This New Pipeline Could Unlock Years of Growth for 4 Energy Stocks. Here's Why That's a Win for All of Them.
These energy companies are moving forward with an important new pipeline system.
Overview
A consortium of energy companies is moving forward with a massive new gas pipeline in Texas. The Solitude Pipeline System is a joint venture (JV) between privately held energy infrastructure developer WhiteWater, oil and gas producers Diamondback Energy (NASDAQ:FANG) and Devon Energy (NYSE:DVN), and midstream companies MPLX (NYSE:MPLX) and Western Midstream Partners (NYSE:WES). The two-phased pipeline system should start operations in late 2029.
Here's a look at the new pipeline project and how it will fuel years of growth for those four energy stocks.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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