- E&P capex discipline will keep higher volume expectations at bay in the near-term, hindering organic growth
- Improved natural gas and liquids prices reduce volumetric risks
- 2022 midstream growth capex will continue declining, limiting future EBITDA growth
- M&A activity should pick up, focusing on operational synergies
- Share buybacks and modest distribution increases are likely with improved free cash flow
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SpeakersSteve Wood Managing Director, Corporate Finance Moody's Investors Service
Sajjad Alam Vice President - Senior Credit Officer, Corporate Finance Moody’s Ratings
Arvinder Saluja Vice President - Senior Analyst, Corporate Finance Moody's Investors Service
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