Equitrans' stock spikes after court ruling, rival project canceled [Reuters]
EQT Corporation (EQT)
Last eqt corporation earnings: 2/27 06:30 am
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Source: Reuters
Equitrans' stock spikes after court ruling, rival project canceled July 7 (Reuters) - Equitrans Midstream Corp’s shares spiked 15% on Tuesday following a favorable court ruling that should help the company finish its U.S. Mountain Valley natural gas pipeline and the cancellation of a competing pipeline that could help it find new customers. The U.S. Supreme Court issued an order late Monday in a case involving TC Energy Corp’s Keystone XL oil pipe that stayed part of a nationwide injunction by a federal district judge in Montana on the U.S. Army Corps of Engineers Nationwide Permit 12 program, which oil and gas pipelines need to cross waterbodies. “We view this as positive news for projects awaiting Nationwide Permit 12 permits, such as Mountain Valley,” analysts at ClearView Energy Partners LLC said, noting “We continue to believe the project could enter service in early 2021 as planned.” The 303-mile (488-kilometer) Mountain Valley from West Virginia to Virginia will cost roughly $5
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EQT
News
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- EQT Co. (NYSE: EQT) had its price target raised by analysts at Stephens from $46.00 to $47.00. They now have an "equal weight" rating on the stock.MarketBeat
EQT
Earnings
- 4/23/24 - Miss
EQT
Sec Filings
- 4/24/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/19/24 - Form 4
- EQT's page on the SEC website