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
6Jun2025Kinetik Rides Post-Earnings MomentumEnergy Transfer, Enterprise, Equity, Kinetik, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley NoteKinetik Holdings (KNTK) shares have traded higher following its 1Q25 earnings update, boosted by bullish CEO commentary.READ
13May2025What Slowdown? Permian Processing Expansions Plow Ahead at $60 OilEnterprise, Equity, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note, Western Midstream PartnersDespite lower WTI prices, the rush is still on to build gas processing in the Permian Basin. Developers have used…READ
25Apr2025WhiteWater Group FIDs Traverse Pipeline to Integrate South Texas MarketEagle Ford, Enbridge, MPLX LP, Natural Gas, Permian, Targa, The Daley NoteWhiteWater Midstream and partners MPLX, Enbridge and Targa Resources will move ahead with the Traverse Pipeline in South Texas.READ
24Apr2025China Trade Fight Could Ruin Bullish Propane OutlookEnergy Transfer, Enterprise, Natural Gas Liquids, Targa, The Daley NoteThe US propane market was on pace for a strong year in 2025, before a trade fight erupted between Washington…READ
28Mar2025The Anadarko Catches a Bid from $4 Gas PricesAnadarko, Energy Transfer, Natural Gas, Oneok, Phillips 66, TargaOperators are returning to core of the Anadarko Basin in pursuit of higher natural gas prices, adding l0 rigs so…READ
6Mar2025Targa Tacks on New Infrastructure Targeting Permian NGLsNatural Gas Liquids, Permian, Targa, The Daley NoteA significant amount of infrastructure is being built by 2029 to handle NGL processing, transportation, fractionation and distribution. Targa Resources…READ
22Jan2025Targa’s Daytona Drives Another NGL RecordEnergy Transfer, Enterprise, MPLX LP, Natural Gas Liquids, Oneok, Permian, Phillips 66, TargaNGL production hit another record in Oct ’24 thanks to the early start of Targa’s Daytona NGL Pipeline. The project…READ
14Jan2025EPIC! $2.2B Deal Vaults Phillips 66 to Midstream EliteEnergy Transfer, Enterprise, Equity, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley NotePhillips 66 (PSX) will buy EPIC Y-Grade’s NGL business for $2.2B in cash, moving PSX into an elite group of…READ
31Dec2024Best of 2024: Blackcomb FID Could be Knockout Blow to Permian Pipe CompetitionEnbridge, MPLX LP, Natural Gas, Permian, Targa, The Daley NoteA Whitewater-backed investor group has reached FID on Blackcomb Pipeline, a new 42-inch gas line out of the Permian Basin.…READ