EQM

Equitrans Midstream Announces Pricing of Private Offering of Senior Notes

Retrieved on: 
Wednesday, February 21, 2024

Equitrans Midstream Corporation (NYSE: ETRN) (ETRN) today announced that its wholly owned subsidiary, EQM Midstream Partners, LP (EQM), has priced an offering of $600 million in aggregate principal amount of its 6.375% senior notes due 2029 (the Notes).

Key Points: 
  • Equitrans Midstream Corporation (NYSE: ETRN) (ETRN) today announced that its wholly owned subsidiary, EQM Midstream Partners, LP (EQM), has priced an offering of $600 million in aggregate principal amount of its 6.375% senior notes due 2029 (the Notes).
  • Subject to the satisfaction of customary closing conditions, the offering is expected to close on February 26, 2024.
  • This news release is not a notice of redemption for any of the existing notes.
  • As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

Equitrans Midstream Announces Private Offering of Senior Notes

Retrieved on: 
Wednesday, February 21, 2024

Equitrans Midstream Corporation (NYSE: ETRN) today announced that its wholly owned subsidiary, EQM Midstream Partners, LP (EQM), intends to offer, subject to market conditions, $600 million in aggregate principal amount of senior notes due 2029 (the Notes) in a private offering.

Key Points: 
  • Equitrans Midstream Corporation (NYSE: ETRN) today announced that its wholly owned subsidiary, EQM Midstream Partners, LP (EQM), intends to offer, subject to market conditions, $600 million in aggregate principal amount of senior notes due 2029 (the Notes) in a private offering.
  • This news release is not a notice of redemption for any of the existing notes.
  • These statements are subject to various risks and uncertainties, many of which are outside of ETRN’s and EQM’s control.
  • As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

Alaska Airlines partners with CHOOOSE to empower guests to reduce emissions and support growth of the sustainable aviation fuel market

Retrieved on: 
Friday, November 17, 2023

SEATTLE, Nov. 17, 2023 /PRNewswire/ -- Alaska Airlines announced today it is partnering with climate-tech company CHOOOSE to provide new options for sustainability-minded guests to take action on their travel-related carbon emissions by purchasing sustainable aviation fuel (SAF) credits or support nature-based climate projects.

Key Points: 
  • Guests can choose between SAF credits or from certified nature-based projects in geographies where the airline flies, such as Doyon Native Community Forest Project, Freres Biochar, The Guatemalan Conservation Coast, and more.
  • Alaska is also rewarding guests who purchase a certain amount of SAF credits (i.e.
  • "But today, there isn't enough SAF to meet demand – and we need to bring its cost down by creating scale.
  • Alaska has been a leader in advancing the market for SAF and was the first commercial U.S. airline to fly multiple routes using the alternative fuel in 2011.

Equitrans Midstream Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Following PHMSA's approval of ETRN's subsequent injection plan, on October 5, 2023, ETRN resumed injections at the storage field.

Key Points: 
  • Following PHMSA's approval of ETRN's subsequent injection plan, on October 5, 2023, ETRN resumed injections at the storage field.
  • For the full-year 2023, ETRN estimates that it will incur approximately $10 million of expenses related to post-incident response activities.
  • ETRN expects to invest a total of approximately $160 million in the project, including approximately $60 million in 2023.
  • ETRN will host a conference call with security analysts today, October 31, 2023, at 10:30 a.m. (ET) to discuss third quarter 2023 financial results, operating results, and other business matters.

VettaFi Announces That Its Fast-Growing Index Business Has Successfully Completed Its First Independent Audit of Its Statement of Adherence with the IOSCO Principles for Financial Benchmarks

Retrieved on: 
Thursday, October 12, 2023

The IOSCO principles have been the industry standard for more than a decade and cover best practices in governance, accountability, quality and transparency of benchmark design, and more.

Key Points: 
  • The IOSCO principles have been the industry standard for more than a decade and cover best practices in governance, accountability, quality and transparency of benchmark design, and more.
  • “My colleagues and I could not be more pleased with the results of this review,” said Brian Coco, Head of Index Products for VettaFi.
  • This announcement caps what has been a busy six-month period for VettaFi indexing.
  • More recently, VettaFi launched its new Global Developed Benchmark Series as part of its 2023 index innovation roadmap.

VettaFi Announces Acquisition of EQM Indexes

Retrieved on: 
Monday, September 11, 2023

VettaFi , an indexing, data & analytics, and digital distribution company that helps asset managers solve their most pressing and complex challenges, has announced the acquisition of EQM Indexes, LLC, one of the most innovative providers of custom thematic index solutions to the ETF industry.

