Last 7 days
-10.4%
Last 30 days
-18.8%
Last 90 days
-22.9%
Trailing 12 Months
-20.3%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ET | 40.6B | 89.9B | -7.80% | 29.98% | 8.97 | 1.48 | 33.31% | -13.05% |
KMI | 37.2B | 19.2B | -9.84% | 0.22% | 14.6 | 1.94 | 15.59% | 42.83% |
WMB | 35.1B | 11.0B | -9.53% | -6.22% | 17.15 | 3.2 | 3.18% | 35.07% |
CQP | 28.8B | 17.2B | -15.82% | -1.16% | 20.75 | 2.2 | 82.38% | 53.25% |
OKE | 27.3B | 22.4B | -12.90% | -0.85% | 15.84 | 1.22 | 35.35% | 14.84% |
MID-CAP | ||||||||
DCP | 8.2B | 15.0B | 0.07% | 47.53% | 9.89 | 0.59 | 40.03% | 169.05% |
NFE | 6.0B | 2.4B | -28.31% | 1.19% | 30.82 | 2.53 | 79.03% | 100.28% |
ENLC | 5.0B | 9.5B | -17.92% | 24.51% | 13.71 | 0.52 | 42.72% | 1512.95% |
ETRN | 2.4B | 1.4B | -18.81% | -20.26% | -8.76 | 1.74 | 3.09% | 80.92% |
DKL | 2.3B | 1.0B | 8.06% | 34.17% | 14.33 | 2.2 | 47.87% | -3.50% |
SMALL-CAP | ||||||||
NS | 1.7B | 226.0M | -11.30% | 11.36% | 7.7 | 7.59 | 436.62% | 482.73% |
VTNR | 592.5M | 2.8B | -5.10% | -10.81% | -122.87 | 0.21 | 2311.20% | 73.74% |
RTLR | 582.1M | 404.2M | 19.84% | 54.87% | 15.22 | 1.44 | -0.37% | 17.85% |
SMLP | 202.8M | 369.6M | -3.26% | 12.60% | -1.71 | 0.51 | -7.74% | -284.00% |
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 8.7% | 1,357,747,000 | 1,249,180,000 | 1,259,503,000 | 1,279,187,000 | 1,317,037,000 |
S&GA Expenses | 3.1% | 128,472,000 | 124,594,000 | 124,806,000 | 131,279,000 | 137,056,000 |
EBITDA | 84.8% | -372,832,000 | -2,454,394,000 | -1,781,043,000 | -1,804,681,000 | - |
EBITDA Margin | 86.0% | -0.27 | -1.96 | -1.41 | -1.41 | - |
Earnings Before Taxes | 89.3% | -250,694,000 | -2,341,030,000 | -1,716,759,000 | -1,732,448,000 | -1,740,643,000 |
EBT Margin | 90.1% | -0.18 | -1.87 | -1.33 | -1.33 | - |
Interest Expenses | -2.9% | -394,333,000 | -383,086,000 | -376,102,000 | -376,627,000 | -378,650,000 |
Net Income | 86.2% | -269,342,000 | -1,956,077,000 | -1,364,439,000 | -1,388,828,000 | -1,411,820,000 |
Net Income Margin | 87.3% | -0.20 | -1.57 | -1.05 | -1.06 | - |
Free Cahsflow | -36.3% | 469,114,000 | 737,006,000 | 770,272,000 | 824,621,000 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.1% | 10,446 | 10,335 | 10,909 | 10,776 | 10,883 |
Current Assets | 17.3% | 390 | 332 | 392 | 326 | 447 |
Cash Equivalents | 41.3% | 68.00 | 48.00 | 115 | 42.00 | 135 |
Net PPE | 0.3% | 7,884 | 7,859 | 7,822 | 7,784 | 7,788 |
Goodwill | 0% | 487 | 487 | 487 | 487 | 487 |
Liabilities | 1.2% | 8,365 | 8,262 | 8,241 | 8,098 | 8,228 |
Current Liabilities | -23.6% | 413 | 541 | 300 | 208 | 368 |
LT Debt, Current | -0.1% | 99.00 | 99.00 | - | - | - |
Shareholder's Equity | 0.7% | 919 | 913 | 1,495 | 1,509 | 1,489 |
Retained Earnings | 0.0% | -3,053 | -3,054 | -2,468 | -2,449 | -2,464 |
Accumulated Depreciation | 4.8% | 1,481 | 1,412 | 1,344 | 1,278 | 1,217 |
Shares Outstanding | 0% | 433 | 433 | 433 | 433 | 433 |
Minority Interest | -0.8% | 479 | 483 | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -22.6% | 846 | 1,093 | 1,094 | 1,125 | 1,169 |
Share Based Compensation | 8.0% | 16.00 | 15.00 | 14.00 | 13.00 | 13.00 |
Cashflow From Investing | 7.6% | -567 | -614 | -632 | -644 | -572 |
Cashflow From Financing | 44.8% | -345 | -625 | -588 | -670 | -669 |
Dividend Payments | 0.0% | 260 | 260 | 260 | 260 | 259 |
Buy Backs | NaN% | 0.00 | 0.00 | - | - | - |
81.8%
72.7%
64.5%
Y-axis is the maximum loss one would have experienced if Equitrans Midstream was unfortunately bought at previous high price.
