American Midstream Partners, LP (NYSE:AMID) American Midstream is engaged in gathering, treating, processing, fractionating, and transporting natural gas, natural gas liquids (NGLs), oil, and condensate to link producers and suppliers to…
Operating in major US resource plays 4
Growth strategy Leverage development and operating expertise to establish new asset platforms within or outside existing geographic footprint (e.g. Bakken crude Asset Development gathering system) General Partner can develop strategic…
Line-of-sight to 1 billion of growth through 2017 Organic growth Delta House Republic Midstream High Point System FPS in transit to Mississippi Canyon Q1 2015 Aerial view of storage and blending terminal Harvey terminal build-out…
Fee-based, organic growth pipeline Harvey High Terminal Point Lateral Harvey Terminal Midla Restructuring Huertes Gate facility on High Point system Harvey deepwater shipdock Midla pipeline construction 1920 15-mile extension of…
Anticipated Delta House acquisition Fee-based cash flow from a de-risked, active deepwater Gulf of Mexico asset Total consideration of 162 million equates to Adjusted EBITDA multiple of approximately 5 times; acquisition expected by…
Strong Eagle Ford footprint Lavaca Republic Over 200 miles of low- and high-pressure pipeline ranging 70,000 dedicated acres to gathering system; also includes from three to 12 inches in diameter with over 31,000 hp of storage and…
Track record of growth with sponsor support ArcLight Invests in Costar Midstream Acquisition 470mm AMID General Partner Lavaca System Acquisition Diversifies asset platform into East Texas, High Point System drop 100mm Permian, and…
2015 results expected to increase 70% from 2014 Adjusted EBITDA (millions) Distribution Coverage Ratio (x) 1.08 1.02 1.0 75 - 80 45.6 31.9 2013 2014 2015F 2013 2014 2015F Distributable Cash Flow (millions) Gross Margin by…
Investment proposition Delivering Growth Financial Focus Experienced Leadership Line-of-sight to 1 billion of Fee-based gross margin of Management team with an fee-based growth capex approximately 90% average of more than 25…