Post by
TVR on Aug 06, 2021 11:37am
Q2 Results Conference Call
Listened in to the Q2 results conference call yesterday. No information or insights in the presentation that were not in the press release. Only one analyst (Robert Quan/RBC) asked questions. The usual question on whether Pipestone will be expanded and the answer was essentially the probability is now greater than 50% there will be an expansion. Asked about likelihood of contingent payouts to Husky/Cenovus from PGR and answer was TWM do not think there will be any contingent payout liability.
No other analyst questions - probably due to the Renewables IPO process and analysts being restricted from comenting while their firms are involved in the IPO marketing. Joel did say they have good institutional support for the IPO and "expect it to be completed" in August. All in all, a very short Q2 call (only 16 minutes!).