Jul. 14 at 8:49 PM
$ET no movement today for ET? benefit from Trumps Pennsylvania announcement that many of the Appalachian shale companies jumped up on today like
$EQT $EXE $AR and others.
$AM (Antero Midstream) was up 2.5%. ET has more than 10x what AM has (not including water pipelines).
ET Appalachian presence:
TETCO portion: If we assume much of the 8,825 mile TETCO system overlaps Appalachia, that alone is already ~10% of ET’s national gas pipeline network.
• Direct Appalachia footprint: The explicit 681 miles (loops + gathering) is about 0.8%, but this understates the actual regional presence, since most of the TETCO system crosses Appalachia even if not exclusively located there.
why no jump?
