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EQM Midstream Partners LP (EQM Midstream Partners LP) Pre-Tax Income : $165 Mil (TTM As of Mar. 2020)


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What is EQM Midstream Partners LP Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. EQM Midstream Partners LP's pretax income for the three months ended in Mar. 2020 was $255 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2020 was $165 Mil. EQM Midstream Partners LP's pretax margin was 56.34%.


EQM Midstream Partners LP Pre-Tax Income Historical Data

The historical data trend for EQM Midstream Partners LP's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EQM Midstream Partners LP Pre-Tax Income Chart

EQM Midstream Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 438.39 548.10 610.36 671.35 162.08

EQM Midstream Partners LP Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 251.93 156.47 -40.22 -206.11 255.29

Competitive Comparison of EQM Midstream Partners LP's Pre-Tax Income

For the Oil & Gas Midstream subindustry, EQM Midstream Partners LP's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EQM Midstream Partners LP's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EQM Midstream Partners LP's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where EQM Midstream Partners LP's Pre-Tax Income falls into.



EQM Midstream Partners LP Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

EQM Midstream Partners LP's Pretax Income for the fiscal year that ended in Dec. 2019 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1077.837+-705.771+-209.984+0+0
=162

EQM Midstream Partners LP's Pretax Income for the quarter that ended in Mar. 2020 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=311.099+-1.283+-54.531+0+0
=255

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $165 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EQM Midstream Partners LP  (NYSE:EQM) Pre-Tax Income Explanation

EQM Midstream Partners LP's Pretax Margin for the quarter that ended in Mar. 2020 is calculated as

Pretax Margin=Pretax Income/Revenue
=255.285/453.113
=56.34%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EQM Midstream Partners LP Pre-Tax Income Related Terms

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EQM Midstream Partners LP (EQM Midstream Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2200 Energy Drive, Canonsburg, PA, USA, 15317
EQM Midstream Partners LP owns, operates, acquires and develops midstream assets in the Appalachian Basin. It provides midstream services to EQT and third parties in the Appalachian Basin across counties in Pennsylvania and West Virginia through two assets, the transmission, and storage system and the gathering system. The company's transmission and storage system included an approximately 700-mile Federal Energy Regulatory Commission (FERC)-regulated interstate pipeline that connects to five interstate pipelines and multiple distribution companies. The transmission system is supported by associated natural gas storage reservoirs with approximately 400 MMcf per day of peak withdrawal capacity and 32 Bcf of working gas capacity and 27 compressor units.
Executives
Brian P. Pietrandrea officer: VP & CAO 2200 ENERGY DRIVE, CANONSBURG PA 15317
Kenneth Michael Burke director 11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Diana M Charletta director, officer: EVP & Chief Operating Officer 2200 ENERGY DRIVE, CANONSBURG PA 15317
Eqt Corp 10 percent owner 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Phillip D. Swisher officer: VP & Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 2000, PITTSBURGH PA 15222
Kirk R Oliver director, officer: SVP & Chief Financial Officer 1601 BRYAN STREET, DALLAS TX 75201
Stephen A Thorington director 700 MILAM, SUITE 3100, HOUSTON TX 77002
Thomas F Karam director, officer: President & CEO C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES BARRE PA 18711-0601
Lewis B Gardner director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Julian Mark Bott director 625 LIBERTY AVENUE, C/O EQT MIDSTREAM PARTNERS, PITTSBURGH PA 15222
Ashcroft Jeremiah J Iii director, officer: SVP & Chief Operating Officer ONE GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
M Elise Hyland director, officer: EVP & Chief Operating Officer 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Steven T Schlotterbeck director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Jimmi Sue Smith officer: Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Robert Joseph Mcnally director, officer: Sr. Vice President and CFO 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222