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:
- Market Cap: $6.84 billion
- Outstanding Shares: 266,165,000
- 50 Day Moving Avg: $26.94
- 200 Day Moving Avg: $26.28
- 52 Week Range: $21.45 - $28.53
Sales & Book Value:
- Trailing P/E Ratio: 30.63
- Foreward P/E Ratio: 25.45
- P/E Growth: 1.21
- Annual Revenue: $753.25 million
- Price / Sales: 9.08
- Book Value: ($3.99) per share
- Price / Book: -6.44
- Annual Dividend: $0.71
- Dividend Yield: 2.8%
- EBIDTA: $600.95 million
- Net Margins: 29.55%
- Return on Equity: 11.43%
- Return on Assets: 7.68%
- Debt-to-Equity Ratio: 0.49%
- Current Ratio: 1.95%
- Quick Ratio: 1.95%
- 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?
Some companies that are related to EQT GP Holdings LP include Spectra Energy Partners, LP (SEP), Galp Energia Sgps (GLPEY), Mplx Lp (MPLX), Pembina Pipeline Corp (PBA), Noble Energy (NBL), Energy Transfer Partners LP (ETP), Ultrapar Participacoes SA (UGP), National-Oilwell Varco (NOV), Cheniere Energy (LNG), Marathon Oil (MRO), Cheniere Energy Partners LP (CQP), Cabot Oil & Gas Co. (COG), Cimarex Energy Co (XEC), Encana Corp (ECA), YPF SA (YPF), Tesoro (TSO), Diamondback Energy (FANG) and EQT (EQT).
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.
Earnings History for EQT GP Holdings LP (NYSE:EQGP)Earnings History by Quarter for EQT GP Holdings LP (NYSE:EQGP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
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
Current Dividend Information for EQT GP Holdings LP (NYSE:EQGP)
|Most Recent Dividend:||5/24/2017|
|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 History by Quarter for EQT GP Holdings LP (NYSE:EQGP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for EQT GP Holdings LP (NYSE:EQGP)
Latest Headlines for EQT GP Holdings LP (NYSE:EQGP)
|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) Declares Quarterly Dividend of $0.19|
www.americanbankingnews.com - April 26 at 5:48 PM
|EQT GP Holdings (EQGP) Earns Daily News Impact Score of 0.02|
www.americanbankingnews.com - April 24 at 10:44 AM
|EQT GP Holdings (EQGP) Given News Impact Score of 0.31|
www.americanbankingnews.com - April 21 at 2:40 PM
|EQT GP Holdings (EQGP) Given Daily Media Sentiment Rating of 0.31|
www.americanbankingnews.com - April 18 at 4:06 PM
|EQT GP Holdings (EQGP) Receives Media Sentiment Score of 0.35|
www.americanbankingnews.com - April 15 at 9:45 AM
|Royal Bank of Canada Reaffirms "Buy" Rating for EQT GP Holdings LP (EQGP)|
www.americanbankingnews.com - April 13 at 5:40 PM
|EQT 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
|EQT GP Holdings LP (EQGP) Expected to Post Quarterly Sales of $205.77 Million|
www.americanbankingnews.com - April 8 at 8:42 AM
|$0.22 Earnings Per Share Expected for EQT GP Holdings LP (EQGP) This Quarter|
www.americanbankingnews.com - April 6 at 8:21 PM
|EQT GP Holdings LP (EQGP) Receives "Hold" Rating from Scotiabank|
www.americanbankingnews.com - March 24 at 11:22 AM
|EQT 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
|EQT 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
|Steven Schlotterbeck Takes the Reins as CEO for EQT|
finance.yahoo.com - March 1 at 12:43 PM
|EQT GP Holdings upgraded by Morgan Stanley|
us.rd.yahoo.com - February 15 at 4:00 AM
|EQT GP Holdings (EQGP): Moving Average Crossover Alert|
finance.yahoo.com - February 13 at 5:47 PM
|EQT GP Holdings' (EQGP) on Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 2 at 10:34 PM
|Q4 2016 EQT GP Holdings LP Earnings Release - Before Market Open|
biz.yahoo.com - February 2 at 5:31 PM
|Ex-Dividend Reminder: Williams Partners LP, USA Compression Partners LP and EQT GP Holdings LP|
www.nasdaq.com - January 30 at 12:19 PM
|Form 8-K EQT Midstream Partners, For: Jan 19|
www.streetinsider.com - January 23 at 9:34 AM
|EQT GP HOLDINGS, LP Files SEC form 8-K, Change in Directors or Principal Officers|
biz.yahoo.com - January 23 at 9:34 AM
|4:02 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
|EQT GP Holdings (EQGP) Raises Quarterly Dividend 7.3% to $0.177; 2.6% Yield|
www.streetinsider.com - January 19 at 6:25 PM
|Investor touts merger of Colorado, Pennsylvania energy companies|
www.bizjournals.com - January 3 at 12:17 PM
|Range Resources denies talk of merger with EQT|
www.bizjournals.com - January 3 at 12:17 PM
|EQT Midstream Partners Forecasts FY17 Net Income, Capex - Quick Facts|
www.rttnews.com - December 12 at 11:51 AM
|EQT Midstream Partners Announces 2017 Financial and CAPEX Forecast; EQT GP Holdings Announces 2017 Distribution Forecast|
finance.yahoo.com - December 12 at 11:51 AM
|EQT forecasts $1.5B in capital expenditures in 2017|
www.bizjournals.com - December 12 at 11:51 AM
|EQT GP Holdings Becomes Oversold (EQGP)|
www.nasdaq.com - November 7 at 11:40 PM
|EQT GP Holdings (EQGP) Sees Hammer Chart Pattern: Time to Buy?|
www.nasdaq.com - November 2 at 11:08 PM
|EQT Midstream Partners, LP -- Moody's rates EQT Midstream's new notes Ba1|
www.moodys.com - November 1 at 5:03 PM
|Q3 2016 EQT GP Holdings LP Earnings Release - Before Market Open|
biz.yahoo.com - October 27 at 9:30 AM
|Why Earnings Season Could Be Great for EQT GP (EQGP)|
finance.yahoo.com - October 26 at 4:54 PM
|Why You Shouldn't Bet Against EQT GP (EQGP) Stock|
finance.yahoo.com - October 17 at 9:51 AM
EQT GP Holdings LP (EQGP) Chart for Friday, May, 26, 2017