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Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
66,000% upside on tiny biotech? (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
66,000% upside on tiny biotech? (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
66,000% upside on tiny biotech? (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Chuck Todd leaving NBC political panel show 'Meet the Press' and being replaced by Kristen Welker

Equitrans Midstream (ETRN) Stock Forecast, Price & News

$9.08
+0.24 (+2.71%)
(As of 06/2/2023 ET)
Compare
Today's Range
$8.73
$9.23
50-Day Range
$4.74
$9.08
52-Week Range
$4.60
$9.90
Volume
18.68 million shs
Average Volume
8.62 million shs
Market Capitalization
$3.93 billion
P/E Ratio
N/A
Dividend Yield
6.61%
Price Target
$7.63

Equitrans Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.0% Downside
$7.63 Price Target
Short Interest
Healthy
3.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-8.80
Upright™ Environmental Score
News Sentiment
0.17mentions of Equitrans Midstream in the last 14 days
Based on 42 Articles This Week
Insider Trading
Acquiring Shares
$49,140 Bought Last Quarter
Proj. Earnings Growth
33.33%
From $0.51 to $0.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Oils/Energy Sector

112th out of 248 stocks

Natural Gas Transmission Industry

9th out of 18 stocks


ETRN stock logo

About Equitrans Midstream (NYSE:ETRN) Stock

Equitrans Midstream Corp. engages in the provision of midstream services. It operates through the following segments: Gathering, Transmission, and Water. The Gathering segment includes EQM's high-pressure gathering lines and FERC-regulated low-pressure gathering lines. The Transmission segment refers to the EQM's FERC-regulated interstate pipelines and storage system. The Water segment consists of EQM's water pipelines, impoundment facilities, pumping stations, take point facilities, and measurement facilities. The company was founded on February 21, 2018 and is headquartered in Canonsburg, PA.

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ETRN Stock News Headlines

Equitrans Midstream Surges 40% On Debt Ceiling Deal
Natural gas pipeline operator Equitrans Midstream surges 40% as the Mountain Valley Pipeline project's completion looks promising with the debt ceiling deal.
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Equitrans Midstream (NYSE:ETRN) Stock Price Up 3.8%
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Positive Report for Equitrans Midstream (ETRN) from Wolfe Research
McCarthy Defends Debt Deal as It Heads to a Vote
What To Know About RBC Capital's Upgrade of Equitrans Midstream
See More Headlines

ETRN Price History

ETRN Company Calendar

Last Earnings
5/02/2023
Ex-Dividend for 5/15 Dividend
5/04/2023
Dividend Payable
5/15/2023
Today
6/04/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Fax
N/A
Employees
766
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.63
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
-16.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

Net Income
$-269,340,000.00
Pretax Margin
-18.17%

Debt

Sales & Book Value

Annual Sales
$1.36 billion
Cash Flow
$1.37 per share
Book Value
$3.28 per share

Miscellaneous

Free Float
430,930,000
Market Cap
$3.93 billion
Optionable
Optionable
Beta
1.92

Key Executives

  • Tom Karam
    Chairman & Chief Executive Officer
  • Diana M. Charletta
    President, Chief Operating Officer & Director
  • Kirk R. Oliver
    Chief Financial Officer & Senior Vice President
  • Carmine Fantini
    Vice President-Information Technology
  • Stephen M. Moore
    Senior Vice President & General Counsel













ETRN Stock - Frequently Asked Questions

Should I buy or sell Equitrans Midstream stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ETRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ETRN, but not buy additional shares or sell existing shares.
View ETRN analyst ratings
or view top-rated stocks.

What is Equitrans Midstream's stock price forecast for 2023?

10 Wall Street analysts have issued 1-year price objectives for Equitrans Midstream's stock. Their ETRN share price forecasts range from $6.00 to $11.00. On average, they anticipate the company's share price to reach $7.63 in the next year. This suggests that the stock has a possible downside of 16.0%.
View analysts price targets for ETRN
or view top-rated stocks among Wall Street analysts.

How have ETRN shares performed in 2023?

Equitrans Midstream's stock was trading at $6.70 at the beginning of 2023. Since then, ETRN stock has increased by 35.5% and is now trading at $9.08.
View the best growth stocks for 2023 here
.

Are investors shorting Equitrans Midstream?

Equitrans Midstream saw a drop in short interest in May. As of May 15th, there was short interest totaling 16,570,000 shares, a drop of 5.3% from the April 30th total of 17,500,000 shares. Based on an average daily trading volume, of 6,160,000 shares, the short-interest ratio is presently 2.7 days. Approximately 3.9% of the shares of the stock are short sold.
View Equitrans Midstream's Short Interest
.

When is Equitrans Midstream's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our ETRN earnings forecast
.

How were Equitrans Midstream's earnings last quarter?

Equitrans Midstream Co. (NYSE:ETRN) announced its quarterly earnings results on Tuesday, May, 2nd. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. The company had revenue of $376.30 million for the quarter, compared to the consensus estimate of $360.73 million. Equitrans Midstream had a negative net margin of 18.27% and a positive trailing twelve-month return on equity of 18.92%. The firm's revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS.

How often does Equitrans Midstream pay dividends? What is the dividend yield for Equitrans Midstream?

Equitrans Midstream announced a quarterly dividend on Tuesday, April 25th. Stockholders of record on Friday, May 5th will be paid a dividend of $0.15 per share on Monday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 6.61%. The ex-dividend date is Thursday, May 4th.
Read our dividend analysis for ETRN
.

Is Equitrans Midstream a good dividend stock?

Equitrans Midstream (NYSE:ETRN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 6.61%. ETRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ETRN.

What is Equitrans Midstream's stock symbol?

Equitrans Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "ETRN."

Who are Equitrans Midstream's major shareholders?

Equitrans Midstream's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.15%), Zimmer Partners LP (5.14%), State Street Corp (3.51%), Price T Rowe Associates Inc. MD (3.07%), Brookfield Corp ON (2.99%) and Geode Capital Management LLC (1.86%). Insiders that own company stock include Kirk R Oliver and Vicky A Bailey.
View institutional ownership trends
.

How do I buy shares of Equitrans Midstream?

Shares of ETRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Equitrans Midstream's stock price today?

One share of ETRN stock can currently be purchased for approximately $9.08.

How much money does Equitrans Midstream make?

Equitrans Midstream (NYSE:ETRN) has a market capitalization of $3.93 billion and generates $1.36 billion in revenue each year. The company earns $-269,340,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis.

How many employees does Equitrans Midstream have?

The company employs 766 workers across the globe.

How can I contact Equitrans Midstream?

Equitrans Midstream's mailing address is 2200 ENERGY DRIVE, CANONSBURG PA, 15317. The official website for the company is www.equitransmidstream.com. The company can be reached via phone at (724) 271-7600 or via email at ntetlow@equitransmidstream.com.

This page (NYSE:ETRN) was last updated on 6/4/2023 by MarketBeat.com Staff

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