The Best of 2024: Sunoco’s $7.3B NuStar Deal Opens Options for Energy Transfer
Sunoco’s $7.3B NuStar buy could drive earnings and future synergies with Energy Transfer, adding growth options and refining Sunoco’s crude…
Equity
Uinta Expansions Boost Volumes at WES Plant
Western Midstream (WES) is poised to gain gas processing volumes in the Uinta Basin thanks to recent agreements with Williams…
Wheelin’ ONEOK Sells Gas Pipelines to DTM
DT Midstream acquired ONEOK’s interstate gas pipelines (Guardian, Viking, and Midwestern for $1.2B. East Daley expects asset earnings to grow.
Blackstone Takes $3.5B Stake in EQT Midstream Assets
Blackstone Credit & Insurance has formed a joint venture with EQT Corp. for stakes in several of its midstream assets,…
Kinetik Expansion to Unlock Permian Supply
Kinetik (KNTK) is expanding its operations in New Mexico, building a new pipeline that will link the Durango G&P assets…
KMI, ET Duel to Meet Southeast Demand Growth
Kinder Morgan (KMI) and Energy Transfer (ET) have launched dueling projects to move more natural gas to the Southeast.
Transco Rate Case Keeps the Bulls Running for WMB
Williams (WMB) has filed a rate case for the Transco pipeline with big implications for performance next year. Consensus estimates…
New Name South Bow Fills Investor Niche
South Bow Corp. (SOBO) became an independent pipeline company October 1 following its spinoff from TC Energy (TRP). Investors interested…
Summit Acquires Tall Oak in a Bet on Gas
Summit Midstream will acquire Tall Oak Midstream III for a mix of cash and equity. Tall Oak gives SMC its…
Tiger II Plant Roars to Life for EnLink
EnLink Midstream has wasted no time putting its Tiger II plant to work in the Delaware. Volumes jumped immediately after…