Key Points: 
  • VettaFi , an indexing, data & analytics, and digital distribution company that helps asset managers solve their most pressing and complex challenges, has announced the acquisition of EQM Indexes, LLC, one of the most innovative providers of custom thematic index solutions to the ETF industry.
  • Co-founded by Jane Edmondson and Dan Janowiak, EQM Indexes brings a quantitative, research-driven approach to index design.
  • EQM Indexes has also designed a number of innovative income-generating approaches and provides indexing solutions for advisors and investment managers in North America, Europe, and Australia.
  • EQM Indexes is the second major indexing firm acquired by VettaFi this year, following the acquisition of the ROBO Global Index suite in April.

EQM Indexes Online Retail Index Adds Omnichannel Retail Segment

Retrieved on: 
Tuesday, August 15, 2023

San Diego-based index developer EQM Indexes announces an important enhancement to its Online Retail Index (IBUYXT), adding a new retail segment called “omnichannel”.

Key Points: 
  • San Diego-based index developer EQM Indexes announces an important enhancement to its Online Retail Index (IBUYXT), adding a new retail segment called “omnichannel”.
  • EQM Indexes created the first online retail index back in 2015, licensed as the Amplify Online Retail ETF (IBUY), and is a thought leader in the thematic index space.
  • Omnichannel has graduated from a retail concept to reality, and has become an integral part of the online shopping experience too big to ignore.”
    EQM’s Online Retail Index is the first index to provide explicit exposure to the disruptive omnichannel theme.
  • The addition of omnichannel retail as a category to the EQM Online Retail Index was implemented during a special rebalance completed on August 9th.

EQM Indexes Drops the Beat with the Launch of MUSQ Global Music Industry Index

Retrieved on: 
Tuesday, June 6, 2023

San Diego-based index developer EQM Indexes announces the latest in its suite of Thematic Indexes, the MUSQ Global Music Industry Index with the index ticker “ MUSQIX .” The Index offers exposure to “All Things Music” — holding global, publicly traded companies and royalty funds with a core business interest in the global music industry.

Key Points: 
  • San Diego-based index developer EQM Indexes announces the latest in its suite of Thematic Indexes, the MUSQ Global Music Industry Index with the index ticker “ MUSQIX .” The Index offers exposure to “All Things Music” — holding global, publicly traded companies and royalty funds with a core business interest in the global music industry.
  • Global music industry market segments held include: music streaming, music content and distribution, live music events and ticketing, satellite and broadcast radio, and music equipment and technology.
  • “The MUSQ Global Music Industry Index is the first and official music industry index to capture the performance of the global music industry.
  • MUSQ LLC is the mastermind behind the MUSQ Global Music Industry Index (MUSQIX), which has been licensed as an ETF.

Equitrans Midstream Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, May 2, 2023

Full-year 2023 includes an estimate of $5 - $10 million of capital expenditures related to the Rager Mountain natural gas storage field incident based on current information.

Key Points: 
  • Full-year 2023 includes an estimate of $5 - $10 million of capital expenditures related to the Rager Mountain natural gas storage field incident based on current information.
  • In the first quarter, ETRN incurred expenses of $4.1 million related to post-incident response activities.
  • For the full-year 2023, ETRN estimates that it will incur approximately $8 - $10 million of expenses related to post-incident response activities.
  • ETRN will host a conference call with security analysts today, May 2, 2023, at 10:30 a.m. (ET) to discuss first quarter 2023 financial results, operating results, and other business matters.

EQM Indexes Launches High Income Pass-Through Securities Index

Retrieved on: 
Wednesday, April 12, 2023

San Diego-based index developer EQM Indexes announces the latest in its suite of Income Indexes, the EQM High Income Pass-Through Securities Index with the catchy index ticker “ HIPSTR ”.

Key Points: 
  • San Diego-based index developer EQM Indexes announces the latest in its suite of Income Indexes, the EQM High Income Pass-Through Securities Index with the catchy index ticker “ HIPSTR ”.
  • No, the index does not hold companies that make kombucha, avocado toast and premium tequila, but rather high income yielding securities that must “pass-through” at least 90% of their taxable income to shareholders.
  • EQM Indexes is also the firm behind the development of the EQM Natural Resource Dividend Income Index ( NDIVITR ), which is designed to generate income from dividends, special dividends, and share repurchases derived from global equity positions in natural resource and commodity-related industries.
  • “We are very happy to partner with EQM Indexes by licensing the High Income Pass-Through Securities Index (HIPSTR).