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ETRN

ETRN - Equitrans Midstream Corp Stock Price, Fair Value and News

12.45USD+0.20 (+1.63%)Market Closed

Market Summary

ETRN
USD12.45+0.20
Market Closed
1.63%

ETRN Stock Price

View Fullscreen

ETRN RSI Chart

ETRN Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

12.13

Price/Sales (Trailing)

3.87

EV/EBITDA

17.82

Price/Free Cashflow

8.58

ETRN Price/Sales (Trailing)

ETRN Profitability

EBT Margin

31.27%

Return on Equity

42.66%

Return on Assets

3.8%

Free Cashflow Yield

11.66%

ETRN Fundamentals

ETRN Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

1.51%

Rev. Growth (Qtr)

6.53%

ETRN Earnings

Earnings (TTM)

445.2M

Earnings Growth (Yr)

84.67%

Earnings Growth (Qtr)

16.82%

Breaking Down ETRN Revenue

Last 7 days

-2.1%

Last 30 days

10.1%

Last 90 days

20.3%

Trailing 12 Months

170.8%

How does ETRN drawdown profile look like?

ETRN Financial Health

Current Ratio

0.76

ETRN Investor Care

Dividend Yield

4.82%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

0.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.4B1.4B1.4B1.4B
20221.3B1.3B1.2B1.4B
20211.4B1.4B1.4B1.3B
20201.7B1.6B1.6B1.5B
20191.5B1.5B1.6B1.6B
20181.1B1.2B1.4B1.5B
2017773.1M813.9M854.7M895.6M
2016000732.3M
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Tracking the Latest Insider Buys and Sells of Equitrans Midstream Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 26, 2024
macken justin s
acquired
303,782
10.57
28,740
evp pipeline ops
Feb 26, 2024
pietrandrea brian p.
acquired
184,552
10.57
17,460
vp and cao
Feb 26, 2024
moore stephen m
acquired
585,050
10.57
55,350
evp & chief legal officer
Feb 26, 2024
charletta diana m
acquired
1,575,040
10.57
149,010
president & ceo
Feb 26, 2024
oliver kirk r
acquired
708,824
10.57
67,060
evp & cfo
Feb 26, 2024
tetlow nathan p
acquired
294,797
10.57
27,890
svp commercial services
Feb 26, 2024
karam thomas f
acquired
1,462,570
10.57
138,370
executive chairman
Dec 28, 2023
charletta diana m
sold (taxes)
-258,198
10.25
-25,190
president & coo
Dec 28, 2023
oliver kirk r
sold (taxes)
-165,578
10.25
-16,154
svp & cfo
Dec 28, 2023
karam thomas f
sold (taxes)
-683,870
10.25
-66,719
chairman & ceo

1–10 of 50

Which funds bought or sold ETRN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
Hexagon Capital Partners LLC
added
25.73
31,577
89,766
0.02%
Apr 18, 2024
SJS Investment Consulting Inc.
unchanged
-
277
1,499
-%
Apr 18, 2024
Capital Advisors, Ltd. LLC
unchanged
-
1,000
6,000
-%
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
unchanged
-
439
2,373
-%
Apr 18, 2024
SeaCrest Wealth Management, LLC
added
0.39
40,589
272,351
0.03%
Apr 18, 2024
STATE OF MICHIGAN RETIREMENT SYSTEM
added
2.41
271,239
1,328,960
0.01%
Apr 18, 2024
AlphaMark Advisors, LLC
added
8.52
19,000
76,000
0.03%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
reduced
-4.3
-186,000
714,000
0.03%
Apr 17, 2024
Cedar Brook Financial Partners, LLC
reduced
-1.19
30,964
238,753
0.05%
Apr 17, 2024
Iron Horse Wealth Management, LLC
unchanged
-
302
1,636
-%

1–10 of 47

Are Funds Buying or Selling ETRN?

Are funds buying ETRN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ETRN
No. of Funds

Unveiling Equitrans Midstream Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 16, 2024
price t rowe associates inc /md/
1.5%
6,352,101
SC 13G/A
Feb 14, 2024
price t rowe associates inc /md/
1.5%
6,352,101
SC 13G/A
Feb 13, 2024
vanguard group inc
10.79%
46,756,511
SC 13G/A
Feb 09, 2024
capital international investors
9.0%
39,044,595
SC 13G/A
Jan 23, 2024
blackrock inc.
12.7%
55,168,841
SC 13G/A
Jan 11, 2024
cibc private wealth group, llc
16.66%
5e+06
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
7.2%
31,316,116
SC 13G/A
Feb 13, 2023
capital international investors
12.2%
53,000,392
SC 13G/A
Feb 09, 2023
vanguard group inc
10.71%
46,363,990
SC 13G/A
Jan 26, 2023
blackrock inc.
12.0%
51,729,117
SC 13G/A

