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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (200608)	3/19/2020 6:10:08 AM
From: Elroy	Read Replies (1) \| Respond to of 206181

They all have debt payments to make and revenues at current prices won't cover those expenses Pipeline company revenues depend on volumes or value of transport? If the price of oil falls, the pipeline company receives less revenue for the same volume?

To: Elroy Jetson who wrote (200608)	3/19/2020 8:41:57 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 206181

You wouldn't happen to know how OKE's bond bond offering went would you? They had a spread of various durations that were offered the Wednesday or Thursday before the weekend Saudi/Russia price war but the settlement date was the Tuesday after the oil prices collapsed. If they pulled it off, they might be ok but if everyone backed out, then things could be a lot different. ET doesn't have anything coming up this year but has 1.5 Billion due next year. I think they have another 3.5 billion in 2022. With prices already so low, I don't see why they couldn't just suspend the dividend and start paying off all the debt to ensure they can weather the storm.