The Motley Fool

NOVEMBER 1, 2024

As we highlighted on the last call, fourth quarter earnings are expected to be impacted by higher-than-expected financing costs and normal course movement of operating and maintenance expense from the first half to the second half of the year. I'll finish my remarks on our financing plan as shown on Slide 5. Turning now to Slide 4.

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The Motley Fool

AUGUST 1, 2024

We're making excellent progress toward timely closing of the two remaining debt reduction initiatives, the sale of public service company in North Carolina to Enbridge and the noncontrolling equity financing by Stonepeak in the Coastal Virginia offshore wind project. In North Carolina, the financing requires affiliates agreement approval.

Finance 130

Finance Financing Debt Bidding 130

The Motley Fool

NOVEMBER 12, 2024

In 2024, we've been focused on executing on our capital investment plan, regulatory dockets, and growth opportunities with great success. I'll begin by discussing overall earnings drivers for 2024, highlights for the third quarter and year-to-date results, financing needs, and conclude with guidance.

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Depreciation Capital Taxes Finance 130

The Motley Fool

JULY 30, 2024

Capital expenditures, including finance leases, were $19 billion, in line with expectations and cash paid for PP&E was $13.9 cloud and AI-related spend represents nearly all of our total capital expenditures. Now back to total company results. Next is segment guidance. billion to USD 20.6

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Capital Accounting Assets 246

The Motley Fool

MAY 6, 2024

As discussed on the year-end call in February, results in 2024 reflect a combination of regulatory lag related to our capital investments and inflationary pressures. Our gas utility is making necessary investments in safety, reliability, and technology at record levels. We reported net income of $1.69 Other income declined $3.8

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The Motley Fool

JULY 24, 2024

I would now like to turn the conference call over to your host, Brett Feldman, senior vice president of finance and investor Relations. Brett Feldman -- Senior Vice President, Finance and Investor Relations Thank you, and good morning, everyone. Capital investment for the quarter was $4.9 Capital expenditures were $4.4

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The Motley Fool

AUGUST 1, 2024

billion, up 91% year over year, and trailing 12-month free cash flow adjusted for equipment finance leases was $51.4 We remain focused on driving efficiencies across the business, which enables us to invest to support the strong growth we're seeing in AWS, including generative AI. Now let's turn our attention to capital investments.

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The Motley Fool

AUGUST 1, 2024

With the commitment to Luna Valley and Daggett I along with the offer for an investment into an enhanced Pine Forest project complex and financing structure, we continue to complete actions on our checklist toward providing further visibility into growth beyond the previously established target of $2.15 Turning to Slide 5. CAFD yield.

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The Motley Fool

AUGUST 2, 2024

While we continue to maintain strong credit ratings, a solid balance sheet and an unchanged long-term earnings growth outlook, our earnings guidance for 2024 reflects a combination of lag related to our capital investments and inflationary pressures that we are experiencing simultaneously. Other income declined $4.2

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The Motley Fool

FEBRUARY 22, 2024

And there's been no change to project costs of $625 million, including financing costs. The transaction will improve our credit profile, reduce project concentration risk, and lower our financing needs during construction. billion of deferred fuel balances that we financed with short-term debt during 2023. Next, why now?

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Taxes Assets Accounting Shareholders 130

The Motley Fool

OCTOBER 24, 2024

In Flash, the proactive measures we took during the downturn along with our disciplined capital investment strategy have significantly enhanced Western Digital's business agility and structural margin potential. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Portfolios 234

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The Motley Fool

AUGUST 4, 2023

When we announced the review in November, we described the long-term scope and duration of our resiliency and decarbonization capital investment opportunity as very much intact. Is there any kind of major capital investments you may be facing there? Turning to Slide 8. I'll address electric sales trends. Perfect, guys.

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The Motley Fool

OCTOBER 30, 2024

Joining me today are Jim Umpleby, chairman and CEO; Andrew Bonfield, chief financial officer; Kyle Epley, senior vice president of the global finance services division; Alex Kapper, vice president-elect of IR; and Rob Rengel, senior director of IR. So I guess my question is, is there any way you can frame the capital investment?

