HG Energy Rel Val Snapshot: Crude & Credit Webinar; HG Energy 2026 Mid-Year Outlook Webinar Replay; WMB Announces $5.34bn Power JV w/ Blackstone; AKERBP 2Q Results; SLB & Liberty Form Alliance

Research evidence excerpt

HG Energy Rel Val Snapshot: Crude & Credit Webinar; HG Energy 2026 Mid-Year Outlook Webinar Replay; WMB Announces $5.34bn Power JV w/ Blackstone; AKERBP 2Q Results; SLB & Liberty Form Alliance

J P M O R G A N North America Credit Research

15 July 2026

HG Energy Rel Val Snapshot

Crude & Credit Webinar; HG Energy 2026 Mid-Year

Outlook Webinar Replay; WMB Announces $5.34bn

Power JV w/ Blackstone; AKERBP 2Q Results; SLB &

Liberty Form Alliance

North America Corporate Credit -

Energy (IG)

Matthew Anavy, CFA AC

(1-212) 834-3568

matthew.a.anavy@jpmorgan.com

Register for Crude & Credit Webinar: We are pleased to invite you to join Matt Amanda Fischer

Anavy and Tarek Hamid from our Credit Research team and Natasha Keneva, (1-212) 834-2641

amanda.fischer@jpmchase.com

Head of Commodity Research, to talk about the Crude markets and their impact on J.P. Morgan Securities LLC

Investment Grade and High Yield Energy credit. When: Tuesday, July 21 at 11am

EST. Please register your participation here.

Replay Available – High Grade Energy 2026 Mid-Year Outlook Webinar: We

would like to thank everyone who joined our High Grade Energy 2026 Mid-Year

Outlook webinar last week. Please click here to access the webinar replay and here

to access the slides. As always, please reach out with any questions.

WMB Secures $5.34bn Investment from Blackstone: On Monday, WMB

announced a $5.34bn investment in its Power Innovation JV from Blackstone

Credit & Insurance, in partnership with Apollo and KKR. Blackstone and its

partners will provide $5.34bn in committed capital in exchange for a 49% non-

controlling stake in five BTM Power Innovation projects (Socrates, Apollo,

Aquila, Socrates the Younger, Neo). The commitment includes $4.4bn, covering