The Channel That Never Sleeps
The Houston Ship Channel is working around the clock to keep liquefied petroleum gas (LPG) cargoes moving, thanks to a…
Equity
ETRN Volumes Fall as EQT Shuts 1 Bcf/d of Production
Leading producer EQT has shut ~1 Bcf/d of production in response to low gas prices. Equitrans is bearing most of…
Chord, Enerplus Plan a Bakken Super-Merger
Chord Energy and Enerplus plan to merge in an $11B transaction, creating an E&P focused on Bakken oil development. Several…
Midstream Spends $10B on Gas Projects in 2024: CAPEX Dashboard
Energy companies plan to spend the lion’s share of midstream budgets on natural gas this year, investing over $10B to…
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…
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…