Equitrans Midstream Corporation (ETRN)

NYSE: ETRN · IEX Real-Time Price · USD
12.86
+0.41 (3.29%)
At close: Apr 22, 2024, 4:00 PM
12.85
-0.01 (-0.08%)
After-hours: Apr 22, 2024, 7:43 PM EDT
3.29%
Market Cap 5.58B
Revenue (ttm) 1.39B
Net Income (ttm) 386.72M
Shares Out 433.66M
EPS (ttm) 0.89
PE Ratio 14.45
Forward PE 13.44
Dividend $0.60 (4.67%)
Ex-Dividend Date Feb 5, 2024
Volume 5,463,721
Open 12.45
Previous Close 12.45
Day's Range 12.39 - 12.92
52-Week Range 4.65 - 13.06
Beta 2.01
Analysts Hold
Price Target 11.31 (-12.05%)
Earnings Date Apr 30, 2024

About ETRN

Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. The company operates through Gathering, Transmission, and Water segments. It operates dry gas gathering systems of high-pressure gathering lines and FERC-regulated interstate pipelines and storage systems. In addition, the company operates 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. Equit... [Read more]

Sector Energy
Founded 2018
Employees 773
Stock Exchange NYSE
Ticker Symbol ETRN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ETRN stock is "Hold." The 12-month stock price forecast is $11.31, which is a decrease of -12.05% from the latest price.

Price Target
$11.31
(-12.05% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

13 hours ago - Business Wire

Equitrans Midstream Schedules First Quarter 2024 Earnings Release Date

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its first quarter 2024 earnings information on April 30, 2024. On March 11, 2024, ETRN announced that it has...

Other symbols: EQT
6 days ago - Business Wire

EQUITRANS MIDSTREAM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Equitrans Midstream Corporation - ETRN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Equitrans Midstr...

Other symbols: EQT
5 weeks ago - Business Wire

EQT CEO Toby Rice talks multibillion-dollar acquisition of Equitrans Midstream

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

Other symbols: EQT
6 weeks ago - CNBC Television

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Equitrans Midstream Corporation

NEW YORK, March 11, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Equitrans Midstream Corporation (NYSE: ETRN) and its board of directors concerning the ...

6 weeks ago - PRNewsWire

EQT Buys Equitrans Midstream To Expand Its Natural Gas Operations

EQT Corp. (EQT) was the worst-performing stock in the S&P 500 midday Monday after the natural gas producer announced it was buying midstream infrastructure provider Equitrans Midstream Corp. (ETRN) fo...

Other symbols: EQT
6 weeks ago - Investopedia

Shareholder Alert: Ademi LLP investigates whether Equitrans Midstream Corporation has obtained a Fair Price in its transaction with EQT Corporation

MILWAUKEE , March 11, 2024 /PRNewswire/ -- Ademi LLP is investigating Equitrans (NYSE: ETRN) for possible breaches of fiduciary duty and other violations of law in its transaction with EQT. Click here...

6 weeks ago - PRNewsWire

ETRN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Equitrans Midstream Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Equitrans Midstream Corporation (NYSE: ETRN) to EQT Corporation for 0.3504 shares of EQT ...

6 weeks ago - Business Wire

EQT Announces Transformative Acquisition of Equitrans Midstream

Creates America's only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined company enterprise value over $35 billion Prov...

Other symbols: EQT
6 weeks ago - PRNewsWire

EQT, Equitrans Midstream to combine in $5.5 bln deal, WSJ reports

EQT Corp has signed an agreement to buy back its former unit Equitrans Midstream in a roughly $5.5 billion all-stock deal, the Wall Street Journal reported on Monday.

Other symbols: EQT
6 weeks ago - Reuters

EQT and Equitrans Midstream to Combine in Big Natural-Gas Deal

The all-stock transaction will reunite EQT with its former pipeline business.

Other symbols: EQT
6 weeks ago - WSJ

Equitrans Midstream Announces Pricing of Private Offering of Senior Notes

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) (ETRN) today announced that its wholly owned subsidiary, EQM Midstream Partners, LP (EQM), has priced an offering of $600...

2 months ago - Business Wire

Equitrans Midstream Announces Private Offering of Senior Notes

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) today announced that its wholly owned subsidiary, EQM Midstream Partners, LP (EQM), intends to offer, subject to market c...

2 months ago - Business Wire

Equitrans Midstream Announces Full-Year and Fourth Quarter 2023 Results

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the full-year and fourth quarter 2023. Included in the "Non-GAAP ...

2 months ago - Business Wire

Equitrans Midstream Q4 / Full-Year 2023 Earnings and Conference Call

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its fourth quarter and full-year 2023 earnings information on Tuesday, February 20, 2024, and will also host...

2 months ago - Business Wire

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 ...

6 months ago - PRNewsWire

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 ...

6 months ago - Reuters

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...

6 months ago - Business Wire

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...

6 months ago - PRNewsWire

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...

6 months ago - Business Wire

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.

7 months ago - Reuters

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...

Other symbols: OKEWMB
8 months ago - Benzinga

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.

8 months ago - Reuters

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire