% | $
Quotes you view appear here for quick access.

Eagle Rock Energy Partners, L.P Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • youcanpickum youcanpickum May 4, 2009 7:35 PM Flag

    valuation comments

    I'm simply looking to see volume dry up and then the earnings to come in close to expectations. A discussion of the use of funds to pay down debt and the explanation of the subordinated shareholders conversion rights would be interesting. What I mean is that the subordinated shares cannot convert until some time in 2010, I believe, and can't do so unless certain payment levels are acheived. If they had not cut the dist., they would have been on track to convert. So I want to know if the subs will extend the subordination period longer to protect the common considering circumstances. (I'm sure the answer is no.)

    SortNewest  |  Oldest  |  Most Replied Expand all replies
1.740.00(0.00%)Oct 8 3:59 PMEDT