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…
Equity
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…
Best of 2023: ONEOK Joins Midstream Elite with $19B Magellan Purchase
ONEOK’s (OKE) $18.8B acquisition of Magellan Midstream Partners (MMP) places the company at the head table in Midstream.
Pembina Buys Alliance, Aux Sable Stakes for C$3.1B
Pembina Pipeline will buy Enbridge’s interests in Alliance Pipeline, Aux Sable, and NRGreen for C$3.1B. The assets have a positive…
Midstream is Ripe for More M&A
Dirty Little Secrets, Enterprise, Equity, Kinder Morgan, Natural Gas, Targa, The Daley Note, Williams
Midstream is seeing robust M&A activity, a trend East Daley Analytics expects to continue in 2024. The new Dirty Little…
Williams Inks Deals to Grow DJ Footprint
Williams (WMB) has reached deals to purchase Cureton Midstream and buy the remaining 50% interest in Rocky Mountain Midstream,
Rate Design Would Lift Revenue for GTN
TC Energy’s (TRP) Gas Transmission Northwest has proposed a new rate design that East Daley estimates would raise pipeline revenue.