Overview of Gavilon Acquisition

Size: px
Start display at page:

Download "Overview of Gavilon Acquisition"

Transcription

1 Overview of Gavilon Acquisition

2 Forward Looking Statements This presentation includes forward looking statements within the meaning of federal securities laws. All statements, other than statements of historical fact, included in this presentation are forward looking statements, including statements regarding the Partnership s future results of operations or ability to generate income or cash flow, make acquisitions, or make distributions to unitholders. Words such as anticipate, project, expect, plan, goal, forecast, intend, could, believe, may, "will" and similar expressions and statements are intended to identify forward-looking statements. Although management believes that the expectations on which such forward-looking statements are based are reasonable, neither the Partnership nor its general partner can give assurances that such expectations will prove to be correct. Forward looking statements rely on assumptions concerning future events and are subject to a number of uncertainties, factors and risks, many of which are outside of management s ability to control or predict. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, the Partnership s actual results may vary materially from those anticipated, estimated, projected or expected. Additional information concerning these and other factors that could impact the Partnership can be found in Part I, Item 1A, Risk Factors of the Partnership s Annual Report on Form 10-K for the year ended March 31, 2013 and in the other reports it files from time to time with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on any forward-looking statements contained in this presentation, which reflect management s opinions only as of the date hereof. Except as required by law, the Partnership undertakes no obligation to revise or publicly update any forward-looking statement. 2

3 Senior Management Representatives H. Michael Krimbill Chief Executive Officer NGL James J. Burke Chief Executive Officer High Sierra David C. Kehoe Chief Operating Officer Atanas H. Atanasov Chief Financial Officer 3

4 Overview of Gavilon Acquisition NGL has agreed to acquire Gavilon, LLC ("Gavilon"), the diversified midstream energy business owned by funds managed by Ospraie Management, General Atlantic and Soros Fund Management Summary Gavilon is principally comprised of crude oil storage, terminal and pipeline assets, along with crude oil and refined products marketing, supply and logistics businesses Gavilon is the energy business retained by the sellers of Gavilon Holdings, LLC subsequent to the sale of its agriculture business Financial Terms Purchase price of $890 million in cash Purchase price represents 7.5x 2014E run-rate EBITDA Purchase price includes ~$200 million of working capital NGL has increased its credit facility by $621 million to $1.671 billion NGL has raised $240 million (8.1 million units) in a PIPE with a group of institutional investors Financing Sources for Acquisition 1 Credit Facility Borrowings $650 Equity Issued in PIPE 240 Total Sources $890 Uses 1 Purchase Price for Gavilon $890 Total Uses $890 NGL intends to retain Gavilon's personnel Other Terms NGL will adopt Gavilon's transition services agreement, which extends through 12/31/14 Customary closing conditions, including clearance of Hart-Scott-Rodino Acquisition is expected to close before the end of the year Note (1) Excludes transaction fees & expenses. Dollars in millions. Purchase price subject to working capital adjustments at the time of closing. 4

5 Acquisition is a Continuation of NGL's Rapid and Successful Growth Since NGL's IPO in May 2011, NGL has consumated and integrated 26 acquisitions totaling ~$2 billion (~$2.9 billion including Gavilon) The acquisition of Gavilon is transformative and a highly complementary transaction for NGL The combination is expected to be immediately accretive to NGL's DCF/LP unit and to enhance the future growth and success of NGL NGL has delivered a total return of 68% since IPO Key Growth Metrics and Performance Adjusted EBITDA ($mm) Excludes Gavilon $178 $211 $305 Excludes Gavilon $ $ $ $ $ Distribution Per Unit ($) $ $ $ $ $ $ Enterprise Value ($mm) $3,909 $3,019 $890 $769 $769 $24 $319 $2,250 $2,250 IPO (May 2011) 2013 (3/31/13) LTM (6/30/13) FYE 3/31/14 Run-rate(1) MQD at 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 IPO (2) IPO (May 2011) 6/30 Pro Forma(3) Pro Forma Gavilon Equity Net Debt Gavilon Transaction Note: Market data as of November 1, 2013 (1) Includes incremental EBITDA contribution from acquisitions completed post 6/30/2013 (2) Pro rated for a full quarter (3) Pro forma 6/30/13 debt reflects adjustments for equity transactions on 7/9/13 and 9/20/13, high yield transaction on 10/10/13, and acquisitions made to date (not including the Gavilon acquisition) 5

6 Gavilon Transaction Merits Integrated Platform with Attractive Growth Profile Immediate Accretion and Attractive Valuation Complementary Assets that Enhance NGL's Scale / Diversity Cash Flow Stability Expanded Talent Base Exceptional crude oil platform with integrated storage, terminal and pipeline assets Complementary supply, marketing and logistics ("SM&L") businesses in crude oil and refined products Platform provides NGL with an attractive portfolio of organic growth opportunities ~$65 million of organic growth capex in associated with buildout of pipeline and storage assets Expected to be immediately accretive to NGL's distributable cash flow per LP unit Purchase price represents 7.5x 2014E run-rate EBITDA Similarity of business lines will create synergistic value, while also providing NGL with fee-based infrastructure assets NGL owns rail cars, trucks and barges while Gavilon currently leases such assets Combining of the two companies provides organic growth and reduced operational risk Assets are strategically located and highly complementary with NGL's operations Gavilon's operational footprint spans across numerous prolific, liquids-focused basins Bakken, Niobrara, Anadarko, Permian, Eagle Ford, Granite Wash and Mississippi Lime Pipeline and storage assets generate substantial fee-based cash flows that grow over time Maintenance capex is <5% of EBITDA as assets are newly constructed Relatively stable SM&L margin-based business focusing on long-term relationships with credit-worthy customers NGL intends to retain Gavilon's personnel 6

