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ETRN - Equitrans to simplify structure gets 15-year gas gathering deal with EQT
Equitrans Midstream Corporation
Equitrans Midstream (NYSE:ETRN) +6.6% pre-market and EQM Midstream Partners (NYSE:EQM) +2.2% after announcing several transformative actions, including a new 15-year gathering agreement with EQT Corp. (NYSE:EQT), ETRN's proposed acquisition of EQM, the purchase of 25.3M ETRN shares from EQT, and a new dividend and capital allocation policy.
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