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Technology Stocks : KMI- a fallen high dividend yielder - for how long?
KMI 21.62-1.1%Jul 23 4:00 PM EDT

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To: E_K_S who wrote (100)7/9/2020 12:22:43 PM
From: robert b furman  Read Replies (1) of 267
Hi E_K_S,

What are your thoughts on what ramifications could a BK customer have?

They have their commodity in the pipeline. They bill monthly.

If a bankruptcy judge wanted to continue the cash flow from continued oil or liquids or natural gas, he'd authorize payment for the services.

Upon complete resolution, the new acquirer of the wells would want to continue transporting. A new contract would be negotiated. The worst I'd see is a small delay that would max out for 30 days?

I'm not at all and attorney, but they do strive to keep a company going, and pay all of the attorneys.

I'd think the pipeline would be the last company to intentionally hurt, as they're providing revenue that will pay the attorneys?

Sort of like being in bed with the right crowd!


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