Last 7 days
-0.2%
Last 30 days
-1.3%
Last 90 days
2.7%
Trailing 12 Months
25.7%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-24 | BAILEY VICKY A | sold | -12,419 | 5.09 | -2,440 | - |
2023-03-21 | KARAM THOMAS F | gifted | - | - | -100,000 | chairman and ceo |
2023-03-16 | Oliver Kirk R | bought | 49,140 | 5.46 | 9,000 | sr vp & cfo |
2023-03-14 | Moore Stephen M | bought | 49,810 | 5.86 | 8,500 | sr vp & general counsel |
2023-02-27 | Oliver Kirk R | sold (taxes) | -14,798 | 6.11 | -2,422 | sr vp & cfo |
2023-02-27 | Pietrandrea Brian P. | acquired | 179,254 | 6.20407 | 28,893 | vp and cao |
2023-02-27 | Charletta Diana M | acquired | 1,466 | 6.11 | 240 | president and coo |
2023-02-27 | Moore Stephen M | acquired | 578,001 | 6.20333 | 93,176 | sr vp & general counsel |
2023-02-27 | Pietrandrea Brian P. | sold (taxes) | -3,195 | 6.11 | -523 | vp and cao |
2023-02-27 | Oliver Kirk R | acquired | 717,003 | 6.20406 | 115,570 | sr vp & cfo |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | new | - | 94,816 | 94,816 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -39.11 | 133,000 | 18,783,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 1,104 | 2,792 | -% |
2023-09-11 | BLUEFIN CAPITAL MANAGEMENT, LLC | new | - | 6,668,120 | 6,668,120 | 1.27% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 143 | 450,191 | 587,191 | -% |
2023-08-22 | COMERICA BANK | new | - | 4,000 | 4,000 | -% |
2023-08-21 | BOKF, NA | sold off | -100 | -10,780 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 183 | 836,332 | 1,062,030 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 11.09 | 311,000 | 682,000 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 2.44 | 2,078,910 | 5,073,230 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Jan 20, 2023 | blackrock inc. | 12.0% | 51,729,117 | SC 13G | |
Jul 11, 2022 | vanguard group inc | 10.00% | 43,276,434 | SC 13G/A | |
Apr 28, 2022 | eqt corp | 0% | 0 | SC 13G/A | |
Feb 14, 2022 | price t rowe associates inc /md/ | 5.0% | 21,697,668 | SC 13G | |
Feb 11, 2022 | capital international investors | 11.7% | 50,477,217 | SC 13G/A | |
Feb 04, 2022 | eqt corp | 5.3% | 22,796,026 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 07, 2023 | 8-K | Current Report | |
Aug 24, 2023 | 8-K | Current Report | |
Aug 24, 2023 | UPLOAD | UPLOAD | |
Aug 17, 2023 | CORRESP | CORRESP | |
Aug 04, 2023 | UPLOAD | UPLOAD | |
Aug 01, 2023 | 8-K | Current Report | |
Aug 01, 2023 | 10-Q | Quarterly Report | |
Jul 11, 2023 | 8-K | Current Report | |
Jul 07, 2023 | S-3ASR | S-3ASR | |
Jun 22, 2023 | 11-K | Employee Benefit Details |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CQP | - | 14.5B | 12.11% | 14.39% | - | - | 11.12% | 227.86% |
WMB | 41.4B | 11.5B | -2.05% | 16.50% | 15.57 | 3.59 | 7.16% | 69.50% |
ET | 40.6B | 80.8B | 6.46% | 39.03% | 8.97 | 1.48 | -1.23% | 0.82% |
KMI | 37.3B | 17.1B | -3.40% | 2.92% | 14.87 | 2.18 | -3.10% | 3.16% |
OKE | 29.8B | 19.2B | 2.45% | 28.12% | 12.24 | 1.55 | -10.28% | 54.38% |
MID-CAP | ||||||||
