November 11, 2016
Frac is Not Whack, it’s Rational: Third Quarter earnings highlighted a common trend: fractionated NGLs for Targa, Energy Transfer, ONEOK, and Enterprise were all lower (see graph on attached report) Tickers: TRGP, ETP, OKS,EPD…..
STACK it UP: ONEOK Gas Transportation (OGT) is holding a binding open season from Nov. 1 to Dec. 6. Tickers: OKS, ENLK, ENBL…..
Don’t Get Caught with your Plants Down: Southcross announced the shutdown of their Gregory Processing Plant in August and the planned shutdown of the Conroe Processing Plan in 4Q2016 during their earnings call. Ticker: SXE…..
In Drilling, Permian is Still the King: Every quarter we review earnings calls from E&P companies to identify who will be adding rigs and where. This quarter’s analysis shows a continued trend of rig additions through the end of the year….
The Gift that Keeps on Giving: As noted in Targa’s Post-Call report, The West Texas system is likely to see 265 MMcf/d of incremental processing capacity for a total system capacity of 1.1 Bcf/d by YE17. Ticker: TRGP……
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