ETRN - Equitrans Midstream Corporation: The Winning Streak Continues (ETRN)
Equitrans Midstream Corporation (NYSE:ETRN) traded today at a new 52-week high of $9.93. This new high was reached on below average trading volume as 794,000 shares traded hands, while the average 30-day volume is approximately 3.4 million shares.
Equitrans Midstream Corporation has overhead space with shares priced $9.88, or 16.3% below the average consensus analyst price target of $11.82.
Equitrans Midstream Corporation share prices have moved between a 52-week high of $9.93 and a 52-week low of $6.23 and are now trading 59% above that low price at $9.88 per share.
Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.
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