Latest News

April 7, 2017

Waha Facts are the Facts, are the Facts?: The fact that Waha cash basis has weakened to ($0.30) behind Henry Hub so far in April signals that gas production is growing in the Permian……

Sitting on the Dock of the Bay: Enterprise Products Partners (EPD) announced two projects this week to transport and store ethylene on the US Gulf Coast. EPD is repurposing a high capacity storage well at its Mt. Belvieu complex for ethylene service, which will be completed in 3Q18………

TEP Makes Good on a NY Resolution & Has More REX: Tallgrass Energy Partners, LP (TEP) announced on Monday it acquired an additional 24.99% interest in REX from Tallgrass Development, LP for cash of $400mm and its share of REX’s gross debt totaling $2.6B, effective 3/31/17……..

Bringing SXE Back: Southcross Energy Partners equity price is up by more than 215% over the past year and more than 130% in just the last three months to a market cap of about $250mm…….

Stayin’ Alive: EXCO (XCO) recently jumped on the radar after adding three rigs to its acreage in Haynesville. The rig adds come after a long hiatus of no drilling for the company which has seen production slip lower the last year……

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