IPAA Annual Meeting 2007 San Antonio, Texas Barry E. Davis President & Chief Executive Officer
Dec 14, 2015
IPAA Annual Meeting 2007
San Antonio, Texas
Barry E. DavisPresident &
Chief Executive Officer
Crosstex OverviewCrosstex Overview
Crosstex OverviewCrosstex Overview
5,000 miles of pipeline
12 Processing Plants
3.5 Bcf/day throughput/approximately 7% of
U.S. daily production
650 (+) employees
200 treating plants / 4 fractionators in operation
Strategically Located AssetsStrategically Located Assets
• Strategically focused in prolific production areas with access to high-volume markets – South Texas, North Texas, Louisiana, and Mississippi
• Largest intrastate transmission lines in both Louisiana and Mississippi
Evolution of Midstream MLP’sEvolution of Midstream MLP’s
Content SlideContent Slide
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
55,000
60,000
Years
Mark
et
Cap
itali
zati
on
- M
illi
on
to
Bil
lio
n
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Nu
mb
er o
f Co
mp
an
ies
Market Capitalization
Number of Companies
Growth of Midstream MLP’s Growth of Midstream MLP’s
$12.5B
$44B
$25B
$14B$14B
$20B
$32B
$55B
Content SlideContent Slide
Headlines from the News - 2000 Headlines from the News - 2000
• Billions spent on the Y2K catastrophe that wasn’t
• SOX were just something we wore
• Dot.com....Dot.bust
• Hanging Chad’s Hang-up Gore
• Mad cow panic spreads
Stagnant SupplyGrowing DemandStagnant SupplyGrowing Demand
New Natural Gas Sources in the United StatesNew Natural Gas Sources in the United States
RM 9.0/11.0/13.0
BS 0.3/2.0/3.0
GOM 13.0/9.0/9.0LNG 0.6/2.0/15.0+
MLP’s Build Midstream Infrastructure
MLP’s Build Midstream Infrastructure
Before It Got Hot...Before It Got Hot...
Barnett Shale Early Stages Barnett Shale Early Stages
Barnett Shale Adds Takeaway CapacityBarnett Shale Adds Takeaway Capacity
QuoteQuote
“It’s about imagination: If you’re constrained by what was, you can miss what can be.”