-- 美國下游和中游能源公司馬拉松石油公司(MPC)週二公佈了其第一季業績,顯示煉油原料相對穩定,但管道和終端吞吐量有所下降。 截至3月31日的第一季度,煉油廠淨吞吐量與去年同期基本持平,約為每日290萬桶。原油產能利用率也維持在89%的水平,原油煉油產能變化不大,約每日300萬桶。 墨西哥灣沿岸地區的煉油廠淨吞吐量年增,從116萬桶/日增至121萬桶/日。西海岸地區的吞吐量也從50.4萬桶/日增加到52.9萬桶/日。 然而,中大陸地區煉油原料的減少抵消了這些成長。該地區的煉油廠淨吞吐量從120萬桶/日降至110萬桶/日。 在此期間,公司煉油業務處理了48%的酸性原油和52%的低硫原油。相較之下,去年同期酸性原油佔比為46%,低硫原油佔比為54%。 公司預計第二季煉油廠加工量將增加至約300萬桶/日。 在中游業務方面,公司管道輸送量年減,從600萬桶/日降至580萬桶/日。終端輸送量也從310萬桶/日降至300萬桶/日。 同時,集輸系統輸送量從652萬立方英尺/日降至649萬立方英尺/日,天然氣加工量從980萬立方英尺/日降至940萬立方英尺/日。 該公司還表示,由於 Martinez Renewables 合資工廠計劃停產,其再生柴油業務的利用率下降,這影響了該業務板塊的利潤率。
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Research Alert: Wec Energy Beats Q1 Estimates; Capex Up 16.7%, Ahead Of Data Center Demand
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:WEC Energy delivered solid Q1 results with adjusted EPS up 7.9% Y/Y, beating consensus by 6.5%, while revenue increased 9.0% to $3.43B (+0.5% vs. consensus), driven by higher rates and modest volume growth. Weather-normalized retail electricity deliveries rose 1.3% with large C&I customers leading at 2.7% growth, though natural gas deliveries declined 3.5% due to milder conditions. The diversified utility portfolio positions WEC well for accelerating demand growth expected around 2027 from data centers and manufacturing facilities. WEC reaffirmed 2026 EPS guidance of $5.51-$5.61, aligning with 7%-8% EPS growth expectations over five years. Capital investment remained elevated at $817.9M (+16.7% Y/Y) supporting infrastructure expansion, while operating cash flow of $1.22B provides strong coverage for capex and dividends. The company maintained dividend growth with a 6.7% increase to $0.9525 per share, reinforcing its track record of reliable earnings and shareholder returns.