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ETRN News and Press, Equitrans Midstream Corporation From 11/03/20

Stock Information

Company Name: Equitrans Midstream Corporation
Stock Symbol: ETRN
Market: NYSE
Website: equitransmidstream.com

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ETRN - Equitrans Midstream EPS misses by $0.02, misses on revenue

Equitrans Midstream (ETRN): Q3 Non-GAAP EPS of $0.31 misses by $0.02; GAAP EPS of $0.35 beats by $0.04.Revenue of $350M (-14.3% Y/Y) misses by $16.97M.Raised full-year 2020 adjusted EBITDA and free cash flow guidance to $1,200M - $1,220M, and $320M - $340M, respectively.Press Release F...

ETRN - Equitrans Midstream Announces Third Quarter 2020 Results

Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the third quarter 2020. Included in the "Non-GAAP Disclosures" section of this news release are important disclosures regarding the use of non-GAAP supplemental financial measures, inclu...

ETRN - Equitrans Midstream Q3 2020 Earnings Preview

Equitrans Midstream (NYSE:ETRN) is scheduled to announce Q3 earnings results on Tuesday, November 3rd, before market open.The consensus EPS Estimate is $0.33 and the consensus Revenue Estimate is $366.97M (-10.2% Y/Y).Over the last 3 months, EPS estimates have seen 1 upward revision and 0 dow...

ETRN - Notable earnings before Tuesday's open

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ETRN - Pain Distributed Across Markets, Midstream

Midstream and MLPs returned to earth this week, following lower oil prices and the market lower. Solid earnings reports from some of the larger names weren't enough to offset macro headwinds and ET's large distribution cut. There were a few positive MLPs this week, none of which a...

ETRN - EQT: Execution Takes Center Stage

Buy low and sell high is seldom executed by any management. EQT bid successfully on Chevron assets formerly worth billions before impairment to pay a fraction of that previous value. Chevron has the balance sheet and the ability to delay this sale to better times. This sale by Che...

ETRN - Midstream Flattens Friday

Midstream and MLPs looked to be coasting to a third straight week of solid gains, but a sharp selloff across energy stocks Friday erased the gains for the week. Earnings season for midstream kicks off this week with KMI on Wednesday. MLPs were very mixed this week. Six distrib...

ETRN - Equitrans Midstream Announces Quarterly Dividends

Equitrans Midstream Corporation (NYSE: ETRN) declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the third quarter 2020. The dividends will be paid on November 13, 2020, to the applicable ETRN shareholde...

ETRN - Equitrans Midstream Q3 2020 Earnings and Conference Call

Equitrans Midstream Corporation (NYSE: ETRN) will release its third quarter 2020 earnings on Tuesday, November 3, 2020, and will also host a conference call with analysts and investors at 10:30 am (ET). A brief Q&A session for ETRN security analysts will immediately follow the resul...

ETRN - Midstream Unchained, MLP Eruption

MLPs followed up last week's modest bounce with a huge week in a risk-on surge for equity markets, commodity markets and everything else this week. MLPs led the way for a second straight week, beating the AMNA by nearly 300 basis points. Oil prices, natural gas prices, and the sto...

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