NFE | 6.5B | 2.4B | 9.82% | -26.71% | 16.35 | 2.68 | 18.38% | 86.75% |
ENLC | 4.7B | 8.0B | 2.92% | 50.89% | 12.19 | 0.52 | -9.16% | 99.38% |
ETRN | 4.1B | 1.4B | -1.35% | 25.66% | -15.45 | 2.98 | 9.71% | 80.43% |
DKL | 2.0B | 1.1B | 4.45% | -9.47% | 13.01 | 1.9 | 42.53% | -0.22% |
DCP | - | 11.9B | 0.51% | 28.75% | - | - | -14.57% | 7.44% |
SMALL-CAP | ||||||||
NS | 1.9B | 308.0M | 6.99% | 35.60% | 8.53 | 8.41 | 145.69% | 7305.10% |
SMLP | - | 384.8M | -3.11% | -1.48% | - | - | -2.94% | 38.53% |
VTNR | 425.2M | 3.1B | 12.04% | -20.56% | 10.87 | 0.14 | 156.21% | 157.73% |
12%
83.8%
75.7%
68.3%
Y-axis is the maximum loss one would have experienced if Equitrans Midstream was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -0.7% | 1,381,796,000 | 1,391,938,000 | 1,357,747,000 | 1,249,180,000 | 1,259,503,000 | 1,279,187,000 | 1,317,037,000 | 1,437,487,000 | 1,445,413,000 | 1,437,708,000 | 1,510,825,000 | 1,569,562,000 | 1,627,996,000 | 1,693,573,000 | 1,630,242,000 | 1,589,174,000 | 1,545,324,000 | 1,513,854,000 | 1,495,098,000 | 1,402,685,000 | 1,244,394,000 |
S&GA Expenses | 21.0% | 160,891,000 | 132,968,000 | 128,472,000 | 124,594,000 | 124,806,000 | 131,279,000 | 137,056,000 | 140,319,000 | 138,385,000 | 135,724,000 | 129,969,000 | 123,548,000 | 116,073,000 | 110,476,000 | 112,915,000 | 124,510,000 | 127,739,000 | 128,775,000 | 123,810,000 | 108,876,000 | 100,798,000 |
EBITDA | 100.0% | - | -399,622,000 | -372,832,000 | -2,454,394,000 | -1,781,043,000 | -1,804,681,000 | -1,819,285,000 | 332,864,000 | 415,079,000 | 562,802,000 | 695,608,000 | 218,641,000 | -24,286,000 | -61,371,000 | -43,086,000 | - | - | - | - | - | - |
EBITDA Margin | 100.0% | - | -0.29 | -0.27 | -1.96 | -1.41 | -1.41 | -1.38 | 0.23 | 0.29 | 0.39 | 0.46 | 0.14 | -0.01 | -0.04 | -0.03 | - | - | - | - | - | - |
Interest Expenses | -2.1% | -414,696,000 | -406,169,000 | -394,333,000 | -383,086,000 | -376,102,000 | -376,627,000 | -378,650,000 | -372,307,000 | -364,617,000 | -335,770,000 | -307,380,000 | -287,887,000 | -267,082,000 | -262,000,000 | -256,195,000 | -231,900,000 | -193,574,666 | - | -115,454,000 | -78,779,000 | -52,127,000 |
Earnings Before Taxes | 0.7% | -266,055,000 | -268,009,000 | -250,694,000 | -2,341,030,000 | -1,716,759,000 | -1,732,448,000 | -1,740,643,000 | 422,287,000 | 498,194,000 | 624,177,000 | 736,577,000 | 254,623,000 | -1,797,000 | -37,572,000 | -14,255,000 | 236,133,000 | 494,566,000 | 579,482,000 | 594,419,000 | 788,895,000 | 727,737,000 |
EBT Margin | 100.0% | - | -0.19 | -0.18 | -1.87 | -1.33 | -1.33 | -1.30 | 0.30 | 0.35 | 0.44 | 0.49 | 0.16 | 0.00 | -0.02 | -0.01 | - | - | - | - | - | - |
Net Income | 2.4% | -266,979,000 | -273,433,000 | -269,342,000 | -1,956,077,000 | -1,364,439,000 | -1,388,828,000 | -1,411,820,000 | 312,113,000 | 390,806,000 | 410,898,000 | 528,332,000 | 141,782,000 | -88,509,000 | -70,482,000 | -203,743,000 | 16,772,000 | 165,422,000 | 191,968,000 | 218,398,000 | 139,496,000 | 90,005,000 |
