Summary Q1 2019 financial performance continues to deliver value: Adjusted EBITDA 170 million, CAFD 140 million(1) Quarterly distributions increased to 0.415 per unit, a 3.75% increase over prior quarter Operational Update: GOM…
Operational Update - Offshore Offshore Throughput Volume, kbpd Operational Highlights +31% Amberjack growth of 17% in 3 quarters since acquisition 2,010 1,974 1,921 Mars volumes remain robust driven by in-field 351 development…
Gulf of Mexico Resilient and growing 1 EIA Total US Gulf of Mexico Production - Shell Latest forecasts indicate a record high of 2.1 mbpd in 2020 (mbpd) 2.5 +57% 2.0 1.5 1.0 0.5 0.0 2014 2015 2016 2017 2018 2019e 2020e -…
Operational Update - Onshore Zydeco Mainline Throughput Volume, kbpd Operational Highlights Offshore Onshore Terminals & Storage: Improved performance in revenue and cost 800 704 Open Season underway on Zydeco, closes May 31 661…
Sponsor Project Delivery: Falcon and Mattox Large-scale midstream projects connected to Sponsor growth priorities MATTOX PIPELINE: 90-mile deepwater export line for Appomattox Gulf of Mexico platform Mattox Pipeline complete and will…
Financial Results from Operations Three Months Ended ( million) March 31, 2019 December 31, 2018 Revenue 131 142 Cost and Expenses 66 69 Operating Income 65 73 Income from Equity Method Investments 70 74 Dividend Income 14 14…
Non-GAAP Financial Metrics Three Months Ended ( million except per unit amount) March 31, 2019 December 31, 2018 Adjusted EBITDA Attributable to SHLX (1) 170 179 Less: Net Interest and Income Taxes Paid 20 20 Maintenance Capital…
Balance Sheet and Liquidity ( million) As of March 31, 2019 Cash and Cash Equivalents 226 Total Debt Outstanding 2,091 Total Credit Facility Capacity (Inc. Zydeco) 2,990 Shell Midstream Partners 10
Questions and Answers For further questions, please contact Jamie Parker James.Parker2Shell.com +1 832 337 2837 Shell Midstream Partners 11