When last we visited Energy Transfer earlier in May, the midstream machine and its combo platter of crude oil, natural gas, and NGL energy infrastructure had just wrapped up a spectacular 1Q. Perhaps there was a twinkle in the eye from Executive Chairman Kelcy Warren as the company marked its achievements, the reap of rewards from last year’s $9 billion in acquisitions, and the not-so-subtle hint there could be more fish to fry given just the right cast. ...

Is that confetti raining from the sky? No, that would be a blizzard of 1Q earnings reports from our oil and gas producer friends commiserating sub-zero natural gas prices, and our midstream friends largely making hay....

Ahh, it’s quarterly report card season again. A time to share the fruits of strategy, labor, and investments over a three-month gestation that gives financial analysts a purpose in life. For the nation’s larger midstreamers sharing their recent reports, a solid A+ grade seems fitting along with a standing ovation. ...

Here in the Natural Gas Land of Plenty, we are exactly four weeks away from handing off the now-proclaimed warmest winter on record to spring. Without adding salt to wounds inflicted by the Are You Serious? gas prices, Reese Energy Consulting today is sharing the latest good news on natural gas. ...