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Recent
1/13
Long overdue annual update on Midstream returns on capital deployed.
Period covered: 2018 to 2025
Companies Covered: $KMI, $OKE, $LNG, $WMB, $TRGP, $EPD, $ET, $MPLX, $PAA
Last year's Analysis/Thread below for reference:
Long overdue annual update on Midstream returns on capital deployed.
Period covered: 2018 to 2025
Companies Covered: $KMI, $OKE, $LNG, $WMB, $TRGP, $EPD, $ET, $MPLX, $PAA
Last year's Analysis/Thread below for reference:
2/13
Methodology:
a) Compute ∆ EBITDA b/w Q3'25 & Q3'18
b) Annualize change in (a) = cumulative EBITDA growth
c) Calculate Total Capital Deployed b/w 2018 and 2024 = CAPEX + Acquisitions (incl. stock-for-stock) - Divestitures
Return = ∆ Annualized EBITDA ÷ Capital Deployed
Methodology:
a) Compute ∆ EBITDA b/w Q3'25 & Q3'18
b) Annualize change in (a) = cumulative EBITDA growth
c) Calculate Total Capital Deployed b/w 2018 and 2024 = CAPEX + Acquisitions (incl. stock-for-stock) - Divestitures
Return = ∆ Annualized EBITDA ÷ Capital Deployed
3/13
Starting with $KMI, between 2018 and 2024:
Capital Deployed = $15 billion
∆ EBITDA = $400 $600 million
Return = 2.7% to 4.0%
Return for the 2018 to 2023 period = 0% to 1.6%
Improving trajectory for sure...let's see if this can continue
Starting with $KMI, between 2018 and 2024:
Capital Deployed = $15 billion
∆ EBITDA = $400 $600 million
Return = 2.7% to 4.0%
Return for the 2018 to 2023 period = 0% to 1.6%
Improving trajectory for sure...let's see if this can continue
🔥 New research shows that sleep disturbance directly harms intestinal stem cells.
➡️ Acute sleep deprivation impaired stem-cell function in the gut, disrupting normal tissue renewal.
👉 Mechanism uncovered:
➡️ Sleep loss triggered aberrant vagus-nerve signaling from brain to gut, leading to intestinal stem-cell dysfunction.
➡️ This disrupted the gut’s ability to repair itself. 1/
➡️ Acute sleep deprivation impaired stem-cell function in the gut, disrupting normal tissue renewal.
👉 Mechanism uncovered:
➡️ Sleep loss triggered aberrant vagus-nerve signaling from brain to gut, leading to intestinal stem-cell dysfunction.
➡️ This disrupted the gut’s ability to repair itself. 1/
Key cellular changes after sleep deprivation:
• Shortened crypt-villus architecture
• Loss of Paneth cells
• Impaired intestinal stem-cell activity
All critical for maintaining gut health. 2/
• Shortened crypt-villus architecture
• Loss of Paneth cells
• Impaired intestinal stem-cell activity
All critical for maintaining gut health. 2/
👉 Important implication:
➡️ Sleep disorders may contribute to chronic gastrointestinal diseases by altering brain-to-gut neural signaling and stem-cell function.
⚠️ Sleep is not just rest—it is essential for tissue regeneration. 3/
➡️ Sleep disorders may contribute to chronic gastrointestinal diseases by altering brain-to-gut neural signaling and stem-cell function.
⚠️ Sleep is not just rest—it is essential for tissue regeneration. 3/
Tehran 1979:
Islammunists hail the Court of Islamic Revolution, wishing for its executions to continue forever.
Sydney 2026:
Lunatic left calls for the execution of the @nswpolice officers. Apparently, for the “crime” of enforcing a law other than Sharia.
Islammunists hail the Court of Islamic Revolution, wishing for its executions to continue forever.
Sydney 2026:
Lunatic left calls for the execution of the @nswpolice officers. Apparently, for the “crime” of enforcing a law other than Sharia.
Notice the sign on the stage. In large fonts, in the middle is “Palestine”.
Top left, in smaller font: “Zionism. Imperialism”
The speaker quite truthfully insists: “We are all students of the school of Mohammad Mosaddegh.”
Top left, in smaller font: “Zionism. Imperialism”
The speaker quite truthfully insists: “We are all students of the school of Mohammad Mosaddegh.”
Also notice this sign, where Islammunists are Jewsplaining Iranian Jews:
“Iranian Jews don't need the fake sympathy of [Jimmy] Carter and [Menachem] Begin.”
“Iranian Jews don't need the fake sympathy of [Jimmy] Carter and [Menachem] Begin.”
🧵 In response to my posts on X today, DOJ
1) unredacted an FBI file that LABELS two individuals as co-conspirators
2) unredacted a file that lists several men who might be implicated
3) tacitly admitted that Sultan Ahmed Bin Sulayem was the sender of the torture video
1) unredacted an FBI file that LABELS two individuals as co-conspirators
2) unredacted a file that lists several men who might be implicated
3) tacitly admitted that Sultan Ahmed Bin Sulayem was the sender of the torture video
🧵1) This is significant because Kash Patel testified to Congress that FBI had no evidence of other sex traffickers. This is FBI’s own 2019 document listing Wexner as coconspirator in child sex trafficking. It wasn’t unredacted until tonight.
🧵2) Here DOJ acts as if they were justified in redacting the men’s names simply because the document contains victims names. Tonight they learned you can redact victim names while still publishing the other names, per our law.
🧵Thread: A sociological analysis of halftime shows as tools of the ruling class to manage political crisis thru counterinsurgency
Halftime shows absorb unrest, convert conflict into spectacle, and offer superficial catharsis in place of structural change.
