Equitrans Midstream (ETRN) Misses Q3 EPS by 70c, Revenues Miss

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Go back to Equitrans Midstream (ETRN) Misses Q3 EPS by 70c, Revenues Miss

ETRN and EQM Announce Third Quarter 2019 Results

November 5, 2019 6:30 AM EST

PITTSBURGH--(BUSINESS WIRE)-- Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM), today, announced financial and operational results for the third quarter 2019.

Q3 2019 Highlights:

Generated 94% of transmission operating revenue from firm reservation fees Generated 52% of gathering operating revenue from firm reservation fees Delivered third quarter adjusted EBITDA at high end of Q3 guidance Achieved record gathered volume of 8.2 BBtu per day

"Almost one year ago, ETRN emerged as an independent midstream company... More