CSI Compressco Expects FY24 Capital Expenditures Of $52.0M-$69.0M, Adj. EBITDA Of $135M-$145M
Portfolio Pulse from Benzinga Newsdesk
CSI Compressco forecasts its FY24 capital expenditures to be between $52.0M and $69.0M, with an adjusted EBITDA projection of $135M to $145M.
March 01, 2024 | 12:09 pm
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CSI Compressco anticipates FY24 capital expenditures of $52.0M-$69.0M and an adjusted EBITDA of $135M-$145M.
The forecasted increase in adjusted EBITDA and capital expenditures for FY24 suggests a positive outlook for CSI Compressco's financial health and operational expansion. This could lead to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100