Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Capital Markets | Capital Expenditure | Capital Expenditure - 2021

Equitrans Midstream Details 2021 Capital Plan

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Thursday,December 17,2020

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.

 



Related Categories :

Capital Expenditure - 2021   

More    Capital Expenditure - 2021 News

Northeast News >>>


Northeast - Appalachia News >>>