Equitrans Midstream Corporation (NYSE:ETRN) declared quarterly dividend of $ 0.15 per share, or $ 0.60 annualized.
The dividend will be payable on November 13, 2020, to stockholders of record on November 3, 2020, with an ex-dividend date of November 2, 2020.
|Date||Symbol||Company Name||Period||Value||Record Date||Payment Date||Exchange Date||displaynhide||day_navigation||week_navigation||month_navigation||Link||div_value|
Equitrans Midstream Corporation recently reported second quarter financial results on August 4, 2020, before market open, the Pittsburgh based company unwinded income for the second quarter of $ 0.22 per share, from the revenue of $ 340.59 million. The quarterly earnings lowered 62.07 percent while revenues lowered 16.15 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.37 per share from $ 352.44 million in revenue. The bottom line results missed street analysts by $ 0.15 or 40.54 percent, at the same time, top line results fell short of analysts by $ 11.85 million or 3.36 percent.
Shares of Equitrans Midstream Corporation traded up $ 0.05 or 0.60 percent on Friday, reaching $ 8.43 with volume of 1.80 million shares. The stock opened for the day at $ 8.38, after closing the previous day trading at $ 8.38.
According to the previous trading day, closing price of $ 8.38, representing a 123.47 % increase from the 52 week low of $ 3.75 and a 45.01 % decrease over the 52 week high of $ 15.24.
The company has a market capital of $ 3.65 billion and is part of the Energy sector and Oil & Gas Midstream industry.
Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. It operates through three segments: Gathering System, Transmission and Storage System, and Water System. The Gathering System segment include 700 miles of high-pressure gathering lines with compression of approximately 333,000 horsepower and multiple interconnect points; and approximately 1,500 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines.