Antero Midstream Corporation (AM) Q3 2024 Earnings Conference Call Transcript Summary
Antero Midstream Corporation (AM) Q3 2024 Earnings Conference Call Transcript Summary
Debt leverage as of September 30th was 3.1 times, with a projection of decreasing below three times by the fourth quarter.The following is a summary of the Antero Midstream Corporation (AM) Q3 2024 Earnings Conference Call Transcript:
以下是Antero Midstream公司（AM）2024年第三季度業績會電話會議記錄摘要：
Financial Performance:
金融業績：
Antero Midstream reported third-quarter EBITDA of $256 million, a 2% increase year-over-year.
Free cash flow after dividends was $40 million, a 32% increase from last year.
Debt leverage as of September 30th was 3.1 times, with a projection of decreasing below three times by the fourth quarter.
Antero Midstream報告第三季度EBITDA爲25600萬美元，同比增長2%。
分紅派息後的自由現金流爲4000萬美元，較去年增長32%。
截至9月30日的債務槓桿率爲3.1倍，預計到第四季度將降至三倍以下。
Business Progress:
業務進展：
Capital expenditures for Q3 amounted to $56 million, 35% of the full-year budget.
Continued construction progress on the Torreys Peak Compressor Station, expected online in Q2 2025.
Consistent quarterly free cash flow generation, with over $350 million generated over the last two years.
Antero Midstream expects further growth in EBITDA and free cash flow in 2025.
第三季度的資本支出總額爲5600萬美元，佔全年預算的35%。
Torreys Peak壓縮站的施工持續進行，預計於2025年第二季度投入運營。
連續季度自由現金流穩定增長，在過去兩年內創造了超過35000萬美元的現金流。
Antero Midstream預計2025年EBITDA和自由現金流將進一步增長。
Opportunities:
機會：
International pricing premiums on propane exports provide a competitive advantage and are expected to persist into 2025.
Unconstrained access to international markets helps capture high premiums, driving free cash flow.
對丙烷出口的國際定價溢價提供了競爭優勢，並預計將持續到2025年。
無限制進入國際市場有助於獲取高額溢價，推動自由現金流增長。
Risks:
風險：
Depressed natural gas prices delayed one completion crew and deferred a planned pad out of Q3, potentially impacting future throughput and operational efficiency.
天然氣價格下跌導致一個施工隊延遲，推遲了計劃在Q3推出的一個平台，可能影響未來的產量和運營效率。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。