Great discussion with @SecretaryWright at #Gastech2025. U.S. natural gas is a cornerstone of energy security & opportunity. We’re bullish on the future and ready to advance the dialogue with data-driven insight. Access the insights shaping #EnergyLeaders: bit.ly/4nrFuXf

Kinetik didn’t just benefit from basis. They were positioned for it. Owning the pipe tied margins directly to Waha spreads. Now the setup flips. What’s the strategy when basis tightens? hubs.ly/Q04dhFsS0 #natgas #Permian #midstream #energy #CommodityMarkets #EnergyForecast #PermianBasisCollapse #PipelineEconomics #WahaToHouston

Chevron Microsoft = a new gas outlet. 2.5 GW (scaling to 5 GW) of behind-the-meter power in West Texas. Up to 8.4 Bcf/d of potential demand. Associated gas → contracted power revenue. That’s a structural shift. hubs.ly/Q04dh8SH0 #natgas #Permian #datacenters #enery #ChevronStrandedGas #DataCenterEnergy #MicrosoftChevronPartnership #NaturalGasInfrastructure #PermianGasStrategy

A new strategy for Permian gas. Stranded supply is being turned into long-term contracted power. That could reshape demand across crude-weighted basins. hubs.ly/Q04dh8SN0 #NaturalGas #LNG #Midstream #EnergyMarkets #OOTT

More crude → more NGLs. But fractionation is tight. That’s the bottleneck now. If it can’t be processed, it doesn’t reach market. Infrastructure is deciding outcomes. hubs.ly/Q04dhcKt0 #NaturalGasLiquids #PermianBasin #EnergyMarkets #midstream #CrudeGrowth #FractionationConstraints #NGLDemand #NGLPipelines #PermianProduction

The bottleneck just shifted. Not pipelines. Not production. Processing. More crude brings more NGLs. Fractionation is tightening. That is where the market starts to feel pressure. hubs.ly/Q04dhnTk0 #NaturalGasLiquids #PermianBasin #EnergyMarkets #oilgas #CrudeGrowth #FractionationConstraints #NGLDemand #NGLPipelines #PermianProduction

Kinetik’s margins track the Waha spread. Almost 1:1. That relationship has been a tailwind since 2022. Now it’s at risk. New Permian egress compresses the spread → margins follow. Same assets. Different outcome. Watch Full Webinar hubs.ly/Q04df7tp0 #natgas #Permian #LNG #midstream #oilandgas #energy

From our energy expert @FryerJaxson: Saudi Supply Disruptions Keep the Physical Market Tight: Attacks on Saudi #upstream, refining, and export infrastructure have removed meaningful capacity from the system. The implication is that even if headline risk cools, the physical market can stay tight for longer than futures imply because normalization is logistical and quality-driven, not instantaneous. East Daley’s view has been that the market clears through sequence and crude quality, not just flat-price headlines. U.S. Producers Are Not Chasing the Price Spike: Even with political pressure to drill more, U.S. E&Ps are still behaving conservatively because the forward strip, not the prompt spike, drives capital allocation. The implication is that near-term export demand is more likely to be met by inventory draws than fresh production growth, which keeps the supply response muted and supports tighter balances for longer. KMI Acquires Monument Pipeline: Kinder Morgan is buying the 225-mile Monument system for $505MM, adding a Katy-to-Houston Ship Channel asset with about 9 years of average contract life and strong utility/industrial exposure. The implication is that KMI is leaning harder into contracted, Houston-area demand growth tied to utilities, industry, LNG, and storage optionality rather than taking pure commodity risk. Gas #Infrastructure Valuations Are Still Rich: Spire’s $650MM storage sale and Apollo’s purchase of 40% of Pembina Gas Infrastructure both reinforce the same message: the market is still paying up for contracted gas infrastructure with reliability value. The implication is that storage, pipes, and integrated gas networks remain scarce strategic assets in a market increasingly driven by optionality and locational demand. FERC and the White House Are Actively Pushing Infrastructure Forward: #FERC plans to act on the large-load interconnection docket by June 2026, while the White House is also moving on pipeline and energy-security actions. The implication is that power demand growth, AI load, and hydrocarbon infrastructure are becoming more directly policy-linked, which should help some projects advance but also makes permitting and regulation a bigger part of the investment case. #eastdaleyanalytics #EnergyMarkets #OilAndGas #CommodityMarkets #EnergyIntelligence #MarketSignals #GlobalEnergy #EnergyStrategy #EnergyInsights eastdaley.com

East Daley Analytics returns with our April Production Stream, focused on one thing: where value is forming in today’s market. We connect production to outcomes. How #LNG demand is reshaping U.S. gas, where infrastructure is capturing value, and how shifting #fundamentals translate into financial performance. If you care about where returns are forming and where they are at risk, this is the conversation. Click here to register: share.hsforms.com/2Ea3NwVEnR… #NaturalGas #LNG #EnergyMarkets #Midstream #OOTT #EnergyAnalytics #GasMarkets #EnergyInvesting

From EDA energy expert @FryerJaxson : Investors should watch the 2PointZero-Traverse deal as a possible signal that private capital is willing to pay peak multiples to gain exposure to US midstream. At $2.25B, the transaction values Traverse at about 11.3x 2025E EBITDA, a premium to recent comparable pipeline deals despite Traverse’s mix including ORS, a gathering asset that typically commands a lower multiple. East Daley sees limited upside in the portfolio, with Rover facing potential recontracting risk after 2033 and about $70MM of annual revenue exposure tied to weaker Dawn market pricing. The key question for investors is whether 2PointZero overpaid for a US foothold, or whether this deal marks a broader reset higher in infrastructure valuations. #EBITDA #2PointZero #midstream #energydata

