Reports Q1 revenue $364.27M, consensus $363.76M. “With all of the waterbody and wetland crossings complete and less than one mile of pipeline to install, we are nearing completion of MVP’s forward construction activities,” said Diana Charletta, CEO. “Permanent restoration work is ongoing, and we expect to complete construction and final commissioning activities on or about May 31, 2024, with MVP’s total project cost estimated at approximately $7.85B. As part of the regulatory process, on April 22, 2024, Mountain Valley Pipeline filed a formal request for authorization from the Federal Energy Regulatory Commission to place the MVP project into service following the mechanical completion of all project facilities. We are pleased to be so close to completing this critical infrastructure project.”
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