Geopolitics Alpha

Letter: Diligent scrutiny of risky projects — like the proposed pipeline in Emigration Canyon — is thoroughly justified. I found out the hard way.

Published . Updated .

Letter: Diligent scrutiny of risky projects — like the proposed pipeline in Emigration Canyon — is thoroughly justified. I found out the hard way.

Letter: The gas company bought our land in Wisconsin. We had hoped to sell it to a family with kids that would explore and have adventures there. Instead, thanks to a pipeline explosion, it may never be habitable.

Directly affected

  • No company is named in this report.

Indirectly affected

  • AMLP Alerian MLP ETF-0.4% 30d

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

  • UNG United States Natural Gas Fund-11.6% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • KMI Kinder Morgan+4.2% 7d

    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+0.1% 30d

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

  • PAA Plains All American Pipeline, L.P+6.1% 30d

    Plains All American Pipeline, L.P (pipe lines (no natural gas)): pipeline operators earn fees on the oil and gas they move. Linked by “pipeline” (pipelines) in this story.

  • EQT Eqt+4.1% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • CNQ Canadian Natural Resources+3.3% 30d

    Canadian Natural Resources (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AMLPNo price data for this ticker———————
UNGNo price data for this ticker———————
KMINo price data for this ticker———————
WMBNo price data for this ticker———————
ETNo price data for this ticker———————
PAANo price data for this ticker———————
EQTNo price data for this ticker———————
CNQNo price data for this ticker———————

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.

Market Call

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Letter: Diligent scrutiny of risky projects — like the proposed pipeline in Emigration Canyon — is thoroughly justified. I found out the hard way. The Salt Lake Tribune

Source: The Salt Lake Tribune

Trades by members of Congress and officials in the stocks in this story

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

25 out of 100

“Letter: Diligent scrutiny of risky projects — like the proposed pipeline in Emigration Canyon — is thoroughly justified. I found out the hard way.” scores 25 out of 100. The score uses 2 sources.