Diamondback Energy says a yellow light is flashing in the Permian Basin as growth slows, but it’s only a matter of time before it turns green, writes @DavidWethe https://t.co/qiLu9U6v0x ...

Production Outlook - Enterprise 预计 Permian 盆地的石油产量今年将保持稳定 [1] Market Dynamics - 尽管原油价格预计会下跌，Permian 盆地的石油产量仍将保持稳定 [1] Company Information - Enterprise 是 Permian 盆地最大的管道运营商之一 [1]

Financial Performance & Shareholder Returns - Delek US Holdings' market capitalization was $2.9 billion as of February 23, 2018 [5] - The company repurchased $118.8 million of stock from November 2017 to February 23, 2018 and approved a new $150 million authorization [5] - The regular quarterly dividend was increased by 33% to $0.20 per share from $0.15 per share [5] - Delek US had $931.8 million in cash and $1,465.6 million in debt as of December 31, 2017 [5] Strategic Initiatives & Synergies - The acquisition of Alon USA Energy closed on July 1, 2017, to purchase the remaining 53% [5] - The purchase of the remaining 18.4% of Alon USA Energy Partners LP units closed on February 7, 2018 [5] - The company expects to achieve run-rate synergies of approximately $105-$120 million in 2018 from the DK/ALJ combination, increased from the original target of $85-$105 million [39] - As of December 31, 2017, $89 million of annualized synergies had been captured [39] Logistics & Asset Optimization - The Big Spring Logistics assets dropdown to DKL is expected to close in March 2018, with an expected annualized EBITDA of $40.2 million [64, 65] - The Paline Pipeline expansion was completed in early March 2018, increasing capacity to 42,000 bpd from 35,000 bpd, with an $8 million estimated annualized EBITDA uplift [64] - A definitive agreement to sell West Coast terminals for $75 million in cash was announced on February 12, 2018 [8, 55]

Core Insights - Viper Energy, Inc. (VNOM) is acquiring Sitio Royalties for $4.1 billion, highlighting the ongoing profitability of operations in the Permian Basin despite declining crude prices [3][5][6] - The acquisition will increase VNOM's net royalty acres in the Permian to 85,700, with expected production of 122,000-130,000 barrels of oil equivalent per day by Q4 2025 [3][4][9] - The deal reflects the enduring attractiveness of the Permian Basin, where break-even costs are significantly low, making operations profitable even with current WTI prices below $65 per barrel [6][10] Company and Industry Analysis - The acquisition by VNOM indicates a positive outlook for midstream players like Enterprise Products Partners LP (EPD) and producers like Occidental Petroleum (OXY), as increased activity in the Permian is anticipated [2][9] - Occidental holds 2.9 million net acres in the Permian, with break-even costs below $50 per barrel, ensuring profitability in the current pricing environment [10] - EPD has a strong presence in the Permian and has connected over 1,000 new oil and gas wells to its infrastructure, with expectations for similar growth in the second half of 2025 [12][13]