Q: Hello Team,
Which of these two would you expect to give the best total return over the next couple of years. Would you look at both as buys today?
Thanks,
Barry
Which of these two would you expect to give the best total return over the next couple of years. Would you look at both as buys today?
Thanks,
Barry
5i Research Answer:
We would be comfortable with both. The return will be largely based on commodity movements, with TOU more natural-gas focused. We would side with TOU today, as it may take a while for the WCP/VRN merger to bear fruit.