CPX-T: Any headwinds that you are aware of to challenge it’s growth?

0
0
Marked as spam
Asked on September 27, 2022 7:40 am
3 views
0
Private answer

Hey there,

As a utility, CPX is facing the same challenges as every other utility at the moment. As a high-CAPEX company, growth may be be negatively impacted by rising rates. The higher the interest rates, the more expensive it becomes to borrow - simple as that.

That said, this isn't unique to CPX - all high-CAPEX companies are dealing with the same headwinds. Overall, CPX remains a high quality company and outside of that, I am not aware of any issues related to its growth prospects.

Of note, I hold CPX and have no intentions on selling.

Mat

Marked as spam
Posted by Mathieu Litalien
Answered on September 28, 2022 5:46 am