LNG Export Pause Throws a Wrench in Gas Outlook
The Biden administration is temporarily pausing licensing for LNG projects, creating more uncertainty in the long-term outlook for natural gas.
Natural Gas
Customers Line Up for Next LNG Wave
LNG project developers continue to make progress signing customers to new LNG projects, firming up the long-term outlook for natural…
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…
Permian Shrink Continues with $4.5B APA-Callon Deal
APA Corp. will acquire Callon Petroleum for $4.5B. The deal likely will result in rig cuts, continuing the consolidation trend…
Winter Storm Bites into Gas Production, Storage
A mid-January Arctic blast put a serious dent in Lower 48 natural gas production last week and sent spot prices…
LNG Closure Creates Reliability Risk in New England
New England risks losing a key source of natural gas peaking supply if the owner moves forward with a plan…
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…
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…
Williams Deal Spotlights Value of Gas Storage
Williams (WMB) is acquiring six Gulf Coast storage facilities, an asset class East Daley expects to grow in value as…
Tokyo Gas Expands in Haynesville with $2.7B Rockcliff Purchase
A unit of Tokyo Gas has reached a deal to buy private Rockcliff Energy II for $2.7 billion, giving the…