EQT GP Holdings, LP Company Profile (NYSE:EQGP)

About EQT GP Holdings, LP (NYSE:EQGP)

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 was 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 Gathering, and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system. The Transmission segment includes EQM's FERC-regulated interstate pipeline and storage business. EQGP has no independent operations. It has partnership interests in EQM. As of December 31, 2016, EQM provided midstream services to EQT and various third parties across 24 counties in Pennsylvania, West Virginia and Ohio through its two primary assets: the gathering system, and the transmission and storage system.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Exploration and Production - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:EQGP
  • CUSIP: N/A
  • Web: www.eqtmidstreampartners.com
Capitalization:
  • Market Cap: $7.55376 billion
  • Outstanding Shares: 266,165,000
Average Prices:
  • 50 Day Moving Avg: $27.83
  • 200 Day Moving Avg: $27.29
  • 52 Week Range: $21.45 - $31.76
P/E:
  • Trailing P/E Ratio: 33.83
  • Foreward P/E Ratio: 25.57
  • P/E Growth: 1.50
Sales & Book Value:
  • Annual Revenue: $753.25 million
  • Price / Sales: 10.03
  • Book Value: ($3.99) per share
  • Price / Book: -7.11
Dividend:
  • Annual Dividend: $0.76
  • Dividend Yield: 2.7%
Profitability:
  • EBIDTA: $600.95 million
  • Net Margins: 30.13%
  • Return on Equity: 11.39%
  • Return on Assets: 7.57%
Debt:
  • Debt-to-Equity Ratio: 0.48%
  • Current Ratio: 1.21%
  • Quick Ratio: 1.21%
Misc:
  • Average Volume: 157,294 shs.
  • Beta: 1.33
  • Short Ratio: 10.4
 
Frequently Asked Questions for EQT GP Holdings, LP (NYSE:EQGP)

What is EQT GP Holdings, LP's stock symbol?

EQT GP Holdings, LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQGP."

How often does EQT GP Holdings, LP pay dividends? What is the dividend yield for EQT GP Holdings, LP?

EQT GP Holdings, LP announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Friday, May 5th will be paid a dividend of $0.191 per share on Wednesday, May 24th. This represents a $0.76 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Wednesday, May 3rd. This is a positive change from EQT GP Holdings, LP's previous quarterly dividend of $0.18. View EQT GP Holdings, LP's Dividend History.

How were EQT GP Holdings, LP's earnings last quarter?

EQT GP Holdings, LP (NYSE:EQGP) announced its quarterly earnings results on Thursday, April, 27th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.01. The firm had revenue of $203.40 million for the quarter, compared to the consensus estimate of $201.54 million. EQT GP Holdings, LP had a net margin of 30.13% and a return on equity of 11.39%. The company's quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.19 earnings per share. View EQT GP Holdings, LP's Earnings History.

Where is EQT GP Holdings, LP's stock going? Where will EQT GP Holdings, LP's stock price be in 2017?

7 brokers have issued 12 month price targets for EQT GP Holdings, LP's stock. Their forecasts range from $25.00 to $36.00. On average, they anticipate EQT GP Holdings, LP's stock price to reach $31.17 in the next year. View Analyst Ratings for EQT GP Holdings, LP.

Who are some of EQT GP Holdings, LP's key competitors?

Who are EQT GP Holdings, LP's key executives?

EQT GP Holdings, LP's management team includes the folowing people:

  • David L. Porges, Chairman of the Board of the General Partner
  • Steven T. Schlotterbeck, President, Chief Executive Officer, Director of the General Partner
  • Robert J. McNally, Chief Financial Officer, Senior Vice President, Director of the General Partner
  • Jimmi Sue Smith, Chief Accounting Officer
  • Lewis B. Gardner, Director of the General Partner
  • Kimberly T. Fleming, Independent Director of the General Partner
  • Mark S. Lewis, Independent Director of the General Partner
  • Stephen A. Thorington, Independent Director of the General Partner

When did EQT GP Holdings, LP IPO?

(EQGP) raised $450 million in an initial public offering (IPO) on Tuesday, May 12th 2015. The company issued 20,000,000 shares at $21.00-$24.00 per share. Barclays, Goldman Sachs, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities served as the underwriters for the IPO and MUFG, BNP PARIBAS, PNC Capital Markets, Scotia Howard Weil, SunTrust Robinson Humphrey, Ladenburg Thalmann, Oppenheimer and U.S. Capital Advisors were co-managers.

Who owns EQT GP Holdings, LP stock?

EQT GP Holdings, LP's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.09%) and Spirit of America Management Corp NY (0.03%). View Institutional Ownership Trends for EQT GP Holdings, LP.

Who bought EQT GP Holdings, LP stock? Who is buying EQT GP Holdings, LP stock?

EQT GP Holdings, LP's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for EQT GP Holdings, LP.

How do I buy EQT GP Holdings, LP stock?

Shares of EQT GP Holdings, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is EQT GP Holdings, LP's stock price today?

One share of EQT GP Holdings, LP stock can currently be purchased for approximately $28.38.


MarketBeat Community Rating for EQT GP Holdings, LP (NYSE EQGP)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  89 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  206
MarketBeat's community ratings are surveys of what our community members think about EQT GP Holdings, LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for EQT GP Holdings, LP (NYSE:EQGP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $31.17 (9.82% upside)

Analysts' Ratings History for EQT GP Holdings, LP (NYSE:EQGP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/21/2017ScotiabankReiterated RatingHold$30.00N/AView Rating Details
7/21/2017Stifel NicolausReiterated RatingHold$25.00LowView Rating Details
7/18/2017Barclays PLCDowngradeOverweight -> Equal Weight$32.00 -> $30.00LowView Rating Details
7/14/2017Morgan StanleyReiterated RatingOverweight$30.00 -> $31.00MediumView Rating Details
4/13/2017Royal Bank Of CanadaReiterated RatingBuy$36.00LowView Rating Details
1/26/2017Janney Montgomery ScottInitiated CoverageBuy$35.00N/AView Rating Details
10/7/2016Wolfe ResearchInitiated CoverageOutperformN/AView Rating Details
3/3/2016J P Morgan Chase & CoBoost Price TargetNeutral$29.00 -> $30.00N/AView Rating Details
2/10/2016Citigroup Inc.Lower Price Target$35.00 -> $21.50N/AView Rating Details
2/5/2016Credit Suisse GroupLower Price Target$39.00 -> $34.00N/AView Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingOverweightN/AView Rating Details
11/16/2015Deutsche Bank AGReiterated RatingBuy$33.00 -> $31.00N/AView Rating Details
9/11/2015Goldman Sachs Group, Inc. (The)Lower Price Target$35.00 -> $34.00N/AView Rating Details
(Data available from 7/23/2015 forward)

Earnings

Earnings History for EQT GP Holdings, LP (NYSE:EQGP)
Earnings by Quarter for EQT GP Holdings, LP (NYSE:EQGP)
Earnings History by Quarter for EQT GP Holdings, LP (NYSE EQGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.22$0.23$201.54 million$203.40 millionViewN/AView Earnings Details
2/2/2017Q416$0.21$0.22$192.88 million$192.88 millionViewListenView Earnings Details
10/27/2016Q316$0.19$0.20$144.61 million$170.80 millionViewListenView Earnings Details
7/28/2016Q216$0.15$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$0.08$161.55 million$144.61 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for EQT GP Holdings, LP (NYSE:EQGP)
Current Year EPS Consensus Estimate: $0.94 EPS
Next Year EPS Consensus Estimate: $1.11 EPS

Dividends

Current Dividend Information for EQT GP Holdings, LP (NYSE:EQGP)
Most Recent Dividend:5/24/2017
Annual Dividend:$0.76
Dividend Yield:2.68%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:90.48% (Trailing 12 Months of Earnings)
80.85% (Based on This Year's Estimates)
68.47% (Based on Next Year's Estimates)
Dividend Payments by Quarter for EQT GP Holdings, LP (NYSE:EQGP)

Dividend History by Quarter for EQT GP Holdings, LP (NYSE EQGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.192.86%5/3/20175/5/20175/24/2017
1/19/2017quarterly$0.182.64%2/1/20172/3/20172/23/2017
10/25/2016quarterly$0.172.75%11/2/201611/4/201611/22/2016
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 and Institutional Ownership History for EQT GP Holdings, LP (NYSE:EQGP)
Institutional Ownership Percentage: 10.91%
Insider Trades by Quarter for EQT GP Holdings, LP (NYSE:EQGP)
Institutional Ownership by Quarter for EQT GP Holdings, LP (NYSE:EQGP)
Insider Trades by Quarter for EQT GP Holdings, LP (NYSE:EQGP)
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

