Equitrans Midstream (ETRN) Stock Price
Equitrans Midstream Price
Revenue has compounded at 10.4% per year over the past 8 years to 1.39 B USD. Earnings per share have grown at 21.9% per year over the last 7 years. Equitrans Midstream's net margin stands at 31.9%, up from -4.0% several years earlier. Equitrans Midstream currently offers a dividend yield of about 4.83%. The payout ratio is around 59% of earnings. Analysts set a median price target of 13.26 USD, implying 6.8% above the current price. Of 14 analysts, 8 rate the stock a buy — an overall Buy consensus.
Equitrans Midstream stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Equitrans Midstream over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Equitrans Midstream stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Equitrans Midstream's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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Equitrans Midstream Revenue, EBIT, Net Income
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Equitrans Midstream Income Statement, Balance Sheet, Cash Flow Statement
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| EBITB USD |
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | 2028e |
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| 0.63 | 0.73 | 0.90 | 1.50 | 1.63 | 1.51 | 1.32 | 1.36 | 1.39 | 1.47 | 1.58 | 1.62 | 1.68 | 1.89 |
| – | 15.82 | 22.27 | 67.04 | 9.03 | -7.36 | -12.78 | 3.04 | 2.65 | 5.74 | 7.06 | 2.41 | 3.78 | 12.89 |
| 92.25 | 91.39 | 88.60 | 85.42 | 82.76 | 78.68 | 74.49 | 75.17 | 75.31 | 75.31 | 75.31 | 75.31 | 75.31 | 75.31 |
| 0.58 | 0.67 | 0.79 | 1.28 | 1.35 | 1.19 | 0.98 | 1.02 | 1.05 | 1.11 | 1.19 | 1.22 | 1.26 | 1.42 |
| 0.45 | 0.52 | 0.54 | 0.64 | 0.96 | 0.82 | 0.36 | 0.41 | 0.68 | 0.83 | 0.75 | 0.75 | 1.19 | 1.32 |
| 71.04 | 71.58 | 60.67 | 43.01 | 58.65 | 54.57 | 26.96 | 30.51 | 49.10 | 56.08 | 47.81 | 46.50 | 70.70 | 69.87 |
| 0.17 | 0.07 | -0.03 | 0.22 | -0.06 | 0.64 | -1.37 | -0.26 | 0.45 | 0.30 | 0.41 | 0.36 | 0.51 | 0.64 |
| – | -62.64 | -141.54 | -907.41 | -129.36 | -1,096.88 | -313.95 | -81.17 | -273.15 | -33.71 | 40.00 | -12.59 | 42.38 | 25.10 |
| – | – | – | – | – | – | – | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | – | – |
| 436.00 | 255.00 | 254.00 | 255.00 | 255.00 | 344.00 | 433.00 | 433.00 | 436.00 | 436.00 | 436.00 | 436.00 | 436.00 | 436.00 |
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Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Equitrans Midstream generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Equitrans Midstream retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Equitrans Midstream's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Equitrans Midstream has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Equitrans Midstream's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Equitrans Midstream stock margins
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Equitrans Midstream Stock Revenue, EBIT, Earnings per Share
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Equitrans Midstream business model & stock analysis
Equitrans Midstream SWOT Analysis
Strengths
Equitrans Midstream Corp is a recognized leader in the midstream infrastructure sector.
The company benefits from a strong portfolio of assets, including a vast network of pipelines and gathering systems.
Equitrans Midstream Corp has established long-term contracts with key customers, ensuring a stable revenue stream.
Weaknesses
The company is exposed to the risks associated with fluctuations in energy prices, which could impact its financial performance.
Equitrans Midstream Corp relies heavily on third-party customers for its services, making it vulnerable to shifts in market demand.
The company's dependency on regulatory approvals for new projects could lead to delays and additional costs.
Opportunities
Equitrans Midstream Corp can capitalize on the growing demand for natural gas and oil transportation, storage, and processing services.
