This is a sad story here. JE must have know the risk of what happened,”Texas weather event” , but also must have never thought it would happen.
Also sad that it forced several companies into bankruptcy with no regard. Texas energy rules and regulations, or lack of, really need to be fixed. No way several financially sound companies should have to pay the price of insolvency due to a 10 day “weather event”. And NEVER should a customer be charge 1000’s of dollars for electricity in USA.
All around pathetic.....
My opinions are just that......my opinions. Good luck to all investors/traders.