Sunoco Logistics Partners L.P. Second Quarter 2014 Earnings Conference Call August 07, 2014
2Q Highlights Record quarterly performance: 280MM Adjusted EBITDA and 223MM Distributable Cash Flow Distributions: 9th consecutive quarter over quarter increase of at least 5% 37th consecutive increase overall 2Q increase:…
9 Consecutive Quarters of at Least 5% Distribution Growth Guidance 5% quarter over quarter increases in 2014 Note: Values adjusted for the two-for-one split completed on June 12, 2014 5
Scheduled Project Start-up 6
Organic Capital 2,500 2,000 Investment (MM) 1,500 1,000 500 0 2009 2010 2011 2012 2013 2014P Organic Capital 7
Acquisitions 600 500 Investment (MM) 400 300 200 100 0 2009 2010 2011 2012 2013 2014* Acquisition Capital *SXL does not comment on future acquisitions 8 *Includes the acquisition of an additional 3.9% interest in…
Crude Projects Granite Wash Extension Granite Wash Crude to multiple markets West Texas Crude Expansions Permian Crude to multiple Permian Express 1 markets 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…
SXL Q2 2014 Financial Highlights (amounts in millions) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Sales and other operating revenue 4,821 4,311 9,298 7,823 Cost of products sold 4,517 4,023 8,727…
SXL Q2 2014 Financial Highlights (amounts in millions, except per unit amounts) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Calculation of Limited Partners' interest: Net Income attributable to Sunoco…
SXL Q2 2014 Financial Highlights (amounts in millions) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Capital Expenditures: Expansion 627 174 1,092 310 Maintenance 13 18 31 22 Acquisitions 80 60 80…
SXL Q2 2014 Financial Highlights (amounts in millions) June 30, December 31, 2014 2013 Balance Sheet Data: Cash and cash equivalents 116 39 Advances to affiliated companies (1) - 239 Revolving credit facilities 285 235 Senior…
SXL Non-GAAP Financial Measures (amounts in millions) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Net Income 158 146 268 288 Interest expense, net 21 17 37 36 Depreciation and amortization expense 74…
SXL Crude Oil Pipelines (financial amounts in millions) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 138 122 269 217 Adjusted EBITDA 104 88 197…
SXL Crude Oil Acquisition and Marketing (financial amounts in millions) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 4,432 4,047 8,526 7,306…
SXL Terminal Facilities (financial amounts in millions) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 283 176 570 359 Adjusted EBITDA 97 70 183…
SXL Refined Products Pipelines (financial amounts in millions) Three Months Ended Six Months Ended June 30, June 30, 2014 2013 2014 2013 Financial Highlights Sales and other operating revenue 40 32 81 62 Adjusted EBITDA 26 16 43…
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 Total Financial highlights (in millions) Sales and other operating revenue Crude Oil Pipelines 221…
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 Total Reconciliation of Segment Operating Income to Net Income Attributable to Sunoco Logistics…