Ferrellgas Partners, L.p. · OTC:FGPR
Ferrellgas Partners, L.p — Merger or Acquisition (June 2015)
10 slides from Ferrellgas Partners, L.p's merger presentation, Jun 1, 2015
Slide 1: Bridger Acquisition Overview
Bridger Acquisition Overview June 1, 2015 Conference Call Details Time: 11:00am Eastern Dial-In (Toll Free): (800) 374-0690 Dial-In (International): (253) 236-3482 Passcode: 58838962
Slide 2: Forward Looking Statements
Forward Looking Statements 0 / 0 /130 The following information contains, or may be deemed to contain, forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the fu
Slide 3: Transaction Overview
Ferrellgas has agreed to acquire Bridger Logistics, LLC (“Bridger”) from Riverstone Holdings LLC and current Bridger management. Bridger is a fast-growing crude logistics provider with a strategic portfolio of midstream assets connecting crude production in prolific unconventional resource plays to
Slide 4: Acquisition Represents Milestone In FGP Diversification Initiative
Acquisition Represents Milestone In FGP Diversification Initiative Jan 2014 May 2014 Sep 2014 June 2015 FGP announced diversification strategy Acquisition of Bridger provides Ferrellgas with a crude-focused portfolio of strategic midstream assets, diversifying Ferrellgas’ existing asset base and cre
Slide 5: Bridger Acquisition Highlights
Comprehensive portfolio of midstream assets provides broad exposure to liquid hydrocarbon transportation across most major unconventional plays in the U.S. Scale provided by acquisition gives FGP an existing, diverse footprint in high-growth regions such as the Bakken, Permian and Eagle Ford from wh
Slide 6: Acquisition Creates Comprehensive Crude Logistics Footprint
Acquisition Creates Comprehensive Crude Logistics Footprint Major U.S. Shale Plays States with Bridger Operations Legend Bridger Asset Map 63 Trucks 9 Pipeline Terminals 72.0 MBbls/d Terminal Capacity 48.5 MBbls/d Rail Loading Capacity 514.4 MBbls Storage Capacity Bakken 80.0 MBbls/d Rail Unloading
Slide 7: Strategic Portfolio Of Assets Connecting Crude Oil To End Markets
Strategic Portfolio Of Assets Connecting Crude Oil To End Markets Trucks Pipeline Terminals Pipeline Rail Maritime One of the largest for-hire crude oil carriers in the U.S. Over 610 specialized tractor-trailer units. Presence in most major crude producing regions across the U.S. 19 strategically lo
Slide 8: Select Contractual Relationships With Key Counterparties Underscore Bridger Value Proposition
Select Contractual Relationships With Key Counterparties Underscore Bridger Value Proposition Trucking Terminals Rail 2 3 1 Large Cap E&P Super Major East Coast Refinery Acreage Dedication Long-Term Take-or-Pay Long-Term Take-or-Pay Area of Mutual Interest covers ~86,000 square miles across the Perm
Slide 9: Acquisition Provides Highly-Contracted, Diverse Cash Flow
Acquisition Provides Highly-Contracted, Diverse Cash Flow Estimated NTM EBITDA By Contract Type Estimated NTM EBITDA By Business Line Bridger’s business generates a diverse stream of substantially all fee-based cash flow with trucking, rail, terminal, pipeline and maritime operations contributing me
Slide 10: Key Takeaways
Key Takeaways Diversification Of Business Experienced, High-Quality Bridger Management Team Several Identified Growth Opportunities Midstream Platform / Increased Scale Expanded Midstream Customer Base Redefined FGP Story Increased Distributions For Unit Holders 1 2 3 4 5 6 7
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