Geopolitics Alpha

Justices to consider compensation standard for eminent domain on interstate pipelines

Published . Updated .

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Justices to consider compensation standard for eminent domain on interstate pipelines

The argument next week in Hoffman v WBI Energy Transmission, Inc. should give the justices a break from the back-and-forth sniping in high-profile stay applications of the last several weeks as they…

Directly affected

  • No company is named in this report.

Indirectly affected

  • AMLP Alerian MLP ETF-1.7% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.

  • KMI Kinder Morgan+5.0% 5d

    Kinder Morgan (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • ET Energy Transfer-1.9% 30d

    Energy Transfer (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • TRGP Targa Resources+5.5% 30d

    Targa Resources (natural gas transmission): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AMLPNo price data for this ticker———————
KMI+2.07%+2.98%base-3.57%after closeafter closeafter close
WMB+2.46%+2.59%base-5.48%after closeafter closeafter close
ET+3.01%+4.05%base-2.56%after closeafter closeafter close
TRGP+2.39%+5.50%base-3.58%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Justices to consider compensation standard for eminent domain on interstate pipelines SCOTUSblog

Source: SCOTUSblog

Energy

CompanyWhenMoveStatus
ETthat day-2.56%still updating
ETthree days earlier+4.05%final price
ETfive days earlier+3.01%final price
KMIthat day-3.57%still updating
KMIthree days earlier+2.98%final price
KMIfive days earlier+2.07%final price
TRGPthat day-3.58%still updating
TRGPthree days earlier+5.50%final price
TRGPfive days earlier+2.39%final price
WMBthat day-5.48%still updating
WMBthree days earlier+2.59%final price
WMBfive days earlier+2.46%final price

Energy

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100Price not final

“Justices to consider compensation standard for eminent domain on interstate pipelines” scores 12 out of 100. The score uses 1 sources. The price is not final yet.