Equitrans Midstream (ETRN) Stock Price

Equitrans Midstream Price

🇺🇸NYSE·CLOSED
12.42USD
Market closed
Today +/-
Today %

Equitrans Midstream (ETRN) Stock | ISIN US2946001011 | WKN A2N8FA. The current Equitrans Midstream stock price is 12.42 USD (2026). Revenue is 1.6 B USD. Net income is 404.89 M USD. The P/E ratio is 13.38. Market capitalization is 5.4 B USD. Equitrans Midstream operates in the Energy sector.

Equitrans Midstream stock price

Ex-Dividend
Details

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.

Equitrans Midstream Stock Price History
DateEquitrans Midstream Price
Access this data via the Eulerpool API

Equitrans Midstream Revenue, EBIT, Net Income

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2015
632.9 M USD
449.9 M USD
174.3 M USD
Jan 1, 2016
732.3 M USD
524.8 M USD
65.2 M USD
Jan 1, 2017
895.6 M USD
628.2 M USD
-27.2 M USD
Jan 1, 2018
1.5 B USD
990.5 M USD
218.4 M USD
Jan 1, 2019
1.63 B USD
1.07 B USD
-203.7 M USD
Jan 1, 2020
1.51 B USD
903.9 M USD
359.3 M USD
Jan 1, 2021
1.32 B USD
691.6 M USD
-1.47 B USD
Jan 1, 2022
1.36 B USD
737.6 M USD
-327.9 M USD
Jan 1, 2023
1.39 B USD
684.38 M USD
386.72 M USD
Invalid Date
1.53 B USD
826.7 M USD
327.6 M USD
Invalid Date
1.63 B USD
956.16 M USD
389.72 M USD
Invalid Date
1.6 B USD
947.6 M USD
404.89 M USD
Invalid Date
1.68 B USD
1.19 B USD
514.7 M USD
Invalid Date
1.89 B USD
1.32 B USD
643.38 M USD

Equitrans Midstream Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 12:36 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

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

The Equitrans Midstream margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Equitrans Midstream. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Equitrans Midstream.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2015
89.03 %
71.09 %
27.54 %
Jan 1, 2016
90.54 %
71.66 %
8.9 %
Jan 1, 2017
90.52 %
70.14 %
-3.04 %
Jan 1, 2018
89.08 %
66.25 %
14.61 %
Jan 1, 2019
89.86 %
65.72 %
-12.5 %
Jan 1, 2020
89.8 %
59.83 %
23.78 %
Jan 1, 2021
88.38 %
52.51 %
-111.64 %
Jan 1, 2022
88.61 %
54.33 %
-24.15 %
Jan 1, 2023
87.23 %
49.1 %
27.74 %
Invalid Date
87.23 %
54.03 %
21.41 %
Invalid Date
87.23 %
58.7 %
23.92 %
Invalid Date
87.23 %
59.34 %
25.35 %

Equitrans Midstream Stock Revenue, EBIT, Earnings per Share

The Equitrans Midstream earnings per share therefore indicates how much revenue Equitrans Midstream has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2015
3.11 USD
2.21 USD
0.86 USD
Jan 1, 2016
3.6 USD
2.58 USD
0.32 USD
Jan 1, 2017
4.4 USD
3.09 USD
-0.13 USD
Jan 1, 2018
7.35 USD
4.87 USD
1.07 USD
Jan 1, 2019
6.4 USD
4.2 USD
-0.8 USD
Jan 1, 2020
4.39 USD
2.63 USD
1.04 USD
Jan 1, 2021
3.04 USD
1.6 USD
-3.4 USD
Jan 1, 2022
3.13 USD
1.7 USD
-0.76 USD
Jan 1, 2023
3.2 USD
1.57 USD
0.89 USD
Invalid Date
3.52 USD
1.9 USD
0.75 USD
Invalid Date
3.74 USD
2.19 USD
0.9 USD
Invalid Date
3.67 USD
2.17 USD
0.93 USD

