Equitrans Midstream (ETRN) Tops Q3 EPS by 22c

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Equitrans Midstream Announces Third Quarter 2023 Results

October 31, 2023 6:30 AM EDT

CANONSBURG, Pa.--(BUSINESS WIRE)-- Equitrans Midstream Corporation (NYSE: ETRN), today, announced financial and operational results for the third quarter 2023. 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 2023 Highlights:

Reported $129.7 million of net income and $249.9 million of Adjusted EBITDA Generated $201.6 million of net cash from operating activities Recorded 71% of total operating revenue from firm reservation fees Achieved 12% transmission... More