Thank Bill. $XXX per reaffirmed press capital this a of morning, XXXX we spending our share reaffirmed our to $XXX earnings million In $X.XX guidance as as plan well to release of share our you, $X.XX million.
Transportation, year. pipelines the bringing additional increases our segments, at demand, start balance remain Looking this the activity believe scheduled capacity GDP, new later for petrochemical to of Marine volumes with in strong the to modest Coast strong crude up additional Gulf and year, customer we should in Permian
continue inland result remain of range. into our Channel on in market our quarter, second rates high marine In Houston be will conditions the operations and the barge expect with River the Ship near-term utilization anticipate June. mid-XX% in a we Mississippi water the the will factors, well challenged that by delays As we to these tight
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and results. expectations transportation result of franchise and diversity strength temporary a as delays, weather distribution helped services navigational underperformed the and our marine the of quarter's Although
market to forward, have in and As Kirby capture despite oilfield, Cenac an throughout excited for closing inland in of our the we the series lies inland excellent uncertainty benefits of position we're In recovery. about look ongoing ahead firmly downturn of what strategic marine, Kirby. the the recent placed acquisitions near-term the
We to have are our in the largest, tight and youngest and fleet our history, this in better customers serve most-efficient very market. we able
continue barge more the pricing on of years to efficient with the customer additional cost invested market proactive and In returns show expect – two continued coastal's demand good increases and in with signs We've structure, strong this improve industry to and marine regulations. we equipment. meaningful to continues in revenue due beyond. continued improvement, steps poised our current rightsized new and inland deliver coastal, taken and in into XXXX retirements and momentum, strong earnings fleet and to is to last new horizon maximize countercyclically to the demand We
the new contribution this with market service Our up diversity will some is second for industrial to revenues major and to year some of term, in oilfield into of installations year-on-year year. approximately for the Demand Distribution improvement XXXX. commercial the the near the segment, and actions In Services, backup profitability of make our portfolio uncertainty presents XXXX we stability earnings the paved power and half the positive generation while systems brings estimated and XX% benefit in potential and this way and for power contracts. growing, from the
in in to significant with see we as production the expected the recover oilfield improvement basins. XXXX, Permian a Beyond increased opportunity and other is
Stewart business, will this our positioned remained to the with United be Holdings which combined investment our nicely that coming rewarded shareholders And capture is strong. growth. years. I industry-leading Stevenson Our an believe & has lastly, sheet in in created firmly well And balance
inland to financial strong cash balances. use We have the acquisitions, ensure term improve have contribution following to to generate free further significant credit a and loan we even liquidity adding reduce recent recently extending during we by a and we from of acted ample marine these flow expect facility series our With our prioritize our cash debt that proactively XXXX, to of market and acquisitions. will flexibility flow the our
two could Operator, returns shareholders. and positive take we advantage our for However, remarks. strategy it can or aligns smaller concludes our company if our of a that acquisition and create our with
to take ready questions. now are We
