Energy Market Commentary // Pipelines

ACP on the Trail to the Supreme Court

March 7, 2019 |
Atlantic Coast Pipeline (ACP) and Mountain Valley Pipeline (MVP) both intended to enter service in late 2018.  However, regulatory delays pushed MVP’s scheduled in service date to late 2019. Additionally, ACP projects to enter service in early 2021. ACP’s...
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Alpine High Expectations Move Low(er)

March 6, 2019 |
Last week, the market was caught off-guard when Apache (NYSE:APA) lowered the outlook for volume growth in the company’s Permian rich gas play, the Alpine High.  Apache traded off just 1% following the disclosure, while Altus Midstream (NASDAQ: ALTM),...
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Gas Pipeline Costs Run Higher, Again

February 1, 2019 |
On Friday Dominion Energy Inc. (NYSE: D) announced that the expected in-service date of its 1.5 Bcf/d Atlantic Coast Pipeline (ACP) has been pushed to early 2021. In addition to this delay, cost estimates for the pipeline have risen...
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PG&E’s Bankruptcy Spelling Trouble for Ruby?

January 29, 2019 |
On January 14, 2019, Pacific Gas & Electric (PG&E) announced it would file for Chapter 11 bankruptcy protection. California’s largest utility faces nearly $30 billion in potential liabilities stemming from wildfires in 2017 and 2018. As the company prepares...
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