EQT GP Holdings LP Company Profile (NYSE:EQGP)

About EQT GP Holdings LP

EQT GP Holdings LP logoEQT GP Holdings, LP (EQGP) is a limited partnership company and subsidiary of EQT Gathering Holdings, LLC (EQT Gathering Holdings). The Company is formed to own EQT Corporation's (EQT's) partnership interests in EQT Midstream Partners, LP (EQM), a limited partnership formed by EQT to own, operate, acquire and develop midstream assets in the Appalachian Basin. Its segments include Transmission and storage, and Gathering. The Transmission and storage segment includes EQM's Federal Energy Regulatory Commission (FERC)-regulated interstate pipeline and storage business. The Gathering segment includes high-pressure gathering lines and the FERC-regulated low-pressure gathering system. EQGP has no independent operations and EQGP's assets consist of partnership interests in EQM. EQM provides midstream services to EQT and third parties in the Appalachian Basin across over 20 counties in Pennsylvania and West Virginia. EQGP's assets and operations are located in the continental United States.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Major Integrated Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: EQGP
  • CUSIP:
Key Metrics:
  • Previous Close: $25.37
  • 50 Day Moving Average: $25.43
  • 200 Day Moving Average: $25.22
  • 52-Week Range: $17.39 - $28.25
  • Trailing P/E Ratio: 36.50
  • Foreward P/E Ratio: 31.32
  • P/E Growth: 1.17
  • Market Cap: $6.75B
  • Outstanding Shares: 266,165,000
  • Beta: 1.3
Profitability:
  • Net Margins: 27.71%
  • Return on Equity: 11.98%
  • Return on Assets: 7.43%
Debt:
  • Debt-to-Equity Ratio: 0.36%
  • Current Ratio: 1.16%
  • Quick Ratio: 1.16%
Additional Links:
Companies Related to EQT GP Holdings LP:

Analyst Ratings

Consensus Ratings for EQT GP Holdings LP (NYSE:EQGP) (?)
Ratings Breakdown: 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $28.50 (12.34% upside)

Analysts' Ratings History for EQT GP Holdings LP (NYSE:EQGP)
Show:
DateFirmActionRatingPrice TargetDetails
4/29/2016Royal Bank Of CanadaBoost Price TargetOutperform$29.00 -> $34.00View Rating Details
3/17/2016Stifel NicolausInitiated CoverageHoldView Rating Details
3/3/2016JPMorgan Chase & Co.Boost Price TargetNeutral$29.00 -> $30.00View Rating Details
2/25/2016Morgan StanleyInitiated CoverageEqual Weight$17.00View Rating Details
2/10/2016Citigroup Inc.Lower Price Target$35.00 -> $21.50View Rating Details
2/5/2016Credit Suisse Group AGLower Price Target$39.00 -> $34.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group Inc.Reiterated RatingOverweightView Rating Details
11/16/2015Deutsche Bank AGReiterated RatingBuy$33.00 -> $31.00View Rating Details
10/23/2015Barclays PLCLower Price TargetOverweight$35.00 -> $32.00View Rating Details
9/11/2015Goldman Sachs Group Inc.Lower Price Target$35.00 -> $34.00View Rating Details
6/25/2015Oppenheimer Holdings Inc.Initiated CoverageMarket PerformView Rating Details
6/23/2015Bank of America Corp.Reiterated RatingBuy$37.00View Rating Details
6/22/2015ScotiabankUpgradeSector Perform$35.00View Rating Details
6/22/2015Howard WeilInitiated CoverageSector Perform$35.00View Rating Details
6/22/2015Ladenburg ThalmannInitiated CoverageBuy$36.00View Rating Details
6/22/2015Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for EQT GP Holdings LP (NYSE:EQGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/28/2016Q216$0.16$0.19$171.03 million$172.00 millionViewListenView Earnings Details
4/28/2016Q1$0.16$0.19$166.35 million$180.60 millionViewListenView Earnings Details
2/4/2016Q415$0.14$0.17$155.58 million$165.90 millionViewN/AView Earnings Details
10/22/2015Q3$0.08$0.14$153.25 million$148.78 millionViewListenView Earnings Details
7/23/2015Q2$0.39$0.08ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for EQT GP Holdings LP (NYSE:EQGP)
Current Year EPS Consensus Estimate: $0.75 EPS
Next Year EPS Consensus Estimate: $0.81 EPS

Dividends

Current Dividend Information for EQT GP Holdings LP (NYSE:EQGP)
Annual Dividend:$0.60
Dividend Yield:2.36%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:86.96% (Based on Trailing 12 Months of Earnings)
80.00% (Based on Current Year Consensus EPS Estimate)
74.07% (Based on Next Year Consensus EPS Estimate)

