EQT 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
- 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: $28.80
- 200 Day Moving Avg: $28.80
- 52 Week Range: $21.45 - $29.27
P/E:- Trailing P/E Ratio: 32.19
- Foreward P/E Ratio: 24.35
- P/E Growth: 1.66
Sales & Book Value:- Annual Revenue: $774.18 million
- Price / Sales: 9.79
- Book Value: ($3.94) per share
- Price / Book: -7.23
Dividend:- Annual Dividend: $0.84
- Dividend Yield: 3.0%
Profitability:- EBIDTA: $620.07 million
- Net Margins: 30.65%
- Return on Equity: 11.72%
- Return on Assets: 7.66%
Debt:- Debt-to-Equity Ratio: 0.48%
- Current Ratio: 0.84%
- Quick Ratio: 0.84%
Misc:- Average Volume: 116,286 shs.
- Beta: 1.31
- Short Ratio: 4.16
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, July 26th. Investors of record on Friday, August 4th will be given a dividend of $0.21 per share on Wednesday, August 23rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Wednesday, August 2nd. This is an increase from EQT GP Holdings, LP's previous quarterly dividend of $0.19. 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 quarterly earnings data on Thursday, July, 27th. The company reported $0.24 EPS for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.05. The business earned $199 million during the quarter, compared to the consensus estimate of $194.49 million. EQT GP Holdings, LP had a return on equity of 11.72% and a net margin of 30.65%. EQT GP Holdings, LP's revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.27 earnings per share. View EQT GP Holdings, LP's Earnings History.
When will EQT GP Holdings, LP make its next earnings announcement?
Where is EQT GP Holdings, LP's stock going? Where will EQT GP Holdings, LP's stock price be in 2017?
7 equities research analysts have issued twelve-month price objectives for EQT GP Holdings, LP's shares. Their predictions range from $28.00 to $36.00. On average, they anticipate EQT GP Holdings, LP's share price to reach $31.67 in the next year. View Analyst Ratings for EQT GP Holdings, LP.
Who are some of EQT GP Holdings, LP's key competitors?
Some companies that are related to EQT GP Holdings, LP include Continental Resources (CLR), Noble Energy (NBL), Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Encana Corporation (ECA), Marathon Oil Corporation (MRO), Cimarex Energy Co (XEC), Diamondback Energy (FANG), Parsley Energy (PE), Antero Resources Corporation (AR), Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Energen Corporation (EGN), Range Resources Corporation (RRC), Murphy Oil Corporation (MUR), Vermilion Energy (VET) and WPX Energy (WPX).
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 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 variety of of institutional and retail investors. Top institutional investors include Neuberger Berman Group LLC (2.46%), Chickasaw Capital Management LLC (1.25%), Goldman Sachs Group Inc. (1.21%), Tortoise Capital Advisors L.L.C. (0.66%), Kayne Anderson Capital Advisors LP (0.54%) and Jennison Associates LLC (0.35%). 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 Goldman Sachs Group Inc., Kayne Anderson Capital Advisors LP, Jennison Associates LLC, Chickasaw Capital Management LLC, MAI Capital Management, Miller Howard Investments Inc. NY, Wells Fargo & Company MN and LVW Advisors 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 purchased by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Marshall Wace North America L.P., Bank of Montreal Can, ING Groep NV, Conning Inc., Citadel Advisors LLC, Citigroup Inc. and NBW Capital LLC. 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 $28.49.
MarketBeat Community Rating for EQT GP Holdings, LP (NYSE EQGP)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.
