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Constellation Energy Partners, Ltd. Şti. Message Board

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  • rrb1981 rrb1981 Sep 7, 2008 4:55 PM Flag

    looks like we're head for a 12 handle

    Yes, some MLPs are more liberal with defining coverage ratio. I am optimistic that they will be able to grow production enough to get to a true 1.0x coverage ratio. Keep in mind that they have 22 million units, so they really only need to boost annual cash flow by 4 or 5 million to get out of the woods.

 
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