Capital Markets | Capital Expenditure | Capital Expenditure - 2021
Equitrans Midstream Details 2021 Capital Plan
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Equitrans Midstream Corp. announced 2021 financial and capital expenditure guidance.
Other Details:
- Approximately 70% of the 2021 forecast for total operating revenue is expected to be generated from firm reservation fees
- The mid-point of the 2021 financial forecast range assumes an average of 8.0 MMdth per day total gathered volume
- The MVP JV is continuing to target a full in-service date for the MVP in late 2021 at a total project cost estimate of $5.8 - $6.0 billion. The 2021 financial forecast assumes an MVP in-service date of December 31, 2021
- The 2021 water EBITDA forecast is approximately $25 million. The year-over-year decrease is driven by a lower forecast for delivered water volumes.
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