KEY INVESTMENT CONSIDERATIONS
• Experienced and proven management team
• Strong financial position and balanced approach to distribution policy
• Flexible cost structure
• Diversity of geography and customer base
• Leading propane MLP with relatively stable cash flows
• Streamlined capital structure enhances cost of capital
• No incentive distribution rights (IDRs)
• MLP is controlled by Unitholders through independently elected Board of Supervisors
• Investor-friendly partnership structure
• Attractive tax-advantaged current yield