ETRN

Investor Moves

Name	Value	Action	Change	Price	Last Price
Ken GriffinCitadel Advisors $-38.1M ExitQ3 2024 $38M $12.72 $12.42
Mario GabelliGAMCO Investors $-4.2M ExitQ3 2024 $4M $12.72 $12.42
Paul Tudor Jones IITudor Investment $-3.1M ExitQ3 2024 $3M $12.72 $12.42
George SorosSoros Fund Management $-1.7M ExitQ3 2024 $2M $12.72 $12.42
Steven CohenPoint72 $-1.1M ExitQ3 2024 $1M $12.72 $12.42
Jim SimonsRenaissance Technologies $-17.3M ExitQ3 2024 $17M $12.72 $12.42

Congress Trades

Name	Value	Action	Amount Range	Price	Last Price
Bill HagertyRepublican $33k OtherJul 22, 2024 $15k-$50k -- $12.42

Trade ETRN

About Equitrans Midstream Corporation

Equitrans Midstream Corporation (ETRN) specializes in the ownership, operation, acquisition, and expansion of natural gas gathering, transmission, and storage infrastructure, alongside water services assets, primarily located in the Appalachian Basin. The company's operations are divided into three distinct business units: the Gathering System, the Transmission and Storage System, and the Water Service System. The Gathering System segment encompasses a substantial network, featuring 1,130 miles of high-pressure gathering lines, bolstered by approximately 485,000 horsepower of compression and multiple points of interconnection. This segment also incorporates about 910 miles of low-pressure gathering lines that are regulated by the Federal Energy Regulatory Commission (FERC). The Transmission and Storage System consists of 950 miles of FERC-regulated interstate pipelines. These critical pipelines establish connections with seven other interstate pipeline systems and a variety of local distribution companies. Within the Water Service System segment, ETRN manages two independent pipeline networks, totaling approximately 200 miles. These systems are responsible for delivering fresh water sourced from the Monongahela River, the Ohio River, local reservoirs, and various other regional waterways. Equitrans Midstream Corporation was established in 2018 and its main corporate office is situated in Canonsburg, Pennsylvania.

CEO: Diana M. Charletta
IPO Date: Oct 31, 2018

Market Data

Open: $12.36
High: $12.57
Low: $12.23
Volume: 194.2M
Avg Volume: 9M
52W High: $14.64
52W Low: $8.57

Valuation

Market Cap: $5.4B
Enterprise Value: $12.8B
Dividend Yield: 60.0%

Financials

Free Cash Flow: $629.6M
Revenue: $1.4B
Net Income: $445.2M
Cash: $258.9M
Debt: $7.6B

Events

EarningsAug 6

EPS est. 0.14 · actual 0.12