Running hot in customers' hands: existing deployments are being used harder than they were sized for
The model's full reasoning — Q4 2015 call → NOWe need to determine if management describes that the company's product/service/capacity is being used more intensively by existing customers than originally planned, with observable current usage behavior. Key points from transcript: - Barry mentions bringing on additional 100 MMcf at Cana plant to support Devon's production, and record volumes in November through January due to hard work and flexibility. This suggests higher usage than planned? But it's a specific event (weather) and record volumes. However, it's about supporting Devon's production, which is existing customer. But is it described as a pattern? He says "we had record volumes" - that indicates higher usage. But is it attributed to a one-time spike? He mentions severe weather, but also says "record volumes" - could be a spike. However, he also says "the flexibility of our operations and our ability to operate when our competitors were not" - that suggests they handled more due to weather, but it's a temporary condition. Also, it's about a specific plant and a specific period. Not a broad pattern. - Mike discusses guidance and mentions "we see many opportunities to expand and grow" in Oklahoma, but that's about growth capital, not existing usage. - Steve Hoppe mentions "we definitely have some upside associated with our POP contracts in the Permian" - that's about commodity price upside, not usage intensity. - Mac Hummel says "we entered the basins we did because we felt like they were the right basins" - not about usage. - No mention of existing customers using more than planned in a sustained way. The only mention is the Cana plant record volumes, but that's a specific event and weather-related. Also, it's about supporting Devon's production, but it's not described as a broader trend of existing customers consuming more. - There is no mention of customers outgrowing capacity, or usage per account growing faster than accounts. The growth is described as new opportunities, new areas, new plants (Lobo II, Riptide) - that's new capacity for new customers or new areas, not existing customers using more. - The transcript focuses on stable cash flows, fee-based contracts, and growth in core areas. No explicit statement that existing customers are using more than originally planned.
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TJX · Q2 2021 → YESThe question is about whether management describes that the company's product, service, capacity, or offering — already deployed with existing customers — is being used more intensively than originall...
WES · Q3 2018 → YESThe question is about whether management describes that the company's product, service, capacity, or offering — already deployed with existing customers — is being used more intensively than originall...
BCE · Q2 2017 → YESThe question is about whether management describes that the company's product, service, capacity, or offering — already deployed with existing customers — is being used more intensively than originall...