Headline Trends for EQT GP Holdings, LP (NYSE:EQGP)
Latest Headlines for EQT GP Holdings, LP (NYSE:EQGP)
Source:
DateHeadline
americanbankingnews.com logoScotiabank Reiterates "Hold" Rating for EQT GP Holdings, LP (NYSE:EQGP)
www.americanbankingnews.com - July 22 at 8:29 AM
americanbankingnews.com logoEQT GP Holdings,'s (NYSE:EQGP) Hold Rating Reaffirmed at Stifel Nicolaus
www.americanbankingnews.com - July 21 at 6:42 PM
streetinsider.com logoBarclays Downgrades EQT GP Holdings, LP (EQGP) to Equalweight
www.streetinsider.com - July 19 at 5:57 AM
americanbankingnews.com logoEQT GP Holdings, LP (NYSE:EQGP) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 17 at 11:37 AM
americanbankingnews.com logoEQT GP Holdings,'s (NYSE:EQGP) "Buy" Rating Reaffirmed at Morgan Stanley
www.americanbankingnews.com - July 14 at 11:37 AM
americanbankingnews.com logoEQT GP Holdings, LP (NYSE:EQGP) Expected to Announce Quarterly Sales of $203.31 Million
www.americanbankingnews.com - July 13 at 11:32 AM
finance.yahoo.com logoEnergy Transfer Equity Recovers Slightly from Last Week’s Losses
finance.yahoo.com - July 12 at 6:58 PM
finance.yahoo.com logoEQT Midstream Partners, LP and EQT GP Holdings, LP Announce Second Quarter 2017 Joint Earnings Conference Call
finance.yahoo.com - July 12 at 6:58 PM
americanbankingnews.com logoZacks: Analysts Expect EQT GP Holdings, LP (NYSE:EQGP) Will Post Earnings of $0.21 Per Share
www.americanbankingnews.com - July 11 at 10:16 PM
americanbankingnews.com logoEQT GP Holdings, LP (EQGP) Cut to Sell at BidaskClub
www.americanbankingnews.com - July 8 at 7:08 PM
americanbankingnews.com logoEQT GP Holdings, LP (NYSE:EQGP) Upgraded by BidaskClub to Hold
www.americanbankingnews.com - June 30 at 11:32 PM
finance.yahoo.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : June 20, 2017
finance.yahoo.com - June 20 at 5:44 PM
finance.yahoo.com logoStrength Seen in EQT GP Holdings (EQGP): Stock Soars 17%
finance.yahoo.com - June 20 at 5:44 PM
finance.yahoo.com logo7 things to know about the EQT-Rice Energy merger
finance.yahoo.com - June 20 at 5:44 PM
americanbankingnews.com logoEQT GP Holdings, LP (EQGP) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 20 at 10:47 AM
finance.yahoo.com logoRice Energy Inc. -- Moody's affirms EQT at Baa3 and places Rice on review for upgrade
finance.yahoo.com - June 19 at 11:36 PM
americanbankingnews.com logo$203.31 Million in Sales Expected for EQT GP Holdings, LP (EQGP) This Quarter
www.americanbankingnews.com - June 17 at 7:44 AM
americanbankingnews.com logoZacks: Analysts Anticipate EQT GP Holdings, LP (EQGP) Will Post Earnings of $0.21 Per Share
www.americanbankingnews.com - June 15 at 10:20 PM
americanbankingnews.com logoEQT GP Holdings (EQGP) versus RDS-A (RDS-A) Critical Contrast
www.americanbankingnews.com - June 11 at 8:32 AM
finance.yahoo.com logoIntegrated workplace wellness service unveiled
finance.yahoo.com - June 8 at 6:01 PM
americanbankingnews.com logoEQT GP Holdings LP (EQGP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 26 at 11:13 AM
nasdaq.com logoTOLZ's Holdings Imply 10% Gain Potential
www.nasdaq.com - May 23 at 12:13 PM
finance.yahoo.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : May 9, 2017
finance.yahoo.com - May 9 at 4:56 PM
finance.yahoo.com logoEQT GP Holdings LP :EQGP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 4:52 PM
finance.yahoo.com logoEQT GP Holdings LP : EQGP-US: Dividend Analysis : May 05th, 2017 (record date) : By the numbers : May 5, 2017