Consensus Ratings for EQT GP Holdings, LP (NYSE:EQGP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.57) |
| Consensus Price Target: | $31.67 (11.15% upside) |
Analysts' Ratings History for EQT GP Holdings, LP (NYSE:EQGP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/1/2017 | Stifel Nicolaus | Reiterated Rating | Hold | $28.00 | Medium |  |
| 7/21/2017 | Scotiabank | Set Price Target | Hold | $30.00 | Medium | |
| 7/18/2017 | Barclays PLC | Downgrade | Overweight -> Equal Weight | $32.00 -> $30.00 | Low | |
| 7/14/2017 | Morgan Stanley | Reiterated Rating | Overweight | $30.00 -> $31.00 | Medium | |
| 4/13/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $36.00 | Low | |
| 1/26/2017 | Janney Montgomery Scott | Initiated Coverage | Buy | $35.00 | N/A | |
| 10/7/2016 | Wolfe Research | Initiated Coverage | Outperform | | N/A | |
| 3/3/2016 | J P Morgan Chase & Co | Boost Price Target | Neutral | $29.00 -> $30.00 | N/A | |
| 2/10/2016 | Citigroup Inc. | Lower Price Target | | $35.00 -> $21.50 | N/A | |
| 2/5/2016 | Credit Suisse Group | Lower Price Target | | $39.00 -> $34.00 | N/A | |
| 12/8/2015 | Mitsubishi UFJ Financial Group Inc | Reiterated Rating | Overweight | | N/A | |
| 11/16/2015 | Deutsche Bank AG | Reiterated Rating | Buy | $33.00 -> $31.00 | N/A | |
(Data available from 9/24/2015 forward)
Earnings History for EQT GP Holdings, LP (NYSE:EQGP)Earnings History by Quarter for EQT GP Holdings, LP (NYSE EQGP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/26/2017 | | | | | | | N/A | |
| 7/27/2017 | 6/30/2017 | $0.19 | $0.24 | $194.49 million | $199.00 million | View | N/A | |
| 4/27/2017 | Q1 2017 | $0.22 | $0.23 | $201.54 million | $203.40 million | View | N/A | |
| 2/2/2017 | Q416 | $0.21 | $0.22 | $192.88 million | $192.88 million | View | Listen | |
| 10/27/2016 | Q316 | $0.19 | $0.20 | $144.61 million | $170.80 million | View | Listen | |
| 7/28/2016 | Q216 | $0.15 | $0.19 | $171.03 million | $172.00 million | View | Listen | |
| 4/28/2016 | Q1 | $0.16 | $0.19 | $166.35 million | $180.60 million | View | Listen | |
| 2/4/2016 | Q415 | $0.14 | $0.17 | $155.58 million | $165.90 million | View | N/A | |
| 10/22/2015 | Q3 | $0.08 | $0.14 | $153.25 million | $148.78 million | View | Listen | |
| 7/23/2015 | Q2 | $0.39 | $0.08 | $161.55 million | $144.61 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for EQT GP Holdings, LP (NYSE:EQGP)Current Year EPS Consensus Estimate: $0.99 EPS
Next Year EPS Consensus Estimate: $1.17 EPS
Current Dividend Information for EQT GP Holdings, LP (NYSE:EQGP)| Most Recent Dividend: | 8/23/2017 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 2.95% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 94.38% (Trailing 12 Months of Earnings)
84.85% (Based on This Year's Estimates)
71.79% (Based on Next Year's Estimates)
|
Dividend History by Quarter for EQT GP Holdings, LP (NYSE EQGP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/26/2017 | quarterly | $0.21 | 2.9% | 8/2/2017 | 8/4/2017 | 8/23/2017 |
| 4/26/2017 | quarterly | $0.19 | 2.86% | 5/3/2017 | 5/5/2017 | 5/24/2017 |
| 1/19/2017 | quarterly | $0.18 | 2.64% | 2/1/2017 | 2/3/2017 | 2/23/2017 |
| 10/25/2016 | quarterly | $0.17 | 2.75% | 11/2/2016 | 11/4/2016 | 11/22/2016 |
