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Stock impact report

Equitrans Midstream Announces First Quarter 2024 Results [Yahoo! Finance]

Equitrans Midstream Corporation (ETRN) 
Last equitrans midstream corporation earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
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. Q1 2024 Highlights: Announced proposed acquisition by EQT Corporation in an all-stock transaction Reported $111.9 million of net income and $271.8 million of Adjusted EBITDA Generated $177.5 million of net cash from operating activities Recorded 67% of total operating revenue from firm reservation fees "With all of the waterbody and wetland crossings complete and less than one mile of pipeline to install, we are nearing completion of MVP's forward construction activities," said Diana M. Charletta, Equitrans Midstream's President & CEO. "Permanent restoration work is ongoing, and we expect to complete construction and final commissioning activities on or about May 31, 2024, with MVP's total project cost estimated at approximately $7.85 billion Show less Read more
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