Equitrans Midstream (ETRN) Tops Q1 EPS by 1c

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Go back to Equitrans Midstream (ETRN) Tops Q1 EPS by 1c

Equitrans Midstream Announces First Quarter 2022 Results

May 3, 2022 6:30 AM EDT

CANONSBURG, Pa.--(BUSINESS WIRE)-- Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the first quarter 2022. 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.

Q1 2022 Highlights:

Generated $105 million of net income and achieved $277 million of adjusted EBITDA Recorded 71% of total operating revenue from firm reservation fees

"As highlighted by our first quarter results, our base business... More