Best of 2023: (Please Don’t) Drill Baby Drill
Natural gas futures are falling hard, breaking below the $3/MMBtu level. The decline was inevitable, according to East Daley models.
Dirty Little Secrets
OXY-CrownRock Tie-up a Bad Omen for Permian Rigs
Rig counts in the Permian Basin have declined by 69 rigs YTD2023, mostly as a result of M&A activity in…
Midstream is Ripe for More M&A
Dirty Little Secrets, Enterprise, Equity, Kinder Morgan, Natural Gas, Targa, The Daley Note, Williams
Midstream is seeing robust M&A activity, a trend East Daley Analytics expects to continue in 2024. The new Dirty Little…
Only a Matter of Time for Targa
Despite a disappointing 3Q23 earnings, East Daley continues to expect strong growth from Targa Resources as it follows a formula…
Who Will Handle Growth from the Exxon-Pioneer Giant?
ExxonMobil plans to keep growing in the Permian Basin following its purchase of Pioneer Natural Resources (PXD).
Mach IPO Highlights Tier 2 Potential
Mach Natural Resources launched an IPO last week, raising nearly $172MM. The offering reflects growing investor interest in the E&P…
(Please Don’t) Drill Baby Drill
Natural gas futures are falling hard, breaking below the $3/MMBtu level. The decline was inevitable, according to East Daley models.
Dirty Little Secrets Preview: Who Gives a Frac?
Planned fractionation expansions are no match for NGL production growth in 2023, which East Daley expects will lead to tight…
Dirty Little Secrets Preview: Sky’s the Limit for LNG Exports
A bright outlook for LNG exports drives East Daley’s long-term natural gas demand forecast in the 2023 Dirty Little Secrets…
DLS Preview: The Bottom is in for Crude Transport Rates
East Daley sees a bottom for shipping rates on crude pipelines exiting the Permian Basin, according to our 2023 Dirty…