Lower Volumes Aren’t Always a Bad Thing
New Texas Railroad Commission (TRC) data indicates volumes continue to fall on NuStar’s (NS) Eagle Ford crude pipelines, but one…
Equity
A Hawkeye View of Kinder Morgan Ahead of 2Q Results
Kinder Morgan (KMI) has been on a roll of late, beating market expectations for 1Q23 earnings. Will momentum continue in…
Trans Mountain on Track to Boost Oil Flows in 1Q24
An expansion of the Trans Mountain Pipeline is on track for completion in early 2024, providing a new outlet to…
Exports are the Big Prize of OKE-MMP Combo
The merger of ONEOK (OKE) and Magellan (MMP) could reap big profits from exports, according to East Daley Analytics.
OKE-MMP a Fine Blend for Butane Business
ONEOK’s purchase of Magellan Midstream should create compelling synergies in butane blending.
O Synergies, Where Art Thou? OKE-MMP Combo has Investors Lost
ONEOK’s plan to buy Magellan Midstream has gone down like a lead balloon with investors skeptical of the potential synergies…
ONEOK Joins Midstream Elite with $19B Magellan Purchase
ONEOK’s (OKE) $18.8B acquisition of Magellan Midstream Partners (MMP) places the company at the head table in Midstream.
Kinetik Puts GCX Pipeline Stake on the Block
Kinetik (KNTK) will likely begin marketing its 16% share in Gulf Coast Express Pipeline (GCX) this quarter.
NextEra to Sell Gas Pipeline Assets
NextEra Energy Partners (NEP) plans to divest its natural pipeline assets and transform into a 100% pure-play renewables investment.
Exports, Marketing Drive a Big 1Q23 Beat for Targa
Midstream is a complex profit machine, a reality underscored by Targa Resources (TRGP) big 1Q23 beat. TRGP reported 8% above…