2019 Enable Highlights Commercial and Operational Achievements Achieved record full-year natural gas gathered, natural gas processed, natural gas transported, and crude oil and condensate gathered volumes1 Significantly increased…
2019: A Year of Continued Execution 5.31 6.18 4.72 5.56 5.04 Total Gathered 4.88 Transported Tbtu/d Equivalent1 3.71 3.28 Volumes Volumes Tbtu/d +62% since 2016 +27% since 2016 2016 2017 2018 2019 2016 2017 2018 2019…
Gulf Run Pipeline Project Gulf Run Pipeline Project The Gulf Run Pipeline project, backed by a 20-year commitment from cornerstone shipper Golden Pass LNG, will provide access to some of the most prolific natural gas producing…
Q4 2019 Commercial Highlights Gathering and Processing Transportation and Storage Producers remain active across Enables Contracted or extended over 1.2 million Dth/d of gathering footprint with 27 rigs1 currently drilling…
Operational and Financial Results
Operational Performance Overview Natural gas gathered volumes increased for full-year 2019 compared to full-year 2018 primarily as a result of higher gathered volumes in the Anadarko and Ark-La-Tex Basins, partially offset by lower…
Financial Results Financial Results Three Months Ended Dec. 31 Year Ended Dec. 31 2019 2018 % Change 2019 2018 % Change in millions, except per-unit and ratio data Total Revenues 731 950 23% 2,960 3,431 14% Gross Margin1 410…
2020 Focus 1 Strong Financial Position Focused on maintaining strong distribution coverage and investment-grade credit metrics 2 Optimization Continuing to improve efficiency and generate cost savings Commercial Excellence…
Question and Answer Question and Answer
Appendix Appendix
2020 Outlook 2020 outlook provided Nov. 6, 2019, reaffirmed Feb. 19, 2020 2020 Financial Outlook in millions Net Income Attributable to Common Units 385 445 Interest Expense 175 195 Adjusted EBITDA1 1,050 1,150 Series A Preferred…
Derivative Activity and Price Sensitivities Derivative Activity ( in millions) Hedging Summary3 Year Ended Dec. 31 Commodity 2020 2021 Natural Gas (NYMEX) 2019 2018 Exposure Hedged (%) 35% 2% Gain (Loss) on Derivative Activity 16…
Consolidated Statements of Income Three Months Ended Year Ended December 31, December 31, 2019 2018 2019 2018 2017 2016 (In millions, except per unit data) Revenues (including revenues from affiliates): Product sales 377 609 1,533…