East Daley Analytics – Dissecting the Energy Value Chain

Posts about Equity (4)

Need a Permian Update? Targa Could Spill the Tea

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We’re optimistic about Targa Resources (TRGP) and expect the company to post healthy earnings growth in 1Q24 and the year ahead. In the big picture, ...
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Without LEG, Williams Loses Kick to 2024 Earnings

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A delayed start to the Louisiana Energy Gateway (LEG) project will cost Williams (WMB) $20MM in earnings this year, according to East Daley ...
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Kinetik Starts a Different Sort of Border Conflict

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Kinetik (KNTK) has started service on a new pipeline that extends the company’s West Texas G&P system into New Mexico, posing new competition for ...
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EQT-Equitrans Merger Heralds Asset Sales Ahead

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Leading US producer EQT will acquire Equitrans Midstream (ETRN) for $5.5B in stock. The merger will create a vertically integrated Northeast gas ...
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TC Energy Sells Portland Pipe, Chips Away at Sales Goal

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TC Energy (TRP) has reached a deal to sell the Portland Natural Gas Transmission System (PNGTS) for US$1.14B, moving the company closer to its $3B ...
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The Channel That Never Sleeps

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The Houston Ship Channel (HSC) is working around the clock to keep liquefied petroleum gas (LPG) cargoes moving, thanks to a recent change in local ...
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ETRN Volumes Fall as EQT Shuts 1 Bcf/d of Production

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Leading Appalachian producer EQT has shut-in ~1 Bcf/d of natural gas production in response to low prices. Equitrans Midstream (ETRN) is bearing the ...
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Chord, Enerplus Plan a Bakken Super-Merger

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Chord Energy (CHRD) and Enerplus (ERF) plan to merge in an $11B transaction, creating an E&P focused on Bakken oil development. Several midstream ...
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Midstream Spends $10B on Gas Projects in 2024: CAPEX Dashboard

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Energy companies plan to spend the lion’s share of midstream budgets on natural gas this year, investing over $10B to upgrade and expand gas ...
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CHK-SWN Merger Likely to See Antitrust Scrutiny

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The $17B merger between Chesapeake Energy (CHK) and Southwestern Energy (SWN) is still in the early innings in the view of East Daley Analytics, as ...
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