RE:ATBI can't even make sense of what the analyst is talking about--Mr. Heywood says in a note: "Ahead of the Q1/23 reporting season, we have revised several of our estimates to capture current macro trends and product pricing considerations. In general, we expect midstream names to benefit from volume growth across the WCSB but expect modest pricing impacts for marketing and commodity-exposed cash flows, given the tempered pricing environment. We saw modestly tighter crack spreads sequentially for names with refining exposure, given lower fuel pricing and rising compliance costs. The power producers realized another strong Alberta merchant environment, driving quarterly estimates higher for exposed names. Overall, we continue to view energy infrastructure names as defensively positioned given their contracted cash flows. However, as volume and basin activity remains supportive, we expect growth considerations to gain momentum."