Back to top
more

Equitrans Midstream (ETRN)

(Delayed Data from NYSE)

$13.44 USD

13.44
7,826,562

+0.55 (4.27%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $13.42 -0.02 (-0.15%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value D Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 16% (41 out of 252)

Industry: Oil and Gas - Integrated - United States

Better trading starts here.

Income Statements

Research for ETRN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year end for Equitrans Midstream Corporation falls in the month of December .

All items in Millions except EPS data.

12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Sales 1,394 1,358 1,317 1,511 1,630
Cost Of Goods 178 155 153 154 165
Gross Profit 1,216 1,203 1,164 1,357 1,465
Selling & Adminstrative & Depr. & Amort Expenses 532 465 530 532 1,389
Income After Depreciation & Amortization 684 738 634 825 76
Non-Operating Income 178 -594 -1,966 226 166
Interest Expense 427 394 379 307 256
Pretax Income 436 -251 -1,711 743 -14
Income Taxes -19 6 -345 105 51
Minority Interest 10 12 15 215 139
Investment Gains/Losses 0 0 0 0 0
Other Income/Charges 0 0 0 0 0
Income From Cont. Operations 455 -257 -1,366 638 -65
Extras & Discontinued Operations 0 0 0 0 0
Net Income (GAAP) 445 -269 -1,380 423 -204
Depreciation Footnote 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Income Before Depreciation & Amortization 1,029 1,075 969 1,147 357
Depreciation & Amortization (Cash Flow) 344 337 335 323 281
Income After Depreciation & Amortization 684 738 634 825 76
Earnings Per Share Data 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
Average Shares 436.13 433.34 433.01 343.98 254.88
Diluted EPS Before Non-Recurring Items 0.91 0.46 0.38 1.29 3.00
Diluted Net EPS (GAAP) 0.89 -0.76 -3.32 1.06 -0.80

Fiscal Year end for Equitrans Midstream Corporation falls in the month of December .

All items in Millions except EPS data.

3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Sales NA 360.61 338.51 318.47 376.34
Cost Of Goods NA 46.30 43.05 45.77 42.86
Gross Profit NA 314.31 295.47 272.70 333.48
SG&A, R&D, and Dept/Amort Expenses 0.00 129.00 141.18 143.17 118.23
Income After SG&A, R&D, and Dept/Amort Expenses 0.00 185.31 154.29 129.53 215.25
Non-Operating Income NA 72.15 70.77 43.50 -7.98
Interest Expense NA 111.95 106.33 103.64 104.96
Pretax Income NA 145.51 118.73 69.39 102.31
Income Taxes NA -4.53 -10.98 0.47 -3.78
Minority Interest NA 1.17 2.27 1.68 4.41
Investment Gains/Losses NA 0.00 0.00 0.00 0.00
Other Income/Charges NA 0.00 0.00 0.00 0.00
Income From Cont. Operations NA 150.04 129.70 68.92 106.09
Extras & Discontinued Operations NA 0.00 0.00 0.00 0.00
Net Income (GAAP) NA 148.87 127.43 67.25 101.68
Earnings Per Share Data 3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
Average Shares NA 439.36 439.03 435.48 434.25
Diluted EPS Before Non-Recurring Items NA 0.32 0.28 0.09 0.22
Diluted Net EPS (GAAP) NA 0.31 0.26 0.12 0.20