Curtailment Boomerang: Kinetik Poised for Gains as New Pipes Unclog the Permian
Negative Waha hub prices prompted some Permian producers to shut-in wells earlier this year, a factor that has weighed on…
Equity
ONEOK Acquires Brazos’ Midland Assets for $4.43B, Preps for More Deals
ONEOK has entered into an agreement to purchase Brazos Midstream’s Midland Basin assets for $4.425B, continuing its rapid expansion via…
Worth Its Salt? Enbridge Moves Upstream in $600MM Permian Deal
Enbridge has reached a deal to acquire Salt Creek Midstream’s crude oil gathering business for $600MM. The deal gives ENB…
$5.5B Momentum Deal Gives Williams More Leverage in the Haynesville
Williams will buy Momentum Midstream from EnCap Flatrock Midstream for up to $5.5B. The acquisition kills two birds for WMB:…
Shell, Phillips 66 Test Market for Explorer Pipeline Stake
Shell and Phillips 66 are testing interest in their combined 60.5% stake in Explorer Pipeline at a valuation near $3.5B,…
Twin Eagle Deal Moves EXE Downstream as a Top Marketer. Is Midstream Next?
Expand Energy has reached a deal to purchase marketing and energy services company Twin Eagle Holdings from Five Point Infrastructure.…
Momentum Midstream is a Bet on the Haynesville LNG Corridor
Momentum Midstream is reportedly the subject of a $5.5B pursuit, with Williams named as the rumored buyer. The more durable…
Midstream Carries a Hidden Upstream Bet
Midstream has long touted its stable earnings stream, built on fee-based infrastructure contracted to ride out commodity cycles. In parts…
San Mateo Midstream Acquires Cardinal Midstream
Matador Resources (MTDR) announced today that San Mateo Midstream has entered into an agreement to acquire Cardinal Midstream for $752MM…
Matador Teases a San Mateo Spinoff
Matador Resources is weighing a spinoff of San Mateo Midstream, management disclosed on its 1Q26 earnings call. The move would…