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Equitrans Midstream Stock Soars 42% Thanks to MVP in Debt Bill

Although the debt ceiling bill ("Fiscal Responsibility Act of 2023") is far from being voted on and passed, the investor world thinks it's a done deal based on how *they* vote--with their money. The debt bill contains a provision that forces the completion of Mountain Valley Pipeline (MVP), a 303-mile Marcellus/Utica natural gas pipeline from
Marcellus Utica Circuit Court Responsibility Act Mountain Valley Pipeline Wetzel County Pittsylvania County

Equitrans Midstream Co. (NYSE:ETRN) Sees Large Decline in Short Interest

Equitrans Midstream Co. (NYSE:ETRN – Get Rating) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 16,570,000 shares, a drop of 5.3% from the April 30th total of 17,500,000 shares. Currently, 3.9% of the company’s stock are sold short. Based on an average trading volume of […]
Kirkr Oliver Raymond James Equitrans Midstream Company Profile Securities Exchange Commission Equitrans Midstream Corp Goldman Sachs Group

Terrible public policy': Why the debt deal infuriates climate activists

The deal keeps intact spending in Bidenโ€™s landmark climate bill, but it expedites a natural gas pipeline backed by Sen. Joe Manchin III (D-W.Va.). WP BY TIMOTHY PUKO, UPDATED MAY 29, EDT|PUBLISHED MAY 29, 2023 AT 6:07 P.M. EDT A long-disputed Appalachian natural gas pipeline could be on a fast track to completion as part of the new debt ceiling deal.
White House District Of Columbia United States Mountain Valley West Virginia Jason Grumet

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