David from Kingdom Capital on UNTC
Yet Another Value Podcast
Could Drilling and Upstream Be Split Apart?
A 50 % of the minstium segment is owned by partners group, which is a private equity firm. And in may of 20 23, they will have the option to fot the sale of that segment. Yet, the partners group owns a 50% interest in their superior pipe line,. The ownership interest is a preferred interest. Til partners i entitled to a seven % preferred return on their 200 investment from 20 18. A, they will be hitting the five year mark on that in april and that's the point where they have theoption to enforce the sales process.
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