hope everyone is well. 6 months in the keys and bahamas. just awesome.
I'm a gas bull but on gas I can't see how we don't end up re-testing gas 2.0. energy complex is a mess. coal companies going bankrupt, oil pretty beat up, so I'm not too optimistic about gas making any kind of a run anytime soon. rig count cuts are there but doesn't seem to affect supply much.
PPL either gonna look like a decent toll road model like ENB or get bought out. Investors hated ENB for its model when first attempted but after posting solid results consisiently it has done well. Anyone got any serious thoughts feel free to let them rip.
I'd add that uploading a lot of coal generation is pretty smart as coal gets regulated into oblivion. just look at btu,or aci or patriot.
hey black good to had from you, doing good over here. yes we are extreme backlogged in conversions. no italy for me this year, just spent 6mo in the keys and bahamas. been a PPL holder for a long time. this is gonna fly or get bought. solid PPL margins are screaming to private equity. If you wanted to sell a company like PPL you'd have to decouple power gen first.