Latest News

March 31, 2017

Pour Some Color On Me – Hess Midstream Partners (HESM) is going public this week after reporting adjusted EBITDA of $6.25 million during FY2016. The company is backed by 7-year MVCs for most of its assets, including the Tioga Gas Plant, and has additional dropdown potential. (Ticker: HESM)……. 

Natural Gas Market Getting Tighter? Not So Fast My Friend – There has been a lot of chatter about the supply tightness in the natural gas market and how the warm winter has saved the US from significantly higher prices……… 

I’d Crack That – Total Petrochemicals is entering a partnership with Borealis and Nova to form a JV to build an ethane steam cracker and a new polyethylene unit in Port Arthur, TX…….

East Daley’s Latest Installment of Permian Pipes – In mid-March Phillips 66 (PSX) announced an open season for the 130-mile Rodeo pipeline (not including gathering laterals), connecting Delaware Basin production to the Midland basin. (Ticker: PSX, PSXP)……. 

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