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Finance Financing Taxes Leveraging 130

The Motley Fool

NOVEMBER 3, 2023

Earlier this year, in recognition of the potential value for customers and shareholders, we supported legislation that allows us to petition the Virginia State Corporation Commission to take a controlling equity financing partner in the project, a noncontrolling equity financing partner in the project.

Finance 100

Finance Financing Taxes Shareholders 100

The Motley Fool

AUGUST 7, 2024

Our track record of scale with customers like Cash App and One Finance in the U.S., Third, it positions us well with companies looking to offer embedded finance. The experience we've built with Cash App and One Finance in the U.S. Moving on to embedded finance, look, the demand is growing extremely fast.

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The Motley Fool

NOVEMBER 5, 2024

Kazarian -- Vice President, Finance and Investor Relations Welcome to Marathon Petroleum Corporation's third-quarter 2024 earnings conference call. Kazarian -- Vice President, Finance and Investor Relations Thanks, Maryann. My question is around the capital investment you're making. Kristina, you may begin. Kristina A.

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Assets Capital Debt Finance 130

The Motley Fool

AUGUST 6, 2024

Kazarian -- Vice President, Finance and Investor Relations Welcome to Marathon Petroleum Corporation's second-quarter 2024 earnings conference call. Our disciplined capital investments are focused on high-return projects. Kazarian -- Vice President, Finance and Investor Relations Thanks, Maryann. Kristina, you may begin.

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The Motley Fool

OCTOBER 24, 2023

We continue to expect FPL to realize roughly 9% average annual growth in regulatory capital employed over our current rate agreement's four-year term, which runs through 2025. FPL's capital expenditures were approximately $2.6 The sale of tax credits is serving as a new source of capital funding for NextEra Energy.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Taxes Finance Financing 100

The Motley Fool

OCTOBER 24, 2023

We continue to expect FPL to realize roughly 9% average annual growth in regulatory capital employed over our current rate agreement's four-year term, which runs through 2025. FPL's capital expenditures were approximately $2.6 The sale of tax credits is serving as a new source of capital funding for NextEra Energy.

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Securities and Exchange Commission (SEC) Taxes Finance Financing 100

The Motley Fool

AUGUST 31, 2023

Consumer access to credit in the quarter was healthy and approval rates remain near the historical norms with overall payment plan penetration at 44% and the amount financed are both relatively consistent to last year. So the amount financed continues to be strong for us. Brandon Cheatham -- Citi -- Analyst Thanks, It was very helpful.

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The Motley Fool

AUGUST 9, 2024

NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. We are also excited about the follow-on investments we made to finance strategic acquisitions by two of our high-performing lower middle market portfolio companies. Now, turning to our current investment pipeline.

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Capital Asset Management Securities and Exchange Commission (SEC) Assets 130

The Motley Fool

FEBRUARY 14, 2024

We also discussed our strategic objectives beyond 2026 of targeting a production platform of 600,000 gold equivalent ounces per year with line of sight until at least 2030, as well as our pipeline of opportunities and exploration upside to extend mine lives well into the next decade with very modest capital investment.

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Capital Banks Debt Liabilities 130

The Motley Fool

JULY 25, 2023

We continue to expect FPL to realize roughly 9% and average annual growth in regulatory capital employed over our current settlement agreements for your term, which runs through 2025 FPL's capital expenditures were approximately $2.5 billion for the quarter, and we now expect FPL's full year 2023 capital investments to be between $8.5

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Securities and Exchange Commission (SEC) Leveraging Assets Capital 100

The Motley Fool

JULY 25, 2023

We continue to expect FPL to realize roughly 9% and average annual growth in regulatory capital employed over our current settlement agreements for your term, which runs through 2025 FPL's capital expenditures were approximately $2.5 billion for the quarter, and we now expect FPL's full year 2023 capital investments to be between $8.5

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Leveraging Assets Capital 100

The Motley Fool

AUGUST 9, 2024

Turning now to key financing activities. billion after repaying construction financing and other customary adjustments. And then the follow-on question there is you've indicated constrained capital investment in the regulated base and capital-light approach putting these assets that haven't been recognized into the rate base.

