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 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 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.