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 + 0.4 Bcf/d…
Gathering & Processing Segment Highlights Rig Activity STACK Rig activity remains strong around Enables 14 SCOOP gathering footprint with 42 rigs currently drilling 14 wells expected to be connected to Enables 42 Granite Wash…
Gathering & Processing Segment Highlights Continued Other Basins Ark-La-Tex Gathered Volumes (TBtu/d) Ark-La-Tex: Continued producer activity and +78% 1.73 strong well performance drove record quarterly 1.58 1.71 Ark-La-Tex natural…
Transportation & Storage Segment Highlights Enable Gas Transmission, LLC (EGT) Contracted or extended 590,000 Dth/d of capacity in Q2- 18, including a seven-year, 300,000 Dth/d contract with a EOIT producer for Line CP capacity that…
Strong Credit Profile with Significant Fee-Based Margin Financial Results YTD (thru Q2) Full Year 2018 Gross Margin Profile6 In millions, except ratio data 2018 2017 2017 2016 5% Net income (loss) attrib. to limited partners 209 215…
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 14 SCOOP During Q2-18, natural gas gathered volumes grew 14 for the…
Anadarko Basin System Highlights System Map4 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…
Williston Basin Crude Gathering Systems 4 System Highlights System Map Expanded crude oil gathering system by 175 miles crude gathering 160 miles water gathering 8,400 barrels per day1 Total of 0.2 million gross acres dedicated…
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…
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 include local distribution…
MRT Pipeline Highlights Pipeline Map3 1,600-mile1 interstate pipeline that offers 1,600 miles shippers competitive rates and is 1.7 Bcf/d capacity 31.5 Bcf storage capacity interconnected to diverse supply points MRTs primary…
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 system and 12 third- party natural gas…
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 capacity southwestern…
Appendix Key Takeaways
Key Takeaways Transportation contracting affirms the critical role Enables pipelines play in connecting natural gas supply and demand Continued Customer-focused solutions like CaSE and Wildcat are today Commercial providing customers…
Appendix Appendix
2018 Outlook 2018 outlook provided 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 375 445 Anadarko 2.0 2.3 Interest…
Enable Ownership Structure Note: As of June 30, 2018 28
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 2 (2) NGLs (excluding ethane) and Condensate (4) 4 Impact to 2018…
Hedging Summary Hedging Summary1 Commodity Bal-2018 2019 Natural Gas (NYMEX) Exposure Hedged (%) 72% 18% Average Hedge Price (/MMBtu) 2.95 2.95 Natural Gas Basis (PEPL / EGTE) Exposure Hedged (%) 70% 26% Average Hedge Price…
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…