SXE

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Wolfdog2
Posts: 43
Joined: Sat Apr 20, 2013 8:08 pm

SXE

Post by Wolfdog2 »

Dan, The units of this pipeline company have been ripping lately. I still hold some and bought originally on your recommendation, so I wondered if you have any current thoughts about the company?
dan_s
Posts: 37278
Joined: Fri Apr 23, 2010 8:22 am

Re: SXE

Post by dan_s »

Sorry, I do not follow SXE anymore. Go to their 10-Q for the 3rd quarter and see if they have positive cash flow from operations and if they are able to service their debt. If so, they should make it as activity should be picking up in the Eagle Ford.

SXE is a midstream company which primarily services producers in the Eagle Ford.
Dan Steffens
Energy Prospectus Group
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