East Daley forecasts natural gas prices still have room to run despite the recent run-up in Henry Hub futures, as we expect the cumulative gas draw for this winter to surpass the five-year maximum in an overall winter of normal seasonal temperatures.
Equitrans Midstream (ETRN) management recently reaffirmed the expected in-service date of Mountain Valley Pipeline (MVP) in late 2021, slightly ahead of East Daley’s forecast of 1Q22, following MVP’s legal win against a suit brought by several environmental groups. (ETRN), (MVP)
Analysts from East Daley’s capital markets and commodities teams will host a webinar discussion on Wednesday, March 3 reviewing 4Q20 earnings for midstream companies in our coverage group. Click here to register for the webinar event.
North American Energy Indicators and Equity Prices