Chesapeake Midstream Partners LP continues to benefit from what the company’s CEO Mike Stice calls a low-risk business model. The company secured $56.8 million in minimum volume commitments from its customers in Q4 2010, which highlights the company’s ability to withstand any changes in focus from producers.
“We continue to see a shift in drilling activity from the dry gas in the Barnett shale to the liquids-rich plays in our Mid-Continent and Permian [Basin] regions. With our Barnett revenue protected by our contractual terms, we actually benefit from the additional ...