Earnings Call Summary | Kodiak Gas Services(KGS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Kodiak Gas Services(KGS.US) Q1 2024 Earnings Conference
The following is a summary of the Kodiak Gas Services, Inc. (KGS) Q1 2024 Earnings Call Transcript:
以下是科迪亞克天然氣服務公司（KGS）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Kodiak Gas Services reported Q1 2024 revenues of $216 million, marking a 13% increase compared to Q1 2023.
Their Adjusted EBITDA was $118 million, a rise of 3% from the previous quarter and 11% year-over-year.
Revenues from Compression operations for the quarter reached $193 million, with a growth of 2% and 9% compared to the previous quarter and the same quarter a year ago.
They invested almost $11 million in Maintenance capital expenditure and $59 million in growth CapEx.
Revised 2024 guidance estimates revenues between $1.125 billion and $1.175 billion, with adjusted EBITDA ranging from $580 million to $610 million.
科迪亞克天然氣服務公司報告稱，2024年第一季度收入爲2.16億美元，與2023年第一季度相比增長了13％。
他們調整後的息稅折舊攤銷前利潤爲1.18億美元，比上一季度增長3％，同比增長11％。
本季度壓縮業務收入達到1.93億美元，與上一季度和去年同期相比增長了2％和9％。
他們在維護資本支出上投資了近1100萬美元，在增長資本支出上投資了5900萬美元。
修訂後的2024年指導方針估計收入在11.25億美元至11.75億美元之間，調整後的息稅折舊攤銷前利潤在5.8億美元至6.1億美元之間。
Business Progress:
業務進展：
Kodiak welcomed new CSI employees, expanding the company's size and enhancing its footprint in the Permian Basin and Eagle Ford Shale.
Their integration process with CSI is on track, with projected significant synergies set to generate additional value for shareholders.
The fleet expanded with an increase of over 26,000 horsepower in Q1, making them the largest contract compression provider in the industry.
Full contracting for 2024 new unit deliveries, along with the first three quarters of 2025, has been accomplished.
The company expects over $20 million of cost synergies from the recent acquisition within 12-18 months.
Kodiak continues to be open to potential M&A opportunities, focusing on liquids-rich associated gas basins and other basins like the Eagle Ford, Rocky Mountain, and Northeast that align with their business strategy.
科迪亞克歡迎CSI的新員工，擴大了公司的規模，擴大了其在二疊紀盆地和鷹福特頁岩的足跡。
他們與CSI的整合過程已步入正軌，預計將產生顯著的協同效應，爲股東創造額外價值。
機隊在第一季度擴大了超過26,000馬力，使其成爲業內最大的合同壓縮供應商。
2024年新機組交付以及2025年前三個季度的全部合同已經完成。
該公司預計，最近的收購將在12-18個月內產生超過2000萬美元的成本協同效應。
科迪亞克繼續對潛在的併購機會持開放態度，專注於富含液體的伴生天然氣盆地和其他盆地，例如伊格爾福特、洛基山和東北地區，這些盆地符合其業務戰略。
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譯文內容由第三人軟體翻譯。