Sunoco Logistics Partners L.P. Third Quarter 2014 Earnings Conference Call November 6, 2014
Highlights Strong Third Quarter Performance: 246MM Adjusted EBITDA 2nd highest quarter ever 194MM Distributable Cash Flow Distributions: 10 consecutive quarter over quarter increase of 5% 38th consecutive increase overall 3Q…
Highlights Capital: 2015 organic expansion capital guidance at 2 billion 2014 updated organic expansion capital guidance of 2.5 billion 2014 maintenance capital guidance of 70 million Balance Sheet: Revolver Covenant…
10 Consecutive Quarters of 5% Distribution Growth Guidance 5% quarter over quarter increases in 2014 Note: Values adjusted for the two-for-one unit split completed on June 12, 2014 6
Crude Projects West Texas Crude Expansions Granite Wash Extension Permian Crude to multiple markets Granite Wash Crude to multiple markets Permian Express 1 Permian Crude to Nederland Permian Express 2 Permian Crude to…
Mariner Franchise Mariner East 1 Ethane / Propane from Houston to Marcus Hook Mariner West Ethane from Houston to Sarnia Mariner South Mariner East 2 Propane / Butane from Mont Belvieu to Nederland NGLs from Shales to Marcus…
Mariner West & East Comprehensive Marcellus Solution Mariner West Mariner East 1 Ethane from Houston to Sarnia Ethane / Propane from Houston to Marcus Hook Mariner East 2 NGLs from Shales to Marcus Hook 11
Marcus Hook Natural Gas Liquids Acquired from Sunoco, Inc. 60MM Continued commitment to growth in natural gas liquids Anchors Mariner East Located near the Marcellus and Utica shales, the site offers many features: Five underground…
SXL Q3 2014 Financial Highlights (amounts in millions) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Sales and other operating revenue 4,915 4,528 14,213 12,351 Cost of products sold 4,581…
SXL Q3 2014 Financial Highlights (amounts in millions, except per unit amounts) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Calculation of Limited Partners' interest: Net Income attributable…
SXL Q3 2014 Financial Highlights (amounts in millions) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Capital Expenditures: Expansion 748 288 1,840 598 Maintenance 16 15 47 37 Acquisitions -…
SXL Q3 2014 Financial Highlights (amounts in millions) September 30, December 31, 2014 2013 Balance Sheet Data: Cash and cash equivalents 58 39 Advances to affiliated companies (1) - 239 Revolving credit facilities 560 235…
SXL Non-GAAP Financial Measures (amounts in millions) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Net Income 157 81 425 369 Interest expense, net 14 22 51 58 Depreciation and amortization…
SXL Crude Oil Pipelines (financial amounts in millions) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 144 139 413 356 Adjusted EBITDA…
SXL Crude Oil Acquisition and Marketing (financial amounts in millions) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 4,497 4,244 13,023…
SXL Terminal Facilities (financial amounts in millions) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 298 177 868 536 Adjusted EBITDA…
SXL Refined Products Pipelines (financial amounts in millions) Three Months Ended Nine Months Ended September 30, September 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 46 34 127 96 Adjusted…
SXL Key Financial and Operating Statistics 2010 2011 2012 2013 2014 Total Total 1st 2nd 3rd 4th Total 1st 2nd 3rd 4th Total 1st 2nd 3rd Total Financial highlights (in millions) Sales and other operating revenue Crude Oil Pipelines…
SXL Key Financial and Operating Statistics 2010 2011 2012 2013 2014 Total Total 1st 2nd 3rd 4th Total 1st 2nd 3rd 4th Total 1st 2nd 3rd Total Reconciliation of Segment Operating Income to Net Income Attributable to Sunoco Logistics…