they completely flipped the capital structure, coverage ratio back to 1.2, hit daily guidance 18.5k barrels, reserves up 10%. 70 million east texas bolt on. These are what is going to push unit price up, no longer high risk / high yield.
mid guidance was even better 19500-020000 bpd this 7-8% higher without any more drop downs or acquisitions.
the management incentive deal could be good but they don't set the bar very high to achieve it.... basically just keep dist coverage flat and dist flat as well. i would like to see some higher (achievable) goals, like raise dist by 7-8% and keep dist coverage above 1.1