approximately 80% of 2014 Capital Budget 19
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Key Credit Metrics 20
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Appendix Supplemental Financial Data 21
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EXHIBIT A: Capital Structure Overview Millions 12/31/12 12/31/13 3/31/14 6/30/14 9/30/14 Cash 32.2 121.1 179.6 14.6 7.7 ABL Revolver Borrowings - - - 59.2 124.2 9.375% Senior Notes due 2019 600.0 500.0 - - - 9.625% Senior Notes due…
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EXHIBIT B: Reconciliation of Adjusted EBITDA and Distributable Cash Flow Quarter Ended in millions 6/30/13 9/30/13 12/31/13 3/31/14 6/30/14 9/30/14 Sales 1,354 1,506 1,243 1,341 1,435 1,676 Cost of sales 1,253 1,443 1,131 1,216…
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Investor Relations Contact Noel Ryan Vice President, Investor & Media Relations Direct 720.583.0099 Email noel.ryanclmt.com 24