Jul. 28 at 1:34 PM
$NGL when compared to
$WES (also 3 or 4 in 2020) you can see the difference between well managed midstream and whatever NGL is. They earn the same amount of revenue but WES manages to pump out a shocking
$3.50 in earnings per year and accumulate over 1B in cash and pay a 9% distribution. THey also have 3x the debt ngl does but they MANAGED it properly.
