February 1, 2017 — East Daley Capital Advisors, Inc., an energy assets research firm redefining how markets view risk in midstream energy companies, announced a new report: “Dirty Little Secrets: Lifting the Covers on Midstream Energy Company Risk.” The report details 23 prominent companies in the midstream space and subdivides them into a detailed asset-level view that provides key insights for 2017.
“Typically, energy financial analysts examine SEC filings, company presentations and press releases to ascertain the information needed to determine a company’s level of risk,” said Justin Carlson, VP and Managing Director, Research at East Daley Capital. “However that information just scratches the surface and what lies beneath can reveal more actionable insights. Our report quantifies exposure to commodity markets by asset and provides the basic tools for understanding a company’s true risk components.”
For example, by breaking down a company’s macro reported gas gathering and processing (G&P) segment by system within a basin, East Daley can uncover information about counterparty risk, minimum volume commitments, declining well profiles and intersegment synergies. This data allows investors and financial analysts to more accurately evaluate future risk to a company’s cash flow.
Key findings in the report include:
East Daley’s asset-level allocation model, combined with in-depth analysis, brings greater transparency to the midstream energy financial market by providing investors with deeper, more accurate data to inform their investment decisions.
For more information or to access the report, visit: Dirty Little Secrets: Lifting the Covers on Midstream Energy Company Risk.
About East Daley Capital Advisors, Inc.
East Daley Capital is an energy assets research firm that is redefining how markets view risk for midstream energy companies. In addition to using top-level financial data to predict a company’s performance, East Daley delivers asset-level analysis that provides comprehensive, fact-based intelligence. Supported by a team of unbiased, experienced research analysts, East Daley provides its clients unparalleled insight into how midstream companies operate and generate cash flow. East Daley uses publicly available fundamental data and intersects that data with a company’s reported financials to break midstream companies down to asset-level cash flows. The result allows for more informed portfolio decisions. Founded in 2014, the company is based in Centennial, Colorado. For more information visit http://www.eastdaley.com.