Enable Midstream Partners, LP Barclays CEO Energy-Power Conference September 3, 2014
Non-GAAP Financial Measures Enable has included the non-GAAP financial measure Adjusted EBITDA in this presentation based on information in its financial statements. Adjusted EBITDA is a supplemental financial measure that management and…
Key Investment Highlights High-Quality Assets High degree of interconnectivity between assets and end markets and consumers Assets are located in four of the most prominent natural gas and crude oil producing basins in the country…
Interconnected, Diverse and Strategically Located Enable provides operating reach and scale with complementary capabilities managing gas gathering and processing services, intrastate and interstate transmission and storage for customers…
Large and Diverse Customer Base Enables revenues are strengthened by a diverse, high-quality customer base, many of whom are investment grade Many of our customers rely on us for multiple midstream services across both G&P and T&S Loyal…
Stable, Long-Life Cash Flow Profile Enables cash flow strength reflects its predominantly fee-based contract profile and regulated assets Low commodity exposure exposure primarily related to the realization of our expected natural gas,…
Gathering and Processing Segment 8
Anadarko System System Map System Highlights Significant producer activity across the Anadarko system, including drilling in the SCOOP, Mississippi Lime, and Greater Granite Wash plays 165 rigs currently active in the counties in…
Ark-La-Tex and Arkoma Systems Ark-La-Tex System Map System Highlights Rich and lean gas exposure with current drilling activity mainly focused in the Cotton Valley play Primarily fee-based with significant minimum volume commitment…
Williston System System Map and Rig Activity1 System Highlights In 2013, XTO invited Enable to develop a crude oil gathering system in the Bakken Our first crude gathering system, located in Dunn and McKenzie counties, commenced…
Transportation and Storage Segment 12
Enable Gas Transmission (EGT) Pipeline Map Pipeline Highlights 5,995 miles 5,995-mile interstate pipeline 6.6 Bcf/d capacity 30.5 Bcf storage capacity serving Arkoma, Ark-La-Tex and Anadarko basins in Oklahoma, Texas, Arkansas,…
Mississippi River Transmission (MRT) Pipeline Map Pipeline Highlights 1,663-mile interstate pipeline in Texas, Arkansas, Louisiana, Missouri and Illinois MRTs primary delivery points are to local distribution companies and…
Southeast Supply Header (SESH) Pipeline Map Pipeline Highlights 286-mile interstate natural gas pipeline that runs from Perryville, Louisiana to southeastern Alabama near the Gulf Coast Joint venture among Enable Midstream, Spectra…
Enable Oklahoma Intrastate Transmission (EOIT) Pipeline Map Pipeline Highlights Intrastate EOIT 2,246-mile intrastate transportation 2,246 miles 1.9 Bcf/d peak throughput pipeline system in Oklahoma 24.0 Bcf storage capacity…
Growth Strategy 17
Enables Growth Strategy Capture organic growth opportunities in our core basins Extend the value chain from wellhead to end users in our core commodities of gas, NGLs, and crude Establish a presence in high-growth basins Develop a…
Growth Capex Outlook 3.3 - 4.3 billion of growth capital potential through 2017 in millions 2014 2015 2016 2017 Total Contracted Expansion 725 775 800 1,000 700 1,000 2,225 2,775 Identified Opportunities 25 75 225 425 800 1,000…
Growth Plan in Action: SCOOP Increased producer activity in dedicated acreage is expected to drive volume growth and create organic growth opportunities across the midstream value chain How Enable Capitalizes on the SCOOP SCOOP-area…
Key Investment Highlights A compelling investment opportunity that doesnt require future drop-downs for growth Fully integrated suite of assets: 11,000 miles of gathering systems, 12 major processing plants, Significant Size, Scale and…
Appendix 22
Reconciliation of Net Income to Adjusted EBITDA Enable Midstream ( in millions) Partners, LP Pro Forma Year Ended December 31, 2013 Net income attributable to controlling interest 451 Add: Depreciation and amortization expense…