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Equitrans Midstream (ETRN) Revenue & Revenue Breakdown

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Equitrans Midstream Revenue Highlights

Latest Revenue (Y)

$1.39B

Latest Revenue (Q)

$361.60M

Main Segment (Y)

Gas Transmission Segment

Equitrans Midstream Revenue by Period

Equitrans Midstream Revenue by Year

DateRevenueChange
2023-12-31$1.39B2.66%
2022-12-31$1.36B3.09%
2021-12-31$1.32B-12.83%
2020-12-31$1.51B-7.33%
2019-12-31$1.63B9.04%
2018-12-31$1.50B66.95%
2017-12-31$895.56M22.30%
2016-12-31$732.27M15.69%
2015-12-31$632.94M-

Equitrans Midstream generated $1.39B in revenue during NA 2023, up 2.66% compared to the previous quarter, and up 93.23% compared to the same period a year ago.

Equitrans Midstream Revenue by Quarter

DateRevenueChange
2024-06-30$361.60M-0.74%
2024-03-31$364.27M1.02%
2023-12-31$360.61M6.53%
2023-09-30$338.51M6.29%
2023-06-30$318.47M-15.38%
2023-03-31$376.34M5.94%
2022-12-31$355.24M7.08%
2022-09-30$331.75M0.96%
2022-06-30$328.61M-3.96%
2022-03-31$342.15M38.70%
2021-12-31$246.67M-27.89%
2021-09-30$342.07M-1.79%
2021-06-30$348.30M-8.34%
2021-03-31$380.00M3.51%
2020-12-31$367.12M4.89%
2020-09-30$350.00M2.76%
2020-06-30$340.59M-24.83%
2020-03-31$453.11M6.40%
2019-12-31$425.86M4.27%
2019-09-30$408.43M0.56%
2019-06-30$406.17M4.20%
2019-03-31$389.78M1.30%
2018-12-31$384.79M5.54%
2018-09-30$364.58M-2.70%
2018-06-30$374.70M0.99%
2018-03-31$371.03M26.90%
2017-12-31$292.38M41.73%
2017-09-30$206.29M3.96%
2017-06-30$198.44M-
2017-03-31$198.44M-

Equitrans Midstream generated $361.60M in revenue during Q2 2024, up -0.74% compared to the previous quarter, and up 96.08% compared to the same period a year ago.

Equitrans Midstream Revenue Breakdown

Equitrans Midstream Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Gas Gathering Segment$870.17M$2.47B$1.92B$1.98B$1.16B
Water Services$350.01M$346.16M$377.06M$302.03M$79.79M
Gas Transmission Segment$4.76B$4.80B$5.04B$3.98B$390.52M

Equitrans Midstream's latest annual revenue breakdown by segment (product or service), as of Dec 23: Gas Transmission Segment (79.60%), Gas Gathering Segment (14.55%), and Water Services (5.85%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Water Services$328.53M$340.64M-$372.77M$25.86M$353.13M$362.50M$371.88M$13.46M$375.50M$301.00M$14.10M$310.53M$318.01M$327.02M$12.37M$21.64M$27.73M$18.04M-
Gas Transmission Segment$4.58B$4.66B-$4.89B$111.09M$4.89B$4.95B$4.95B$105.00M$3.75B$3.84B$104.97M$4.07B$4.15B$4.11B$100.59M$87.30M$92.77M$109.86M-
Gas Gathering Segment$230.01M$224.64M-$2.43B$218.29M$2.51B$2.53B$1.90B$128.21M$1.94B$1.90B$248.05M$2.04B$2.13B$2.16B$312.89M$299.49M$285.67M$261.88M-
Minimum Volume Commitment Contract-----------$6.20M--------

Equitrans Midstream's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Gas Transmission Segment (89.13%), Water Services (6.39%), and Gas Gathering Segment (4.48%).

Equitrans Midstream Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PAAPlains All American Pipeline$48.74B$12.74B
PAGPPlains GP$48.71B$12.74B
TRGPTarga Resources$16.06B$3.85B
MPLXMPLX LP$10.68B$2.97B
ENLCEnLink Midstream$6.88B$1.61B
WESWestern Midstream Partners, LP$3.11B$905.63M
HESMHess Midstream LP$1.35B$378.50M

ETRN Revenue FAQ

What is Equitrans Midstream’s yearly revenue?

Equitrans Midstream's yearly revenue for 2023 was $1.39B, representing an increase of 2.66% compared to 2022. The company's yearly revenue for 2022 was $1.36B, representing an increase of 3.09% compared to 2021. ETRN's yearly revenue for 2021 was $1.32B, representing a decrease of -12.83% compared to 2020.

What is Equitrans Midstream’s quarterly revenue?

Equitrans Midstream's quarterly revenue for Q2 2024 was $361.6M, a -0.74% decrease from the previous quarter (Q1 2024), and a 13.54% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $364.27M, a 1.02% increase from the previous quarter (Q4 2023), and a -3.21% decrease year-over-year (Q1 2023). ETRN's quarterly revenue for Q4 2023 was $360.61M, a 6.53% increase from the previous quarter (Q3 2023), and a 1.51% increase year-over-year (Q4 2022).

What is Equitrans Midstream’s revenue growth rate?

Equitrans Midstream's revenue growth rate for the last 3 years (2021-2023) was 5.84%, and for the last 5 years (2019-2023) was -14.50%.

What are Equitrans Midstream’s revenue streams?

Equitrans Midstream's revenue streams in c 23 are Gas Gathering Segment, Water Services, and Gas Transmission Segment. Gas Gathering Segment generated $870.17M in revenue, accounting 14.55% of the company's total revenue, down -64.83% year-over-year. Water Services generated $350.02M in revenue, accounting 5.85% of the company's total revenue, up 1.11% year-over-year. Gas Transmission Segment generated $4.76B in revenue, accounting 79.60% of the company's total revenue, down -0.90% year-over-year.

What is Equitrans Midstream’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Equitrans Midstream was Gas Transmission Segment. This segment made a revenue of $4.76B, representing 79.60% of the company's total revenue.