Midstream Business Magazine - April 2014
Cover Story
Playing For The Queen
The Gulf Coast has long been the most important piece in the midstream game, and production increases are causing the region to grow in significance.
Editor's Note
Wide Awake
In the 1990s, companies sought to beef up short-term earnings by cutting general and administrative expense. That strategy may have been penny wise and pound foolish.
Construction Update
Changing Their Tune On Bluegrass
Kentucky landowners—including a group of Marion County nuns—who are challenging the proposed Bluegrass Pipeline have at least another year to make their case.
Feature
A Competitive Powerhouse
DCP Midstream Partners enjoys strong sponsor support and an array of organic projects to grow on.
Closing Bell
The Putin Vortex
Generating Capital
Led by a team of industry veterans, the breakaway Texas investment firm U.S. Capital Advisors LLC is powering up.
Keep Calm And Move The Crude
Price pressures, bottlenecks and varied API gravities generate only momentary bursts of angst—the boom goes on.
Keeping Up With The Joneses
Criticism of the long-held Jones Act is resurfacing amid a ship shortage and massive transportation needs.
Moving To Midstream
Phillips 66’s large downstream market share is providing opportunities.
Q&A: Michael J. Latchem
Lucid Energy Group's managing director and chief executive thinks long term.
The 'Eaglebine' Takes Off
Modern technology stirs a rebirth in another historic oil play.
The Education Need
Employers have a growing pool of educated candidates and educational institutions are ensuring it stays that way.
Virtual Presence
Energy companies get eyes into the field instantly with virtual-presence systems.
Alerian Index
The Importance Of MLP Distributions
Is a distribution cut a death knell for a master limited partnership (MLP)?
Finance Matters
Plumbing Patience
Master limited partnerships (MLPs) may be one of the best asset classes for long-term investment, but it’s unlikely that portfolio managers will see returns in 2014 that mirror those of last year’s giddy rates exceeding 20%.
News Flow
NGL Frac Spread
Margins Crash As Gas Prices Increase
Although temperatures didn’t approach the lows experienced during the polar vortex events earlier this year, natural gas prices were at their strongest in early March. This caused frac spread margins to take downturns across the board.
Transaction Update
Beefing Up
In 2013, merger and acquisition activity in the sector topped $62 billion, a 16% increase from 2012.