INITIAL PUBLIC OFFERING Shell Midstream Partners Initial public offering of 46,000,000 common units, which included full exercise of underwriters overallotment Represents 33.4 percent publicly owned interest SHLX began trading on…
ORGANIC GROWTH Shell Midstream Partners Zydeco Mars Highlights Mars: new volumes from Jack St. Malo, Olympus, Powerball, and Coelacanth currently ramping up Mars: new volumes from Big Foot and Stampede expected in…
EXTENSIVE PORTFOLIO OF MIDSTREAM ASSETS AT SPONSOR Shell Midstream Partners Shell Pipeline Company Onshore Shell Pipeline Company Offshore Crude Pipeline Refined Products Pipeline Major pipeline systems in California Ownership…
FINANCIAL RESULTS FROM OPERATIONS Shell Midstream Partners Pro Forma IPO Forecast Three Months Ended Three Months Ended MM December 31, 2014 December 31, 2014 Revenue (Zydeco only) 55.6 52.0 Cost and Expenses (Zydeco only)…
NON-GAAP FINANCIAL METRICS Shell Midstream Partners November 3, 2014 Attributable to Shell Midstream Partners (MM) December 31, 2014 Adjusted EBITDA 17.0 Less: Net Interest Paid 0.6 Zydeco Maintenance Capital Attributable to…
BALANCE SHEET Shell Midstream Partners MM As of December 31, 2014 Cash and Cash Equivalents 150 Total Debt 0 Revolving Credit Facility Availability 300 Copyright of Shell Midstream Partners, L.P. Date, Year 8
QUESTION & ANSWERS Shell Midstream Partners For further questions, please contact Courtney L. Mason +1 713 241 1513 Courtney.MasonShell.com Copyright of Shell Midstream Partners, L.P. Date, Year 9