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ETRN News and Press, Equitrans Midstream Corporation From 05/04/21

Stock Information

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

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ETRN - Mountain Valley Pipeline start delayed, cost estimated raised again

Equitrans Midstream ([[ETRN]] -2.7%) says it is delaying the in-service date to summer 2022 and raising the estimated cost of the Mountain Valley Pipeline from West Virginia to Virginia to $6.2B.The 303-mile natural gas pipeline had been expected to enter service by year-end 2021 at an estima...

ETRN - Equitrans Midstream EPS misses by $0.09, revenue in-line

Equitrans Midstream (ETRN): Q1 Non-GAAP EPS of $0.19 misses by $0.09; GAAP EPS of $0.13 misses by $0.07.Revenue of $379.99M (-16.1% Y/Y) in-line.Generated $77M of net income and achieved $308M of adjusted EBITDA.Shares -1.24% PM.Press Release For further details see: Equitrans Midstream...

ETRN - Equitrans Midstream Announces First Quarter 2021 Results

Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the first quarter 2021. 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 Q1 2021 Earnings Preview

Equitrans Midstream (NYSE:ETRN) is scheduled to announce Q1 earnings results on Tuesday, May 4th, before market open.The consensus EPS Estimate is $0.28 (-39.1% Y/Y) and the consensus Revenue Estimate is $380.13M (-16.1% Y/Y).Over the last 1 year, ETRN has beaten EPS estimates 50% of the time...

ETRN - MVP extension again denied permit by North Carolina regulator

The North Carolina Department of Environmental Quality has again denied Mountain Valley Pipeline's request for a water permit for its proposed Southgate natural gas pipeline project from Virginia to North Carolina.MVP is owned by units of Equitrans Midstream ([[ETRN]] -0.5%), NextEra Energy (...

ETRN - ClearBridge Energy MLP Strategy Portfolio Manager Commentary Q1 2021

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Midstream energy continued to rally in the first quarter ...

ETRN - Small- And Mid-Cap Midstream Review

Small- and mid-capitalization midstream names are undervalued and unloved. Years of long-term debt growth have come to an end and free cash flow is set to double in 2021. The market hasn’t given any credence to retained cash flow. If these names simply distributed all t...

ETRN - Energy Transfer: Insight From Enable Midstream Disclosures

Energy Transfer rarely shares details on its longer-term outlook beyond one year. Investors got some insight into 2022 and 2023 potential numbers via Enable Midstream disclosures; the question is whether those figures are overoptimistic or not. At the very least, the Enable Midstr...

ETRN - Equitrans Midstream Corporation Supports Industry Methane Reduction Efforts

Reaffirms Opposition to the 2020 Methane Rollback Rules Equitrans Midstream Corporation (NYSE: ETRN) supports the U.S. oil and gas industry's ongoing efforts to reduce methane emissions and reaffirms its prior opposition to the U.S. Environmental Protection Agency's (EPA...

ETRN - My Dividend Portfolio: March 2021 Update - 101 Holdings, 44 Buys, 1 Sale

Stocks continued their record performance in March with virtually all sectors going up. I am continuing my monthly investment plans while awaiting a market correction or possibly a real crash once market euphoria has come down. My dividend income amounted to $467, up 22% sequentia...

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