Equitrans Midstream (ETRN) Misses Q3 EPS by 1c

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Equitrans Midstream Announces Third Quarter 2020 Results

November 3, 2020 6:30 AM EST

CANONSBURG, Pa.--(BUSINESS WIRE)-- Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the third quarter 2020. Included in the "Non-GAAP Disclosures" section of this news release are important disclosures regarding the use of non-GAAP supplemental financial measures, including information regarding their most comparable GAAP financial measure.

Q3 2020 Highlights:

Delivered third quarter 2020 results ahead of guidance Generated $168 million of net income and achieved $282 million of adjusted EBITDA Recorded 68% of total operating revenue from firm reservation fees Raised full-year 2020 adjusted... More