PennEast to construct 100-mile natural gas pipeline from Marcellus Shale

PennEast Pipeline announces plans to construct a $1B, 100-mile pipeline intended to bring natural gas from the Marcellus Shale region to the equivalent of 4.7M homes in Pennsylvania and New Jersey.

The proposed pipeline is expected to help reduce natural gas price volatility for its customers.

PennEast is a joint project of AGL Resources (NYSE:GAS), New Jersey Resources (NYSE:NJR), South Jersey Industries (NYSE:SJI) and UGI.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs