Investor Presentation May 2019 Diversified Operations in Strong Markets CANADA: SemCAMS Midstream Unique platform in liquids-rich Montney and Duvernay 6 natural gas processing plants 700 miles natural gas gathering pipelines 60…
Investor Presentation May 2019 Transformed Portfolio Provides Strategic Platform 2016 - 2018 2019 & Beyond Simplify Transform Execute Strengthen Deliver Rolled up Rose Rock Midstream MLP Complete key projects Sold non-core…
Investor Presentation May 2019 Why Invest in SemGroup Reliable Business Model Provides Highly Predictable Cash Flows Stable Secure Cash Investment Grade Business Flows Customers 97% 60% 70% Fee Based Take-or-Pay of…
Investor Presentation May 2019 U.S. Liquids Segment
Investor Presentation May 2019 U.S. Liquids Segment Update Segment Profit 1Q 2019 Key Highlights Stable earnings underpinned by take-or-pay fee USD in millions based revenues 89.5 Continued strong volumes on White Cliffs…
Investor Presentation May 2019 U.S. Liquids: Business Overview Rockies/DJ Basin White Cliffs Pipeline - 51% ownership DJ Basin to Cushing, OK Two 527-mile, 12-inch pipelines Crude line capacity 90+ bpd NGL line capacity 90+…
Investor Presentation May 2019 U.S. Liquids: Business Overview Gulf Coast Assets Mid-Con Assets Houston Terminal Cushing Terminal 18.2 million barrels of storage 7.6 million barrels of storage Five ship docks Connectivity to all…
Investor Presentation May 2019 U.S. Liquids: Houston Terminal Ship and Barge Docks Five ship docks, can handle up to Suez-max vessels with 45-foot draft Seven barge docks (accommodating 23 barge simultaneously) Pipelines,…
Investor Presentation May 2019 Strong Connectivity to the Houston Refinery Complex Connects directly / indirectly to crude pipelines serving Eagle Ford, Permian, Bakken, Midcontinent & Canada * * 12 * Under construction
Investor Presentation May 2019 Houston Terminal and Customers Houston terminal currently services nearly 30 active customers Current storage demand exceeds available tankage Average customer tenure 16 years, illustrating…
Investor Presentation May 2019 Houston, Moore Road Pipeline Connectivity Project Improves our access to various long-haul, inbound delivery systems while adding outbound pipeline connectivity Moore Road Pipeline - Construction…
Investor Presentation May 2019 DJ Basin NGL Take-Away Solution White Cliffs Pipeline NGL Conversion-Underway Long-Term Contract with DCP Midstream NGL conversion project has commenced May 2019 - one 12 crude line taken out of…
Investor Presentation May 2019 Proposed Gladiator Pipeline Cushing to Gulf Coast Solution Provides crude transportation services for light, neat grades of crude from Cushing to the Gulf Coast Originates at SemGroups Cushing terminal…
Investor Presentation May 2019 Canada Segment (JV with SemGroup & KKR)
Investor Presentation May 2019 Canada Segment Update Segment Profit (100% consolidated) 1Q 2019 Key Highlights Joint Venture with KKR and Patterson Creek acquisition closed Feb 25th 1Q19 growth driven by contributions from new…
Investor Presentation May 2019 Canada: SemCAMS Midstream Primed for Optimization Canadian Business Overview Gathering & Processing Assets Operational Processing Capacity 1.3 1.1 bcf/d operational capacity Bcf/d 260 mmcf/d under…
Investor Presentation May 2019 Canada: SemCAMS Natural Gas Business Montney and Duvernay Focused Midstream Company K3 / Wapiti Gas System: MONTNEY K3 & Wapiti plants are connected via the Wapiti pipeline system K3 plant 400 mmcf/d…
Investor Presentation May 2019 Canada: SemCAMS Midstream - Smoke Lake Plant Producer activity driven by condensate demand Smoke Lake Plant - Duvernay Construction Underway 60 mmcf/d sweet & sour gas processing plant Supported by…
Investor Presentation May 2019 Canada: SemCAMS Midstream Pipestone Growth Projects Pipestone Pipeline System Construction commenced, deliver gas to our Wapiti gas plant for processing Supported by 15-year contract Project cost…
Investor Presentation May 2019 U.S. Gas Segment
Investor Presentation May 2019 U.S. Gas Segment Update Segment Profit 1Q 2019 Key Highlights Lower STACK volumes due to expected drop of uncommitted volumes USD in millions Lower Mississippi Lime volumes due to slowed 19.8…
Investor Presentation May 2019 U.S. Gas Overview Areas of Operation Located in liquids rich oil plays 4 processing facilities 600 mmcf/d of current capacity 1,100 miles of gas gathering pipelines STACK Canton Pipeline -…
Investor Presentation May 2019 Progress towards 2019 Strategic Goals and Priorities BALANCE prudent capital management with CAPTURING strategic growth opportunities White Cliffs NGL conversion started in May Commercialization &…
Investor Presentation May 2019 Appendix
Investor Presentation May 2019 2019 Consolidated Guidance Summary (USD in millions) Segment Profit Guidance 500 to 550 million U.S. Liquids 320 - 350 million U.S. Gas 55 - 65 million Canada (100% basis) 125 - 135 million…
Investor Presentation May 2019 Portfolio Transformation Driving Secure Cash Flows Over 95% of Total LTM Gross Margin from Fee Based Cash Flows 11% 5% 2% 3% 98% 97% 95% 89% 58% 58% 49% 38% 2016 2017 2018 1Q 2019…
Investor Presentation May 2019 Consolidated Balance Sheets (in thousands, unaudited, condensed) March 31, December 31, 2019 2018 ASSETS Current assets 1,220,881 715,825 Property, plant and equipment, net 3,845,508 3,457,326…
Investor Presentation May 2019 Consolidated Statements of Operations and Comprehensive Income (Loss) (in thousands, except per share amounts, unaudited, condensed) 2019 2018 1Q 1Q 2Q 3Q 4Q FY2018 Revenues 567,232 661,609 595,794…
Investor Presentation May 2019 Non-GAAP Adjusted EBITDA Calculation (in thousands, unaudited) 2019 2018 Reconciliation of net income to Adjusted EBITDA: 1Q 1Q 2Q 3Q 4Q FY2018 Net income (loss) (3,314) (33,035) (2,726) 8,461 2,972…
Investor Presentation May 2019 Segment Profit and Adjusted EBITDA (in thousands, unaudited) 2019 2018 Segment Profit: 1Q 1Q 2Q 3Q 4Q FY2018 U.S. Liquids 89,511 68,056 80,393 75,500 85,474 309,423 U.S. Gas 12,165 14,277 15,437…
Investor Presentation May 2019 Reconciliation of Operating Income to Total Segment Profit (in thousands, unaudited) 2019 2018 1Q 1Q 2Q 3Q 4Q FY2018 Operating income 27,465 34,853 31,346 39,699 49,913 155,811 Plus: Adjustments…
Investor Presentation May 2019 Cash Available for Dividends (in thousands, unaudited) 2019 2018 1Q 1Q 2Q 3Q 4Q FY2018 Adjusted EBITDA 102,990 93,371 99,010 96,451 105,352 394,184 Less: Cash interest expense 35,626 32,530 34,870…
Loading...
