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: Capitalization:
  • Market Cap: $6.84 billion
  • Outstanding Shares: 266,165,000
Average Prices:
  • 50 Day Moving Avg: $26.94
  • 200 Day Moving Avg: $26.28
  • 52 Week Range: $21.45 - $28.53
P/E:
  • Trailing P/E Ratio: 30.63
  • Foreward P/E Ratio: 25.45
  • P/E Growth: 1.21
Sales & Book Value:
  • Annual Revenue: $753.25 million
  • Price / Sales: 9.08
  • Book Value: ($3.99) per share
  • Price / Book: -6.44
Dividend:
  • Annual Dividend: $0.71
  • Dividend Yield: 2.8%
Profitability:
  • EBIDTA: $600.95 million
  • 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%
Misc:
  • Average Volume: 71,166 shs.
  • Beta: 1.42
  • Short Ratio: 14.02
 

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 declared a quarterly dividend on Wednesday, April 26th. Investors of record on Friday, May 5th will be given a dividend of $0.191 per share on Wednesday, May 24th. This represents a $0.76 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend 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) posted its earnings results on Thursday, April, 27th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01. The company earned $203.40 million during the quarter, compared to the consensus estimate of $201.54 million. EQT GP Holdings LP had a net margin of 29.55% and a return on equity of 11.43%. The business's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.19 EPS. 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?

5 brokers have issued 1 year price targets 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 share price to reach $33.00 in the next year. View Analyst Ratings for EQT GP Holdings LP.

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

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 a price of $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 acted 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 number of of retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (2.27%), Goldman Sachs Group Inc. (1.36%), Chickasaw Capital Management LLC (1.26%), Kayne Anderson Capital Advisors LP (0.64%), Morgan Stanley (0.63%) and Credit Suisse AG (0.58%). View Institutional Ownership Trends for EQT GP Holdings LP.

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 UBS Group AG, Credit Suisse AG, Goldman Sachs Group Inc., Jennison Associates LLC, Morgan Stanley, Kayne Anderson Capital Advisors LP, Bank of America Corp DE and FFT Wealth Management LLC. View Insider Buying and Selling 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 Neuberger Berman Group LLC, Chickasaw Capital Management LLC, Driehaus Capital Management LLC, HighTower Advisors LLC, Massachusetts Financial Services Co. MA, Fort Washington Investment Advisors Inc. OH, Hollencrest Securities LLC and Miller Howard Investments Inc. NY. 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.

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 $25.70.

Analyst Ratings

Consensus Ratings for EQT GP Holdings LP (NYSE:EQGP) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $33.00 (28.40% upside)

Analysts' Ratings History for EQT GP Holdings LP (NYSE:EQGP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/13/2017Royal Bank of CanadaReiterated RatingBuy$36.00LowView Rating Details
3/24/2017ScotiabankReiterated RatingHold$30.00LowView Rating Details
2/14/2017Morgan StanleyUpgradeEqual Weight -> Overweight$31.00N/AView Rating Details
1/26/2017Janney Montgomery ScottInitiated CoverageBuy$35.00N/AView Rating Details
10/7/2016Wolfe ResearchInitiated CoverageOutperformN/AView Rating Details
3/17/2016Stifel NicolausInitiated CoverageHoldN/AView Rating Details
3/3/2016JPMorgan Chase & Co.Boost Price TargetNeutral$29.00 -> $30.00N/AView Rating Details
2/10/2016Citigroup IncLower Price Target$35.00 -> $21.50N/AView Rating Details
2/5/2016Credit Suisse Group AGLower 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
10/23/2015Barclays PLCLower Price TargetOverweight$35.00 -> $32.00N/AView Rating Details
9/11/2015Goldman Sachs Group IncLower Price Target$35.00 -> $34.00N/AView Rating Details
6/25/2015Oppenheimer Holdings Inc.Initiated CoverageMarket PerformN/AView Rating Details
6/23/2015Bank of America CorpReiterated RatingBuy$37.00N/AView Rating Details
6/22/2015Howard WeilInitiated CoverageSector Perform$35.00N/AView Rating Details
6/22/2015Ladenburg Thalmann Financial ServicesInitiated CoverageBuy$36.00N/AView Rating Details
6/22/2015Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
(Data available from 5/26/2015 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: $0.89 EPS
Next Year EPS Consensus Estimate: $1.01 EPS

Dividends

Current Dividend Information for EQT GP Holdings LP (NYSE:EQGP)
Most Recent Dividend:5/24/2017
Annual Dividend:$0.71
Dividend Yield:2.76%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:88.75% (Trailing 12 Months of Earnings)
79.78% (Based on This Year's Estimates)
70.30% (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: 10.35%
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
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
nasdaq.com logoEx-Dividend Reminder: Williams Partners LP, USA Compression Partners LP and EQT GP Holdings LP
www.nasdaq.com - January 30 at 12:19 PM
streetinsider.com logoForm 8-K EQT Midstream Partners, For: Jan 19
www.streetinsider.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
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
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
www.streetinsider.com - January 19 at 6:25 PM
bizjournals.com logoInvestor touts merger of Colorado, Pennsylvania energy companies
www.bizjournals.com - January 3 at 12:17 PM
bizjournals.com logoRange Resources denies talk of merger with EQT
www.bizjournals.com - January 3 at 12:17 PM
rttnews.com logoEQT Midstream Partners Forecasts FY17 Net Income, Capex - Quick Facts
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
finance.yahoo.com - December 12 at 11:51 AM
bizjournals.com logoEQT forecasts $1.5B in capital expenditures in 2017
www.bizjournals.com - December 12 at 11:51 AM
nasdaq.com logoEQT GP Holdings Becomes Oversold (EQGP)
www.nasdaq.com - November 7 at 11:40 PM
nasdaq.com logoEQT GP Holdings (EQGP) Sees Hammer Chart Pattern: Time to Buy?
www.nasdaq.com - November 2 at 11:08 PM
moodys.com logoEQT Midstream Partners, LP -- Moody's rates EQT Midstream's new notes Ba1
www.moodys.com - November 1 at 5:03 PM
biz.yahoo.com logoQ3 2016 EQT GP Holdings LP Earnings Release - Before Market Open
biz.yahoo.com - October 27 at 9:30 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for EQT GP (EQGP)
finance.yahoo.com - October 26 at 4:54 PM
finance.yahoo.com logoWhy You Shouldn't Bet Against EQT GP (EQGP) Stock
finance.yahoo.com - October 17 at 9:51 AM

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Chart

EQT GP Holdings LP (EQGP) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff