7Baggers
Quarterly
Annual
    Unit: USD2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-01-01 
      
    		                         
      assets
    		                         
      current assets:
    		                         
      cash and cash equivalents
    		141,879,000 51,287,000 258,877,000 180,609,000 107,072,000 52,496,000 67,898,000 48,067,000 114,521,000 41,607,000 134,661,000 194,245,000 242,637,000 231,911,000 208,023,000 182,530,000 202,348,000 75,964,000 88,322,000 153,756,000 25,501,000 29,049,000 294,172,000 184,102,000 294,172,000 
      accounts receivable
    		237,752,000 242,017,000 258,264,000 240,006,000 237,630,000 225,703,000 246,887,000 230,932,000 227,585,000 231,985,000 252,301,000 238,542,000 254,890,000 288,748,000 290,446,000 263,657,000 238,476,000 253,161,000 255,344,000 243,540,000 282,805,000 265,137,000 255,496,000 58,358,000 255,496,000 
      other current assets
    		71,339,000 68,693,000 78,356,000 67,210,000 71,012,000 43,042,000 74,917,000 53,109,000 49,575,000 52,306,000 59,867,000 53,047,000 53,039,000 51,587,000 63,268,000 86,855,000 62,350,000 39,308,000 31,546,000 24,885,000 24,968,000 16,835,000 19,171,000 10,318,000 19,171,000 
      total current assets
    		450,970,000 361,997,000 595,497,000 487,825,000 415,714,000 321,241,000 389,702,000 332,108,000 391,681,000 325,898,000 446,829,000 485,834,000 550,566,000 572,246,000 561,737,000 533,042,000 503,174,000 368,433,000 375,212,000 422,181,000 333,274,000 311,021,000 568,839,000 420,259,000 568,839,000 
      property, plant and equipment
    		9,920,776,000 9,831,728,000 9,745,298,000 9,633,507,000 9,528,396,000 9,450,553,000 9,365,051,000 9,271,014,000 9,166,128,000 9,061,829,000 9,004,602,000 8,929,199,000 8,852,220,000 8,892,078,000 8,835,652,000 8,782,420,000 8,690,186,000 8,573,862,000 8,583,124,000 8,439,361,000 8,165,435,000 6,658,545,000 6,469,846,000 6,138,895,000 6,469,846,000 
      less: accumulated depreciation
    		-1,895,901,000 -1,823,590,000 -1,752,914,000 -1,684,025,000 -1,617,527,000 -1,549,810,000 -1,480,720,000 -1,412,301,000 -1,343,686,000 -1,278,247,000 -1,217,099,000 -1,155,982,000 -1,090,105,000 -1,076,120,000 -1,007,756,000 -943,687,000 -883,251,000 -823,100,000 -859,157,000 -824,931,000 -785,176,000 -651,032,000 -602,199,000 -518,718,000 -602,199,000 
      net property, plant and equipment
    		8,024,875,000 8,008,138,000 7,992,384,000 7,949,482,000 7,910,869,000 7,900,743,000 7,884,331,000 7,858,713,000 7,822,442,000 7,783,582,000 7,787,503,000 7,773,217,000 7,762,115,000 7,815,958,000 7,827,896,000 7,838,733,000 7,806,935,000 7,750,762,000 7,723,967,000 7,614,430,000 7,380,259,000 6,007,513,000 5,867,647,000 5,620,177,000 5,867,647,000 
      investment in unconsolidated entity
    		2,375,313,000 2,194,117,000 1,832,282,000     784,384,000 1,325,673,000 1,278,992,000  3,089,091,000 2,971,729,000 2,870,219,000  2,722,081,000 2,592,432,000 2,465,827,000 2,324,108,000 2,227,321,000 2,066,330,000 1,673,325,000 1,510,289,000 1,300,430,000 1,510,289,000 
      goodwill
    		486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 486,698,000 1,070,363,000 1,347,138,000 1,239,269,000 1,239,269,000 1,384,872,000 1,239,269,000 
      net intangible assets
    		489,724,000 505,928,000 522,133,000 538,338,000 554,543,000 570,747,000 586,952,000 603,157,000 619,362,000 635,567,000 651,771,000 667,976,000 684,180,000 700,385,000 716,590,000 732,795,000 749,000,000 765,205,000 797,439,000 812,020,000 868,965,000 565,726,000 576,113,000 586,500,000 576,113,000 
      other assets
    		292,893,000 291,963,000 280,432,000 279,318,000 268,987,000 267,697,000 278,159,000 321,444,000 316,074,000 307,965,000 308,924,000 365,586,000 351,043,000 343,341,000 336,615,000 317,331,000 307,012,000 307,356,000 243,688,000 238,719,000 237,008,000 216,216,000 164,357,000 157,071,000 164,357,000 
      total assets
    		12,120,473,000 11,848,841,000 11,709,426,000 11,032,657,000 10,727,013,000 10,399,132,000 10,445,585,000 10,386,504,000 10,961,930,000 10,818,702,000 10,920,764,000 12,868,402,000 12,806,331,000 12,788,847,000 12,725,852,000 12,630,680,000 12,445,251,000 12,189,677,000 12,041,709,000 12,575,988,000 12,436,453,000 10,275,372,000 10,523,835,000 9,942,784,000 10,523,835,000 
      liabilities, mezzanine equity and shareholders' equity
    		                         
