Equitrans Midstream (ETRN) Misses Q4 EPS by 3c
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ETRN Announces Full-Year and Fourth Quarter 2020 Results
February 23, 2021 6:30 AM ESTCANONSBURG, Pa.--(BUSINESS WIRE)-- Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the full-year and fourth 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.
2020 Highlights:
Generated $638 million of net income and achieved $1,215 million of adjusted EBITDA Recorded 66% of total operating revenue from firm reservation fees Increased total gathered volumes by approximately 5% year-over-year Reduced gathering operating and... More