Call Start: 8:30 January 1, 0000 9:14 AM ET Armada Hoffler Properties, Inc. (NYSE:AHH) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Chelsea Forrest - Vice President of Investor Relations Shawn Tibbetts - President and CEO Matthew Barnes-Smith - CFO Conference Call Participants Robert Stevenson - Janney Montgomery Viktor Fediv - Scotia Bank Andrew Berger - Bank of America Operator Good morning, ladies and gentlemen, welcome to the Armada Hoffler Fourth Quarter Earning ...

Targa Resources Corp. (NYSE:TRGP) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Tristan Richardson - Vice President, Investor Relations & Fundamentals Matt Meloy - Chief Executive Officer & Director Jen Kneale - President of Finance & Administration Will Byers - Executive Vice President & Chief Financial Officer Scott Pryor - President of Logistics & Transportation Pat McDonie - President of Gathering & Processing Bobby Muraro - Chief Commercial Officer Conference Call ...

Allegion plc (NYSE:ALLE) Q4 2024 Earnings Conference Call February 18, 2025 8:00 AM ET Company Participants Josh Pokrzywinski - Vice President of Investor Relations John Stone - President and Chief Executive Officer Mike Wagnes - Senior Vice President and Chief Financial Officer Conference Call Participants Jeffrey Sprague - Vertical Research Partners Julian Mitchell - Barclays Joe O'Dea - Wells Fargo Securities Timothy Wojs - Baird Brett Linzey - Mizuho Securities Christopher Snyder - Morgan Stanley Operat ...

Boyd Gaming (BYD) Q4 2024 Earnings Call February 06, 2025 05:00 PM ET Company Participants David Strow - Vice President of Corporate CommunicationsKeith Smith - President and CEOJosh Hirsberg - CFO & TreasurerSteve Wieczynski - Managing DirectorDavid Katz - Managing DirectorJohn Decree - Director - Equity Research Conference Call Participants Carlo Santarelli - AnalystJordan Bender - Equity AnalystBrandt Montour - Director, Equity Research AnalystDaniel Politzer - Director, Equity Research AnalystShaun Kell ...

Hess Midstream (HESM) Q4 2024 Earnings Call January 29, 2025 12:00 PM ET Company Participants Jennifer Gordon - Vice President, IRJohn Gatling - President & COOJonathan Stein - CFONaomi Marfatia - Associate Director - Equity ResearchNoah Katz - Equity Research Associate Conference Call Participants Doug Irwin - Equity Research AnalystJackie Koletas - Equity Research Analyst Operator Good day, ladies and gentlemen, and welcome to the 4th Quarter 2024 Hess Midstream Conference Call. My name is Gigi, and I'll ...

Financial Data and Key Metrics Changes - Revenue increased by 20% sequentially to $3.5 billion [10] - Net income attributable to Alcoa was $202 million, up from $90 million in the prior quarter, with earnings per share doubling to $0.76 [10] - Adjusted EBITDA rose by $222 million to $677 million, driven by higher alumina and aluminum prices, increased shipments, and lower energy costs [11] Business Line Data and Key Metrics Changes - In the alumina segment, third-party revenue increased by 45% due to higher average realized prices and higher shipments [10] - The aluminum segment saw a 5% increase in third-party revenue, primarily from higher average realized prices [10] - The alumina segment's adjusted EBITDA increased by $349 million, mainly due to higher alumina prices and volumes [11] Market Data and Key Metrics Changes - Alumina prices reached an all-time high in Q4 due to tight market conditions and lower-than-expected supply [26] - Global demand for aluminum remained resilient, particularly in the packaging and electrical sectors, while building and construction faced challenges [27] - The bauxite market is currently tight, with pricing into China at $120-$130 per ton, impacting alumina availability [56] Company Strategy and Development Direction - The company aims to enhance safety and operational excellence, particularly in Brazilian operations, and prioritize customer-focused decisions to become the supplier of choice [24] - Plans for targeted growth through organic and inorganic opportunities where returns exceed the cost of capital [25] - Deleveraging and repositioning debt are priorities for 2025, with expectations of generating sufficient cash for further debt reductions [25] Management's Comments on Operating Environment and Future Outlook - Management noted that alumina prices are expected to remain tight in the first half of 2025, with new production in India and Indonesia needed to balance the market [57] - The outlook for aluminum demand outside China is expected to rebound, supported by higher real incomes and lower interest rates [29] - Management expressed caution regarding potential tariffs and their impact on supply, demand, and trade flows [35] Other Important Information - The company completed a $385 million debt repayment while maintaining its quarterly dividend [9] - The profitability improvement program exceeded its $645 million target ahead of schedule, with significant savings from raw materials and productivity initiatives [8][14] - The company has a cash balance of $1.1 billion and expects capital expenditures of $700 million in 2025 [19] Q&A Session Summary Question: Impact of potential tariffs on Midwest premium and trade flows - Management indicated that the Midwest premium would likely increase significantly if tariffs are imposed, disrupting trade flows and potentially leading to higher costs for U.S. customers [43][45] Question: Net debt position and capital return timing - The company closed the year with $2.1 billion in adjusted net debt and will prioritize deleveraging in 2025, considering capital returns if excess cash is available [50][52] Question: Bauxite availability for new refineries - The bauxite market is tight, and alumina prices are expected to remain high, impacting the ramp-up of new refineries in India and China [56] Question: Cash balance and MOU progress at San Cyprian - Cash consumption is still depleting weekly, and while the MOU is a positive step, it does not guarantee a deal will be reached [62][64] Question: Monetizing excess energy offtake - The company has opportunities to monetize energy in Brazil and potentially in Wort, but these are currently being utilized for smelting operations [66] Question: Monetizing idle sites for data centers - The company has a history of successfully monetizing legacy assets and is in contact with developers for potential sales, but maximum value is the priority [70][73]

Woodward (WWD) FY Conference September 05, 2024 11:30 AM ET Speaker0Okay, we'll move right along. Next up, we are delighted to have Woodward today. Today in attendance, we'll have the Director of Investor Relations, Dan Probasnick from Woodward. Woodward is based in Fort Collins, Colorado. It manufactures fuel control systems in highly engineered systems for the aerospace and defense and industrial markets.Woodward has 60,000,000 shares, trades around $162 for almost $10,000,000,000 market cap with $340,000 ...

MDU Resources Group (MDU) 2024 Investor Day March 13, 2024 11:00 AM ET Speaker0 All right. I think we'll go ahead and get started doing a mic check. Can everyone hear me? All right. Perfect. Okay. I want to welcome everyone to in the room as well as those joining via webcast to MD Resources Investor Day, and certainly thank you for your interest in our company. It truly is an exciting time for our company as we continue transforming our business. Before getting started, I'd like to take a few minutes to int ...