      current liabilities:
    		                         
      current portion of long-term debt
    		299,962,000 299,846,000 299,731,000 299,616,000  98,882,000 98,830,000 98,941,000           6,000,000 6,000,000 6,000,000 6,000,000 6,000,000  6,000,000 
      accounts payable
    		60,822,000 51,872,000 60,884,000 53,998,000 49,496,000 43,923,000 60,528,000 51,177,000 61,286,000 47,649,000 59,627,000 64,226,000 61,811,000 67,663,000 72,098,000 101,134,000 111,710,000 109,151,000 128,114,000 172,958,000 181,077,000 142,546,000 210,007,000 133,569,000 210,007,000 
      capital contributions payable to the mvp joint venture
    		73,916,000 46,835,000 181,051,000 126,564,000 209,779,000 31,667,000 34,355,000 40,989,000 46,187,000 39,159,000 72,188,000 108,231,000 93,926,000 72,995,000 10,723,000 127,626,000 124,523,000 87,647,000        
      accrued interest
    		146,791,000 95,200,000 134,330,000 91,452,000 133,376,000 92,165,000 135,762,000 94,534,000 136,653,000 77,097,000 151,909,000 77,298,000 154,483,000 79,257,000 126,191,000 67,863,000 79,312,000 44,662,000 73,455,000 41,258,000 73,753,000 41,408,000 80,236,000 46,165,000 80,236,000 
      accrued liabilities
    		80,845,000 82,457,000 106,870,000 79,300,000 69,208,000 46,215,000 83,835,000 59,782,000 56,290,000 43,814,000 83,852,000 68,484,000 62,307,000 44,909,000 83,366,000 73,187,000 87,023,000 51,677,000 83,238,000 77,005,000 76,847,000 46,939,000 84,011,000 21,149,000 84,011,000 
      total current liabilities
    		662,336,000 576,210,000 782,866,000 650,930,000 461,859,000 312,852,000 413,310,000 541,243,000 300,416,000 207,719,000 367,576,000 318,239,000 372,527,000 574,824,000 594,878,000 672,310,000 402,568,000 293,137,000 335,957,000 558,310,000 693,900,000 393,305,000 549,456,000 958,252,000 549,456,000 
      long-term liabilities:
    		                         
