CNX Midstream Partners LP Transaction Conference Call January 4, 2018
Introduction to CNX Midstream Partners Capture the high-growth, low-risk midstream opportunities Strategy of the most prolific gas basin Top Tier and Long Term Distribution Growth Immediate Sponsor Actions to Upgrade the MLPs…
CNX Midstream: Launch of a Premier Single-Sponsor MLP GP Transaction Overview CNX closed on acquisition of NBLs 50% interest in CONE Gathering LLC, the GP controlling entity of CONE Midstream NYSE: CNX Partners (CNNX) CONE Midstream…
Amended Commercial Agreement with CNX Utica Dedication: Significant incremental resource underlying CNXMs footprint (300 locations at +3.0 Bcfe/1000) Supports evolution to development-mode of stacked Marcellus and Utica Represents a…
Distribution Growth Target: 3 Year View Consistent top-tier distribution growth since IPO Targeting continued 15% distribution CAGR through 2020 Distributions per LP Unit Targeting 3 years of 15% CAGR for 10 Quarters Continued…
Appendix 7
Commercial Agreement Comparison Gas Gathering Agreement with CNX Resources PREVIOUS CURRENT Acreage Dedication 225,000 Marcellus Acres 225,000 Marcellus Acres +63,000 Utica Acres (51k in DevCo I) Capital efficient growth opportunities…