Director and Senior Equity Analyst at Citi
Spiro Dounis is a Director and Senior Equity Analyst at Citi, specializing in midstream and energy services research with coverage of leading companies such as Williams Companies, ONEOK, MPLX LP, and other major US and Canadian midstream operators. He has established a strong performance record, maintaining a 63% success rate and an average return of 8.4% per rating according to TipRanks, ranking among the top 10% of Wall Street analysts. Dounis began his analyst career in the midstream sector and has built his expertise through years of focused coverage at Citi, where he continues to shape sector perspectives and investment strategy. He holds relevant FINRA registrations and securities licenses required for his analyst role, reflecting his commitment to professional standards and industry best practices.
Inquired about the progress of CCS commercialization and the potential size and timing of LNG-related opportunities in Louisiana, particularly storage.
CCS progress with Exxon is ongoing, with pipeline work and permitting underway; discussions with other parties are active but not public. Louisiana storage is a key near-term opportunity, and the company is studying expansions to its existing 15 Bcf capacity.