| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
232 |
| Employees |
900 |
| Revenues (TTM) (Millions $) |
1,694 |
| Net Income (TTM) (Millions $) |
20 |
| Cash Flow (TTM) (Millions $) |
-3 |
| Capital Exp. (TTM) (Millions $) |
968 |
Business Description
EQM Midstream Partners LP is a company that specializes in natural gas transmission, storage, and gathering assets in the Appalachian Basin in the United States. The company was formed by EQT Corporation in 2018 when it spun off its midstream assets into a separate publicly traded partnership.
EQM owns and operates a network of gathering pipelines, transmission pipelines, and storage facilities that span across Pennsylvania, West Virginia, and Ohio. The company's gathering pipelines are used to transport natural gas from the wellheads to processing plants while the transmission pipelines move the gas to major market hubs and interconnects.
Additionally, EQM operates natural gas storage facilities that provide critical services to its customers, including peak shaving, seasonal balancing, and storage optimization. The company's storage capacity is located strategically in the Appalachian Basin, enabling it to serve a wide range of customers, including local distribution companies, power plants, industrial users, and other energy providers.
To ensure its operations run smoothly, EQM has invested heavily in the safety and integrity of its assets. The company regularly maintains and upgrades its pipelines and storage facilities to prevent leaks, spills, and other safety hazards.
EQM has a diverse customer base that includes some of the largest gas producers in the region as well as major utilities, energy marketers, and industrial users. The company has built strong relationships with its customers by providing reliable, high-quality service and flexibility in meeting their needs.
In addition to its core business, EQM has also invested in renewable energy assets such as wind and solar power projects. The company's renewable energy portfolio complements its core business, helping to meet growing demand for cleaner energy sources.
Overall, EQM Midstream Partners LP is a well-established midstream company that operates critical natural gas assets in the Appalachian Basin. With a commitment to safety, reliability, and customer service, the company is well-positioned to continue providing value to its customers and generating returns for its stakeholders.
Company Address: 2200 Energy Drive Canonsburg 15317 PA
Company Phone Number: 271-7600 Stock Exchange / Ticker: NYSE EQM
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