Equitrans Midstream rises after beating Q4 profit estimates

Equitrans Midstream

20/02/2024 13:14

** Shares of oil and gas transportation firm Equitrans
Midstream Corp  ETRN.N  up 2.18% at $10.76 premarket
    ** Company posts Q4 adj EPS of $0.32 vs. est $0.20/shr -
LSEG
    ** Posts     Q4 adj. EBITDA of $271.9 mln vs. est $255.9 mln
- LSEG
    ** Reports Q4 revenue of $360.6 mln vs. est $366.8 mln -
LSEG
    ** Expects full-year 2024 adj. EBITDA in the range of $1.23
bln - $1.31 bln, higher than its 2023 adj. EBITDA of 1.05 bln
    ** ETRN was up ~51% in 2023

 (Reporting by Roshia Sabu in Bengaluru)
 ((Roshia.Sabu@thomsonreuters.com))