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Equitrans Midstream Stock Price, News & Analysis

ETRN NYSE

Welcome to our dedicated page for Equitrans Midstream news (Ticker: ETRN), a resource for investors and traders seeking the latest updates and insights on Equitrans Midstream stock.

Equitrans Midstream Corporation (ETRN) provides essential natural gas infrastructure across the Appalachian Basin, operating one of North America's most extensive midstream networks. This page serves as the definitive source for verified company announcements, operational updates, and strategic developments.

Access real-time updates on ETRN's pipeline operations, storage capacity expansions, and sustainability initiatives. Investors and industry observers will find timely coverage of earnings reports, regulatory filings, and infrastructure milestones that shape the company's position in the energy sector.

Our curated news collection includes:
• Operational updates on gas transmission and storage systems
• Strategic partnerships enhancing Appalachian Basin infrastructure
• Regulatory compliance and environmental stewardship announcements
• Financial performance reports and capital allocation plans

Bookmark this page for direct access to ETRN's official communications, maintained with strict adherence to factual accuracy and financial disclosure standards. For comprehensive monitoring of midstream sector developments, revisit regularly for the latest verified updates.

Rhea-AI Summary

Equitrans Midstream Corporation (ETRN) has announced a quarterly cash dividend of $0.15 per common share and $0.4873 for Series A Perpetual Convertible Preferred Stock for Q4 2021. The dividends are set to be paid on February 14, 2022, to shareholders of record by February 3, 2022. ETRN, a significant natural gas gatherer in the U.S., operates primarily in the Appalachian Basin, focusing on gas transmission, storage, and related services. This distribution reflects the company's commitment to returning value to shareholders while maintaining its growth trajectory in the energy sector.

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Equitrans Midstream Corporation (NYSE: ETRN) reported strong third-quarter results for 2021, with a net income of $91 million and adjusted EBITDA of $266 million, exceeding expectations. The company raised its full-year guidance for adjusted EBITDA and free cash flow and maintained 69% of revenue from firm reservation fees. Notably, ETRN received a BBB ESG rating upgrade. The quarter also saw an arbitration win regarding the Hammerhead gathering agreement and a new 10-year water services deal with EQT, anticipated to generate $40 million in annual revenue.

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Equitrans Midstream Corporation (NYSE: ETRN) has declared a quarterly cash dividend of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for Q3 2021. These dividends are payable on November 12, 2021, to shareholders on record as of November 2, 2021. ETRN operates in the Appalachian Basin and is a leading natural gas gatherer. Its strategic assets support gas transmission, storage systems, and gathering systems, focusing on meeting the demand for clean-burning energy.

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Equitrans Midstream Corporation (ETRN) will release its Q3 2021 earnings on November 2, 2021, followed by a conference call at 10:30 am (ET). Investors can access an audio live stream and participate in a Q&A session. ETRN operates a key asset footprint in the Appalachian Basin, focusing on gas transmission and storage. Established as a standalone company in 2018, ETRN aims to be a premier midstream services provider in North America, addressing the growing need for clean energy while contributing to local communities.

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Equitrans Midstream Corporation (ETRN) announced its Q2 2021 financial results, reporting a net income of $40 million and adjusted EBITDA of $272 million, exceeding forecasts. The company generated $220 million in free cash flow and derived 67% of its revenue from firm reservation fees. However, net income was impacted by a $56.2 million impairment related to Ohio water assets. ETRN raised its adjusted EBITDA and free cash flow guidance for the full year. The company emphasized its commitment to sustainability, having published its annual corporate sustainability report.

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Rhea-AI Summary

Equitrans Midstream Corporation (ETRN) has declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for Q2 2021. The dividends will be paid on August 13, 2021 to shareholders of record as of August 4, 2021. As a prominent natural gas gatherer in the U.S. with a strong asset base in the Appalachian Basin, ETRN continues to focus on gas transmission, storage, and gathering systems supporting energy development while committing to environmental, social, and governance practices.

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Equitrans Midstream Corporation (ETRN) will report its Q2 2021 earnings on August 3, 2021, followed by a conference call at 10:30 AM ET. Participants must pre-register online to access the call.

ETRN is a leading natural gas gatherer in the U.S., focusing on gas transmission, storage, and related services across the Appalachian Basin. The company aims to support America's increasing demand for clean energy through its strategically located assets.

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Equitrans Midstream Corporation (NYSE: ETRN) reported strong Q1 2021 results, generating $77 million in net income and $308 million in adjusted EBITDA, both exceeding guidance. The company recorded 66% of total operating revenue from firm reservation fees. However, operating revenue decreased by $73.1 million compared to the previous year, primarily due to deferred revenue. ETRN has raised its full-year adjusted EBITDA and free cash flow guidance, indicating confidence in future performance. A quarterly dividend of $0.15 per share is set for May 2021.

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Equitrans Midstream Corporation (NYSE: ETRN) announced quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the first quarter of 2021. These dividends are to be paid on May 14, 2021, to shareholders of record by the close of business on May 5, 2021. Known for its significant asset base in the Appalachian Basin, ETRN stands as a leading U.S. natural gas gatherer, focusing on gas transmission, storage, and water services to meet the growing demand for clean energy.

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FAQ

What is the current stock price of Equitrans Midstream (ETRN)?

The current stock price of Equitrans Midstream (ETRN) is $12.42 as of July 19, 2024.

What is the market cap of Equitrans Midstream (ETRN)?

The market cap of Equitrans Midstream (ETRN) is approximately 5.4B.
Equitrans Midstream

NYSE:ETRN

ETRN Rankings

ETRN Stock Data

5.43B
431.85M
0.7%
87.37%
2.55%
Oil & Gas Midstream
Natural Gas Transmission
Link
United States
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