Key Investment Highlights Diversified Primary services: Transportation and storage of natural gas and liquids midstream MLP Geographic footprint situated to serve growing supply and demand Approximately 90% of annual revenue is from…
Boardwalk is a diversified midstream MLP that primarily transports and stores natural gas and liquids Boardwalk 2015 Operational Highlights Natural Gas Liquids Pipelines (miles) 14,090 435 Throughput (2015) 2.4 Tcf 47 MMbbls Storage…
More on Boardwalk Louisiana Midstream and Evangeline Through Boardwalk Louisiana Midstream (BLM) and Evangeline Ethylene Pipeline, we provide liquids storage and pipeline transportation and brine supply services. BLM Choctaw Hub…
Boardwalks GP: Loews Corporation Subsidiary Our general partner is a wholly-owned subsidiary of Loews Corporation, a large diversified public company with four key operating subsidiaries in insurance, energy, and luxury lodging…
Strategy Boardwalk Pineville Compressor Louisiana Midstream: Station Sulphur Hub 99
Boardwalk Strategy Identify Leverage and Optimize Strategic Strengthen Asset Base Growth Existing Opportunities Assets Continue to identify and implement optimal Explore acquisitions and uses for assets, other opportunities that…
Growth Projects Placed Into Service in 2016 Southern Indiana Lateral 75 million in planned capex Western Kentucky Lateral Capacity: 53,500 MMBtu/d 80 million in planned capex In service: June 2016 Capacity: 230,000 MMBtu/d In…
Growth Projects Underway: approx. 1.2 billion Northern Supply Access 230 million in planned capex Capacity: 284,000 MMBtu/d In service: H1-2017 (est) Other Projects to Serve End-Use Markets in Louisiana 85 million in planned…
U.S. Natural Gas Production is Forecasted to Grow 23% over the Next Five Years Supply Basins Connected to or Near Boardwalk System: SCOOP, STACK, Haynesville, Eagle Ford, Cana Marcellus/Utica 16 Woodford, Barnett and…
U.S. Natural Gas Demand and Exports are Forecasted to Grow 17% over the Next 5 Years Demand Markets: LNG Exports Power and Industrial Plants 16 14 14 12 12 10 10 Bcf/d Bcf/d 8 8 6 6 4 4 2 2 0 0 5-Year Growth…
Our Boardwalk Louisiana Midstream and Evangeline Assets are Well Situated to Provide Ethylene Transportation and Storage Services to Accommodate Forecasted Supply and Demand Legend Ethane Crackers Under Construction Ethane Crackers…
Changing Flow Patterns Impacting Basis Spreads to Henry Hub DOMINION SOUTH POINT LEGEND Average Annual Spread (0.81) (1.14) 2016 (0.21) 2015 0.31 COLUMBIA GULF 2013 MAINLINE 2009 CENTERPOINT EAST (0.09) KOSCI (0.06) (0.12)…
Financial Highlights Substantially a long-term, fixed-fee revenue base Significant portion of revenues backed by firm, ship-of-pay contracts with primarily investment-grade customers Internally generated cash flow, in excess of…
Boardwalk Revenue Profile Backed by Firm, Long-term Contracts Majority of revenues are under firm contracts Capacity reservation charges, representing approximately 80% of our revenue base, are received monthly regardless of…
EBITDA and Leverage Improving Long-Term Debt, net of Cash (at quarter end) EBITDA (Rolling Last Twelve Months) 3,700 3,670 800 778 3,650 780 763 760 3,600 740 740 3,550 722 3,527 ( millions) ( millions) 3,516 720 3,500…
Debt Maturity Schedule 900 Boardwalk Pipelines notes maturing in November 2016 and Revolving credit facility 800 February 2017 to be paid off from expires in May 2021(2) proceeds of 550 million of 700 Boardwalk Pipelines 10-year…
Capitalization Adjustments for December 31, 2016 Financing September 30, ( in millions, except ratio data) 2015 Activities 2016 Recent steps to enhance Debt: liquidity: Boardwalk 5.875% Notes due Nov 2016 Boardwalk 5.50% Notes due…
Key Investment Highlights Diversified Primary services: Transportation and storage of natural gas and liquids midstream MLP Geographic footprint situated to serve growing supply and demand Approximately 90% of annual revenue is from…
EBITDA Reconciliation Non-GAAP Financial Measures Earnings before interest, taxes, depreciation and amortization (EBITDA) is used as a supplemental financial measure by Boardwalks management and by external users of Boardwalks financial…