Fourth-Quarter and Full-Year 2020 Review February 24, 2021
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Design, Construct, and Coordinate Collaborate Develop Solutions with Operate Responsibly with Producers with Peers Regulatory Groups 15
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Three Months Ended Year Ended thousands December 31, 2020 December 31, 2020 Reconciliation of Net income (loss) to Adjusted EBITDA Net income (loss) 270,776 516,852 Add: Distributions from equity investments 69,231 278,797 Non-cash…
Three Months Ended Year Ended thousands December 31, 2020 December 31, 2020 Reconciliation of Net cash provided by operating activities to Adjusted EBITDA Net cash provided by operating activities 505,525 1,637,418 Interest (income)…
Three Months Ended Year Ended thousands December 31, 2020 December 31, 2020 Reconciliation of Net cash provided by operating activities to Free cash flow Net cash provided by operating activities 505,525 1,637,418 Less: Capital…
Three Months Ended Year Ended thousands December 31, 2020 December 31, 2020 Reconciliation of Operating income (loss) to Adjusted gross margin Operating income (loss) 372,954 878,913 Add: Distributions from equity investments 69,231…