How to Buy Equitrans Midstream Stock
Equitrans Midstream Corp
Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin.
Equitrans Midstream stock last closed at $12.89, up 0.23% from the previous day, and has increased 162.53% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 1.45 percentage points. Equitrans Midstream stock is currently +177.2% from its 52-week low of $4.65, and -1.6% from its 52-week high of $13.10.
There are currently 433.66M ETRN shares outstanding. The market value of ETRN is $5.59B. In the last 24 hours, 4.79M ETRN shares were traded.
How to Buy Equitrans Midstream Stock
Wondering how to invest in Equitrans Midstream stock? Here's how.
- Choose where to buy Equitrans Midstream stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Equitrans Midstream stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your info.
- Research Equitrans Midstream stock: The Equitrans Midstream ticker symbol is ETRN. Is Equitrans Midstream stock a good investment? Should you buy shares of ETRN? How do ETRN's underlying business fundamentals look? Do top analysts think Equitrans Midstream is a good buy? Why has ETRN's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ETRN is a good stock to buy).
- Place your ETRN trade: Decide if you will purchase ETRN shares at the current market price or use a limit order to buy ETRN stock at a particular price.
- Get updates on your investment in ETRN: Create a watchlist to monitor your new investment in Equitrans Midstream shares.
Step 1: Choose where to buy Equitrans Midstream stock
You will need a brokerage account in order to access the NYSE market and buy ETRN shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you can invest in ETRN today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on app for stock, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details transferring funds into your new investment account.
Step 4: Research Equitrans Midstream stock
Once you have selected the best place to buy Equitrans Midstream stock, it's important to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Overview of key ETRN info
Equitrans Midstream Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ETRN's stock page.
Is ETRN stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ETRN's fair value.
Using relative valuations methods:
- ETRN may be overvalued based on its P/E ratio of 14.48x, relative to Oil & Gas Midstream industry P/E ratio of 14.02x
- ETRN may be overvalued based on its P/B ratio of 5.36x, relative to Oil & Gas Midstream industry P/B ratio of 2.33x
You can access more valuation research on ETRN's stock here.
ETRN Financial Summary
Passed Financial Due Diligence Checks:
- Total ETRN debt is lower than 5 years ago, relative to shareholder equity.
- ETRN profit margin has gone up from -24.1% to 27.7% in the past year.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the ETRN balance sheet.
- ETRN earnings of $853.29M is not enough to cover its interest payments.
- There are more short-term liabilities than short-term assets on the ETRN balance sheet.
- ETRN has a relatively high debt to equity ratio of 9.12.
- ETRN's operating cash flow of $1.02B allows it to safely service it's debt of $7.58B.
Do analysts think it's a good time to buy Equitrans Midstream stock
Out of 4 sell side analysts who give ratings on ETRN, the consensus analyst rating on ETRN is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Equitrans Midstream stock forecast page.
ETRN Trading Indicators
Is ETRN Growing Revenue?
Last year, ETRN earnings were $386.72M. In the past 5 year, ETRN's earnings have increased by 0.69% per year. This was slower than the Oil & Gas Midstream industry average of 21.12%.
Last year, ETRN revenue was $1.39B. Over the last 5 year, ETRN's revenue has grown by -1.39% per year. This was slower than the Oil & Gas Midstream industry average of 7.44%.
Dive into ETRN's earnings and revenue performance here.
Latest Insiders Trades at ETRN
Over the last year, insiders at ETRN have bought more shares than they have sold.
Diana M. Charletta, President CEO of ETRN, was the latest ETRN insider to buy. They bought $1,575,035.70 worth of ETRN shares on Feb 26, 2024.
Get more info about who owns ETRN stock here.
Does ETRN stock generate passive income?
Equitrans Midstream pays a dividend of 4.65%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.94%. If you owned $1,000 worth of ETRN stock, you would have been paid $46.55 in the past 12 months.
Equitrans Midstream dividend payments have not consistently grown over the past 6 years and have not remained stable.
Find more info about Equitrans Midstream dividend yield and history here.
What others are saying about ETRN
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ETRN trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in ETRN
Now that you own some ETRN shares, you'll want to stay up-to-date on your new stock purchase.
Put ETRN on a watchlist to track the latest developments regarding your ETRN stock.
ETRN Feed
How to Buy Stock in Equitrans Midstream
To summarize, here are the 6 steps to buy Equitrans Midstream stock:
- Choose where to buy Equitrans Midstream stock
- Create a brokerage account
- Fund your brokerage account
- Research Equitrans Midstream stock
- Place your ETRN trade
- Get updates on your investment in ETRN
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Equitrans Midstream, hit the button below to create your watchlist.
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