MARKET COMPOSITE
ETRN - Equitrans Midstream Corporation8:00:02 PM 4/23/2024
Price
$12.89
+ 0.03 (0.23%)
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.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue360.6MM+7%
Operating Income185.3MM+20%
Operating Expenses175.3MM-
Net Income148.9MM+17%
G&A42.2MM-24%
Amortization16.2MM+0%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.

    CANONSBURG, Pa., April 16, 2024--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 entered into a definitive agreement to be acquired by EQT Corporation (NYSE: EQT), subject to required regulatory approvals and clearances, approval of shareholders of each of EQT and ETRN, and other closing conditions; therefore, ETRN will no longer host its quarterly results conference calls with

    NextEra Energy Partners' unit price has fallen dramatically. The same thing happened to Equitrans Midstream and now it's being bought out.

    EQT's acquisition of Equitrans Midstream for $5.5 billion unveils the CEO's vision for AI-driven growth.

    What’s News: Business & Finance03-12-2024 04:01:00 AM

    WHATS NEWS BUSINESS FINANCE EQT struck a roughly $5.5 billion deal to buy back its former Equitrans Midstream subsidiary in a bid to create a big, vertically integrated natural-gas provider. First responders treated about 50 people after a Boeing 787 Dreamliner operated by Latam experienced what the airline called a technical event en route to Auckland from Sydney.

    EQT Corporation (EQT) shares are trading lower Monday after the company announced an all-stock deal to acquire Equitrans Midstream (ETRN). Through this vertical integration move, EQT aims to expand its presence in the natural gas sector, strengthening its ability to supply to various regions across the country. Yahoo Finance's Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: Th...

    (Bloomberg) -- US natural gas producer EQT Corp. agreed to buy back former unit Equitrans Midstream Corp. for about $5.5 billion in stock, the latest in a flurry of deals in the oil and gas pipeline industry.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needless RisksChinese Stocks Gain 20% From Lows, Fueling Market Bottom CallsThe transaction will give EQT control of

    U.S. stocks mostly edged lower on Monday with investors preparing for this week's consumer and producer price data, which they hope could give them a better idea on whether the Federal Reserve can begin cutting interest rates in the coming months. Boeing shares were down 3.2% in afternoon trading. Alaska Airlines said on Saturday it was cooperating with the U.S. Department of Justice in a criminal investigation into a Boeing 737 MAX cabin panel blowout on one of its flights in January.

    [**Coinbase (COIN)**](https://www.wsj.com/market-data/quotes/COIN): The crypto exchange rose nearly 4%, as bitcoin [notched another record high](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-03-11-2024/card/bitcoin-price-hits-new-record-high-u-k-greenlights-some-crypto-trading-WuhfWVW4JLnDJnFdSMJs).

    Equitrans is the majority owner of a pipeline situated in one of the fastest growing AI data center hubs.