26Aug2025MPLX Buys Northwind for $2.375B, Acquires More NGLs for JV ProjectDTM Midstream, Fundamentally Speaking, MPLX LPMPLX will acquire Northwind Midstream Partners for $2.375B in cash, the latest move in the industry race to secure NGLs…READ
14Aug2025Falling Spot Rates Confirm Slack in NGL MarketsEnergy Transfer, Enterprise, MPLX LP, Natural Gas Liquids, Oneok, Permian, Targa, The Daley NoteIn its 2Q25 earnings, Enterprise Products confirmed a key point East Daley Analytics has flagged for clients: NGL export markets…READ
12Aug2025Who’s Down in the Permian? Rig Slide Splits Midstream Into Winners, LosersCrude, Energy Transfer, Equity, FANG, Kinder Morgan, Kinetik, MPLX LP, Oneok, Permian, Phillips 66, Plains, Targa, The Daley NoteDrilling in the Permian Basin fell by 34 rigs in 2Q25, a 12% Q-o-Q decline, and continues to slide as…READ
12Aug2025Midstream Cleaves Into Winners, Losers as Permian Rigs SlideFundamentally Speaking, Kinetik, MPLX LP, Oneok, Permian, Phillips 66, TargaDrilling in the Permian Basin fell by 34 rigs in 2Q25, a 12% Q-o-Q decline, as softer oil prices and…READ
5Aug2025MPLX Buys Northwind for $2.375B, Acquires More NGLs for JV ProjectEquity, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, The Daley NoteMPLX will acquire Northwind Midstream Partners in the Permian Basin for $2.375B in cash, the latest move in the industry…READ
31Jul2025Permian Gas at Crossroads: Market Headwinds Today, LNG Tailwinds Tomorrow?Crude, Energy Transfer, Kinder Morgan, Kinetik, MPLX LP, Natural Gas, Permian, Targa, The Daley Note, Western Midstream PartnersEast Daley Analytics anticipates a fundamental shift in producer behavior in the Permian Basin as rising LNG and data center…READ
30Jul2025Reading the 2Q25 Tea Leaves Part II: Kinetik Faces Uphill Climb Meeting Growth TargetCrude, Equity, Kinetik, MPLX LP, Natural Gas, Northeast, The Daley Note, WilliamsEast Daley Analytics has published updated models and 2Q25 Earnings Previews for companies in our coverage including DT Midstream (DTM),…READ
23Jul2025Emerging Midland Asset Could Attract SuitorsEnergy Transfer, Enterprise, Equity, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley NoteIndustry consolidation has winnowed down the number of independently owned assets in the Permian Basin. One we’re monitoring is Brazos…READ
27Jun2025Industry Risks NGL Overbuild as Growth SlowsEnergy Transfer, Enterprise, MPLX LP, Natural Gas Liquids, Oneok, Permian, Targa, The Daley NoteUS NGL infrastructure has quietly transitioned from tight to overbuilt. While production continues to grow, the pace has moderated significantly…READ
19Jun2025ONEOK Buying Spree Continues with Delaware JV AcquisitionEquity, MPLX LP, Natural Gas Liquids, Oneok, Permian, The Daley NoteONEOK is acquiring the remaining 49.9% interest in its Delaware Basin joint venture from NGP XI Midstream Holdings, LLC for $940MM.READ