Skip to main content 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp Investor Presentation | Shale Experts
Loading...
Pm

2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp

Hess Midstream Partners Lp · May 21, 2018 · 18 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. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 1
    Hess Midstream Partners LP 2018 MLP & Energy Infrastructure Conference May 2018 1
  2. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 2
    Executing Our Strategy Consolidated Adjusted EBITDA1 (MM) Recent Highlights 500 460 - 485 Executing key strategic projects to further 450 enhance infrastructure footprint 400 399 Extending organic growth trajectory through…
  3. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 3
    Strategic Relationship with Strong Sponsors Integrated Partnership Dedicated to HIPs Growth 20 Bn Global E&P Co. with Strong Balance Sheet 45 Bn AUM5 Global Infrastructure Investor Focusing portfolio on lower cost, higher return…
  4. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 4
    Strategic Relationship with Strong Sponsors Hess Competitively Advantaged Inventory in Core of the Play Large-Scale Footprint in the Core of the Bakken More DSUs in Core of Middle Bakken Than Any Other Operator 550,000 net acres (Hess…
  5. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 5
    Strategic Relationship with Strong Sponsors Hess Competitively Advantaged Inventory in Core of the Play Hess 2018 Expected Drilling Program Average Well Cumulative Oil Forecast by Field MBO 120 Keene (Antelope/Blue Buttes) Stony…
  6. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 6
    Strategically Located Infrastructure Large-Scale Asset Base Serving Hess and Third Parties in the Bakken Strategically advantaged asset base in the core of the Bakken 3 Bn invested capital Full service midstream provider to Hess…
  7. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 7
    Growing Demand for Bakken Gas Processing Production Gains Forecast To Outpace Processing Capacity North Dakota Gas Processing Capacity1 Bakken Basin Gas Landscape Bcf/d 5.0 Hess Midstream Rising rig activity levels at Hess and…
  8. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 8
    Integrated Gas Processing and Gathering Offers Processing and Export Optionality to Hess and Third Parties 350 MMcf/d of Gas Processing Capacity1 Tioga Gas Plant (TGP) capacity of 250 MMcf/d including ethane extraction; with option…
  9. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 9
    Integrated Crude Oil Terminaling and Gathering Offers Terminaling and Export Optionality to Hess and Third Parties 382 MBbl/d of Crude Oil Terminaling Capacity 15% 282 MBbl/d Ramberg Terminal Facility (RTF) export capacity 85% 100…
  10. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 10
    Multiple Drivers of Organic Growth Significant Embedded and Visible Growth 140 120 Hess Bakken Net Production (MBoe/d) 3bn invested capital supports Hess dedication 100 Existing Hess increasing Bakken activity to 6 rigs 2H18 80…
  11. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 11
    Stable, Growing Cash Flows Supported by Long-Term Commercial Contracts with Hess MVCs provide ongoing Annual fee recalculation for changes in volume near-term downside protection forecast to maintain EBITDA stability 10-Year…
  12. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 12
    Established Track Record Proven Effectiveness of Long-Term Commercial Contracts Demonstrated cash flow protection during the oil price downturn Hess Bakken Hess Bakken Net Production (MBoe/d) Consolidated Adjusted EBITDA1 (MM)…
  13. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 13
    Highly Visible Growth Multiple Options to Deliver Targeted Growth Guided DCF delivers targeted 15% annual DPU growth Delivering Targeted Distribution Growth Quarter on Quarter at 1.1x coverage 2017 2018 0 0 0.33 Financials…
  14. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 14
    Hess Midstreams Strengths Distinctive, premier MLP platform Strategic Relationship Hess is a leading global E&P company with Strong Sponsors GIP is a leading infrastructure investor Strategically Located, Strategically advantaged…
  15. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 15
  16. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 16
    Hess Midstream Partners LP Overview Partnership Overview Strong Sponsorship Hess Midstream Partners (HESM) is a midstream MLP with strong sponsorship: - Strategic infrastructure in core of the Bakken 50% 50% Ownership Ownership -…
  17. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 17
    Significant Financial Flexibility Ability to Primarily Self Fund Growth Generating Free Cash Flow and Self Funding Growth Unused 300 MM revolving credit facility1 30MLP EBITDA (MM) Expansion Capex (MM) 100 90-95 25 90 21 21 80…
  18. 2018 MLP and Energy Infrastructure Conference – Hess Midstream Partners Lp – slide 18
    Reconciliation to GAAP Metrics Non-GAAP Financial Measures We define Adjusted EBITDA as net income (loss) plus net interest expense, income tax expense (benefit) and depreciation and amortization, as further adjusted to eliminate the…

From the store

Browse maps, data & reports in the Shale Experts store