This article discusses the history, start-up, and the management structure of Equitrans Midstream Company (EMC). Before February 2018, the organization managed its upstream and midstream activities together. Midstream operations include gathering water services and managing and transmitting them. These formed the Equitrans Midstream Company (EMC). The company, therefore, separated upstream operations that include natural gas, oil and natural gas liquids development, production and sales, and commercial operations. The separation changed the corporate profile of Equitrans Midstream Company (EMC) significantly. Shareholders will now have separate equity ownership with two companies that focus solely on their respective operations. The organizations expect to grow their customer base even further from the separation.
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CORPORATE PROFILE OF EQUITRANS MIDSTREAM COMPANY
This section provides the details of the corporate profile of Equitrans Midstream Company (EMC). Equitrans Midstream provides midstream services to EQT Corporation and multiple third-parties in Pennsylvania, West Virginia, and Ohio. Additionally, Equitrans Midstream Company (EMC) provides these services through the gathering system, the transmission and storage system, and its water services assets. Equitrans Midstream Corporation is the third-largest natural gas gatherer in the United States. The company’s infrastructure optimizes the delivery of its services to meet the nation’s demand for clean energy. Lastly, through a solid management structure of Equitrans Midstream Company (EMC), the organization prioritizes a commitment to safety and enriching the communities where its employees live and work.
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HISTORY, START-UP, STRUCTURE, AND RESPONSIBILITIES OF EQUITRANS MIDSTREAM COMPANY
By incorporating effective corporate governance through the management structure of Equitrans Midstream Company (EMC), the company has several responsibilities. Equitrans Midstream prioritizes a culture of safety by recognizing excellence in safety performance while addressing opportunities for improvement. The organization also complies with all laws and regulations that apply to them. Equitrans Midstream Company (EMC) is responsible for training its employees and contractors regarding best practices to ensure that their work environment remains safe. To prevent accidents and challenges of working near pipelines, the company dedicates resources to develop and implement damage prevention initiatives. Therefore, this paints an excellent picture of the corporate profile of Equitrans Midstream Company (EMC).
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