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In the News

  • Market Fears Create Historic Opportunity for Investors in the Midstream Energy Sector New analysis from East Daley will be key for investors to accurately identify opportunities and quantify risk as the sector is forecast to grow another $10 billion (20%) in EBITDA over the next four years driven by companies like Energy Transfer (ET), Enterprise (EPD), Williams (WMB) and more. Centennial, CO – January 16, 2019 – East …
  • U.S. Oil and Gas Midstream Sector Positioned for Strong Growth Amidst Growing Uncertainties in a Volatile Oil Market East Daley’s forecasted adjusted-EBITDA numbers are above consensus for the majority of the 27 midstream companies covered as tailwinds drive growth despite crude volatility, the downturn in liquids prices, natural gas oversupply considerations and company-specific treadmills in 2019. Centennial, CO – January 8, 2019 – East Daley Capital Advisors, Inc., an energy information and insights provider …
  • Strong U.S. Oil and Natural Gas Production and Global Demand Underpin a Solid Midstream Outlook Heading into 2019 Despite lackluster market sentiment for U.S. midstream companies, energy fundamental tailwinds will propel the sector to new heights in 2019 for companies like TC Pipelines (TCP), Tallgrass Energy (TGE), Enable (ENBL), Pembina (PBA), Enbridge (ENB) and others. Centennial, CO – December 12, 2018 – East Daley Capital Advisors, Inc., an energy information and insights provider …
  • Lack of New Oil and Gas Infrastructure in the U.S. Continues to Limit Upside For Many Midstream Companies Market sentiment has shifted from investors impatiently waiting for increased production from new drilling activity to producers impatiently waiting for additional infrastructure to connect the supply glut to demand centers, particularly on the U.S. Gulf Coast. Centennial, CO – October 25, 2018 – East Daley Capital Advisors, Inc., an energy information and insights provider that …
  • Texas Oil Pipeline to Start in November, Easing Bottleneck (Reuters) – Plains All American L.P. will begin operations on an expanded West Texas oil pipeline on Nov. 1, helping to ease a bottleneck that has weighed on Midland crude prices for months, it said in a regulatory filing. Booming production in west Texas’ Permian Basin, the biggest U.S. oil field, has overwhelmed existing pipelines …
  • Colorado’s Initiative 97 Creates an Uncertain Future for Oil and Gas Companies If Initiative 97 passes in November, the Initiative would have an extensive impact to exploration and production (E&P) and midstream companies that operate in Colorado, including Extraction Oil and Gas (XOG), SRC Energy (SRCI), Western Gas Partners (WES) and DCP Midstream (DCP). Centennial, CO – September 12, 2018 – East Daley Capital Advisors, Inc., an energy …
  • Oil and Gas Production Growth in the U.S. Will Continue to Propel Future Midstream Sector Earnings Recently released analysis suggests strong earnings for midstream companies with exposure to the Permian Basin, including Energy Transfer (ETP), Enterprise Products Partners (EPD) and Plains All American (PAA), are expected to continue from increasing production growth and marketing profits. Centennial, CO – August 29, 2018 – East Daley Capital Advisors, Inc., an energy information and insights …
  • Permian Growth Continues to Fuel Earnings in the U.S. Oil and Gas Midstream Sector East Daley expects strong earnings results for midstream companies with exposure to the Permian Basin, such as Plains All American Pipeline, Enterprise Products Partners, Energy Transfer, NuStar, Targa and Magellan Midstream Partners. Centennial, CO – July 26, 2018 – East Daley Capital Advisors, Inc., an energy information and insights provider that is redefining how markets view …
  • New FERC Guidance a Huge Win For Natural Gas Pipeline MLPs Newly released policy guidance from the FERC (Federal Energy Regulatory Commission) allows for complete elimination of accumulated deferred income taxes (ADIT) from the cost of service equation for MLPs (master limited partnership) and pass-throughs and exempts them from refunding any ADIT to customers, providing a big boost to how MLP earnings are calculated. Centennial, CO – …
  • New Commodity Insights Package™ Now Available for the Permian, Marcellus-Utica, Bakken and Denver-Julesburg Crude Oil and Natural Gas Markets New data and analysis offering from East Daley ties together the U.S. crude oil, natural gas liquids (NGLs) and natural gas markets through a wholistic lens, yielding an unprecedented cross-commodity view, leveraging East Daley’s largest database of energy assets. Centennial, CO – July 10, 2018 – East Daley Capital Advisors, Inc., an energy information and …

