Prepared Direct Testimony, and Exhibits of Barry E. Sullivan, Brian Troicuk, and Terry Molik on behalf of Alliance Pipeline L.P. under RP15-1022.
11/30/2015Docket No. RP15-1022-000 Exhibit No. APL-2 Proxy Group Segment Analysis Exhibit of Alliance Witness Barry E. Sullivan Docket No. RP15-1022-000 Exhibit No. APL-2 Schedule No. 1 Boardwalk Pipeline Partners, LP Category: MLP Assets 2014 2013 2012 Average 1 Interstate Pipelines & Storage $ 8,207 $ 7,915 $ 7,189 % of Total 100% 100% 100% 100% 2 Total Assets $ 8,207 $ 7,915 $ 7,189 FERC-REGULATED AND RELATED 100% 100% Operating Income 2014 2013 2012 Average 1 Interstate Pipelines & Storage $ 398 $ 415 $ 474 % of Total 100% 100% 100% 100% 2 Total Operating Income $ 398 $ 415 $ 474 FERC-REGULATED AND RELATED 100% 100% 100% 100% Docket No. RP15-1022-000 Exhibit No. APL-2 Schedule No. 2 Columbia Pipeline Partners, L.P. Category: MLP Assets Jun-15 Jun-14 Average 1 Regulated Natural Gas Transmission and Storage Facilities $ 8,394.7 $ 7,931.6 % of Total 100% 100% 100% 2 Total Assets (Total Property, Plant and Equipment) $ 8,395 $ 7,932 FERC-REGULATED AND RELATED 100% 100% 100% Income Jun-15 Jun-14 Average 1 Regulated Natural Gas Transportation & Storage $ 239.0 $ 151.5 % of Total 100% 100% 100% 2 Total Income $ 239 $ 152 FERC-REGULATED AND RELATED 100% 100% 100% Docket No. RP15-1022-000 Exhibit No. APL-2 Schedule No. 3 EQT Midstream Partners, L.P. Category: MLP Assets 2014 2013 2012 Average 1 Transmission and Storage $ 928,864 $ 807,287 $ 619,163 % of Total 72% 77% 75% 75% 2 Gathering $ 364,261 $ 238,322 $ 207,406 % of Total 28% 23% 25% 25% 3 Total Assets $ 1,293,125 $ 1,045,609 $ 826,569 FERC-REGULATED AND RELATED 72% 77% 75% 75% Revenues 2014 2013 2012 Average 1 Transmission and Storage $ 254,820 $ 173,881 $ 120,797 % of Total 65% 57% 60% 61% 2 Gathering 138,139 129,831 79,208 % of Total 35% 43% 40% 39% 3 Total Operating Income $ 392,959 $ 303,712 $ 200,005 FERC-REGULATED AND RELATED 65% 57% 60% 61% Docket No. RP15-1022-000 Exhibit No. APL-2 Schedule No. 4 Kinder Morgan, Inc. Category: Corporation Assets 2014 2013 2012 Average 1 Natural Gas Pipelines $ 52,523 $ 52,357 $ 46,600 % of Total 69% 72% 72% 71% 2 Products Pipelines (KMP) $ 7,179 $ 6,648 $ 6,089 % of Total 9% 9% 9% 9% 3 CO2 (KMP) $ 5,227 $ 4,708 $ 4,148 % of Total 7% 6% 6% 7% 4 Terminals (KMP) $ 8,850 $ 6,888 $ 5,931 % of Total 12% 9% 9% 10% 5 Kinder Morgan Canada (KMP) $ 1,593 $ 1,677 $ 1,724 % of Total 2% 2% 3% 2% 6 Other $ 459 $ 568 $ 601 % of Total 1% 1% 1% 1% 7 Total Assets $ 75,831 $ 72,846 $ 65,093 FERC-REGULATED AND RELATED 79% 81% 81% 80% Adjusted EBITDA 2014 2013 2012 Average 1 Natural Gas Pipelines $ 4,259 $ 4,207 $ 2,174 % of Total 57% 56% 43% 52% 2 Products Pipelines (KMP) $ 856 $ 602 $ 668 % of Total 11% 8% 13% 11% 3 CO2 (KMP) $ 1,240 $ 1,435 $ 1,322 % of Total 17% 19% 26% 21% 4 Terminals (KMP) $ 944 $ 836 $ 708 % of Total 13% 11% 14% 13% 5 Kinder Morgan Canada (KMP) $ 182 $ 424 $ 229 % of Total 2% 6% 4% 4% 6 Other $ 13 $ (5) $ 7 % of Total 0% 0% 0% 0% 7 Total Adjusted EBITDA $ 7,494 $ 7,499 $ 5,108 FERC-REGULATED AND RELATED 68% 64% 56% 63% D