Recent SEC filings of Equitrans Midstream Corp

View All Filings
Date Filed Form Type Document
Apr 16, 2024
425
Prospectus Filed
Apr 09, 2024
425
Prospectus Filed
Mar 27, 2024
425
Prospectus Filed
Mar 22, 2024
425
Prospectus Filed
Mar 19, 2024
425
Prospectus Filed
Mar 19, 2024
DEFA14A
DEFA14A
Mar 15, 2024
425
Prospectus Filed
Mar 14, 2024
425
Prospectus Filed
Mar 13, 2024
425
Prospectus Filed
Mar 12, 2024
425
Prospectus Filed

Peers (Alternatives to Equitrans Midstream Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
74.2B
43.6B
-3.30% -11.35%
11.98
1.7
-18.12% 106.16%
62.6B
49.7B
-0.45% 8.13%
11.32
1.26
-14.56% 0.77%
53.1B
78.6B
0.70% 24.47%
13.5
0.68
-12.56% -17.26%
41.8B
15.3B
4.44% 8.53%
17
2.73
-18.66% -3.98%
38.0B
20.3B
-0.45% 7.23%
3.85
1.87
-39.46% 591.95%
12.6B
48.7B
3.76% 37.71%
10.22
0.26
-15.05% 18.61%
MID-CAP
6.7B
1.0B
1.68% 35.41%
17.96
6.41
13.24% 13.96%
6.2B
6.9B
4.38% 34.82%
29.87
0.89
-27.69% -42.93%
5.4B
1.4B
10.08% 170.76%
12.13
3.87
2.66% 265.30%
2.8B
1.3B
-0.03% 24.98%
11.72
2.09
5.76% 9.36%
2.6B
1.1B
0.63% 33.31%
4.66
2.42
23.95% 43.45%
SMALL-CAP
1.6B
16.5B
-6.93% 51.50%
10.27
0.09
-12.64% -57.90%
1.4B
3.2B
5.92% 8.86%
12.28
0.46
13.91% 56.01%
286.4M
82.4M
-4.55% -4.48%
7.48
3.48
5.74% -6.51%
106.1M
798.0M
4.62% 7.09%
-23.32
0.13
-21.68% 55.98%

Equitrans Midstream Corp News

Latest updates
MarketBeat39 hours ago
Nasdaq16 Apr 202402:39 pm
The Wall Street Journal11 Mar 202407:00 am

