who thinks they will cut...
its better if they cut Div, for long term and share of the stock.
why is it best to cut div
It will be cut 100%. How much is open but it will be significant.On the call management said they want to lower debt load or deleverage. So I would expect the coverage ratio of the new distribution to be high with more variable DCF going to pay down debt.I see the $0.40 a guess and as good as any other. With cost savings I would tend toward $0.50. But my guess is no better but I would think $0.40 is very conservative.
A 100% cut would be $0.00