Perhaps a silly question, but what stops WCN from taking market share from SES? Is it not a risk if WCN would build their future assets closer to the Canadian oil sands (assuming they get all the approvals), thus making them a more attractive alternative than SES, or are the majority of SES's assets already located at optimal locations that would protect them from this ever happening?
It’s not the oil sands that drives these businesses, it’s vertical and horizontal drilling. Assets are already located. There’s no overlap except for each has a mothballed facility in the other’s territory, so you mess with me and mess with you dynamic.
Perhaps a silly question, but what stops WCN from taking market share from SES? Is it not a risk if WCN would build their future assets closer to the Canadian oil sands (assuming they get all the approvals), thus making them a more attractive alternative than SES, or are the majority of SES's assets already located at optimal locations that would protect them from this ever happening?
It’s not the oil sands that drives these businesses, it’s vertical and horizontal drilling. Assets are already located. There’s no overlap except for each has a mothballed facility in the other’s territory, so you mess with me and mess with you dynamic.