Equitrans Midstream Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue6.5%360,609,000338,514,000318,469,000376,337,000355,239,000331,751,000328,611,000342,146,000246,672,000342,074,000348,295,000379,996,000367,122,000350,000,000340,590,000453,113,000425,859,000408,434,000406,167,000389,782,000384,791,000
Costs and Expenses-4.8%175,298,000184,225,000188,935,000161,093,000175,373,000153,421,000145,313,000146,046,000157,350,000154,528,000215,342,000154,416,000160,449,000149,491,000165,293,000211,031,000737,622,000446,887,000239,992,000129,741,000444,237,000
  S&GA Expenses-24.2%42,193,00055,627,00056,932,00032,622,00036,398,00033,348,00029,009,00029,717,00032,520,00033,560,00035,482,00035,494,00035,783,00031,626,00032,821,00029,739,00029,362,00024,151,00027,224,00032,178,00040,957,000
EBITDA Margin25.5%0.210.16-0.28-0.28-0.27-1.96-1.45-1.44-1.400.220.280.39---------
Interest Expenses-5.3%-111,949,000-106,334,000-103,644,000-104,957,000-105,010,000-101,085,000-95,117,000-93,121,000-93,763,000-94,101,000-95,642,000-95,144,000-87,420,000-86,411,000-66,795,000-66,754,000-67,927,000-65,606,000-61,713,000-60,949,000-46,606,000
Income Taxes58.7%-4,528,000-10,976,000465,000-3,784,000-1,483,000-366,0002,692,0005,601,000-407,586,00031,642,00012,332,00020,259,00021,747,00028,440,00034,267,00019,139,0004,836,0001,948,00011,470,00032,450,00039,748,000
Earnings Before Taxes22.6%145,511,000118,728,00069,385,000102,307,00080,680,000-503,299,00067,431,000104,494,000-2,009,656,000120,972,00051,742,00096,299,000153,274,000196,879,000177,725,000208,699,000-328,680,000-59,541,000141,950,000232,016,000-78,292,000
EBT Margin17.0%0.310.27-0.18-0.18-0.18-1.87-1.36-1.35-1.320.290.340.43---------
Net Income16.8%148,870,000127,432,00067,245,000101,682,00080,614,000-505,865,00060,791,00095,118,000-1,606,121,00085,773,00036,402,00072,126,000117,812,000164,466,00056,494,000189,560,000-268,738,000-65,825,00074,521,00056,299,000-48,223,000
Net Income Margin17.7%0.320.27-0.19-0.19-0.20-1.57-1.08-1.09-1.070.220.270.29---------
Free Cashflow95.8%184,167,00094,063,000202,254,000149,080,000-597,00095,878,000259,172,000114,661,000267,295,000129,144,000313,521,000168,287,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets6.1%11,70911,03310,72710,39910,44610,33510,90910,77610,88312,85812,79812,78112,71912,63112,44512,19012,04212,57612,43610,27510,524
  Current Assets22.1%595488416321390332392326447486551572562533503368375422333311569
    Cash Equivalents43.3%25918110752.0068.0048.0011542.0013519424323220818320276.0088.0015426.0079.00294
  Net PPE0.5%7,9927,9497,9117,9017,8847,8597,8227,7847,7887,7737,7627,8167,8287,8397,8077,7517,7247,6147,3806,0085,868
  Goodwill0%487487487487487487487487487487487487487487487-487-1,3471081,239
Liabilities7.2%9,5218,8788,6278,2978,3658,2628,2418,0988,2288,5258,4778,4258,3638,3098,2287,1456,7606,6356,1915,5985,264
  Current Liabilities20.3%783651462313413541300208368318373575595672403293336558694393549
    LT Debt, Current0.0%300300-99.0099.0099.00-----310303303--6.006.006.006.006.00
Shareholder's Equity3.6%1,0441,0071,4181,4209191,3911,9851,9961,9723,1723,1633,2023,6763,6403,5485,0445,2825,9416,2454,6775,260
  Retained Earnings2.3%-2,932-3,000-3,047-3,031-3,053-3,054-2,468-2,449-2,464-778-784-741-728-781-866-858-618-234-53.79-13.7034.00
Accumulated Depreciation4.1%1,7531,6841,6181,5501,4811,4121,3441,2781,2171,1561,0901,0761,008944883823859825785651602
Shares Outstanding0.1%434433433433433433433433433433433433---------
Minority Interest-----479---483---471---4,609---4,802
Float---4,100---2,800---3,400---3,400---4,000--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations44.5%291,218201,586298,554224,72099,236209,567351,026185,946346,744209,877382,595229,552316,691231,195343,697249,303286,018267,926300,342122,20120,317
  Share Based Compensation-18.8%5,8907,25722,6983,4683,6583,6583,6564,8282,4932,9993,1464,4452,9133,0481,7964,544886-7181,5101,1082,897
Cashflow From Investing-62.8%-514,495-315,992-130,871-108,724-139,860-155,007-129,699-142,471-186,829-173,718-141,711-70,711-211,699-172,864-148,949-196,317-457,983-486,469-1,277,492-352,588-718,846
Cashflow From Financing60.4%301,545187,943-113,107-131,39860,455-121,014-148,413-136,529-219,499-84,551-230,158-134,953-79,499-78,149-68,364-65,344106,531346,798923,60215,264808,599
  Dividend Payments0.0%64,99064,98964,97764,96464,91764,91764,91564,90164,87164,87964,87464,87164,87164,87134,399114,254114,635114,634114,608104,251-
  Buy Backs----------------138,669190,992---238,455238,455-

