RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Director election votesCampus are the eastern AB assets from Alatagas? No synergy there, but I wonder if some of those assets could be passed to TWM. Same for whatever remains of Highwood, the crude pipeline and batteries.
TWM assets touch a lot of PPL pipe valves, at Pipestone, PGR and the BRC. For pure operational synergy I'd think that'd make some sense. Simply refinancing the debt would elevate the FCF yield to a ludicrous percent, but the fact that they passed on the PGR sale at the time makes me think they're not interested.
There's a scenario where they go private for no premium, bad for me but good for my taxes I guess. Or they hobble along for several more quarters and can resume growth capex spending, or they sell off more assets: probably nothing in any direction until Q2 of 2020 though.