7 Gavilon Adds Scale, Diversity and Hard Assets Crude Oil Platform Hard Assets Illustrative Asset Contribution 50% interest in Glass Mountain Pipeline ("GMP") 210-mile pipeline with ~147 MMbbls/d capacity Pipeline has expansion capacity to 175 MMbbls/d 440 MMbbls of intermediate storage capacity 7.99 MMbbls of storage in Cushing 4.14 MMbbls owned / 3.85 MMbbls leased Expansion capacity exists for incremental 3.0 MMbbls 3 Gulf Coast terminals with aggregate capacity of 650 Mbbls Newly constructed or pending construction 9 truck terminals including 22+ LACT units Two 10-bay truck terminal associated with GMP Crude Pipelines, Terminals & Storage Fuels Crude Oil Marketing & Supply Crude Oil Platform Supply, Marketing and Logistics Fuels Gathering and Transportation Markets and Supply Leases a network of over ~200 trucks, 350 railcars and 8 barges to transport crude oil for customers Fixed margin and fixed fee contracts Fee/margin based on distance, mode and volume transported Provides a fully-integrated marketing and supply solution to its producer and refinery customers National scale of over 300 distribution terminals across 39 states Markets and supplies refined products Primarily gasoline and diesel Sells wholesale NGLs, primarily propane Blends, markets and supplies ethanol and biodiesel Natural Gas Buys natural gas from producers and markets directly to wholesale buyers 7

8 Integrated, Customer-Focused Midstream Platform Glass Mountain Pipeline 8.1 Bcf and 25 MMcf/d leased storage and transportation capacity Gavilon Customers Pipeline Natural Gas Pipeline Transportation Natural Gas Pipeline Transportation Gavilon Customers Natural Gas Processing & Fractionation Electricity Generation & Power Plants Truck Propane marketing and supply Natural Gas Storage Gavilon Customers Jet Fuel Gasoline Crude Oil & Natural Gas Producers Rail Crude Oil Transportation Crude Oil Storage, Blending and Terminal Operations Crude Oil Transportation Refiners Refined Products Storage & Terminaling Distillate Fuel Oil Barge Cushing, Seadrift, and proposed Gulf Coast Terminals Refined products and renewables marketing and supply Other 9 truck terminals and 22+ LACT units; leased truck, railcar and barge fleets Gavilon Customers 8

9 Strategically Located and Complementary Operations Gavilon's assets are located in key U.S. transportation and marketing centers Legend Truck Terminal 4 Seadrift Terminal Truck/Marine Terminal Storage Hub and Terminal Multi-mode Terminal Glass Mountain Pipeline Shale Plays Used by Gavilon for loading Texas crude oil supply and transporting to higher value markets along the Gulf Coast Capacity of 20,000 bbls/d before expansion 1 Cushing Terminal 4.14 MMbbls of owned and 3.85 MMbbls of leased shell capacity at Cushing Connections to all major pipelines and downstream customers 5 Proposed Terminal 1 Crude oil rail terminal in the heart of the southeast refining corridor connecting Bakken, Niobrara and Canadian supply to refining demand via rail 2 Glass Mountain Pipeline mile crude oil pipeline with initial capacity of ~147 MMbbls/d 3 Truck Terminals 9 truck terminals including 22+ LACT units and ~200 leased crude oil trucks, 350 leased crude oil railcars and 8 leased barges Proposed Terminal 2 Connects truck, rail, pipeline and barge distribution networks for the import and export of crude oil 9

10 Cushing Terminal and Glass Mountain Pipeline Cushing Terminal Overview Cushing Terminal Connection Matrix 7.99 MMbbls of storage capacity (1) 200 acres with expansion capability of 3.0 MMbls of additional storage 8-bay Truck Terminal Transformation from storage terminal into high throughput gathering and blending hub Multiple inbound / outbound connections Fixed-fee contracts with variable service fees providing upside for blending GMP Overview (50% Interest) 210-mile pipeline ~147 MMbbls/d pipeline with Mississippi Lime and Granite Wash producers Expandable to 175 MMbbls/d Volumes expected to grow over next 5 years Stable fee-based cash flow Transportation and truck unloading fee income Customers Glass Mountain Pipeline Cushing Terminal (Storage capacity, MMbbls) GMP 1.0 Blending Agreement 1.5 GMP Shipper / Merchant 1.6 Total: 4.14 MMbbls NYMEX Delivery Point Mid-Continent Refineries Seaway Pipeline Pending New Cushing Connection Under Construction 2 Bidirectional Pipelines To Gulf Coast Refineries Note: (1) Includes 4.0 MMbbls of leased capacity 10

11 Crude Oil Supply Marketing & Logistics SM&L gross margin growth will be primarily driven by growth in blending and transport; marketing expected to remain flat Marketing and Supply Gathering and Transportation Overview Fully integrated marketing and supply solution to producer and refiner customers Purchase crude oil at the lease from producers and use fleet of trucks, railcars, barges and pipelines for transport Provide crude oil to refiners, upgrading different grades and creating blends optimized for each customer Pick up, transport and deliver crude oil between specified origin(s) and destination(s) or arrange storage as needed Earnings Model Margin-based Average customer has been active for most of the SM&L group's 3- year history Stable and moderate working capital needs 10 year blending agreement with producer Fee-based Fixed, margin-based income, economically equivalent to a fee 1 year to 5 year contracts with 3 rd parties 11

