Gas Processors Report

DCP Midstream Partners’ Borer Anticipates Organic Growth to Increase

Mark Borer, president and CEO of DCP Midstream Partners LP, said the company will maintain its growth strategy that focuses on acquisitions, organic growth and optimizing assets.

Regency’s Bradley: Diverse Holdings Key to Reducing Risk

Michael Bradley, who was recently named as CEO and president of Regency Energy Partners, spoke at the ninth annual Wells Fargo Securities Pipeline and MLP Symposium in New York City this week and highlighted the company’s diverse holdings as one of its key strengths.

NGL Resurgence Shifts Profitability to Shales - Report

The U.S. natural gas liquids (NGL) market is surging – driven by a combination of high NGL prices relative to natural gas, growing production in rich-gas shale plays and the increased use of cryogenic gas processing technologies, according to a new report by Bentek Energy LLC..

Spectra’s Reddy Expects to Exceed Yearly Growth Expectations

Speaking at Spectra Energy’s recent New York analyst meeting, CFO Pat Reddy said that he anticipates the company exceeding their 20% yearly earnings growth expectations with normal winter weather and with commodity prices holding at their current levels.

Unconventionals Remain the Industry’s Growth Mechanism

On the demand side, 2011 is going to be tough for natural gas producers. In fact, in the words of Dan Pickering, co-president of Tudor, Pickering, Holt & Co. LLC, the unconventional gas market is “uninspiring.”

Enterprise Brings Fourth Mont Belvieu Fractionator Online

Enterprise Products Partners LP brought its fourth natural gas liquids (NGL) fractionator at Mont Belvieu, Texas, online last week – ahead of schedule and under budget.

Enbridge Anticipates Cash Flow Growth Outpacing Earnings Growth

Enbridge announced that it would increase its dividend by 15% in 2011, which follows a similar dividend increase this year. The increase was attributed to the continued strength of its growth projects portfolio.

El Paso Corp., KKR Form New Midstream Joint Venture

El Paso Midstream Group Inc., a subsidiary of El Paso Corp., and Kohlberg Kravis Roberts & Co. (together with its affiliates, KKR) recently announced that El Paso and KKR have executed agreements to create a new midstream joint venture. El Paso Midstream will operate the new venture, and they will each own a 50 % interest. The joint venture is consistent with El Paso’s commitment to develop midstream opportunities in a balance sheet-friendly manner. The transaction is expected to close by December 31, 2010.

Cheniere, Gas Natural Fenosa Sign MOU for LNG Processing Capacity at Sabine Pass

Gas Natural Fenosa has signed a non-binding memorandum of understanding (MOU) to acquire up to 1.5 million tons per year (mtpy) of bi-directional liquefied natural gas (LNG) processing capacity at Cheniere Energy Partners LP’s Sabine Pass LNG terminal in Cameron Parish, La.

NGL Margins Improve at Slower Rate Due to Higher Gas Prices

Increased natural gas feedstock prices worked to subdue frac spread margins this week, resulting in several margins retreating this week and others experiencing smaller increases despite improved natural gas liquids (NGL) prices.

C5+, Butane Prices Hit Two-Year High as Winter-Grade Gasoline Demand Increases

Natural gas liquids (NGL) prices increased the first week of December as they followed crude prices upward on a wave of stronger U.S. economic forecasts and Federal actions.