The Latest

Antero Stock Up 90% YoY as NatGas, NGL Markets Improve

As the outlook for U.S. natural gas improves, investors are hot on gas-weighted stocks—in particular, Appalachia’s Antero Resources.

Elliott Demands Phillips 66 Sell or Spin Off Midstream Biz for $40B+

Activist investor Elliott Capital Management disclosed Feb. 11 it has built a $2.5 billion position in Phillips 66 and issued a series of initiatives, including the sale or spinning off of the company’s midstream assets.

AltaGas, Keyera Come to Mutual Agreements to Leverage Infrastructure

Canadian midstream companies AltaGas and Keyera have signed mutually beneficial, long-term contracts for NGLs and fractionation.

Renegade Waiting for ‘Catalyst’ as it Mulls Building, Buying Midstream

Renegade Infrastructure CEO Drew Ward says the company is currently “basin agnostic” and is considering greenfield projects and M&A after winning a capital commitment from PE firm Energy Spectrum Partners.

Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024

Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.

Belcher: Trump’s Policies Could Impact Global Energy Markets

At their worst, Trump’s new energy policies could restrict the movement of global commerce and at their best increase interest rates and costs.

Targa Pipeline Helps Spark US NGL Production High in 2024

Analysts said Targa Resources’ Daytona line released a Permian Basin bottleneck as NGLs continued to grow.

Winter Storm Snarls Gulf Coast LNG Traffic, Boosts NatGas Use

A winter storm along the Gulf Coast had ERCOT under strain and ports waiting out freezing temperatures before reopening.

EnCap Portfolio Company to Develop NatGas Hub with DRW Energy

EnCap Flatrock Midstream portfolio company Vecino Energy Partners LLC and DRW Energy Trading LLC will be developing an intrastate natural gas storage hub together.  

Phillips 66 Makes EPIC Move to Strengthen South Texas Position

Phillips 66’s $2.2 billion deal with EPIC allows for further integration of its South Texas NGL network.