The NFL is a multi-billion dollar industry that feature intense displays of patriotism and US militarism.
The bacterial flagellum is a striking example of integrated biological teleology. The appearance of contrivance in such systems shouldn’t be seen as in explanatory competition with evolutionary biology.
Evolutionary mechanisms explain how structures like the rotor–stator complexes, hook, and filament can arise through cumulative selection and the reuse of functional subcomponents. However, this doesn’t eliminate the deeper question of why the natural world possesses the...
...law-governed regularities, physicochemical affordances, and convergent propensities that make such evolvable systems possible in the first place. The flagellar motor’s capacity to harness ion gradients to generate torque through conformational changes exemplifies...
Revenge of the Neanderthal./📕
People are finally ready to read this.
A deeply flawed and demonic chaos parasitic species, created by an enemy of our super-species. Almost eradicated by our ancestors (my species, Cro-Magnons), but we could only seemingly get rid of their males.
People are finally ready to read this.
A deeply flawed and demonic chaos parasitic species, created by an enemy of our super-species. Almost eradicated by our ancestors (my species, Cro-Magnons), but we could only seemingly get rid of their males.
Your CRM is a gold mine for warm leads.
5 CRM reports every sales team should run monthly:
5 CRM reports every sales team should run monthly:
1. Canceled customers (last 24 months)
Filter by: cancel reason, company size, deal size
Why: people leave products but their pain points don't just disappear.
This is the lowest hanging fruit in outbound.
Filter by: cancel reason, company size, deal size
Why: people leave products but their pain points don't just disappear.
This is the lowest hanging fruit in outbound.
2. Closed-Lost with new leadership
Pull opportunities that went dark. Cross-reference with LinkedIn job changes.
New VP of Sales? New CTO? New CFO?
Same company = warm intro.
Pull opportunities that went dark. Cross-reference with LinkedIn job changes.
New VP of Sales? New CTO? New CFO?
Same company = warm intro.
Hi I will be live reporting today's Regular Meeting of the 11th Police District Council for the Community Commission for Public Safety and Accountability @CHIdocumenters
The meeting is held at Legler Library at 115 S Pulaski, and scheduled to begin at 6:30pm
The meeting is held at Legler Library at 115 S Pulaski, and scheduled to begin at 6:30pm
From the 11th District Council website ():
"Neighborhoods in the 11th District Council include: Humboldt Park, Garfield Park, North Lawndale and North Lawndale."ccpsa.chicago.gov/district-counc…
"Neighborhoods in the 11th District Council include: Humboldt Park, Garfield Park, North Lawndale and North Lawndale."ccpsa.chicago.gov/district-counc…
The Agenda for today’s meeting is pictured below:
The response to the Senate on 4 Feb 2026 suggests a clean break by Segal from prior commitments when she took up the Antisemitism Czar role.
Note the answer does not provide any dates.
So I will supply them.
Firstly Segal was announced as the Czar on 9 July 2024.
Note the answer does not provide any dates.
So I will supply them.
Firstly Segal was announced as the Czar on 9 July 2024.
Australia-Israel Chamber of Commerce:
Segal did not resign from the Chamber until March 17, 2025—nine months into her tenure.
She had to correct the record in the NSW Leg Council when she originally said she had resigned from the Chamber in 2024.
Segal did not resign from the Chamber until March 17, 2025—nine months into her tenure.
She had to correct the record in the NSW Leg Council when she originally said she had resigned from the Chamber in 2024.
Rabobank:
Segal remained a director at Rabobank until November 27, 2024, approximately five months after accepting the Antisemitism Czar role.
Segal remained a director at Rabobank until November 27, 2024, approximately five months after accepting the Antisemitism Czar role.
Most infectious disease specialists have no clue what they’re talking about when it comes to airborne transmission.
Instead listen to the aerosol scientists, occupational hygienist, engineers and HVAC specialists. #ASHRAE
@alandrummond2 @mtlgazette @KarlweissMD @Aaron_Derfel
Instead listen to the aerosol scientists, occupational hygienist, engineers and HVAC specialists. #ASHRAE
@alandrummond2 @mtlgazette @KarlweissMD @Aaron_Derfel
No clue about aerosol transmission: «Probably most important (thing) is to have you & your child wash their hands … either with alcohol-based sanitizers that are installed on walls & around the WR & the (ER), or just soap & water» Dr. Rubin, peds Montreal Children’s Hospital
«Rubin added that staying far away from people who are coughing can also help, though isn’t always possible when a facility is busy.» Dr. Rubin, peds ID, Montreal Children’s
Shows no clue about airborne transmission. Distance isn’t enough if you spend hours in packed ER WR.
Shows no clue about airborne transmission. Distance isn’t enough if you spend hours in packed ER WR.
🔥Ukraine has cards, Russia is burning, Trump pretends not to see it.
🧵 1/20
🧵 1/20
🔥Kapustin Yar Test Site hit Ukrainian FP-5 Flamingo cruise missiles hit hangar complex at Kapustin Yar in Astrakhan. Pre-launch preparation buildings for medium-range ballistic missiles suffer heavy damage. Personnel evacuated — Russia's strategic missile testing crippled.
2/20
2/20
🔥SBU Sky Record Broken: Alpha fighters down 2,220 large enemy UAVs in 2025 — record for Defense Forces. Interceptions outpace all others — Ukraine's counter-UAV capability dominates skies, neutralizing Russia's terror weapon.
3/20
3/20
