Enable Midstream Partners, LP Third Quarter 2019 Conference Call November 6, 2019
Enable Highlights Achieved a distribution coverage ratio of 1.40x1, funding a significant portion of third quarter 2019 expansion capital Reported higher natural gas transported volumes, interstate firm contracted capacity and crude…
Gathering and Processing Rig Activity Updates Segment Highlights Anadarko: Producers remain active around Enables gathering footprint with 31 rigs1 currently drilling wells expected to be Strong well results in the STACK and SCOOP…
Transportation and Storage Highlights Enables Infrastructure Provides Compelling Value for New and Existing Customers Contracted or extended over 575,000 Dth/d of transportation Continued Execution Resulting in capacity during third…
Transportation and Storage Overview Large Scale, Top-Tier Integrated Assets Provide Unique Market Solutions for Many Sources of Supply and Demand 10,100 Miles 84.5 Bcf Interstate/Intrastate Natural Gas Pipelines1 Storage Capacity…
Operational and Financial Results
Operational Performance Overview Natural gas gathered volumes decreased for third quarter 2019 compared to third quarter 2018 primarily as a result of lower gathered volumes in the Arkoma and Anadarko Basins Natural gas processed…
Financial Results Financial Results Quarter over Quarter Q3-19 Q3-18 % Change in millions, except per-unit and ratio data Total Revenues 699 928 25% Gross Margin1 436 412 6% Net Income Attributable to Limited Partners 132 138…
2020 Outlook and Key Takeaways
2020 Outlook 2020 Operational Outlook 2020 Financial Outlook in millions Natural Gas Gathered Volumes (TBtu/d) 4.5 5.1 Net Income Attributable to Common Units 385 445 Anadarko 2.2 2.4 Interest Expense 175 195 Arkoma 0.4 0.5…
Consolidated Statements of Income Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 (In millions, except per unit data) Revenues (including revenues from affiliates): Product sales 320 553 1,156…
2020 Forward-Looking Non-GAAP Reconciliation 2020 Outlook (In millions) Reconciliation of Adjusted EBITDA and distributable cash flow to net income attributable to limited partners and calculation of Distribution coverage ratio: Net…
2020 Forward-Looking Non-GAAP Reconciliation Continued 2020 Outlook (In millions) Reconciliation of Adjusted interest expense to Interest expense: Interest expense, net of interest income 175 - 195 Amortization of premium on…
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