DECEMBER 2018 INVESTOR PRESENTATION December 4, 2018
FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the federal securities laws. Although these statements reflect the current views, assumptions, and expectations of our management, the…
IMPORTANT INFORMATION FOR INVESTORS AND UNITHOLDERS This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed…
NON-GAAP FINANCIAL INFORMATION & OTHER DEFINITIONS This presentation contains non-generally accepted accounting principles (GAAP) financial measures that we refer to as adjusted EBITDA and distributable cash flow available to common…
NON-GAAP FINANCIAL INFORMATION & OTHER DEFINITIONS CONTINUED Other definitions and explanations of terms used in this presentation: 1) ENLKs Adjusted EBITDA is net to ENLK after non-controlling interest. 2) ENLKs Distribution Coverage…
DEFINITIONS FOR RELATIVE VALUE 1) Peer Average group includes DCP Midstream Partners, LP; Enable Midstream Partners, LP; Targa Resources Corp.; and Western Gas Equity Partners, LP. 2) Midstream Average includes the Peer Average group…
WHY INVEST IN ENLINK DIVERSIFIED, INTEGRATED PLATFORMS WITH VISIBLE, LONG-TERM, SUSTAINABLE GROWTH ATTRACTIVE VALUE WELL PROPOSITION POSITIONED TO WITH VISIBLE DELIVER STRONG UPSIDE MULTI-YEAR RESULTS IN 2019 TRACK RECORD &…
CONFIDENT IN DELIVERING GROWTH FOCUSED ON VALUE CREATION FOR ALL STAKEHOLDERS VALUE BALANCE CREATION SHEET EFFICIENT STRENGTH CAPITAL EXECUTION OF DEPLOYMENT OUR STRATEGIC 4 CORE AREAS: OKLAHOMA PLAN PERMIAN LOUISIANA NORTH…
STRATEGIC PLAN CENTERED AROUND 4 CORE AREAS DRIVING VALUE THROUGH 7 GROWTH STRATEGIES 1 OKLAHOMA 11,000 MILES OF PIPELINE Maximize Strategic Position 2 PERMIAN - MIDLAND BASIN Increase Asset Utilization 3 PERMIAN - DELAWARE BASIN…
SUCCESSFUL EXECUTION OF OUR STRATEGIC PLAN 2018 TRACK RECORD OF ACHIEVING RESULTS OKLAHOMA LOUISIANA & GULF COAST NGL 4 1 Maximize strategic position Drive growth 55% GROWTH NGL PLATFORM EXPANSION NGLS FROM G&P ASSETS UNDERWRITE…
SUCCESSFUL EXECUTION DRIVING RESULTS INCREASING DCF PER UNIT IMPROVES UNITHOLDER VALUE DCF PER UNIT CAGR of 10+% PROJECTED FROM 2019 THROUGH 2021 Transformational Capital Deployment Value Creation From 2015 2017, over 5B of…
EFFICIENT CAPITAL DEPLOYMENT DRIVES GROWTH SIGNIFICANT INVENTORY OF LOW RISK, HIGH RETURN PROJECTS IN 4 CORE AREAS EFFICIENT SEGMENT FINANCIAL CAPITAL: PROFIT OUTLOOK: OUTLOOK: Forecast cumulative growth 3-Year CAGR (2018-2021): DCF…
PF ENLC ATTRACTIVE RELATIVE VALUE STRONG FUNDAMENTALS & COMPELLING VALUATION RELATIVE TO PEERS Peer Average Midstream Average Peer Average Midstream Average (PF ENLC) 10% 10+% 9% 9% 8% 6% Distribution Yield (Current) DCF per…
BALANCE SHEET STRENGTH PF ENLC: LONG-TERM FINANCIAL TENETS SUPPORT VALUE CREATION Distribution Coverage Self-funding Leverage Ratio 1.3x 1.5x Reinvesting in our business 3.5x 4.0x Provides ability for Potential cumulative Efficient…
CONFIDENT IN DELIVERING ON FUTURE GROWTH WELL-POSITIONED TO GROW OVER THE LONG-TERM RIGHT PLACES, RIGHT PARTNERS RIGHT PLAN EXECUTION EXCELLENCE Positioned in 4 CORE AREAS Clearly defined strategy Execution expected to drive results…
ENLINK.COM FOCUS ON PEOPLE STRIVE FOR EXCELLENCE BE ETHICAL DELIVER RESULTS BE GOOD STEWARDS