ETRN and EQM Announce First Quarter 2020 Results

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Equitrans Midstream (ETRN) Tops Q1 EPS by 12c

May 14, 2020 6:31 AM EDT

Equitrans Midstream (NYSE: ETRN) reported Q1 EPS of $0.46, $0.12 better than the analyst estimate of $0.34.

Q1 2020 Highlights:

Delivered strong first quarter 2020 financial results ahead of planRaised full-year 2020 estimated earnings and cash flow guidanceReduced full-year 2020 total capital expenditures and capital contribution forecast by $150 millionGenerated 58% of total operating revenue from firm reservation feesIncreased fresh water delivery and... More