| 7/26/2016 | quarterly | $0.15 | 2.42% | 8/3/2016 | 8/5/2016 | 8/22/2016 |
| 4/27/2016 | quarterly | $0.13 | 2.03% | 5/4/2016 | 5/6/2016 | 5/23/2016 |
| 1/21/2016 | quarterly | $0.12 | 1.97% | 1/28/2016 | 2/1/2016 | 2/22/2016 |
| 10/21/2015 | quarterly | $0.10 | 1.58% | 10/29/2015 | 11/2/2015 | 11/23/2015 |
| 7/21/2015 | quarterly | $0.05 | | 7/31/2015 | 8/4/2015 | 8/24/2015 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for EQT GP Holdings, LP (NYSE:EQGP)Institutional Ownership Percentage: 10.27%
Insider Trades by Quarter for EQT GP Holdings, LP (NYSE:EQGP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/30/2016 | Theresa Z. Bone | CAO | Sell | 19,986 | $24.68 | $493,254.48 | |
| 5/15/2015 | David L Porges | CEO | Buy | 56,263 | $27.00 | $1,519,101.00 | |
| 5/15/2015 | Lewis B Gardner | Director | Buy | 28,503 | $27.00 | $769,581.00 | |
| 5/15/2015 | Theresa Z Bone | CAO | Buy | 19,986 | $27.00 | $539,622.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for EQT GP Holdings, LP (NYSE:EQGP)
Latest Headlines for EQT GP Holdings, LP (NYSE:EQGP)
| Source: |
|
| Date | Headline |
|---|
 | EQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : September 8, 2017
finance.yahoo.com - September 8 at 6:49 PM |
 | EQT GP Holdings, LP (EQGP) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 5 at 10:44 AM |
| EQT GP Holdings LP – Value Analysis (NYSE:EQGP) : September 2, 2017
finance.yahoo.com - September 1 at 11:45 PM |
| EQT’s Midstream Advantage: Which Way Could Shareholders Swing?
finance.yahoo.com - September 1 at 6:39 PM |
| EQT GP Holdings LP : EQGP-US: Dividend Analysis : August 04th, 2017 (record date) : By the numbers : August 31, 2017
finance.yahoo.com - August 31 at 6:13 PM |
| EQT GP Holdings LP breached its 50 day moving average in a Bullish Manner : EQGP-US : August 29, 2017
finance.yahoo.com - August 29 at 6:45 PM |
| Which MLPs Rose More than 6% Last Week?
finance.yahoo.com - August 29 at 6:45 PM |
| EQT GP Holdings, LP (EQGP) Upgraded to "Sell" at BidaskClub
www.americanbankingnews.com - August 26 at 6:02 PM |
 | Shares of EQGP Now Oversold
www.nasdaq.com - August 11 at 11:56 PM |
| EQT GP Holdings, LP (NYSE:EQGP) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 11 at 6:18 PM |
| Contrasting Energy XXI Gulf Coast (EXXI) & EQT GP Holdings, (EQGP)
www.americanbankingnews.com - August 11 at 2:36 PM |
| EQT GP Holdings LP breached its 50 day moving average in a Bearish Manner : EQGP-US : August 8, 2017
finance.yahoo.com - August 8 at 6:07 PM |
| Head-To-Head Review: EQT GP Holdings, (NYSE:EQGP) versus Transportadora De Gas Sa Ord B (TGS)
www.americanbankingnews.com - August 8 at 8:30 AM |
| EQT GP Holdings LP :EQGP-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 6:06 PM |
| EQT GP beats 2Q profit forecasts
finance.yahoo.com - July 27 at 6:55 PM |
| EQT GP Holdings, LP (NYSE:EQGP) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS
www.americanbankingnews.com - July 27 at 2:19 PM |
| EQT GP Holdings, LP (EQGP) Increases Dividend to $0.21 Per Share
www.americanbankingnews.com - July 26 at 3:45 PM |
| Scotiabank Reiterates "Hold" Rating for EQT GP Holdings, LP (NYSE:EQGP)
www.americanbankingnews.com - July 22 at 8:29 AM |
| EQT GP Holdings,'s (NYSE:EQGP) Hold Rating Reaffirmed at Stifel Nicolaus
www.americanbankingnews.com - July 21 at 6:42 PM |
 | Barclays Downgrades EQT GP Holdings, LP (EQGP) to Equalweight
www.streetinsider.com - July 19 at 5:57 AM |
| EQT GP Holdings, LP (NYSE:EQGP) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 17 at 11:37 AM |
| EQT GP Holdings,'s (NYSE:EQGP) "Buy" Rating Reaffirmed at Morgan Stanley
www.americanbankingnews.com - July 14 at 11:37 AM |
| EQT GP Holdings, LP (NYSE:EQGP) Expected to Announce Quarterly Sales of $203.31 Million
www.americanbankingnews.com - July 13 at 11:32 AM |
| Energy Transfer Equity Recovers Slightly from Last Week’s Losses
finance.yahoo.com - July 12 at 6:58 PM |
| EQT 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 |
| Zacks: 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 |
| EQT GP Holdings, LP (EQGP) Cut to Sell at BidaskClub
www.americanbankingnews.com - July 8 at 7:08 PM |
| EQT GP Holdings, LP (NYSE:EQGP) Upgraded by BidaskClub to Hold
www.americanbankingnews.com - June 30 at 11:32 PM |
| EQT 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 |
| Strength Seen in EQT GP Holdings (EQGP): Stock Soars 17%
finance.yahoo.com - June 20 at 5:44 PM |
| 7 things to know about the EQT-Rice Energy merger
finance.yahoo.com - June 20 at 5:44 PM |
| EQT GP Holdings, LP (EQGP) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 20 at 10:47 AM |
| Rice Energy Inc. -- Moody's affirms EQT at Baa3 and places Rice on review for upgrade
finance.yahoo.com - June 19 at 11:36 PM |
| $203.31 Million in Sales Expected for EQT GP Holdings, LP (EQGP) This Quarter
www.americanbankingnews.com - June 17 at 7:44 AM |
| Zacks: Analysts Anticipate EQT GP Holdings, LP (EQGP) Will Post Earnings of $0.21 Per Share
www.americanbankingnews.com - June 15 at 10:20 PM |
| EQT GP Holdings (EQGP) versus RDS-A (RDS-A) Critical Contrast
www.americanbankingnews.com - June 11 at 8:32 AM |
| Integrated workplace wellness service unveiled
finance.yahoo.com - June 8 at 6:01 PM |
| EQT GP Holdings LP (EQGP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 26 at 11:13 AM |
| TOLZ's Holdings Imply 10% Gain Potential
www.nasdaq.com - May 23 at 12:13 PM |
| EQT 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 |
| EQT GP Holdings LP :EQGP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 4:52 PM |
| EQT 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 |
| EQT GP Holdings (EQGP) Getting Positive News Coverage, Study Shows
www.americanbankingnews.com - May 1 at 3:18 PM |
| EQT GP Holdings LP (EQGP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 1 at 2:30 PM |
| $205.78 Million in Sales Expected for EQT GP Holdings LP (EQGP) This Quarter
www.americanbankingnews.com - April 30 at 10:34 AM |
 | EQT GP Holdings' (EQGP) CEO Steve Schlotterbeck on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 28 at 11:08 PM |
| Brokerages Expect EQT GP Holdings LP (EQGP) to Post $0.22 EPS
www.americanbankingnews.com - April 28 at 11:10 AM |
| EQT GP Holdings (EQGP) Receiving Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 27 at 11:00 PM |
| EQT GP Holdings LP (EQGP) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - April 27 at 9:54 PM |
| EQT GP beats 1Q profit forecasts
finance.yahoo.com - April 27 at 10:49 AM |
EQT GP Holdings, LP (EQGP) Chart for Sunday, September, 24, 2017
