ADES一季度业务增长强劲

中国石化新闻网讯 据石油和天然气管道新闻5月28日消息，美国石油天然气勘探与生产公司(ADES International)表示，随着该公司赢得新合同以及钻机使用率上升，该公司第一季度的运营表现强劲。

该公司表示，截至3月31日的季度营收达到1.087亿美元，高于上年同期的4,120万美元。利润率与预期相符，但没有透露净利润数据。

该公司现金减少至2,360万美元，净债务为5.332亿美元，因该公司完成了在阿尔及利亚和伊拉克对Weatherford的收购，收购金额为7,200万美元，同时进行了与收购相关的资本支出计划。

ADES首席执行官Mohamed Farouk博士表示：“今年第一季度，我们实现了强劲的经营业绩，收入增长显著加快，同比增长近3倍，我们的业绩得到了钻机使用率稳步上升和2018年收购贡献不断增长的支持。”

程张翔 编译自 石油和天然气管道新闻

原文如下：

ADES sees strong Q1 operational growth

ADES International, oil and gas drilling and production company, said it saw a strong operational performance in the first quarter as the company won new contracts and rig utilisation rose.

The company said revenue in the quarter ending March 31 reached US$108.7 million, up from $41.2 million in the year ago period.Its profit margins were in line with expectations, ADES said without revealing a net profit figure.

Its cash decreased to $23.6 million with a net debt of $533.2 million as the company completed acquisitions from Weatherford in Algeria and Iraq for $72 million and also carried out planned capital expenditures related to the acquisitions.

“We delivered a strong operational performance in the first quarter of the year, significantly accelerating revenue growth which increased by almost threefold compared to Q1 2018,” said Dr. Mohamed Farouk, Chief Executive Officer of ADES International. “Our results were supported by the steady ramp up of utilisation rates and the increasing contribution from the 2018 acquisitions.”