JP Energy Partners LP (JPEP) Overview NYSE Listed: JPEP Formed in May 2010; IPO in October 2014 JPEP is a publicly traded, diversified master limited partnership with operations including: Crude Oil Pipelines and Storage Refined…
Well Positioned for 2015 and Beyond Solid Position in Active Basins Fully Integrated Solution Solid Financial Position Enables Long-Term Growth Network of midstream Manage physical Large percentage of fee- Initiate drop-downs…
Business Diversification
Geographically Diversified Midstream Platform Cylinder Exchange Crude Oil Pipelines Crude Oil Supply Refined Products (National) and Storage and Logistics Terminals and Storage NGL Sales, NGL Transportation 6
Diversified Offering From Upstream to Downstream Crude Oil Producers Refiners Truck Pipeline Injection Station Pipeline Terminal/Storage/ Rail Exchange Location Pipeline Gathering Natural Gas Liquids Refined…
Growing, Fee-Based Cash Flows with High Quality Customer Base 2014 Adjusted EBITDA Mix Refined Products Terminals and Storage Fixed fees for throughput and storage Fixed fees for blending services, injection of additives and…
Refined Products Terminals and Storage Growth Provides steady, predictable cash flow with minimal maintenance capital expenditures and fee-based revenues Caddo Mills, Texas (Dallas) Terminals in Large Metropolitan Areas Storage…
Crude Oil Storage JP Energy Partners crude oil storage facility is located in Cushing, Oklahoma, a key hub connecting production to the Gulf Coast Asset Highlights Consistent, Fee Based Adjusted Crude Oil Storage EBITDA(1) Focused on…
NGL Distribution and Sales Overview(1) Limited Gross Margin Seasonality (2) NGL Distribution and Sales / NGL Transportation Target growing demand for power generation and oilfield service applications providing stable cash flows…
NGL Distribution and Sales Economics Overview Limited Seasonality (1) Two primary businesses reduce seasonality Propane Sales and Distribution business is winter weighted, although decreasing seasonality due to growth in industrial…
Silver Dollar Anchored by Active Producers and Provides Access to Multiple End-Markets JP Energy Partners crude oil pipeline system is base loaded by two customers with over 300,000 contiguous acres in the Permian Basin Major Customer…
Silver Dollar Pipeline Continuing To Grow Overview Volume Growth Accelerating Volume growth from the core of the Permian continues in current oil price environment Pipeline Volumes (Barrels Per Day) Connection to Cline Shale…
Silver Dollar Pipeline Reagan County Expansion Project Overview Planned Expansion Recently announced the expansion of the Silver Dollar pipeline north into Reagan and Glasscock Counties Expansion is base loaded by a 53,000 acre 10yr…
Gathering Systems In the Lowest Cost Crude Oil Basins Core Assets in the Permian (Silver Dollar) and Eagle Ford (Republic Midstream ROFO)(1)(2) JP Energy Focus Areas ___________________________ 1. Rounded Breakeven Estimates…
Lease Gathering Is a Fee-Equivalent Activity Essential Service Provides Durable Baseline Cash Flow in a Variety of Markets JPEP Pipeline Production Area Market Hub Terminal Wellhead G&A Total + Trucking Costs + Pipeline Tariff +…
Strong Equity Sponsorship
JP Energy Family Overview JP Energy Partners has a strategic partnership with JP Development and Republic Midstream JP Development JP Energy Partners Republic Midstream Founded in July 2012 to support JP Founded in May 2010 to own,…
Crude Oil Drop-Down Opportunities Management & ArcLight have created near term drop-down opportunities Potential Drop-Downs ArcLight Sponsorship Great Salt Plains Pipeline ArcLight has demonstrated the ability to 115 mile crude oil…
Financial Strategy
Conservative Balance Sheet Balance Sheet Management Available Liquidity (mm)(1) Two major focuses for conservative balance sheet management Maintain considerable excess liquidity 160mm as of February 27th, 2015 Credit Facility…
Financial Strategy Long term contracts for our crude oil pipelines Maintain Stable Refined products and NGL segments offer diversification in mature markets but with Cash Flows considerable growth opportunities Near-term organic…
Summary Four unique but complementary business segments connecting upstream supply to Diversified downstream demand Business Opportunity to seek further value chain integration Diverse business mix provides natural hedge to…
Appendix
Non-GAAP Reconciliation Adjusted EBITDA Twelve months ended December 31, 2014 2013 (in thousands) Segment Adjusted EBITDA Crude oil pipelines and storage 20,159 13,353 Crude oil supply and logistics 9,185 14,686 Refined products…
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