Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript Summary
Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript:
以下是hess midstream LP (HESM) Q3 2024 业绩会议通话摘要:
Financial Performance:
金融业绩:
Hess Midstream reported a Q3 net income of $165 million, an increase from $160 million in the previous quarter.
Adjusted EBITDA for Q3 was $287 million, up from $276 million in Q2, driven by higher throughput volumes.
Gross adjusted EBITDA margin was maintained at approximately 80%, above the targeted 75%.
Full-year 2024 adjusted EBITDA forecasted to grow by greater than 10%, with capital expenditures expected to be around $270 million.
Total shareholder return yield remains one of the highest among midstream peers, with significant returns delivered through strategic repurchases amounting to $300 million year-to-date.
hess midstream报告Q3净利润为16500万美元,高于上一季度的16000万美元。
Q3调整后的EBITDA为28700万美元,较Q2的27600万美元增加,主要受较高吞吐量驱动。
整体调整后的EBITDA利润率维持在约80%,高于目标的75%。
预计2024年全年调整后的EBITDA将增长超过10%,资本支出预计约为27000万美元。
中游-脑机同行中股东总回报率仍然是最高之一,通过战略回购提供的重大回报金额达到今年截至30000万美元。
Business Progress:
业务进展:
Continuing development activities in the Bakken with a maintained 4-rig program, aiming to support an approximate 10% volume growth across oil and gas systems through 2024.
Construction and planning advances on new compressor stations and a new 125 million cubic foot per day gas processing plant to support long-term growth, slated to come online in 2027.
There's a steady focus on gas capture and maintaining high system availability, despite operational disruptions like wildfires and planned maintenance.
在巴肯继续进行开发活动,保持4台钻机的计划,旨在通过2024年支持石油和燃料币系统产量约10%的增长。
新压缩站和新的每日12500万立方英尺燃料币加工厂的施工和规划进展,旨在支持长期增长,计划于2027年投入使用。
尽管像野火和计划维护这样的运营中断存在,但始终关注燃料币捕捉和维持高度系统可用性。
Opportunities:
机会:
Hess Midstream has forecasted a growth in throughput by approximately 10% for 2024, supported by upward trends in Bakken production from Hess Corporation and third-party developments.
The planned new gas processing plant and infrastructure developments underline a strategic expansion to cater to projected increases in production and demand.
hess midstream已预测到2024年吞吐量约增长10%,得益于hess公司和第三方在巴肯生产上的上升趋势。
计划中的新燃料币加工厂和基础设施发展凸显了战略性的扩张,以满足预计的产量和需求增长。
Risks:
风险:
Potential volume impacts from wildfires and power outages affecting throughput volumes, specifically highlighted for the fourth quarter projections.
Market conditions and physical disruptions pose a continuous risk to operational stability and expected volume throughput, influencing financial projections marginally.
野火和停电可能对吞吐量产生影响,特别是第四季度的预测中突出的问题。
市场条件和物理干扰对运营稳定性和预期流量产生持续风险,对财务预测产生边际影响。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. 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:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。