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NYSE:ETRN

Equitrans Midstream (ETRN) Stock Price, News & Analysis

Equitrans Midstream logo

About Equitrans Midstream Stock (NYSE:ETRN)

Key Stats

Today's Range
$12.42
$12.42
50-Day Range
$12.35
$13.77
52-Week Range
$8.57
$14.64
Volume
N/A
Average Volume
7.47 million shs
Market Capitalization
$5.43 billion
P/E Ratio
13.80
Dividend Yield
4.83%
Price Target
$13.50
Consensus Rating
Hold

Company Overview

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.

Equitrans Midstream Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
31st Percentile Overall Score

ETRN MarketRank™: 

Equitrans Midstream scored higher than 31% of companies evaluated by MarketBeat, and ranked 201st out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Equitrans Midstream has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Equitrans Midstream has received no research coverage in the past 90 days.

  • Read more about Equitrans Midstream's stock forecast and price target.
  • Earnings Growth

    Earnings for Equitrans Midstream are expected to grow by 38.67% in the coming year, from $0.75 to $1.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Equitrans Midstream is 13.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Equitrans Midstream is 13.80, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.15.

  • Price to Earnings Growth Ratio

    Equitrans Midstream has a PEG Ratio of 11.19. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Equitrans Midstream has a P/B Ratio of 3.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for ETRN.
  • Dividend Leadership

    Equitrans Midstream is a leading dividend payer. It pays a dividend yield of 4.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Equitrans Midstream does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Equitrans Midstream is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Equitrans Midstream will have a dividend payout ratio of 57.69% next year. This indicates that Equitrans Midstream will be able to sustain or increase its dividend.

  • Read more about Equitrans Midstream's dividend.
  • Short Interest

    There is no current short interest data available for ETRN.
  • Search Interest

    1 people have searched for ETRN on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Equitrans Midstream insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.74% of the stock of Equitrans Midstream is held by insiders.

  • Percentage Held by Institutions

    87.35% of the stock of Equitrans Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Equitrans Midstream's insider trading history.
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ETRN Stock News Headlines

2024 Midstream M&A Recap: Permian & Gas In Focus
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
See More Headlines

ETRN Stock Analysis - Frequently Asked Questions

Equitrans Midstream Co. (NYSE:ETRN) announced its quarterly earnings data on Tuesday, April, 30th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. Equitrans Midstream's quarterly revenue was down 3.2% compared to the same quarter last year.

Top institutional investors of Equitrans Midstream include Blue Trust Inc., Point72 Asset Management L.P., Walleye Trading LLC and DRW Securities LLC. Insiders that own company stock include Kirk R Oliver and Vicky A Bailey.
View institutional ownership trends
.

Based on aggregate information from My MarketBeat watchlists, some other companies that Equitrans Midstream investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Energy Transfer (ET), Exxon Mobil (XOM), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
4/30/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
Utilities
Fax
N/A
Employees
770
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.50
High Stock Price Target
$17.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$445.23 million
Pretax Margin
33.64%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Cash Flow
$1.85 per share
Book Value
$3.48 per share

Miscellaneous

Free Float
430,452,000
Market Cap
$5.43 billion
Optionable
Optionable
Beta
2.01
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This page (NYSE:ETRN) was last updated on 12/21/2024 by MarketBeat.com Staff
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