BARCLAYS CEO ENERGY-POWER CONFERENCE SEPTEMBER 13, 2013 1
PARTNERSHIP OVERVIEW Provides midstream gathering and processing services in leading unconventional plays including the Barnett, Eagle Ford, Haynesville, Marcellus, Niobrara and Utica Shales and Mid-Continent region As of December…
PARTNERSHIP STRUCTURE STRATEGIC GENERAL PARTNERS; STRONG GOVERNANCE Global Infrastructure The Williams Partners II Companies, Inc 35.2% 22.6% Limited 50% 50% Limited Partner Partner Interest Interest Access Midstream Partners…
BEST IN CLASS MLP Best in Class Industry Leading Organic Midstream Business Model Growth Platform Protected Distributions Strategically Located Assets Key Investment Highlights Substantial Growth Potential Operational…
LOW RISK BUSINESS MODEL Considerations Mitigants MVC and long-term acreage dedications Volume & Rate redetermination, cost of service and fee tiers Capital Conservative maintenance capital Arms-length, 10-20 year contracts at…
EXPANDING ASSET BASE High quality, scalable asset base High growth unconventional plays ACMP Assets Key Operating Data(1) Total Assets: 7.2 billion Dedicated Areas: 8.7 million acres Miles of Pipe: 6,379 Volume: 3,665 mmcf/d…
ACMP IS THE LARGEST G&P MLP 2Q 2013 Average Daily Throughput of Gathering Assets(1) Mmcfe/d 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 ACMP DPM RGP NGLS MWE WES APL XTEX PVR CMLP SMLP SXE EROC (1) Data for 3…
LEADING GROWTH PLATFORM Contractual growth Organic Growth CAPEX Escalating Minimum Volume in millions 1,600-1,700 Commitments Long term, Cost of Service 1,000-1,100 fee structures 800-900 660 Annual fee escalations 345 Organic…
COST OF SERVICE GROWTH 15 - 20 year fee calculated based on mid-teens return on invested capital Long term EBITDA growth part of contractual model Fee recalculated annually for actual experience and revised forecast Cost of Service…
UTICA GATHERING SYSTEM OVERVIEW WET GAS, DRY GAS AND NGL SERVICES Asset Summary Utica Shale Assets Asset Cardinal Gas Services Utica Gas Services (UGS) (CGS) Resource Associated Gas (Oil), Wet Dry Gas Gas Services Gathering,…
UTICA EAST OHIO PROCESSING OVERVIEW PROCESSING DEDICATION IN WET GAS WINDOW Project Summary Utica Shale Assets Current Status Under Construction Processing Plants 4 (200 mmcf/d each) Fractionation 135,000 Bbl/d (C2+) NGL Storage…
UTICA ASSETS 13
KENSINGTON PLANT 14
HARRISON HUB 15
FINANCIAL PERFORMANCE FINANCIAL PERFORMANCE HIGHLIGHTS STRENGTH OF ACMP MODEL Adjusted EBITDA(1) Enterprise Value in millions in billions 207 12.5 184 10.6 9.0 118 121 120 119 97 76 84 92 5.0 73 4.3 2.6…
HIGHLY VISIBLE GROWTH ACMP FINANCIAL OUTLOOK UPDATED WITH 2015 2013 - 2015 ACMP Financial Outlook ( million) 2013 2014 2015 EBITDA 800 850 1,000 1,100 1,200 1,300 Growth Capital 1,600 1,700 1,000 1,100 800 - 900 Maintenance…
OUR COMMITMENT TO SAFETY & ENVIRONMENTAL EXCELLENCE Every day, across every part of our business, Access is committed to safety and environmental excellence Every day, we commit to: Excellence Safety Environment Community Focus…
CORPORATE INFORMATION ACMP Headquarters 525 Central Park Dr. Oklahoma City, OK 73105 (877) 413-1023 Web site: www.accessmidstream.com Contact: Dave Shiels Chief Financial Officer dave.shielsaccessmidstream.com (405) 727-1740
Loading...
