About
About Equitrans Midstream Corp
Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. The company operates through Gathering, Transmission, and Water segments. It operates dry gas gathering systems of high-pressure gathering lines and FERC-regulated interstate pipelines and storage systems. In addition, the company operates water pipelines and other facilities that deliver fresh water from local municipal water authorities, the Monongahela River, the Ohio River, local reservoirs, and several regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.
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5 years, 4 months ago
Equitrans Midstream Corporation is currently in a long term uptrend where the price is trading 7.5% above its 200 day moving average.
From a valuation standpoint, the stock is 77.6% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.8.
Equitrans Midstream Corporation's total revenue sank by 13.8% to $367M since the same quarter in the previous year.
Its net income has increased by 149.3% to $132M since the same quarter in the previous year.
Finally, its free cash flow grew by 162.2% to $232M since the same quarter in the previous year.
Based on the above factors, Equitrans Midstream Corporation gets an overall score of 4/5.