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Hot Stocks
Equitrans Midstream trading resumes  09:43
03/23/20
03/23
09:43
03/23/20
09:43
ETRN

Equitrans Midstream

$5.43 /

+ (+0.00%)

 
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Equitrans Midstream trading halted, volatility trading pause  09:38
03/23/20
03/23
09:38
03/23/20
09:38
ETRN

Equitrans Midstream

$5.43 /

+0.68 (+14.32%)

 
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Equitrans Midstream trading resumes  09:43
03/11/20
03/11
09:43
03/11/20
09:43
ETRN

Equitrans Midstream

$5.38 /

+ (+0.00%)

 
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Equitrans Midstream trading halted, volatility trading pause  09:38
03/11/20
03/11
09:38
03/11/20
09:38
ETRN

Equitrans Midstream

$5.38 /

-0.085 (-1.56%)

 
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Equitrans Midstream trading resumes  10:10
03/09/20
03/09
10:10
03/09/20
10:10
ETRN

Equitrans Midstream

$4.57 /

-1.52 (-24.96%)

 
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Equitrans Midstream trading halted, volatility trading pause  10:03
03/09/20
03/09
10:03
03/09/20
10:03
ETRN

Equitrans Midstream

$4.57 /

-1.52 (-24.96%)

 
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Over a month ago
Hot Stocks
Equitrans Midstream trading resumes  09:46
02/27/20
02/27
09:46
02/27/20
09:46
ETRN

Equitrans Midstream

$8.00 /

-0.68 (-7.83%)

 
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Equitrans Midstream trading halted, volatility trading pause  09:41
02/27/20
02/27
09:41
02/27/20
09:41
ETRN

Equitrans Midstream

$8.68 /

+ (+0.00%)

 
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Equitrans Midstream acquiring EQT Midstream Partners, signs agreement with EQT » 06:56
02/27/20
02/27
06:56
02/27/20
06:56
ETRN

Equitrans Midstream

$8.68 /

-0.325 (-3.61%)

, EQT

EQT Corporation

$4.96 /

-0.2 (-3.88%)

, EQM

EQT Midstream Partners

$21.59 /

-0.34 (-1.55%)

Equitrans Midstream…

Equitrans Midstream (ETRN) and EQM Midstream Partners (EQM) announced the following actions and information, along with ETRN's pro forma financial and capital expenditure forecast: EQM and EQT (EQT) executed a 15-year gas gathering agreement covering Pennsylvania and West Virginia; Minimum Volume Commitment steps-up to 3.0 Bcf per day and incremental MVC increases begin with Mountain Valley Pipeline's (MVP) in-service. Present value, using 10% discount rate, of MVC revenue is approximately $2.1B higher under new 15-year gathering agreement than under prior MVCs with EQT; ETRN forecasts greater than 70% of total revenue from firm reservation fees and MVCs beginning in 2021. ETRN will purchase and retire 25.3 million shares of ETRN common stock from EQT for $52M of upfront cash, with the remaining consideration, which represents $196M PV10, to be paid through reduced gathering fees in the two years following MVP's in-service. ETRN is to acquire all outstanding public EQM common units in a 100% share-for-unit transaction, approved by the EQM Conflicts Committee, in which each outstanding public common unit of EQM would be exchanged for 2.44 shares of ETRN common stock. The Merger is expected to close mid-year 2020. ETRN intends to pay a $0.60 per share annual dividend, which allows the company to quickly de-lever and provides significant forecasted cash flow after total capital expenditures and dividends. ETRN forecasts $1.8B of cumulative free cash flow and $1.0B of cumulative retained free cash flow, over 2021-2023.

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Equitrans Midstream sees 2020 growth CapEx$1.2B-$1.3B  06:51
02/27/20
02/27
06:51
02/27/20
06:51
ETRN

Equitrans Midstream

$8.68 /

-0.325 (-3.61%)

 
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