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 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: Major Integrated Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: EQGP
  • CUSIP:
Key Metrics:
  • Previous Close: $27.69
  • 50 Day Moving Average: $27.30
  • 200 Day Moving Average: $25.34
  • 52-Week Range: $21.45 - $28.45
  • Trailing P/E Ratio: 34.70
  • Foreward P/E Ratio: 27.42
  • P/E Growth: 1.20
  • Market Cap: $7.37B
  • Outstanding Shares: 266,165,000
  • Beta: 1.42
Profitability:
  • Net Margins: 29.55%
  • Return on Equity: 11.43%
  • Return on Assets: 7.68%
Debt:
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 1.95%
  • Quick Ratio: 1.95%
Additional Links:
Companies Related to EQT GP Holdings LP:

Analyst Ratings

Consensus Ratings for EQT GP Holdings LP (NYSE:EQGP) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $33.60 (21.34% upside)

Analysts' Ratings History for EQT GP Holdings LP (NYSE:EQGP)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017Morgan StanleyUpgradeEqual Weight -> Overweight$31.00View Rating Details
2/3/2017RBC Capital MarketsReiterated RatingOutperform$34.00 -> $36.00View Rating Details
2/3/2017Royal Bank of CanadaBoost Price TargetOutperform$34.00 -> $36.00View Rating Details
1/26/2017Janney Montgomery ScottInitiated CoverageBuy$35.00View Rating Details
10/7/2016Wolfe ResearchInitiated CoverageOutperformView Rating Details
3/17/2016Stifel NicolausInitiated CoverageHoldView Rating Details
3/3/2016J P Morgan Chase & CoBoost Price TargetNeutral$29.00 -> $30.00View Rating Details
2/10/2016Citigroup Inc.Lower Price Target$35.00 -> $21.50View Rating Details
2/5/2016Credit Suisse GroupLower Price Target$39.00 -> $34.00View Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated 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. (The)Lower Price Target$35.00 -> $34.00View Rating Details
6/25/2015Oppenheimer Holdings, Inc.Initiated CoverageMarket PerformView Rating Details
6/23/2015Bank of America CorpReiterated 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 Thalmann Financial ServicesInitiated CoverageBuy$36.00View Rating Details
6/22/2015Wells Fargo & CompanyInitiated CoverageMarket PerformView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for EQT GP Holdings LP (NYSE:EQGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
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$0.16$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: $0.87 EPS
Next Year EPS Consensus Estimate: $1.01 EPS

Dividends

Current Dividend Information for EQT GP Holdings LP (NYSE:EQGP)
Annual Dividend:$0.71
Dividend Yield:2.56%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:88.75% (Based on Trailing 12 Months of Earnings)
81.61% (Based on Current Year Consensus EPS Estimate)
70.30% (Based on Next Year Consensus EPS Estimate)

