financetom
Business
financetom
/
Business
/
Entergy, Energy Transfer sign long-term natural gas transportation deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Entergy, Energy Transfer sign long-term natural gas transportation deal
Nov 4, 2025 2:18 PM

(Reuters) -Utility Entergy's unit and pipeline firm Energy Transfer ( ET ) have signed a 20-year agreement to deliver natural gas to North Louisiana, the companies said on Tuesday.

The U.S. is poised to see a record surge in power demand this year and in 2026, led by data centers' outsized energy needs, the U.S. Energy Information Administration estimates.

The companies said the pipeline would supply gas to Entergy's ( ETR ) new plants and serve projects such as Meta's data center in Richland Parish.

Energy Transfer ( ET ) will initially provide 250,000 million British thermal units (MMBtu) per day of transportation service beginning in February 2028 and continuing through January 2048.

The deal also provides an option to Entergy ( ETR ) to expand delivery capacity in the region to meet future energy demand.

(Reporting by Tanay Dhumal in Bengaluru; Editing by Sriraj Kalluvila)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Zuora Fiscal Q3 Non-GAAP EPS, Revenue Increase
Zuora Fiscal Q3 Non-GAAP EPS, Revenue Increase
Dec 9, 2024
04:45 PM EST, 12/09/2024 (MT Newswires) -- Zuora ( ZUO ) reported fiscal Q3 non-GAAP earnings Monday of $0.16 per diluted share, up from $0.09 a year earlier. Two analysts polled by FactSet expected $0.12. Revenue for the quarter ended Oct. 31 was $116.9 million, up from $109.8 million a year earlier. Three analysts surveyed by FactSet expected $116 million....
Oracle Second-Quarter Results Miss Views; Shares Decline After Hours
Oracle Second-Quarter Results Miss Views; Shares Decline After Hours
Dec 9, 2024
04:46 PM EST, 12/09/2024 (MT Newswires) -- Oracle (ORCL) fiscal second-quarter results fell short of Wall Street's estimates as strength in its cloud operations was countered by revenue declines in the software maker's hardware and services offerings. Adjusted earnings per share rose to $1.47 for the three months through November from $1.34 a year earlier, just shy of the FactSet-polled...
Braze Swings to Fiscal Q3 Non-GAAP Earnings as Revenue Rises; Fiscal 2025 Outlook Raised
Braze Swings to Fiscal Q3 Non-GAAP Earnings as Revenue Rises; Fiscal 2025 Outlook Raised
Dec 9, 2024
04:48 PM EST, 12/09/2024 (MT Newswires) -- Braze (BRZE) reported late Monday its fiscal Q3 swung to non-GAAP earnings of $0.02 per diluted share from a loss of $0.05 per share a year earlier. Analysts polled by FactSet expected a loss of $0.01. Revenue for the quarter ended Oct. 31 was $152.1 million, up from $124.0 million a year earlier....
Toll Brothers Reports Higher Fiscal Q4 Earnings, Sales -- Shares Drop in Extended Hours
Toll Brothers Reports Higher Fiscal Q4 Earnings, Sales -- Shares Drop in Extended Hours
Dec 9, 2024
04:52 PM EST, 12/09/2024 (MT Newswires) -- Toll Brothers ( TOL ) late Monday reported fiscal Q4 adjusted net income of $4.63 per diluted share, up from $4.11 a year earlier. Analysts polled by FactSet, on average, expected $4.33. Revenue for the quarter ended Oct. 31 was $3.33 billion, up from $3.02 billion a year earlier. Analysts expected $3.17 billion....
Copyright 2023-2026 - www.financetom.com All Rights Reserved