Latest news with #MarcusHook
Globe and Mail
16-07-2025
- Business
- Globe and Mail
Can Energy Transfer Gain From BIS' Current Stance on Ethane Export?
Energy Transfer LP ET, a midstream energy firm, is well-positioned for long-term value creation through its extensive pipeline network, diversified asset base and strong exposure to the natural gas liquids ('NGL') export market. The recent decision by the U.S. Bureau of Industry and Security ('BIS') to remove the license requirement for ethane exports to China can act as a catalyst for Energy Transfer's long-term growth. This regulatory change significantly reduces trade barriers and uncertainty prevailing over the ethane expor t to China and opens a major global demand center for U.S. ethane. Energy Transfer, which already exports ethane through its Marcus Hook terminal and operates pipelines connected to export hubs, is well-equipped to meet this rising demand and benefit from increased throughput volumes and export margins. The company operates more than 140,000 miles of pipelines and has a strategic footprint across key producing regions such as the Permian, Eagle Ford and Marcellus. This robust infrastructure enables efficient transportation and export of hydrocarbons, particularly ethane, which is vital for petrochemical production. The new regulatory development enhances Energy Transfer's competitiveness in the global ethane market, supporting higher utilization rates across its NGL infrastructure. This reinforces Energy Transfer's strategic vision of expanding international energy partnerships while capitalizing on its cost-advantaged U.S. supply position. How the Removal of the License Requirement Impacts Other Ethane Exporters This decision of BIS to revoke the licensing requirement can boost the prospects of other ethane exporters to China. Enterprise Products Partners EPD, which exports a large volume of ethane to China, will benefit and continue to export as BIS rescinded licensing requirements. Phillips 66 PSX has a significant presence in the global ethane market and China is a key destination for the U.S. ethane exports. PSX too will benefit from BIS' decision. ET Stock's Price Performance Units of ET have risen 3.9% in the past three months compared with the Zacks Oil and Gas - Production Pipeline - MLB industry's growth of 2.8%. Image Source: Zacks Investment Research ET's Earnings Estimates The Zacks Consensus Estimate for Energy Transfer's 2025 earnings per unit ('EPU') indicates a decline of 1.33% in the past 60 days, while the same for 2026 EPU indicates an increase of 2.56% in the same time period. Image Source: Zacks Investment Research ET's Units Are Trading at a Discount Energy Transfer's units are somewhat inexpensive relative to the industry. ET's current trailing 12-month Enterprise Value/Earnings before Interest, Tax, Depreciation and Amortization (EV/EBITDA) TTM is 10.16X compared with the industry average of 11.54X. This indicates that the firm is presently undervalued compared with its industry. ET's Zacks Rank Energy Transfer currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Enterprise Products Partners L.P. (EPD): Free Stock Analysis Report Phillips 66 (PSX): Free Stock Analysis Report Energy Transfer LP (ET): Free Stock Analysis Report
CBS News
09-06-2025
- CBS News
1 person dead in Delaware County house fire, officials say
A person died during a house fire in the Marcus Hook section of Delaware County Monday morning, according to Delaware County officials. Officials said a fire started at a home on 2nd and Market Streets after 10 a.m., leaving behind burnt debris and melted siding. CBS News Philadelphia As first responders investigated the scene, the brother of the family that resided in the home, John Johnson, stopped by to take a look at the damage. "The house caught on fire from the back, and they said they tried to get out, but the kids got out," Johnson said. Johnson said his brother-in-law wasn't able to get out of the burning home and died. "They had a hard time getting him out of the window, and he was deceased," Johnson said. "He was a good man. He was a pathologist. He worked at Crozer before he retired, and this happens." Johnson told CBS News Philadelphia that his sister, her husband, and their adult daughters and young sons lived in the home. As of now, officials are working to figure out what started the fire.
CBS News
21-05-2025
- Health
- CBS News
Delaware County mother thanks paramedics who saved her baby outside closed Crozer-Chester Medical Center
A Delaware County woman is reliving the frightening moments after her baby had a medical emergency outside Crozer-Chester Medical Center. In an exclusive interview with CBS News Philadelphia, Shaniqua Whitaker, of Marcus Hook, said she was at work at the time and her 5-month-old daughter, Shyanne Glen, was with her aunt. "They just called and said she wasn't breathing and my heart just dropped," Whitaker said. The medical emergency happened last week as a news conference outside the hospital in Upland, hosted by Pennsylvania Governor Josh Shapiro, was wrapping up. Dai'shanik Dickerson, Shyanne's aunt, said she was driving to Hobby Lobby with her niece in the back seat when she noticed something was wrong. Dickerson pulled over next to a group of paramedics and police officers who were gathered for the news conference. "When the officer took [Shyanne] from my hands, she was weak at the point, and he patted her aggressively twice in the back, and she let out the noise," Dickerson said. "And that was like a breath of fresh air for me." Even though Shyanne was at Crozer, she couldn't be admitted for treatment because the hospital has been shut down for weeks as its parent company, Prospect Medical Holdings, deals with bankruptcy. CBS Philadelphia VMSC Emergency Medical Services, whose staff members were on scene, took Shyanne by ambulance to Nemours Children's Hospital in Wilmington, a 20-minute drive away, where she was given a diagnosis. "They said it was an episode called BRUE, where it's like a brief resolved unexplained episode where babies will stop breathing for a brief moment," Whitaker said. Whitaker fears what could have happened if paramedics hadn't been in the right place at the right time. "It's fortunate that she [my daughter] was okay, but not everyone is going to have the same, you know, outcome," Whitaker said. "Thank you to the paramedics, to the cop who helped do the baby Heimlich, who got her to breathe again." Whitaker said her scare speaks to the potential consequences of a growing healthcare desert in Delaware County. "I couldn't imagine if something would have happened to my sister's only child, my only niece," Dickerson.
