Geopolitics Alpha

Tribe Says Pipeline Harm Statement Shouldn't Be Dismissed

Published . Updated .

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Tribe Says Pipeline Harm Statement Shouldn't Be Dismissed

A Native American tribe has asked a D.C. federal judge not to strike its natural resources director's statement about potential harm the Army Corps of Engineers will cause by allowing Enbridge Energy to reroute 41 miles of a pipeline around the tribe's lands.

Directly affected

  • ENB Enbridge+4.4% 30d

    Named in this report.

Indirectly affected

  • AMLP Alerian MLP ETF-0.5% 30d

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

  • ITA iShares U.S. Aerospace & Defense ETF+1.2% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “army” (defense) 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.

  • 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-0.5% 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+5.8% 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ENB-0.76%+1.06%base-0.31%-1.70%-4.20%-3.13%
AMLPNo price data for this ticker———————
ITA-4.02%-3.08%base-1.66%-5.60%-4.31%-0.65%
KMI+2.07%+2.98%base-4.13%-8.18%-8.91%-7.01%
WMB+2.46%+2.59%base-6.36%-11.37%-11.59%-8.40%
ET+3.01%+4.05%base-2.96%-4.48%-5.99%-4.85%
PAA+2.92%+2.57%base-2.44%-4.97%-7.48%-8.70%

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.

Tribe Says Pipeline Harm Statement Shouldn't Be Dismissed Law360

Source: Law360

Energy

CompanyWhenMoveStatus
ENBthat day-0.31%final price
ENBthe next day-1.70%final price
ENBtwo days later-4.20%final price
ENBthree days later-3.13%final price
ENBthree days earlier+1.06%final price
ENBfive days earlier-0.76%final price
ETthat day-2.96%final price
ETthe next day-4.48%final price
ETtwo days later-5.99%final price
ETthree days later-4.85%final price
ETthree days earlier+4.05%final price
ETfive days earlier+3.01%final price
ITAthat day-1.66%final price
ITAthe next day-5.60%final price
ITAtwo days later-4.31%final price
ITAthree days later-0.65%final price
ITAthree days earlier-3.08%final price
ITAfive days earlier-4.02%final price
KMIthat day-4.13%final price
KMIthe next day-8.18%final price
KMItwo days later-8.91%final price
KMIthree days later-7.01%final price
KMIthree days earlier+2.98%final price
KMIfive days earlier+2.07%final price
PAAthat day-2.44%final price
PAAthe next day-4.97%final price
PAAtwo days later-7.48%final price
PAAthree days later-8.70%final price
PAAthree days earlier+2.57%final price
PAAfive days earlier+2.92%final price
WMBthat day-6.36%final price
WMBthe next day-11.37%final price
WMBtwo days later-11.59%final price
WMBthree days later-8.40%final price
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 “Tribe Says Pipeline Harm Statement Shouldn't Be Dismissed” looks

25 out of 100

“Tribe Says Pipeline Harm Statement Shouldn't Be Dismissed” scores 25 out of 100. The score uses 2 sources.