Dividend investing for retirement Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (31752)	7/25/2019 10:47:54 PM
From: Elroy	1 Recommendation Recommended By E_K_S of 34328

Need to listen to their conference call to get more of the details on the status of all their CapX projects. Easier to read it here: seekingalpha.com Prepared remarks Turning to capital spending. During the second quarter of 2019, we spent $2 million on capital projects which was primarily maintenance capital. We continue to estimate total capital spending for 2019 to be approximately $20 million to $25 million, excluding turnaround spending. In the fall, we have a planned turnaround at East Dubuque, which we expect will cost approximately $7 million. Q&A we are planning a 28-day $7 million turnaround at our East Dubuque facility starting in September and are focused on a significant upgrade of our natural gas reformer and various other reliability and repair projects. Over the next several turnarounds at both of our plans, we will be targeting projects that are intended to improve our reliability and debottleneck the plants in incremental ways to gain added production for our low capital investment. Our plants have been strong performers in the past several years but we know we can do better in the future.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next