Cabot Turnaround Letter 321

Cabot Turnaround Letter

You are trying to access subscriber-only content.

If you are a subscriber, log in here.

If you are not a subscriber, click here for your subscription. Subscribers will have unlimited access to our magazine articles and more!

Article Excerpt

We are modestly optimistic on energy prices – domestic production will likely remain subdued while global demand has essentially returned to pre-pandemic levels even though some petroleum-driven demand for gasoline and jet fuel hasn’t fully recovered yet.


  • Altria already owns a 45% stake in Cronos, and there is the chance that they will buy-in the remainder. But, they seem to also favor part-ownership in these types of companies to reduce their financial risk and to help retain the business’s entrepreneurial spirit.

You must be logged in to post a comment.