Enterprise Products Partners L.P. Common Units (EPD) Q3 2024 Earnings Call Transcript Summary
Enterprise Products Partners L.P. Common Units (EPD) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Enterprise Products Partners L.P. Common Units (EPD) Q3 2024 Earnings Call Transcript:
以下是Enterprise Products Partners L.P.普通單位(EPD)2024年第三季度業績電話會議摘要:
Financial Performance:
金融業績:
Adjusted EBITDA for Q3 2024 reported at $2.4 billion, compared to $2.3 billion in Q3 2023.
Distributable cash flow generated was $2 billion with 1.7x coverage and $808 million retained.
Net income increased to $1.4 billion, or $0.65 per unit, an 8% increase over the previous year.
A distribution of $0.525 per common unit for Q3 2024 was declared, marking a 5% increase year-over-year.
2024年第三季度調整後的EBITDA報告爲24億美元,較2013年第三季度的23億美元有所增長。
產生的可分配現金流量爲20億美元,覆蓋率爲1.7倍,留存80800萬美元。
淨利潤增至14億美元,每單位0.65美元,比去年同期增長8%。
宣佈2024年第三季度每普通單位分配0.525美元,同比增長5%。
Business Progress:
業務進展:
Achieved five volumetric records, including natural gas processing and pipeline volumes.
Announced the completion of the acquisition of Piñon Midstream, enhancing the NGL value chain from wellhead to water.
Upcoming completion of structural expansions like the Bahia pipeline, frac 14, Neches River NGL export terminal, and Morgan's Point Terminal Flex Expansion in 2025.
Noted significant interest from potential new customers, particularly data centers and gas-fired power plants, under Texas Energy Fund initiatives.
Planned expenditure for growth capital in 2025 is estimated to be between $3.5 billion to $4 billion.
實現五項容量記錄,包括天然氣加工和管道輸送量。
宣佈完成對Piñon Midstream的收購,增強了從井頭到水的NGL價值鏈。
計劃於2025年完成結構擴展項目,如巴伊亞管道、frac 14、Neches River NGL出口站以及Morgan's Point Flex Expansion。
特別注意到潛在新客戶(尤其是數據中心和燃燃料幣電廠)對德州能源基金倡議的顯著興趣。
計劃在2025年用於增長資本的支出預計爲35億美元至40億美元。
Opportunities:
機會:
Steady demand and new business prospects primarily from datacenters and upcoming natural gas-fired power plants.
Enhancement and expansion of processing, storage, and transport capabilities through strategic acquisitions like Piñon Midstream.
Engagement in new infrastructure projects such as a potential CO2 pipeline with Oxy aimed at serving the Houston Industrial Corridor.
來自數據中心和即將建成的燃燃料幣電廠的穩定需求和新業務前景。
通過戰略性收購(如Piñon Midstream)增強和擴展處理、存儲和運輸能力。
參與新的基礎設施項目,比如與Oxy合作潛在的CO2管道項目,旨在服務休斯頓工業走廊。
Risks:
風險:
Discussed potential concerns regarding future ethane storage and recovery due to the lack of new demand until more export facilities come online.
Acknowledged issues and strategies around fluctuation in natural gas prices impacting the market, evidenced by the volatility in Waha gas prices.
就未來乙烷儲存和回收的潛在問題進行討論,因缺乏新需求直到更多出口設施投入運行。
承認了圍繞天然氣價格波動對市場產生影響的問題和策略,瓦哈燃料幣價格波動證明了這一點。
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。