Risk Factors Update Summary
- Risks from climate change initiatives may limit demand for petroleum products, impacting operations significantly.
- The pace of natural gas infrastructure development could reduce expected crude oil production growth.
- Increased focus on ESG sustainability could constrain capital raising and negatively impact unit price.
- Laws affecting hydrocarbon activities may reduce domestic oil and gas production, affecting demand.
- Changes in interest rates could adversely affect financial position, cash flows, and profitability.
- Increased scrutiny on ESG practices may lead to reputational damage and financial impacts.
- Legislative actions on hydraulic fracturing could impact crude oil and natural gas production.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1581990&owner=exclude
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