Thought the gearing was higher, but in any case, with underlying commodities crashing, any debt is unwelcome. The rating agencies have a less than favourable rating of BBB+ (? at last check). Re Stonepeak, and associated cash flow, not as certain as that, WDS historically not all that accomplished with these major corporate transactions. Devil in the details. Hedging, again what are the precise details, not a full money back guarantee, and if the likes of WDS relying on hedging for existence, then more orange lights flashing.
WDS Price at posting:
$19.44 Sentiment: None Disclosure: Held
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