One Gas, Inc. shares fall 1.51% intraday as Eiger Express Pipeline project details are announced.

One Gas, Inc. declined 1.51% in intraday trading, with the company being involved in the construction of the Eiger Express Pipeline, a joint venture with WhiteWater, MPLX, and Enbridge. The pipeline will transport up to 2.5 billion cubic feet per day of natural gas from the Permian Basin to the Gulf Coast region, with a final investment decision reached and sufficient firm transportation agreements secured.