Equitrans Midstream business model & stock analysis

Equitrans Midstream Corp is a leading operator of pipelines and infrastructure for the production of natural gas and oil in the USA. The company was founded in 2018 when it spun off from its parent company EQT Corp to become an independent entity. Equitrans is based in Pittsburgh, Pennsylvania and operates a network of pipelines and facilities in the Appalachian regions of West Virginia, Pennsylvania, and Ohio. Business model Equitrans Midstream Corp is a publicly traded company that focuses on providing pipelines and facilities for the US natural gas and oil industry. The company specializes primarily in midstream infrastructure that supports the production, processing, transportation, and unloading of oil and gas. The midstream industry is a crucial component of the energy supply in the USA. Companies in this sector are responsible for transporting oil and gas resources from the production areas to refineries and end consumers. Equitrans Midstream Corp offers its customers services throughout the entire value chain, including planning, construction, operation, and maintenance of pipelines and facilities. Divisions Equitrans is divided into several business divisions, including: 1. Gathering and Transmission Under its Gathering and Transmission division, Equitrans operates a network of pipelines and compression stations that enable customers to transport natural gas from the source to the market. 2. Water Handling and Treatment During the extraction of shale gas, large amounts of wastewater are often produced. Therefore, Equitrans also operates a division that focuses on the handling and treatment of wastewater. This allows the company to comply with environmental regulations and provide solutions to customers. 3. Storage Equitrans also provides storage services for natural gas. This includes underground storage facilities that allow customers to store natural gas when demand is low and availability is high. Products Equitrans' products mainly include pipelines and facilities for the transportation, storage, and treatment of natural gas and oil products. Additionally, the company offers wastewater treatment services as well as project management and consulting services. Equitrans is committed to providing its customers with environmentally friendly solutions for the natural gas industry. The company employs the latest technologies and procedures to minimize energy consumption, reduce environmental impacts, and maximize operational safety. This is an important factor for customers who increasingly prioritize sustainable solutions from their business partners. Conclusion Equitrans Midstream Corp is a significant player in the US natural gas and oil industry. The company offers a wide range of midstream services to the industry and works hard to focus on environmentally friendly and sustainable solutions. With the goal of providing its customers with premier products and services, Equitrans has established itself as a reliable partner for a variety of companies in the energy industry.

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 Segments

Equitrans Midstream Revenue by Segment (1/5)

  • Max

Contract Buyouts
Details
Date
Contract Buyouts
Jan 1, 2018
0 USD
Jan 1, 2019
0 USD
Jan 1, 2020
0 USD
Jan 1, 2021
0 USD
Jan 1, 2022
0 USD
Jan 1, 2023
5 M USD

Equitrans Midstream Revenue by Segment (2/5)

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Water service revenues
Gathering revenues supported by MVCs
Details
Date
Water service revenues
Gathering revenues supported by MVCs
Jan 1, 2018
111.23 M USD
0 USD
Jan 1, 2019
0 USD
0 USD
Jan 1, 2020
0 USD
0 USD
Jan 1, 2021
0 USD
11.3 M USD
Jan 1, 2022
0 USD
20.2 M USD
Jan 1, 2023
0 USD
4.6 M USD

Equitrans Midstream Revenue by Segment (3/5)

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  • Max

Gathering
Water
Details
Date
Gathering
Water
Jan 1, 2018
0 USD
0 USD
Jan 1, 2019
0 USD
0 USD
Jan 1, 2020
1.01 B USD
104.71 M USD
Jan 1, 2021
862.05 M USD
54.78 M USD
Jan 1, 2022
890.58 M USD
62.65 M USD
Jan 1, 2023
870.17 M USD
80.64 M USD

Equitrans Midstream Revenue by Segment (4/5)

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  • Max

Transmission
Details
Date
Transmission
Jan 1, 2018
0 USD
Jan 1, 2019
0 USD
Jan 1, 2020
393.84 M USD
Jan 1, 2021
0 USD
Jan 1, 2022
0 USD
Jan 1, 2023
443.12 M USD

Equitrans Midstream Revenue by Segment (5/5)

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  • Max

Gathering
Transmission
Transmission firm reservation fees
Water
Details
Date
Gathering
Transmission
Transmission firm reservation fees
Water
Jan 1, 2018
997.07 M USD
0 USD
386.8 M USD
111.23 M USD
Jan 1, 2019
1.16 B USD
0 USD
390.52 M USD
79.79 M USD
Jan 1, 2020
0 USD
0 USD
0 USD
0 USD
Jan 1, 2021
0 USD
400.2 M USD
0 USD
0 USD
Jan 1, 2022
0 USD
404.52 M USD
0 USD
0 USD
Jan 1, 2023
0 USD
0 USD
0 USD
0 USD

Equitrans Midstream Eulerpool Fair Value

Equitrans Midstream historical P/E ratio, EBIT multiple, and P/S ratio

Equitrans Midstream annual returns

Details

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

The number of shares was Equitrans Midstream in 2025 — This indicates how many shares 436.132 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2015
203.5 M base_Shares
Jan 1, 2016
203.5 M base_Shares
Jan 1, 2017
203.5 M base_Shares
Jan 1, 2018
203.5 M base_Shares
Jan 1, 2019
254.9 M base_Shares
Jan 1, 2020
344 M base_Shares
Jan 1, 2021
433 M base_Shares
Jan 1, 2022
433.3 M base_Shares
Jan 1, 2023
436.13 M base_Shares
Invalid Date
436.13 M base_Shares
Invalid Date
436.13 M base_Shares
Invalid Date
436.13 M base_Shares

