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Equitrans Midstream Corporation  (NYSE: ETRN)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 
Price: $12.4200 $0.07 0.567%
Day's High: $12.57 Week Perf: -3.57 %
Day's Low: $ 12.23 30 Day Perf: -7.11 %
Volume (M): 194,274 52 Wk High: $ 14.64
Volume (M$): $ 2,412,879 52 Wk Avg: $13.14
Open: $12.36 52 Wk Low: $11.02



 Market Capitalization (Millions $) 5,487
 Shares Outstanding (Millions) 442
 Employees 773
 Revenues (TTM) (Millions $) 1,425
 Net Income (TTM) (Millions $) 463
 Cash Flow (TTM) (Millions $) 35
 Capital Exp. (TTM) (Millions $) 387

Equitrans Midstream Corporation
Equitrans Midstream Corporation is a leading American natural gas transmission and storage company headquartered in Pittsburgh, Pennsylvania. It is a subsidiary of EQT Corporation, which is one of the largest natural gas producers in the United States. Equitrans Midstream has a significant presence in the Appalachian Basin, which includes Pennsylvania, Ohio, and West Virginia.

The company's primary focus is on the development, operation, and maintenance of natural gas transmission, storage, and gathering systems. Equitrans' transmission system comprises a network of more than 950 miles of high-pressure pipelines that transport natural gas from the Appalachian Basin to various markets and interconnects with other pipelines.

Equitrans' storage facilities enable the company to offer flexible and responsive services to customers by providing them with reliable and cost-effective storage solutions. The storage system includes five underground natural gas storage fields with a combined capacity of over 32 billion cubic feet.

The company's gathering system consists of more than 300 miles of pipelines that connect natural gas-producing wells to transmission systems. Equitrans plays a critical role in supporting the growth of the Appalachian Basin's natural gas industry by providing the necessary infrastructure for transporting and storing natural gas.

In addition to its core operations, Equitrans is committed to promoting sustainable practices that minimize its ecological footprint. The company has implemented a comprehensive environmental, health, and safety program that includes employee training, risk assessments, and regular audits.

Overall, Equitrans Midstream Corporation is a leading player in the American natural gas industry, with a strong presence in the Appalachian Basin. The company's extensive infrastructure and commitment to sustainability make it a vital component of the energy sector.


   Company Address: 2200 Energy Drive Canonsburg 15317 PA
   Company Phone Number: 271-7600   Stock Exchange / Ticker: NYSE ETRN


   

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Equitrans Midstream Corporation

Equitrans Midstream Corporation Sees Strong Share Price Growth Amidst Revenue Slide

Equitrans Midstream Corporation has experienced a strong gain of 7.68% in its shares over the course of the last five trading days. This brings the share price to a solid increase of 10.77% during the second quarter of 2024. The company has also reached its 52-week high.
Despite soft orders in the most recent fiscal period, Equitrans Midstream Corporation has managed to improve its earnings per share. Earnings grew moderately by 5% to $0.21 per share, while revenue diminished by -3.205% to $364.27 million year on year. Comparing results to the prior quarter, revenue grew by 1.016% from $360.61 million while income faded by -30.94% from $0.30 per share.

Financing Agreement

Equitrans Midstream Bolsters Finances with Debt Repayment and Senior Notes Offering

Published Wed, Feb 21 2024 1:00 PM UTC

Equitrans Midstream Improves Tangible Leverage Ratio and Announces Private Offering of Senior Notes
Canonsburg, PA - Equitrans Midstream Corporation (NYSE: ETRN) and its subsidiary, EQM Midstream Partners, LP (EQM), have made significant strides in their financial standing, announcing a private offering of senior notes as part of their debt repayment strategy. The offeri...

Equitrans Midstream Corporation

Equitrans Midstream Corporation Sees Impressive Earnings Increase in Latest Fiscal Period

Equitrans Midstream Corporation, a natural gas utilities company, recently reported an impressive earnings increase in the most recent fiscal period, with income per share growing rapidly by 155.56% to $0.30 per share. However, despite this earnings elevation, the company only saw a modest revenue growth of 1.512% to $360.61 million from the previous reporting period.
While Equitrans Midstream Corporation may have outperformed its industry counterparts in terms of revenue growth, the company's slow revenue advance coupled with a minimal increase in operating earnings of just 4.09% at $185.311 million is cause for concern. Additionally, with a net margin of 41.61% and an operating margin of 51.39%, it is clear that the company's profit margins are improving, but it's essential to note that the revenue growth does not align with these margins.

Equitrans Midstream Corporation

ETRNs Surprises Investors with Impressive Third Quarter Performance

Equitrans Midstream Corporation, a natural gas utilities company, has reported positive financial results for the most recent fiscal period. The company's bottom-line turned positive at $0.26 per share, a significant improvement compared to a loss of $1.20 per share in the same period a year ago. This represents a rapid growth in earnings per share of 116.67% from the prior reporting period's $0.12 per share.
In terms of revenue, Equitrans Midstream Corporation saw a slight increase of 2.039% to $338.51 million from $331.75 million in the corresponding reporting period a year ago. Sequentially, revenue grew by 6.294% from $318.47 million. The company recorded a bottom-line of $129.704 million, a significant improvement compared to a net loss of $-503.596 million in the same reporting period a year ago.
Although the operating margin fell to 45.58% in the most recent fiscal period, the net margin for the company actually improved to 38.32%. Operating earnings fell by -13.48% to $154.289 million, which led to a decrease in Equitrans Midstream Corporation's operating margin to 45.58% from 53.75% in the third quarter of 2022.

Dividend

Equitrans Midstream Corporation Declares Quarterly Dividends for Q3 2023, Reinforcing their Strong Asset Footprint in the Appalachian Region

Published Wed, Oct 25 2023 8:10 PM UTC



Equitrans Midstream Corporation (NYSE: ETRN), a leading midstream energy company, has recently announced its quarterly cash dividends for the third quarter of 2023. This declaration further solidifies the company s commitment to providing value to its shareholders. With a prominent presence in the Appalachian region, Equitrans Midstream Corporation continues to dem...







Equitrans Midstream's Segments
Time-and-Materials Contract    31.89 % of total Revenue
Gathering    63.61 % of total Revenue
Gathering Time-and-Materials Contract    22.82 % of total Revenue
Transmission    28.92 % of total Revenue
Transmission Time-and-Materials Contract    4.95 % of total Revenue
Water    7.47 % of total Revenue
Water Time-and-Materials Contract    4.12 % of total Revenue
Headquarters    100 % of total Revenue
Firm reservation fee revenues    68.11 % of total Revenue
Firm reservation fee revenues Gathering    40.79 % of total Revenue
Firm reservation fee revenues Gathering MVC    0.88 % of total Revenue
Firm reservation fee revenues Transmission    23.97 % of total Revenue
Firm reservation fee revenues Water    3.35 % of total Revenue
Volumetric-based fee revenues    31.89 % of total Revenue
Volumetric-based fee revenues Gathering    22.82 % of total Revenue
Volumetric-based fee revenues Transmission    4.95 % of total Revenue
Volumetric-based fee revenues Water    4.12 % of total Revenue





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