everyone. Thanks Dwayne, morning and good to
earnings story As quarter improve importantly, Genesis to XXXX line release, move as the this into more with we XXXX the we mentioned expectations, beyond. our in continues longer-term but and and in was morning's second through
Our the two contracted front developments of or XXXX, oil Mexico track sometime and late XXXX first upstream are in rate in of on ramp to Gulf half early the expected full XXXX. for run in to remain
energy with green growth also unfolding a soda combination for continuing fundamental activities of its longer-term We a expect our expected the a pre-pandemic building critical the importance many activity, given economic ash, driven of growth, a by recovery return in normalized growth ash business to for demand resumption soda in and block GDP as a transition.
well is result, and a very over flow, we cash As adjusted free Genesis increased the see positioned improving sheet years. to amounts coming EBITDA, of believe consolidated balance
Now, turning segments. business our to individual
the of downtime Pipeline our Transportation producer slightly segment of level quarter during Our increased despite our and expectations Offshore customers. maintenance ahead from the performed
third the maintenance of million we to producer range expect our reasonably the to no our margin quarter. would some the $XX a assuming second expect quarter segment than and per $XX in While season, from announced end experience million hurricane quarter over worse we come third normalized into previously of of towards quarter, cross we lower to
track. our developments, both large remain King's forward two contracted on closer As Argos continue we to look and move to Quay XXXX, and upstream
In Mexico oil, production for King's production a home sometime over the - recently Murphy of platform at sail a to is of which fact, the this first anticipated each pre-drilled Gulf a their X-month In should ramp Quay announced have anticipation respective quarter. and the fields in away to both of final wells X to period. allow BP Murphy scheduled in have number of rapid floating its
fields, when free a flow. generate of segment expect will in a to margin continue fully in year, We ramped, cash quarter, these additional over or and excess $XX $XXX million million
of to approximately in and Additionally, XXXX first footprint, anticipated sanctioning dialogue three potential late time new we our continue the represent remain to these would of Gulf to activity operate to to usual one new levels active lowest economically build advance The in continue frame. services up suggest our America. digit various anticipate gas decisions multiples, Mexico midstream with provide low per that each stand-alone business contracted deepwater of These to central competitive day incremental year. at XXXX Gulf Mexico in continues deploy half in production this current with the and producer most and capital the to North discussions intensive with of basins of along as developments of in remains community XXX,XXX of the oil producers barrels of make the using Gulf developments in stages a existing the we second single respective final investment Mexico, the in of and will projects the greenhouse
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generation the that of pipelines, associated Mexico is development the the further be for around Gulf view under the in intensity any to and decision in our unlikely around as this of specifically be the cash will we decades of While production greenhouse activity to come. gas commentary, evidence to lower tied flow capabilities significant
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prospective the in been exploration lease of and to we ultimately a highly Mexico. and sales will our lead federal under development amount in additional resources opportunities the the it's leased, already Gulf Gulf substantial ruling technology acreage While has of resumption believe current the economics and this vast belief of the that of Mexico, of
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the sales our due for our contracts demand that year total and through sales levels sequentially of increasingly fully year of international collars. otherwise pre-pandemic Latin no return America this and annual our and domestic our year, we ash but prices Accordingly, domestic ANSAC, supply support when for the will will This expect our of tight contract the soda our especially our to However, redetermine to of XXXX, balance higher sales. towards and weighted approximately would be remainder prices rising representing to there the continue most important, in XXXX, price average dynamic not including containing likely is end very throughout the XX% the Asia, to both longer-term next mind prices year. question this we is representing in contract primarily caps
which XXXX as the when of move market price expansion we dynamic the latest, XXXX. above we weighted would we should - to well However, pre-pandemic exists we price to suppose our third originally believe Granger we the at the XXXX or absolute levels the where deck coming online or project average in assumed enter at be with increase coincide and quarter sanctioned continue should closer increasingly
remains for quarter tons would XXXX. months XX to X.X design Our we subsequent XX ramp year of of the production over in million capacity Granger its to months. on to production expansion third the a And expect first schedule
our the anticipated and future we deploy the the of to on spend some our call, of above arrangement. to and to cash the fund under in last flow we mentioned potential on draw We'd to funding anticipated which preferred As the second continue free make of year. level evaluate that $XXX cadence earnings decision asset portions to this over expect are our half the million, obligated project
production to the non-substitutable continue see increasing next in a few and over commodity for accelerate years. battery initiatives, green fundamental We lithium as will that required ash particular, various demand for soda
of ultimately, to batteries. lithium support certain to lithium or production to discussed, producers lithium hydroxide, carbonate blocks in parts one are which technologies, building lithium ash previously both iron lithium their utilize of part soda As phosphate two
to are price batteries, continues lithium that and While generation dependent not for and on solution electric iron configurations raw cobalt scarce volatile various there materials like phosphate be a nickel. ultra cost-effective new is it
phosphate going forward. strategy state their part we a batteries have of will be seen vehicle As result, manufacturers lithium electric an integral iron
company energy storage Musk towards Tesla and electric Diess, the iron Volkswagen's lithium batteries. For example, phosphate be Farley long-term Jim the said cells entry-level stated, would their of lithium And Elon Herbert of lithium products iron CEO, their shift some Ford's recently and making vehicles. batteries announced that a would phosphate in Furthermore, iron commercial battery phosphate also entry-level vehicles. in in of company used some use their was CEO,
points view and data glass top our manufacturers of and initiatives switch quickly these demand products. the other of the of for green from solar more driving XXXX. producers a continue ash be force lithium our All will and belief with remainder on energy-efficient like on further incremental retrofitting battery touch windows soda now to gears panels I'll for reinforce that demand
recovery for slightly of no a in the increase associated G&A current expect slower a the Given currently incentive-based our of expense crude-by-rail in marine in second activity end with segment, expectation towards low expected and compensation, we previously non-cash year, our of guidance half than in $XXX come adjusted long-term previously $XX announced our the to have line which of to of however, outlook we sight increasing consolidated never of brighter adjustments. adjusted of balance sheet. free EBITDA, been approximately cash pro and $XX term, consolidated million to flow $XXX amounts year million improving full forma EBITDA to includes Longer has as million clear the million,
final increase for production Gulf investment new decisions year in XXXX and starting to first back remain volumes to in significant several in the reaching optimistic the of frame. this see around their half XXXX, the developments, We XXXX we time Mexico near-term of expect
prices. to reopen, move we continue past ash significantly rising economies soda export the shock As from balance market continues evidenced and by to demand COVID tighten, the as and the global
transition. driven the a inexorable of As recoverable of trona, natural ash demand world's remain energy benefit green to hundreds of future years growth low-cost from the the continue normal economy, levels, of positioned growth we reserves the demand soda with maturation well the producer incremental of to by in and leading driven to exciting recovery by pre-pandemic
work us, to of cases assets of and to impact turn say for to health employees. amongst proud social in in confident with With safely some procedures that I continues limited to diligently folks. to remain fully that, distancing. and team our entire customers in the with to I'm and the especially Genesis our the and any this in our It's work and have business and COVID-XX questions. safety improve realize live have of benefit quality our personnel, I'll to and position of Our during growth to story confident the and it opportunity to alongside we only no extremely years honor again partnership I X,XXX such the quarters work front like the an own would our will once mariners workforce recognize who time ahead. our partners offshore under operated miners, back confirmed the moderator performance close protocols
