Investor Presentaiton slide image

Investor Presentaiton

GUIDANCE ON THE NEW BUSINESS MODEL Operating Expenses G&A Expenses Cents Per Gallon Maintenance Capital Growth Capital ~$325 million ~$140 million 8.0 to 9.5 range ~$40 million ~$90 million The 7-Eleven transaction eliminates a majority of field level employee support, insurance costs, and store operations • We expect to reduce operating expenses by approximately 70% • With the elimination of the back office support required to run company operations, we expect to reduce G&A by ~50% Wholesale margins have historically been consistent but above our 6 to 8 guidance range Taking into account the new business model with a significant fixed-fee contract, we are raising the range to 8.0 to 9.5 CPG . The retention of the West Texas sites under a commission agent model results in a $5 million increase from previous guidance of $35 million • The exit of the retail business eliminates new- to-industry builds • Growth capital will be focused on profitably growing wholesale volumes SUNOCOLP 6
View entire presentation