Net Income Margin | 100.0% | - | -0.20 | -0.20 | -1.57 | -1.05 | -1.06 | -1.05 | 0.22 | 0.27 | 0.29 | 0.27 | 0.01 | -0.13 | -0.11 | -0.12 | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 503,533,000 | 469,114,000 | 737,006,000 | 770,272,000 | 824,621,000 | 878,247,000 | 843,204,000 | 836,762,000 | 750,231,000 | 678,855,000 | 535,189,000 | 671,513,000 | 735,965,000 | 9,118,000 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2017Q4 |
Assets | 3.2% | 10,727 | 10,399 | 10,446 | 10,335 | 10,909 | 10,776 | 10,883 | 12,858 | 12,798 | 12,781 | 12,719 | 12,631 | 12,445 | 12,190 | 12,042 | 12,576 | 12,436 | 10,275 | 10,524 | 9,943 | 8,329 |
Current Assets | 29.4% | 416 | 321 | 390 | 332 | 392 | 326 | 447 | 486 | 551 | 572 | 562 | 533 | 503 | 368 | 375 | 422 | 333 | 311 | 569 | 420 | 355 |
Cash Equivalents | 104.0% | 107 | 52.00 | 68.00 | 48.00 | 115 | 42.00 | 135 | 194 | 243 | 232 | 208 | 183 | 202 | 76.00 | 88.00 | 154 | 26.00 | 79.00 | 294 | 184 | 121 |
Net PPE | 0.1% | 7,911 | 7,901 | 7,884 | 7,859 | 7,822 | 7,784 | 7,788 | 7,773 | 7,762 | 7,816 | 7,828 | 7,839 | 7,807 | 7,751 | 7,724 | 7,614 | 7,380 | 6,008 | 5,868 | 5,620 | 5,111 |
Goodwill | 0% | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 487 | - | 487 | - | 1,347 | 108 | 1,239 | 1,385 | 1,385 |
Liabilities | 4.0% | 8,627 | 8,297 | 8,365 | 8,262 | 8,241 | 8,098 | 8,228 | 8,525 | 8,477 | 8,425 | 8,363 | 8,309 | 8,228 | 7,145 | 6,760 | 6,635 | 6,191 | 5,598 | 5,264 | 4,467 | 2,090 |
Current Liabilities | 47.6% | 462 | 313 | 413 | 541 | 300 | 208 | 368 | 318 | 373 | 575 | 595 | 672 | 403 | 293 | 336 | 558 | 694 | 393 | 549 | 958 | 606 |
LT Debt, Current | -100.0% | - | 99.00 | 99.00 | 99.00 | - | - | - | - | - | 310 | 303 | 303 | - | - | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | - | - |
Shareholder's Equity | -32.9% | 952 | 1,420 | 919 | 913 | 1,985 | 1,996 | 1,972 | 3,172 | 3,163 | 3,202 | 3,676 | 3,640 | 3,548 | 5,044 | 5,282 | 5,941 | 6,245 | 4,677 | 5,260 | 5,475 | 6,239 |
Retained Earnings | -0.5% | -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 | -13.70 | 34.00 | - | - |
Accumulated Depreciation | 4.4% | 1,618 | 1,550 | 1,481 | 1,412 | 1,344 | 1,278 | 1,217 | 1,156 | 1,090 | 1,076 | 1,008 | 944 | 883 | 823 | 859 | 825 | 785 | 651 | 602 | 519 | 406 |
Shares Outstanding | 0.0% | 433 | 433 | 433 | 433 | 433 | 433 | 433 | 433 | 433 | 433 | 432 | 433 | 261 | 249 | 255 | 255 | 255 | 255 | 254 | 254 | 254 |
Minority Interest | - | - | - | 479 | - | - | - | 483 | - | - | - | 471 | - | - | - | 4,609 | - | - | - | 4,802 | - | 5,095 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -5.9% | 832 | 885 | 846 | 1,093 | 1,094 | 1,125 | 1,169 | 1,139 | 1,160 | 1,121 | 1,141 | 1,110 | 1,147 | 1,104 | 976 | 711 | 695 | 549 | 722 | 891 | 852 |
Share Based Compensation | 131.9% | 33.00 | 14.00 | 16.00 | 15.00 | 14.00 | 13.00 | 13.00 | 14.00 | 14.00 | 12.00 | 12.00 | 10.00 | 7.00 | 6.00 | 3.00 | 5.00 | 6.00 | 5.00 | 4.00 | 1.00 | 1.00 |
