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CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) will release its second quarter 2023 earnings information on Tuesday, August 1, 2023, and will also host a conference call with analysts and investors at 10:30 am (ET). A brief Q&A session for ETRN security analysts will immediately follow the results discussion. Call Access: An audio live stream of the call will be available on the internet, and participants are encouraged to pre-register online, in advance of t.
Equitrans Midstream CEO Thomas Karam joins 'Closing Bell Overtime' to discuss the new U.S. debt ceiling deal, ongoing permitting debates on Capitol Hill, and more.
Natural gas name Equitrans Midstream CorpĀ (NYSE:ETRN) is up 1.1% to trade at $9.31 at last check, while boasting a 38.1% year-to-date lead.
Equitrans Midstream Corp. NYSE: ETRN got some fuel from D.C. politicians, climbing 40% for the week as its Mountain Valley Pipeline project looks set for completion as part of the debt ceiling deal.
Equitrans Midstream Corporation is a natural gas-focused midstream company operating in the Marcellus and Utica Shale plays. Equitrans Midstream enjoys remarkably stable cash flows due to its contract-based business model. The company is well-positioned for growth and should be helped by a provision in the debt ceiling deal.
This natural gas pipeline company just got a major boost in D.C. Analysts believe this EV charging company can execute successfully on its business model.
Equitrans Midstream Corp.'s stock recently traded 36% higher on Tuesday as investors reacted to a debt-ceiling bill's inclusion of a provision that would allow for expedited completion of the company's Mountain Valley Pipeline.
Equitrans Midstream (NYSE: ETRN ) stock is surging higher by more than 35% today after President Joe Biden and House Speaker Kevin McCarthy agreed to a federal debt ceiling deal over the weekend. The resolution, which includes stipulations to approve the construction, completion and maintenance of Equitrans' Mountain Valley Pipeline (MVP) project, would be extremely beneficial for ETRN stock.
The current version of a bill to raise the U.S. debt limit includes provisions to approve permits for the Mountain Valley Pipeline. If the permitting provisions are approved, Equitrans stands to see significant benefits.
Equitrans Midstream (ETRN) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.14 per share a year ago.