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The Daley Note 1/12/2021

The Daley Note 1/12/2021

  • OXY’s Return to Permian Boosts Midstream Outlook: Occidental Petroleum (OXY) is ramping up its drilling in the Permian, a bright development for Western Midstream’s (WES) and Enterprise Products’ (EPD) prospects in 2021. (OXY), (WES), (EPD)
  • Zydeco Contracting Troubles: Shell Midstream’s (SHLX) Zydeco Pipeline faced re-contracting headwinds before macro-level demand destruction hit midstream companies in 2020, challenges demonstrated by recent contract expirations and lost business for the pipeline. (SHLX), 
  • North American Energy Indicators and Equity Prices
  • North American Natural Gas Prices
  • North American Crude Oil Prices
  • North American Natural Gas Liquids Prices