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.…
Equity
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…
A Small FERC Rate Change Could Slash $1 Billion from Pipeline Earnings
The Federal Energy Regulatory Commission’s latest oil pipeline index reset looks small on paper. In reality, it could remove more…
When Production Grows, Who Gets Paid?
Energy investors know the growth story. Permian volumes are rising. Producer activity is shifting, and new wells are coming online.…
KMI’s Monument Acquisition Adds Stability to Choppy Texas Outlook
Kinder Morgan’s $505MM acquisition of Monument Pipeline will make the company’s Texas gas earnings more durable as its marketing unit…
Kinetik’s Fat Profits on Borrowed Time as New Permian Pipes Loom
The rapid expansion in Permian gas pipeline egress in 2026-27 will help the basin’s producers but may put the kibosh…
The Price Isn’t Right for Traverse Midstream
On March 31, Abu Dhabi-based 2PointZero entered a deal to acquire Traverse Midstream for $2.25B, gaining a foothold in the…