ETRN News and Press, Equitrans Midstream Corporation From 10/21/19

Quiet week in the stock market this week, which translated into a quiet week for midstream as well. The AMNA finished basically unchanged, while the MLP Index was slightly lower. AMNA’s 18% total return year to date is now a staggering 1200 bps YTD and YOY lead over the AMZ. Commodity p...

Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM) will release their third quarter earnings on Tuesday, November 5, 2019, and will also host a conference call with analysts and investors at 9:00 am (ET). A brief Q&A session for ETRN and EQM security a...

Midstream was negative across the board this week, and the MLP Index lost more ground to the other midstream indexes that include corporations. Lower oil prices, higher interest rates and general aversion to energy stocks were likely reasons for continued weakness for the sector. Reported prog...

Risk was definitively off this week across energy stocks, commodities and the broader stock market. Naturally, utilities and REITs caught a bid, and midstream did not. Within midstream, Canada held up well and helped AMNA outperform the AMZ and AMUS. Despite MLPs posting their second worst wee...

Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM) support the U.S. oil and gas industry's ongoing efforts to reduce methane emissions and; therefore, respectfully oppose the U.S. Environmental Protection Agency's (EPA) proposed rollback of methane regulat...

Midstream stocks traded up amid a strong backdrop for energy stocks and for income stocks. Oil prices spiked, then settled down, finishing up more than 5% on the week. Interest rates dropped 18 bps on the week, pushing utilities to new heights and providing a tailwind for midstream stocks. The...

Midstream stocks outpaced the S&P 500 and utilities this week in the face of falling oil prices and rising interest rates. MLPs were the best performers within midstream, benefiting from the "value rally" and also from Friday's MLP index re-balance announcement that essentially spreads aro...

It was a short, but steady week for midstream, helped by strong Canadian midstream performance that more than offset weakness from MLPs. Midstream stocks underperformed utilities and the S&P 500, both of which finished the week up 18.8% YTD on a price basis. On the macro, a sub-50 ISM numb...

The Rice Brothers sold their company to EQT Corporation ( EQT ), which made them major shareholders in the EQT Corporation. Recently a Rice Brothers -backed slate of directors won election to the board. Daniel Rice was already on the board of directors. Now Toby Rice joins the board of dire...

Right now, for yield seekers, it pays to be a stock picker. The yields in many defensive, typically higher dividend-paying sectors, as well as long duration Treasury bonds, have been driven down by fears of an economic slowdown and the specter of a looming recession. Data by YCharts This...