Question · Q3 2025
Zack Van asked about the breakout of supply-push (Waha) versus demand-pull (data centers and other sources) contracts on the Hugh Brinson Pipeline, given Phase I is fully contracted. He also inquired if customers are starting to sign supply deals out of Waha to ensure gas availability, considering the numerous new Permian gas pipelines.
Answer
Mackie McCrea (Co-CEO) stated that Hugh Brinson initially started as demand-pull, then incorporated producer-push to reach completion, and now its growth and expansion are primarily demand-pull. He noted that some end-users have reached out to producers to lock up supply, and advised the market to secure production due to the significant new demand (11-12 Bcf) from announced pipelines over the next four and a half years.
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