Dividend History for EQT GP Holdings LP (NYSE:EQGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for EQT GP Holdings LP (NYSE:EQGP)
Institutional Ownership Percentage: 10.35%
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
News IconEQT Midstream Partners, LP (EQM) Upgraded by Morgan Stanley to "Buy" (NYSE:EQGP)
hoyentv.com - February 16 at 9:37 PM
News IconEQT Midstream Partners, LP (EQM) Upgraded by Morgan Stanley to "Buy" (NYSE:EQGP)
hoyentv.com - February 16 at 9:37 PM
News IconEQT Midstream Partners, LP (EQM) Upgraded by Morgan Stanley to "Buy" (NYSE:EQGP)
hoyentv.com - February 16 at 9:37 PM
News IconEQT Midstream Partners LP (NYSE:EQM) got Upgraded (NYSE:EQGP)
prensariotiretail.com - February 16 at 9:37 PM
News IconEQT GP Holdings, LP (EQGP) Upgraded by Morgan Stanley to Overweight (NYSE:EQGP)
latribunadecanarias.com - February 16 at 9:37 PM
News IconEQT GP Holdings, LP (EQGP) Upgraded by Morgan Stanley to Overweight (NYSE:EQGP)
latribunadecanarias.com - February 16 at 9:37 PM
us.rd.yahoo.com logoEQT GP Holdings upgraded by Morgan Stanley (NYSE:EQGP)
us.rd.yahoo.com - February 15 at 4:00 AM
finance.yahoo.com logoEQT GP Holdings (EQGP): Moving Average Crossover Alert (NYSE:EQGP)
finance.yahoo.com - February 13 at 5:47 PM
capitalcube.com logoEQT GP Holdings LP :EQGP-US: Earnings Analysis: 2016 By the Numbers : February 8, 2017 (NYSE:EQGP)
www.capitalcube.com - February 8 at 5:32 PM
capitalcube.com logoEQT GP Holdings LP :EQGP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017 (NYSE:EQGP)
www.capitalcube.com - February 6 at 5:03 PM
marketrealist.com logoWhat Drove EQT Midstream’s Strong EBITDA Growth in 4Q16? (NYSE:EQGP)
marketrealist.com - February 3 at 10:26 PM
seekingalpha.com logoEQT GP Holdings' (EQGP) on Q4 2016 Results - Earnings Call Transcript (NYSE:EQGP)
seekingalpha.com - February 2 at 10:34 PM
4-traders.com logoEQT GP LP : meets 4Q profit forecasts (NYSE:EQGP)
www.4-traders.com - February 2 at 5:31 PM
marketexclusive.com logoEQT GP Holdings, LP (NYSE:EQGP) Files An 8-K Results of Operations and Financial Condition (NYSE:EQGP)
marketexclusive.com - February 2 at 5:31 PM
sg.finance.yahoo.com logoEQT GP meets 4Q profit forecasts (NYSE:EQGP)
sg.finance.yahoo.com - February 2 at 5:31 PM
biz.yahoo.com logoQ4 2016 EQT GP Holdings LP Earnings Release - Before Market Open (NYSE:EQGP)
biz.yahoo.com - February 2 at 5:31 PM
nasdaq.com logoEx-Dividend Reminder: Williams Partners LP, USA Compression Partners LP and EQT GP Holdings LP (NYSE:EQGP)
www.nasdaq.com - January 30 at 12:19 PM
streetinsider.com logoForm 8-K EQT Midstream Partners, For: Jan 19 (NYSE:EQGP)
www.streetinsider.com - January 23 at 9:34 AM
4-traders.com logoEQT GP HOLDINGS, LP : Change in Directors or Principal Officers (form 8-K) (NYSE:EQGP)
www.4-traders.com - January 23 at 9:34 AM
biz.yahoo.com logoEQT GP HOLDINGS, LP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:EQGP)
biz.yahoo.com - January 23 at 9:34 AM
us.rd.yahoo.com logo4:02 pm EQT GP Holdings increases quarterly distribution to $0.177/unit from $0.165/unit (NYSE:EQGP)
us.rd.yahoo.com - January 19 at 11:26 PM
streetinsider.com logoEQT GP Holdings (EQGP) Raises Quarterly Dividend 7.3% to $0.177; 2.6% Yield (NYSE:EQGP)
www.streetinsider.com - January 19 at 6:25 PM
capitalcube.com logoEQT GP Holdings LP : EQGP-US: Dividend Analysis : November 04th, 2016 (record date) : By the numbers : January 4, 2017 (NYSE:EQGP)
www.capitalcube.com - January 4 at 6:07 PM
bizjournals.com logoInvestor touts merger of Colorado, Pennsylvania energy companies (NYSE:EQGP)
www.bizjournals.com - January 3 at 12:17 PM
bizjournals.com logoRange Resources denies talk of merger with EQT (NYSE:EQGP)
www.bizjournals.com - January 3 at 12:17 PM
News IconEQT GP Holdings, LP (NYSE:EQGP) Valuation According To Analysts (NYSE:EQGP)
avauncer.com - December 16 at 5:33 PM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : December 15, 2016 (NYSE:EQGP)
www.capitalcube.com - December 15 at 5:36 PM
News IconEQT to Drill 119 Marcellus Wells in 2017 – $1.5 Billion Spending Plan (NYSE:EQGP)
www.oilandgas360.com - December 13 at 11:30 AM
News IconEQT Announces 2017 Operational Forecast (NYSE:EQGP)
www.itbusinessnet.com - December 12 at 11:51 AM
rttnews.com logoEQT Midstream Partners Forecasts FY17 Net Income, Capex - Quick Facts (NYSE:EQGP)
www.rttnews.com - December 12 at 11:51 AM
finance.yahoo.com logoEQT Midstream Partners Announces 2017 Financial and CAPEX Forecast; EQT GP Holdings Announces 2017 Distribution Forecast (NYSE:EQGP)
finance.yahoo.com - December 12 at 11:51 AM
bizjournals.com logoEQT forecasts $1.5B in capital expenditures in 2017 (NYSE:EQGP)
www.bizjournals.com - December 12 at 11:51 AM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : December 5, 2016 (NYSE:EQGP)
www.capitalcube.com - December 5 at 11:46 AM
insidermonkey.com logoHedge Funds Are Crazy About VimpelCom Ltd (ADR) (VIP) (NYSE:EQGP)
www.insidermonkey.com - November 30 at 8:32 AM
insidermonkey.com logoIs Goodyear Tire & Rubber Co (GT) A Good Stock For Your Portfolio? (NYSE:EQGP)
www.insidermonkey.com - November 24 at 4:56 PM
fxpips.com logoQUICK Glance – Top Moving Stocks in Transportation Sector today (NYSE:EQGP)
www.fxpips.com - November 22 at 8:05 AM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : November 22, 2016 (NYSE:EQGP)
www.capitalcube.com - November 22 at 8:05 AM
marketrealist.com logoWhy Did Energy Sector Companies Fall on November 16? (NYSE:EQGP)
marketrealist.com - November 18 at 10:41 AM
fxpips.com logoTransportation Stocks Biggest Losers and Gainers, Recap (NYSE:EQGP)
www.fxpips.com - November 14 at 8:45 AM
nasdaq.com logoEQT GP Holdings Becomes Oversold (EQGP) (NYSE:EQGP)
www.nasdaq.com - November 7 at 11:40 PM
nasdaq.com logoEQT GP Holdings (EQGP) Sees Hammer Chart Pattern: Time to Buy? (NYSE:EQGP)
www.nasdaq.com - November 2 at 11:08 PM
capitalcube.com logoEQT GP Holdings LP :EQGP-US: Earnings Analysis: Q3, 2016 By the Numbers : November 1, 2016 (NYSE:EQGP)
www.capitalcube.com - November 1 at 5:03 PM
moodys.com logoEQT Midstream Partners, LP -- Moody's rates EQT Midstream's new notes Ba1 (NYSE:EQGP)
www.moodys.com - November 1 at 5:03 PM
4-traders.com logoEQT GP LP : beats 3Q profit forecasts (NYSE:EQGP)
www.4-traders.com - October 27 at 10:09 PM
sg.finance.yahoo.com logoEQT GP beats 3Q profit forecasts (NYSE:EQGP)
sg.finance.yahoo.com - October 27 at 4:57 PM
biz.yahoo.com logoQ3 2016 EQT GP Holdings LP Earnings Release - Before Market Open (NYSE:EQGP)
biz.yahoo.com - October 27 at 9:30 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for EQT GP (EQGP) (NYSE:EQGP)
finance.yahoo.com - October 26 at 4:54 PM
capitalcube.com logoEQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : October 25, 2016 (NYSE:EQGP)
www.capitalcube.com - October 25 at 9:43 AM
finance.yahoo.com logoWhy You Shouldn't Bet Against EQT GP (EQGP) Stock (NYSE:EQGP)
finance.yahoo.com - October 17 at 9:51 AM
News IconUpdate on EQT GP Holdings, LP (NYSE:EQGP) for the day (NYSE:EQGP)
twincountynews.com - October 16 at 9:29 AM

