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Pipeline agency use of eminent domain criticized

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Pipeline agency use of eminent domain criticized

Greg Davenport says he’s not opposed to progress. But he has serious misgivings when it comes to a proposed 16-inch natural gas pipeline that a public agency wants to run

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-19.6% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • AMLP Alerian MLP ETF-1.7% 30d

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

  • KMI Kinder Morgan

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

  • LNG Cheniere Energy+5.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) 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.

  • EQT Eqt+5.1% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG+6.94%+1.94%base+1.22%+2.94%+2.77%after close
XLE+1.44%+2.16%base-0.83%-5.58%-7.74%after close
AMLPNo price data for this ticker———————
KMI+3.48%+3.80%base+0.49%-3.67%-7.10%after close
LNG-3.81%+2.35%base-0.14%-6.29%-9.55%after close
WMB+4.07%+5.18%base+1.82%-4.66%-9.90%after close
EQT+2.63%-0.55%base-1.08%-4.23%-7.69%after close
ET+0.86%+3.16%base-0.86%-3.48%-5.18%after 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.

Pipeline agency use of eminent domain criticized Kentucky New Era

Source: Kentucky New Era

Energy

CompanyWhenMoveStatus
EQTthat day-1.08%final price
EQTthe next day-4.23%final price
EQTtwo days later-7.69%final price
EQTthree days earlier-0.55%final price
EQTfive days earlier+2.63%final price
ETthat day-0.86%final price
ETthe next day-3.48%final price
ETtwo days later-5.18%final price
ETthree days earlier+3.16%final price
ETfive days earlier+0.86%final price
KMIthat day+0.49%final price
KMIthe next day-3.67%final price
KMItwo days later-7.10%final price
KMIthree days earlier+3.80%final price
KMIfive days earlier+3.48%final price
LNGthat day-0.14%final price
LNGthe next day-6.29%final price
LNGtwo days later-9.55%final price
LNGthree days earlier+2.35%final price
LNGfive days earlier-3.81%final price
UNGthat day+1.22%final price
UNGthe next day+2.94%final price
UNGtwo days later+2.77%final price
UNGthree days earlier+1.94%final price
UNGfive days earlier+6.94%final price
WMBthat day+1.82%final price
WMBthe next day-4.66%final price
WMBtwo days later-9.90%final price
WMBthree days earlier+5.18%final price
WMBfive days earlier+4.07%final price
XLEthat day-0.83%final price
XLEthe next day-5.58%final price
XLEtwo days later-7.74%final price
XLEthree days earlier+2.16%final price
XLEfive days earlier+1.44%final price

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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 “Pipeline agency use of eminent domain criticized” looks

12 out of 100

“Pipeline agency use of eminent domain criticized” scores 12 out of 100. The score uses 1 sources.