ETRN:NYE-Equitrans Midstream Corporation (USD)

COMMON STOCK | Oil & Gas Midstream | NYE

Last Closing Price

USD 8.43

Change

-0.11 (-1.29)%

Market Cap

USD 3.69B

Volume

1.05M

Average Target Price

USD 11.75 (+39.38%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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, Transmission, and Water. The Gathering System segment include 990 miles of high-pressure gathering lines with compression of approximately 445,000 horsepower and multiple interconnect points; and approximately 920 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines. Its Transmission and Storage System segment comprises 950 miles of FERC regulated interstate pipeline that connects to seven interstate pipelines and local distribution companies. The Water System segment include two independent systems comprised approximately 180 miles of pipeline that deliver fresh water from the Monongahela River, the Ohio River, local reservoirs, and various regional waterways. Equitrans Midstream Corporation was founded in 2018 and is headquartered in Canonsburg, Pennsylvania.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-27 )

Largest Industry Peers for Oil & Gas Midstream

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ENB Enbridge Inc

+0.04 (+0.13%)

USD64.35B 43.83 12.07
EPD Enterprise Products Partners L..

-0.43 (-2.11%)

USD44.44B 9.22 9.05
TRP TC Energy Corporation

+0.19 (+0.42%)

USD42.36B 16.22 8.43
KMI Kinder Morgan, Inc

-0.10 (-0.67%)

USD33.62B 303.06 9.66
TNCAF TC Energy Corporation

N/A

USD32.61B N/A N/A
ETP-PE Energy Transfer Operating, L.P

N/A

USD26.64B N/A N/A
WMB The Williams Companies, Inc

-0.16 (-0.74%)

USD26.24B 121.46 16.14
MPLX MPLX LP

-0.61 (-2.74%)

USD23.16B 12.33 210.25
CQP Cheniere Energy Partners, L.P

-0.29 (-0.74%)

USD19.04B 17.10 12.85
ET Energy Transfer LP

-0.13 (-2.00%)

USD17.51B 9.72 10.25

ETFs Containing ETRN

Symbol Name Weight Mer Price(Change) Market Cap
DES WisdomTree U.S. SmallCap .. 0.00 % 0.38 %

-0.13 (-0.51%)

USD1.29B
MLPX Global X MLP & Energy Inf.. 0.00 % 0.45 %

-0.34 (-1.22%)

USD0.45B
ZJN:CA BMO Junior Gas Index ETF 0.00 % 0.55 %

N/A

USD2.12M
USAI Pacer American Energy Ind.. 0.00 % 0.75 %

-0.31 (-1.66%)

USD0.01B
DESD:LSE WisdomTree Issuer ICAV - .. 0.00 % 0.38 %

N/A

USD9.37M
DESE:LSE WisdomTree Issuer ICAV - .. 0.00 % 0.38 %

N/A

USD7.63M
WTEC:F WisdomTree US SmallCap Di.. 0.00 % 0.38 %

N/A

USD7.63M
WTEC:XETRA WisdomTree Issuer ICAV - .. 0.00 % 0.38 %

N/A

USD7.63M

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas Midstream)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -36.90% 38% F 10% F
Dividend Return 6.74% 57% F 93% A
Total Return -30.16% 38% F 12% F
Trailing 12 Months  
Capital Gain -15.45% 68% D+ 23% F
Dividend Return 9.03% 73% C 96% A
Total Return -6.42% 71% C- 30% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -23.38% N/A N/A 3% F
Dividend Return 3.95% N/A N/A 77% C+
Total Return -19.43% N/A N/A 4% F
Risk Return Profile  
Volatility (Standard Deviation) 23.61% N/A N/A 32% F
Risk Adjusted Return -82.31% N/A N/A 4% F
Market Capitalization 3.69B 72% C- 71% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas Midstream)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 150.21 8% F 4% F
Price/Book Ratio 1.17 40% F 60% D-
Price / Cash Flow Ratio 3.78 53% F 65% D
EV/EBITDA 12.55 20% F 51% F
Management Effectiveness  
Return on Equity 3.27% 43% F 44% F
Return on Invested Capital 16.83% 94% A 88% B+
Return on Assets 4.81% 65% D 79% C+
Debt to Equity Ratio 940.14% 4% F 2% F
Technical Ratios  
Short Ratio 4.87 25% F 20% F
Short Percent 5.97% 15% F 44% F
Beta 2.38 31% F 6% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.