Enable Highlights Strong Customer Relationships and High-Quality Assets in Top-Tier Plays Assets are located in some of the most prominent natural gas and crude oil plays in the country High degree of interconnectivity between assets…
Premier Wellhead-to-End User Midstream Provider Fully Integrated Assets Provide Significant Scale and Operating Leverage 10,000 miles Interstate/intrastate pipelines1 13,300 miles Gathering pipeline2 2.6 Bcf/d Processing…
SCOOP and STACK Driving Anadarko Basin Growth Overview Anadarko Basin Volumes Enables SCOOP and STACK assets provide Gathered Volumes (TBtu/d) +25% 1.99 2.02 significant scale and operating leverage 1.67 1.75 1.78 1.72 1.61 1.62…
Ark-La-Tex Basin Growth Trend Continues Overview Ark-La-Tex Basin Volumes Gathered Volumes (TBtu/d) Enables assets are well-positioned to support +109% 1.58 1.71 continued growth in the Ark-La-Tex Basin 1.27 0.94 0.97 0.99 0.83…
Transportation and Storage Segment Overview Highlights and Recent Developments Segment provides significant, fee-based margin Enable Gas Transmission (EGT) and is well-positioned to support natural gas Contracted or extended over…
Strong Credit Profile with Significant Fee-Based Margin Financial Results 2018 Gross Margin Profile5 In millions, except ratio data Q1-18 Q1-17 2017 2016 5% Net income (loss) attrib. to limited partners 114 120 436 312 95% fee- 7%…
Recent Highlights Continued New gathering and processing and transportation contracts Commercial Record first quarter 2018 natural gas gathered and processed, Momentum NGL production and intrastate delivery volumes1 Execution 2018…
Updated 2018 Operational, Financial and Capital Outlook 2018 outlook as of May 2, 2018 2018 Operational Outlook 2018 Financial Outlook in millions Natural Gas Gathered Volumes (TBtu/d) 4.1 4.8 Net Income Attributable to Common Units…
FERC Income Tax Allowance Business Detail Asset Enable Commentary 62% of GM1 Gas G&P and Williston water gathering: No impact, as these assets are not subject to FERC rate jurisdiction; these assets contributed approximately 99%…
Appendix Gathering and Processing Segment Overview
Gathering and Processing Segment Gathering and Processing Highlights Active Rigs on Enables Footpoint2 Strong rig activity continues across Enables footprint STACK Play 13 During Q1-18, natural gas gathered volumes grew 12 SCOOP…
Anadarko Basin System Highlights System Map3 Enable serves over 210 producers in the Anadarko 8,200 miles 758,000 horsepower of compression Basin and has secured 5 million gross acres of 1.81 TBtu/d gathered volumes 1 11 processing…
Ark-La-Tex Basin System Highlights System Map3 Enable serves over 100 producers in the Ark-La-Tex 1,800 miles Basin and provides gathering and processing 160,200 horsepower of compression 1.20 TBtu/d gathered volumes services to both…
Arkoma Basin System Highlights System Map3 Enable serves over 80 producers in the 3,000 miles Arkoma Basin and provides gathering and 133,500 horsepower of compression 0.55 TBtu/d gathering volumes processing services to both rich…
Crude Gathering Systems in the Williston Basin 4 System Highlights System Map Infrastructure continues to be placed into 175 miles crude gathering 160 miles water gathering service on Enables crude gathering Total of 0.2 million…
Appendix Transportation and Storage Segment Overview
Transportation and Storage Segment System Map and Highlights Transportation and Storage Gross Margin1 96% Derived from 88% Derived from EOIT Fee-Based Contracts Firm Contracts MRT Fee-based 14% 96% EGT 53% EOIT 21% EGT EGT…
Enable Gas Transmission (EGT) Pipeline Highlights Pipeline Map3 5,900-mile1 interstate pipeline serving the 5,900 miles 6.5 Bcf/d capacity Anadarko, Ark-La-Tex and Arkoma Basins 30.5 Bcf storage capacity EGTs primary customers…
Mississippi River Transmission (MRT) Pipeline Highlights Pipeline Map3 1,600-mile1 interstate pipeline that 1,600 miles offers shippers competitive rates and is 1.7 Bcf/d capacity 31.5 Bcf storage capacity interconnected to diverse…
Enable Oklahoma Intrastate Transmission (EOIT) Pipeline Highlights Pipeline Map2 Interconnects natural gas supply from 2,200 miles 2.3 Bcf/d peak throughput the Anadarko and Arkoma Basins to 24.0 Bcf storage capacity Enables EGT…
Southeast Supply Header (SESH) Pipeline Highlights Pipeline Map3 290-mile1 interstate natural gas 50% JV with Spectra Energy Partners, LP pipeline that runs from the Perryville 290 miles Hub in northeastern Louisiana to 1.1 Bcf/d…
Appendix Key Highlights
Key Highlights Assets are located in prominent natural gas and crude oil producing basins with a Strategically market-leading midstream position in the SCOOP and STACK plays Located Assets Significant drilling activity in areas served…
Appendix Appendix
Enable Ownership Structure Note: As of March 31, 2018 30
Large and Diverse Customer Base Enables revenues are strengthened by a diverse, high-quality customer base, including many investment-grade or affiliates of investment-grade companies Many of our customers rely on us for multiple…
Price Sensitivities 2018 Price Sensitivities1 Impact to 2018 Net Income (including impact of hedges)2 % Change in Prices in millions +10% -10% Natural Gas and Ethane 5 (5) NGLs (excluding ethane) and Condensate (1) 1 Impact to 2018…
Forward Looking Non-GAAP Reconciliation 2018 Outlook (In millions) Reconciliation of Adjusted EBITDA and distributable cash flow to net income attributable to limited partners: Net income attributable to common units 375 - 445 Add:…
Forward Looking Non-GAAP Reconciliation Continued 2018 Outlook (In millions) Reconciliation of Adjusted interest expense to Interest expense: Interest expense, net of interest income 145 - 160 Amortization of premium on long -term…