Stifel is Constructive on These US Midstream Energy Stocks Amid Surging Power Demand

Plains All American Pipeline and Plains GP Holdings agreed to buy Silver Creek Midstream's Powder River Basin crude oil assets for $585m. The deal includes 600 miles of pipelines, 1.2m barrels of storage, and a 49% interest in a joint venture. Plains expects to expand its footprint and improve connectivity, with the sale expected to close in Q4 2026.

Plains All American Pipeline (PAA) announced a $585M acquisition in the Powder River Basin, following a similar move by Enbridge (ENB). PAA also completed its takeover of Gateway Pipeline. Liberty Energy (LBRT) CEO criticized California's energy policies, citing increased reliance on foreign fuel.

Tailwater Capital and EMG sold Powder River Basin midstream assets to Plains All American Pipeline for $585 million. The assets include 600 miles of pipelines with 350,000 barrels per day capacity. The deal expands Plains' infrastructure in Wyoming's Powder River Basin.

Plains All American Pipeline, L.P. (PAA) and Plains GP Holdings (PAGP) announced a $585 million acquisition of Silver Creek Midstream's Powder River Basin assets. The deal includes 600 miles of pipelines, 350,000 barrels per day of capacity, and 1.2 million barrels of storage. The acquisition is expected to close in Q4 2026, subject to regulatory approvals.

Energy Transfer (ET) reported strong Q2 2025 results with adjusted EBITDA up 31% YOY to $5.1B. The company raised its 2026 EBITDA outlook to $18.8B-$19.1B and aims for 3-5% annual dividend growth. It benefits from rising natural gas demand and long-term contracts, offering a 6.3% yield.

Enterprise Products Partners (EPD) reported a 2.8% increase in quarterly distribution to $0.56 per unit. Adjusted cash flow from operations rose 19% to $2.5 billion. Growth capital spending increased by over $700 million. The payout ratio fell to 56% on a trailing twelve-month basis. TIKR's target price for EPD is $41, suggesting a 6% total return by 2030.