ETRN - EQM Midstream Partners: MVP Consequences
EQM Midstream Partners (EQM) announced a way to deal with the Mountain Valley Project Challenges and the ongoing natural gas pricing weakness. Mr. Market feigned surprise even though the latest quarterly report contained no new news. The major Mountain Valley Project Pipeline feeds into another Atlantic Coast Pipeline. The Atlantic Coast Pipeline is the source of considerable controversy for its proposal to traverse under the Appalachian Trail.
As usual the environmentalists are on one side and business with its allies is on the other side. As usual, no one knows how the