Bank of America Investment Banking Pitch Book
SIRE Situation Overview
Unit Price Performance
50%
25%
0%
(25%)
(50%)
10
(75%)
(100%)
Jul-17
Source:
Note:
Jul-18
SIRE has underperformed its soda ash peers
Jul-19
Soda Ash Peers
Gathering & Processing MLPs
Jul-20
Baha
-Small-Cap MLPS
Wholesale Distribution MLPs
Huny
Jul-21
-SIRE
-Refined Products & Crude MLPs
Company filings and Factset as of July 1, 2022.
Soda Ash Peers includes: TROX, CMP, CC, OLN, SLCA, GEL, Tata Chemicals Limited; Small-Cap MLPs includes: MMLP, USDP, SNMP, SRLP and GPP; Large Cap MLPS includes: ET, EPD, MPLX and PAA; Refined Products
& Crude MLPs includes: MMP, NS, GEL, NGL, HEP, DKL, PBFX and MMLP; Gathering & Processing MLPs includes WES, DCP, HESM, CEQP, SMLP, SNMP; Wholesale Distribution MLPS includes: SUN, GLP, CAPL and
SRLP.
-Large-Cap MLPs
(0.3%)
(1.8%)
(21.2%)
(32.5%)
(35.1%)
(45.8%)
(59.4%)
Jul-22View entire presentation