ETRN Income Statement

2023-12-31
Statements of Consolidated Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Operating revenues$ 1,393,929$ 1,357,747$ 1,317,037
Operating expenses:   
Operating and maintenance177,972154,667153,179
Selling, general and administrative187,374128,472137,056
Depreciation279,386272,195270,404
Amortization of intangible assets64,81964,81964,819
Impairment of long-lived assets0056,178
Total operating expenses709,551620,153681,636
Operating income684,378737,594635,401
Equity income[1],[2]175,21516817,579
Impairments of equity method investment0(583,057)(1,926,402)
Other income (expense), net3,22213,871(47,546)
Loss on extinguishment of debt0(24,937)(41,025)
Net interest expense(426,884)(394,333)(378,650)
Income (loss) before income taxes435,931(250,694)(1,740,643)
Income tax (benefit) expense(18,823)6,444(343,353)
Net income (loss)454,754(257,138)(1,397,290)
Net income attributable to noncontrolling interest9,52512,20414,530
Net income (loss) attributable to Equitrans Midstream445,229(269,342)(1,411,820)
Preferred dividends58,51258,51258,512
Net income (loss) attributable to Equitrans Midstream common shareholders$ 386,717$ (327,854)$ (1,470,332)
Earnings (loss) per share of common stock attributable to Equitrans Midstream common shareholders - basic (in dollars per share)$ 0.89$ (0.76)$ (3.40)
Earnings (loss) per share of common stock attributable to Equitrans Midstream common shareholders - diluted (in dollars per share)$ 0.89$ (0.76)$ (3.40)
Weighted average common shares outstanding - basic (in shares)433,963433,341433,008
Weighted average common shares outstanding - diluted (in shares)436,132433,341433,008
Statement of comprehensive income (loss):   
Net income (loss)$ 454,754$ (257,138)$ (1,397,290)
Other comprehensive income, net of tax:   
Pension and other post-retirement benefits liability adjustment, net of tax expense of $19, $236 and $6260722175
Other comprehensive income60722175
Comprehensive income (loss)454,814(256,416)(1,397,115)
Less: Comprehensive income attributable to noncontrolling interest9,52512,20414,530
Less: Comprehensive income attributable to preferred dividends58,51258,51258,512
Comprehensive income (loss) attributable to Equitrans Midstream common shareholders$ 386,777$ (327,132)$ (1,470,157)
Dividends declared per common share (in dollars per share)$ 0.60$ 0.60$ 0.60
[1]Represents equity income from Mountain Valley Pipeline, LLC (the MVP Joint Venture). See Note 7.
[2]Represents equity income from the MVP Joint Venture. See Note 7.

ETRN Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 258,877$ 67,898
Accounts receivable (net of allowance for credit losses of $6,429 and $3,031 as of December 31, 2023 and 2022, respectively)258,264246,887
Other current assets78,35674,917
Total current assets595,497389,702
Property, plant and equipment9,745,2989,365,051
Less: accumulated depreciation(1,752,914)(1,480,720)
Net property, plant and equipment7,992,3847,884,331
Investment in unconsolidated entity[1]1,832,282819,743
Goodwill486,698486,698
Net intangible assets522,133586,952
Other assets280,432278,159
Total assets11,709,42610,445,585
Current liabilities:  
Current portion of long-term debt299,73198,830
Accounts payable60,88460,528
Capital contributions payable to the MVP Joint Venture181,05134,355
Accrued interest134,330135,762
Accrued liabilities106,87083,835
Total current liabilities782,866413,310
Long-term liabilities:  
Revolving credit facility borrowings1,230,000535,000
Long-term debt6,046,7096,335,320
Contract liability1,296,039968,535
Regulatory and other long-term liabilities165,695112,974
Total liabilities9,521,3098,365,139
Mezzanine equity:  
Equitrans Midstream Preferred Shares, 30,018 shares issued and outstanding as of December 31, 2023 and 2022681,842681,842
Shareholders' equity:  
Common stock, no par value, 433,505 and 432,781 shares issued and outstanding as of December 31, 2023 and 2022, respectively3,977,1493,974,127
Retained deficit(2,932,206)(3,053,590)
Accumulated other comprehensive loss(1,272)(1,332)
Total common shareholders' equity1,043,671919,205
Noncontrolling interest462,604479,399
Total shareholders' equity1,506,2751,398,604
Total liabilities, mezzanine equity and shareholders' equity$ 11,709,426$ 10,445,585
[1]Represents investment in the MVP Joint Venture. See Note 7.
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 was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.
 CEO
 WEBSITEequitransmidstream.com
 INDUSTRYOil - Midstream
 EMPLOYEES766

Equitrans Midstream Corp Frequently Asked Questions


What is the ticker symbol for Equitrans Midstream Corp? What does ETRN stand for in stocks?

ETRN is the stock ticker symbol of Equitrans Midstream Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Equitrans Midstream Corp (ETRN)?

As of Fri Apr 19 2024, market cap of Equitrans Midstream Corp is 5.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ETRN stock?

You can check ETRN's fair value in chart for subscribers.

What is the fair value of ETRN stock?

You can check ETRN's fair value in chart for subscribers. The fair value of Equitrans Midstream Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Equitrans Midstream Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ETRN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Equitrans Midstream Corp a good stock to buy?

The fair value guage provides a quick view whether ETRN is over valued or under valued. Whether Equitrans Midstream Corp is cheap or expensive depends on the assumptions which impact Equitrans Midstream Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ETRN.

What is Equitrans Midstream Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, ETRN's PE ratio (Price to Earnings) is 12.13 and Price to Sales (PS) ratio is 3.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ETRN PE ratio will change depending on the future growth rate expectations of investors.