finance.yahoo.com - May 5 at 5:13 PM
americanbankingnews.com logoEQT GP Holdings (EQGP) Getting Positive News Coverage, Study Shows
www.americanbankingnews.com - May 1 at 3:18 PM
americanbankingnews.com logoEQT GP Holdings LP (EQGP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 1 at 2:30 PM
americanbankingnews.com logo$205.78 Million in Sales Expected for EQT GP Holdings LP (EQGP) This Quarter
www.americanbankingnews.com - April 30 at 10:34 AM
seekingalpha.com logoEQT GP Holdings' (EQGP) CEO Steve Schlotterbeck on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 28 at 11:08 PM
americanbankingnews.com logo Brokerages Expect EQT GP Holdings LP (EQGP) to Post $0.22 EPS
www.americanbankingnews.com - April 28 at 11:10 AM
americanbankingnews.com logoEQT GP Holdings (EQGP) Receiving Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 27 at 11:00 PM
americanbankingnews.com logoEQT GP Holdings LP (EQGP) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - April 27 at 9:54 PM
finance.yahoo.com logoEQT GP beats 1Q profit forecasts
finance.yahoo.com - April 27 at 10:49 AM
americanbankingnews.com logoEQT GP Holdings LP (EQGP) Declares Quarterly Dividend of $0.19
www.americanbankingnews.com - April 26 at 5:48 PM
americanbankingnews.com logoEQT GP Holdings (EQGP) Earns Daily News Impact Score of 0.02
www.americanbankingnews.com - April 24 at 10:44 AM
americanbankingnews.com logoEQT GP Holdings (EQGP) Given News Impact Score of 0.31
www.americanbankingnews.com - April 21 at 2:40 PM
americanbankingnews.com logoEQT GP Holdings (EQGP) Given Daily Media Sentiment Rating of 0.31
www.americanbankingnews.com - April 18 at 4:06 PM
americanbankingnews.com logoEQT GP Holdings (EQGP) Receives Media Sentiment Score of 0.35
www.americanbankingnews.com - April 15 at 9:45 AM
americanbankingnews.com logoRoyal Bank of Canada Reaffirms "Buy" Rating for EQT GP Holdings LP (EQGP)
www.americanbankingnews.com - April 13 at 5:40 PM
finance.yahoo.com logoEQT Midstream Partners, LP and EQT GP Holdings, LP Announce First Quarter 2017 Joint Earnings Conference Call
finance.yahoo.com - April 11 at 12:37 PM
americanbankingnews.com logoEQT GP Holdings LP (EQGP) Expected to Post Quarterly Sales of $205.77 Million
www.americanbankingnews.com - April 8 at 8:42 AM
americanbankingnews.com logo$0.22 Earnings Per Share Expected for EQT GP Holdings LP (EQGP) This Quarter
www.americanbankingnews.com - April 6 at 8:21 PM
americanbankingnews.com logoEQT GP Holdings LP (EQGP) Receives "Hold" Rating from Scotiabank
www.americanbankingnews.com - March 24 at 11:22 AM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : March 20, 2017
us.rd.yahoo.com - March 21 at 5:16 PM
capitalcube.com logoEQT GP Holdings LP : EQGP-US: Dividend Analysis : February 03rd, 2017 (record date) : By the numbers : March 20, 2017
us.rd.yahoo.com - March 21 at 5:16 PM
finance.yahoo.com logoSteven Schlotterbeck Takes the Reins as CEO for EQT
finance.yahoo.com - March 1 at 12:43 PM
us.rd.yahoo.com logoEQT GP Holdings upgraded by Morgan Stanley
us.rd.yahoo.com - February 15 at 4:00 AM
finance.yahoo.com logoEQT GP Holdings (EQGP): Moving Average Crossover Alert
finance.yahoo.com - February 13 at 5:47 PM
seekingalpha.com logoEQT GP Holdings' (EQGP) on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 2 at 10:34 PM
biz.yahoo.com logoQ4 2016 EQT GP Holdings LP Earnings Release - Before Market Open
biz.yahoo.com - February 2 at 5:31 PM

Social

Chart

EQT GP Holdings, LP (EQGP) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff