Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript Summary
Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript Summary
Gross adjusted EBITDA margin was maintained at approximately 80%, above the targeted 75%.The following is a summary of the Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript:
以下是hess midstream LP (HESM) Q3 2024 業績會議通話摘要:
Financial Performance:
金融業績：
Hess Midstream reported a Q3 net income of $165 million, an increase from $160 million in the previous quarter.
Adjusted EBITDA for Q3 was $287 million, up from $276 million in Q2, driven by higher throughput volumes.
Gross adjusted EBITDA margin was maintained at approximately 80%, above the targeted 75%.
Full-year 2024 adjusted EBITDA forecasted to grow by greater than 10%, with capital expenditures expected to be around $270 million.
Total shareholder return yield remains one of the highest among midstream peers, with significant returns delivered through strategic repurchases amounting to $300 million year-to-date.
hess midstream報告Q3淨利潤爲16500萬美元，高於上一季度的16000萬美元。
Q3調整後的EBITDA爲28700萬美元，較Q2的27600萬美元增加，主要受較高吞吐量驅動。
整體調整後的EBITDA利潤率維持在約80%，高於目標的75%。
預計2024年全年調整後的EBITDA將增長超過10%，資本支出預計約爲27000萬美元。
中游-腦機同行中股東總回報率仍然是最高之一，通過戰略回購提供的重大回報金額達到今年截至30000萬美元。
Business Progress:
業務進展：
Continuing development activities in the Bakken with a maintained 4-rig program, aiming to support an approximate 10% volume growth across oil and gas systems through 2024.
Construction and planning advances on new compressor stations and a new 125 million cubic foot per day gas processing plant to support long-term growth, slated to come online in 2027.
There's a steady focus on gas capture and maintaining high system availability, despite operational disruptions like wildfires and planned maintenance.
在巴肯繼續進行開發活動，保持4臺鑽機的計劃，旨在通過2024年支持石油和燃料幣系統產量約10%的增長。
新壓縮站和新的每日12500萬立方英尺燃料幣加工廠的施工和規劃進展，旨在支持長期增長，計劃於2027年投入使用。
儘管像野火和計劃維護這樣的運營中斷存在，但始終關注燃料幣捕捉和維持高度系統可用性。
Opportunities:
機會：
Hess Midstream has forecasted a growth in throughput by approximately 10% for 2024, supported by upward trends in Bakken production from Hess Corporation and third-party developments.
The planned new gas processing plant and infrastructure developments underline a strategic expansion to cater to projected increases in production and demand.
hess midstream已預測到2024年吞吐量約增長10%，得益於hess公司和第三方在巴肯生產上的上升趨勢。
計劃中的新燃料幣加工廠和基礎設施發展凸顯了戰略性的擴張，以滿足預計的產量和需求增長。
Risks:
風險：
Potential volume impacts from wildfires and power outages affecting throughput volumes, specifically highlighted for the fourth quarter projections.
Market conditions and physical disruptions pose a continuous risk to operational stability and expected volume throughput, influencing financial projections marginally.
野火和停電可能對吞吐量產生影響，特別是第四季度的預測中突出的問題。
市場條件和物理干擾對運營穩定性和預期流量產生持續風險，對財務預測產生邊際影響。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
