Equitrans Midstream (ETRN) Tops Q4 EPS by 16c
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Equitrans Midstream Announces Full-Year and Fourth Quarter 2023 Results
February 20, 2024 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 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.
2023 Highlights:
Reported $454.8 million of net income and $1.1 billion of Adjusted EBITDA Generated $1.0 billion of net cash from operating activities Recorded ~70% of total operating revenue from firm reservation fees Achieved ~8% transmission pipeline throughput growth versus... More