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…
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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…
Mind the Gap in the Kinder Morgan Outlook
Kinder Morgan (KMI) is guiding to a strong performance in 2023, above East Daley’s forecast for the year ahead. We…
Classic Rewind: Bankruptcy Battle Looms for Ruby Pipeline
East Daley reviews the Ruby Pipeline bankruptcy following a settlement announcement by co-asset owner Pembina Pipelines (PBA).
FERC Keeps Cash Spigot Open for Pipelines
FERC adopts a new policy statement that will limit the ability of pipeline shippers to contest new rate hikes on…