Thread regarding Williams Cos. layoffs

CHK bankruptcies

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

by
| 1055 views | | 2 replies (last )
Post ID: @OP+15qIzGiA

2 replies (most recent on top)

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

by
|
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.

by
|
Post ID: @4max+15qIzGiA

Post a reply

: