East Daley Capital Advisors Adds Four Midstream Companies to Its Portfolio of Asset-Level Coverage
Expanded Coverage Provides Exclusive Insight into Permian Crude Oil
Takeaway
East
Daley Capital Advisors, Inc., an energy assets research firm
redefining how markets view risk in midstream energy companies,
announced today that it has initiated full coverage by asset on four new
crude and refined product companies in the midstream market. These
companies include: Sunoco Logistics Partners L.P.; Buckeye Partners,
L.P.; DCP Midstream, L.P.; and Magellan Midstream Partners, L.P.
“Both Sunoco and Magellan are being fueled by Permian Crude Oil growth.
Evaluating the assets of these two companies, along with our current
coverage of Plains All American Pipeline, gives us an unprecedented view
into Permian Crude Oil takeaway,” said Justin Carlson, VP and Managing
Director, Research at East Daley.
“In addition, Buckeye Partners continues to grow and diversify into the
global petroleum terminalling and storage market. Having this insight,
along with full asset coverage on the newly-formed DCP Midstream, allows
us to clearly see the combined assets and more accurately determine the
level of risk,” added Carlson.
Here is a snapshot of each company East Daley is initiating full
coverage for by asset:
-
Sunoco Logistics Partners L.P. (NYSE: SXL) - a master limited
partnership that owns and operates a logistics business consisting of
a geographically diverse portfolio of complementary crude oil, natural
gas liquids, and refined products pipeline, terminalling and
acquisition and marketing assets.
-
Buckeye Partners, L.P. (NYSE: BPL) - a publicly traded master
limited partnership that owns and operates a diversified network of
integrated assets providing midstream logistic solutions, primarily
consisting of the transportation, storage, and marketing of liquid
petroleum products.
-
DCP Midstream, L.P. (NYSE: DCP) – a newly formed entity
incorporating the largest NGL producer and largest natural gas
processor in the country. DCP gathers, compresses, treats, processes,
transports, stores, and sells natural gas, as well as produces,
fractionates, transports, stores and sells natural gas liquids and
recovers and sells condensate, and transports, stores and sells
propane in wholesale markets.
-
Magellan Midstream Partners, L.P., (NYSE: MMP) - a publicly
traded partnership that primarily transports, stores and distributes
crude and petroleum products.
East Daley’s asset-level allocation model, combined with in-depth
analysis, brings greater transparency to the midstream energy financial
market by providing investors with deeper, more accurate data to inform
their investment decisions.
For more information or to request a trial, visit: http://eastdaley.com/request-a-trial/.
About East Daley Capital Advisors, Inc.
East Daley Capital is an energy assets research firm that is redefining
how markets view risk for midstream energy companies. In addition to
using top-level financial data to predict a company’s performance, East
Daley delivers asset-level analysis that provides comprehensive,
fact-based intelligence. Supported by a team of unbiased, experienced
research analysts, East Daley provides its clients unparalleled insight
into how midstream companies operate and generate cash flow. East Daley
uses publicly available fundamental data and intersects that data with a
company’s reported financials to break midstream companies down to
asset-level cash flows. The result allows for more informed portfolio
decisions. Founded in 2014, the company is based in Centennial,
Colorado. For more information, visit http://www.eastdaley.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170308005243/en/
Copyright Business Wire 2017
Source: Business Wire
(March 8, 2017 - 8:00 AM EST)
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