ETRN News and Press, Equitrans Midstream Corporation From 10/14/22

Summary Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. US inflation is softening in July but continues to...

Equitrans Midstream ( NYSE: ETRN ) -4.7% to a two-month low in Wednesday's trading after Senator Joe Manchin pulled his energy permitting legislation after failing to win enough support, raising questions about the path forward for the company's Mountain Valley Pipeline ...

Equitrans Midstream ( NYSE: ETRN ) -4.1% post-market on Tuesday after Senator Joe Manchin said he asked Senate Majority Leader Chuck Schumer to remove his energy permitting legislation from a stop-gap government funding bill because it would not have received enough vote...

Senator Joe Manchin said Tuesday he will release tomorrow the complete details of his plan to streamline the energy permitting process , as he blamed "revenge politics" for opposition to his proposal from Republicans and liberal Democrats. Manchin said the plan contains specific...

Summary Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. US inflation is softening in July but continues to...

Summary Equitrans Midstream Corp.: Top tier development asset with the Mountain View Pipeline (MVP) finally gaining support in the Senate after years of delays. MVP start-up will cause cash flow and dividend to surge, already at 6.31% forward dividend yield. 8 Bcf/d in gatheri...

Summary Energy is the best-performing S&P sector this year. While stocks have rallied, they still discount much lower pricing. Inventories remain in check. Capacity increasing in pockets but not in others. Sector now returning abundant cash to shareholders. I...

Equitrans Midstream ( NYSE: ETRN ) +2.1% in Wednesday's trading as the Federal Energy Regulatory Commission grants an additional four years for the Mountain Valley Pipeline to secure new federal permits and complete the project. Equitrans ( ETRN ) and its partner...

Equitrans Midstream Corp (ETRN) is a new long position for Steel City Capital. ETRN stock has been a poor performer since its separation due to missed financial targets and increasing debt-levels. Given our purchase price, I think it’s highly unlikely that we end up losing ...

Steel City Capital Investments, LLC is a registered investment advisor that provides investment management services to a long-biased investment fund and separately managed accounts. We adhere to a value-oriented investment in our pursuit of generating long-term growth of capital for inves...