Equitrans Midstream Announces Second Quarter 2020 Results
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Equitrans Midstream (ETRN) Misses Q2 EPS by 15c, Revenues Miss; Raises FY20 Estimated Adj. EBITDA & Cash Flow Guidance
August 4, 2020 6:35 AM EDTEquitrans Midstream (NYSE: ETRN) reported Q2 EPS of $0.22, $0.15 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $344 million versus the consensus estimate of $352.44 million.
Q2 2020 Highlights:
Generated $344 million of net cash provided by operating activitiesAchieved $155 million of free cash flow and $88 million of retained free cash flowRecorded 72% of total operating revenue from... More