12 Fuels Overview Gavilon's Distribution Terminals Refined Products Renewables Marketing and supply of gasoline and diesel (94 Mbbls/d moved) Access to over 230 fuels distribution terminals Marketing and supply of ethanol and biodiesel (9 Mbbls/d moved) Includes blending of ethanol and biodiesel with refined products US. Fuels Movement NGLs Wholesale marketing of propane (12 Mbbls/d moved) Purchase in bulk and sell to wholesale customers for industrial, commercial, residential or agricultural applications Access to over 80 NGL terminals Note: LTM as of 06/30/

13 Purchase Price is Fully Funded Acquisition is fully funded through credit facility borrowings and a private placement of common units Pro forma credit profile remains within NGL's target leverage range No additional equity is required to finance this acquisition Acquisition bolsters NGL's distribution coverage and future growth; target distribution growth of 10% - 12% annually with total distribution coverage of 1.5x Summary PIPE Terms 8.1 million primary common units Offering price of $29.59 Total gross proceeds of $240 million Common units to be issued concurrent with acquisition closing Will file resale shelf registration statement within 90 days following closing Credit Facility Increase Increased total capacity from $1.05 billion to $1.671 billion Working capital line increased from $325 million to $885.5 million of capacity Acquisition line increased from $725 million to $785.5 million of capacity Extended maturity to 11/5/2018 Standard piggyback rights No demand rights 13

14 Key Takeaways The Gavilon transaction is a transformative acquisition that results in immediate accretion at an attractive multiple Gavilon provides NGL an exceptional crude oil platform with integrated storage and pipeline assets, and complementary supply, marketing and logistics businesses in crude oil and refined products The acquisition is fully financed and no additional equity is required for the purchase / integration of Gavilon NGL continues to be a compelling investment opportunity with attractive combination of yield and growth Targeted distribution growth of 10% - 12% annually 52% distribution per unit increase since IPO NGL total return 68% since IPO vs. 42% for Alerian index over the same period Target strategic acquisitions that are accretive and have future growth prospects Focus on Crude Oil Logistics and Water Treatment Services Completed ~$2.9 billion of acquisitions since IPO (including pending Gavilon transaction) Multiple growth platforms that provide acquisition and organic growth opportunities Diverse geographic and operational footprint reduces risk Experienced, highly regarded management team 14

THIRD QUARTER 2015 RESULTS Earnings Conference Call - November 6, 2015

THIRD QUARTER 2015 RESULTS Earnings Conference Call - November 6, 2015 THIRD QUARTER 2015 RESULTS Earnings Conference Call - November 6, 2015 Forward-looking Information Certain matters contained in this presentation include "forward-looking statements" within the meaning

More information

Tres Palacios Natural Gas Storage Acquisition Overview. September 7, 2010

Tres Palacios Natural Gas Storage Acquisition Overview. September 7, 2010 Tres Palacios Natural Gas Storage Acquisition Overview September 7, 2010 Forward Looking Statements NYSE: NRGY, NRGP Cautionary Statement Regarding Forward-Looking Statements This communication contains

More information

Investment Community Presentation. May 2016

Investment Community Presentation. May 2016 Investment Community Presentation May 2016 Forward Looking Statements This presentation includes forward-looking statements, which are statements that frequently use words such as "anticipate," "believe,

More information

CONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016

CONE Midstream Partners LP. 1Q 2016 Earnings May 5, 2016 CONE Midstream Partners LP 1Q 2016 Earnings May 5, 2016 Disclaimer Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. Statements

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP NAPTP 2015 MLP Investor Conference May 20, 2015 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking

More information

Memorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance

Memorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance August 5, 2015 Memorial Production Partners LP Announces Second Quarter 2015 Results, Cash Distribution Update, Updated Hedges and Updated 2015 Guidance HOUSTON, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Memorial

More information

J.P. Morgan Energy Conference

J.P. Morgan Energy Conference J.P. Morgan Energy Conference June 27, 2016 Don Marchand, Executive Vice President, Corporate Development and Chief Financial Officer Forward Looking Information and Non-GAAP Measures This presentation

More information

MEMP 2016 Guidance. Supplemental Materials. January 27, 2016 www.memorialpp.com

MEMP 2016 Guidance. Supplemental Materials. January 27, 2016 www.memorialpp.com MEMP 2016 Guidance Supplemental Materials January 27, 2016 www.memorialpp.com Forward-Looking & Other Cautionary Statements This presentation and the oral statements made in connection therewith contain

More information

SOUTHWESTERN ENERGY HIGHLIGHTS STRATEGIC INITIATIVES AND PLANS FOR 2016

SOUTHWESTERN ENERGY HIGHLIGHTS STRATEGIC INITIATIVES AND PLANS FOR 2016 NEWS RELEASE SOUTHWESTERN ENERGY HIGHLIGHTS STRATEGIC INITIATIVES AND PLANS FOR 2016 Houston, Texas February 25, 2016... Southwestern Energy Company (NYSE: SWN) today provided an update on its strategic

More information

A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE

A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE SemGroup Corporation is a publicly held company that moves energy through a network of pipelines, terminals and storage tanks. Each step we

More information

Inter Pipeline Fund Announces Strong Third Quarter 2009 Results

Inter Pipeline Fund Announces Strong Third Quarter 2009 Results News Release Inter Pipeline Fund Announces Strong Third Quarter 2009 Results CALGARY, ALBERTA, NOVEMBER 5, 2009: Inter Pipeline Fund ( Inter Pipeline ) (TSX: IPL.UN) announced today its financial and operating

More information

Master Limited Partnerships

Master Limited Partnerships Master Limited Partnerships Michael S. Richards DCP Midstream Partners, LP Vice President, General Counsel & Secretary April 11, 2008 Date February 8, 2006 DCP Midstream Partners, LP and Sponsors Spectra

More information

Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015

Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015 Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015 Forward-Looking Statements You should review this slide presentation in conjunction with the second quarter 2015

