ETRN - Equitrans Midstream Corp Stock Price, Fair Value and News

13.43USD-0.18 (-1.32%)Delayed as of 08 May 2024, 12:50 pm ET

Market Summary

USD13.43-0.18

Delayedas of 08 May 2024, 12:50 pm

-1.32%

ETRN Stock Price

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ETRN RSI Chart

ETRN Valuation

Market Cap

5.9B

Price/Earnings (Trailing)

13.04

Price/Sales (Trailing)

4.27

EV/EBITDA

19.14

Price/Free Cashflow

10.3

ETRN Price/Sales (Trailing)

ETRN Profitability

EBT Margin

33.64%

Return on Equity

29.49%

Return on Assets

3.82%

Free Cashflow Yield

9.71%

ETRN Fundamentals

ETRN Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

-3.21%

Rev. Growth (Qtr)

1.02%

ETRN Earnings

Earnings (TTM)

452.5M

Earnings Growth (Yr)

7.2%

Earnings Growth (Qtr)

-26.78%

Breaking Down ETRN Revenue

52 Week Range

5.1713.56

(Low)(High)

Last 7 days

0.7%

Last 30 days

10.6%

Last 90 days

34.6%

Trailing 12 Months

165.5%

How does ETRN drawdown profile look like?

ETRN Financial Health

Current Ratio

0.63

ETRN Investor Care

Dividend Yield

4.41%

Dividend/Share (TTM)

0.6

Shares Dilution (1Y)

0.11%

Diluted EPS (TTM)

0.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.4B	0	0	0
2023	1.4B	1.4B	1.4B	1.4B
2022	1.3B	1.3B	1.2B	1.4B
2021	1.4B	1.4B	1.4B	1.3B
2020	1.7B	1.6B	1.6B	1.5B
2019	1.5B	1.5B	1.6B	1.6B
2018	1.1B	1.2B	1.4B	1.5B
2017	773.1M	813.9M	854.7M	895.6M
2016	0	0	0	732.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Equitrans Midstream Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 26, 2024	macken justin s	acquired	303,782	10.57	28,740	evp pipeline ops
Feb 26, 2024	pietrandrea brian p.	acquired	184,552	10.57	17,460	vp and cao
Feb 26, 2024	moore stephen m	acquired	585,050	10.57	55,350	evp & chief legal officer
Feb 26, 2024	charletta diana m	acquired	1,575,040	10.57	149,010	president & ceo
Feb 26, 2024	oliver kirk r	acquired	708,824	10.57	67,060	evp & cfo
Feb 26, 2024	tetlow nathan p	acquired	294,797	10.57	27,890	svp commercial services
Feb 26, 2024	karam thomas f	acquired	1,462,570	10.57	138,370	executive chairman
Dec 28, 2023	charletta diana m	sold (taxes)	-258,198	10.25	-25,190	president & coo
Dec 28, 2023	oliver kirk r	sold (taxes)	-165,578	10.25	-16,154	svp & cfo
Dec 28, 2023	karam thomas f	sold (taxes)	-683,870	10.25	-66,719	chairman & ceo

Which funds bought or sold ETRN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-87.91	-789,000	138,000	-%
May 06, 2024	Parallel Advisors, LLC	added	17.38	43,134	141,137	-%
May 06, 2024	KAYNE ANDERSON CAPITAL ADVISORS LP	reduced	-33.02	-3,710,650	17,108,500	0.48%
May 06, 2024	Investors Research Corp	unchanged	-	924	4,996	-%
May 06, 2024	Bard Financial Services, Inc.	reduced	-4.96	290,602	2,041,050	0.22%
May 06, 2024	Metis Global Partners, LLC	reduced	-6.59	25,076	196,792	0.01%
May 06, 2024	Advisory Services Network, LLC	reduced	-13.55	10,655	186,301	-%
May 06, 2024	HighTower Advisors, LLC	added	30.02	210,000	560,000	-%
May 06, 2024	SG Americas Securities, LLC	reduced	-67.11	-498,000	337,000	-%
May 06, 2024	Hilltop National Bank	new	-	2,498	2,498	-%

Are Funds Buying or Selling ETRN?

