Equitrans Midstream Corporation (ETRN)

NYSE: ETRN · IEX Real-Time Price · USD
9.79
-0.06 (-0.61%)
Dec 7, 2023, 4:00 PM EST - Market closed
-0.61%
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]

Sector Energy
Founded 2018
Employees 766
Stock Exchange NYSE
Ticker Symbol ETRN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$10.09
(3.06% upside)
Analyst Consensus: Hold
Stock Forecasts

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 ...

4 weeks 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 ...

5 weeks 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...

5 weeks 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 weeks ago - PRNewsWire

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...

6 weeks ago - Business Wire

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...

7 weeks 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.

2 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
3 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.

3 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...

3 months ago - Business Wire

Best Cheap Stocks to Buy Now (Under $10)

If you're willing to take on the risk of owning cheap stocks, these seven picks are all priced under $10.

Other symbols: ADTASXNLPAYOSIRI
3 months ago - Kiplinger

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

5 months ago - Reuters

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...

5 months ago - Business Wire

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.

Other symbols: CIVIEQTRRC
5 months ago - Barrons

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.

6 months ago - CNBC Television

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.

6 months ago - MarketBeat

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'...

6 months ago - Market Watch

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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 ...

10 months ago - Business Wire

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...

10 months ago - Business Wire