Social

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 declared a quarterly dividend on Thursday, January 19th. Stockholders of record on Friday, February 3rd will be paid a dividend of $0.177 per share on Thursday, February 23rd. This represents a $0.71 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend is Wednesday, February 1st. This is a positive change from EQT GP Holdings LP's previous quarterly dividend of $0.17.

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

7 analysts have issued 12-month price objectives for EQT GP Holdings LP's stock. Their predictions range from $30.00 to $36.00. On average, they expect EQT GP Holdings LP's stock price to reach $33.60 in the next year.

When will EQT GP Holdings LP announce their earnings?

EQT GP Holdings LP is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns EQT GP Holdings LP stock?

EQT GP Holdings LP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Zimmer Partners LP (0.38%), Silvercrest Asset Management Group LLC (0.12%), ING Groep NV (0.10%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.02%), FFT Wealth Management LLC (0.01%) and Franklin Resources Inc. (0.01%). Company insiders that own EQT GP Holdings LP stock include David L Porges, Lewis B Gardner and Theresa Z Bone.

Who sold EQT GP Holdings LP stock? Who is selling EQT GP Holdings LP stock?

EQT GP Holdings LP's stock was sold by a variety of institutional investors in the last quarter, including ING Groep NV.

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 Zimmer Partners LP, Franklin Resources Inc., FFT Wealth Management LLC, Silvercrest Asset Management Group LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, LVW Advisors LLC and Cypress Wealth Advisors LLC. Company insiders that have bought EQT GP Holdings LP stock in the last two years include David L Porges, Lewis B Gardner and Theresa Z Bone.

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.

How much does a share of EQT GP Holdings LP stock cost?

One share of EQT GP Holdings LP stock can currently be purchased for approximately $27.69.

EQT GP Holdings LP (NYSE:EQGP) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for EQT GP Holdings LP (NYSE:EQGP)

Earnings History Chart

Earnings by Quarter for EQT GP Holdings LP (NYSE:EQGP)

Dividend History Chart

Dividend Payments by Quarter for EQT GP Holdings LP (NYSE:EQGP)

Last Updated on 2/24/2017 by MarketBeat.com Staff