East Daley’s 2019 Dirty Little Secrets Annual Report Takes a Holistic Approach to Company Analysis by Identifying Where Midstream Growth Opportunities and Risks Exist
January 31, 2019
East Daley’s just-released, in-depth analysis will provide investors
clarity on midstream sector risks utilizing East Daley’s Treadmill
Incline Intensity™ (TII) calculation that quantifies legacy asset cash
flow decline across 27 midstream companies.
CENTENNIAL, Colo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/bakken?src=hash” target=”_blank”gt;#bakkenlt;/agt;–East
Daley Capital Advisors, Inc., an energy information and insights
provider that is redefining how markets view risk for midstream and
exploration and production (E&P), announced that “Dirty Little
Secrets – Market Fears Create Historic Opportunity in the Midstream
Sector,” is now available. The 200+-page report details the
opportunities and the risks across 27 companies in the midstream sector
by subdividing their cash flow at an asset-level, providing key insights
and EBITDA forecasts for 2019 and beyond. The 2019 report
includes a newly developed measure unique to East Daley called the
Treadmill Incline Intensity (TII) that figures in risks that eat away at
base business cash flows and offset future growth projects including:
contract roll-off risks, marketing risks, commodity price declines,
tariff rate cases and production.
“Companies with a higher TII face the most risk of generating cash flows
shortfalls versus market expectations,” said Justin Carlson, VP and
Managing Director, Research at East Daley Capital. “The higher the TII,
the more the risk to future cash flows and thus the more the company
should be doing to offset that risk.”
The 2019 report will dig deeper into some of the driving factors behind
the declines as we explore the impact of one of the major themes in
2019, demand-constrained growth for natural gas. Oil-driven natural gas
supply growth along with surging production in the Northeast is expected
to result in a reduced gas price environment that will reduce rigs in
Tier III basins.
Contact
East Daley to dive deeper into future trends with East
Daley’s Dirty Little Secrets Report, the definitive guide to
uncovering investment opportunities and assessing risk in the U.S.
midstream oil and gas sector. The 200+ page report will also provide a
crude, NGL and natural gas outlook as well as an in-depth analysis on
several key themes including how produced water could fuel
infrastructure, U.S. crude oil supply projected growth, the record level
DUC inventories and efficiencies that will be gained and more.
About East Daley Capital Advisors, Inc.
East Daley Capital is an energy information and insights provider that
is redefining how markets view risk for midstream and exploration and
production (E&P) companies. In addition to using top-level financial
data to predict a company’s performance, East Daley delivers asset and
commodity analysis that provides comprehensive, fact-based intelligence.
Supported by a team of unbiased, experienced financial and commodity
analysts, East Daley provides its clients unparalleled insight into how
midstream and E&P companies operate and generate cash flow, in addition
to commodity forecasting. East Daley uses publicly available fundamental
data and intersects that data with a company’s reported financials to
asset-level adjusted-EBITDA and distributable cash flow (DCF). The
result allows for more informed investment decisions. Founded in 2014,
the company is based in Centennial, Colorado. For more information visit http://www.eastdaley.com.
Contacts
East Daley Capital
Lisa Schellenberg
Director of
Marketing
O: 720-372-2962
lschellenberg@eastdaley.com
5161
East Arapahoe Road, Suite 411
Centennial, CO 80122