Geopolitics Alpha

Underground gas pipeline struck during construction in Bridgeport, Pennsylvania, officials say

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ENERGYUnderground gas pipeline struckduring construction in Bridgeport,Pennsylvania, officials sayGEOPOLITICS ALPHA

This report is about natural gas and pipelines.

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 “gas pipeline” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas pipeline” (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.

  • LNG Cheniere Energy+5.7% 30d

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

  • EQT Eqt+4.3% 30d

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

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas pipeline” (natural gas) in this story.

  • NFG National Fuel Gas-4.3% 30d

    National Fuel Gas (natural gas distribution): 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-1.94%-1.51%baseafter closeafter closeafter closeafter close
XLE+13.47%+8.12%baseafter closeafter closeafter closeafter close
AMLPNo price data for this ticker———————
LNG+18.19%+11.32%baseafter closeafter closeafter closeafter close
EQT+9.38%+7.16%baseafter closeafter closeafter closeafter close
KMI+12.15%+8.91%baseafter closeafter closeafter closeafter close
WMB+15.76%+12.83%baseafter closeafter closeafter closeafter close
NFG+7.45%+6.20%baseafter closeafter 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.

Underground gas pipeline struck during construction in Bridgeport, Pennsylvania, officials say CBS News

Source: CBS News

Energy

CompanyWhenMoveStatus
EQTthree days earlier+7.16%final price
EQTfive days earlier+9.38%final price
KMIthree days earlier+8.91%final price
KMIfive days earlier+12.15%final price
LNGthree days earlier+11.32%final price
LNGfive days earlier+18.19%final price
NFGthree days earlier+6.20%final price
NFGfive days earlier+7.45%final price
UNGthree days earlier-1.51%final price
UNGfive days earlier-1.94%final price
WMBthree days earlier+12.83%final price
WMBfive days earlier+15.76%final price
XLEthree days earlier+8.12%final price
XLEfive days earlier+13.47%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

“Underground gas pipeline struck during construction in Bridgeport, Pennsylvania, officials say” scores 12 out of 100. The score uses 1 sources.