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EQT - Equitrans Midstream Corp.: Hanging On By A Thread
EQT Corporation
In my previous article on EQM Midstream (EQM) as well as its parent company, Equitrans Midstream Corp (ETRN), I characterized it as "a company with premier assets in the Appalachian Basin, positioned for (eventual) growth."
Indeed, with the largest natural gas producer in the United States — EQT Corp. (EQT) — as its largest counterparty, ETRN/EQM operates is well-positioned for growth with its premier natural gas gathering, storage, and pipeline assets in the Marcellus and Utica shale regions. Natural gas demand is expected to expand by 60% in the