Above average Quote by Alan Armstrong
“The major changes that will be occurring within the new merged partnership are exciting in many ways. First, we will have the highest forecast distribution growth rate of any of the major MLPs. Second, our coverage will be above average for the same peer group with expected $1.1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices.”
About This Quote
Source Speech: Corporate Presentation, 2016, Alan Armstrong
The partnership will boost growth, coverage, and cash flow while reducing commodity exposure.
In simple terms: New partnership promises higher growth and cash flow, less commodity risk.
Key Takeaway
Leverage partnership strengths for financial stability.
Themes
growth
finance
risk management
partnership
energy
cash flow
Mood
optimistic
confident
strategic
Type
business
financial
strategic
When to use this quote
- executive briefing
- financial planning
- investment decisions
Key Concepts
strategic merger
forecasting
fee-based projects
commodity hedging
Questions to Reflect On
- How will the merger’s integration be managed?
- What risks could affect the projected cash flow?
A Different Perspective
Success depends on effective integration and market conditions.
