Welcome, Chance. everybody. Thanks, Great.
of that presentation back and of belabor Term website. put There's reference not to go As great there. I'm great going lot we materials have a information that's that. on Chance mentioned, there's a together our ton B for we Loan our there. a And But
that this out because So there. deck the of all skinny earnings is the material a quarter is one
So let's just dive in.
our about things out. Many, side, and on the many out best many that but what we've operating in history company. done view others the and Number hit in a the had of quarter in far, by few foremost, first point operational terms Actually, highlights there. one, to to talk the of we
million final It's the to stages field. pipeline. It's in completed. It is the FLNG been firmly by in the years. really remarkable the hours, commissioned, place. first a Our connected team, X.X is unit accomplishment mechanically man X.X of now being It's in entire
of a our every real of. a by world the side of And measure record something the quite So and liquefier proud obviously, supply a business. cornerstone we're in of single
energy Puerto of in there, to obviously, island for proud on ] also system was a completed actually power COD done we activities X [ the But at and Rico, the very plants of and record in September. something our talk the two, to down completed built us of in the really something great there. Number Brandon investment our again, time, future cornerstone actually which Rico, at real on in we're terms end of build impact second Puerto will a that. and in
massive and our out Puerto many of fully activity FLNG, the to is headed we huge best last markets a be both have X I'll in Rican to and force In across are Lastly, the the be or massive in us massive, next market. that operational years the a of have opportunity [ this in place follow Brazil it Brazil work the Brazil. is XX are and We we generating X business that the accomplishments. commercial lot Brazilian talk that of Dete completed really XX flow. perhaps ] getting have of this will for Andrew cash many for have respects, together are were markets. But now so. of culmination There FSRUs there days mechanically The will hard now week, world X done terminals down about complete. They in all this.
and now our as B weeks that hand the This loan closed our a allows of quarter the highlight us business operating Second fully ago. sheet few focus term of balance financed we the business. on to
We as to and sales next investment-grade sheet and march with a now cash rating, asset towards operating have XX line expect months. flows balance the plan direct we XX over the very deleveraging which to to is our
course, $XX be operating $XX we will customers we and is earnings, where the million better record us. But that core operating had for of of call of of we QX, the in would our the had in QX, QX or for virtually call, purpose them operating significant earnings. QX. entirely $XXX more to expect flows than of in detail earnings and generating QX now be had earnings. transformation core basically, QX, from to operating this Lastly, earnings. are I we particular. business, Chris our cash million double million QX is
high-quality marched really the quarterly way cash better a the Page go XXX% distance said from flows, into X coming great are of at second significant The of results. -- half $XXX so we quarter. before, financial I earnings really quality, X and a earnings pillars us duration of our downstream for producing The for our kind the towards as briefly, are year.
Look to and adjusted downstream million EBITDA XXX% growth. So the of customers,
We year. are now in the last stage of the
quarter. we still expectation billion gains this on EBITDA expect sales in to year, is in same, adjusted for $X.X next about million for $X.X $X.X the $XXX Our of asset come billion, year, fourth billion the that from
the already we already Notably, timing be $X.X year, straightforward. it for of billion is are about contracted. just in next our but it for $X.X estimate all of the forecasting of virtually So are million year, there of of next those billion those, some all contracted. could Of is terms volatility there that $XXX
terminals. growth, in from only XX portfolio use is of flow years. our our the cash downstream we XX% customers, of about capacity the quality of And of currently excess duration of XXX% coming So
undervalued massive our So potential we every operational metric the the a spite producing through are an just This estimate we $X for results this is simply across lowest In there's company. to $X. forward.
Page year, be #X. company. look performance, year a growth the as organic that for for significantly the going we are business. value to $X.XX of and by $X.XX at, something year is basis, addressed operating per we But for next from share the think will earnings
you So to multiple, infrastructure the no that on in there company is share place us than apply an per her. earnings if cheaper
rate you If of is the multiple, a the good which enterprise the earnings EBITDA, these to leveraged relatively far leverage look sectors.
And extraordinary growth in earnings growth the across per lastly, prospects not in the value growth measure value terminals capacity terms by we we the Not that but growth extraordinary think lowest annual growth through XX% so XXXX, of that with the rate, have the future compounded absolutely of rate, our utilization. least there of we only at and rate. are the in of business, low share are we company, for it different been are only our terms the growth XXXX the in has
at construction of various that, to handful the we this the our team I this little updates. with significant of members quickly this completed to let's about flip is The is So a I'll very talk the over I'll construction at turn update. is that of a majority have punchline bit about talked But vast the very, to What do beginning. point. it.
with FLNG have go Chris And in I'll start Mexico. so down but -- through, the let's just