Most #equity research starts with guidance, comp tables, and management’s version of the story. #EastDaley starts at the asset level, where #EBITDA is actually made or lost. We build from the ground up, linking wellhead activity, pipes, plants, contracts, and bottlenecks to company-level financial outcomes. That is the edge: earlier signals, better risk identification, and a clearer view of what is really happening underneath the numbers. A good example is #Kinetik ($KNTK). Our call is that KNTK still has near-term earnings upside, but the market is treating that upside as far more durable than it should. Today, wide Waha-Houston Ship Channel spreads are supporting outsized marketing margin, and that should keep near-term results elevated as Permian takeaway remains tight. But that strength is a function of scarcity, not a new earnings base. Once new egress comes online and Waha-HSC compresses, that margin pool should shrink quickly. The real downside likely shows up in 2027, when the basis dislocation gets arbitraged away and KNTK’s marketing earnings reset materially lower. The setup is straightforward: near-term upside while spreads stay wide, but meaningful long-term downside as normalization takes hold. Questions? Reach out to our expert @FryerJaxson

Appreciate the mention @qcintelcom "According to East Daley Analytics, there is spare capacity on Permian oil pipe systems destined for export terminals in Corpus Christi and Houston/Nederland in Texas. That said, based on @ED_Analytics data, usage of major Permian lines bound for Corpus, being the top crude export hub in the US, is just 400,000 bpd short of the total capacity offered by Gray Oak, Cactus I, Cactus II and Cactus III networks." qcintel.com/article/as-highe…

Appreciate the mention from @jd_journalism with @NGInews, and the opportunity to contribute expert perspective through Jack Weixel. "...a warm March helped staunch a deeper drop in storage. #EastDaleyAnalytics senior director Jack Weixel said production data show U.S. output growing at roughly a 6% year/year pace through 2026, driven by incremental gains in #Permian Basin associated gas." naturalgasintel.com/news/us-…

Market Insights from our experts: @FryerJaxson and @RentonJulian Commonwealth LNG has been in the news after Caturus last week announced full commerciality and the launch of project financing, on the way to a final investment decision (FID). The company is marketing a "wellhead-to-water" strategy, pairing the $12.5B LNG project with the pending acquisition of SM Energy's Galvan Ranch acreage in South Texas. It's a compelling narrative East Daley is familiar with. But in this case, the midstream link between wellhead and water is unclear to us. The main risk we see for Commonwealth is the lack of a defined header system. Nearly every other LNG facility on the Texas-Louisiana Gulf Coast has a dedicated header pipeline connecting to the Gillis or Katy hubs. #Commonwealth proposes to interconnect with the ANR and #Bridgeline pipelines. However, those systems are fully contracted long-term on that route, despite available physical capacity. Owning #upstream production doesn't solve for the supply problem if the molecules can't move to the plant on firm transport. eastdaley.com/services/energ…

From our energy experts @FryerJaxson and @RentonJulian "Fallout from the Iran conflict has pushed #crude prices higher and renewed focus on oil-weighted basins like the #Bakken. We recently revised our Bakken outlook higher in anticipation of a recovery in drilling activity. While #producers have been cautious in the recent month, improved price signals should prompt a measured return to growth." eastdaley.com #EastDaleyAnalytics #Crudeoilprices #Bakken #energyanalytics #OOTT

Higher oil prices don’t hit evenly. Realized prices lag. Hedges cap upside. Earnings don’t move 1-to-1 with spot. The headline spike is misleading. The real story is underneath it. Breakdown:hubs.ly/Q047ZDSS0 #EOGResources #EquityEarnings #HedgingStrategy #OilPrices

The market is moving. The signals are getting clearer. From our experts @RentonJulian and @FryerJaxson : #Chevron and #Microsoft just validated a real shift in the #Permian. AI is becoming a structural demand driver for gas, not a future concept. Behind the meter power changes who captures value and Chevron is positioning early. Elba Island’s export increase is small, but it says a lot. Global gas balances are tight and there is no cushion. Commonwealth LNG is getting closer to #FID, but the infrastructure story is not there yet. Without defined transport and connectivity, the commercial momentum is ahead of reality. Saudi disruptions are taking meaningful supply offline across production and pipelines. That is tightening #crude and #NGL balances and reinforcing near term price #risk. If you are not tracking both demand shifts and physical constraints, you are missing the setup. Join the conversation. eastdaley.com #EnergyMarkets #OilAndGas #LNG #Permian #NGL #EnergyTransition #OOTT

Higher oil prices don’t hit evenly. Realized prices lag. Hedges cap upside. Earnings don’t move 1-to-1 with spot. The headline spike is misleading. The real story is underneath it. Breakdown:hubs.ly/Q04bfmZ-0 #EOGResources #EquityEarnings #HedgingStrategy #OilPrices

The market moved. So we moved with it. Permian takeaway isn’t tightening. It’s getting squeezed. High case: 91% utilization by 2027. hubs.ly/Q04bfbFl0 #CorpusChristiPipelines #CrudeOilTransport #EnergyInfrastructure #MidstreamOwners