The Daley Note | Natural Gas (15)

EQT-Equitrans Merger Heralds Asset Sales Ahead

Posted by: East Daley Analytics

Comments: 0

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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15 Mar

TC Energy Sells Portland Pipe, Chips Away at Sales Goal

Posted by: East Daley Analytics

Comments: 0

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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12 Mar

ETRN Volumes Fall as EQT Shuts 1 Bcf/d of Production

Posted by: East Daley Analytics

Comments: 0

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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8 Mar

Canadian Supply Growth Pushes More Gas into US

Posted by: East Daley Analytics

Comments: 0

Producers in Western Canada are expanding output ahead of the country’s first major LNG project, pushing more natural gas into the US and adding to a ...

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7 Mar

Chord, Enerplus Plan a Bakken Super-Merger

Posted by: East Daley Analytics

Comments: 0

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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6 Mar

Chesapeake Puts 1 Bcf/d of Production on Hold

Posted by: East Daley Analytics

Comments: 0

Chesapeake Energy (CHK) will pull back on drilling and starting new wells in response to low natural gas prices. CHK is one of several producers ...

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5 Mar

Midstream Spends $10B on Gas Projects in 2024: CAPEX Dashboard

Posted by: East Daley Analytics

Comments: 0

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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28 Feb

Northeast E&Ps Lift Winter Supply, Contribute to Gas Glut

Posted by: East Daley Analytics

Comments: 0

Helped by a new pipeline expansion, Marcellus and Utica gas producers have ramped production to record levels this winter. The supply growth is ...

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27 Feb

Who Wants a Piece of WES? OXY Could Sell Western Midstream Stake

Posted by: East Daley Analytics

Comments: 0

Occidental (OXY) is reported to be exploring a possible sale of its stake in Western Midstream (WES). East Daley Analytics made the case previously ...

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23 Feb