Equitrans Midstream Statistics
Total Valuation
ETRN has a market cap or net worth of $5.96 billion. The enterprise value is $13.28 billion.
| Market Cap | 5.96B |
| Enterprise Value | 13.28B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, before market open.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | May 6, 2024 |
Share Statistics
ETRN has 433.66 million shares outstanding. The number of shares has increased by 0.64% in one year.
| Shares Outstanding | 433.66M |
| Shares Change (YoY) | +0.64% |
| Shares Change (QoQ) | -0.34% |
| Owned by Insiders (%) | 0.67% |
| Owned by Institutions (%) | 88.64% |
| Float | 430.70M |
Valuation Ratios
The trailing PE ratio is 15.44 and the forward PE ratio is 14.36. ETRN's PEG ratio is 0.60.
| PE Ratio | 15.44 |
| Forward PE | 14.36 |
| PS Ratio | 4.27 |
| Forward PS | 3.89 |
| PB Ratio | 5.71 |
| P/FCF Ratio | 9.46 |
| PEG Ratio | 0.60 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.09, with an EV/FCF ratio of 21.09.
| EV / Earnings | 34.33 |
| EV / Sales | 9.52 |
| EV / EBITDA | 11.09 |
| EV / EBIT | 15.56 |
| EV / FCF | 21.09 |
Financial Position
The company has a current ratio of 0.76, with a Debt / Equity ratio of 7.26.
| Current Ratio | 0.76 |
| Quick Ratio | 0.66 |
| Debt / Equity | 7.26 |
| Debt / EBITDA | 6.33 |
| Debt / FCF | 12.03 |
| Interest Coverage | 2.00 |
Financial Efficiency
Return on equity (ROE) is 39.20% and return on invested capital (ROIC) is 8.29%.
| Return on Equity (ROE) | 39.20% |
| Return on Assets (ROA) | 3.50% |
| Return on Capital (ROIC) | 8.29% |
| Revenue Per Employee | $1.80M |
| Profits Per Employee | $500,281 |
| Employee Count | 773 |
| Asset Turnover | 0.13 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -18.82M |
| Effective Tax Rate | -5.12% |
Stock Price Statistics
The stock price has increased by +185.66% in the last 52 weeks. The beta is 2.01, so ETRN's price volatility has been higher than the market average.
| Beta (1Y) | 2.01 |
| 52-Week Price Change | +185.66% |
| 50-Day Moving Average | 11.73 |
| 200-Day Moving Average | 10.19 |
| Relative Strength Index (RSI) | 78.59 |
| Average Volume (30 Days) | 7,150,841 |
Short Selling Information
The latest short interest is 8.50 million, so 1.96% of the outstanding shares have been sold short.
| Short Interest | 8.50M |
| Short Previous Month | 9.81M |
| Short % of Shares Out | 1.96% |
| Short % of Float | 1.97% |
| Short Ratio (days to cover) | 1.03 |
Income Statement
In the last 12 months, ETRN had revenue of $1.39 billion and earned $386.72 million in profits. Earnings per share was $0.89.
| Revenue | 1.39B |
| Gross Profit | 1.22B |
| Operating Income | 684.38M |
| Pretax Income | 426.41M |
| Net Income | 386.72M |
| EBITDA | 1.20B |
| EBIT | 853.29M |
| Earnings Per Share (EPS) | $0.89 |
Balance Sheet
The company has $258.88 million in cash and $7.58 billion in debt, giving a net cash position of -$7.32 billion or -$16.87 per share.
| Cash & Cash Equivalents | 258.88M |
| Total Debt | 7.58B |
| Net Cash | -7.32B |
| Net Cash Per Share | -$16.87 |
| Equity / Book Value | 1.04B |
| Book Value Per Share | 2.41 |
| Working Capital | -187.37M |
Cash Flow
In the last 12 months, operating cash flow was $1.02 billion and capital expenditures -$386.51 million, giving a free cash flow of $629.56 million.
| Operating Cash Flow | 1.02B |
| Capital Expenditures | -386.51M |
| Free Cash Flow | 629.56M |
| FCF Per Share | $1.45 |
Margins
Gross margin is 87.23%, with operating and profit margins of 49.10% and 27.74%.
| Gross Margin | 87.23% |
| Operating Margin | 49.10% |
| Pretax Margin | 30.59% |
| Profit Margin | 27.74% |
| EBITDA Margin | 85.91% |
| EBIT Margin | 61.21% |
| FCF Margin | 45.16% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 4.37%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 4.37% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 67.42% |
| Buyback Yield | -0.64% |
| Shareholder Yield | 3.72% |
| Earnings Yield | 6.49% |
| FCF Yield | 10.57% |
Analyst Forecast
The average price target for ETRN is $11.31, which is -17.69% lower than the current price. The consensus rating is "Hold".
| Price Target | $11.31 |
| Price Target Difference | -17.69% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 6.59% |
| EPS Growth Forecast (5Y) | 12.55% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ETRN has an Altman Z-Score of 0.37 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.37 |
| Piotroski F-Score | 4 |