Equitrans Midstream Announces Quarterly Dividends

Rhea-AI Summary

Equitrans Midstream Corporation (NYSE: ETRN) announced quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for Q1 2022. The dividends will be paid on May 13, 2022, to shareholders of record on May 4, 2022. ETRN holds a strategic asset footprint in the Appalachian Basin, focusing on gas transmission and storage systems, among other services. The company aims to meet the growing clean energy demand while fostering community engagement.

Positive

• Quarterly cash dividend of $0.15 per common share announced.
• Dividend payout helps reinforce investor confidence.
• Strategic asset footprint enhances operational capabilities.

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 2022. The dividends will be paid on May 13, 2022, to all applicable ETRN shareholders of record at the close of business on May 4, 2022.

About Equitrans Midstream Corporation:

Equitrans Midstream Corporation (ETRN) 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 assets in the Marcellus and Utica regions, ETRN 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 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.

For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.

Source: Equitrans Midstream Corporation

View source version on businesswire.com: https://www.businesswire.com/news/home/20220426006085/en/

Analyst inquiries:

Nate Tetlow – Vice President, Corporate Development and Investor Relations

412.553.5834

ntetlow@equitransmidstream.com

Media inquiries:

Natalie A. Cox – Communications and Corporate Affairs

412.395.3941

ncox@equitransmidstream.com

Source: Equitrans Midstream Corporation

FAQ

What is the dividend amount declared by Equitrans Midstream Corporation for Q1 2022?

Equitrans Midstream Corporation declared a dividend of $0.15 per common share for Q1 2022.

When will the dividends be paid to ETRN shareholders?

The dividends will be paid on May 13, 2022, to shareholders of record at the close of business on May 4, 2022.

What is the dividend for Series A Perpetual Convertible Preferred Stock?

The dividend for Series A Perpetual Convertible Preferred Stock is $0.4873 per share.

How does Equitrans Midstream Corporation support clean energy?

Equitrans aims to meet the growing demand for clean energy through natural gas transmission and storage services in the Appalachian Basin.