RE:RE:Bruce Campbell - BNN - PAST TOP PICKCuting the divy will have an impact on share price as some investment funds need to hold only equities that pay a divy. That said, Tidewater Midstream portfolio of assets will struggle going forward as ST13's are showing properties that are stressed or appears to be stressed by the numbers.
- Goodfare & Valhalla are the only properties outside of Tidewater core area, thinking that these properties will be sold in the near trerm.
- BRC frac palnt has been shut in for sometime now, not sure what is happening here.
- Paddle river gas palnt has been shut in for modst of the year, this one is looking the most stressed of the properties.
- Tidewater renewables-, one of there facility has been shut in and restarted on and off, not sure what is happening there also.
We will just have to monitor these assets in the ST13's to see if Tidewater midstream properties are producing the way they are intended to produce. So far there are some dead invested capital here.