8.6%
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -3.02 | -12,077 | 77,923 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.02 | -74,438 | 635,562 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -8.8 | -4,000 | 16,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 13.06 | 46,885 | 3,720,880 | -% |
2023-02-24 | Garde Capital, Inc. | sold off | -100 | -101,000 | - | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | -50,000 | 431,000 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -95.86 | -22,136 | 864 | -% |
2023-02-21 | MACQUARIE GROUP LTD | added | 34.07 | 188,000 | 1,267,000 | -% |
2023-02-21 | NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | reduced | -35.92 | -199,652 | 268,348 | 0.01% |
2023-02-17 | Coppell Advisory Solutions Corp. | new | - | 683 | 683 | -% |
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 |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 1.67 -69.36% | 2.32 -57.43% | 2.68 -50.83% | 3.52 -35.41% | 4.20 -22.94% |
Current Inflation | 1.62 -70.28% | 2.19 -59.82% | 2.52 -53.76% | 3.24 -40.55% | 3.83 -29.72% |
Very High Inflation | 1.55 -71.56% | 2.03 -62.75% | 2.31 -57.61% | 2.90 -46.79% | 3.39 -37.80% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 15, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | DEFA14A | DEFA14A | |
Mar 02, 2023 | DEFA14A | DEFA14A | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Mar 01, 2023 | 4 | Insider Trading | |
Feb 23, 2023 | DEF 14A | DEF 14A | |
Feb 22, 2023 | 8-K | Current Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-14 | Moore Stephen M | bought | 49,810 | 5.86 | 8,500 | sr vp & general counsel |
2023-02-27 | Pietrandrea Brian P. | acquired | 179,254 | 6.20407 | 28,893 | vp and cao |
2023-02-27 | Oliver Kirk R | acquired | 717,003 | 6.20406 | 115,570 | sr vp & cfo |
2023-02-27 | KARAM THOMAS F | sold (taxes) | -92,413 | 6.11 | -15,125 | chairman and ceo |
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 | Charletta Diana M | acquired | 920,293 | 6.20219 | 148,382 | president and coo |
2023-02-27 | Charletta Diana M | sold (taxes) | -30,806 | 6.11 | -5,042 | president and coo |
2023-02-27 | Moore Stephen M | sold (taxes) | -11,908 | 6.11 | -1,949 | sr vp & general counsel |
Statements of Consolidated Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |||||
Income Statement [Abstract] | |||||||
Operating revenues | $ 1,357,747 | $ 1,317,037 | $ 1,510,825 | ||||
Operating expenses: | |||||||
Operating and maintenance | 154,667 | 153,179 | 154,109 | ||||
Selling, general and administrative | 128,472 | 137,056 | 129,969 | ||||
Transaction costs | 0 | 0 | 23,797 | ||||
Depreciation | 272,195 | 270,404 | 259,613 | ||||
Amortization of intangible assets | 64,819 | 64,819 | 63,195 | ||||
Impairments of long-lived assets and equity method investments | 0 | 56,178 | 55,581 | ||||
Total operating expenses | 620,153 | 681,636 | 686,264 | ||||
Operating income | 737,594 | 635,401 | 824,561 | ||||
Equity income | [1],[2] | 168 | 17,579 | 233,833 | |||
Impairments of equity method investment | (583,057) | (1,926,402) | 0 | ||||
Other income (expense), net | 13,871 | (47,546) | 10,427 | ||||
Loss on extinguishment of debt | (24,937) | (41,025) | (24,864) | ||||
Net interest expense | (394,333) | (378,650) | (307,380) | ||||
(Loss) income before income taxes | (250,694) | (1,740,643) | 736,577 | ||||
Income tax expense (benefit) | 6,444 | (343,353) | 103,593 | ||||
Net (loss) income | (257,138) | (1,397,290) | 632,984 | ||||
Net (loss) income attributable to Equitrans Midstream | 12,204 | 14,530 | 214,912 | ||||
Net (loss) income attributable to Equitrans Midstream | (269,342) | (1,411,820) | 418,072 | ||||
Preferred dividends | 58,512 | 58,512 | 58,760 | ||||
