Analysts: APA Takes Callon Off Board as Permian M&A Wave Hits ‘24

APA and its subsidiary Apache Corp. are plucking Callon Petroleum off the board for $4.5 billion in stock as a historic wave of Permian consolidation enters a new year.

Exolum To Buy 50% Share of Moda Midstream’s NGL Storage Terminal

The transaction is expected to close in the first quarter of 2024.

Diversified Energy’s Gameplan: Avoid Operational, Financial Risk

Douglas Kris of Diversified Energy shares the firm’s approach to long-lived production while keeping an eye on the bottom line.

Energy Transfer Hits Record Volumes in 3Q, Pushes Expansions

Energy Transfer saw record NGL, oil and terminal volumes in the third quarter while integrating new assets and working on further expansions to its infrastructure.

Enterprise Focuses on NGL in Permian with $3.1B in Projects

Enterprise Products announced a gas-related network expansion, while Marathon Petroleum’s MPLX midstream company continues its Midland Basin pipeline development.

Southwestern Energy Takes Q2 Earnings Hit, But Slashes Debt

Debt reduction drives Southwestern Energy’s strategy as second quarter earnings plummet.

Plains All American Pipeline to Seek More Bolt-ons After Permian A&D

Plains All American Pipeline increased its EBITDA guidance on strong earnings and emphasized an A&D strategy underpinned by fiscal discipline.

Energy Transfer Keeps Focus on Lake Charles LNG Despite Setbacks

Lake Charles LNG is facing regulatory hurdles with the Department of Energy, Energy Transfer executives said during second-quarter earnings call.

Enterprise Products Partners Updates Permian Projects, Reports Earnings Slide

Lower commodity prices are blamed for the slide in Enterprise Product Partners’ second quarter results.

EnLink Midstream: Right Place, Right Time, Right Size

CEO Jesse Arenivas takes EnLink Midstream to first-mover status with a pipeline of carbon capture and sequestration projects.