American Midstream Partners, LP Investor Presentation May 2014
COMPANY OVERVIEW 3
American Midstream Partners, LP NYSE Ticker AMID Quarterly Distribution 0.4625 per unit (1.85 per unit annualized) Yield (1) 6.7% Equity Market Cap (1) 306.0 million Enterprise Value (1,2) 557.7 million Outstanding Limited…
Key Investment Highlights Early stage growth company with 2013 annual total return of 128%1 Acquisitions and development supported by experience and financial strength of Credible Growth General Partner (GP) sponsor Strategy Potential…
Diversified and Strategically Located Assets Assets primarily located in Alabama, Louisiana, Mississippi, Tennessee, Texas and Georgia1 Eleven gathering systems, three processing facilities2, one fractionation facility, three…
Growth Strategy Leverage development and operating expertise to establish new asset platforms within or outside of existing geographic footprint Asset Development General Partner can develop strategic assets in conjunction with AMID…
2013/2014 Transformative Events AMID Daily Closing Price 30.00 4.6% Increase in 27.47 Quarterly Distribution 28.00 26.00 128% Total Return1 2.2% Increase in 24.00 Quarterly Distribution 22.00 20.00 13.64 18.00 16.00 14.00 12.00…
Lavaca System Overview Acquisition of a natural gas gathering and redelivery system in the Eagle Ford shale for 100 million PVA Acreage New system constructed in 2011 and located in the East Oil and East Gas Condensate zones of the…
Blackwater Midstream Drop Down Immediately accretive 60 million acquisition from ArcLight Blackwater Assets Adds significant fee-based cash flow with no direct commodity exposure, distribution support, optimal scale, and additional…
Anticipated Eagle Ford Drop Down On May 8, 2013, American Midstream and High Point Infrastructure Partners (High Point), which controls the general partner of American Midstream, announced a long-term, fee-based agreement to provide…
Why Invest in American Midstream Significant Growth Competitive Advantage Financial Strength Early-stage company with Under-the-radar growth Supported by experienced meaningful growth potential materially benefits small sponsor…
Appendix Non-GAAP Financial Measures Non-GAAP Financial Measures This presentation includes forecasted and historical non-GAAP financial measures, including Gross Margin, Adjusted EBITDA and Distributable Cash Flow. The GAAP measure most…
Appendix Reconciliation of Non-GAAP Financial Measures Reconciliation of Net income (loss) attributable to Three months ended March 31, the Partnership to Adjusted EBITDA 2014 2013 Net income (loss) attributable to the Partnership 400…
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