Are funds buying ETRN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ETRN

No. of Funds

Unveiling Equitrans Midstream Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 16, 2024	price t rowe associates inc /md/	1.5%	6,352,101	SC 13G/A
Feb 14, 2024	price t rowe associates inc /md/	1.5%	6,352,101	SC 13G/A
Feb 13, 2024	vanguard group inc	10.79%	46,756,511	SC 13G/A
Feb 09, 2024	capital international investors	9.0%	39,044,595	SC 13G/A
Jan 23, 2024	blackrock inc.	12.7%	55,168,841	SC 13G/A
Jan 11, 2024	cibc private wealth group, llc	16.66%	5e+06	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	7.2%	31,316,116	SC 13G/A
Feb 13, 2023	capital international investors	12.2%	53,000,392	SC 13G/A
Feb 09, 2023	vanguard group inc	10.71%	46,363,990	SC 13G/A
Jan 26, 2023	blackrock inc.	12.0%	51,729,117	SC 13G/A

Recent SEC filings of Equitrans Midstream Corp

View All Filings

Date Filed	Form Type	Document
May 01, 2024	S-8	Employee Benefits Plan
May 01, 2024	S-8 POS	Employee Benefits Plan
May 01, 2024	S-8 POS	Employee Benefits Plan
Apr 30, 2024	10-Q	Quarterly Report
Apr 30, 2024	425	Prospectus Filed
Apr 30, 2024	8-K	Current Report
Apr 24, 2024	425	Prospectus Filed
Apr 24, 2024	8-K	Current Report
Apr 23, 2024	425	Prospectus Filed
Apr 23, 2024	425	Prospectus Filed

Peers (Alternatives to Equitrans Midstream Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	78.3B	43.6B	4.19%	-7.14%	12.65	1.79	-18.12%	106.16%
EPD	61.5B	49.7B	-4.61%	11.83%	11.12	1.24	-14.56%	0.77%
ET	54.3B	78.6B	1.70%	30.66%	13.79	0.69	-12.56%	-17.26%
KMI	41.7B	15.3B	1.68%	11.07%	16.95	2.72	-18.66%	-3.98%
LNG	35.8B	17.4B	-0.29%	4.76%	7.23	2.05	-47.07%	-35.95%
PAA	12.3B	48.7B	-5.82%	37.85%	9.96	0.25	-15.05%	18.61%
MID-CAP
AM	6.9B	1.1B	-0.07%	37.97%	17.66	6.47	10.45%	16.98%
ENLC	5.9B	6.8B	-5.05%	50.51%	36.55	0.87	-24.85%	-57.72%
ETRN	5.9B	1.4B	10.64%	165.50%	13.04	4.27	-0.72%	272.22%
HESM	2.8B	1.4B	-2.74%	22.74%	19.41	1.99	10.36%	-29.40%
INSW	2.8B	1.1B	5.43%	50.50%	4.98	2.59	23.95%	43.45%
SMALL-CAP
GLP	1.6B	16.5B	5.85%	59.17%	10.78	0.1	-12.64%	-57.90%
GEL	1.6B	3.2B	9.50%	33.40%	12.33	0.51	7.09%	65.33%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	114.3M	734.3M	9.40%	16.40%	29.99	0.16	-25.40%	114.16%

