Equitrans Midstream Corporation (ETRN)
Market Cap | 4.27B |
Revenue (ttm) | 1.39B |
Net Income (ttm) | 304.04M |
Shares Out | 433.26M |
EPS (ttm) | 0.70 |
PE Ratio | 13.99 |
Forward PE | 10.40 |
Dividend | $0.60 (6.13%) |
Ex-Dividend Date | Nov 2, 2023 |
Volume | 3,176,817 |
Open | 9.95 |
Previous Close | 9.85 |
Day's Range | 9.70 - 9.97 |
52-Week Range | 4.60 - 10.48 |
Beta | 1.88 |
Analysts | Hold |
Price Target | 10.09 (+3.06%) |
Earnings Date | Oct 31, 2023 |
About ETRN
Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It operates through three segments: Gathering, Transmission, and Water. The company operates dry gas gathering systems of high-pressure gathering lines; FERC-regulated interstate pipelines and storage systems; and water pipelines and other facilities that deliver fresh water from local municipal water authorities, the Monongahela River, the Ohio River, local reservoirs, and several regional waterways. Equitrans Midstream Corporation... [Read more]
Financial Performance
In 2022, ETRN's revenue was $1.36 billion, an increase of 3.09% compared to the previous year's $1.32 billion. Losses were -$327.85 million, -77.70% less than in 2021.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for ETRN stock is "Hold." The 12-month stock price forecast is $10.09, which is an increase of 3.06% from the latest price.
News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Equitrans Midstream Corporation - ETRN
NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Equitrans Midstream Corporation ("Equitrans" or the "Company") (NYSE: ETRN). Such investors are ...

Equitrans US Mountain Valley natgas pipe on track for Q1 completion
Equitrans Midstream remains on track to complete the Mountain Valley natural gas pipeline from West Virginia to Virginia in the first quarter of 2024 at an estimated cost of $7.2 billion, U.S. energy ...

Equitrans Midstream Announces Third Quarter 2023 Results
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the third quarter 2023. Included in the "Non-GAAP Disclosures" se...

Equitrans Midstream Corporation (ETRN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK , Oct. 26, 2023 /PRNewswire/ -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Equitrans Midstream Corporation ("Equitra...

Equitrans Midstream Announces Quarterly Dividends
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertib...

Equitrans Midstream Q3 2023 Earnings and Conference Call
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its third quarter 2023 earnings information on Tuesday, October 31, 2023, and will also host a conference ca...

Equitrans Midstream reaches agreement with US regulator for Mountain Valley Pipeline
Oil and gas pipeline firm Equitrans Midstream said on Tuesday it has entered into a consent agreement with the U.S. pipeline regulator for the Mountain Valley Pipeline (MVP) project.

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 5% Dividend Yields - ONEOK (NYSE:OKE), Equitrans Midstream (NYSE:ETRN)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Equitrans CEO Karam to step down, insider Charletta to succeed
Equitrans Midstream said on Thursday CEO Thomas Karam will step down from his role at the end of the year to become the pipeline operator's executive chairman.

Equitrans Midstream Corporation Announces Executive Succession
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, announced that Thomas F. Karam will step down from his role as chief executive officer of Equitrans Midstream (Eq...

Equitrans Midstream Provides Rager Mountain Storage Facility Update
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, submitted information to the Pipeline and Hazardous Materials Safety Administration (PHMSA) regarding the root ca...

Equitrans Midstream Announces Second Quarter 2023 Results
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the second quarter 2023. Included in the "Non-GAAP Disclosures" s...

Equitrans Midstream Releases 2023 Corporate Sustainability Report
CANONSBURG, Pa.--(BUSINESS WIRE)-- #ESG--Equitrans Midstream Corporation (NYSE: ETRN) released its annual corporate sustainability report, which utilizes the Global Reporting Initiative's (GRI) ‘Conso...

Equitrans Midstream Q2 2023 Earnings and Conference Call
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its second quarter 2023 earnings information on Tuesday, August 1, 2023, and will also host a conference cal...

Equitrans Midstream weighing options as court blocks Mountain Valley project
Pipeline operator Equitrans Midstream said on Tuesday it is evaluating all legal options, including an emergency appeal at the U.S. Supreme Court, after an appellate court halted construction for the ...

Equitrans Midstream Releases Statement Related to Mountain Valley Pipeline's Jefferson National Forest Authorizations
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, released a statement related to the July 10, 2023, decision by the U.S. Court of Appeals for the Fourth Circuit r...

Energy Stocks Have Had a Rough Year, but These 5 Are Rising
Equitrans, EQT, Range Resources, Civitas, and PDC Energy are all bucking the slump in oil and gas stocks this year.
Equitrans Midstream CEO: U.S. won't be able to meet future energy demand without permitting reform
Equitrans Midstream CEO Thomas Karam joins 'Closing Bell Overtime' to discuss the new U.S. debt ceiling deal, ongoing permitting debates on Capitol Hill, and more.

Equitrans Midstream Surges 40% On Debt Ceiling Deal
Equitrans Midstream Corp. NYSE: ETRN got some fuel from D.C. politicians, climbing 40% for the week as its Mountain Valley Pipeline project looks set for completion as part of the debt ceiling deal.

Pipeline company's stock soars 36% on debt-ceiling deal
Equitrans Midstream Corp.'s stock recently traded 36% higher on Tuesday as investors reacted to a debt-ceiling bill's inclusion of a provision that would allow for expedited completion of the company'...

Equitrans Midstream Announces First Quarter 2023 Results
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the first quarter 2023. Included in the "Non-GAAP Disclosures" se...

Equitrans Midstream Q1 2023 Earnings and Conference Call
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its first quarter 2023 earnings information on Tuesday, May 2, 2023, and will also host a conference call wi...

Equitrans Midstream Announces Full-Year and Fourth Quarter 2022 Results
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the full-year and fourth quarter 2022. Included in the "Non-GAAP ...

Equitrans Midstream Q4 / Full-Year 2022 Earnings and Conference Call
CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its fourth quarter and full-year 2022 earnings information on Tuesday, February 21, 2023, and will also host...