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Stock Market & Financial Investment News

News Breaks
June 12, 2014
08:08 EDTEQM, NEE, EQTEQT, NextEra Energy announce Southeast pipeline project
EQT Corporation (EQT) and NextEra US Gas Assets, LLC, an indirect, wholly owned subsidiary of NextEra Energy (NEE) announced the commencement of a non-binding open season for the Mountain Valley Pipeline project, which is expected to connect Marcellus and Utica natural gas supply to demand markets in the Southeast region of the United States. The companies also announced the signing of a letter of intent to form a joint venture that is expected to construct and own the Mountain Valley Pipeline. Under the letter of intent, EQT is expected to, through one or more of its affiliates, including EQT Midstream Partners, LP (EQM), operate the pipeline and own a majority interest in the joint venture. Subject to FERC approval, the 330-mile Mountain Valley Pipeline project will extend the Equitrans transmission system from Wetzel County, West Virginia; and travel south to its expected primary delivery point, Transcontinental Gas Pipeline Company’s Zone 5 compressor station 165 in Pittsylvania County, Virginia. In addition to the primary delivery point, the Mountain Valley Pipeline has numerous potential interconnects with pipelines and processing facilities; and shippers will have the option to request a project extension to delivery points further south into North Carolina. The Mountain Valley Pipeline is expected to initially provide at least two billion cubic feet per day of firm transmission capacity. Including EQT, the open season has commitments from two foundation shippers that, combined, have agreed to one Bcf per day of firm transmission capacity through 20-year contracts on the Mountain Valley Pipeline. Delivery to Transco station 165 is expected to be in service by the fourth quarter of 2018.
News For EQT;NEE;EQM From The Last 14 Days
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January 30, 2015
05:17 EDTNEENextEra Energy, Hawaiian Electric file joint application for merger approval
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January 27, 2015
07:43 EDTNEENextEra Energy reports Q4 NextEra Energy Resources adjusted EPS 40c
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07:42 EDTNEENextEra Energy reports Q4 Florida Power & Light net income 65c
Driving FPL's fourth-quarter and full-year growth were continued investments in clean, efficient generation and other infrastructure projects and an increase in wholesale power sales. FPL's capital expenditures were approximately $832 million in the quarter, bringing full-year capital investments to approximately $3.1B. Regulatory capital employed in 2014 grew 5.8 percent, compared to the prior year. FPL averaged approximately 68,000 more customers during the fourth quarter of 2014 than in the comparable prior-year quarter.
07:40 EDTNEENextEra Energy sees FY16 adjusted EPS $5.75-$6.25
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07:40 EDTNEENextEra Energy sees FY15 adjusted EPS $5.40-$5.70, consensus $5.64
07:40 EDTNEENextEra Energy reports Q4 adjusted EPS $1.03, consensus $1.07
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January 26, 2015
15:40 EDTNEENotable companies reporting before tomorrow's open
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January 22, 2015
13:32 EDTEQMEQT Midstream Partners raises quarterly cash distribution 5% to 58c per unit
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