Equitrans Midstream Corporation (ETRN)
Stock Price:
$8.72 USD
0.38 (4.56%)
Updated Jul 2, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
3.77B |
| Revenue (ttm) |
1.69B |
| Net Income (ttm) |
-190.31M |
| Shares Out |
432.43M |
| EPS (ttm) |
-0.75 |
| PE Ratio |
n/a |
| Forward PE |
4.52 |
| Dividend |
$0.60 |
| Dividend Yield |
6.88% |
Stock Quote
| Trading Day |
Jul 2, 2020 |
| Last Price |
$8.72 |
| Previous Close |
$8.34 |
| Change ($) |
0.38 |
| Change (%) |
4.56% |
| Day's Open |
8.53 |
| Day's Range |
8.41 - 8.74 |
| Day's Volume |
3,360,091 |
| 52-Week Range |
3.75 - 19.49 |
More Stats
| Market Cap |
3.77B |
| Enterprise Value |
10.28B |
| Earnings Date (est) |
Aug 4, 2020 |
| Ex-Dividend Date |
May 11, 2020 |
| Shares Outstanding |
432.43M |
| Float |
215.18M |
| EPS (basic) |
-0.75 |
| EPS (diluted) |
-0.75 |
| FCF / Share |
0.78 |
| Dividend |
$0.60 |
| Dividend Yield |
6.88% |
| Earnings Yield |
n/a |
| FCF Yield |
5.11% |
| Payout Ratio |
n/a |
| Shares Short |
51.82M |
| Short Ratio |
8.26 |
| Short % of Float |
30.14% |
| Beta |
n/a |
| PE Ratio |
n/a |
| Forward PE |
4.52 |
| P/FCF Ratio |
19.56 |
| PS Ratio |
2.23 |
| PB Ratio |
8.41 |
| Revenue |
1.69B |
| Operating Income |
58.04M |
| Net Income |
-190.31M |
| Free Cash Flow |
192.79M |
| Net Cash |
-6.51B |
| Net Cash / Share |
-15.05 |
| Gross Margin |
86.50% |
| Operating Margin |
3.43% |
| Profit Margin |
-11.20% |
| FCF Margin |
11.38% |
| ROA |
6.19% |
| ROE |
-1.54% |
| ROIC |
0.70% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (10)
| Buy |
5 |
| Overweight |
2 |
| Hold |
3 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$10.89*
(24.89% upside)
Low
9.00
Current: 8.72
High
14.00
Target: 10.89
*Average 12-month price target from 9 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Revenue | 1,630 | 1,495 | 896 | 732 | 142 |
| Revenue Growth | 9.04% | 66.95% | 22.3% | 416.33% | - |
| Gross Profit | 1,465 | 1,332 | 811 | 663 | 125 |
| Operating Income | 76.00 | 643 | 543 | 465 | 75.73 |
| Net Income | -204 | 218 | -27.16 | 65.15 | 49.40 |
| Shares Outstanding | 255 | 254 | 254 | 254 | - |
| Earnings Per Share | -0.80 | 0.86 | -0.11 | 0.26 | - |
| Dividend Per Share | 1.76 | - | - | - | - |
| Operating Cash Flow | 976 | 722 | 670 | 550 | 85.73 |
| Capital Expenditures | -967 | -866 | -380 | -585 | -404 |
| Free Cash Flow | 9.12 | -144 | 290 | -35.31 | -318 |
| Cash & Equivalents | 88.32 | 294 | 121 | 71.29 | 15.63 |
| Total Debt | 6,330 | 4,666 | 1,453 | 243 | 160 |
| Net Cash / Debt | -6,242 | -4,372 | -1,332 | -172 | -144 |
| Assets | 12,042 | 10,524 | 8,329 | 1,868 | 996 |
| Liabilities | 6,760 | 5,264 | 2,090 | 309 | 235 |
| Book Value | 673 | 458 | 1,144 | -140 | 137 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Equitrans Midstream Corporation |
| Country |
United States |
| Employees |
800 |
| CEO |
Thomas F. Karam |
Stock Information
| Ticker Symbol |
ETRN |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Energy |
| Industry |
Oil & Gas Midstream |
| Unique Identifier |
NYSE: ETRN |
Description
Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. It operates through three segments: Gathering, Transmission, and Water. The Gathering System segment include 990 miles of high-pressure gathering lines with compression of approximately 445,000 horsepower and multiple interconnect points; and approximately 920 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines. Its Transmission and Storage System segment comprises 950 miles of FERC regulated interstate pipeline that connects to seven interstate pipelines and local distribution companies. The Water System segment include two independent systems comprised approximately 180 miles of pipeline that deliver fresh water from the Monongahela River, the Ohio River, local reservoirs, and various regional waterways. Equitrans Midstream Corporation was founded in 2018 and is headquartered in Canonsburg, Pennsylvania.