The company reported net income of $114.4 million ($4.97 per diluted share) and total revenues of $174.1 million for Q1 2024. For the prior quarter, Q4 2023, it reported net income of $113.1 million and total revenues of $166.7 million.

1. 01

   The company reported net income of $114.4 million ($4.97 per diluted share) and total revenues of $174.1 million for Q1 2024. For the prior quarter, Q4 2023, it reported net income of $113.1 million and total revenues of $166.7 million.

2. 02

   The company said water segment revenues reached a record $62.7 million in Q1 2024. It said water sales revenue rose $10.7 million from the prior quarter, and it attributed the increase to water sales volumes growing 31.3%.

3. 03

   The company said oil and gas royalty revenue fell $6.6 million from the prior quarter, and its share of production was 24.8 thousand Boe per day in Q1 2024, compared with 26.3 thousand Boe per day in Q4 2023.

4. 04

   The company presented Adjusted EBITDA of $152.0 million and free cash flow of $114.5 million for Q1 2024. It also said it paid a quarterly cash dividend of $1.17 per share and repurchased $10.3 million of common stock.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.