கூட்டாட்சியின் ஆற்றல் ஒழுங்குமுறை கமிஷன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from கூட்டாட்சியின் ஆற்றல் ஒழுங்குமுறை கமிஷன். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In கூட்டாட்சியின் ஆற்றல் ஒழுங்குமுறை கமிஷன் Today - Breaking & Trending Today

Equitrans Cuts Guidance as Appalachian Producers Continue to Hunker Down


Equitrans Cuts Guidance as Appalachian Producers Continue to Hunker Down
Equitrans Midstream Corp. has significantly cut its 2021 financial forecast as Appalachian natural gas producers continue to curb spending and output.
Equitrans, the third largest natural gas gatherer in the United States with operations in Ohio, Pennsylvania and West Virginia, this month cut its net income guidance for next year to $540-610 million. That’s down from the 2020 forecast that was issued at about the same time last year calling for $1.05-1.10 billion of net income. 
Appalachian pure-play EQT Corp., Equitrans’ largest upstream customer and the Lower 48’s biggest natural gas producer, renegotiated its midstream contracts for fee relief in the coming years that kicks in beginning in 2021. Meanwhile, producers across the country have continued to curb spending and limit output amid lackluster commodity prices and weak demand during the Covid-19 pandemic.  ....

United States , West Virginia , Energy Regulatory Commision , Equitrans Midstream Corp , Equitrans Midstream , Mountain Valley Pipeline , Federal Energy Regulatory Commision , ஒன்றுபட்டது மாநிலங்களில் , மேற்கு வர்ஜீனியா , ஆற்றல் ஒழுங்குமுறை கமிஷன் , மலை பள்ளத்தாக்கு குழாய் , கூட்டாட்சியின் ஆற்றல் ஒழுங்குமுறை கமிஷன் ,