East Daley in the News

Chesapeake Energy emerged from bankruptcy in February a more gas-focused company and made clear on its first-quarter earnings call it had no intention to pivot back to oil any time soon. Nor should it, University of Houston economist Ed Hirs told Energy Intelligence. “This is ...

Mountain Valley Pipeline (MVP) is sticking with its target to start full operations by the end of this year, although it’s become increasingly clear that its full-service date will slip well into 2022 — dealing would-be Appalachian gas shippers another setback.

Kinder Morgan Inc., Enbridge Inc. and NuStar Energy LP stand to see financial windfalls should a judge decide to shut down the Dakota Access LLC crude oil pipeline while it completes an environmental review, analysts at East Daley Capital Advisors said.

U.S. energy firms added two natural gas rigs and kept the number of oil rigs unchanged this week, energy services firm Baker Hughes Co said on Friday, with analysts forecasting more rigs were needed to keep production steady.

Oil prices were little changed on Thursday as a falling dollar and rising stock markets offset earlier declines caused by a big increase in U.S. gasoline stockpiles and subdued demand compared with pre-pandemic levels.

The impacts of a Winter Storm Uri, which wreaked havoc on the Texas energy system in mid-February, are lingering nearly two months later as downstream facilities await freeze-related repairs.

The midstream sector escaped 2020 with no bankruptcies but is struggling with sweeping counterparty risks if existing contracts are thrown out or renegotiated in E&P bankruptcy settlements.

Houston — The $25 billion combination of Canadian Pacific Railway with Kansas City Southern creates the first single-path crude-by-rail gateway from Alberta to the Houston-area refining and export network, but it does not mean overall Canadian crude volumes to the US Gulf Coast are ...

Much of Texas went dark Feb. 15 because some 13 billion cubic feet — 41% of the state’s gas production — had frozen in the field. So can anything be done to keep such a catastrophic event from happening again? For many producers, that decision ...

East Daley Capital Advisors Inc. has taken a decidedly bullish approach toward natural gas prices in its annual “Dirty Little Secrets” midstream report, a result of constraints prompted by the COVID-19 pandemic and in anticipation of the impact of Biden administration energy and climate ...