Loews’ Boardwalk Pipelines Exposed to High Customer Concentration Risk in 2025 Revenues
Loews (L) has disclosed a new risk, in the Demand category.
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Loews faces concentration risk at Boardwalk Pipelines, as one customer accounted for at least 10% of its 2025 operating revenues and the top ten customers under firm agreements represented about 66% of projected operating revenues. If any major customer experiences financial distress or fails to meet payment and credit obligations, Boardwalk Pipelines’ revenues and financial condition could be materially harmed.
The average L stock price target is $49.41, implying -55.07% downside potential.
To learn more about Loews’ risk factors, click here.
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