Net (loss) income attributable to Equitrans Midstream common shareholders | $ (327,854) | $ (1,470,332) | $ 359,312 | ||||
Earnings Per Share, Basic [Abstract] | |||||||
(Loss) earnings per share of common stock attributable to Equitrans Midstream common shareholders (in dollars per share) | $ (0.76) | $ (3.40) | $ 1.04 | ||||
Weighted average common stock outstanding (in shares) | 433,341 | 433,008 | 343,935 | ||||
Earnings Per Share, Diluted [Abstract] | |||||||
(Loss) earnings per share of common stock attributable to Equitrans Midstream common shareholders (in dollars per share) | $ (0.76) | $ (3.40) | $ 1.04 | ||||
Weighted average common stock outstanding (in shares) | 433,341 | 433,008 | 343,975 | ||||
Net (loss) income | $ (257,138) | $ (1,397,290) | $ 632,984 | ||||
Other comprehensive loss, net of tax: | |||||||
Pension and other post-retirement benefits liability adjustment, net of tax expense (benefit) of $236, $62 and $(70) | 722 | 175 | (203) | ||||
Other comprehensive income (loss) | 722 | 175 | (203) | ||||
Comprehensive (loss) income | (256,416) | (1,397,115) | 632,781 | ||||
Less: Comprehensive income attributable to noncontrolling interests | 12,204 | 14,530 | 214,912 | ||||
Less: Comprehensive income attributable to preferred dividends | 58,512 | 58,512 | 58,760 | ||||
Comprehensive (loss) income attributable to Equitrans Midstream common shareholders | $ (327,132) | $ (1,470,157) | $ 359,109 | ||||
Dividends declared per common share (in dollars per share) | $ 0.60 | $ 0.60 | $ 0.60 | ||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | ||
---|---|---|---|---|
Current assets: | ||||
Cash and cash equivalents | $ 67,898 | $ 134,661 | ||
Accounts receivable (net of allowance for credit losses of $3,031 and $2,696 as of December 31, 2022 and 2021, respectively) | 246,887 | 252,301 | ||
Other current assets | 74,917 | 59,867 | ||
Total current assets | 389,702 | 446,829 | ||
Property, plant and equipment | 9,365,051 | 9,004,602 | ||
Less: accumulated depreciation | (1,480,720) | (1,217,099) | ||
Net property, plant and equipment | 7,884,331 | 7,787,503 | ||
Investments in unconsolidated entity | [1] | 819,743 | 1,239,039 | |
Goodwill | 486,698 | 486,698 | ||
Net intangible assets | 586,952 | 651,771 | ||
Other assets | 278,159 | 270,684 | ||
Total assets | 10,445,585 | 10,882,524 | ||
Current liabilities: | ||||
Current portion of long-term debt | 98,830 | 0 | ||
Accounts payable | 60,528 | 59,627 | ||
Capital contributions payable to the MVP Joint Venture | 34,355 | 72,188 | ||
Accrued interest | 135,762 | 151,909 | ||
Accrued liabilities | 83,835 | 83,852 | ||
Total current liabilities | 413,310 | 367,576 | ||
Long-term liabilities: | ||||
Revolving credit facility borrowings | 535,000 | 505,000 | ||
Long-term debt | 6,335,320 | 6,434,945 | ||
Contract liability | 968,535 | 821,342 | ||
Regulatory and other long-term liabilities | 112,974 | 99,333 | ||
Total liabilities | 8,365,139 | 8,228,196 | ||
Mezzanine equity: | ||||
Equitrans Midstream Preferred Shares, 30,018 shares issued and outstanding as of December 31, 2022 and 2021 | 681,842 | 681,842 | ||
Shareholders' equity: | ||||
Common stock, no par value, 432,781 and 432,522 shares issued and outstanding as of December 31, 2022 and 2021, respectively | 3,974,127 | 3,955,918 | ||
Retained deficit | (3,053,590) | (2,464,573) | ||
Accumulated other comprehensive loss | (1,332) | (2,054) | ||
Total common shareholders' equity | 919,205 | 1,489,291 | ||
Noncontrolling interests | 479,399 | 483,195 | ||
Total shareholders' equity | 1,398,604 | 1,972,486 | ||
Total liabilities, mezzanine equity and shareholders' equity | $ 10,445,585 | $ 10,882,524 | ||
|