Ugi Corporation · NYSE:UGI
Ugi — Debt Investor Presentation (July 2019)
6 slides from Ugi's debt investor presentation, Jul 31, 2019
Slide 1: UGI Energy Services Information Addendum $700mm Senior Secured Term Loan B
Exhibit 99.1 UGI Energy Services Information Addendum $700mm Senior Secured Term Loan B July 2019Exhibit 99.1 UGI Energy Services Information Addendum $700mm Senior Secured Term Loan B July 2019
Slide 2: Disclaimer
DISCLAIMER About this Presentation This presentation contains certain forward-looking statements that management believes to be reasonable as of today’s date only. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indi
Slide 3: Historical Financials
Historical Financials (1) Historical Margin ($ in mm) UGIES Standalone Pro Forma $413 $362 $104 $322 $292 $285 $113 $77 $60 $241 $4 $95 $91 $39 $50 $48 $164 $50 $49 $35 $27 $46 $19 $62 $61 $28 $34 $58 $45 $44 $169 $165 $32 $129 $112 $89 $89 $56 2013 2014 2015 2016 2017 2018 3/31 LTM (2) Midstream &
Slide 4: Columbia Midstream Group Historical Volume
Columbia Midstream Group Historical Volume (‘000s MMBtu/d) Existing capacity: ~2,675,000 MMBtu/d 1,218 1,197 1,185 1,190 1,170 1,172 1,136 1,121 1,102 1,087 1,080 1,078 1,063 1,063 1,042 1,029 977 967 960 944 904 893 887 856 839 807 811 743 740 705 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Au
Slide 5: Non-GAAP Reconciliations (UGI Energy Services Margin)
Non-GAAP Reconciliations (UGI Energy Services Margin) (Millions of dollars, except otherwise noted) Year Ended September 30, 2013 2014 2015 2016 2017 2018 LTM 3/31/19 Total Revenues - Midstream & Marketing $1,122.8 $1,473.7 $1,181.4 $876.6 $1,121.2 $1,421.7 $1,530.3 (1) (927.3) (1,149.8) (872.4) (61
Slide 6: Non-GAAP Reconciliations (UGI Energy Services EBITDA)
Non-GAAP Reconciliations (UGI Energy Services EBITDA) (Millions of dollars, except otherwise noted) Year Ended September 30, 2014 2015 2016 2017 2018 LTM 3/31/19 Net Income - Midstream & Marketing $ 116.7 $ 107.5 $ 87.1 $ 86.9 $ 196.8 $ 77.3 Income tax expense (benefit) 77.2 73.0 57.5 54.5 ( 20.5) 3