JP Energy Partners LP Investor Presentation November 2014
JP Energy Partners LP JP Energy Partners LP is a Master Limited Partnership founded in May 2010 to own, operate, develop and acquire a strategic portfolio of midstream assets Strategically Located Assets in High Growth Shale Plays…
Our Business Strategy Capitalize on Strategically Located Assets Maximize our Experienced & Expand our Platform for Entrepreneurial Integrated Management Team Midstream Solutions Grow Our Business through Organic and…
Significant Platform of Services Crude Oil Producers Refiners Truck Pipeline Injection Station Pipeline Terminal/Storage/ Rail Exchange Location Pipeline Gathering Natural Gas Liquids Refined Products Producers…
Growing, Fee-Based Cash Flows with High Quality Customer Base Crude Oil Pipelines & Storage Forecasted Adjusted EBITDA(1): 67 million Fixed storage & throughput or minimum volume requirement fees Growing volumes in the Southern…
Multiple Avenues for Growth Platform Provides Enormous Growth Opportunities Current MLP Assets & Drop-Downs Asset footprint in many of the most Organic Cylinder Exchange attractive liquids basins in North America Growth Near-term…
Drop-Down Opportunities Management & ArcLight have created near term drop-down opportunities Potential Drop-Downs ArcLight Sponsorship ArcLight has demonstrated the ability to Great Salt Plains Pipeline 115 mile crude oil pipeline…
Experienced and Entrepreneurial Leadership J. Patrick Barley Chairman, President & Chief Executive Officer Founder, President and CEO of Lonestar Midstream Partners, a midstream company focused on natural gas gathering and…
JP Energy Assets
JP Energy Family Overview JP Energy Partners has a strategic partnership with JP Development and Republic Midstream JP Development JP Energy Partners Republic Midstream Founded in July 2012 to support JP Founded in May 2010 to own,…
Crude Oil Assets Levered to High Growth Areas Operations provide JP Energy with unique insight into customer needs Asset Overview Map of JPEPs Crude Oil Operations and Drop-Downs Crude oil pipelines (current and future potential…
Integrated Midstream Solution From Wellhead to Downstream JP Energy offers producers a full logistical solution to integrate assets from the wellhead to downstream Manage the physical movement of Integrated Service Solution from Wellhead…
Silver Dollar Anchored by Active Producers and Provides Access to Multiple End-Markets JP Energy Partners crude oil pipeline system is base loaded by two significant customers with over 300,000 contiguous acres To Midland To Colorado…
Lease Gathering Is a Fee-Equivalent Activity Essential Service Provides Durable Baseline Cash Flow in a Variety of Markets JPEP Pipeline Production Area Market Hub Terminal Wellhead G&A Total + Trucking Costs + Pipeline Tariff +…
Crude Oil Storage JP Energy Partners crude oil storage facility is located in Cushing, Oklahoma, a key crossroad connecting production to the Gulf Coast Asset Highlights Cushings Integral Location to Producers & Refiners Focused on…
Refined Products Terminals & Storage Growth Provides steady, predictable cash flow with minimal maintenance capital expenditures and fee-based revenues Caddo Mills, Texas (Dallas) Potential Growth Opportunities Storage capacity of…
NGL Distribution & Sales Overview Limited Seasonality (1) NGL Distribution & Sales / NGL Transportation Target growing demand for power generation and oilfield service application, reducing exposure to heating degree days Fixed…
Financial Overview
Financial Strategy Large acreage dedications and minimum volume commitments for our crude oil Maintain Stable pipelines Cash Flows Refined products and NGL segments offer a healthy mix of assets in mature markets but with…
Non-GAAP Reconciliation Adjusted EBITDA Three months ended September 30, 2014 2013 (in thousands) Segment Adjusted EBITDA Crude oil pipelines and storage 5,301 2,931 Crude oil supply and logistics 5,477 3,175 Refined products…
Non-GAAP Reconciliation Gross Margin to Operating Loss Three Months Ended September 30, 2014 2013 (in thousands) Reconciliation of adjusted gross margin to operating loss Adjusted gross margin Crude oil pipelines and storage 6,501…