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
Eagle Rock Energy Partners
|
2015 NAPTP Annual MLP Investor Conference
| Joe Mills; Bob Haines | Page 4 of 11 |
May 08, 2024
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Document:
"2015 NAPTP Annual MLP Investor Conference"
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
For Text and General: 31 101 149 0 0 0 For Graphs: 31 101 149 77 131 203 166 166 166 0 134 0 77 77 77 217 217 217 255 255 255 192 0 0 • Eagle Rock Energy Partners, L.P. (NASDAQ: EROC) is a growth-oriented upstream MLP with assets in Oklahoma, Alabama, Texas, Mississippi and Arkansas • 1Q15 distribution of $0.07/unit, or $0.28/unit annualized (1Q15 distributable cash flow coverage of 1.12x) • Current 11% yield offers an attractive, tax-advantaged distribution(2) • Recently revised the 2015 capital budget to $75 MM ($40 MM maintenance and $35 MM growth) ? Production expected to average 75 – 78 MMcfe/d for full year 2015 • On April 30, 2015, Regency Energy Partners (RGP) and Energy Transfer Partners (ETP) closed on their previously announced merger ? Each RGP common unit owned by EROC was converted into 0.4124 ETP common units, or ~1.03 million total units P r o v e d R e s e r v e s ( 1 2 / 3 1 / 1 4 ) 3 1 8 . 2 B c f e % P r o v e d D e v e l o p e d 7 9 . 0 % % G a s 5 3 . 1 % % N e t P r o d u c t i o n Op e r a t e d 75% P r o v e d R / P 1 2 y e a r s 1 Q 1 5 P r o d u c t i o n 7 9 . 7 M M c f e / d N e t A c r e a g e 2 0 2 , 6 3 2 % H B P 95% Eagle Rock Overview 4 Eagle Rock Energy Partners, L.P. | NASDAQ: EROC Market Valuation Key Statistics (1) As of May 15, 2015, Energy Transfer Partners, LP (ETP) had a $57.42 unit price. (2) As of May 15, 2015. ($ in millions, except per unit amounts) U n i t P r i c e a s o f 5 / 1 5 / 1 5 $ 2 . 4 7 U n i t s Ou t s t a n d i n g a s o f 4 / 3 0 / 1 5 1 5 3 . 0 E q u i t y M a r k e t Ca p $ 3 7 7 .9 T o t a l D e b t a s o f 4 / 3 0 / 1 5 2 0 3 . 1 E T P 1 . 0 3 M M U n i t s a s o f 4 / 3 0 / 1 5 ( 1 ) 5 9 . 1 E n t e r p r i se V a l u e $ 5 2 1 .8