UPL may be turning a corner | UPL Message Board Posts

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Msg  37997 of 38006  at  7/10/2019 1:08:05 PM  by

Petroeng


 In response to msg 37994 by  Petroeng
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Re: UPL may be turning a corner

 UPL to survive has to CF to avoid breaching covenants.  To do that Q3 NG prices have to be north of $3.  We will see the impact of heat on SoCal pricing with the much lower storage capacity they have.  This exacerbated the move down, but will drive NG higher when needed.  Question is will that drive Opal pricing?  Heat wave the next ten days will tell that story - WS has bet the other way, looking at the share price.  The dice are rolling.  
 
 
 


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Replies
Msg # Subject Author Recs Date Posted
37998 Re: UPL may be turning a corner - NG starts spiking in the heat Petroeng 0 7/10/2019 5:36:47 PM
37999 Re: UPL may be turning a corner RedSox10NYY3 1 7/10/2019 8:44:17 PM


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