This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The charge represented an increase to the existing provision to now reflect the value of the total liability. Capital expenditures were $53 million. We remain committed to achieving investment grade metrics and we are confident that our current financial plan can achieve that. We have chosen to take a different path.
We have gradually but continuously optimized our portfolio of assets since 2014 resulting in a fleet that is technologically differentiated from that of our peers. We are in a much healthier piece of the industry now than we were, if you go back to 2014, far fewer players in the market, far fewer assets in the market.
With respect to our manufacturing capabilities and capitalinvestment plans, during the quarter, we initiated local Xi system production in China, allowing us to participate in tenders that require a domestically produced system. We also completed the transfer of X system production to our East Coast hub near Atlanta, Georgia.
million in 2014 and less than 2 million in 2010. Total capitalinvestments in the first quarter were $1.1 billion, which included $875 million for growth capital projects and $180 million of sustaining capex. We expect growth capital expenditures for 2024 and 2025 to be in the range of $3.25 exported a record 12.1
This is the result of sustained growth in adjusted EBITDA, improved conversion of EBITDA into free cash flow, and lower capitalinvestment. Capitalinvestment for the quarter was $4.9 Capital expenditures were $4.4 billion, up approximately $100 million compared to the prior year.
This combination of assets has generated record cash flows for Oxy over the last couple of years versus the cash flow generated by the portfolio that we previously had in a similar price environment from 2011 to 2014. Bcf a day or a very small incremental capitalinvestment. as a result of great teamwork with our partner, ADNOC.
Turning to the balance sheet, Cognex continues to have a strong cash position with $557 million in cash and investments and no debt. Free cash flow in Q1 was $10 million compared to $22 million a year ago, reflecting lower GAAP net income and increased working capitalinvestment as we continue to scale new supply chain initiatives.
As I noted in my prepared remarks, while we view the market as a attractive growth market, the required capitalinvestment resources focus relative to its size within our portfolio, coupled with the continued elevated regulatory environment, our decision was it was best to enter this transaction.
He's been on the board since the company went public in 2014 and has deep knowledge of both the company and the pet industry. I also want to be clear that each capitalinvestment we make is with an expectation that we will deliver an after-tax ROIC in the mid-teens. Walt will step into the chairman seat seamlessly.
Asset and Geography Mix CPP Investments, inclusive of both the base CPP and additional CPP Investment Portfolios, is diversified across asset classes and geographies: 1 Fixed income consists of cash and cash equivalents, money market securities and government bonds, all net of financing liabilities. including two in St.
And we've made significant investments to modernize our technology platform, including the core operating system of the auto finance business, and ongoing investments in data and analytics. The technology and human capitalinvestments required to win in prime auto are significant.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content