Equitrans Midstream Corporation(ETRN) Stock Research - Grey Stern Research

Equitrans Midstream Corporation (ETRN) Stock Analysis

$12.42 (0.57%)

ETRN Financial Performance


Use the table below to view Equitrans Midstream Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $12.42 -
52 Week Low $8.57 -
52 Week High $14.64 -
Market Cap $5.4 Billion 9/13
Gross Margin 87% 5/13
Profit Margin 14% 6/13
EBITDA margin 49% 5/13
Q2 - 2024 Revenue $361.6 Million 12/13
Q2 - 2024 Earnings $49.9 Million 10/13
Q2 - 2024 Free Cash Flow $172.0 Million 7/13
Trailing 4 Quarters Revenue $1.4 Billion 12/13
Trailing 4 Quarters Earnings $435.2 Million 8/13
Quarterly Earnings Growth -26% 9/13
Annual Earnings Growth 17% 9/13
Quarterly Revenue Growth 14% 1/13
Annual Revenue Growth -2% 10/13
Cash On Hand $141.9 Million 5/13
Short Term Debt $300.0 Million 7/13
Long Term Debt $6.6 Billion 6/13

Equitrans Midstream Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Equitrans Midstream Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 12.47 9/13
PS 3.81 6/13
PB 2.46 8/13
PC 38.25 9/13
Liabilities to Equity 9.36 1/13
ROA 0.04 8/13
ROE 0.41 4/13
Current Ratio 1.22 11/13
Quick Ratio 0.01 6/13
Long Term Debt to Equity 6.27 2/13
Debt to Equity 6.55 2/13
Burn Rate 0.49 5/13
Cash to Cap 0.03 5/13
CCR 3.45 2/13
EV to EBITDA 69.27 3/13
EV to Revenue 8.58 1/13

Company Details

Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. It operates through three segments: Gathering System, Transmission and Storage System, and Water Service System. The Gathering System segment include 1,130 miles of high-pressure gathering lines with compression of approximately 485,000 horsepower and multiple interconnect points; and approximately 910 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines. The Transmission and Storage System segment comprises 950 miles of FERC regulated interstate pipeline that connects to seven interstate pipelines and local distribution companies. The Water Service System segment include two independent systems comprised approximately 200 miles of pipeline that deliver fresh water from the Monongahela River, the Ohio River, local reservoirs, and various regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.

CEO: Mr. Thomas Karam

Website: https://www.equitransmidstream.com

Address: 625 Liberty Avenue, Suite 2000 Pittsburgh, PENNSYLVANIA

Exchange: New York Stock Exchange

Industry: Oil & Gas Midstream

Equitrans Midstream Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Equitrans Midstream Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Plains All American Pipeline, L.P. PAA $13.6 Billion
Plains GP Holdings, L.P. PAGP $4.1 Billion
EnLink Midstream, LLC ENLC $6.9 Billion
MPLX LP MPLX $51.1 Billion
Magellan Midstream Partners, L.P. MMP $13.9 Billion
Targa Resources Corp. TRGP $44.8 Billion
Western Midstream Partners, LP WES $15.7 Billion
DCP Midstream, LP DCP $8.7 Billion
NuStar Energy L.P. NS $2.8 Billion
Holly Energy Partners, L.P. HEP $2.6 Billion
Crestwood Equity Partners LP CEQP $3.0 Billion
Hess Midstream LP HESM $8.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
ETRN Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 361.6 Million $49.9 Million
Q1 2024 $ 364.3 Million $109.0 Million
Q4 2023 $ 360.6 Million $148.9 Million
Q3 2023 $ 338.5 Million $127.4 Million
Q2 2023 $ 318.5 Million $67.2 Million
Q1 2023 $ 376.3 Million $101.7 Million
Q4 2022 $ 355.2 Million $80.6 Million
Q3 2022 $ 331.8 Million -$503.6 Million

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ETRN Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $141.9 Million $12.1 Billion $6.9 Billion $1.5 Billion
Q1 2024 $51.3 Million $11.8 Billion $7.8 Billion $2.2 Billion
Q4 2023 $258.9 Million $11.7 Billion $7.6 Billion $2.2 Billion
Q3 2023 $180.6 Million $11.0 Billion $6.3 Billion $1.5 Billion
Q2 2023 $107.1 Million $10.7 Billion $6.9 Billion $1.6 Billion
Q1 2023 $52.5 Million $10.4 Billion $6.9 Billion $1.6 Billion
Q4 2022 $67.9 Million $10.4 Billion $7.0 Billion $1.6 Billion
Q3 2022 $48.1 Million $10.4 Billion $6.4 Billion $2.1 Billion

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ETRN Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $172.0 Million -$87.1 Million $90.6 Million
Q1 2024 $92.5 Million -$84.9 Million -$207.6 Million
Q4 2023 $184.2 Million -$107.1 Million $78.3 Million
Q3 2023 $94.1 Million -$107.5 Million $73.5 Million
Q2 2023 $202.3 Million -$96.3 Million $54.6 Million
Q1 2023 $149.1 Million -$75.6 Million -$15.4 Million
Q4 2022 -$597,000 -$99.8 Million $19.8 Million
Q3 2022 $95.9 Million -$113.7 Million -$66.5 Million

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