Wednesday, July 22, 2026

Atlantic Sunrise Pipeline Approved

Cabot Oil & Gas shares like the news The $3 billion Atlantic Sunrise pipeline expansion that’s been awaiting approval by pipeline developer Williams Partners L.P. (ticker: WPZ) was approved by the Federal Energy Regulatory Commission (FERC) on Feb. 1, clearing a major regulatory hurdle. While this is not the last permit necessary for construction, it is a major win for the project.

Weatherford Cuts U.S. Frac Business to Reduce Costs

Pressure pumping sale to be completed by 2018 Weatherford International (ticker: WFT) announced the suspension of its U.S. pressure pumping business in its conference call February 1. The U.S. pressure pumping sector was suspended in the middle of Q4 2016 as a cost-cutting measure, according to Weatherford CEO Krishna Shivram. Weatherford’s elimination of frac services is expected to be a