The Dominion Atlantic Coast natural gas pipeline is on schedule for late 2019 Dominion Energy said. The $5 billion pipleine runs from West Virginia to North Carolina. Yesterday FERC denied Dominion’s March 15 request for more time to cut trees.
Energy Earnings Pick Up With More Shale Names Reporting
Energy earnings continue with more shale names $EOG, $CRZO, $SN, $FRAC, $PDCE, $OAS and $RSPP reporting. These follow $FANG, $DVN and $COG and Big Oil earnings and $HAL and $SLB.
Goldman Sachs Loses $100 million on Natural Gas Basis Trade
Goldman Sachs has been one of the favorite analysts to use as a contrarian indicator at Traders Community. Now we hear $GS traders lost $100 million on a Natural gas basis trade last quarter.