Equitrans Midstream (ETRN) has disclosed a new risk, in the Corporate Activity and Growth category.
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Equitrans Midstream faces a significant business risk following the EQT Transaction, which could activate change in control clauses across a variety of its legal agreements. Should the company and its affiliated entities fail to secure necessary modifications or waivers, they risk potential contract terminations, legal claims for damages, or both. Furthermore, acquiring these consents may come at a high cost, with counterparties likely demanding fees or pushing for renegotiations on less advantageous terms, thereby impacting Equitrans Midstream’s financial stability and operational continuity.
The average ETRN stock price target is $12.21, implying -6.79% downside potential.
To learn more about Equitrans Midstream’s risk factors, click here.
