Credit Suisse MLP and Energy Logistics Conference Williams Don Chappel, Chief Financial Officer June 26, 2013 2013 The Williams Companies, Inc. All rights reserved.
Geismar incident: assessing damage, initiating repair and expansion plans Personnel: Company focused on employees, contract workers and families personally affected by the event Key personnel onsite developing plans to make repairs,…
Geismar incident: financial information Pre-incident expectations for Geismars financial contribution to WPZ: Estimated segment profit + DD&A* for 2013 was 360MM (190MM for last 6.5 months of 2013); estimates included a 50-day…
Scale positions, competitive advantages drive growth and value creation Strategy- aligned capital allocation Northeast Transco Canada Gulf of Mexico NGL-Petchem 6 Credit Suisse MLP and Energy Logistics Conference…
Well-positioned in key areas of supply growth Bcf/d Natural Gas U.S. Supply Growth 120 Direct Ownership Investment 100 Northeast 80 Rockies San Juan 60 Gulf of Mexico Fort Worth 40 Mid-Continent Gulf Coast 20 Permian…
Guidance from 5/21/13 Historical reference only Target IRRs Fee-based 13%-25% Strategic, large-scale, primarily Commodity- exposed 25%+ fee-based cash flows driving growth Project Description and Capex in Millions* Expected…
Creating large-scale position in Marcellus + Utica Partners and Investments Gross Dedicated Acres Laurel Mtn Midstream 500,000 ACMP Marcellus 1,700,000 Ohio Valley Midstream 236,000 Susquehanna 150,000 Three Rivers JV 275,000…
WPZ Northeast Significant growth capital investment in line with anticipated Marcellus/Utica growth WPZ Northeast 2013 2015 spending in Marcellus/Utica expected to exceed 3 billion Susquehanna Supply Hub Dry Gas 35% 1,120MM…
WPZ Northeast Building scale in the Marcellus and Utica through strategic investments Steady and significant historical Expected gathering volume fee-based volume growth growth through 2017 1,800 5.0 Excludes 4.5…
Growing supply quickly overwhelming local markets; challenging producer economics By 2020, 1MM bbls per day of NGLs in search of an outlet MBbl/d 1,400 1,200 1MM 1,000 Marcellus 800 + Utica 400M 600 Liquids 400 Mariner…
Pipeline would connect Utica, Marcellus NGLs to petchem, export by late 2015 1 Utica + Marcellus Construct a new NGL NGLs pipeline from NE Petchem producing areas in OH, WV and PA to Board approvals obtained an interconnect…
WPZ Northeast Caiman Energy II/Blue Dominion Racer Utica Caiman Midstream JV Joint Venture interest enhances presence Dominion in UticatoShale assets contributed the JV Contributed at Closing: Asset Location Focuses on the…
WPZ Atlantic - Gulf 1.2 billion growth capex through 2015 in Transcos northern market Leidy Southeast Leidy Hub 25 mi. of 42-inch loop PA Compression OH NE Supply Link 12 mi. of 42-inch loop Zone 6 New York Compression…
WPZ Atlantic Gulf 610 million growth capex through 2015 in Transcos southern market Zone 6 210 Virginia Southside 99 mi. of 24-inch pipe Richmond (including lateral) Mid-Atlantic Connector Compression 2.8 mi. of 42-inch…
WPZ Atlantic - Gulf Constitution Pipeline creates new market access for Marcellus production A 120-mile, 30-inch pipeline connecting Williams Northeast Gathering System in Susquehanna County, PA to Iroquois Gas Transmission and…
WPZ Atlantic - Gulf Central Gulf of Mexico corridor growth projects and opportunities Keathley Canyon Connector 400 MMcf/d capacity Expected to be in service by mid-year 2014 High deliverability reserves from Hadrian South…
WPZ Atlantic - Gulf Gulfstar FPS speed-to-market solution for majors Gulfstar Floating Production System Spar-based floating production system Daily capacity: 60,000 Bbls of oil and up to 200 MMcf of natural gas USA…
WMB NGL & Petchem Services Converting discounted propane to propylene Alberta Propane Dehydrogenation First facility of its kind in Canada Will produce 1.1 billion pounds of polymer grade propylene annually Expect PDH to…
WMB NGL & Petchem Services Aggregating more liquids from the oil sands Cryo at CNRL Horizon Upgrader Expected to add 15 Mbpd of NGL/olefins production (12 Mbpd by mid-2015; growing to 15 Mbpd by 2018) Liquids transported to…
WMB NGL & Petchem Services Building assets to recover ethane with long-term sales contract Ethane Recovery Project Long-term ethane sale to NOVA Chemicals up to 17 Mbpd Capacity for Suncor ethane plus Horizon ethane Expected…
WMB / WPZ NGL & Petchem Services Williams Gulf Coast Petchem Services: Open access solutions for the petrochemicals industry Current major projects Under construction: Ethane pipeline system expansion First customer deliveries…
WMB - ACMP ACMP ownership interest well-positioned for accelerating cash flow growth in guidance period and beyond WMB owns 50% of Access GP and 23% of LP Units ACMP FINANCIAL OUTLOOK UPDATED WITH 2015 2013 - 2015 ACMP…
Financial Outlook WMB Guidance from 5/21/13 Historical reference only Strong fundamentals and competitive advantages drive robust, visible growth Growth investment spending by operating area 20132015 20132017 8.19.8 billion 16…
Williams and Williams Partners: Premier energy infrastructure investments Natural gas infrastructure supercycle Large-scale positions, strong competitive advantages Deep, diverse, long-range growth opportunities provide…
Williams WMB WPZ Non-GAAP NGL & Petchem Non-GAAP Reconciliations Services Reconciliations 2013 The Williams Companies, Inc. All rights reserved.
WPZ Non-GAAP Reconciliations WPZ Geismar contribution to segment profit + DD&A Last 61/2 months Dollars in millions(1) 2013 Guidance of 2013 Midpoint Midpoint Segment profit 182 344 Depreciation and amortization (DD&A) 8…