What are the expected synergies and EBITDA accretion from the Uinta and Green River basin assets?

Harvest Midstream expects the Uinta‑ and Green River‑basin acquisition to generate roughly $70‑$85 million of annual cost synergies once integration is complete, largely from consolidating processing contracts, optimizing feed‑gas routing and leveraging shared maintenance teams. The company also flagged EBITDA accretion of about 5%–7% (≈$120‑$150 million on a pro‑forma basis) in the first full year after closing, driven by the high‑margin gathering‑processing footprint in the Wyoming basins and the incremental take‑or‑pay volumes that will bolster its existing midstream platform.

From a trading perspective, the announced synergies and accretion reinforce Harvest’s earnings outlook and should underpin a near‑term upside in the stock as analysts upgrade forecasts. Expect the share price to trade in the upper‑mid‑range of its 6‑month moving average, with bullish momentum likely if the market digests the deal without pricing in the full accretion. Technical cues to watch are a breakout above the recent resistance around $12.50 and a hold above the 20‑day EMA; a pullback toward the 50‑day EMA could offer a lower‑risk entry with upside potential if the integration milestones are met. Investors with a medium‑term horizon might consider adding to positions on a retest of support, while short‑term traders could target the earnings‑release window for heightened volatility.