Equitrans Midstream (ETRN) is going to cautiously continue with the Mountain Valley pipeline. The process with this project is in sharp contrast to the dispute that Dakota Access Pipeline (DAPL) involves Energy Transfer (ET). As a result, Equitrans Midstream shareholders have few of the worries of Energy Transfer Shareholders.
Equitrans Midstream really waited for some key court cases before deciding how to proceed. That may have raised the costs some but it prevented the possibility of liability issues that Energy Transfer may or may not face and it probably will save