Equitrans Midstream Corp traded at $12.42 this Friday July 19th, increasing $0.07 or 0.57 percent since the previous trading session. Looking back, over the last four weeks, Equitrans Midstream gained 5.98 percent. Over the last 12 months, its price rose by 34.13 percent. Looking ahead, we forecast Equitrans Midstream Corp to be priced at 12.04 by the end of this quarter and at 10.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
Equitrans Midstream Corporation is a natural gas gatherer in the United States. The Company provides midstream services to its customers in Pennsylvania, West Virginia, and Ohio. The Company operates through three segments: Gathering, Transmission and Water. It provides services through its primary assets, which consists of the gathering system that includes dry gas gathering systems of high-pressure gathering lines; the transmission system, which includes United States Federal Energy Regulatory Commission (FERC)-regulated interstate pipelines and storage systems; and the water service system, which consists of water pipelines, impoundment facilities, pumping stations, take point facilities and measurement facilities that support well completion activities and collect flowback and produced water for recycling or disposal. The Company provides natural gas gathering, transmission and storage services under contracts.