Equitrans Midstream (ETRN) Tops Q1 EPS by 12c

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ETRN and EQM Announce First Quarter 2020 Results

May 14, 2020 6:30 AM EDT

CANONSBURG, Pa.--(BUSINESS WIRE)-- Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM), today, announced financial and operational results for the first quarter 2020.

Q1 2020 Highlights:

Delivered strong first quarter 2020 financial results ahead of plan Raised full-year 2020 estimated earnings and cash flow guidance Reduced full-year 2020 total capital expenditures and capital contribution forecast by $150 million Generated 58% of total operating revenue from firm reservation fees Increased fresh water delivery and achieved water EBITDA above... More