Does anybody know how much of STWS pipeline business is still tied to the oil industry??
As oil price collapses even more, many Big Boys are feeling the pain.
Kinder Morgan loses 60% of it value in the past few months:
"The nation’s biggest pipeline network, Kinder Morgan was supposed to be a relatively simple business, collecting tolls on the oil and gas moved through its 85,000 miles of pipes"
My only remaining oil play Atlas Resource Partners (ARP) has been desecrated in this same time period.
I know STWS is trying to move to water, but this hasn't happen yet.
Is their survival still overly depended on the pipeline business??
So, no more "IF's" about it
STWS needs to announce big water contract soon!
