Third Quarter 2014 Earnings Conference Call and Webcast November 4, 2014
Q3 2014 Financial Results Select Balance Sheet & Cash Flow Data ( in millions, except per unit data) Consolidated Financial Results Q3 2014 Q3 2013 Net Income 96.2 27.2 Operating Income 104.8 27.5 Adjusted EBITDA1 122.8 51.5…
Key Refining Performance Metrics Gross Margin1 Total Refinery Throughput ( per throughput barrel) (thousands of barrels per day) 100.0 96.5 18.87 81.2 11.86 80.0 60.0 Group 3 Benchmark Crack Spread2 Direct Operating…
Cash Available for Distribution Reconciliation ( in millions) For the three months ending September 30, 2014 Net income 96.2 Adjustments: Interest expense 6.7 Income tax provision 1.9 Depreciation and amortization 10.7…
Q4 14 Operating and Capex Guidance Q4 2014 Low High Refinery Statistics: Bakken (bpd) 62,000 65,000 Synthetic (bpd) 10,000 10,000 Western Canadian Select (bpd) 13,000 15,000 Crude Oil Charge (bpd) 85,000 90,000 Total Throughput…
Adjusted Net Income & Adjusted Earnings per Unit Reconciliation ( in millions, except per unit data) Q3 2014 Q3 2013 Net Income 96.2 27.2 Adjusted for Special Items: Reorganization and Related Costs - 0.6 Adjusted Net Income…
Refining Gross Product Margin Per Barrel of Throughput Reconciliation ( in millions, unless otherwise indicated) Q3 2014 Q3 2013 Refinery Revenue 1,425.4 1,321.7 Refinery Costs of Sales 1,257.9 1,233.1 Refinery Gross Product…