NuStar Guidance: More Conservative than Texas
NuStar provided weak 2023 guidance for its Permian crude gathering system, in contrast to East Daley’s more optimistic outlook for…
Equity
A Sneak Peek at Targa Ahead of the Tape
East Daley expects Targa to report 4Q22 earnings on the low side of guidance due to lower commodity prices and…
Arctic Blast Brings a Chill to ONEOK Earnings
December’s Arctic blast will likely dampen 4Q22 earnings for midstream company ONEOK.
Alliance Pipeline: Full Pipe, Falling Outlook
Despite a strong performance, East Daley has lowered our outlook for the Alliance Pipeline due to several significant contract roll-offs.
A Good Stroke of Timing for Williams
Williams’ (WMB) purchase of MountainWest Pipelines comes at a fortunate time.
Top Stories of 2022: Targa Acquiring Lucid Energy for $3.55 Billion
Targa Resources (TRGP) is acquiring Lucid Energy for $3.55 billion. We see a great strategic fit that could create opportunities…
Top Stories of 2022: Enterprise-Navitas Deal Bumps 2023 EBITDA
East Daley Analytics expects the $3.25 billion acquisition of Navitas Midstream to generate a significant 2023 EBITDA upside for Enterprise…
Tallgrass Buying Ruby Pipeline at Fair Price
Tallgrass Energy submitted a winning bid to purchase Ruby Pipeline out of bankruptcy, outbidding rival Kinder Morgan (KMI).
Plains to Sell Alberta NGL Assets; We Model Supply Growth for Canada
Plains All American (PAA) will sell its 21% interest in Keyera Fort Saskatchewan back to Keyera (KEY) for $270 million.…
Williams’ MountainWest Purchase is a Bet on Rockies Upside
Williams (WMB) will acquire MountainWest Pipelines from Southwest Gas (SWX) for $1.5 billion in cash and debt. East Daley sees…