Skip to main content 1Q 2019 Earnings Presentation – Enterprise Products Partners LP | Shale Experts
Loading...

1Q 2019 Earnings Presentation – Enterprise Products Partners LP

Enterprise Products Partners LP · May 1, 2019 · 16 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 1
    ENTERPRISE PRODUCTS PARTNERS L.P. enterpriseproducts.© ALL RIGHTS RESERVED. ENTERPRISE PRODUCTS PARTNERS L.P. com FIRST QUARTER 2019 EARNINGS SUPPORT SLIDES
  2. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 2
    GROSS OPERATING MARGIN BRIDGE Details: Non-cash mark to market (“MTM”) changes are a function of the hedging of crude oil, natural gas and natural gas liquids (“NGL”) price differentials between regional markets. This hedging is…
  3. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 3
    INDICATIVE ATTRIBUTION OF GROSS OPERATING MARGIN 91% 89% 86% 83% 6% 5% 6% 5% 5% 6% 8% 12% $0.0 $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0 2016 2017 2018 1Q2019 Gross Operating Margin in $Billions Fee-Based Commodity…
  4. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 4
    % 9% 5% 10% 13% 11% 15% 0% 20% 40% 60% 80% 100% NGL Segment Crude Segment Natural Gas Segment Petchem & Refined Products Segment % breakout of GOM Fee-Based Commodity Price-Based Differential-Based (1) INDICATIVE ATTRIBUTION…
  5. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 5
    INDICATIVE ATTRIBUTION OF GOM FOR SELECT BUSINESSES 81% 68% 57% 65% $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0 $100 $200 $300 $400 $500 $600 2016 2017 2018 1Q 2019 Price Spread GOM in $Millions Natural Gas…
  6. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 6
  7. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 7
    NGL SEGMENT GOM BRIDGE 1Q 2019 VS. 1Q 2018 Details: Mont Belvieu storage facility increased primarily due to higher storage fees. Marketing activities increased primarily due to incremental spread opportunities related transport…
  8. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 8
    $220 $662 $230 $40 $84 $27 $22 $17 $22 $- $100 $200 $300 $400 $500 $600 $700 1Q 2018 GOM Non-Cash MTM Change Midland to ECHO 1 System (excl. MTM) Crude Oil Marketing (excl. MTM) West Texas & Eagle Ford Systems…
  9. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 9
    NATURAL GAS SEGMENT GOM BRIDGE 1Q 2019 VS. 1Q 2018 $198 $264 ($5) ($3) $5 $29 $23 $9 $8 $- $50 $100 $150 $200 $250 $300 1Q 2018 GOM Non-Cash MTM Change Natural Gas Marketing (excl. MTM) Texas Intrastate P/L System…
  10. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 10
    PETROCHEMICAL AND REFINED PRODUCTS SERVICES GOM BRIDGE 1Q 2019 VS. 1Q 2018 $ in MMs Details: PDH entered commercial service in April 2018 and operated at approximately 80% utilization in 1Q 2019. Propylene fractionation and related…
  11. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 11
  12. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 12
    NGL SEGMENT GOM BRIDGE 1Q 2019 VS. 4Q 2018 $969 ($2) $959 $16 $13 $10 ($6) ($12) ($22) ($6) $0 $200 $400 $600 $800 $1,000 $1,200 4Q 2018 GOM Non-Cash MTM Change NGL Marketing (excl. MTM) Mont Belvieu Storage Mont…
  13. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 13
    CRUDE OIL SEGMENT GOM BRIDGE 1Q 2019 VS. 4Q 2018 Details: Non-cash MTM decreased due to transportation hedges associated with the Midland to ECHO 1 Pipeline System. Marketing activities increased primarily due to higher average sales…
  14. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 14
    NATURAL GAS SEGMENT GOM BRIDGE 1Q 2019 VS. 4Q 2018 $263 ($11) $9 $5 ($6) $5 $264 $0 $50 $100 $150 $200 $250 $300 4Q 2018 GOM Non-Cash MTM Change Permian Basin Gathering Systems Texas Intrastate P/L System Haynesville area…
  15. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 15
    PETROCHEMICAL AND REFINED PRODUCTS SERVICES GOM BRIDGE 1Q 2019 VS. 4Q 2018 $255 ($7) $10 ($10) ($12) $243 $7 $0 $50 $100 $150 $200 $250 $300 4Q 2018 GOM Non-Cash MTM Change Mont Belvieu Isoms Mont Belvieu Propylene…
  16. 1Q 2019 Earnings Presentation – Enterprise Products Partners LP – slide 16
    WE CONTINUE TO INVEST & GROW ?$5B of Major Capital Projects Under Construction Aegis ethane pipeline: expected ramp to 362 MBPD in 2019 Shin Oak pipeline began partial operations February 2019 and capacity expected to ramp to 550 MBPD…

From the store

Browse maps, data & reports in the Shale Experts store