Equitrans Midstream Corp News

Latest updates

Equitrans Midstream Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.0%	364,274,000	360,609,000	338,514,000	318,469,000	376,337,000	355,239,000	331,751,000	328,611,000	342,146,000	246,672,000	342,074,000	348,295,000	379,996,000	367,122,000	350,000,000	340,590,000	453,113,000	425,859,000	408,434,000	406,167,000	389,782,000
Costs and Expenses	4.5%	183,118,000	175,298,000	184,225,000	188,935,000	161,093,000	175,373,000	153,421,000	145,313,000	146,046,000	157,350,000	154,528,000	215,342,000	154,416,000	160,449,000	149,491,000	165,293,000	211,031,000	737,622,000	446,887,000	239,992,000	129,741,000
S&GA Expenses	5.1%	44,329,000	42,193,000	55,627,000	56,932,000	32,622,000	36,398,000	33,348,000	29,009,000	29,717,000	32,520,000	33,560,000	35,482,000	35,494,000	35,783,000	31,626,000	32,821,000	29,739,000	29,362,000	24,151,000	27,224,000	32,178,000
EBITDA Margin	6.9%	0.22	0.21	0.16	-0.28	-0.28	-0.27	-1.96	-1.45	-1.44	-1.40	0.22	0.28	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.2%	-118,896,000	-111,949,000	-106,334,000	-103,644,000	-104,957,000	-105,010,000	-101,085,000	-95,117,000	-93,121,000	-93,763,000	-94,101,000	-95,642,000	-95,144,000	-87,420,000	-86,411,000	-66,795,000	-66,754,000	-67,927,000	-65,606,000	-61,713,000	-60,949,000
Income Taxes	528.4%	19,400,000	-4,528,000	-10,976,000	465,000	-3,784,000	-1,483,000	-366,000	2,692,000	5,601,000	-407,586,000	31,642,000	12,332,000	20,259,000	21,747,000	28,440,000	34,267,000	19,139,000	4,836,000	1,948,000	11,470,000	32,450,000
Earnings Before Taxes	-9.8%	131,289,000	145,511,000	118,728,000	69,385,000	102,307,000	80,680,000	-503,299,000	67,431,000	104,494,000	-2,009,656,000	120,972,000	51,742,000	96,299,000	153,274,000	196,879,000	177,725,000	208,699,000	-328,680,000	-59,541,000	141,950,000	232,016,000
EBT Margin	7.6%	0.34	0.31	0.27	-0.18	-0.18	-0.18	-1.87	-1.36	-1.35	-1.32	0.29	0.34	-	-	-	-	-	-	-	-	-
Net Income	-26.8%	108,999,000	148,870,000	127,432,000	67,245,000	101,682,000	80,614,000	-505,865,000	60,791,000	95,118,000	-1,606,121,000	85,773,000	36,402,000	72,126,000	117,812,000	164,466,000	56,494,000	189,560,000	-268,738,000	-65,825,000	74,521,000	56,299,000
Net Income Margin	2.5%	0.33	0.32	0.27	-0.19	-0.19	-0.20	-1.57	-1.08	-1.09	-1.07	0.22	0.27	-	-	-	-	-	-	-	-	-
Free Cashflow	-49.7%	92,547,000	184,167,000	94,063,000	202,254,000	149,080,000	-597,000	95,878,000	259,172,000	114,661,000	267,295,000	129,144,000	313,521,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.2%	11,849	11,709	11,033	10,727	10,399	10,446	10,335	10,909	10,776	10,883	12,858	12,798	12,781	12,719	12,631	12,445	12,190	12,042	12,576	12,436	10,275
Current Assets	-39.2%	362	595	488	416	321	390	332	392	326	447	486	551	572	562	533	503	368	375	422	333	311
Cash Equivalents	-80.2%	51.00	259	181	107	52.00	68.00	48.00	115	42.00	135	194	243	232	208	183	202	76.00	88.00	154	26.00	79.00
Net PPE	0.2%	8,008	7,992	7,949	7,911	7,901	7,884	7,859	7,822	7,784	7,788	7,773	7,762	7,816	7,828	7,839	7,807	7,751	7,724	7,614	7,380	6,008
Goodwill	0%	487	487	487	487	487	487	487	487	487	487	487	487	487	487	487	487	-	487	-	1,347	108
Liabilities	1.2%	9,633	9,521	8,878	8,627	8,297	8,365	8,262	8,241	8,098	8,228	8,525	8,477	8,425	8,363	8,309	8,228	7,145	6,760	6,635	6,191	5,598
Current Liabilities	-26.4%	576	783	651	462	313	413	541	300	208	368	318	373	575	595	672	403	293	336	558	694	393
LT Debt, Current	0.0%	300	300	300	-	99.00	99.00	99.00	-	-	-	-	-	310	303	303	-	-	6.00	6.00	6.00	6.00
Shareholder's Equity	3.2%	1,077	1,044	1,007	1,418	1,420	1,399	1,391	1,985	1,996	1,972	3,172	3,163	3,202	3,676	3,640	3,548	5,044	5,282	5,941	6,245	4,677
Retained Earnings	0.9%	-2,904	-2,932	-3,000	-3,047	-3,031	-3,053	-3,054	-2,468	-2,449	-2,464	-778	-784	-741	-728	-781	-866	-858	-618	-234	-53.79	-13.70
Accumulated Depreciation	4.0%	1,824	1,753	1,684	1,618	1,550	1,481	1,412	1,344	1,278	1,217	1,156	1,090	1,076	1,008	944	883	823	859	825	785	651
Shares Outstanding	0.0%	434	434	433	433	434	433	433	433	433	433	433	433	-	-	-	-	-	-	-	-	-
Minority Interest	-1.1%	457	463	-	-	-	479	-	-	-	483	-	-	-	471	-	-	-	4,609	-	-	-
Float	-	-	-	-	4,100	-	-	-	2,800	-	-	-	3,400	-	-	-	3,400	-	-	-	4,000	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-39.1%	177,491	291,218	201,586	298,554	224,720	99,236	209,567	351,026	185,946	346,744	209,877	382,595	229,552	316,691	231,195	343,697	249,303	286,018	267,926	300,342	122,201
Share Based Compensation	-16.7%	4,904	5,890	7,257	22,698	3,468	3,658	3,658	3,656	4,828	2,493	2,999	3,146	4,445	2,913	3,048	1,796	4,544	886	-718	1,510	1,108
Cashflow From Investing	1.6%	-506,400	-514,495	-315,992	-130,871	-108,724	-139,860	-155,007	-129,699	-142,471	-186,829	-173,718	-141,711	-70,711	-211,699	-172,864	-148,949	-196,317	-457,983	-486,469	-1,277,492	-352,588
Cashflow From Financing	-59.8%	121,319	301,545	187,943	-113,107	-131,398	60,455	-121,014	-148,413	-136,529	-219,499	-84,551	-230,158	-134,953	-79,499	-78,149	-68,364	-65,344	106,531	346,798	923,602	15,264
Dividend Payments	0.1%	65,050	64,990	64,989	64,977	64,964	64,917	64,917	64,915	64,901	64,871	64,879	64,874	64,871	64,871	64,871	34,399	114,254	114,635	114,634	114,608	104,251
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-138,669	190,992	-	-	-238,455	238,455