      revolving credit facility borrowings
    		985,000,000 850,000,000 1,230,000,000 840,000,000 570,000,000 492,500,000 535,000,000 395,000,000 420,500,000 448,000,000 505,000,000 645,000,000 650,000,000 485,000,000 485,000,000 485,000,000 787,500,000 1,722,500,000        
      long-term debt
    		6,643,220,000 6,640,152,000 6,046,709,000 6,044,044,000 6,340,880,000 6,338,100,000 6,335,320,000 6,332,378,000 6,428,449,000 6,437,703,000 6,434,945,000 6,432,186,000 6,429,428,000 6,426,670,000 6,443,312,000 6,440,628,000 6,438,041,000   562,389,000 562,295,000 562,200,000 562,105,000   
      contract liability
    		1,414,183,000 1,358,238,000 1,296,039,000 1,211,919,000 1,129,599,000 1,046,787,000 968,535,000 886,126,000 997,002,000 907,994,000 821,342,000 622,992,000 545,298,000 470,769,000 398,750,000 321,775,000 247,188,000 173,005,000        
      deferred income taxes
    		38,543,000 26,254,000                45,396,000 90,597,000 190,954,000 203,479,000 212,302,000 597,321,000 473,475,000 597,321,000 
      regulatory and other long-term liabilities
    		173,860,000 181,820,000 165,695,000 131,370,000 124,875,000 107,033,000 112,974,000 108,272,000 96,742,000 97,156,000 99,333,000 98,870,000 98,122,000 97,759,000 94,902,000 95,889,000 97,484,000 96,621,000 99,189,000 98,331,000 103,258,000 89,837,000 54,502,000 31,819,000 54,502,000 
      total liabilities
    		9,917,142,000 9,632,674,000 9,521,309,000 8,878,263,000 8,627,213,000 8,297,272,000 8,365,139,000 8,263,019,000 8,243,109,000 8,098,572,000 8,228,196,000 8,527,415,000 8,479,623,000 8,426,552,000 8,362,738,000 8,309,185,000 8,228,119,000 7,145,359,000 6,759,629,000 6,634,738,000 6,191,276,000 5,598,323,000 5,264,202,000 4,467,367,000 5,264,202,000 
      mezzanine equity:
    		                         
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of june 30, 2024 and december 31, 2023
    		687,730,000                         
      shareholders' equity:
    		                         
      common stock
    		3,983,145,000 3,982,574,000 3,977,149,000 4,009,368,000 4,001,030,000 3,977,177,000 3,974,127,000 3,969,591,000 3,965,058,000 3,960,588,000 3,957,756,000 3,952,896,000 3,949,592,000 3,945,957,000 3,941,295,000 3,955,934,000 3,952,672,000 1,297,304,000 1,292,804,000 1,381,092,000 1,381,810,000 1,378,673,000 425,370,000  425,370,000 
      retained deficit
    		-2,922,171,000 -2,904,491,000 -2,932,206,000 -3,000,865,000 -3,047,267,000 -3,031,657,000 -3,053,590,000 -3,003,848,000 -2,417,011,000 -2,407,250,000 -2,428,171,000 -770,769,000 -778,153,000 -735,888,000 -728,959,000 -781,363,000 -866,084,000 -858,440,000        
      accumulated other comprehensive loss
    		-1,232,000 -1,252,000 -1,272,000 -1,266,000 -1,288,000 -1,310,000 -1,332,000 -1,950,000 -1,986,000 -2,020,000 -2,054,000 -2,126,000 -2,160,000 -2,195,000 -2,229,000 -1,936,000 -1,966,000 -1,996,000 -2,026,000 -1,761,000 -1,782,000 -1,804,000 -1,509,000  -1,509,000 
      total common shareholders' equity
    		1,059,742,000 1,076,831,000 1,043,671,000 1,007,237,000 952,475,000 944,210,000 919,205,000 963,793,000 1,546,061,000 1,551,318,000 1,527,531,000 3,180,001,000 3,169,279,000 3,207,874,000 3,210,107,000 3,172,635,000 3,084,622,000 436,868,000 672,716,000 1,145,081,000 1,326,237,000 1,363,165,000 457,793,000  457,793,000 
      noncontrolling interest
    		455,859,000 457,494,000 462,604,000 465,315,000 465,483,000 475,808,000                    
      total shareholders' equity
    		1,515,601,000 1,534,325,000 1,506,275,000 1,472,552,000 1,417,958,000 1,420,018,000 1,398,604,000 1,441,643,000 2,036,979,000 2,038,288,000 2,010,726,000 3,659,145,000 3,644,866,000 3,680,453,000 3,681,272,000 3,639,653,000 3,547,667,000 5,044,318,000 5,282,080,000 5,941,250,000 6,245,177,000 4,677,049,000 5,259,633,000  5,259,633,000 
      total liabilities, mezzanine equity and shareholders' equity
    		12,120,473,000 11,848,841,000 11,709,426,000 11,032,657,000 10,727,013,000 10,399,132,000 10,445,585,000 10,386,504,000 10,961,930,000 10,818,702,000 10,920,764,000 12,868,402,000 12,806,331,000 12,788,847,000 12,725,852,000 12,630,680,000 12,445,251,000         
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of march 31, 2024 and december 31, 2023
    		 681,842,000                        
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of december 31, 2023 and 2022
    		  681,842,000                       
      investments in unconsolidated entities
    		   1,290,996,000 1,090,202,000 852,006,000 819,743,000                   
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of september 30, 2023 and december 31, 2022
    		   681,842,000                      
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of june 30, 2023 and december 31, 2022
    		    681,842,000                     
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of march 31, 2023 and december 31, 2022
    		     681,842,000                    
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of december 31, 2022 and 2021
    		      681,842,000                   
      noncontrolling interests
    		      479,399,000 477,850,000 490,918,000 486,970,000 483,195,000 479,144,000 475,587,000 472,579,000 471,165,000 467,018,000 463,045,000 4,607,450,000 4,609,364,000 4,796,169,000 4,918,940,000 3,313,884,000 4,801,840,000 5,217,217,000 4,801,840,000 
      eqt cash option
    		       195,820,000                  
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of september 30, 2022 and december 31, 2021
    		       681,842,000                  
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of june 30, 2022 and december 31, 2021
    		        681,842,000                 
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of march 31, 2022 and december 31, 2021
    		         681,842,000                
      investments in unconsolidated entity
    		          1,239,039,000    2,796,316,000           
      current portion of revolving credit facility borrowings
    		             310,000,000            
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of december 31, 2021 and 2020
    		          681,842,000               
      deferred income tax liability
    		           410,128,000 384,248,000 371,530,000  293,583,000 255,338,000         
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of september 30, 2021 and december 31, 2020
    		           681,842,000              
      equitrans midstream preferred shares, 30,018 shares issued and outstanding as of june 30, 2021 and december 31, 2020
    		            681,842,000             
      equitrans midstream preferred shares, 30,018 and 30,018 shares issued and outstanding as of march 31, 2021 and december 31, 2020, respectively
    		             681,842,000            
      current portion of revolving credit facility borrowings and long-term debt
    		              302,500,000 302,500,000          
      equitrans midstream preferred shares, 30,018 and 0 shares issued and outstanding as of december 31, 2020 and 2019, respectively
    		              681,842,000           
      deferred income tax asset
    		                         
