Industry Risks NGL Overbuild as Growth Slows
US NGL infrastructure has quietly transitioned from tight to overbuilt. While production continues to grow, the pace has moderated significantly…
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East Daley regularly updates Midstream Company Financials. Clients get access to Preview and Review Reports and Models on each company. This is an example of a previous report on Kinetik Holdings.
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Kinetik Throws Cold Water on Gulf Coast Express Expansion
Executives with Kinetik Holdings (KNTK) talked down a possible expansion of the Gulf Coast Express Pipeline (GCX). During the company’s 4Q22 earnings call this week, KNTK management demurred on a future GCX expansion, stating that a new greenfield project out of the Permian Basin would be more appealing to upstream operators.
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