Equitrans Midstream Dividend History

6 years of dividend payments

YearAnnual DividendYoY ChangePayments
20240.3USD 50.0%
20230.6USD 0.0%
20220.6USD 0.0%
20210.6USD 33.3%
20200.9USD 48.9%
20191.76USD

Equitrans Midstream dividend history and estimates

In 2025, Equitrans Midstream paid a dividend amounting to 0.78 USD. Dividend means that Equitrans Midstream distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
0 USD
1.76 USD
Invalid Date
0 USD
0.9 USD
Invalid Date
0 USD
0.6 USD
Invalid Date
0.6 USD
0 USD
Jan 1, 2023
0.6 USD
0 USD
Invalid Date
0.3 USD
0.3 USD
Invalid Date
0 USD
0.78 USD
Invalid Date
0 USD
0.81 USD

Equitrans Midstream dividend payout ratio

In 2025, Equitrans Midstream had a payout ratio of 86.54%. The payout ratio indicates the percentage of the company's profits that Equitrans Midstream distributes as dividends.
  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2015
86.54 %
Jan 1, 2016
86.54 %
Jan 1, 2017
86.54 %
Jan 1, 2018
86.54 %
Jan 1, 2019
-220 %
Jan 1, 2020
86.54 %
Jan 1, 2021
-17.65 %
Jan 1, 2022
-78.95 %
Jan 1, 2023
86.54 %
Invalid Date
86.54 %
Invalid Date
86.54 %
Invalid Date
86.54 %
Price targets and forecasts for Equitrans Midstream are not yet available.

Equitrans Midstream Earnings Estimates

Equitrans Midstream Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/30/20240.24USD389 MUSD2024 Q1
2/19/20240.2USD356.85 MUSD2023 Q4
7/31/20230.11USD346.57 MUSD2023 Q2
5/1/20230.13USD354.38 MUSD2023 Q1
2/20/20230.14USD354.94 MUSD2022 Q4
11/1/20220.13USD342.69 MUSD2022 Q3
8/2/20220.12USD342.4 MUSD2022 Q2
5/3/20220.19USD374.52 MUSD2022 Q1
2/22/20220.11USD335.84 MUSD2021 Q4
11/2/20210.18USD369.17 MUSD2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Equitrans Midstream stock

72/100
80
Environment
80
Social
57
Governance
E

Environment

20
Scope 1 - Direct Emissions2,507,570
Scope 2 - Indirect emissions from purchased energy16,245
Scope 3 - Indirect emissions within the value chain2,953
Total CO₂ emissions2,523,810
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees25
Percentage of women in management
Percentage of Asian employees1.44
Share of Asian management0.6
Percentage of Hispanic/Latino employees1.57
Hispano/Latino Management share1.2
Percentage of Black employees2.35
Black Management Share0.6
Percentage of white employees93.6
White Management Share97
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

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%
Tortoise Index Solutions, LLC
Tortoise Index Solutions, LLC
0.0309%
Conestoga Capital Advisors, LLC
Conestoga Capital Advisors, LLC
0.0266%
Mercer Global Investments Management Ltd
Mercer Global Investments Management Ltd
0.02382%
Cetera Advisors LLC
Cetera Advisors LLC
0.01343%
T. Rowe Price Japan, Inc.
T. Rowe Price Japan, Inc.
0.0116%
Burke (Kenneth Michael)
Burke (Kenneth Michael)
0.00883%
Cetera Advisor Networks LLC
Cetera Advisor Networks LLC
0.00745%
BlackRock Fund Advisors
BlackRock Fund Advisors
0.00605%
NinePointTwo Capital L.L.C
NinePointTwo Capital L.L.C
0.00288%
Sawtooth Asset Management, Inc.
Sawtooth Asset Management, Inc.
...

Equitrans Midstream Executives and Management Board

TK

Mr. Thomas Karam

Executive Chairman of the Board · since 2018

Compensation8.33 M USD
DC

Ms. Diana Charletta

(50)

Chief Executive Officer, Director · since 2018

Compensation3.54 M USD
KO

Mr. Kirk Oliver

(65)

Chief Financial Officer, Senior Vice President

Compensation3.01 M USD
SM

Mr. Stephen Moore

(63)

Senior Vice President, General Counsel

Compensation2.46 M USD
BP

Mr. Brian Pietrandrea

(48)

Chief Accounting Officer, Vice President

Compensation882,946 USD

Equitrans Midstream Supply Chain

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.

All fundamentals and in-depth analysis of Equitrans Midstream

Our stock analysis for Equitrans Midstream Revenue 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.