Earnings Call Summary | Hess Midstream(HESM.US) Q1 2024 Earnings Conference
Earnings Call Summary | Hess Midstream(HESM.US) Q1 2024 Earnings Conference
The following is a summary of the Hess Midstream LP (HESM) Q1 2024 Earnings Call Transcript:
以下是 Hess Midstream LP (HESM) 2024 年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Hess Midstream reported a Q1 net income of $162 million, an increase from $153 million in Q4 2023. The adjusted EBITDA for Q1 2024 was $276 million, a rise from $264 million in the previous quarter.
The projected net income for Q2 2024 is expected to be between $155 million and $165 million. Additionally, an adjusted EBITDA of $270 million to $280 million is expected in Q2 2024.
For the full year of 2024, Hess Midstream foresees a net income ranging from $670 million to $720 million, and an adjusted EBITDA between $1.125 billion and $1.175 billion.
The company anticipates generating an adjusted free cash flow from $685 million to $735 million in 2024.
Since 2021, Hess Midstream has returned $1.65 billion to shareholders through unit repurchases, reducing the total unit count by over 20%.
赫斯中游公佈的第一季度淨收入爲1.62億美元，高於2023年第四季度的1.53億美元。2024年第一季度調整後的息稅折舊攤銷前利潤爲2.76億美元，高於上一季度的2.64億美元。
預計2024年第二季度的淨收入將在1.55億美元至1.65億美元之間。此外，預計2024年第二季度調整後的息稅折舊攤銷前利潤爲2.7億美元至2.8億美元。
赫斯中游預計2024年全年淨收入在6.7億美元至7.2億美元之間，調整後的息稅折舊攤銷前利潤在11.25億美元至11.75億美元之間。
該公司預計，到2024年，調整後的自由現金流將從6.85億美元增加到7.35億美元。
自2021年以來，赫斯中游通過單位回購向股東返還了16.5億美元，使單位總數減少了20％以上。
Business Progress:
業務進展：
In Q1 2024, Hess Midstream reported an average throughput volume of 393 million cubic foot per day for gas processing, 117,000 barrels of oil per day for crude terminaling and 116,000 barrels of water per day for water gathering.
The company projects for FY 2024 an average gas processing volume between 395 million and 405 million cubic foot per day, crude terminaling volumes between 120,000 and 130,000 barrels of oil per day, and water gathering volumes between 105,000 and 115,000 barrels of water per day.
Construction of greenfield, high-pressure gas gathering pipelines and two compressor stations are progressing on schedule, providing further gas compression capacity. The total capital expenditure for 2024 is expected to be between $250 million and $275 million.
A unit repurchase worth $100 million was completed in March 2024.
Hess Midstream aims to provide additional incremental returns to shareholders, emphasizing a consistent and ongoing return to its stakeholders.
2024年第一季度，Hess Midstream報告稱，天然氣加工的平均吞吐量爲每天3.93億立方英尺，用於原油終端的平均吞吐量爲每天11.7萬桶石油，每天用於集水的11.6萬桶水。
該公司預計，2024財年的平均天然氣處理量在每天3.95億至4.05億立方英尺之間，原油每天終端量在12萬至13萬桶石油之間，集水量在每天10.5萬至11.5萬桶之間。
綠地、高壓氣體收集管道和兩個壓縮機站的建設正在按計劃進行，從而提供了進一步的氣體壓縮能力。2024年的總資本支出預計在2.5億美元至2.75億美元之間。
價值1億美元的單位回購於2024年3月完成。
Hess Midstream旨在爲股東提供額外的增量回報，強調向利益相關者提供持續的回報。
More details: Hess Midstream IR
更多詳情： Hess Midstream IR
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譯文內容由第三人軟體翻譯。