Equitrans Midstream
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Equitrans Midstream Corporation was a U.S. natural gas midstream company specializing in gas gathering, transmission, and storage across the Appalachian Basin. It was the parent entity of EQM Midstream Partners and operated more than 2,000 miles of pipeline infrastructure, having been spun off from EQT in 2018.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Spun off from EQT
Equitrans Midstream was spun off from EQT in 2018 as an independent natural gas midstream company.
- Acquired by EQT
In March 2024 EQT announced an all-stock acquisition of Equitrans Midstream; the deal closed on July 22, 2024, creating a $35 billion vertically integrated natural gas business (each Equitrans share exchanged for 0.3504 EQT shares).
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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