Dividend History for EQT GP Holdings LP (NYSE:EQGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2016quarterly$0.152.42%8/3/20168/5/20168/22/2016
4/27/2016quarterly$0.132.03%5/4/20165/6/20165/23/2016
1/21/2016quarterly$0.121.97%1/28/20162/1/20162/22/2016
10/21/2015quarterly$0.101.58%10/29/201511/2/201511/23/2015
7/21/2015quarterly$0.057/31/20158/4/20158/24/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for EQT GP Holdings LP (NYSE:EQGP)
Institutional Ownership Percentage: 10.14%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/30/2016Theresa Z. BoneCAOSell19,986$24.68$493,254.48View SEC Filing  
5/15/2015David L PorgesCEOBuy56,263$27.00$1,519,101.00View SEC Filing  
5/15/2015Lewis B GardnerDirectorBuy28,503$27.00$769,581.00View SEC Filing  
5/15/2015Theresa Z BoneCAOBuy19,986$27.00$539,622.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for EQT GP Holdings LP (NYSE:EQGP)
DateHeadline
seekingalpha.com logoEQT Corporation: Financially Secure Growing Oil Company (NYSE:EQGP)
seekingalpha.com - September 24 at 9:29 AM
stocksdaily.net logoEQT GP Holdings LP (NYSE:EQGP) High Price Estimate At $34 (NYSE:EQGP)
www.stocksdaily.net - September 14 at 4:55 PM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : September 7, 2016 (NYSE:EQGP)
www.capitalcube.com - September 7 at 5:01 PM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : August 24, 2016 (NYSE:EQGP)
www.capitalcube.com - August 24 at 4:48 PM
marketrealist.com logoPerformance of Companies in the Energy and Mining Sectors on August 19 (NYSE:EQGP)
marketrealist.com - August 20 at 8:20 AM
stocksdaily.net logoWill EQT GP Holdings LP (NYSE:EQGP) Surprise Analysts This Quarter? (NYSE:EQGP)
www.stocksdaily.net - August 15 at 5:00 PM
capitalcube.com logoEQT GP Holdings LP :EQGP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:EQGP)
www.capitalcube.com - August 8 at 5:00 PM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : August 8, 2016 (NYSE:EQGP)
www.capitalcube.com - August 8 at 9:40 AM
4-traders.com logoEQT GP HOLDINGS, LP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:EQGP)
www.4-traders.com - July 29 at 10:13 PM
4-traders.com logoEQT GP : beats 2Q profit forecasts (NYSE:EQGP)
www.4-traders.com - July 29 at 11:54 AM
seekingalpha.com logoEQT Midstream Partners' (EQM) CEO Dave Porges on Q2 2016 Results - Earnings Call Transcript (NYSE:EQGP)
seekingalpha.com - July 28 at 3:35 PM
sg.finance.yahoo.com logoEQT GP beats 2Q profit forecasts (NYSE:EQGP)
sg.finance.yahoo.com - July 28 at 9:37 AM
reuters.com logoBRIEF-EQT Midstream increases quarterly dividend to $0.78/unit for Q2 (NYSE:EQGP)
www.reuters.com - July 28 at 8:07 AM
4-traders.com logoEQT Midstream Partners : Q2 2016 Results Announced for EQT Midstream Partners and EQT GP Holdings (NYSE:EQGP)
www.4-traders.com - July 28 at 8:07 AM
biz.yahoo.com logoQ2 2016 EQT GP Holdings LP Earnings Release - Time Not Supplied (NYSE:EQGP)
biz.yahoo.com - July 28 at 7:07 AM
publicnow.com logoQ2 2016 Results Announced for EQT Midstream Partners and EQT GP Holdings (NYSE:EQGP)
www.publicnow.com - July 28 at 6:58 AM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : July 25, 2016 (NYSE:EQGP)
www.capitalcube.com - July 25 at 8:29 AM
capitalcube.com logoEQT GP Holdings LP – Value Analysis (NYSE:EQGP) : July 18, 2016 (NYSE:EQGP)
www.capitalcube.com - July 18 at 3:43 PM
marketrealist.com logoHow Has Energy Transfer Equity’s Stock Performed So Far in 2016? (NYSE:EQGP)
marketrealist.com - July 12 at 2:16 PM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : July 11, 2016 (NYSE:EQGP)
www.capitalcube.com - July 11 at 8:57 AM
publicnow.com logoEQT Midstream Partners, LP and EQT GP Holdings, LP Announce Second Quarter of 2016 Joint Earnings Conference Call (NYSE:EQGP)
www.publicnow.com - July 7 at 6:51 AM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : July 1, 2016 (NYSE:EQGP)
www.capitalcube.com - July 1 at 8:13 AM
forbes.com logoEQGP Shares Enter Oversold Territory (NYSE:EQGP)
www.forbes.com - June 14 at 4:47 PM
fxpips.com logoTransportation Stocks Daily Roundup (NYSE:EQGP)
www.fxpips.com - June 14 at 9:43 AM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : June 13, 2016 (NYSE:EQGP)
www.capitalcube.com - June 13 at 8:31 AM
fxpips.com logoTransportation Stocks Biggest Movers and Decliners (NYSE:EQGP)
www.fxpips.com - May 18 at 8:22 AM
fidaily.com logoEQT GP Holdings, LP Common Unit (EQGP) Investment Down in Latest Report from Morgan Stanley (NYSE:EQGP)
www.fidaily.com - May 12 at 5:20 PM
fidaily.com logoChickasaw Capital Management LLC Bought A Little More EQT GP Holdings, LP Common Unit (EQGP) Stock In The Last Quarter (NYSE:EQGP)
www.fidaily.com - May 10 at 5:14 PM
capitalcube.com logoEQT GP Holdings LP :EQGP-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:EQGP)
www.capitalcube.com - May 3 at 11:06 AM
sg.finance.yahoo.com logoEQT GP beats 1Q profit forecasts (NYSE:EQGP)
sg.finance.yahoo.com - April 28 at 9:16 AM
biz.yahoo.com logoQ1 2016 EQT GP Holdings LP Earnings Release - Before Market Open (NYSE:EQGP)
biz.yahoo.com - April 28 at 7:07 AM
4-traders.com logoEQT GP : Midstream Partners and GP Holdings Increase Quarterly Distributions (NYSE:EQGP)
www.4-traders.com - April 27 at 7:49 AM
marketrealist.com logoQ1 Earnings Report: Will EQT Midstream Drop Down from EQT? (NYSE:EQGP)
marketrealist.com - April 22 at 4:52 PM
capitalcube.com logoEQT GP Holdings LP – Value Analysis (NYSE:EQGP) : April 19, 2016 (NYSE:EQGP)
www.capitalcube.com - April 19 at 11:13 AM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : April 18, 2016 (NYSE:EQGP)
www.capitalcube.com - April 18 at 8:16 AM
bizjournals.com logoAlcoa kicks off earnings season (NYSE:EQGP)
www.bizjournals.com - April 11 at 4:49 PM
News IconEQT GP Holdings appoints new board member (NYSE:EQGP)
www.ogfj.com - April 9 at 7:32 AM
publicnow.com logoEQT GP Holdings, LP Appoints New Board Member (NYSE:EQGP)
www.publicnow.com - April 7 at 4:29 PM
biz.yahoo.com logoEQT GP HOLDINGS, LP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financia (NYSE:EQGP)
biz.yahoo.com - April 7 at 4:18 PM
publicnow.com logoEQT Midstream Partners, LP and EQT GP Holdings, LP Announce First Quarter 2016 Joint Earnings Conference Call (NYSE:EQGP)
www.publicnow.com - April 7 at 6:52 AM
investorplace.com logoHottest Transportation Stocks Now – ENT FRO CVTI CPLP (NYSE:EQGP)
investorplace.com - March 29 at 4:03 PM
News IconEQT appoints McNally as CFO (NYSE:EQGP)
www.ogfj.com - March 19 at 6:50 AM
4-traders.com logoEQT GP : Change in Directors or Principal Officers (form 8-K) (NYSE:EQGP)
www.4-traders.com - March 18 at 6:44 AM
seekingalpha.com logoMcNally is new CFO at EQT Corp. and EQT Midstream (NYSE:EQGP)
seekingalpha.com - March 18 at 6:44 AM
biz.yahoo.com logoEQT GP HOLDINGS, LP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:EQGP)
biz.yahoo.com - March 17 at 4:31 PM
finance.yahoo.com logoEQT Announces Appointment of Robert J. McNally as Chief Financial Officer (NYSE:EQGP)
finance.yahoo.com - March 17 at 4:27 PM
finance.yahoo.com logoEQT GP Holdings 2015 K-1 Tax Packages Available Online (NYSE:EQGP)
finance.yahoo.com - March 11 at 6:30 AM

Social

EQT GP Holdings LP (NYSE:EQGP) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff