CHK-SWN Merger Likely to See Antitrust Scrutiny
The $17B merger between Chesapeake and Southwestern Energy is still in the early innings in the view of East Daley…
Equity
WES Unloads Assets Amid Takeover Rumors
Amid rumors Occidental may divest its company stake, Western Midstream has sold several non-core assets to buyers including Enterprise Products…
Who Wants a Piece of WES? OXY Could Sell Western Midstream Stake
Denver Julesberg, Energy Transfer, Enterprise, Equity, Natural Gas, Permian, The Daley Note, Western Midstream Partners
Occidental Petroleum is reported to be exploring a sale of its stake in Western Midstream. East Daley Analytics made the…
Low Prices Slow Drilling on EnLink Anadarko System
Low natural gas prices have taken a toll on rig counts in the Anadarko Basin and led to lower activity…
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…
Kinder Morgan Results Miss Consensus, 1% above EDA in 4Q
Kinder Morgan (KMI) reported 4Q23 Adj. EBITDA 3% below Street estimates, confirming a forecast by East Daley Analytics for a…
The Case for Upside from a CHK–SWN Combo
The Chesapeake-Southwestern merger could be good or bad news for midstream companies, depending how a few factors break. East Daley…
Is $17B CHK – SWN Deal Good for Midstream? The Bear Case
Chesapeake and Southwestern Energy will merge and create the largest US natural gas producer. EDA expects the deal to shift…
DJ Basin Crude Recovery is Nearly Complete
Oil production from the Denver Julesburg Basin has been steadily rebounding off lows hit in the 2020 downturn and will…
Best of 2023: Another One! ONEOK Adds to Permian NGL Pipeline Push
ONEOK (OKE) plans to loop its West Texas NGL (WTX NGL) pipeline, joining an industry push to expand NGL pipelines…