More information

Better Investing Annual Conference Houston, TX

Better Investing Annual Conference Houston, TX Better Investing Annual Conference Houston, TX September 13, 2012 NYSE: VNR Forward-Looking Statements Statements made by representatives of Vanguard Natural Resources, LLC during the course of this presentation

More information

TD Securities Calgary Energy Conference July 2014

TD Securities Calgary Energy Conference July 2014 TD Securities Calgary Energy Conference July 2014 Forward-Looking Statements Certain statements, estimates and financial information contained in this presentation ("Estimates") constitute forwardlooking

More information

STRATEGIC CONSULTING AND INDUSTRY ADVISORY SERVICES Merger and Acquisition Support

STRATEGIC CONSULTING AND INDUSTRY ADVISORY SERVICES Merger and Acquisition Support Baker & O Brien s due diligence experts often work closely with and advise financial teams on a wide range of technical and economic issues that impact the hydrocarbon processing industries. Our consultants

More information

2015 Second Quarter Results Conference Call July 29, 2015. Welcome to the 2015 Second Quarter Conference Call for Genesis Energy.

2015 Second Quarter Results Conference Call July 29, 2015. Welcome to the 2015 Second Quarter Conference Call for Genesis Energy. 2015 Second Quarter Results Conference Call July 29, 2015 Notice: This transcript contains references to non-gaap financial measures. A presentation of the most directly comparable GAAP measures and reconciliations

More information

Second Quarter 2015 Earnings Presentation

Second Quarter 2015 Earnings Presentation Second Quarter 2015 Earnings Presentation July 30, 2015 Forward Looking Statement This presentation includes forward-looking statements, which are statements that frequently use words such as "anticipate,"

More information

2007 Citi Power, Gas & Utilities Conference

2007 Citi Power, Gas & Utilities Conference 007 Citi Power, Gas & Utilities Conference June 8, 007 Forward Looking Statements This presentation contains forward looking statements, including these, within the meaning of Section 7A of the Securities

More information

Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers

Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers Crestwood s Finger Lakes NGL Storage Facility "The Solution" Crestwood Midstream Facilities Overview Gathering & Processing Gas

More information

Driving Distinctive Growth UBS MLP One-on-One Conference January 2016

Driving Distinctive Growth UBS MLP One-on-One Conference January 2016 Driving Distinctive Growth UBS MLP One-on-One Conference January 2016 2015 Tesoro Corporation. All Rights Reserved. Forward Looking Statements This Presentation includes forward-looking statements within

More information

2015 Fourth Quarter Results Conference Call February 18, 2016. Welcome to the 2015 Fourth Quarter Conference Call for Genesis Energy.

2015 Fourth Quarter Results Conference Call February 18, 2016. Welcome to the 2015 Fourth Quarter Conference Call for Genesis Energy. 2015 Fourth Quarter Results Conference Call February 18, 2016 Notice: This transcript contains references to non-gaap financial measures. A presentation of the most directly comparable GAAP measures and

More information

First Quarter 2015. EnergyIQ. Summary of Energy Industry M&A and Capital Markets Activity. AmherstPartners.com

First Quarter 2015. EnergyIQ. Summary of Energy Industry M&A and Capital Markets Activity. AmherstPartners.com First Quarter 2015 EnergyIQ Summary of Energy Industry M&A and Capital Markets Activity Recent Deal Activity 1Q 2015 January 12, 2015 Dallas, Texas-based EnLink Midstream Partners, LP (NYSE:ENLK) signed

More information

Range Resources Announces Merger With Memorial Resource Development. Conference Call Slides

Range Resources Announces Merger With Memorial Resource Development. Conference Call Slides Range Resources Announces Merger With Memorial Resource Development Conference Call Slides December May 16, 2016 22, 2011 1 Highlights of Merger Core acreage positions in two of the most prolific highquality

More information

Coyote Logistics Acquisition July 31, 2015

Coyote Logistics Acquisition July 31, 2015 Coyote Logistics Acquisition July 31, 2015 1 Safe Harbor Cautionary Statement About Forward-Looking Statements This presentation contains forward-looking statements regarding our intent, belief and current

More information

Power Matters. Acquisition of PMC. October 19, 2015

Power Matters. Acquisition of PMC. October 19, 2015 Power Matters Acquisition of PMC October 19, 2015 Disclaimer Cautionary Note Concerning Forward-Looking Statements Statements in this presentation regarding Microsemi s offer to acquire PMC-Sierra Inc.

More information

For Immediate Release. Superior Plus Corp. to Acquire Canexus Corporation Enhancing and Expanding the Specialty Chemicals Platform

For Immediate Release. Superior Plus Corp. to Acquire Canexus Corporation Enhancing and Expanding the Specialty Chemicals Platform NEWS TSX: SPB Toronto, October 6, 2015 For Immediate Release Superior Plus Corp. to Acquire Canexus Corporation Enhancing and Expanding the Specialty Chemicals Platform Strong alignment with Superior s

More information

Transamerica MLP & Energy Income

Transamerica MLP & Energy Income Alternative Investments Transamerica MLP & Energy Income A comprehensive approach to infrastructure investing Portfolio managed by Kayne Anderson Capital Advisors, L.P. Transamerica Funds are advised by

More information

Crude Pipeline & Rail Infrastructure Overview. Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013

Crude Pipeline & Rail Infrastructure Overview. Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013 Crude Pipeline & Rail Infrastructure Overview Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013 Agenda» New Crude Production» Pipeline Projects» Rail Developments»

More information

4Q and FYE 2014 Results Conference Call

4Q and FYE 2014 Results Conference Call A global environmental technology company focused on air pollution control, energy, fluid handling and filtration industries 4Q and FYE 2014 Results Conference Call March 5, 2015 1 Safe Harbor Statement