Expansion into new geographies or acquisition of complementary assets could enhance the company's market presence and profitability.
Development of renewable energy infrastructure presents an opportunity for Equitrans Midstream Corp to diversify its business and reduce environmental impact.
Threats
The midstream industry is highly competitive, which could impact Equitrans Midstream Corp's market share and profitability.
Changes in government regulations or policies related to energy production and transportation may pose challenges for the company.
Volatility in commodity prices and global economic conditions could affect demand for Equitrans Midstream Corp's services.
Equitrans Midstream Employees
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Equitrans Midstream Segments
Equitrans Midstream Revenue by Segment (1/5)
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Equitrans Midstream Revenue by Segment (2/5)
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Equitrans Midstream Revenue by Segment (3/5)
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Equitrans Midstream Revenue by Segment (4/5)
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Equitrans Midstream Revenue by Segment (5/5)
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Equitrans Midstream Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Equitrans Midstream historical P/E ratio, EBIT multiple, and P/S ratio
Equitrans Midstream annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Equitrans Midstream shares outstanding
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Equitrans Midstream Dividend History
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Equitrans Midstream dividend history and estimates
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Equitrans Midstream dividend payout ratio
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Current Equitrans Midstream forecasts and price targets in August 2026
Analyst Price Targets 2026Equitrans Midstream Analyst Rating Actions
| Date | Firm | Action | Rating | Reliability |
|---|---|---|---|---|
| 6/10/2024 | Maintained | Overweight | 60 | |
| 5/2/2024 | Maintained | Equal Weight | 56 | |
| 3/12/2024 | Upgrade | UnderweightEqual Weight | 56 | |
| 3/7/2024 | Maintained | Outperform | 52 | |
| 2/26/2024 | Maintained | Equal Weight | 33 | |
| 2/22/2024 | Maintained | Overweight | 60 | |
| 12/14/2023 | Downgrade | Equal WeightUnderweight | 56 | |
| 12/4/2023 | Downgrade | OutperformPeer Perform | – | |
| 10/31/2023 | Maintained | Overweight | 60 | |
| 8/8/2023 | Maintained | Outperform | 52 |
Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.
Equitrans Midstream Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 4/30/2024 | 0.24USD | - | 389.00 MUSD | - | 2024 Q1 |
| 2/19/2024 | 0.20USD | - | 356.85 MUSD | - | 2023 Q4 |
| 7/31/2023 | 0.11USD | - | 346.57 MUSD | - | 2023 Q2 |
| 5/1/2023 | 0.13USD | - | 354.38 MUSD | - | 2023 Q1 |
| 2/20/2023 | 0.14USD | - | 354.94 MUSD | - | 2022 Q4 |
| 11/1/2022 | 0.13USD | - | 342.69 MUSD | - | 2022 Q3 |
| 8/2/2022 | 0.12USD | - | 342.40 MUSD | - | 2022 Q2 |
| 5/3/2022 | 0.19USD | - | 374.52 MUSD | - | 2022 Q1 |
| 2/22/2022 | 0.11USD | - | 335.84 MUSD | - | 2021 Q4 |
| 11/2/2021 | 0.18USD | - | 369.17 MUSD | - | 2021 Q3 |
EESG©
Eulerpool ESG Scorecard© for the Equitrans Midstream stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Equitrans Midstream shareholder structure
| % | Name |
|---|---|
0.16668% | |
0.03090% | |
0.02660% | |
0.02382% | |
0.00883% | |
0.00745% |
Equitrans Midstream Beneficial Ownership Filings (SEC 13D/G)
Equitrans Midstream Executives and Management Board
12 members · avg. age 63 · 25 % women
Ms. Diana Charletta (50)
Chief Executive Officer, Director · since 2018
3.54 M USD
Management
Mr. Kirk Oliver (65)
Chief Financial Officer, Senior Vice President
Mr. Stephen Moore (63)
Senior Vice President, General Counsel
Mr. Brian Pietrandrea (48)
Chief Accounting Officer, Vice President
Board of Directors
Mr. Thomas Karam
Executive Chairman of the Board · since 2018
Mr. Robert Vagt (75)
Lead Independent Director
Ms. Vicky Bailey (70)
Independent Director
Mr. Norman Szydlowski (71)
Independent Director
Ms. Sarah Barpoulis (57)
Independent Director
Mr. Kenneth Burke (73)
Independent Director
Equitrans Midstream Supply Chain
