Equitrans Midstream (ETRN) Misses Q4 EPS by 3c, Revenues Beats

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Equitrans Midstream Announces Full-Year and Fourth Quarter 2022 Results

February 21, 2023 6:30 AM EST

CANONSBURG, Pa.--(BUSINESS WIRE)-- Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the full-year and fourth 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.

2022 Highlights:

Generated $846 million of net cash from operating activities and $380 million of free cash flow Recorded 71% of total operating revenue from firm reservation fees Initiated a mixed-use water system build out and... More