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Equitrans Midstream Corporation Reports Q1 2023 Net Income of $106.1 Million

Equitrans Midstream Corporation Reports Q1 2023 Net Income of $106.1 Million

Q1 2023 Revenue Reaches $376.3 Million, Reflecting Strong Performance

By USInMinutes
Published - Aug 01, 2023, 11:23 AM ET
Last Updated - Aug 01, 2023, 11:23 AM EDT

Equitrans Midstream Corporation,(EQTNP) a leading midstream energy company, has released its financial statements for the first quarter of 2023. The company reported a notable increase in net income and revenue compared to the same period last year.

Net Income/Loss

In the first quarter of 2023, Equitrans Midstream Corporation reported a net income of $106.1 million, showcasing a significant improvement over the net income of $98.9 million in the corresponding period of 2022. This represents a year-over-year increase of approximately 7%.

Revenue

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