Business Overview Water Solutions Crude Logistics Liquids & Refined Products Transports, treats, recycles and Purchases crude oil from producers Conducts wholesale operations for disposes of produced and flowback and marketers and…
Business Strategy Build a diversified Transport crude oil from the wellhead to refiners midstream MLP Transport water from the producer to treatment for disposal, recycle, or discharge providing multiple services Transport natural gas…
Balance Sheet Management Review NGLs Transformation & Simplification Segment EBITDA Breakdown as of March 31, 2018* Segment EBITDA Breakdown as of March 31, 2020* Major Divestitures Major Acquisitions Liquids & Retail Propane Refined…
Water Solutions Segment Overview 6
Water Solutions Platform Our Water Solutions segment transports, treats, recycles and disposes of produced and flowback water generated from crude oil and natural gas production, disposes of solids such as tank bottoms, drilling fluids…
NGLs S.W.D. Mission Sustainable Water Developments Safer Water Distribution Scientific Water Discoveries Reduce ecological footprint Operate water systems that Support scientific research and support the oil & gas increase safety and…
Delaware Basin SWD NGL has 62 active Salt Water Disposal Facilities & 119 Facilities & completed Disposal Wells Disposal 91 wells in Texas and 28 in New Mexico Wells NGL has 1 Solids Disposal Facility in-service at its Orla…
Water Solutions Financial Overview Segment Adjusted EBITDA FY 2020 Statistics 300 Blended disposal rate of 0.63/bbl and operating expense of 0.40/bbl for each disposal volume 250 232 Average skim oil percentage at 0.21% of disposal…
Crude Logistics Platform Our Crude Oil Logistics segment purchases crude oil from producers and marketers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail…
Grand Mesa Pipeline 550 miles of 20 Crude oil pipeline from the DJ Basin to Cushing, OK Grand Mesa Share NGL/Grand Mesa have 37.5% undivided joint interest DJ of Capacity 150,000 BPD capacity Basin Lucerne & Riverside Terminals in…
Crude Oil Logistics Financial Overview Segment Adjusted EBITDA FY 2020 Statistics 250 Grand Mesa Pipeline 219 Total financial volumes average 131kbpd 200 181 3% increase to rates per FERC oil pipeline index starting July 1, 2019…
Liquids and Refined Products Platform Our Liquids and Refined Products segment purchases gasoline, diesel, propane, butane and other products from refiners, processing plants, producers and other parties, and sells the products to…
Liquids and Refined Products Financial Overview Segment Adjusted EBITDA(1) FY 2020 Statistics Propane/Butane Wholesale 200 182 Propane sold of 1.5 billion gallons at 0.052/gal margin Butane sold of 815 million gallons at 0.105/gal…
Financial Overview 17
Financial Objectives The Partnership will look to maintain a flexible balance sheet with a Strong Balance leverage target of less than 4.00x on a total leverage basis Sheet Goal of achieving investment grade rating Focus on…
Credit Profile (2) Debt Maturities as of 6/30/20 (In Millions) Debt & Preferred Equity Balances as of 6/30/20 2,000 1,658 (In Thousands) 1,600 6/30/2020 3/31/2020 Debt 1,200 Expansion Capital Borrowings 1,400,000 1,120,000 800…
1st Quarter Update Segment Summary: Quarterly Summary Performance (s In Millions) Crude Oil Logistics results impacted by commodity prices and lower crude oil Jun-20 Jun-19 Variance(%) demand as a result of the COVID-19 pandemic. The…
Key Investment Highlights Multiple business segments with significant geographic diversity reducing cash flow volatility Diversified and Presence in the highest rate of return oil & gas producing regions in North America Attractive…
Appendix 23
1Q21 Adjusted EBITDA & DCF Walk Three Months Ended June 30, 2020 2019 (in thousands) Net (loss) income (35,252) 8,039 Less: Net (income) loss attributable to noncontrolling interests (51) 268 Net (loss) income attributable to NGL…
1Q21 & 1Q20 Adjusted EBITDA by Segment Three Months Ended June 30, 2020 Discontinued Liquids and Corporate and Continuing Operations (TPSL, Mid- Crude Oil Logistics Water Solutions Refined Products Other Operations Con, Gas Blending)…
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