who thinks they will cut...
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
its better if they cut Div, for long term and share of the stock.
why is it best to cut div