But Wait, There’s More – Investors Reward Altus for New Dividend: Altus Midstream (ALTM) shares have soared following a generous dividend announcement in early November, an early and unexpected holiday gift to shareholders, though we see a potentially tight liquidity window as a result. (ALTM)
New Enable Contracts Point to Haynesville Upside: East Daley expects growing production next year in top-tier natural gas basins will lead to material volumes and earnings growth for certain midstream assets, a theme we highlight in our newly released 2021 Midstream Guidance Outlook. Encouraging new natural gas pipeline contracts posted by Enable Midstream (ENBL) for its Line CP validate our view and suggest this uptrend may already have started in the Haynesville play.(ENBL)
U.S. Rigs Increase by 8 to 337 in Latest Week: Total U.S. rigs increased by 8 in the latest week, bringing the total U.S. rig count to 337, according to our Midstream Activity Tracker.
North American Energy Indicators and Equity Prices