DAPL

“The DC Circuit Court denied a plea by the Cheyenne River Sioux to have Dakota Access Pipeline (DAPL) construction stopped,” Baird’s Ethan H. Bellamy said in a note. The analyst maintained an Outperform rating on Energy Transfer Partners LP (NYSE: ETP), with a price target of $45...

The Department of the Army has denied an easement for the Dakota Access Pipeline (DAPL) to cross Lake Oahe, and an alternative routing may need to be considered for the project. Energy Transfer Partners LP (NYSE: ETP) released a statement in which it termed the denial as an “overt and...

Baird believes the Dakota Access Pipe Line, or DAPL, denial to be short-lived and, accordingly, recommended buying on any incremental weakness. This follows announcement by the U.S. Army Corps. of Engineers stating that it would not grant easement to cross Lake Oahe, the final permit required...