Geopolitics Alpha

Ridgeline Is Online: Pipeline to Kingston Now Open for Business

Published . Updated .

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ENERGYRidgeline Is Online: Pipeline toKingston Now Open for BusinessENBGEOPOLITICS ALPHA

On Oct. 22, we told you Enbridge's 122-mile Ridgeline Expansion Project in Tennessee was just about ready to flow (see Ridgeline Nears Startup; Court Shreds Ruling Against TVA Gas Plant). Now it's official. On Oct. 30, FERC staff gave East Tennessee Natural Gas (ETNG), an

Directly affected

  • ENB Enbridge+3.0% 30d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-13.5% 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-1.6% 30d

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

  • XLU Utilities Select Sector SPDR+7.1% 30d

    Utilities Select Sector SPDR: it holds power utilities. Linked by “gas plant” (power and utilities) 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+9.1% 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-0.9% 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ENB-1.62%+0.13%base-0.53%-0.83%-2.22%-4.71%
UNG+6.94%+1.94%base+1.22%+3.00%+2.77%+3.66%
XLE+1.44%+2.16%base-0.83%-5.53%-7.74%-8.36%
AMLPNo price data for this ticker———————
XLU-1.89%-1.22%base-0.57%-0.11%-1.18%-1.24%
KMI+3.48%+3.80%base+0.49%-3.67%-7.10%-8.05%
LNG-3.81%+2.35%base-0.14%-6.29%-9.55%-10.77%
WMB+4.07%+5.18%base+1.82%-4.66%-9.90%-9.98%
EQT+2.63%-0.55%base-1.08%-4.23%-7.69%-9.40%

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.

Ridgeline Is Online: Pipeline to Kingston Now Open for Business Marcellus Drilling News

Source: Marcellus Drilling News

Energy

CompanyWhenMoveStatus
ENBthat day-0.53%final price
ENBthe next day-0.83%final price
ENBtwo days later-2.22%final price
ENBthree days later-4.71%final price
ENBthree days earlier+0.13%final price
ENBfive days earlier-1.62%final price
EQTthat day-1.08%final price
EQTthe next day-4.23%final price
EQTtwo days later-7.69%final price
EQTthree days later-9.40%final price
EQTthree days earlier-0.55%final price
EQTfive days earlier+2.63%final price
KMIthat day+0.49%final price
KMIthe next day-3.67%final price
KMItwo days later-7.10%final price
KMIthree days later-8.05%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 later-10.77%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+3.00%final price
UNGtwo days later+2.77%final price
UNGthree days later+3.66%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 later-9.98%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-5.53%final price
XLEtwo days later-7.74%final price
XLEthree days later-8.36%final price
XLEthree days earlier+2.16%final price
XLEfive days earlier+1.44%final price
XLUthat day-0.57%final price
XLUthe next day-0.11%final price
XLUtwo days later-1.18%final price
XLUthree days later-1.24%final price
XLUthree days earlier-1.22%final price
XLUfive days earlier-1.89%final price

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

12 out of 100

“Ridgeline Is Online: Pipeline to Kingston Now Open for Business” scores 12 out of 100. The score uses 1 sources.