East Daley Analytics – Dissecting the Energy Value Chain

Posts about Equity (2)

Kinetik’s Durango Deal Pays Off as Rigs Double on System

Posted by: James Taylor
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Kinetik’s (KNTK) recent acquisition of Durango Midstream is paying dividends for the company. Rig counts have more than doubled on the G&P system ...
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The Perfect Couple: ONEOK, MPLX Partner on Downstream NGL Projects

Posted by: Rob Wilson
Comments: 0
ONEOK (OKE) and MPLX (MPLX) have partnered to build out the downstream component of their NGL value chain. The arrangement is one East Daley ...
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KMI Reports: What to Watch in 4Q Earnings

Posted by: Zach Krause
Comments: 0
Kinder Morgan (KMI) reported last Wednesday (January 22) and gave midstream investors the first data points of the 4Q24 earnings season. There were a ...
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Plains Adds Permian, Eagle Ford Gathering for $670MM

Posted by: Gage Dwan
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Plains All American Pipeline (PAA) made several bolt-on acquisitions totaling $670MM to expand its crude oil gathering footprint in the Permian and ...
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$844MM Outrigger Deal Kills Two Birds for KMI

Posted by: Zach Krause
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Kinder Morgan (KMI) will buy Outrigger Energy II’s Bakken G&P assets for $644MM, the company announced last Monday (Jan 13). The acquisition can ...
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Canada Conquers Back

Posted by: Kristy Oleszek
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President-elect Donald Trump recently created a diplomatic row by suggesting Canada could be taken over through “economic force”. From the vantage of ...
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Winter Blitz Calls Transco Expansions into Action

Posted by: Zach Krause
Comments: 0
Winter has arrived with a vengeance across the eastern US. A series of storms has ignited heating demand and increased flows on expanded segments of ...
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EPIC! $2.2B Deal Vaults Phillips 66 to Midstream Elite

Posted by: Rob Wilson
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Phillips 66 (PSX) will buy EPIC Y-Grade’s NGL business for $2.2B in cash. The deal elevates PSX into an elite group of major integrated NGL players ...
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With FID, KMI Hints at Next Wave of Capital Spending

Posted by: Zach Krause
Comments: 0
Kinder Morgan (KMI) subsidiary Tennessee Gas Pipeline (TGP) is moving forward with the Mississippi Crossing project, securing long-term agreements ...
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Best of 2024: M&A in Permian: A Knife Fight for the NGL Barrel

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Best of 2024: The Daley Note: June 25, 2024. In our annual report Dirty Little Secrets, East Daley previewed how reduced leverage ratios and ...
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