Wed. 7 Aug 2024, 7:06am ET
Benzinga
News, Guidance
Full Year 2024 Business Outlook
For the full year 2024, the Partnership expects:
- Adjusted EBITDA(1)(3) of $1.46 billion to $1.52 billion, excluding synergies and transaction-related expenses(2).
- Approximately $50 million in synergies related to the acquisition of NuStar.
- Approximately $100 million in transaction-related expenses.
- Growth capital expenditures to be greater than $300 million and maintenance capital expenditures to be approximately $120 million.