Credit Suisse MLP & Energy Logistics Conference June 23, 2015 Strong. Innovative. Growing. 1
Our Strategy: Stability Plus Growth A Unique Investment in the MLP Space Top tier midstream energy service for our customers Mastio Service Award winner in 2014 Stability of cash flows 95% fee-based contracts 50% of gross…
EnLink Is Unique Among MLPs Public MLP 120 Universe Gathering and 16 Processing * 90%+ 8 Fee-Based Investment 2 Grade Long 1 Organic Growth History * Source: Barclays Energy Infrastructure Weekly, June 15, 2015; 5…
The Vehicle for Sustainable Growth Powered By a Diverse Set of Assets & Services Significant Size & Scale 9,100 miles of pipelines 16 gas processing plants, 3.6 Bcf/d capacity 7 NGL fractionators, 280,000 Bbl/d capacity Diversity…
The Vehicle for Sustainable Growth: MLP Structure with a Premier Sponsor Devon Energy Corp. Public NYSE: DVN Unitholders (BBB+ / Baa1) 70% 30% EnLink Midstream, LLC ENLC owns 100% of IDRs 28.7% General Partner 44.8% NYSE:…
The Vehicle for Sustainable Growth Cash Flow Stability from Long-Term Contracts 80% of EnLinks cash flows are supported by long-term, fee-based contracts with either firm transport agreements or minimum volume commitments. % of 2015E…
Devon Energy Today Sponsored By a Leading North American E&P Balanced portfolio Heavy Oil Q1 15 Production Mix: 60% liquids & 40% gas 2015 E&P Capital Budget: 3.9 - 4.1 Billion Long-term contracts provide stability of cash…
The Four Avenues for Growth 10
Project Execution 4.6 Billion of Drop Downs, Growth Projects and Acquisitions Since EnLink Was Formed AVENUE 1 E2 in Ohio River Valley 2.2 Billion 50% of EMH Completed Dropdowns Victoria Express in Eagle Ford AVENUE 2 Ajax…
Destination 2017 Line of Sight to Double the Size of EnLink Combined Adjusted EBITDA (000) 85 WTI 1,700 4.00 gas 1,500 1.4 B 1,300 1,100 900 700 Incremental Adjusted EBITDA 500 2015E Drop Growing Organic M&A Destination…
Avenue 2: Growing With Devon Significant Growth Plans in Anadarko Basin EnLink Assets in the Cana-Woodford Devon Activity in Anadarko Basin Pipeline: 410 miles, 530 MMcf/d capacity Averaging 8 rigs in 2015 (including non-…
Avenue 3: Organic Growth Projects Gas Supply Moving from Northeast to Gulf Coast to Meet LNG and Industrial Markets New Gas Pipelines to Gulf Coast 9.0 8.0 7.0 6.0 Bcf/d 5.0 4.0 3.0 2.0 1.0 0.0 Source RBN Energy,…
Avenues 3 & 4: Organic Growth and M&A South Louisiana Market Leading Position Completed Cajun-Sibon expansion in Q4 2014 258 miles of NGL pipeline from Mont Belvieu area to NGL fractionation assets in South Louisiana 140 MBbl/d…
Avenues 3 & 4: Organic Growth and M&A Platform for Growth in Midland Basin Area of significant development and acquisitions Coronado and LPC Crude acquired for 700 MM Superior drilling economics in Wolfcamp/Spraberry Diamondback:…
Our Strategy: Stability Plus Growth A Unique Investment in the MLP Space Top tier midstream energy service for our customers Mastio Service Award winner in 2014 Stability of cash flows 95% fee-based contracts 50% of gross…
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