More information

Financial strategy supports business plan

Financial strategy supports business plan Financial strategy supports business plan Ivor Ruste Executive Vice-President & Chief Financial Officer Investor Day Calgary December 7, 2011 Financial strategy supports business plan Support long-term

More information

Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development

Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development Terminal Perspective: Watco Shale Opportunities CASE

More information

Cogeco Cable s Acquisition of Atlantic Broadband: Attractive Entry Point into the U.S. Market JULY 18, 2012

Cogeco Cable s Acquisition of Atlantic Broadband: Attractive Entry Point into the U.S. Market JULY 18, 2012 Cogeco Cable s Acquisition of Atlantic Broadband: Attractive Entry Point into the U.S. Market JULY 18, 2012 Forward Looking Statements Certain statements in this presentation may constitute forward-looking

More information

North America s Source for Equipment Finance

North America s Source for Equipment Finance North America s Source for Equipment Finance Certain information in this presentation is forward-looking and related to anticipated financial performance, events and strategies. When used in this context,

More information

KELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS

KELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS PRESS RELEASE (Stock Symbol KEL TSX) June 15, 2015 Calgary, Alberta KELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS

More information

Advance Auto Parts To Acquire General Parts International Creates Largest Automotive Aftermarket Parts Provider in North America

Advance Auto Parts To Acquire General Parts International Creates Largest Automotive Aftermarket Parts Provider in North America Advance Auto Parts To Acquire General Parts International Creates Largest Automotive Aftermarket Parts Provider in North America Investor/Analyst Conference Call October 16, 2013 Forward Looking Information

More information

SWIFT ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS

SWIFT ENERGY ANNOUNCES FIRST QUARTER 2015 RESULTS 17001 NORTHCHASE DR., SUITE 100, HOUSTON, TEXAS 77060 SWIFT ENERGY COMPANY COMPANY CONTACT: Doug Atkinson Manager Investor Relations (281) 874-2700, (800) 777-2412 FOR IMMEDIATE RELEASE SWIFT ENERGY ANNOUNCES

More information

Enbridge Income Fund Holdings Inc. Announces Second Quarter Results; Declares Monthly Dividend

Enbridge Income Fund Holdings Inc. Announces Second Quarter Results; Declares Monthly Dividend NEWS RELEASE Enbridge Income Fund Holdings Inc. Announces Second Quarter Results; Declares Monthly Dividend HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars) Earnings for the second

More information

Q1 2012 Earnings Presentation

Q1 2012 Earnings Presentation Q1 2012 Earnings Presentation Three Months Ended March 31, 2012 May 15, 2012 Forward Looking Statements Any statements in this presentation that are not historical or current facts are forward-looking

More information

Second Quarter 2015 Investor Conference Call

Second Quarter 2015 Investor Conference Call Second Quarter 2015 Investor Conference Call August 20, 2015 December 13, 2012 DRAFT 5 Safe Harbor Basis of Presentation Unless otherwise noted or unless the context otherwise requires, all references

More information

PRESS RELEASE. November 12, 2013

PRESS RELEASE. November 12, 2013 PRESS RELEASE November 12, 2013 TORC OIL & GAS LTD. ANNOUNCES THIRD QUARTER 2013 FINANCIAL & OPERATIONAL RESULTS, SUCCESSFUL TRANSITION TO SUSTAINABLE DIVIDEND PLUS GROWTH COMPANY AND INCREASE TO 2013

More information

Enbridge Energy Partners, L.P. Benefits From Equity Restructuring

Enbridge Energy Partners, L.P. Benefits From Equity Restructuring NEWS RELEASE Enbridge Energy Partners, L.P. Benefits From Equity Restructuring Houston; Calgary, Alberta (June 18, 2014) Enbridge Energy Partners, L.P. (NYSE: EEP) (the Partnership ) and Enbridge Inc.

More information

Acquisition of Roofing Supply Group. Strategic combination of two leading roofing distributors

Acquisition of Roofing Supply Group. Strategic combination of two leading roofing distributors Acquisition of Roofing Supply Group Strategic combination of two leading roofing distributors July 27, 2015 Disclaimer Before we begin, I would like to remind you that during the course of this conference

More information

Charting Your Course for Midstream Solutions. Bernie Thomas. Co-Founder and Vice President, Commercial

Charting Your Course for Midstream Solutions. Bernie Thomas. Co-Founder and Vice President, Commercial Charting Your Course for Midstream Solutions Bernie Thomas Co-Founder and Vice President, Commercial Permian Congress Houston, Texas July 29 & 30, 2015 AGENDA Who is Navigator? Why the Permian Basin? Where

More information

COMPANY UPDATE FIRST QUARTER 2016 RESULTS

COMPANY UPDATE FIRST QUARTER 2016 RESULTS COMPANY UPDATE FIRST QUARTER 2016 RESULTS ROYAL DUTCH SHELL 4 MAY 2016 Copyright of Royal Dutch Shell plc May 4, 2016 1 SIMON HENRY CHIEF FINANCIAL OFFICER ROYAL DUTCH SHELL PLC 2 DEFINITIONS & CAUTIONARY

More information

Acquisition of Canexus Creating significant value for shareholders

Acquisition of Canexus Creating significant value for shareholders Acquisition of Canexus Creating significant value for shareholders October 6, 2015 Forward Looking Statements and Non GAAP Financial Measures A preliminary short form prospectus containing important information

More information

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013 Media: Analysts: Caitlin Currie (713) 627-5353 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 3, 2013 Spectra Energy Reports First Quarter 2013 Results Reported net income

More information

Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma

Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma Trisha Curtis, Research Analyst Energy Policy Research Foundation, Inc. (EPRINC) CERI Oil Conference 2012 April 23 rd, 2012

