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Stock impact report

Sunoco cleared by regulator to resume Mariner East 2 pipeline, fined $12M [Seeking Alpha]

Sunoco LP Common Units representing limited partner interests (SUN) 
Last sunoco lp common units representing limited partner interests earnings: 2/19 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
Sunoco cleared by regulator to resume Mariner East 2 pipeline, fined $12MSunoco (NYSE:SUN) agrees to a $12.6M fine related to problems with its Mariner East 2 natural gas pipeline project butwill resume work under a consent agreement, says Pennsylvania's Department of Environmental Protection.The regulator says SUN has "taken steps to ensure the company will conduct the remaining pipeline activities in accordance with the law and permit conditions, and will be allowed to resume," after the project was halted in early January.SUN, a subsidiary of Energy Transfer Partners (NYSE:ETP), says it disagreed with the state's findings but agreed to the deal to avoid litigation and resume construction on the $2.5B project.Click to subscribe to real-time analytics on ETPNow read:Top 10 Dividend Contenders Cast 16-22.5% January Net Gains Per Broker 1-Year Targets » Show less Read more
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