Plains Deal Transforms Keyera into NGL Powerhouse
Keyera’s (KEY.TO) $3.75B acquisition of Plains All American’s (PAA) Canadian NGL assets transforms the company into a coast-to-coast powerhouse with…
Equity
Canada’s Anniversary Wish: More Trans Mountain Expansions
Happy anniversary, TMX. One year out from the widely anticipated looping project, Trans Mountain Pipeline is weighing further expansions to…
ET Lawsuit Clouds Bright Outlook for Kinetik
Kinetik Holdings (KNTK), among the shining stars in midstream, faces a lawsuit by Energy Transfer (ET) that challenges one of…
PAA Sells NGL Assets for $3.75B. Who’s Next for the All American Team?
Plains All American will inject ~$3.0B of proceeds into its war chest following the announced sale of its Canadian NGL…
ONEOK Buying Spree Continues with Delaware JV Acquisition
ONEOK is acquiring the remaining 49.9% interest in its Delaware Basin joint venture from NGP XI Midstream Holdings, LLC for $940MM.
EPD Refused License to Export Ethane. What is the Risk to Midstream?
The Department of Commerce has denied Enterprise Products an export license for three ethane cargoes to China.
Kinetik Rides Post-Earnings Momentum
Energy Transfer, Enterprise, Equity, Kinetik, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note
Kinetik Holdings (KNTK) shares have traded higher following its 1Q25 earnings update, boosted by bullish CEO commentary.
All Aboard the Power Express: Next Big Transco Project Targets Data Centers
Williams rolled out its next big expansion, the Power Express project on the Transcontinental pipeline, in the company’s 1Q25 earnings…
Wider Propane Spreads Likely to Boost ONEOK
Exec Summary: Market Movers: ONEOK could see upside from wider Conway-Mont Belvieu propane spreads. Rigs: $60 oil prices and market…
What’s Matterhorn Worth? At Least $5.5B Based on Devon Sale
Devon Energy has agreed to sell its 12.5% equity interest in Matterhorn Express for $375MM, placing a marker on the…