Earnings Call Summary | TRICAN WELL SERVICE(TOLWF.US) Q1 2024 Earnings Conference
Earnings Call Summary | TRICAN WELL SERVICE(TOLWF.US) Q1 2024 Earnings Conference
The following is a summary of the Trican Well Service Ltd. (TOLWF) Q1 2024 Earnings Call Transcript:
以下是Trican Well Service Ltd.（TOLWF）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Trican reported Q1 2024 revenue of $271.9 million, with adjusted EBITDA of $72.8 million or 27% of revenues, a decrease compared to Q1 2023 due to reduced activity levels.
The company had positive earnings of $41.2 million for the quarter, yielding $0.20 per share basic and $0.19 per share on a fully diluted basis.
Positive free cash flow of $49.9 million was generated during the quarter, with $15.3 million being allocated to capital expenditure.
The quarter ended with a positive working capital of approximately $175 million, inclusive of cash of $9.3 million.
Trican報告稱，2024年第一季度收入爲2.719億美元，調整後的息稅折舊攤銷前利潤爲7,280萬美元，佔收入的27％，由於活動水平的降低，與2023年第一季度相比有所下降。
該公司本季度的正收益爲4,120萬美元，基本每股收益爲0.20美元，全面攤薄後每股收益爲0.19美元。
本季度產生了4,990萬美元的正自由現金流，其中1,530萬美元用於資本支出。
本季度末的正營運資金約爲1.75億美元，其中包括930萬澳元的現金。
Business Progress:
業務進展：
Trican commissioned their fifth Tier 4 fleet during the quarter, specifically designed for high-pressure areas in the Duvernay and Montney.
In the cementing division, near 100% utilization was achieved, contributing to a 10% increase in revenue and EBITDA over Q1 2023.
A partnership was established aimed at increasing market share in oily areas, an aspect the company had previously not ventured into.
They anticipate better Q2 2024 results due to advancements within cement and coil divisions.
Trican has identified Western Canada as a region with potential for substantial growth exploring its capacity for natural gas supply.
On a strategic note, Trican focuses on optimizing returns rather than condoning market share expansion, emphasizing the value placed on long-term, profitable client relationships.
Trican在本季度投入了第五支四級機隊，專門爲杜弗奈和蒙特尼的高壓地區設計。
在固井部門，實現了近100％的利用率，使收入和息稅折舊攤銷前利潤比2023年第一季度增長了10％。
建立了合作伙伴關係，旨在增加油性地區的市場份額，這是該公司此前從未涉足的方面。
他們預計，由於水泥和卷材部門的進步，2024年第二季度的業績會更好。
Trican已將加拿大西部確定爲具有大幅增長潛力的地區，以探索其天然氣供應能力。
從戰略角度來看，Trican專注於優化回報，而不是縱容市場份額的擴張，強調對長期、盈利的客戶關係的重視。
More details: TRICAN WELL SERVICE IR
更多詳情： TRICAN WELLSERVICE
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譯文內容由第三人軟體翻譯。