Deals Shed Light on Value of Genesis Energy Businesses
Several recent transactions shed light on the potential value of Genesis Energy’s marine transport and soda ash businesses.
The Daley Note
Mind Games: Freeport LNG Start-up Toys with Haynesville Supply View
Restart of the Freeport LNG facility is skewing pipeline samples out of the Haynesville shale and creating a distorted view…
Enbridge Eyes Gray Oak Expansion as Corpus Christi Routes Fill
East Daley will be watching Enbridge expand the Gray Oak Pipeline to Houston. Our Crude Hub Model confirms that routes…
Not All Bears Hibernate
Some Delaware Basin supply growth in 2023 will come from surprising places, such as the 3Bear G&P system in Lea…
NGL Investors Dust Off the Oldies
EnLink Midstream plans to restart the 145 Mb/d Gulf Coast Fractionators facility in Mont Belvieu, adding much-needed fractionation capacity to…
EnLink Adds Tall Oak System to Meet STACK Growth
EnLink Midstream (ENLC) has acquired G&P assets in central Oklahoma to address a looming processing constraint.
Hitting the Brakes will be Hard in the Haynesville
Hitting the brakes on growth won’t be easy in the Haynesville, as Comstock Resources (CRK) illustrates.
Lower Gas Prices Dampen Energy Transfer Outlook
Energy Transfer (ET) beat East Daley and consensus expectations, but 2023 guidance came in well below our forecast. East Daley…
Baby Steps: More Downside Ahead for Haynesville Rigs
Several top Haynesville producers intend to drop rigs in 2023. We expect additional actions will be needed to keep the…
Flat’s All Folks – Northeast Supply Lacks Winter Punch
Gas producers in the Northeast have not delivered on their typical production ramp this winter.