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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

Enterprise Products合夥企業普通股份有限夥伴(EPD)2024年第三季度業績會文本摘要
富途資訊 ·  10/30 01:30  · 電話會議

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。


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