Equitrans Midstream Announces Quarterly Dividends

Rhea-AI Summary

Equitrans Midstream Corporation (NYSE: ETRN) announced a quarterly cash dividend of $0.15 per common share and $0.4873 per share of Series A Preferred Stock for Q2 2022. These dividends will be paid on August 12, 2022, to shareholders of record by August 3, 2022. ETRN operates in the Appalachian Basin as a major natural gas gatherer and focuses on gas transmission, storage, and supporting water services. The company aims to provide sustainable energy solutions while enhancing community welfare.

Positive

• Quarterly cash dividend of $0.15 per common share and $0.4873 per Series A Preferred Stock reflects strong shareholder returns.
• Strategically located assets in the Appalachian Basin position ETRN as a key player in natural gas gathering.

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 second quarter 2022. The dividends will be paid on August 12, 2022, to all applicable ETRN shareholders of record at the close of business on August 3, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220722005342/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 ETRN for Q2 2022?

Equitrans declared a quarterly cash dividend of $0.15 per common share for Q2 2022.

When will ETRN's dividends be paid?

The dividends will be paid on August 12, 2022.

What is the record date for ETRN's dividends?

The record date for the dividends is August 3, 2022.

What is the significance of ETRN's dividend announcement?

The dividend announcement signifies the company's commitment to returning value to shareholders.