Close
❮
❯
Enverus Home
docFinder
M&A
Learn More
Videos
About Us
Contact Us
Register
Log In
Username (email)
Password
Remember Me
Forgot Password?
or
Sign Up Now!
New Search*
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Full Document
Key Slides
Enterprise Products Partners LP
|
Q1 2024 Earnings Support Presentation
| Randy Fowler | Page 4 of 11 |
May 19, 2024
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Document:
"Q1 2024 Earnings Support Presentation"
View Full Document
×
Search Selection
Search by Text
Search
Search by Slide
Search
Cross reference your docFinder results against PLS' extensive news archives.
For demo or training contact Melwyn Oommen,
melwyn.oommen@drillinginfo.com
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Legal Disclaimer
.
Next 200
First
Previous
Zoom
Next
Last
Enterprise Allocation of Capital Capital Expenditure Updates * Maintain and Protect Balance Sheet Responsibly Returning Capital to Investors • Projected 2024 Growth Capital Expenditures of ˜$3.25 billion (“B”) to $3.75B • Projected 2024 Sustaining Capital Expenditures of ˜$550 million (“MM”); includes planned petrochemical turnarounds • Projected 2025 Growth Capital Expenditures ˜$3.25B to $3.75B • Projected 2026 Growth Capital Expenditures ˜$2.0B to $2.5B • Leverage Ratio (1) : 12 months ended March 31, 2024 (“TTM 1Q 2024”) was 3.0x; target ratio of 3.0 (+/– 0.25x) • Liquidity (1) : $4.5B comprised of available credit capacity and unrestricted cash as of March 31, 2024 • Increased distribution with respect to 1Q 2024 to $0.515/unit payment; 5.1% increase over 1Q 2023 • Under our 2019 Buyback Program, we repurchased approximately 1.4MM common units for $40MM during 1Q 2024 and 7.9MM common units for $211MM for TTM 1Q 2024 • Adjusted CFFO Ratio (1) TTM 1Q 2024: 56% • Increased distributions 25 years in a row and returned $53.2B of capital to equity investors via LP distributions and common unit buybacks, since our IPO • In addition, during 1Q 2024 and TTM 1Q 2024, approximately 1.6MM common units and 6.5MM common units, respectively, were purchased on the open market and subsequently delivered to participants in our DRIP (2) and EUPP (3) * Excludes capital investments associated with the SPOT export terminal, which is pending financial investment decision (“FID”) (1) See definitions (2) Distribution Reinvestment Plan (“DRIP”) (3) Employee Unit Purchase Plan (“EUPP”)