JOHN HOLLOWELL INTRODUCTION & STRATEGY Shell Midstream Partners Top tier distribution growth Predictable, stable, fee-based cash flow underpinned by long term contracts Minimal exposure to commodity prices Solidbusiness…
QUARTERLY HIGHLIGHTS Shell Midstream Partners SAFETY IS A VALUE Operational excellence Robust transportation volumes, demand outperformance Distribution growth 8.6% above Q1 15 and 16.9% above MQD Poseidon…
POSEIDON ADDITION INTO AN INTEGRATED PORTFOLIO Shell Midstream Partners Immediately Accretive to Unitholders Major offshore highway to onshore markets Positioned for growth Diversified cash flow Strong integration with…
FINANCIAL RESULTS FROM OPERATIONS Shell Midstream Partners Three Months Ended ( million) June 30, 2015 March 31, 2015 Revenue (Zydeco only) 57.6 51.7 Cost and Expenses (Zydeco & MLP G&A) 26.0 24.0 Operating Income 31.6 27.7…
NON-GAAP FINANCIAL MEASURES Shell Midstream Partners Three Months Ended ( million) June 30, 2015 March 31, 2015 Adjusted EBITDA Attributable to SHLX 37.0 28.5 Less: Net Interest Paid 0.3 0.1 Zydeco Maintenance Capital…
BALANCE SHEET Shell Midstream Partners ( million) As of June 30, 2015 As of March 31, 2015 Cash and Cash Equivalents 113 157 Total Debt 71 0 Revolving Credit Facility Capacity 400 300 Copyright of Shell Midstream Partners,…
QUESTION & ANSWERS Shell Midstream Partners For further questions, please contact Courtney L. Selinidis +1 713 241 1513 Courtney.SelinidisShell.com Copyright of Shell Midstream Partners, L.P. Date, Year 9
APPENDIX 2 - ZYDECO PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 11
APPENDIX 3 - MARS PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 12
APPENDIX 4 - POSEIDON PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 13
APPENDIX 5 - BENGAL PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 14
APPENDIX 6 COLONIAL PIPELINE Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 15