OKE-MMP a Fine Blend for Butane Business
ONEOK’s purchase of Magellan Midstream should create compelling synergies in butane blending.
Natural Gas Liquids
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.
Exports, Marketing Drive a Big 1Q23 Beat for Targa
Midstream is a complex profit machine, a reality underscored by Targa Resources (TRGP) big 1Q23 beat. TRGP reported 8% above…
EIA NGL PRODUCTION grows 9% Y-o-Y
EIA NGL PRODUCTION grows 9% Y-o-Y, in line with East Daley Analytic’s Forecast.
Ethane Recovery Dries Up from Bakken
Recovered ethane volumes are down sharply in the Williston Basin so far in 2023, creating some risk for ONEOK (OKE)…
High Gas Prices Slow Ethane Recovery in Rockies
Ethane recovery has taken a hit in the Rockies as gas prices soared this winter. Volatile commodities could create risk…
Enterprise Lowers View on Commodity Supply
EPD has lowered supply growth expectations. EPD’s short- to medium-term gas forecast mostly aligns with East Daley’s outlook, but diverge…
Growth for Grand Prix, Caution Flag for Peers
Recent tariff updates by Targa Resource’s (TRGP) Grand Prix NGL pipeline suggest the company could be taking business from competitors…
A Breather for Mont Belvieu
A tight market is attracting new investments in the NGL space. East Daley expects developers to add 955 Mb/d of…
NGL Production Falls 10% in December as Flaring, Ethane Rejection Soar
NGL production declined 10% M-o-M and 4% Y-o-Y in December – the first decline since Winter Storm Uri.