7 Comments
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Justin's avatar

Midstream companies like Energy Transfer should do well in this environment.

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jeff klugman's avatar

also there's a need for more pipelines to gather the gas. who's building those?

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Unemployed Value Degen's avatar

Mattr sold their pipeline coating business to Tenaris TS $21 billion market cap. I'm not sure who is in the pipeline business, but Mattr management said it was thin margins.

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jeff klugman's avatar

"drill, baby, drill" will ease permitting, but drillers got religion after trashing so much capital last time around. as the permian gets gassier, higher price is needed for nat gas to drive more drilling. presumably un-"pausing" lng facilities will push up gas demand, and move the price toward the international arbitrage range. the specialty pipe might also be needed if the off-grid permian data center scenario becomes a reality. in the meantime, who's going to make money on the build-out of lng facilities?

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Unemployed Value Degen's avatar

Some of the bigger utilities, but the new revenue is a drop in the bucket for them.

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Sam L's avatar

Not going to lie, title made me laugh

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Unemployed Value Degen's avatar

I try

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