Thread regarding Williams Cos. layoffs

CHK bankruptcies

When CHK goes down what does that mean for Williams’s as a midstream company?

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Post ID: @OP+15qIzGiA

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Lower fees and shut down wells means a loss of revenue and Lower profits.

Post ID: @7bld+15qIzGiA

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.

Post ID: @4max+15qIzGiA

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