More information

Enbridge Income Fund Holdings Inc. Reports Strong First Quarter Results; Declares Monthly Dividend

Enbridge Income Fund Holdings Inc. Reports Strong First Quarter Results; Declares Monthly Dividend NEWS RELEASE Enbridge Income Fund Holdings Inc. Reports Strong First Quarter Results; Declares Monthly Dividend HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise

More information

Midwest Investment Conference

Midwest Investment Conference June 22 2016 Midwest Investment Conference Lee D. Rudow President and CEO Michael J. Tschiderer Chief Financial Officer 1 Safe Harbor Statement This presentation contains forward looking statements within

More information

Sinopec Corp. Announces FY2010 Interim Results

Sinopec Corp. Announces FY2010 Interim Results Sinopec Corp. Announces FY2010 Interim Results Beijing, People s Republic of China (PRC) 22 August, 2010 China Petroleum & Chemical Corporation ( Sinopec Corp. or the Company ) (CH: 600028; HKEX: 386;

More information

Join Together With Demand:

Join Together With Demand: A RBN Energy Drill Down Report Copyright 2015 RBN Energy Join Together With Demand: The Who and How of Marcellus/Utica Midstream MarkWest Processing and Fractionation Plants 1. Introduction RBN Pipeline

More information

Brookfield financial Review q2 2010

Brookfield financial Review q2 2010 Brookfield financial Review q2 2010 Overview Operating cash flow and gains totalled $327 million in the second quarter or $0.53 per share compared to $294 million in the prior year. This brings operating

More information

Goldman Sachs Leveraged Finance Aircraft Leasing Conference. December 6, 2012

Goldman Sachs Leveraged Finance Aircraft Leasing Conference. December 6, 2012 Goldman Sachs Leveraged Finance Aircraft Leasing Conference December 6, 2012 Forward-Looking Statements Certain items in this presentation and other information we provide from time to time, may constitute

More information

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator U.S. Energy Outlook May 21, 214 New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov The U.S. has experienced a rapid increase

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December

More information

Master Limited Partnerships (MLPs):

Master Limited Partnerships (MLPs): Master Limited Partnerships (MLPs): Frequently Asked Questions Yorkville Capital Management LLC www.yorkvillecapital.com 950 Third Avenue, 23 rd Floor New York, NY 10022 (212) 755-1970 Table of Contents

More information

Midwest Association of Rail Shippers. Rail and the Energy Sector January 24, 2013 www.dakotaplains.com

Midwest Association of Rail Shippers. Rail and the Energy Sector January 24, 2013 www.dakotaplains.com Midwest Association of Rail Shippers Rail and the Energy Sector January 24, 2013 www.dakotaplains.com Forward Looking Statements Statements made by representatives of Dakota Plains Holdings, Inc. ( Dakota

More information

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future Updated Supply Demand Outlook Background Executive Summary June 28, 2011 Sufficient midstream natural gas infrastructure,

More information

Spectra Energy Reports First Quarter 2012 Results

Spectra Energy Reports First Quarter 2012 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 4, 2012 Spectra Energy Reports First Quarter 2012 Results Reported net income from

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 8-K/A. Vanguard Natural Resources, LLC (Exact name of registrant as specified in its charter)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 8-K/A. Vanguard Natural Resources, LLC (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest

More information

CIBC Grows Asset Management Business with Investment in American Century Investments. July 15, 2011

CIBC Grows Asset Management Business with Investment in American Century Investments. July 15, 2011 CIBC Grows Asset Management Business with Investment in American Century Investments July 15, 2011 A Note about Forward-Looking Statements From time to time, we make written or oral forward-looking statements

More information

SUNOCO LOGISTICS PARTNERS L.P.

SUNOCO LOGISTICS PARTNERS L.P. (Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K OR ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year

More information

We do what we say we will do.

We do what we say we will do. We do what we say we will do. Investor Presentation November 2012 1 Forward-Looking Statements Certain statements in this document are forward-looking statements, which reflect management s current beliefs

More information

For Immediate Release: January 30, 2014. Occidental Petroleum Announces 4 th Quarter and Twelve Months of 2013 Net Income

For Immediate Release: January 30, 2014. Occidental Petroleum Announces 4 th Quarter and Twelve Months of 2013 Net Income For Immediate Release: January 30, 2014 Occidental Petroleum Announces 4 th Quarter and Twelve Months of 2013 Net Income Q4 2013 core income of $1.4 billion, or $1.72 per diluted share Q4 2013 net income

More information

BULLETIN # 128 April 23 2013. Parkland Fuel Corporation PKI-TSX; PKIUF-OTC

BULLETIN # 128 April 23 2013. Parkland Fuel Corporation PKI-TSX; PKIUF-OTC BULLETIN # 128 April 23 2013 Parkland Fuel Corporation PKI-TSX; PKIUF-OTC Parkland is the largest independent marketer and distributor of refined fuels in Canada. They are simply the middle man between

More information

Copano Energy Reports Fourth Quarter and Year End 2010 Results

Copano Energy Reports Fourth Quarter and Year End 2010 Results Copano Energy Reports Fourth Quarter and Year End 2010 Results Total Distributable Cash Flow Increases 5% Over Third Quarter HOUSTON, Feb. 24, 2011 /PRNewswire via COMTEX/ -- Copano Energy, L.L.C. (Nasdaq:

More information

A N A LYST PRESENTAT I O N F E B R U A R Y 1 6, 2 0 1 6. elementcorp.com 1

A N A LYST PRESENTAT I O N F E B R U A R Y 1 6, 2 0 1 6. elementcorp.com 1 A N A LYST PRESENTAT I O N F E B R U A R Y 1 6, 2 0 1 6 elementcorp.com 1 Certain information in this presentation is forward-looking and related to anticipated financial performance, events and strategies.

