LETTER FROM THE CEO

2021 was a banner year for Howard Energy Partners. We celebrated our 10-year anniversary, acquired the Javelina Off-gas Processing Facility in Corpus Christi, expanded our liquidity by completing our first bond offering, commenced construction on our Port Arthur Renewable Diesel Terminal, and were named Most Improved Infrastructure Asset in GRESB’s 2021 Environmental, Social, Governance (ESG) report. 2022 looks to be just as eventful, with the recent expansion of our Oklahoma gas gathering system, the publication of our inaugural ESG report, the anticipated commissioning of our Port Arthur Renewable Diesel Terminal and the expected start-up of a new project with a strategic technology partner for the production of ultra-low carbon fuels in Corpus Christi.

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The mission of Howard Energy Partners is to deliver positive energy. We are passionate about this purpose. The energy we deliver not only enables us to provide long-term value to our stakeholders, we know it is essential to alleviating poverty and improving human life. Further, as we see energy supplies used as leverage in international conflicts, we know that the energy security we help provide is a force for peace and stability across the world. Our business helps power every other business and we take great pride in that.

Nevertheless, we take seriously our obligation to provide that energy in the most responsible way possible. We are proud of the fact that the natural gas we gather and process, which makes up more than 60% of our EBITDA, has played a significant role over the last decade in lowering carbon emissions by replacing coal and other more carbon-intensive fuels. The United States’ shift to natural gas from coal has done more than anything else to lower the country’s CO2 emissions, almost 25% since 2005. Our Nueva Era Pipeline in Mexico displaces somewhere between 8 – 11 million tonnes per year of CO2 that would have otherwise been produced from the burning of fuel oil or coal.

Yet, because we are committed to continuing to deliver the energy that people need to flourish, we are committed to do more. In 2023, 10% of our EBITDA will come from our Port Arthur Renewable Diesel facility, which will produce 470 million gallons per year of renewable diesel with 80% less CO2 emissions than traditional diesel. With our acquisition of the Javelina facility, an additional 10% of our EBITDA now comes from the sale of hydrogen and the decarbonization of the six Corpus Christi refineries off-gas streams. Starting in January 2023, the CO2 emissions associated with Javelina’s hydrogen production will be captured, utilized, and transformed into a net zero emissions electro-fuel, making it among the first “clean hydrogen” production facilities along the U.S. Gulf Coast. And our partnership with the Port of Corpus Christi and Talos Energy in the Coastal Bend Carbon Management Partnership represents one of the first carbon capture and sequestration projects at-scale in the region, taking advantage of Javelina’s historic role as an aggregator of emissions in the Corpus Christi market.

We are more than just an energy company; we are an integral part of an industry that helps power every other industry.  As we continue to grow, we will strive to preserve this meaningful endeavor, staying true to our purpose and core values along the way.

I invite you to look through our website and explore our values located on the Purpose page and to learn more about what inspires our approach to delivering positive energy on the Resources page.

Thank you,

Mike Howard

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Mike Howard

Chairman & Chief Executive Officer

Stakeholder Engagement

We believe each of our stakeholders play a critical role in the success of Howard Energy Partners.

  • We generate the revenue we need from our business operations and when needed, work with financial partners to supply additional capital needed to grow.
  • We apply innovation and years of expertise to provide creative midstream solutions, driving value for our customers and investors.
  • We employ diverse and talented people and give them the skills and training they need to ensure their effectiveness and personal development.
  • We are a responsible and safe midstream service provider who manages our resource consumption and ensures that our projects have minimal impact on land, waterways, and wildlife habitats.
  • We believe in contributing to society through investments and volunteering in local communities.

INNOVATE WITH US

We take great pride in our unique culture and strive to provide a dynamic, fulfilling, and fun work environment. In fact, our employees voted us a Top Workplace every year we’ve been in business – an honor we are proud of and do not take lightly.

 

What Our Employees Say

Each year our employees take part in extensive surveys to help us gain a better understanding of what we do well and what we can improve on. Some of the words our people have used to describe us include balanced, positive, meaningful, motivated, dedicated, growing, and friendly. We use this important feedback to help empower our employees to be imaginative; develop meaningful relationships; create solutions; find a balance to grow personally and professionally; and make a difference at work and beyond.

Employee Benefits

Howard also provides an extensive benefits package to its employees, including medical, dental and vision plans, company-paid basic life insurance, parental leave, fertility, and short-term and long-term disability income benefits. Howard offers generous vacation and sick time off. We also offer our employees volunteer hours so that they can give back to the local community.

Available positions

We are always interested in meeting dedicated, hard-working, innovative people who want to build a career based on teamwork, honesty, and a steadfast commitment to doing what is right for those with whom we do business. For more information on a career with Howard Energy Partners, please contact: recruiting@howardep.com