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Earnings Call Summary | REX American Resources(REX.US) Q1 2024 Earnings Conference

Earnings Call Summary | REX American Resources(REX.US) Q1 2024 Earnings Conference

業績電話會議摘要 | REX American Resources (REX.US) 2024 年第一季度業績會議
富途資訊 ·  05/23 13:38  · 電話會議

The following is a summary of the REX American Resources Corporation (REX) Q1 2024 Earnings Call Transcript:

以下是REX美國資源公司(REX)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • REX American reported a strong Q1 2024 with a 4% increase in ethanol sold at 74.5 million gallons over the same quarter in 2023.

  • The company reported the second most profitable net income per share in its history, primarily due to lower natural gas and corn input prices.

  • Q1 net income attributable to REX shareholders rose to $10.2 million, up from $5.2 million in Q1 2023.

  • The company ended Q1 2024 with a cash position of $351.8 million, inclusive of cash equivalents, and short-term investments.

  • REX American報告稱,2024年第一季度表現強勁,乙醇銷量比2023年同期增長了4%,達到7,450萬加侖。

  • 該公司公佈了其歷史上第二高的每股淨收益,這主要是由於天然氣和玉米投入價格的下跌。

  • 歸屬於REX股東的第一季度淨收益從2023年第一季度的520萬美元增至1,020萬美元。

  • 截至2024年第一季度,該公司的現金狀況爲3.518億美元,包括現金等價物和短期投資。

Business Progress:

業務進展:

  • REX is progressing as planned with the construction of the One Earth Energy carbon capture facility in Gibson City, Illinois.

  • The company is also on track to complete the expansion of ethanol production capacity at the One Earth Energy facility to 175 million gallons per year, with plans to seek permits for further expansion to 200 million gallons per year.

  • In Q4 2024, REX expects to connect power to the carbon capture and compression facility site.

  • REX has invested approximately $78.1 million in the One Earth carbon capture project and the associated ethanol production capacity expansion, with a total budget estimated to be within $165 million-$175 million.

  • REX正在按計劃在伊利諾伊州吉布森市建造One Earth Energy碳捕集設施。

  • 該公司還有望將One Earth Energy工廠的乙醇產能擴大到每年1.75億加侖,並計劃尋求進一步擴大到每年2億加侖的許可。

  • REX 預計在 2024 年第四季度爲碳捕集和壓縮設施場地接通電力。

  • REX已在 “一個地球” 碳捕集項目和相關的乙醇產能擴張中投資了約7,810萬美元,總預算估計在1.65億美元至1.75億美元之間。

更多詳情: REX 美國資源 IR

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:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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