Equitrans Midstream Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.24 | 0.43 | 0.56 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.42 | 0.54 | -0.16 | ||
| 2 | -0.03 | 0.20 | -0.14 | ||
| 3 | 0.47 | 0.49 | -0.14 | ||
| 4 | 0.75 | 0.59 | -0.11 | ||
| 5 | 0.73 | 0.65 | -0.08 |
Frequently asked questions about Equitrans Midstream
Equitrans Midstream Corp's business model revolves around natural gas transmission, storage, and gathering activities. As a leading energy infrastructure company, Equitrans Midstream operates an extensive network of pipelines, storage facilities, and gathering systems to transport and store natural gas for various customers, including producers, utilities, and marketers. By providing reliable and efficient midstream services, Equitrans Midstream plays a crucial role in the energy value chain, facilitating the transportation and delivery of natural gas to end-users across the United States. The company's strategic investments and operational expertise enable it to support the growth and development of the natural gas industry while ensuring the safe and responsible transportation of this vital resource.
Equitrans Midstream Corp is primarily active in the energy infrastructure industry.
Some of the main competitors of Equitrans Midstream Corp in the market include MPLX LP, Energy Transfer LP, and Williams Companies Inc.
Equitrans Midstream Corp is a leading provider of gathering, transmission, and storage services for natural gas in the United States. Founded in 2018, the company operates a vast network of pipelines and related infrastructure, primarily in the Appalachian Basin. Equitrans Midstream Corp was formed following the separation from EQT Corporation, a top natural gas producer. With a rich history rooted in the energy industry, Equitrans Midstream Corp is committed to delivering reliable and efficient midstream solutions to its customers. The company strives to support the growing demand for natural gas and contribute to the development of sustainable energy solutions.
Equitrans Midstream Corp has achieved several significant milestones. The company completed its separation from EQT Corporation in 2018, becoming an independent midstream company focused on natural gas gathering, transmission, and storage. In 2019, Equitrans Midstream recorded a successful initial public offering (IPO), raising funds to expand its infrastructure development. Additionally, the company has made strides in expanding its gathering and transmission pipelines, enhancing its operational efficiency and expanding its customer base. Equitrans Midstream's commitment to technological advancements and environmental stewardship has earned recognition, including being named a "Certified Responsible Operator" by the Independent Petroleum Association of America.
Equitrans Midstream Corp primarily operates in the United States. The company is focused on the development, operation, and maintenance of natural gas gathering, transmission, and storage systems. With its presence predominantly in the Appalachian Basin, Equitrans Midstream Corp serves customers in various states including Pennsylvania, West Virginia, and Ohio. As a leading midstream energy company, Equitrans Midstream Corp plays a crucial role in facilitating the transportation and delivery of natural gas to meet the growing energy needs of the region.
Equitrans Midstream Corp is committed to principles of integrity, transparency, and excellence. With a customer-focused approach, the company prioritizes safety and reliability in providing midstream services to the energy industry. Equitrans Midstream Corp values sustainable and responsible operations, utilizing advanced technologies to minimize environmental impact. The company's corporate philosophy revolves around fostering long-term partnerships based on trust, collaboration, and mutual success. Through continuous innovation and operational efficiency, Equitrans Midstream Corp aims to deliver value to its stakeholders while maintaining a strong commitment to corporate social responsibility.
Analysts currently set an average price target of 13.90 USD for the Equitrans Midstream stock (median: 13.26 USD), implying +12.0 % versus the latest price. The consensus is based on 14 analyst ratings.
