Equitrans Midstream Corporation ETRN
12.42 0.00 (+0.00%)
At closeJul 19, 2024, 4:06 PM EDT
12.23 Day range 12.57
52-week range unavailable
- Market cap
- 5.43B
- Revenue (ttm)
- 1.42B
- Profit margin
- 31.98%
- Shares out
- 436.94M
- Forward P/E
- 13.07
- Dividend
- 0.60 (4.83%)
- Ex-dividend date
- May 5, 2024
- Volume
- 194.20M
- Open
- 12.36
- Previous close
- 12.42
- Day's range
- 12.23 – 12.57
- Beta
- 2.02
- Analysts
- Hold
- Price target
- 13.63 (+9.7%)
- Earnings date
- Aug 6, 2024
2Y +5.12 (+70.14%)
Key statistics
- Enterprise value
- 14.33B
- PEG ratio
- 2.12
- Price / sales
- 3.81
- Price / book
- 5.10
- Dividend yield
- 4.83%
- Payout ratio
- 66.67%
- Revenue growth
- 13.50%
- Free cash flow
- 53.32M
- Total cash
- 141.88M
- Total debt
- 7.93B
- Return on equity
- 21.54%
- Short % of float
- 3.35%
- 50-day average
- 13.49
- 200-day average
- 11.40
Analyst view
Consensus: hold
Hold
Price target (mean) 13.63 +9.7% upside
Now 12.42
- Target (low)
- 11.16
- Target (mean)
- 13.63
- Target (high)
- 17.00
Ratings (0m) 7 4 buy · 3 hold · 0 sell
- Strong buy3
- Buy1
- Hold3
- Sell0
- Strong sell0
Next earnings
Aug 6, 2024
Expected Aug 6, 2024. Consensus EPS estimate 0.23.
Financials — quick view
ETRN Revenue — quarterly 361.60M
ETRN Net income — quarterly 70.39M
ETRN EPS — quarterly 0.11
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Aug 6, 2024 | Jun 1, 2024 | 0.11 | — | — | — |
| Apr 30, 2024 | Mar 1, 2024 | 0.20 | — | — | — |
| Feb 20, 2024 | Dec 1, 2023 | 0.18 | — | — | — |
| Oct 31, 2023 | Sep 1, 2023 | 0.16 | — | — | — |
| Aug 1, 2023 | Jun 1, 2023 | 0.08 | — | — | — |
| May 2, 2023 | Mar 1, 2023 | 0.14 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 2, 2023 | Pickering Energy Partners | init | — | Underperform |
| Aug 7, 2023 | RBC Capital | reit | Outperform | Outperform |
| Jul 27, 2023 | RBC Capital | main | Outperform | Outperform |
| Jul 17, 2023 | Morgan Stanley | reit | Overweight | Overweight |
| Jul 10, 2023 | Citigroup | reit | Neutral | Neutral |
| Jul 10, 2023 | Morgan Stanley | reit | Overweight | Overweight |
About Equitrans Midstream Corporation
Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. The company operates through Gathering, Transmission, and Water segments. It operates dry gas gathering systems of high-pressure gathering lines and FERC-regulated interstate pipelines and storage systems. In addition, the company operates 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.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- equitransmidstream.com
News
Tortoise Announces Constituent Changes Due to Corporate Action 
Abercrombie & Fitch Set to Join S&P MidCap 400; Gates Industrial to Join S&P SmallCap 600 
Equitrans and EQT Announce Deadline for Equitrans Preferred Stock Election 
2 Energy Stocks Likely to Benefit From MVP's Operational Launch 
Mountain Valley Pipeline Begins Operations 
FERC OK's Mountain Valley Pipeline: A Brief on the Project 
EQUITRANS MIDSTREAM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Equitrans Midstream Corporation - ETRN 
EQT: Cementing Position As Low-Cost Gas Producer (Raising Target Price) 
Equitrans Midstream Announces First Quarter 2024 Results 
Will Equitrans Midstream (ETRN) Beat Estimates Again in Its Next Earnings Report?
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BAILEY VICKY A | Director | Sale | Mar 23, 2023 | 0 |
| CHARLETTA DIANA M | Chief Executive Officer | Stock Award(Grant) | Jul 21, 2024 | 0 |
| KARAM THOMAS F | Officer and Director | Stock Award(Grant) | Jul 21, 2024 | 0 |
| LELAND D MARK | Director | Stock Gift | Jan 3, 2021 | 0 |
| MACKEN JUSTIN S | Officer | Stock Award(Grant) | Jul 21, 2024 | 0 |
| MOORE STEPHEN M | Officer | Stock Award(Grant) | Jul 21, 2024 | 0 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 12.34% | 53,472,176 | 511.19M | Jun 29, 2023 |
| Vanguard Group Inc | 10.49% | 45,465,856 | 434.65M | Jun 29, 2023 |
| Capital International Investors | 9.77% | 42,325,135 | 404.63M | Jun 29, 2023 |
| State Street Corporation | 3.48% | 15,082,612 | 144.19M | Jun 29, 2023 |
| Brookfield Corp /ON/ | 2.94% | 12,733,358 | 121.73M | Jun 29, 2023 |
| Zimmer Partners, Lp | 2.59% | 11,200,000 | 107.07M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Capital Income Builder, Inc. | 4.36% | 18,872,981 | 195.71M | Jul 30, 2023 |
| iShares Core S&P Midcap ETF | 3.13% | 13,550,342 | 126.97M | Sep 29, 2023 |
| Vanguard Total Stock Market Index Fund | 3.01% | 13,030,815 | 124.57M | Jun 29, 2023 |
| Fundamental Investors Inc | 2.82% | 12,205,288 | 116.68M | Jun 29, 2023 |
| Vanguard Small-Cap Index Fund | 2.45% | 10,625,038 | 101.58M | Jun 29, 2023 |
| iShares Russell 2000 ETF | 2.30% | 9,955,277 | 95.57M | Aug 30, 2023 |