President Trump Issues New Keystone XL Permit; Enbridge and TransCanada FVEs Unchanged
President Donald Trump has rescinded his initial presidential permit on the Keystone XL pipeline and issued a new one for the project. The now outdated permit was based on a 2014 environmental impact study performed by President Barack Obama’s administration. In November 2018, a Montana judge ruled that the study was incomplete and halted construction on the project. The new permit, issued by Trump himself, does not require an EIS and aims to undercut the legal proceedings that are holding up th...Enbridge is an energy transportation and distribution companyoperating in 5 segments: Liquids Pipelines, consists of common carrier and contract crude oil, natural gas liquids and refined products pipelines and terminals; Gas Distribution, of Co.'s natural gas utility operations; Gas Pipelines and Processi consists of investments in natural gas pipelines and processing facilities; Green Power and Transmission, consists of Co.'s investments in renewable energy assets and transmission facilities; and Energy Services, consist of physical commodity marketing activity and logistical services.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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