Strong Focus on Total Shareholder Return slide image

Strong Focus on Total Shareholder Return

Managing Cash Flow Stability Realized Margin¹ from Investment Grade Customers and Take-or-Pay Contracts. MANAGED THROUGH ~29% Non ~34% Non Investment Grade RISK MANAGEMENT Fee-for-Service ~66% Fee-for-Service Investment Grade ~71% (78% including secured counterparties) ~35% Take-or-Pay (Avg. Duration: 6-years) PROGRAM PROTECTING DOWNSIDE PRESERVING UPSIDE DELIVERING RISK ADJUSTED RETURNS 2022 Realized Margin¹ 2022 Take-or-Pay lower year-over-year due to record 2022 Marketing margin year See slide 21 for notes regarding this slide 11
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