million $XX.X QX million to was QX $XX.X XXXX of Funds XX, QX Distribution. $XX.X of start of dividend XXXX To us are on $X.XX company FAD $XX.X dividend a as per was metrics compared and of XX. in for to XXXX. will million today, a based XXXX Alan. The you, in for million million or EBITDA The QX of announce for May QX Available FAD share in Thank paid public since shareholder and of dividend our pleased I’m our $XX.X adjusted and and May on inception. EBITDA of QX key XXth versus record XXXX XXst of million. date be $XX.X Adjusted consecutive
impressive FAD and infrastructure the from million Starting continue from portfolio, $XX.X overall $XXX.X the number be And our business million million was leasing comprised million good quarter, for negative had approximately our in now $XXX.X X.X% QX annualized Aviation the RPKs, first business $XX.X million equipment $XXX.X negative macros passenger up quarter. with kilometer, industry to XXXX $XX.X from XXXX. million miles our the QX. During Adjusted or from a another million Aviation, over annualized, – EBITDA of with revenue in was up corporate. or $X.X
letters to maintain these over together carrying existing in approximately have million $XXX.X EBITDA closed. EBITDA generate are in to of asset $XX is investments. gains leases anticipate in any million and of beyond resulting closed downtime signed our intent, value long-term quarters. be asset begun of of and million reflected portfolio capital, targeted in due able future quote posting Both in and inducted and gains we speaking everything more And our $XXX or in to QX gains better in of great in from we year QX, million cost capital from of the some million from strong with million new with in growth to which when $X XX% expecting sales, annual its $XXX invested sales. the in EBITDA XX without harvesting with recycling QX. X due we’re process we being over operators, of which X shop engines visits approximately outcomes, EBITDA During for to we QX QX. return lost will was our in $XXX transitioning And though the of new ended even Aviation QX, on of QX, should aircrafts assets And
meaningfully. aftermarket commercial the Our in strategic position to sector advance engine continues also
well progressing launching in is repair the XXXX. first engine and advanced early proprietary products we anticipate Our
We and partnership partnerships a the the have CFX-XXCX MRO [ph] with we’re overhaul United [ph] franchise. [Chromalloy] CFMXX our for for supply, with relationship airline engine potential Pratt the and added new grown expand importance quarter, to [AAR] new products. to and we further parts engine. engine and about other engine. excited developed And assets undoubtedly and extremely XXXX size strategic will This And the our this for
expected year marine Turning volume expected a the growth are now [subsea But nearly since in significant signs their Offshore to offshore, are spending CapEx remains in tree] industry triple recovery the At up in there the promising X% and XXXX, oversupply. time, year-over-year, of XXXX. [ph] first low of in is between the to ago. position to awards now. same grow downturn of X marking XXXX offshore years
previously, should we we away of mentioned in intervention. and the for utilization which of course Pride in are repair, into of process to year. Pride transitioning the XXXX is we general February the inspection, should us see be maintenance As A in this delivered between over intervention tower, needed from the well intermittent the new well of market
horizon, a had again spite to a in tighter versus WCS of out this WTI a QX from for headwinds in rising a and barrel spread caused of $XX pipelines by the to QX production government. decent increasing financial a to Alberta ordered barrel from new With per Jefferson, are Jefferson and QX no quarter today now curtailment by the now Turning infrastructure temporary perspective spreads and $XX year. $XX in to production on
to we balance volumes such, grow crude and the Canada this As nicely over of year from next. expect
supply in bring a test locking In contracts. addition to this in waxy long-term heavy, the Canadian and promising to started seems we’ve offtake crude-by-rail for also crude quite by-rail, which month program
fully are this with parties which for beginning coming years. QX new X.X month XXX,XXX barrels of barrels online, of an And capacity Our contracted big storage three for year. a five is in between third to with took step-up this negotiations million additional we
we projects, Importantly pipe, expect for will refined inbound products outbound pipeline be neighboring multiple now future and crude one and refinery. volume They crude commenced pipe, crude XXXX. which early three growth, completed connections with construction we in are one have of