Cashflow From Investing | -0.2% | -534 | -533 | -567 | -614 | -632 | -644 | -572 | -597 | -596 | -604 | -729 | -976 | -1,289 | -2,418 | -2,574 | -2,835 | -2,852 | -1,852 | -1,785 | -1,277 | -1,032 |
Cashflow From Financing | 10.4% | -305 | -340 | -345 | -625 | -588 | -670 | -669 | -529 | -522 | -360 | -291 | -105 | 320 | 1,312 | 1,392 | 2,094 | 336 | 1,216 | 1,237 | 304 | 2,288 |
Dividend Payments | 0.0% | 260 | 260 | 260 | 260 | 260 | 260 | 259 | 259 | 259 | 229 | 278 | 328 | 378 | 458 | 448 | 333 | 219 | 104 | - | - | - |
Buy Backs | - | - | - | - | - | - | - | - | - | - | -138 | 52.00 | 52.00 | 52.00 | -47.46 | - | - | - | 954 | - | - | - |
Statements of Consolidated Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | [1] | Jun. 30, 2023 | Jun. 30, 2022 | |||||||||||
Income Statement [Abstract] | |||||||||||||||
Operating revenues | $ 318,469 | $ 328,611 | $ 694,806 | $ 670,757 | [1] | ||||||||||
Operating expenses: | |||||||||||||||
Operating and maintenance | 45,767 | 32,442 | 88,629 | 65,523 | [1] | ||||||||||
Selling, general and administrative | 56,932 | 29,009 | 89,554 | 58,726 | [1] | ||||||||||
Depreciation | 70,031 | 67,657 | 139,435 | 134,700 | [1],[2] | ||||||||||
Amortization of intangible assets | 16,205 | 16,205 | 32,410 | 32,410 | [1],[2] | ||||||||||
Total operating expenses | 188,935 | 145,313 | 350,028 | 291,359 | [1] | ||||||||||
Operating income | 129,534 | 183,298 | 344,778 | 379,398 | [1] | ||||||||||
Equity income | [3] | 23,686 | 39 | 23,808 | [4] | 43 | [1],[2],[4] | ||||||||
Other income, net | 19,809 | 4,148 | 11,707 | 5,659 | [1] | ||||||||||
Loss on extinguishment of debt | 0 | (24,937) | 0 | (24,937) | [2] | ||||||||||
Net interest expense | (103,644) | (95,117) | (208,601) | (188,238) | [1] | ||||||||||
Income before income taxes | 69,385 | 67,431 | 171,692 | 171,925 | [1] | ||||||||||
Income tax expense (benefit) | 465 | 2,692 | (3,319) | 8,293 | [1] | ||||||||||
Net income | 68,920 | 64,739 | 175,011 | 163,632 | [1],[2] | ||||||||||
Net income attributable to noncontrolling interest | 1,675 | 3,948 | 6,084 | 7,723 | [1] | ||||||||||
Net income attributable to Equitrans Midstream | 67,245 | 60,791 | 168,927 | 155,909 | [1] | ||||||||||
Preferred dividends | 14,628 | 14,628 | 29,256 | 29,256 | [1] | ||||||||||
Net income attributable to Equitrans Midstream common shareholders | $ 52,617 | $ 46,163 | $ 139,671 | $ 126,653 | [1] | ||||||||||
Earnings per share of common stock attributable to Equitrans Midstream common shareholders - basic (in dollars per share) | $ 0.12 | $ 0.11 | $ 0.32 | $ 0.29 | [1] | ||||||||||
Earnings per share of common stock attributable to Equitrans Midstream common shareholders - diluted (in dollars per share) | $ 0.12 | $ 0.11 | $ 0.32 | $ 0.29 | [1] | ||||||||||
Weighted average common shares outstanding - basic (in shares) | 433,961 | 433,333 | 433,834 | 433,326 | [1] | ||||||||||
Weighted average common shares outstanding - diluted (in shares) | 435,476 | 434,025 | 434,640 | 433,970 | [1] | ||||||||||
Statement of comprehensive income: | |||||||||||||||
Net income | $ 68,920 | $ 64,739 | $ 175,011 | $ 163,632 | [1],[2] | ||||||||||
