When CHK goes down what does that mean for Williams’s as a midstream company?
2 replies (most recent on top)
Lower fees and shut down wells means a loss of revenue and Lower profits.
Probably lose a good chunk of money based on fees that CHK never paid/is behind on and then contracts will potentially have to be renegotiated to relieve contract commitments and hopefully incentivize "new chk" or a new producer to pick up the assets and keep producing.