Citi Basic Materials Symposium November 27, 2012 www.enterpriseproducts.com All rights reserved. Enterprise Products Partners L.P.
Key Investment Considerations Largest publicly traded energy partnership with an enterprise value of approximately 62 billion 62nd on Fortune 500; 226th on Fortune Global 500 Integrated midstream energy infrastructure serving…
EPD and AMZ MLP Index Attractive Total Return vs. 8 Other Asset Classes 10-Year 5-Year 3-Year 2006 2007 2008 2009 2010 2011 9M 2012 1 1 1 CAGR CAGR CAGR REIT Commodities IG Bonds MLP Index EPD EPD EPD EPD EPD EPD EPD EPD EPD EPD…
EPD at IPO in 1998 Asset Overview 500 miles of NGL and petrochemical pipelines 35 MMBbls of NGL storage capacity Al abama 6 fractionation facilities Mi ssissippi NGL import / export terminal Butane isomerization complex Octane…
EPD Portfolio of Integrated Assets Major Asset Overview 50,700 miles of natural gas, NGL, crude oil, refined 21 NGL & Propylene fractionators products and petrochemical pipelines 6 offshore hub platforms 190 MMBbls of NGL, refined…
Geographic and Business Diversification Provide Multiple Earnings Streams 4.3 Billion Gross Operating Margin NGL Pipelines & Services (57%) For 12 months ended September 30, 2012 Natural gas processing & related NGL marketing…
Supply Fundamentals All rights reserved. Enterprise Products Partners L.P.
Existing Wells and Shale Plays Its No Coincidence EPD Pipelines Gas Crude Oil Liquids (NGL & Products) Shale Plays Existing North American Production 0 250 500 Oil Miles Gas Source: USGS Production 2008 All rights…
Shale Plays: LongTerm Future Development Potential Play Estimated Acres Remaining Wells per Year Potential Years Locations of Drilling Marcellus 15,000,000 175,000 1,650 100 Utica 13,000,000 50,000 600 80 Eagle Ford 10,000,000…
Crude Oil: New Production Presents Opportunities Canada 2008 to 2020 MMBPD +2.40 +1.11 Bakken / CA/AK Williston NE US Rockies 0.52 +0.26 +0.26 Mid-Cont. North of Cushing / 4.05 MMBPD +0.54 South of Cushing / Permian…
Rich Gas Understanding Profitability and Producer Incentives Rich Gas Value per Mcf of Gas Forward 12 Month Strip 7.00 6.06 Mcf 6.00 4.84 Mcf 5.00 Natural Gas Assumes shrinkage 37% 50% Rich Gas Increment for NGLs extracted…
NGL Demand Growth by Petrochemical Industry All rights reserved. Enterprise Products Partners L.P.
World Ethylene Cash Cost Comparison U.S. Moves from High to Low Cost Provider Saudi Arabia Propane* Cash Costs Saudi Arabia Ethane Cash Costs Sources: IHS and EPD Fundamentals * Assumes Propane priced at 70% of Saudi Contract…
U.S. Petrochemical Industry is Retooling: Maximize Ethane Consumption for Max ExxonMobil CP Chemical Filed permits to CEO announced expand Baytown permits filed for 1.5 MM ethylene complex by mt/yr ethylene plant at 1.5 MM mt/yr Dow…
Ethylene Capacity 20052018 Shale Gas Changes U.S. Outlook Billion lbs / year World Ethylene Capacity by Region U.S. reverses capacity decline as crackers Ethylene capacity rush to capitalize on growth continues in the feedstock…
Major EPD Growth Projects All rights reserved. Enterprise Products Partners L.P.
Visibility to Growth: 7.7 Billion in Major Capital Projects Under Construction In Service Date 1Q12 2Q12 3Q12 4Q12 2013 20142015 Haynesville Gas Gathering Pipeline SE Stanley & Treating Facility DONE Eagle Ford Mixed NGL Pipeline (Phase…
Shale Plays Drive EPDs Western NGL Pipeline Expansions: 1.0 Billion MAPL Rocky Mountain NGL Pipeline Expansion 218 miles of 16 pipeline loops and 18 pump modifications to increase capacity from 275 MBPD to 340 MBPD 10-year,…
EPDs Eagle Ford Shale Projects Cumulative Capital Expenditures 4 Billion Eagle Ford Crude / 875 900 Condensate Production 600 530 MBPD 300 Eagle Ford Crude / 214 Condensate Production 3 35 0 2009 2010 2011 2012 2013 Source:…
Reversal of Seaway Crude Oil Pipeline Relieves Cushing Bottleneck Joint Venture reversed flow of Seaway and plans to expand capacity to provide Gulf Coast access for Mid-Continent, Bakken and Canadian crude oil Pipeline began…
Enterprise Mont Belvieu Fractionation Overview 230 MBPD Fracs VII & VIII Frac V Frac VI fractionation capacity in 2009 By 4Q 2013, Frac IV 650 MBPD fractionation capacity Approximately South 1.0 MMBPD Fracs fractionation…
Enterprise Import / Export Facilities Company C3 Timing (MMBbl/m) EPD 6.6 7.7 January 2013 Targa 2.6 3.7* Q3 2013 * Includes Semi Ref MarkWest 0.6 1.2** Q3 2014 ** All Semi Ref Historical & Projected Propane Exports Middle East…
Increased Ethane Usage Reduces U.S. Propylene Supply Ethane demand increasing vs. Propylene Supply from Ethylene Crackers Has Decreased with Increased Usage of Ethane naphtha due to favorable 16 1000 15.2 economics 14.7 900 Shift…
Enterprise World-Scale PDH Plant EPD announced plans to build one of the worlds largest PDH units along the Texas Gulf Coast Will consume up to 35 MBPD of propane to produce up to 1.65 billion lbs. per year (25 MBPD) of polymer grade…
Definition of Energy Security Two 2020 Forecasts, Same Answer Liquid Petroleum Products 2007 2012 2020 2020 (MBPD) YTD EPD PIRA* U.S. Consumption (excl. exports) 20,700 18,500 19,000 19,700 U.S. Production (incl. refinery gain &…
Gross Operating Margin Non-GAAP Reconciliation We evaluate segment performance based on the non-GAAP financial measure of gross operating margin. Gross operating margin (either in total or by individual segment) is an important…
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