Contents 1. Enable Midstream Overview 2. Gathering and Processing Segment Overview 4. Transportation and Storage Segment Overview 5. Appendix 4
Enable Midstream Overview
Fully Integrated Midstream Platform Across Leading Basins Significant scale: 7,800 miles of interstate pipelines1, 2,200 miles of intrastate pipelines, 13,500 miles of gathering systems, 15 major processing plants with 2.6 Bcf/d of…
Velocity Acquisition 1 Integrated crude oil and condensate gathering System Map and transportation business builds on Enables market-leading Anadarko Basin midstream platform Uniquely positioned system with segregated and batched…
Williston Basin System Expansion Crude oil and water gathering system System Map 1 expansion with XTO Energy in North Dakotas Dunn and McKenzie counties under long-term, fee-based agreements Enable plans to add up to 72,000 bpd…
Gulf Run Pipeline 1 Designed to move up to 2.75 Bcf/d of System Map abundant U.S. natural gas supplies from two liquid hubs to growing liquefied natural gas (LNG) export markets on the Gulf Coast Utilizes existing Enable Gas…
Financial Results and Highlights Financial Results Financial Highlights In millions, except per-unit and ratio Q3-18 Q3-17 YoY Enable has delivered on its commitment data Growth to investment grade credit metrics and Total Revenues…
2019 Outlook 2018 outlook provided Nov. 7, 2018 2019 Operational Outlook 2019 Financial Outlook in millions Natural Gas Gathered Volumes (TBtu/d) 4.3 4.9 Net Income Attributable to Common Units 435 505 Anadarko 2.1 2.4 Interest…
Key Highlights Significant Scale & Fully integrated suite of assets with 7,800 miles of interstate pipelines1, 2,200 miles of intrastate Diversity of Assets pipelines, 13,500 miles of gathering systems, 15 major processing plants with 2.6…
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 During Q3-18, natural gas gathered volumes grew for the 11th consecutive…
Anadarko Basin Natural Gas G&P System Highlights System Map4 Enable serves over 210 producers in the 8,200 miles 758,000 horsepower of compression Anadarko Basin and has secured 5 million gross 11 processing plants 1.845…
Ark-La-Tex Basin System Highlights System Map3 Enable serves over 100 producers in the Ark- 1,800 miles 160,200 horsepower of compression La-Tex Basin and provides gathering and 3 processing plants 0.645 Bcf/d processing capacity…
Arkoma Basin System Highlights System Map2 Enable serves over 80 producers in the 3,000 miles Arkoma Basin and provides gathering and 133,500 horsepower of compression 1 processing plant processing services to both rich and lean gas…
Williston Basin 2 System Highlights System Map In Q3-18, achieved the highest quarterly crude oil gathered volumes since Enables formation in May 2013 Fee-based contract structures, including some support from crude oil gathering…
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 offers shippers competitive rates and is interconnected to diverse supply points MRTs primary customers are utilities and…
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 1.1 Bcf/d capacity Hub in northeastern…
Appendix Appendix
Enable Ownership Structure Note: Structure as of Sept. 30, 2018 27
Large, Diverse and High-Quality 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…
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…
Derivative Activity and Price Sensitivities 2018 Derivative Activity Three Months Ended September 30 in millions 2018 2017 Gain (Loss) on Derivative Activity (24) (7) Change in Fair Value of Derivatives (16) (6) Realized Gain…
Gross Margin Profile and Hedging Summary 2019 Gross Margin Profile1 Hedging Summary2 Commodity Bal-2018 2019 91% fee- 9% based or 6% Natural Gas (NYMEX) hedged 43% Exposure Hedged (%) 78% 36% Average Hedge Price (/MMBtu) 3.00 2.92…
Condensed Consolidated Statements of Income 1. All outstanding subordinated units converted into common units on a one-for-one basis on Aug. 30, 2017 33
Operating Data 1. Includes volumes under third party processing arrangements 2. Excludes condensate 37 3. NGLs sold includes volumes of NGLs withdrawn from inventory or purchased for system balancing purposes
2018 Forward Looking Non-GAAP Reconciliation 2018 outlook provided May 2, 2018 2018 Outlook (In millions) Reconciliation of Adjusted EBITDA and distributable cash flow to net income attributable to limited partners: Net income…
2018 Forward Looking Non-GAAP Reconciliation Continued 2018 outlook provided May 2, 2018 2018 Outlook (In millions) Reconciliation of Adjusted interest expense to Interest expense: Interest expense, net of interest income 145 - 160…
2019 Forward Looking Non-GAAP Reconciliation 1. In accordance with the Partnership Agreement, the Series A Preferred Unit distributions are deemed to have been paid out of available cash with respect to the quarter immediately…
2019 Forward Looking Non-GAAP Reconciliation Continued *Enable is unable to present a quantitative reconciliation of forward looking Adjusted EBITDA to net cash provided by operating activities because certain information needed to…
Loading...
