@oilyolin1 From Morning Star 10/31: “With the MVP lastly edging nearer to being in service, we expect it’s price recapping the associated earnings hooked up to MVP and its related tasks. In whole, we count on about $390 million in incremental EBITDA, which might be roughly a 40% enhance over Equitrans’s 2023 EBITDA of round $1 billion. The MVP ought to ship about $220 million in adjusted EBITDA by itself. There are additionally two associated efforts, Hammerhead (fuel gathering header designed to feed the MVP) and the Equitrans Enlargement venture (additionally boosting deliveries to MVP) the place commitments will start when the MVP enters service that may add an incremental $95 million in EBITDA. We additionally take into account the MVP will be expanded 500 million cubic ft per day for little or no price, which might add an incremental $55 million in EBITDA. Debottlenecking efforts by peer Williams would additionally facilitate this development.
The MVP Southgate has lengthy been a part of Equitrans’ plans (it was initially introduced in 2018) as a option to lengthen the MVP pipeline into serving finish customers in South Virginia and North Carolina and will contribute an incremental $20 million in EBITDA. With the delays within the MVP, Southgate has moved from extra agency in-service dates to a dialogue with shippers and prospects concerning its design, scope, and timing. We predict these discussions are more likely to transfer ahead pretty aggressively as soon as the MVP enters service.”
The MVP Southgate has lengthy been a part of Equitrans’ plans (it was initially introduced in 2018) as a option to lengthen the MVP pipeline into serving finish customers in South Virginia and North Carolina and will contribute an incremental $20 million in EBITDA. With the delays within the MVP, Southgate has moved from extra agency in-service dates to a dialogue with shippers and prospects concerning its design, scope, and timing. We predict these discussions are more likely to transfer ahead pretty aggressively as soon as the MVP enters service.”