Range finds alternatives to ship NGLs due Penn. Mariner East shutdown [Reuters]
Range Resources Corporation (RRC)
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Source: Reuters
Range finds alternatives to ship NGLs due Penn. Mariner East shutdown | Reuters Reuters Staff 3 Min Read (Reuters) - U.S. oil and natural gas producer Range Resources Corp has found alternatives to ship natural gas liquids (NGL) to customers during the shutdown of Energy Transfer Partners LP’s Sunoco Mariner East 1 liquids pipeline in Pennsylvania. Range said in a note to investors and analysts on Thursday that it has capacity on the Mariner East 1 pipeline for 20,000 barrels per day (bpd) of both ethane and propane. Mariner East 1 was suspended on May 25, following a ruling by a Pennsylvania Public Utility Commission (PUC) Administrative Law Judge. ETP has asked the PUC to overturn the ALJ’s ruling on Mariner East. Analysts have said they expect the PUC to make a decision at or before a meeting on June 14. This was the second time this year that the PUC shut flows on the Mariner East 1 pipe. The state stopped liquids flows for over eight weeks from March to May after sinkholes were f
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RRC
Earnings
- 4/23/24 - Beat
RRC
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 144
- 4/24/24 - Form 8-K
- RRC's page on the SEC website