ETRN News and Press, Equitrans Midstream Corporation From 12/16/19

Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM) today announced 2020 financial and capital expenditure guidance. EQM Financial Forecast : The Non-GAAP Disclosures section of this news release includes important disclosures regarding the non-G...

Midstream and MLPs ripped this week, continuing the rebound that began in the middle of last week. A benign broad market backdrop allowed midstream stocks and MLPs to rally on their own merits this week. The MLP Index returned to positive territory YTD and picked up some ground on the broader ...

MLP (and C-Corp.) midstream companies (for simplicity, will refer to them broadly as MLPs) have vastly underperformed the market, decoupled from oil price, and even after a series of restructuring and cleaning up of balance sheet, the index trades at a distribution yield of 10%. Even some of t...

Monday was positive for midstream, capping a rare 3-day run of positive performance. But apathy returned, as Midstream and MLPs traded down the rest of the holiday-shortened week. MLPs once again were the laggards, and the MLP Index has now been negative for 10 straight weeks, and is down 18.5...

Gainers: CCXI   +305.7% . IFRX   +24.1% . NTNX   +19.2% . AMBA   +6.6% . ETRN   +3.8% . More news on: ChemoCentryx, Inc., InflaRx N.V., Nutanix, Inc., Stocks on the move, Read more ...

Midstream was almost positive week over week, but had to settle for two days of positive performance in a row. The MLP Index nearly recovered from Monday's 2.2% decline, its worst day since mid-August, with a 2.2% gain Thursday, its best day since late August. MLPs have now been negative for a...

Without reiterating the entire intro from Part 1 , I will start off Part 2 by repeating only the last paragraph of the intro from Part 1 . Key Takeaways From Q3’19 Energy Earnings (Part 1) Times like this often leads to paralysis for investors but there are some secular shifts...

Midstream stocks were mixed across categories, with Canadian midstream outperformance offset by MLP weakness, but overall finished positive for the week, helped by broad market strength and income stock strength. Performance divergence among midstream categories has gapped out, and appears to ...

Equitrans Midstream Corporation (NYSE: ETRN) (Company) today announced that David L. Porges will be stepping down from the Company’s Board of Directors, effective December 31, 2019. Upon the launch of Equitrans Midstream as an independent company in November 2018, Mr. Porges was appoin...

In the past week or so, I noticed a distinct shift in the performance of the various stock sectors. Quite simply, the market is backing off of defensive sectors such as real estate, utilities, telecommunications, and consumer staples, while momentum has picked up with the cyclical sectors su...