Back of the envelope investment Summary - Summit Midstream Partners (SMLP) owns midstream infrastructure assets primarily to gather, process, and transport natural gas and crude oil. Due to the high…
Back of the envelope investment Summary : ARC Document Solutions provides digital printing, scanning & imaging, and managed print services. It had approximately 32 cents of FCF in 2021, corresponding…
Black Stone minerals is a large mineral royalty company with minimal CAPEX requirements and low debt, and it produced 16 to 18 percent distributable cash Flow( DCF) even during covid panic year 2020. 75 % of its revenue is from natural gas which has longer leeway than Oil. They collect 20 to 25 % royalty on revenue of oil or gas produced from the land they own/leased. Management is shareholder-friendly, conservative and does not seem to be interested in taking risks