Equitrans Midstream Intrinsic Value Calculator – EQUITRANS MIDSTREAM Reports Fourth Quarter Fiscal Year 2022 Earnings Results.
March 5, 2023
Earnings report
Equitrans Midstream Intrinsic Value Calculator – EQUITRANS MIDSTREAM ($NYSE:ETRN) reported their earnings results for the fourth quarter of their fiscal year 2022, which ended on December 31, 2022. The company achieved impressive results with total revenues of USD 80.6 million, a 105.1% increase from the same quarter in the previous fiscal year. Moreover, the company reported a net income of USD 355.2 million, a 44.0% increase from the same quarter in the previous fiscal year.
This report was released on February 21, 2023 and is considered to be a successful quarter for EQUITRANS MIDSTREAM. The company has experienced strong growth and these results reflect that increasing success. The company will continue to use their strong financial performance to further invest in their infrastructure, providing even more opportunities for growth.
Stock Price
At the close of the market, their stock had dropped by 6.0% from its prior closing price of $6.5, opening at $6.4 and closing at $6.1. The company also announced that they are continuing to pursue a disciplined capital expenditure strategy, investing in strategic projects with high returns, while also returning excess capital to shareholders in the form of share buybacks and dividends. As EQUITRANS MIDSTREAM moves forward, they are confident that their strategy and investments will position them for long-term growth and success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Equitrans Midstream. More…
| Total Revenues | Net Income | Net Margin |
| 1.36k | -327.85 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Equitrans Midstream. More…
| Operations | Investing | Financing |
| 845.77 | -567.04 | -345.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Equitrans Midstream. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.45k | 8.37k | 3.8 |
Key Ratios Snapshot
Some of the financial key ratios for Equitrans Midstream are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.9% | -11.7% | 10.6% |
| FCF Margin | ROE | ROA |
| 34.6% | 5.5% | 0.9% |
Analysis – Equitrans Midstream Intrinsic Value Calculator
At GoodWhale, we use our proprietary Valuation Line to analyze EQUITRANS MIDSTREAM‘s fundamental data and calculate its estimated fair value. After carefully evaluating the company’s performance and growth prospects, our results suggest that the fair value of EQUITRANS MIDSTREAM shares is around $6.7. At the moment, the stock is trading at $6.1, making it a great buy opportunity for investors, as it is undervalued by 8.9%. We believe that investors who are looking for a long-term investment should seriously consider EQUITRANS MIDSTREAM stocks. More…
Peers
The competition between Equitrans Midstream Corp and its competitors is fierce. Williams Companies Inc, EQT Corp, and Antero Midstream Corp are all major players in the industry, and each company is striving to be the best.
– Williams Companies Inc ($NYSE:WMB)
The Williams Companies, Inc. is an American energy company that engages in natural gas processing and transportation, as well as gathering and storing natural gas. The company operates through three segments: Williams Partners, Williams NGL, and Other. The Williams Partners segment provides natural gas transportation services to customers in the United States. The Williams NGL segment engages in the transportation, storage, fractionation, and marketing of natural gas liquids. The Other segment includes the company’s equity investments, and other activities. The Williams Companies was founded in 1908 and is headquartered in Tulsa, Oklahoma.
– EQT Corp ($NYSE:EQT)
EQT Corporation is a publicly traded natural gas company with a market capitalization of $13.99 billion as of 2022. The company has a return on equity of -5.33%. EQT Corporation is engaged in the exploration, development, and production of natural gas and oil in the United States. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.
– Antero Midstream Corp ($NYSE:AM)
Antero Midstream Corporation is a publicly traded company with a market capitalization of $4.93 billion as of March 2022. The company focuses on the development and operation of midstream energy infrastructure assets in the Appalachian Basin. The company’s assets include natural gas gathering, natural gas processing, water handling and treatment, and crude oil gathering and logistics. Antero Midstream’s return on equity was 17.29% as of March 2022.
Summary
D e s p i t e t h i s i m p r e s s i v e s u c c e s s , t h e s t o c k p r i c e t o o k a d o w n t u r n w h e n t h e r e p o r t w a s r e l e a s e d , l i k e l y d u e t o i n v e s t o r c a u t i o n w h e n i t c o m e s t o i n v e s t i n g d e c i s i o n . F o r i n v e s t o r s w i l l i n g t o t a k e o n m o r e r i s k , E q u i t r a n s M i d s t r e a m a p p e a r s t o b e a v i a b l e o p t i o n a s t h e c o m p a n y c o n t i n u e s t o g r o w a n d s h o w s t r o n g f i n a n c i a l r e s u l t s.
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