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The Motley Fool

MAY 2, 2024

For the avoidance of doubt, no changes to any of the other financial guidance we provided on March 1st, including credit, dividend, and financing guidance. We are excited to have a well-capitalized and experienced financing partner on terms that significantly derisked the project for Dominion Energy customers and shareholders.

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Capital Finance Financing Shareholders 130

The Motley Fool

NOVEMBER 5, 2024

of our outstanding debt at the end of the quarter was variable rate in nature, illustrating the financing flexibility we have heading into the end of the year. With that said, we strive to demonstrate a proactive forward-looking mindset as we plan, position, and evolve our financing strategy for future growth.

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Capital Assets Leveraging Funds 130

The Motley Fool

JULY 26, 2023

I would now like to turn the conference call over to our host, Amir Rozwadowski, senior vice president, finance and investor relations. Amir Rozwadowski -- Senior Vice President, Finance and Investor Relations Thank you, and good morning, everyone. Since July 2020, our capital investment has totaled about $65 billion.

Debt 100

Debt Capital Finance Financing 100

The Motley Fool

OCTOBER 30, 2024

By using proceeds from equity and debt financings, as well as cash flows from our operations, we strategically accumulate bitcoin and advocate for its role as digital capital. One, debt financing. Now, turning to our treasury operations, we had one of our most impactful quarters from a capital markets execution perspective.

Leveraging 130

Leveraging Shareholders Capital Debt 130

The Motley Fool

NOVEMBER 3, 2023

million due to additional capital investments. million primarily due to incremental long-term debt financing. Year to date, we've invested $243 million in our systems related to safety reliability, and technology. Nearly 90% of those capital investments were for the gas utility. Other income increased $8.9

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The Motley Fool

OCTOBER 23, 2024

Our business strategy is predicated on investing in high-quality assets that also has scale. We've designed our capital investment programs to ensure that we will continue to be the market leader in the years ahead. So, maybe for Sam's China, how are you thinking about capital outflows? 1 financing for MBS Phase 2?

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The Motley Fool

AUGUST 4, 2023

Tim Flanagan -- Chief Financial Officer, Vice President of Finance, and Treasurer Thanks Jeremy. Katja Jancic -- BMO Capital Markets -- Analyst Understood maybe then on the cost side, previously you expected the full year '23 costs to be up about 20% year over year. For the second quarter, we had a net loss of $8 million or $0.03

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Finance Financing Capital Leveraging 100

The Motley Fool

FEBRUARY 15, 2024

I'm pleased to report that we have successfully raised $200 million of new capital commitments, including $175 million of second-lien debt from Sol Holding, the JV between TotalEnergies and GIP that holds a majority of our shares outstanding, which is inclusive of the $45 million of bridge loan financing already provided since December.

Finance 100

Finance Financing Capital Debt 100

The Motley Fool

NOVEMBER 20, 2024

He did an incredible job leading both the finance and operations teams over the first half of the year. Beyond the headwinds in our supply chain, we also faced some unexpected pressure in healthcare and general liability expenses this quarter, which Jim will outline in a few minutes. With that, I'll pass the call over to Jim.

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The Motley Fool

OCTOBER 24, 2023

Capital expenditures, including finance leases, were $11.2 billion to support cloud demand, including investments to scale our AI infrastructure. It speaks to the pace at which we are delivering AI revenue with the increasing cost expense and capital investment ahead with the demand we see. So, that's the data.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Leveraging Accounting Banks 245

The Motley Fool

AUGUST 1, 2023

This year's growth capital investments in the Williston are progressing on time and on budget and are primarily focused on the continued build out of the infrastructure on the western side of the Rough Rider system. Turning to the balance sheet, Crestwood ended the second quarter with $3.3

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Leveraging Assets Capital Liabilities 100

The Motley Fool

DECEMBER 19, 2024

The Hopper is a comprehensive suite of systems and procedures used to operate and manage the acquisition, financing, and development of land assets at scale, designed and refined by Lennar over the past 20 years. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

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Assets Debt Capital Banks 242