Equitrans Midstream (NASDAQ:ETRN) posted its quarterly earnings results on Tuesday. The company reported $0.94 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.52, Fidelity Earnings reports. The company had revenue of $408.34 million for the quarter, compared to the consensus estimate of $409.00 million.
NASDAQ ETRN traded down $0.57 during trading on Friday, hitting $12.31. 4,269,800 shares of the company’s stock traded hands, compared to its average volume of 2,289,056. Equitrans Midstream has a 12-month low of $12.21 and a 12-month high of $23.47. The business has a 50 day moving average of $14.25 and a 200-day moving average of $17.04.
The firm also recently disclosed a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Wednesday, November 13th will be issued a dividend of $0.45 per share. The ex-dividend date is Tuesday, November 12th.
Equitrans Midstream Company Profile
Equitrans Midstream Corp. is a wholly-owned subsidiary of EQT. It doesn’t have business operations. The company was founded on February 21, 2018 and is headquartered in Canonsburg, PA.
Further Reading: What are the reasons investors use put options?
Receive News & Ratings for Equitrans Midstream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equitrans Midstream and related companies with MarketBeat.com's FREE daily email newsletter.