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ETRN Income Statement

2024-03-31

Statements of Consolidated Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Income Statement [Abstract]

Operating revenues

$ 364,274

$ 376,337

Operating expenses:

Operating and maintenance

45,228

42,862

Selling, general and administrative

44,329

32,622

Transaction costs

5,684

Depreciation

71,672

69,404

Amortization of intangible assets

16,205

Total operating expenses

183,118

161,093

Operating income

181,156

215,244

Equity income

^[1],[2]

73,005

122

Other (expense) income, net

(3,976)

(8,102)

Net interest expense

(118,896)

(104,957)

Income before income taxes

131,289

102,307

Income tax expense (benefit)

19,400

(3,784)

Net income

111,889

106,091

Net income attributable to noncontrolling interest

2,890

4,409

Net income attributable to Equitrans Midstream

108,999

101,682

Preferred dividends

14,628

Net income attributable to Equitrans Midstream common shareholders

$ 94,371

$ 87,054

Earnings per share of common stock attributable to Equitrans Midstream common shareholders - basic (in dollars per share)

$ 0.22

$ 0.20

Earnings per share of common stock attributable to Equitrans Midstream common shareholders - diluted (in dollars per share)

$ 0.21

$ 0.20

Weighted average common shares outstanding - basic (in shares)

434,497

433,707

Weighted average common shares outstanding - diluted (in shares)

440,561

434,254

Statement of comprehensive income:

Net income

$ 111,889

$ 106,091

Other comprehensive income, net of tax:

Pension and other post-retirement benefits liability adjustment, net of tax expense of $6 and $7

Other comprehensive income

Comprehensive income

111,909

106,113

Less: Comprehensive income attributable to noncontrolling interest

2,890

4,409

Less: Comprehensive income attributable to preferred dividends

14,628

Comprehensive income attributable to Equitrans Midstream common shareholders

$ 94,391

$ 87,076

Dividends declared per common share (in dollars per share)

$ 0.15

[1]	Represents equity income from Mountain Valley Pipeline, LLC (the MVP Joint Venture). See Note 5.
[2]	Represents equity income from the MVP Joint Venture. See Note 5.