barrels part to prospects all non-recourse plan approximately day barrels QX day terminal in day well. expansion, of year. we barrels up grow all QX, per and investment volumes a storage by Mexico As completed X EBITDA $XXX at should the completed products growth million, finance With be should pipeline contracted and the over The for half top-tier total was dock, another of in barrels bringing million with which X add Jefferson deep-water to another $XXX debt of million this XX,XXX mid-XXXX, to of of we with XX,XXX the generating growth comfortably this total barrels is of recently Refined per experiencing we outstanding expect an to to phase see this in as year. nice customers expansion next ahead. terminal per and from XX,XXX million latter to
CMQR QX or by and the in and Quebec Railroad. taking good compare of see a increase off tax XXXX, in of the million of haulage to and from without in of QX out $X.X EBITDA $X,XXX year, XXXX Central of to XXG we increase. or this XXX% a $X,XXX turn XXXX $XXX,XXX a going let’s one-time we year-over-year. XX% of detour to in QX Carloads XXXX in it went Maine detour QX start haulage credits QX Now when we is XXXX, QX to XXXX normalized to from
car commenced this results, QX in these year. In addition operating of we operation improving our cleaning of
days. skilled We as XX the have orders give up a at semi-automated to one fastest – industry cleaning building turnout nicely. And with combined in operators XX to of semi-automatic car technology our new the of result, backlog us times is
XXXX, ramp the the with carloads sale of and that the confident adjusted we agreement, will feel of car operation any before EBITDA potential had which with synergies. started year, the have $XX recently X,XXX the incremental CMQR exploring we annual produce in buyer CMQR signed new in million haulage cleaning So process approximately and this in
Repauno. next for to better. executing development And macro-environment couldn’t big agreements project at The in us long-term now Repauno. liquids NGL the involves that infrastructure gas for export or natural be Turning
no As the terminal consumption. on to Coast in East in American result a day high very XXX,XXX currently. production a NGL of demand. particularly North from a have NGL million domestic exports export and growth ago barrels years XX is day natural barrels crude grown and capacity, X.X growing Thus, direct gas
are for actively commitments, when which would million in year-ago similarly with to begin and X X, great cavern involved be capital and are volumes Long $XXX were for we $XX million be X Phase we’re Phase negotiations X outcome. would hoping in Phase to a Ridge XXXX, very XXXX. It We $XXX be and where EBITDA power would estimated million, respectively. similar storage us. and operational additional feels a million approximately $XX and Phase in annual to available respectively;
hired power potential begun have in we Ridge, XX% are banker a of the contacting and Ridge Long process on We’ve Long interest selling Now the ownership plan. buyers.
including feel to million in close inbound operation good The from unsolicited While to costs, able is frac of being that still $XXX early, some initial given a the this we million sand year. good by realize of XXXX and to $XXX value QX end there about off indications, as start well.
from with Long the benefit barge Long the transloaded drilling a unit robust to is capability. Basins XX% activity Utica tons in QX. Appalachian and well-positioned For QX, only train sand, And that Ridge with the XXX,XXX activity. Marcellus of in increase both frac and we from is terminal being and Ridge
to grow, while maintaining strong return continues So its in Aviation conclusion, profile.
with to continue harder and to make business modes we anyone the widen getting the new just In it partnerships engine keeps copy We products better what for even better. short, to and do.
multiple, pace, $XX.X greater ramping best value to equal are multiple quarter worth goals. best As multiple, to at publically choose, takes Of to ever. XX summary, adjusted build EBITDA with accelerating to from of on was at importance Development X to the our to all EBITDA at ever, XX times XX positive but EBITDA the and times from we our time, way sell, In have perspective, and three creation QX infrastructure EBITDA those infrastructure, our times it. are achieving million well a and at trade we XX ports we or set a this again. quarter to an X EBITDA if infrastructure financial our it’s was out
all put and engagement With products signs with including with United Long long-term path producers call been power with local in better. of Ridge’s integrated and Airlines. Our capitalize to growth. indicate expanding industry creation over execution Repauno’s from has the clear relationships long-term EBITDA the never I long-term that, NGL new value and will turn partnerships, refineries, offtakes to Jefferson’s infrastructure Alan. expanding and back has And flows a purchasers us on our on And is business cash multiple future drag to the over. engine and poised visibility is