Data Insights

  • May 12, 2017 Bridges of Permian Country: In anticipation of growing crude production in the permian, Magellan Midstream Partners (MMP) and Plains All American Pipeline (PAA) decided to expand their JV, BridgeTex Pipeline, from 300Mb/d to 400 Mb/d without any additional committed volumes. (Tickers: MMP, PAA)……..  PRB’s Heritage Blend: Last week Heritage Midstream announced the acquisition of essentially all of …
  • May 5, 2017 Good Morning…Morning…Morning: Enable Midstream (ENBL) plans to ship rich gas volumes produced in the SCOOP/STACK plays south to ETP’s Godley Plant in the Barnett for processing…… Tell Me How to Think About That: As noted in East Daley’s Q1 paper Dirty Little Secrets, Enable Gas Transmission (EGT) has kicked off a large round of pipeline contracts …
  • April 28, 2017 Anadarko Colorado Impact: Anadarko Petroleum (APC) plans to shut- in 3,000 wells in the DJ Basin in response to a house fire that was within 200 feet of a well, which may have been the cause of the house fire that occurred on April 17th. APC’s decision to shut-in vertical production will reduce approximately 35 MMcf/d …
  • April 21, 2017 WPZ’s SuperNova: Williams Partners (WPZ) has agreed to sell its 88.46% stake in Williams Olefins, LLC to Nova Chemicals for $2.1 billion in cash. (Ticker: WPZ)……… Make Hay While the Sun Shines: Kinder Morgan (KMI) disclosed during their 1Q17 quarterly call they signed a new customer that plans to drill on the Kinderhawk system in the Haynesville. (Ticker: …
  • April 14, 2017 Rockies Express Doing Exactly What their Name Says: Rockies Express (REX) has contracted over 0.5 Bcf/d of short-term marketing contracts in March and April as market dynamics are forcing more Rockies gas to flow east into the Midwest……… DAPL Flexes Its Scale: Dakota Access Pipeline filed their initial tariff rates this week giving better insight on their competitive …
  • 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 …
  • March 31, 2017 Pour Some Color On Me – Hess Midstream Partners (HESM) is going public this week after reporting adjusted EBITDA of $6.25 million during FY2016. The company is backed by 7-year MVCs for most of its assets, including the Tioga Gas Plant, and has additional dropdown potential. (Ticker: HESM)…….  Natural Gas Market Getting Tighter? Not So Fast …
  • March 24, 2017 KMI’s New Pipeline Got You Excited? Here’s Some Cold Water – Kinder Morgan announced this week a non-binding open season to build a 1.7 Bcf/d greenfield pipeline from Waha hub in the Permian to Agua Dulce in the Eagle Ford. On the surface the project appears viable, however, looking deeper into the production fundamentals throws …
  • March 10, 2017 One if by Land, Two if by Sea – At Enterprise’s 2017 Analyst Day, EPD provided new details on the proposed Centennial Pipeline conversion. (Tickers: EPD, MPC, SXL)..…….. Producers Staying Tru(deau) To Their Commitments – KMI announced this week that is has increased its cost estimate of the Trans Mountain pipeline expansion from $6.8B CAD to …
  • March 3, 2017 Soooo you’re saying there’s Another Pipeline Being Planned from the SCOOP/STACK? – On their Q4 2016 earnings call, ONEOK (OKS) announced that it was in talks with producers to build a 1.4 Bcf/day pipeline from the SCOOP/STACK area to Bennington Hub in SE Oklahoma. ONEOK’s pipeline will deliver volumes to Bennington, allowing producers to contract …