NYSE:EQGP - EQGP Stock Price, News, & Analysis

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$19.97 0.00 (0.00 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$19.97
Today's Range$19.97 - $19.97
52-Week Range$15.36 - $30.13
VolumeN/A
Average Volume520,425 shs
Market Capitalization$6.05 billion
P/E Ratio20.38
Dividend Yield6.30%
Beta1.21
EQGP Holdings, LP owns, operates, acquires, and develops midstream energy assets in the Appalachian Basin through owning partnership interests in EQT Midstream Partners, LP (EQM). The company operates in two segments, Gathering and Transmission. EQM offers natural gas transmission, storage, and gathering services to various third parties in Pennsylvania, West Virginia, and Ohio. As of December 31, 2017, it owned and operated 300 miles of high pressure gathering lines and 1,500 miles of Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering lines. EQGP Services, LLC serves as a general partner of the company. The company was formerly known as EQT GP Holdings, LP and changed its name to EQGP Holdings, LP in October 2018. The company was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania. EQGP Holdings, LP operates as a subsidiary of Equitrans Midstream Corporation.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone412-553-5700

Debt

Current Ratio0.34
Quick Ratio0.34

Price-To-Earnings

Sales & Book Value

Annual Sales$834.10 million
Price / Sales7.24
Cash Flow$1.3484 per share
Price / Cash Flow14.81
Book Value$8.07 per share
Price / Book2.47

Profitability

Net Income$261.99 million
Net Margins30.96%
Return on Assets5.82%

Miscellaneous

EmployeesN/A
Market Cap$6.05 billion
OptionableOptionable

EQGP (NYSE:EQGP) Frequently Asked Questions

What is EQGP's stock symbol?

EQGP trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQGP."

How often does EQGP pay dividends? What is the dividend yield for EQGP?

EQGP declared a quarterly dividend on Tuesday, October 23rd. Investors of record on Friday, November 2nd will be given a dividend of $0.315 per share on Friday, November 23rd. This represents a $1.26 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend is Thursday, November 1st. This is a boost from EQGP's previous quarterly dividend of $0.31. View EQGP's Dividend History.

How were EQGP's earnings last quarter?

EQGP Holdings LP (NYSE:EQGP) released its quarterly earnings data on Thursday, October, 25th. The oil and gas company reported $0.31 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.03. The oil and gas company earned $364.58 million during the quarter, compared to the consensus estimate of $361.93 million. EQGP had a return on equity of 10.93% and a net margin of 30.96%. View EQGP's Earnings History.

When is EQGP's next earnings date?

EQGP is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for EQGP.

What price target have analysts set for EQGP?

13 Wall Street analysts have issued 12-month price objectives for EQGP's shares. Their predictions range from $19.00 to $32.00. On average, they expect EQGP's stock price to reach $24.2682 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price. View Analyst Price Targets for EQGP.

What is the consensus analysts' recommendation for EQGP?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQGP in the last year. There are currently 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EQGP.

Has EQGP been receiving favorable news coverage?

News stories about EQGP stock have trended somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. EQGP earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of EQGP's key competitors?

Who are EQGP's key executives?

EQGP's management team includes the folowing people:
  • Mr. Thomas F. Karam, Pres, CEO & Director (Age 59)
  • Mr. Kirk R. Oliver, Sr. VP, CFO & Director of EQGP Services, LLC (Age 60)
  • Ms. Diana M. Charletta, Exec. VP, COO & Director of EQGP Services, LLC (Age 46)
  • Mr. Phillip D. Swisher, VP & Chief Accounting Officer of EQGP Services, LLC (Age 45)
  • Ms. Natalie A. Cox, Corp. Director of Communications - EQT GP Services LLC

When did EQGP 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 are EQGP's major shareholders?

EQGP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.07%) and Chickasaw Capital Management LLC (0.05%). Company insiders that own EQGP stock include David L Porges, Diana M Charletta, Midstream Corp Equitrans and Phillip D Swisher. View Institutional Ownership Trends for EQGP.

Which institutional investors are selling EQGP stock?

EQGP stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC and Spirit of America Management Corp NY. Company insiders that have sold EQGP company stock in the last year include David L Porges, Diana M Charletta and Phillip D Swisher. View Insider Buying and Selling for EQGP.

How do I buy shares of EQGP?

Shares of EQGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is EQGP's stock price today?

One share of EQGP stock can currently be purchased for approximately $19.97.

How big of a company is EQGP?

EQGP has a market capitalization of $6.05 billion and generates $834.10 million in revenue each year. The oil and gas company earns $261.99 million in net income (profit) each year or $0.98 on an earnings per share basis.

What is EQGP's official website?

The official website for EQGP is http://www.eqtmidstreampartners.com.

How can I contact EQGP?

EQGP's mailing address is 625 LIBERTY AVENUE SUITE 1700, PITTSBURGH PA, 15222. The oil and gas company can be reached via phone at 412-553-5700 or via email at [email protected]


MarketBeat Community Rating for EQGP (NYSE EQGP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  463
MarketBeat's community ratings are surveys of what our community members think about EQGP and other stocks. Vote "Outperform" if you believe EQGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EQGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/15/2019 by MarketBeat.com Staff

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