      equitrans midstream preferred shares, 30,018 and 0 shares issued and outstanding as of september 30, 2020 and december 31, 2019, respectively
    		               681,842,000          
      equitrans midstream preferred shares, 30,018 and 0 shares issued and outstanding as of june 30, 2020 and december 31, 2019, respectively
    		                669,465,000         
      liabilities and equity
    		                         
      eqm long-term debt
    		                 4,860,096,000 4,859,499,000 4,858,208,000     3,456,639,000 
      equity:
    		                         
      total liabilities and shareholders' equity
    		                 12,189,677,000 12,041,709,000 12,575,988,000 12,436,453,000 10,275,372,000 10,523,835,000  10,523,835,000 
      liabilities and shareholders' equity
    		                         
      capital contribution payable to the mvp joint venture
    		                  45,150,000 261,089,000 356,223,000 156,412,000 169,202,000 463,733,000 169,202,000 
      credit facility borrowings
    		                  902,500,000 557,500,000 1,372,500,000 1,095,000,000 641,500,000 22,000,000 641,500,000 
      equitrans midstream long-term debt
    		                  562,484,000      562,105,000 
      retained (deficit) earnings
    		                  -618,062,000 -234,250,000 -53,791,000    33,932,000 
      eqm senior notes
    		                    3,459,323,000 3,457,981,000 3,456,639,000 3,455,296,000  
      restricted cash
    		                     50,000,000    
      retained earnings
    		                     -13,704,000 33,932,000   
      parent net investment
    		                       258,200,000  
      accounts receivable — affiliate
    		                       167,481,000  
      due to affiliate
    		                       293,636,000  
      total equity
    		                       5,475,417,000  
      total liabilities and equity
    		                       9,942,784,000  
      balance at january 1, 2017
    		                       -66,300,000  
      net income
    		                       99,969,000  
      net distributions to eqt
    		                       -730,716,000  
      equity-based compensation plans
    		                       261,000  
      distributions to noncontrolling interest unitholders
    		                         
      balance at september 30, 2017
    		                       -696,786,000  
      balance at january 1, 2018
    		                       1,143,769,000  
      purchase of strike force midstream llc noncontrolling interests
    		                       1,818,000  
      net changes in ownership of combined consolidated entities
    		                       -157,951,000  
      balance at september 30, 2018
    		                       258,200,000  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.