They are drawing down on surplus money to meet their obilgations at these current prices.
They can't afford to do this over an extended period.
PS: I'd be concerned about hurting Putin for much longer, he might find a nasty way to break their grip!
I'm wondering why it's getting GUTTED again today and is under performing other LNG shippers. Ive lost a lot on share value
I'm so angry at myself for not taking excellent profits at the time of announcement. I already owned Targa...but I liked it TOO MUCH! Lesson learned...take the market bounch not the deal. You can always buy more later.
I don't know what it is, but suddenly within several months we don't needs Ships, Pipelines, or Processing plants any longer. Simply Amazing...How did I not see this coming....?
There is bad news somewhere for this fast a drop. Off nearly 3%