'Manchin Gets Mountain Valley Pipeline Deal Into Debt Bill' -Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Senator Joe Manchin has secured a deal for the Mountain Valley Pipeline in the debt bill, potentially benefiting companies like Equitrans Midstream Corp (ETRN) and NextEra Energy (NEE).
May 29, 2023 | 12:02 am
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Equitrans Midstream Corp (ETRN) may benefit from the Mountain Valley Pipeline deal secured by Senator Manchin in the debt bill.
As a company involved in the Mountain Valley Pipeline project, Equitrans Midstream Corp (ETRN) may see a positive impact on its stock price due to the deal secured by Senator Manchin in the debt bill. This deal could lead to increased investment and growth for the company.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
NextEra Energy (NEE) may also benefit from the Mountain Valley Pipeline deal secured by Senator Manchin in the debt bill.
NextEra Energy (NEE) is another company involved in the Mountain Valley Pipeline project. The deal secured by Senator Manchin in the debt bill could lead to increased investment and growth for the company, positively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80