Other comprehensive income, net of tax: | |||||||||||||||
Pension and other post-retirement benefits liability adjustment, net of tax expense of $7, $12, $14 and $24 | 22 | 34 | 44 | 68 | [1] | ||||||||||
Other comprehensive income | 22 | 34 | 44 | 68 | [1] | ||||||||||
Comprehensive income | 68,942 | 64,773 | 175,055 | 163,700 | [1] | ||||||||||
Less: Comprehensive income attributable to noncontrolling interest | 1,675 | 3,948 | 6,084 | 7,723 | [1] | ||||||||||
Less: Comprehensive income attributable to preferred dividends | 14,628 | 14,628 | 29,256 | 29,256 | [1] | ||||||||||
Comprehensive income attributable to Equitrans Midstream common shareholders | $ 52,639 | $ 46,197 | $ 139,715 | $ 126,721 | [1] | ||||||||||
Dividends declared per common share (in dollars per share) | $ 0.15 | $ 0.15 | $ 0.30 | $ 0.30 | [1] | ||||||||||
|
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
Current assets: | ||||
Cash and cash equivalents | $ 107,072 | $ 67,898 | ||
Accounts receivable (net of allowance for credit losses of $4,289 and $3,031 as of June 30, 2023 and December 31, 2022, respectively) | 237,630 | 246,887 | ||
Other current assets | 71,012 | 74,917 | ||
Total current assets | 415,714 | 389,702 | ||
Property, plant and equipment | 9,528,396 | 9,365,051 | ||
Less: accumulated depreciation | (1,617,527) | (1,480,720) | ||
Net property, plant and equipment | 7,910,869 | 7,884,331 | ||
Investment in unconsolidated entities | [1] | 1,090,202 | 819,743 | |
Goodwill | 486,698 | 486,698 | ||
Net intangible assets | 554,543 | 586,952 | ||
Other assets | 268,987 | 278,159 | ||
Total assets | 10,727,013 | 10,445,585 | ||
Current liabilities: | ||||
Current portion of long-term debt | 0 | 98,830 | ||
Accounts payable | 49,496 | 60,528 | ||
Capital contributions payable to the MVP Joint Venture | 209,779 | 34,355 | ||
Accrued interest | 133,376 | 135,762 | ||
Accrued liabilities | 69,208 | 83,835 | ||
Total current liabilities | 461,859 | 413,310 | ||
Long-term liabilities: | ||||
Revolving credit facility borrowings | 570,000 | 535,000 | ||
Long-term debt | 6,340,880 | 6,335,320 | ||
Contract liability | 1,129,599 | 968,535 | ||
Regulatory and other long-term liabilities | 124,875 | 112,974 | ||
Total liabilities | 8,627,213 | 8,365,139 | ||
Mezzanine equity: | ||||
Equitrans Midstream Preferred Shares, 30,018 shares issued and outstanding as of June 30, 2023 and December 31, 2022 | 681,842 | 681,842 | ||
Shareholders' equity: | ||||
Common stock, no par value, 433,261 and 432,781 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively | 4,001,030 | 3,974,127 | ||
Retained deficit | (3,047,267) | (3,053,590) | ||
Accumulated other comprehensive loss | (1,288) | (1,332) | ||
Total common shareholders' equity | 952,475 | 919,205 | ||
Noncontrolling interest | 465,483 | 479,399 | ||
Total shareholders' equity | 1,417,958 | 1,398,604 | ||
Total liabilities, mezzanine equity and shareholders' equity | $ 10,727,013 | $ 10,445,585 | ||
|