NYSE: WES westernmidstream.com INVESTOR RELAT IONS JACK SPINKS Manager, Investor Relations 832 636 3738 WES INVESTOR PRESENTATION May 2019
WES: Built to Deliver Sustainable Value SIMPLIFIED STRUCTURE World-Class Assets in Permian and DJ Basins Significant multi-product service offerings in core of both basins 75+% of 2019E EBITDA and 90+% of 2019E Capital Expenditures…
Strategic Portfolio of Assets 1Q19 Throughput1 Natural Crude and Produced Gas NGLs Water (MMcf/d) (Mbbls/d) (Mbbls/d) DJ BASIN Delaware Basin 1,178 145 518 DJ Basin 1,258 102 WHITE CLIFFS Equity Investments 377 304 FRONT…
Focused in High-Growth Basins 2019E Adjusted EBITDA: 2019E Capital Expenditures: 2019E Coverage Ratio: 1.8 to 1.9 Billion 1.3 to 1.4 Billion Coverage Expansion Equity Investments Equity Investments 10% 6% Note: Delaware Basin…
Delaware Basin: Expansive Multi-Product Infrastructure 2019E Delaware Basin Adjusted EBITDA 740 Gas, Crude & Water Solutions NEW MEXICO System Backbones In Place TEXAS Capital Efficient and Scalable Million Long-term, Fee-Based…
DJ Basin: Integrated Footprint LONG-TERM DJ Basin Infrastructure Integrated Equity Ownership CONTRACT SUPPORT Oil Treating Product Weighted Average Length1 Online Oil 9.5 Years 155 Front Range MBOPD Latham Plant White Cliffs &…
2019 Guidance ( in millions, includes full-year effect of acquired assets) 2019 Guidance Adjusted EBITDA1 1,800 - 1,900 Total Capital Expenditures2,3 1,300 - 1,400 Maintenance Capital Expenditures 110 - 120 Annual Distribution…