Equitrans Midstream Corporation (NYSE:ETRN) is issuing a correction to information discussed during its earnings call earlier today. On the call, ETRN discussed proposed legislation, a summary of which was released yesterday and has been the subject of widespread news coverage (Proposed Energy Permitting Provisions). The Proposed Energy Permitting Provisions relate to improving the energy infrastructure permitting process and specifically mention the Mountain Valley Pipeline project. ETRN incorrectly referred to the Proposed Energy Permitting Provisions as the Federal Permitting Reform and Jobs Act, a previous, separate legislative proposal introduced last year.
Deutsche Bank Downgrades Westlake to Hold, Announces $95 Price Target
Deutsche Bank analyst David Begleiter downgrades Westlake (NYSE:WLK) from Buy to Hold and announces $95 price target.
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