GSA Capital Partners LLP Invests in Equitrans Midstream Co. in 4th Quarter
June 25, 2023
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Equitrans Midstream ($NYSE:ETRN) Co. is a rising midstream energy company that operates and develops natural gas infrastructure networks. The company, based in Pennsylvania, is committed to providing safe and reliable energy delivery, and has become one of the fastest growing midstream companies in the United States. This investment from GSA Capital Partners LLP marks a major milestone for Equitrans Midstream Co. The investment provides additional capital that can be used for continued expansion and strategic acquisitions.
The firm is now well-positioned to capitalize on current market trends and continue to drive growth in the midstream energy sector. With its strong balance sheet and growing customer base, Equitrans Midstream Co. is confident it will benefit from this investment.
Share Price
This strategic move for the equity investment firm resulted in Equitrans Midstream Co. stock opening at $9.5 and closing at $9.4, a slight decrease of 0.8% from the prior closing price of $9.5. This investment marks a further step for Equitrans Midstream Co., which continues to strive to increase its presence in the market and ensure long-term success for its investors. 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 |
| 1.39k | -327.31 | 23.8% |
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 |
| -6.3% | -12.1% | 10.5% |
| FCF Margin | ROE | ROA |
| 33.7% | 5.7% | 0.9% |
Analysis
As GoodWhale, we performed an analysis of EQUITRANS MIDSTREAM‘s wellbeing. Based on the Star Chart, EQUITRANS MIDSTREAM is classified as a ‘sloth’, a type of company that has achieved slower revenue or earnings growth than the overall economy. Investors interested in such a company might be seeking stability and yield, as well as the potential for long-term capital appreciation and income. EQUITRANS MIDSTREAM is strong in dividend, medium in growth, profitability and weak in asset. Its intermediate health score of 6/10 with regard to cashflows and debt might signify that it can safely ride out any crisis without the risk of bankruptcy. We believe EQUITRANS MIDSTREAM is an attractive option for investors who are looking for stability and yield. 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
Equitrans Midstream has seen increased investor attention in the last quarter, with GSA Capital Partners LLP taking a new position in the company. Analysists recommend that investors look carefully at the company’s financial performance and fundamentals in order to make informed decisions when investing in Equitrans Midstream. The company’s current financial standing should be taken into account, along with their strategic plans for the future.
Additionally, potential investors should consider the general industry trends and changes that could affect the profitability of the stock. Equitrans Midstream’s competitive landscape should also be taken into account when assessing the potential of an investment in the company. Ultimately, investors should conduct thorough research before making any investment decisions related to Equitrans Midstream.
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