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Copano Energy LLC Message Board

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  • rrb1981 rrb1981 Oct 12, 2011 10:19 PM Flag

    Can CPNO reach 1.0 coverage ratio in 3rd quarter 2011?

    They had a coverage ratio of .97x in the second Q. They have made a lot of progress since the disasterous Canterra acquisition. I have no clue what kind of coverage ratio they will have for the 3rd Q, but I am guessing it won't be less than .90x coverage. I would expect, as the press release notes, Eagle Ford continues to ramp up, I would expect CPNO to continue to thrive and grow.