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Equitrans Midstream Corporation (NYSE: ETRN) declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for Q1 2023. The dividends will be distributed on May 15, 2023, to shareholders on record by May 5, 2023. Equitrans holds a significant position in the Appalachian Basin and is a leading natural gas gatherer in the U.S. The company, which was established as a standalone entity in 2018, focuses on gas transmission, storage systems, and water services to support natural gas production. Through its operations, Equitrans aims to meet the rising demand for clean energy while adhering to strong environmental, social, and governance (ESG) principles.
Positive
Quarterly cash dividend of $0.15 per common share announced.
Dividend per Series A Preferred Stock set at $0.4873.
Strong operational focus on gas transmission and storage in key markets.
Negative
None.
CANONSBURG, Pa.--(BUSINESS WIRE)--
Equitrans Midstream Corporation (NYSE: ETRN) today declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the first quarter 2023. The dividends will be paid on May 15, 2023, to all applicable ETRN shareholders of record at the close of business on May 5, 2023.
About Equitrans Midstream Corporation:
Equitrans Midstream Corporation has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located infrastructure assets in the Marcellus and Utica regions, Equitrans has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 140-year history in the energy industry, Equitrans was launched as a standalone company in 2018 with a vision to be the premier midstream services provider in North America. While working to meet America's growing need for clean-burning energy, Equitrans is proud of its environmental, social, and governance (ESG) practices, striving every day to preserve and protect the environment, provide an engaging workplace for its employees, support and enrich its local communities, and to deliver sustained value for customers and shareholders.
