San Mateo adds 20-mile gas pipeline, processing in Delaware Basin
Published . Updated .
Matador's San Mateo signs two Delaware Basin gas deals and plans a 300-MMft3d processing train and 20 miles of new gas pipeline in New Mexico by end-2028.
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-11.6% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas pipeline” (natural gas) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas pipeline” (natural gas) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “gas pipeline” (oil) in this story.
- AMLP Alerian MLP ETF-0.4% 30d
Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.
- EWW iShares MSCI Mexico ETF-2.1% 11d
iShares MSCI Mexico ETF holds stocks listed in Mexico, which this story is about (“mexico”).
- LNG Cheniere Energy+20.1% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story.
- EQT Eqt+4.1% 30d
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story.
- KMI Kinder Morgan+4.2% 7d
Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNGNo price data for this ticker | — | — | — | — | — | — | — |
| XLE | -0.51% | -2.20% | base | -1.84% | after close | after close | after close |
| USO | -1.54% | -1.29% | base | -5.75% | after close | after close | after close |
| AMLPNo price data for this ticker | — | — | — | — | — | — | — |
| EWWNo price data for this ticker | — | — | — | — | — | — | — |
| LNGNo price data for this ticker | — | — | — | — | — | — | — |
| EQTNo price data for this ticker | — | — | — | — | — | — | — |
| KMINo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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San Mateo adds 20-mile gas pipeline, processing in Delaware Basin Pipeline and Gas Journal
Source: Pipeline and Gas Journal
Price since this story was published: United States Natural Gas Fund (UNG)
| Company | When | Move | Status |
|---|---|---|---|
| USO | that day | -5.75% | still updating |
| USO | three days earlier | -1.29% | final price |
| USO | five days earlier | -1.54% | final price |
| Select Sector Spdr Tr (XLE) | that day | -1.84% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.20% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -0.51% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 67 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Eqt (EQT), worth $1,001 - $15,000 on 17 Aug 2026. That is 77 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 80 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 55 days before publication. Filed 22 Oct 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $15,001 - $50,000 on 20 Aug 2026. That is 74 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $1,001 - $15,000 on 19 Aug 2026. That is 75 days before publication. Filed 17 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
United States Natural Gas Fund (UNG) on one side of this energy story
Companies carried with this story
- UNG United States Natural Gas Fund
For “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas pipeline” (natural gas) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin.” Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas pipeline” (natural gas) in this story
- AMLP Alps Etf Tr
For “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin,” Alps Etf Tr (AMLP) is linked, with no stored direction, medium confidence. Reason on file: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story
- LNG Cheniere Energy
For “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story
- EQT Eqt
Eqt (EQT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin.” Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story
- KMI Kinder Morgan
Kinder Morgan (KMI) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin.” Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story
- WMB Williams Companies
In “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story
- NFG National Fuel Gas
National Fuel Gas (NFG) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin.” Reason on file: National Fuel Gas (natural gas distribution): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story
How energy news reaches United States Natural Gas Fund (UNG)
United States Natural Gas Fund (UNG) is the company in “San Mateo adds 20-mile gas pipeline, processing in Delaware Basin,” the 2 Nov 2026 Energy story.
For United States Natural Gas Fund (UNG), the reason on file says United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas pipeline” (natural gas) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas pipeline” (natural gas) in this story
Dates and price levels for United States Natural Gas Fund (UNG)
AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 54.12. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.08. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.
How solid the energy case looks
46 out of 100Price not final
“San Mateo adds 20-mile gas pipeline, processing in Delaware Basin” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.