Supreme Court Lets Work Resume On Manchin-Backed Gas Pipeline
Portfolio Pulse from Happy Mohamed
The Supreme Court has allowed work to resume on a gas pipeline backed by Senator Joe Manchin and operated by Equitrans Midstream Corp (ETRN). This decision could potentially boost the company's stock in the short term.
July 27, 2023 | 2:40 pm
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POSITIVE IMPACT
The Supreme Court's decision to allow work to resume on the gas pipeline could potentially boost Equitrans Midstream Corp's stock in the short term.
The Supreme Court's decision directly impacts Equitrans Midstream Corp as it allows work to resume on their gas pipeline. This could lead to increased revenues for the company, potentially boosting its stock price in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100