More information

First Quarter 2014 Earnings Conference Call and Webcast. May 1, 2014

First Quarter 2014 Earnings Conference Call and Webcast. May 1, 2014 First 2014 Earnings Conference Call and Webcast May 1, 2014 1 MPLX Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These

More information

Spectra Energy Reports Fourth Quarter and Year-End 2011 Results

Spectra Energy Reports Fourth Quarter and Year-End 2011 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: February 2, 2012 Spectra Energy Reports Fourth Quarter and Year-End 2011 Results Company

More information

Rail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com

Rail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com Rail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com Forward Looking Statements Statements made by representatives of Dakota Plains Holdings,

More information

Waste Management Announces Fourth Quarter and Full Year 2007 Earnings. Increases Earnings per Diluted Share by 32.6% in Fourth Quarter of 2007

Waste Management Announces Fourth Quarter and Full Year 2007 Earnings. Increases Earnings per Diluted Share by 32.6% in Fourth Quarter of 2007 For Further Information: Waste Management, Inc. Analysts: Greg Nikkel - 713.265.1358 Media: Lynn Brown - 713.394.5093 Web site: http://www.wm.com Waste Management Announces Fourth Quarter and Full Year

More information

SECOND QUARTER 2014 EARNINGS CONFERENCE CALL SPEAKER NOTES. Tuesday, August 12, 8:00 a.m. Central Time

SECOND QUARTER 2014 EARNINGS CONFERENCE CALL SPEAKER NOTES. Tuesday, August 12, 8:00 a.m. Central Time SECOND QUARTER 2014 EARNINGS CONFERENCE CALL SPEAKER NOTES Tuesday, August 12, 8:00 a.m. Central Time Randy Palmer (Director of Investor Relations) Thank you, Operator. Good morning and thank you for joining

More information

Natural Gas Markets Update for the Ethanol Industry. Identifying Market Fundamentals and Managing Price Risk

Natural Gas Markets Update for the Ethanol Industry. Identifying Market Fundamentals and Managing Price Risk Natural Gas Markets Update for the Ethanol Industry Identifying Market Fundamentals and Managing Price Risk Presentation Outline Natural Gas Market Update Demand Issues Supply Issues Implications for Ethanol

More information

OUTLOOK 2012. Lisbon, 6 March 2008. Manuel Ferreira De Oliveira, CEO

OUTLOOK 2012. Lisbon, 6 March 2008. Manuel Ferreira De Oliveira, CEO OUTLOOK 2012 Lisbon, 6 March 2008 Manuel Ferreira De Oliveira, CEO DISCLAIMER Matters discussed in this presentation may constitute forward-looking statements. Forward-looking statements are statements

More information

is critical to our strategy for growing Valero s earnings per share while also returning excess cash to stockholders.

is critical to our strategy for growing Valero s earnings per share while also returning excess cash to stockholders. Valero Energy Reports First Quarter 2016 Results Reported adjusted earnings of $283 million, or $0.60 per share, for the first quarter, which excludes a net after tax benefit of $212 million, or $0.45

More information

Investor Presentation Richard Robert, EVP & CFO. September 9, 2015

Investor Presentation Richard Robert, EVP & CFO. September 9, 2015 Investor Presentation Richard Robert, EVP & CFO September 9, 2015 Forward Looking Statements Statements made by representatives of Vanguard Natural Resources, LLC during the course of this presentation

More information

Battle for Henry Hub

Battle for Henry Hub Copyright 2014 RBN Energy and BTU Analytics Battle for Henry Hub Natural Gas Oversupply - Ominous Implications for Henry Hub Pricing Figure 1 - The Battle An onslaught of surplus natural gas supply is

More information

TARGA RESOURCES PARTNERS LP

TARGA RESOURCES PARTNERS LP TARGA RESOURCES PARTNERS LP FORM 10-K (Annual Report) Filed 02/29/16 for the Period Ending 12/31/15 Address 1000 LOUISIANA SUITE 4300 HOUSTON, TX 77002 Telephone (713)584-1000 CIK 0001379661 Symbol NGLS.A

More information

2015 LETTER TO INVESTORS

2015 LETTER TO INVESTORS 2015 LETTER TO INVESTORS LPG EXPORT TERMINAL PARTNERSHIP PROFILE Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream

More information

Third Quarter 2015 Swift Energy Company November 5, 2015

Third Quarter 2015 Swift Energy Company November 5, 2015 Third Quarter 2015 Swift Energy Company November 5, 2015 Forward Looking Statements The material included herein which is not historical fact constitutes forward-looking statements within the meaning of

More information

Brenntag AG Analyst Round Table 2014

Brenntag AG Analyst Round Table 2014 Brenntag AG Analyst Round Table 2014 London November 5, 2014 AGENDA Update on Brenntag Europe and ONE Brenntag initiative Karsten Beckmann, CEO Brenntag Europe Update on Brenntag North America and Oil&Gas

More information

NEWS RELEASE. - Page 1 -

NEWS RELEASE. - Page 1 - NEWS RELEASE SOUTHWESTERN ENERGY ANNOUNCES SECOND QUARTER 2016 RESULTS, IMPROVED GUIDANCE, OUTCOMES OF FINANCIAL STRENGTHENING EFFORTS AND RESUMPTION OF DRILLING AND COMPLETION ACTIVITY Houston, Texas

More information

We do what we say we will do.