14 analysts currently rate the Equitrans Midstream stock: 8 recommend buying, 6 holding and 0 selling. For 2026, analysts expect Equitrans Midstream to generate revenue of 1.62 B USD and earnings per share of 0.83 USD.
Converted at the current exchange rate, the Equitrans Midstream share trades at 10.75 EUR (12.42 USD).
The Equitrans Midstream share (ETRN) is listed on 4 stock exchanges, including: NYSE (ETRN), Frankfurt (37W.F), München (37W.MU), Düsseldorf (37W.DU).
Equitrans Midstream Corp is a leading provider of energy infrastructure in the USA. The company offers a wide range of business areas that allow it to deliver services and products that meet the needs of customers in the energy industry. One of the main business areas of Equitrans Midstream Corp is the Midstream segment. Here, the company offers services in the transportation, storage, and processing of energy. It has a wide network of pipelines, compressor stations, and storage facilities in the Appalachian region, ensuring that the necessary energy resources reach customers. The Transmission segment of Equitrans Midstream Corp is another important business area. Here, the company focuses on creating the necessary infrastructure for the transmission of energy between customer systems. The Transmission segment works closely with other midstream companies to ensure that the energy needs of customers are met at all times. The company also offers pipeline marketing services, enabling other companies to market their products in the marketplaces. Through a combination of experience, resources, and industry-leading knowledge, Equitrans Midstream Corp is able to provide its partners with the support and infrastructure they need to deliver their products to customers in the energy industry. To better meet the needs of customers, the company has expanded its product range. It now also offers additional services such as contract management and residual gas utilization to provide customers with a comprehensive solution to their energy infrastructure issues. These additional services aim to enhance the experience and value for customers. Equitrans Midstream Corp is also a pioneer in renewable energy investments. The company is committed to developing sustainable energy resources and reducing its greenhouse gas emissions. It is committed to investing in clean energy technologies and ensuring that it complies with the growing demands for environmental protection and climate change in providing energy efficiency measures. Overall, Equitrans Midstream Corp's business model is distinguished by a wide range of products and a strong presence in the energy industry. The company is committed to providing its customers with a comprehensive service offering while also advocating for a sustainable energy economy. Through successful implementation of this model, Equitrans Midstream Corp will continue to play an important role in the energy industry in the future.
The expected revenue of Equitrans Midstream is 1.62 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Equitrans Midstream is 361.78 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Equitrans Midstream is currently 14.97. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Equitrans Midstream stock.
The price-to-sales ratio (P/S) of Equitrans Midstream is currently 3.35. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Equitrans Midstream stock.
The Eulerpool Quality Score for Equitrans Midstream is 1/10.
The ISIN of Equitrans Midstream is US2946001011. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Equitrans Midstream is A2N8FA. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Equitrans Midstream is ETRN. The ticker symbol is used to trade Equitrans Midstream shares on the stock exchange.
Over the past 12 months, Equitrans Midstream paid a dividend of 0.60 USD . This corresponds to a dividend yield of about 4.83 %. For the coming 12 months, Equitrans Midstream is expected to pay a dividend of 0.60 USD.
The current dividend yield of Equitrans Midstream is 4.83 %.
Equitrans Midstream pays a dividend, distributed in the months of , , , .
Equitrans Midstream paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0.60 USD are expected. This corresponds to a dividend yield of 4.83 %.
Equitrans Midstream is assigned to the 'Energy' sector.
To receive the latest dividend of Equitrans Midstream from amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on .
The last dividend was paid out on .
In the year 2025, Equitrans Midstream distributed 0.3 USD as dividends.
The dividends of Equitrans Midstream are distributed in USD.
Equitrans Midstream stock
Equitrans Midstream Peer Group
Equitrans Midstream Ticker
Equitrans Midstream FIGI
All fundamentals and in-depth analysis of Equitrans Midstream
Our stock analysis for Equitrans Midstream stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Equitrans Midstream. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.