We all get it that NGL is a major growth area, but the associated gas is not a focus considering that we are selling off natural gas pipelines. When are we going to acknowledge that the Colorado assets are way too capital intensive to maintain. DCP d-mbly lead the short term build out in CO but ignored the consequences of the ever present air regulations.
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@zk isn’t that $1.5B spoken for with the WRB cenovus buyout? And the pinnacle purchase. Whatever proceeds are coming is already earmarked to go out the door.
It will happen when Elliott replace him mid year next year. That will be the turning point for the company.
Why wonder…. He has to pay off his penalties, including interest. Wonder when that will be included in the quarterly results.
I’m wondering what Go Go plans on doing with the $1.5 billion P66 received from the sale of 65% of Jet.
I hope he makes a good deal on something.
Then again it’s Go Go so there may be no plan at all.
Midstream hasn't hit their lofty numbers promised, because whoever did the due diligence to buy DCP should have seen their 'profits' were smoke and mirrors and not sustainable. Now P66 MS is stuck with the junk heap and worse yet the management too.
And we put their people in charge of Midstream! lol. The DontCarePeople. Bankruptcy and idiocy!
Ignorance is bliss.