|Bid||19.29 x 800|
|Ask||19.30 x 1400|
|Day's Range||19.12 - 19.90|
|52 Week Range||17.63 - 23.47|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||25.52|
|Forward Dividend & Yield||1.80 (8.64%)|
|1y Target Est||N/A|
Equitrans Midstream Corp. (NYSE: ETRN) held its annual meeting Tuesday morning in downtown Pittsburgh, and all four matters proposed by the board of directors passed with a majority of votes. The first proposition voted for approval was the election of seven directors nominated by the board to serve for new terms. On mechanics, Charletta said the team did experience some “estimation misses” and cut deeper through rock when it should have bent the pipe. On regulations, Charletta said the company learned it needed to know the regulatory process better than the state level agencies they work with.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
These Four MLPs Offer High Yield(Continued from Prior Part)EQM’s yieldEQM Midstream Partners (EQM), the MLP of Equitrans Midstream (ETRN), is trading at a yield of 10.4%, which is slightly more than double its five-year average yield of ~5.1%. EQM
Equitrans Midstream Corp and EQM Midstream Partners LP said on Tuesday it was unlikely a joint venture building the $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia will ...
EQT Corp. has begun to engage in some preliminary scouting for a new headquarters beyond EQT Plaza, where it is currently located, according to sources familiar with the search. As the natural gas drilling company currently works to sublease a portion of its current headquarters, sources familiar with the search indicate EQT has explored a mix of options in and around downtown, including at the redevelopment of the former Civic Arena site in the Lower Hill District. The company, which has undergone significant change in the past two years, declined to comment beyond a short statement. EQT (NYSE: EQT) is bound to be heavily courted by developers all over the city, which is in a busy phase for new office development.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. We'll use ROE to examine Equit...
To understand, you need to start before December 2018 when Toby Rice and Derek Rice sent their letter to the board.
Back in 2001 Matt Sirovich and Jeremy Mindich founded institutional alternative asset management called Scopia Capital. The fund is based in New York City, and it has around $11.37 billion in asset under management (December 2016). It provides investment management services with a long/short value driven, market-neutral approach or long only investment management for institutional […]
Equitrans Midstream Corp said on Thursday its unit will buy a stake in two pipeline systems in Ohio and West Virginia from a fund managed by Morgan Stanley, in a deal worth $1.03 billion. The unit, EQM ...
David Cohen and Harold Levy co-founded a hedge fund called Iridian Asset Management, back in 1996, aiming to benefit from market fails at times of corporate change. The fund’s headquarters are in Westport, Connecticut, while also providing additional offices in NYC, Chicago and Schaumburg, Illinois. Both David Cohen and Harold Levy had impressive investing experiences […]
Gastonia-based PSNC Energy, once slated to be a 30% partner in the $500 million MVP Southgate extension, says the investigation did not lead to its December decision to sell its stake in the project.
Gastonia-based PSNC Energy confirms it sold all of its share in the proposed Southgate MVP pipeline on Dec. 17. The sale was surprising, because PSNC bought into the project just four months earlier.
Equitrans Midstream Corp., created by the split of natural gas producer EQT Corp., is embarking on a future that will include not only moving natural gas but also water. Much of the revenue around Equitrans (NYSE: ETRN) is around current and future pipelines including the Mountain Valley Pipeline, which could be completed by the end of 2019. Equitrans is expecting to spend $100 million in fresh water infrastructure including 55 miles of permanent pipe in southwestern Pennsylvania and Belmont County, Ohio.
EQM Midstream Partners LP said on Thursday it expects to complete the $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia in the fourth quarter of 2019 despite remaining legal challenges against the project. The company said in its fourth quarter earnings release that Mountain Valley was about 70 percent complete. EQM said it is working through the project's remaining legal challenges, including securing a Nationwide 12 Permit from the U.S. Army Corps of Engineers for stream and waterbody crossings.
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