Name | Value |
---|---|
Revenues | 360.6M |
Cost of Revenue | 86.8M |
Gross Profit | 273.8M |
Operating Expense | 88.5M |
Operating I/L | 185.3M |
Other Income/Expense | -39.8M |
Interest Income | 0.0M |
Pretax | 145.5M |
Income Tax Expense | -4.5M |
Net Income/Loss | 148.9M |
Equitrans Midstream Corporation is a leading player in the natural gas industry, specializing in the ownership, operation, acquisition, and development of natural gas gathering, transmission, storage, and water services assets in the Appalachian Basin. The company's revenue streams are derived from three key segments: Gathering System, Transmission and Storage System, and Water Service System. The Gathering System includes high-pressure gathering lines, compression facilities, and low-pressure gathering lines. The Transmission and Storage System comprises FERC regulated interstate pipelines connecting to various interstate pipelines and local distribution companies. The Water Service System delivers fresh water from multiple sources to support the company's operations.