We do what we say we will do. We do what we say we will do. Investor Presentation March 2013 1 Forward-Looking Statements Certain statements in this document are forward-looking statements, which reflect management s current beliefs

More information

EQT REPORTS FIRST QUARTER 2015 EARNINGS Significant volume growth continues

EQT REPORTS FIRST QUARTER 2015 EARNINGS Significant volume growth continues EQT REPORTS FIRST QUARTER 2015 EARNINGS Significant volume growth continues PITTSBURGH, PA (April 23, 2015) -- EQT Corporation (NYSE: EQT) today announced first quarter 2015 net income attributable to

More information

2006 & 2007 Earnings Guidance Conference Call and Webcast December 14, 2006

2006 & 2007 Earnings Guidance Conference Call and Webcast December 14, 2006 2006 & 2007 Earnings Guidance Conference Call and Webcast December 14, 2006 Forward-Looking Statements Statements contained or incorporated by reference in these slides regarding future events and developments

More information

Morgan Stanley Midstream MLP and Diversified Natural Gas Corporate Access Day New York, NY

Morgan Stanley Midstream MLP and Diversified Natural Gas Corporate Access Day New York, NY Morgan Stanley Midstream MLP and Diversified Natural Gas Corporate Access Day New York, NY March 6, 2013 LEGAL NOTICE/FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements that

More information

Sales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to $0.96 Operating Cash Flow increased 22 percent to $319 million

Sales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to $0.96 Operating Cash Flow increased 22 percent to $319 million Contact: Mark Polzin (314) 982-1758 John Hastings (314) 982-8622 EMERSON REPORTS RECORD FIRST-QUARTER 2006 RESULTS Sales increased 15 percent to $4.5 billion Earnings per Share increased 37 percent to

More information

BMO 2016 Fixed Income Infrastructure & Utilities Conference

BMO 2016 Fixed Income Infrastructure & Utilities Conference BMO 2016 Fixed Income Infrastructure & Utilities Conference 1 Forward Looking Statements This presentation may include forward-looking statements or information (collectively referred to herein as forward-looking

More information

Spectra Energy Reports First Quarter 2009 Results

Spectra Energy Reports First Quarter 2009 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 5, 2009 Spectra Energy Reports First Quarter 2009 Results Reported net income (controlling

More information

Hoist Finance announces its intention to launch an initial public offering and listing on Nasdaq Stockholm

Hoist Finance announces its intention to launch an initial public offering and listing on Nasdaq Stockholm Press release Stockholm 26 February 2015 Hoist Finance announces its intention to launch an initial public offering and listing on Nasdaq Stockholm Hoist Finance AB (publ) ( Hoist Finance or the Company

More information

TRAC Intermodal Earnings Call Quarter Ended March 31, 2015

TRAC Intermodal Earnings Call Quarter Ended March 31, 2015 TRAC Intermodal Earnings Call Quarter Ended March 31, 2015 May 12, 2015 Copyright 2015 TRAC Intermodal Forward Looking Statements and Use of Non-GAAP Information FORWARD LOOKING STATEMENTS This Presentation

More information

North America s Source for Equipment Finance

North America s Source for Equipment Finance North America s Source for Equipment Finance Certain information in this presentation is forward-looking and related to anticipated financial performance, events and strategies. When used in this context,

More information

GeoResources, Inc. Reports First Quarter Financial and Operational Results

GeoResources, Inc. Reports First Quarter Financial and Operational Results GeoResources, Inc. Reports First Quarter Financial and Operational Results Reports First Quarter Adjusted Net Income of $11.5 Million or $0.44 Per Share and Adjusted EBITDAX of $30.4 Million Houston, Texas,

More information

2015 Annual Report NYSE: MMP

2015 Annual Report NYSE: MMP NYSE: MMP 2015 Annual Report Magellan owns the longest refined products pipeline system in the country. We can tap into nearly 50% of the nation s refining capacity and store more than 95 million barrels

More information

Q1 Results Presentation

Q1 Results Presentation FY 2015 Q1 Results Presentation Berlin, 12 May 2015 Disclaimer This document has been prepared by Tele Columbus AG(the"Company") solely for informational purposes. This presentation may contain forward-looking

More information

Frequently Asked Questions Q3 2006

Frequently Asked Questions Q3 2006 Frequently Asked Questions Q3 2006 1. Were there any unusual or one-time items in your Q3 results? CIBC s reported diluted earnings per share (EPS) for the third quarter were $1.86. Our EPS was increased

More information

COTT ANNOUNCES TRANSFORMATIVE AGREEMENT TO FURTHER DIVERSIFY BUSINESS THROUGH ACQUISITION OF DS SERVICES FOR $1

COTT ANNOUNCES TRANSFORMATIVE AGREEMENT TO FURTHER DIVERSIFY BUSINESS THROUGH ACQUISITION OF DS SERVICES FOR $1 CONTACT: Jarrod Langhans Investor Relations Tel: (813) 313-1732 Investorrelations@cott.com COTT ANNOUNCES TRANSFORMATIVE AGREEMENT TO FURTHER DIVERSIFY BUSINESS THROUGH ACQUISITION OF DS SERVICES FOR $1.25

More information

Enbridge Income Fund Holdings Inc.

Enbridge Income Fund Holdings Inc. Enbridge Income Fund Holdings Inc. Annual General Meeting of Shareholders May 12, 2016 Perry Schuldhaus, President Forward Looking Statements This presentation includes certain forward looking statements

More information

BIOX ANNOUNCES 2016 FIRST QUARTER RESULTS

BIOX ANNOUNCES 2016 FIRST QUARTER RESULTS PRESS RELEASE TSX symbol: BX BIOX ANNOUNCES 2016 FIRST QUARTER RESULTS TORONTO, February 4, 2016 - BIOX Corporation (BIOX) (TSX: BX), a renewable energy company that designs, builds, owns and operates

More information