Barclays CEO Power Energy Conference New York, NY September 8-10, 2015
ORGANIZATIONAL OVERVIEW AND HIGHLIGHTS Buckeye owns and operates a diversified network of integrated assets providing midstream logistic solutions; providing stable and sustainable cash distribution to our unitholders THREE BUSINESS…
GEOGRAPHIC DIVERSIFICATION SYSTEM MAP Chicago Complex NY Harbor Caribbean Geographically Diversified Gulf Coast Four Buckeye Hubs Copyright 2015 Buckeye Partners, L.P. 5
TRANSFORMATION SINCE 2010 Acquisitions Drove Significant Geographic New Global Marine Terminals Segment Provides Diversification Significant Diversification in Adjusted EBITDA(1) 843.6 763.6 648.8 559.5 31% 34% 487.9 23% 23%…
0% 3% DIVERSIFICATION DRIVES STABILITY Diversified portfolio generates stable, fee-based cash flows; 95% of our June 30 YTD Adj. EBITDA was fee-based 97% PRODUCT DIVERSIFICATION AWAY FROM REFINED PRODUCTS(1) 2010 2015(2) FUTURE…
BUCKEYE TEXAS PARTNERS ACQUISITION OVERVIEW Unique midstream platform in the Gulf Coast with long-term committed revenues and significant opportunities for further growth Asset Overview (1) Strategic Rationale o Buckeye Texas Hub…
GROWTH CAPITAL PROJECTS Large capital projects drive meaningful incremental contributions to our growth DOMESTIC PIPELINES & TERMINALS GLOBAL MARINE TERMINALS PROJECTS PROJECTS Open Season for Michigan/Ohio Expansion Texas…
BUCKEYE PARTNERS SUMMARY Diverse portfolio of assets built through acquisitions and internal investment that deliver stable financial results despite volatile commodity markets oPredominantly fee-based cash flows from our…
N NON-GAAP RECONCILIATIONS
NON-GAAP FINANCIAL MEASURES Adjusted EBITDA and distributable cash flow are measures not defined by GAAP. Adjusted EBITDA is the primary measure used by our senior management, including our Chief Executive Officer, to (i) evaluate our…
NON-GAAP RECONCILIATIONS In millions, except coverage ratio 2011 2012 2013 2014 LTM(3) (1)(2) Adjusted EBITDA from continuing operations : Pipelines & Terminals 361.0 409.5 471.1 511.4 514.7 Global Marine Terminals 113.0 128.6…