ETRN Balance Sheet

2024-03-31

Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

$ 51,287

$ 258,877

Accounts receivable (net of allowance for credit losses of $7,752 and $6,429 as of March 31, 2024 and December 31, 2023, respectively)

242,017

258,264

Other current assets

68,693

78,356

Total current assets

361,997

595,497

Property, plant and equipment

9,831,728

9,745,298

Less: accumulated depreciation

(1,823,590)

(1,752,914)

Net property, plant and equipment

8,008,138

7,992,384

Investment in unconsolidated entity

^[1]

2,194,117

1,832,282

Goodwill

486,698

Net intangible assets

505,928

522,133

Other assets

291,963

280,432

Total assets

11,848,841

11,709,426

Current liabilities:

Current portion of long-term debt

299,846

299,731

Accounts payable

51,872

60,884

Capital contributions payable to the MVP Joint Venture

46,835

181,051

Accrued interest

95,200

134,330

Accrued liabilities

82,457

106,870

Total current liabilities

576,210

782,866

Long-term liabilities:

Revolving credit facility borrowings

850,000

1,230,000

Long-term debt

6,640,152

6,046,709

Contract liability

1,358,238

1,296,039

Deferred income taxes

26,254

4,718

Regulatory and other long-term liabilities

181,820

160,977

Total liabilities

9,632,674

9,521,309

Mezzanine equity:

Equitrans Midstream Preferred Shares, 30,018 shares issued and outstanding as of March 31, 2024 and December 31, 2023

681,842

Shareholders' equity:

Common stock, no par value, 433,661 and 433,505 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively

3,982,574

3,977,149

Retained deficit

(2,904,491)

(2,932,206)

Accumulated other comprehensive loss

(1,252)

(1,272)

Total common shareholders' equity

1,076,831

1,043,671

Noncontrolling interest

457,494

462,604

Total shareholders' equity

1,534,325

1,506,275

Total liabilities, mezzanine equity and shareholders' equity

$ 11,848,841

$ 11,709,426

[1]	Represents investment in the MVP Joint Venture. See Note 5.

About Equitrans Midstream Corp

Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It operates through three segments: Gathering, Transmission, and Water. The company operates dry gas gathering systems of high-pressure gathering lines; FERC-regulated interstate pipelines and storage systems; and water pipelines and other facilities that deliver fresh water from local municipal water authorities, the Monongahela River, the Ohio River, local reservoirs, and several regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.

CEO	Mr. Thomas F. Karam
WEBSITE	equitransmidstream.com
INDUSTRY	Oil - Midstream
EMPLOYEES	766

Equitrans Midstream Corp Frequently Asked Questions

What is the ticker symbol for Equitrans Midstream Corp? What does ETRN stand for in stocks?

ETRN is the stock ticker symbol of Equitrans Midstream Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Equitrans Midstream Corp (ETRN)?

As of Tue May 07 2024, market cap of Equitrans Midstream Corp is 5.9 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ETRN stock?

You can check ETRN's fair value in chart for subscribers.

What is the fair value of ETRN stock?

You can check ETRN's fair value in chart for subscribers. The fair value of Equitrans Midstream Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Equitrans Midstream Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ETRN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Equitrans Midstream Corp a good stock to buy?

The fair value guage provides a quick view whether ETRN is over valued or under valued. Whether Equitrans Midstream Corp is cheap or expensive depends on the assumptions which impact Equitrans Midstream Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ETRN.

What is Equitrans Midstream Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, ETRN's PE ratio (Price to Earnings) is 13.04 and Price to Sales (PS) ratio is 4.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ETRN PE ratio will change depending on the future growth rate expectations of investors.