Only a Matter of Time for Targa
Despite a disappointing 3Q23 earnings, East Daley continues to expect strong growth from Targa Resources as it follows a formula…
Targa
Who Will Handle Growth from the Exxon-Pioneer Giant?
ExxonMobil plans to keep growing in the Permian Basin following its purchase of Pioneer Natural Resources (PXD).
Exxon-Pioneer Would Create a Monster for Permian Midstream
ExxonMobil is reportedly near a deal to buy Pioneer Resources for $60B, according to the Wall Street Journal. The merger…
Expansions Keep Targa Top Dog in Permian
Targa Resources (TRGP) is in the midst of a huge expansion of gas processing that will keep the Permian Basin’s…
Targa Starts Service on Stealth Permian Pipeline
With little fanfare, Targa Resources (TRGP) has started service on a new 250 MMcf/d pipeline in the Permian Basin that…
Can LPG Exports Continue to Grow?
LPG exports are up 5% YTD in 2023 vs 2022, and companies expect more demand from new propane dehydrogenation (PDH)…
King of NGLs Makes a Bakken Power Play
ONEOK (OKE) plans to expand its Elk Creek NGL pipeline, though East Daley’s Bakken supply forecast shows no need for…
Silverbow-CHK Asset Sale Could Shuffle Eagle Ford Rigs
SilverBow Resources has struck a deal with Chesapeake Energy to acquire assets in the Eagle Ford shale for $700MM. The…
Another One! ONEOK Adds to Permian NGL Pipeline Push
ONEOK (OKE) plans to loop its West Texas NGL (WTX NGL) pipeline, joining an industry push to expand NGL pipelines…
Barrels Wanted: $7.1B Crestwood Acquisition May Boost ET’s Downstream Volumes
Crestwood, Crude, Energy Transfer, Equitrans Midstream, Natural Gas Liquids, Oneok, Powder River, Targa, The Daley Note
Energy Transfer’s $7.1B acquisition of Crestwood Equity (CEQP) gives ET reach in new basins and could lift volumes on several…