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Stock Market & Financial Investment News

News Breaks
June 23, 2014
08:49 EDTEQM, EQTEQT Corporation price target raised to $135 from $125 at Maxim
Maxim raised its price target for EQT Corporation shares to $135 citing a higher valuation on the company's ownership of EQT Midstream Partners (EQM). The firm keeps a Buy rating on the stock.
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September 2, 2014
08:14 EDTEQM, EQTEQT Corporation, NextEra Energy announce Mountain Valley pipeline project JV
EQT Corporation (EQT) and NextEra US Gas Assets, LLC, an indirect, wholly owned subsidiary of NextEra Energy, Inc (NEE) today announced the formation of a joint venture, Mountain Valley Pipeline, LLC, that will construct and own the Mountain Valley Pipeline. The joint venture also announced the launch of a binding open season for the Mountain Valley Pipeline. The companies also announced EQT Corporation, through one or more of its affiliates, including EQT Midstream Partners, LP (EQM), will operate the pipeline and own a majority interest in the joint venture. With a vast supply of natural gas from Marcellus and Utica shale production, the Mountain Valley Pipeline is expected to provide at least two billion cubic feet per day of firm transmission capacity to demand markets in the Mid- and South Atlantic regions of the United States. Subject to FERC approval, the estimated 330-mile Mountain Valley Pipeline will connect the existing Equitrans transmission system in West Virginia, to Transcontinental Gas Pipeline Company’s Zone 5 compressor station 165 in Virginia – a highly marketable trading area for the southeast region. To-date, the joint venture has received firm capacity commitments that total 1.5 Bcf per day. The pipeline is expected to be in-service during the fourth quarter 2018.
August 20, 2014
08:12 EDTEQTEQT Corporation management to meet with Deutsche Bank
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