2 0 1 4 M O R G A N S TA N L E Y MARCELLUS-UTICA SUMMIT September 17, 2014
NON-GAAP MEASURES D i s t r i b u t a b l e C a s h F l o w ( D C F ) a n d A d j u s t e d E B I T D A a r e n o n - G AAP Fi n a n c i a l M e a s u r e s , a n d s h o u l d n o t b e c o n s i d e r e d s e p a r a t e l y f r o m o…
K E Y I N V E S T M E N T C O N S I D E R AT I O N S HIGH-QUALITY SUBSTANIAL PROVEN STRONG DIVERSIFIED GROWTH CUSTOMER FINANCIAL ASSETS OPPORTUNITES SATISFACTION PROFILE Leading presence 2014 growth capital Received the 1 rating…
W H E R E W E O P E R AT E Utica In the Utica segment, we have a leading position with 725 MMcf/d of processing capacity and 64,000 Bbl/d C2+ fractionation capacity. Growing to over 1.3 Bcf/d of processing capacity and 109,000…
G R O W T H D R I V E N B Y C U S T O M E R S AT I S FA C T I O N MarkWest has received the 1 rating in four of the last five EnergyPoint Research surveys 6
M A R C E L L U S & U T I C A : D R I V I N G U . S . G A S S U P P LY Wellhead gas production (before flaring and NGL extraction) Rest of U.S. Marcellus & Utica 65 20 Marcellus & Utica Billion cubic feet per day (Bcf/d) Rest…
M A R C E L L U S & U T I C A : Q U I C K FA C T S Current Processing Capacity 3.4 Bcf/d Growing to 6.0 Bcf/d 446 MBls/d 16 Premier producers and full access to NGL & Growing to Residue Gas markets Major infrastructure…
MARCELLUS SEGMENT We are the largest processor and fractionator in the Marcellus Processing Shale and provide fully-integrated natural gas midstream services 2.7Bcf/d Fractionation 202,000Bbl/d Gathering 615MMcf/d Under Construction…
MARCELLUS SEGMENT OVERVIEW MarkWest continues to achieve record volumes Processed Volumes (MMcf/d) and operating income at five major complexes 2,500 Processed volumes increased 11% when compared to last quarter and 76% from the…
M A R K W E S T M A R C E L L U S O P E R AT I O N S & P R O D U C E R S KEYSTONE COMPLEX MAJORSVILLE COMPLEX Bluestone I, II & Sarsen I 210 MMcf/d Operational Majorsville I V 870 MMcf/d Operational Bluestone III 200 MMcf/d 4Q15…
UTICA SEGMENT In the Utica segment, we are partnered with The Energy & Minerals Group Processing and Summit Midstream, and have a leading position in developing fully- integrated gathering, processing, fractionation, and NGL marketing…
UTICA SEGMENT OVERVIEW MarkWest Utica EMG continues to develop its Processed Volumes (MMcf/d) leading fully integrated midstream system in eastern Ohio 600 Current development consists of 600 MMcf/d of new processing capacity,…
U T I C A O P E R AT I O N S & P R O D U C E R S OHIO GATHERING & OHIO CONDENSATE In 2Q14, Summit exercised the option it acquired from Gulfport to purchase a 40% ownership in Ohio Gathering and Condensate Stabilization Facility…
T O TA L M A R C E L L U S & U T I C A P R O C E S S I N G C A PA C I T Y Current & Announced MarkWests Processing Capacity Processing Capacity 3,280 Current MMcf/d 66% 4,080 2014 34% 80% MMcf/d MarkWest Others 2015+…
UTICA DRY GAS POTENTIAL Potentially one of the most KEYSTONE Butler economically viable dry gas plays in OHIO the U.S. HOPEDALE EURs ranging from 10 Bcfe to in UTICA CONDENSATE HILLMAN excess of 15 Bcfe CADIZ Ultimate volumes…
M A R C E L L U S & U T I C A : F U L L - S E R V I C E C A PA B I L I T I E S KEYSTONE Ten major complexes with current Butler HOPEDALE FRACTIONATOR processing capacity of over 3.4 Columbiana Bcf/d. Growing to over 6.0 Bcf/d OHIO…
M A R K W E S T I N V E S T M E N T C O N S I D E R AT I O N S : W H AT T O E X P E C T Maintain strong customer base in key resource plays with high-quality assets and exceptional service Continue to execute on growth projects that…
1515 Arapahoe Street Tower 1, Suite 1600 Denver, Colorado 80202 PHONE: 303-925-9200 I N V E S T O R R E L AT I O N S : 866-858-0482 E M AI L : investorrelationsmarkwest.com W EBSITE: www.markwest.com