Shares of U.S. energy companies tied to the Dakota Access Pipeline rose on April 9 after the U.S. Army Corps of Engineers said it would allow the crude pipeline to run while it conducts an environmental review.

That move leaves a decision on whether to shut the pipeline with U.S. District Judge James Boasberg in the District of Columbia. On April 9, he gave Dakota Access operators 10 days to present a case to keep the line flowing.

Shares of North Dakota oil producers were trading higher. Oasis Petroleum Inc. was up 4.9% to $69.05 and Continental Resources Inc. had gained 2.7% to trade at $25.65. Enerplus Corp, which this week said it would acquire some of Hess Corp.’s North Dakota assets, was up 4% to CA$6.85.

Energy Transfer LP, the pipeline’s operator, also climbed more than 3.2% to $8.14, while Phillips 66 Partners LP, a 25% stakeholder, was up nearly 7.3% at $32.6, its highest since last August when an appeals court allowed the line to keep running.

A federal judge last year ruled the U.S. Army Corps of Engineers failed to produce an adequate Environmental Impact Statement for a segment of the line and ordered it shut and emptied.

On April 9, an attorney for the Army Corps of Engineers said it will likely have a decision on its latest review by March 2022.

Onshore