About Equitrans Midstream
Equitrans Midstream is a company based in Pittsburgh (United States) founded in 2018 was acquired by EQT in March 2024. It operates as a Managed Services. The company has 773 employees as of December 31, 2023. Equitrans Midstream has completed 1 acquisition, including EQM Midstream Partners. Equitrans Midstream offers products and services including Natural Gas Midstream Operations. Equitrans Midstream operates in a competitive market with competitors including Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others.
- Headquarter Pittsburgh, United States
- Employees 773 as on 31 Dec, 2023
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Equitrans Midstream Corporation
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Annual Revenue
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Net Profit
$537.95 M18as on Dec 31, 2016
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EBITDA
$589.64 M18as on Dec 31, 2016
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Latest Funding Round
$600 M (USD), Debt – Conventional
Dec 31, 2018
- Investors
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Employee Count
773
as on Dec 31, 2023
- Investments & Acquisitions
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Acquired by
EQT
(Mar 10, 2024)
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Products & Services of Equitrans Midstream
Equitrans Midstream offers a comprehensive portfolio of products and services, including Natural Gas Midstream Operations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Natural gas midstream services are provided in shale regions.
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Funding Insights of Equitrans Midstream
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $600.0M
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First Round
First Round
(31 Dec 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Debt – Conventional - Equitrans Midstream | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Equitrans Midstream
Equitrans Midstream has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include EQT Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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EQT Corporation is engaged in natural gas production and midstream operations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Equitrans Midstream
Equitrans Midstream has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EQM Midstream Partners. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Integrated midstream services are provided for natural gas infrastructure.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Equitrans Midstream
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Equitrans Midstream Comparisons
Competitors of Equitrans Midstream
Equitrans Midstream operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Shell is recognized as a global energy and petrochemical company.
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| domain | founded_year | HQ Location |
Energy production and transportation are conducted by Dominion Energy.
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| domain | founded_year | HQ Location |
Provider of exploration, production, and distribution services of oil & gas
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| domain | founded_year | HQ Location |
Gazprom is engaged in the exploration, production, and distribution of natural gas.
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| domain | founded_year | HQ Location |
Oil sands development, exploration, production, and refining are conducted.
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| domain | founded_year | HQ Location |
Electricity and natural gas distribution services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Equitrans Midstream
Frequently Asked Questions about Equitrans Midstream
When was Equitrans Midstream founded?
Equitrans Midstream was founded in 2018.
Where is Equitrans Midstream located?
Equitrans Midstream is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
How many employees does Equitrans Midstream have?
As of Dec 31, 2023, the latest employee count at Equitrans Midstream is 773.
What does Equitrans Midstream do?
Equitrans Midstream Corporation is involved in natural gas midstream operations, focusing on the Marcellus and Utica shale regions. The company is dedicated to providing interstate transmission and gathering facilities. Recently acquired by EQT Corporation, operations are being integrated to enhance efficiency and sustainability in the Appalachian Basin. Emphasis is placed on safety, environmental responsibility, and community engagement.
Who are the top competitors of Equitrans Midstream?
Equitrans Midstream's top competitors include Dominion Energy, Shell and Uniper.
What products or services does Equitrans Midstream offer?
Equitrans Midstream offers Natural Gas Midstream Operations.
How many acquisitions has Equitrans Midstream made?
Equitrans Midstream has made 1 acquisition, including EQM Midstream Partners.
Who are Equitrans Midstream's investors?
Equitrans Midstream has 1 investor. Key investors include EQT Corporation.