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.
Equity
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.
DTM LEAPs Ahead in Haynesville
Ahead of DT Midstream’s 3Q23 earnings this week, East Daley sees growth in the company’s Haynesville assets as the driver…
Bakken Assets Look Strong for ONEOK
As investors gear up for ONEOK’s (OKE) earnings, East Daley expects strong results from the company’s Bakken assets.
Mountain Valley Start-up Delayed to 1Q24
Equitrans Midstream has postponed the expected start-up of Mountain Valley Pipeline to 1Q24. The project now won’t be available for…
EDA Lowers NuStar View as Crude Volumes Disappoint
East Daley Analytics has lowered our forecast for NuStar Energy (NS) ahead of the company’s 3Q23 earnings following an underwhelming…