EQT GP 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. EQT GP Services, LLC serves as a general partner of the company. The company was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania. EQT GP Holdings, LP is a subsidiary of EQT Gathering Holdings, LLC.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:EQGP
Previous Symbol
CUSIPN/A
Phone412-553-5700
Debt
Debt-to-Equity Ratio0.69
Current Ratio0.34
Quick Ratio0.34
Price-To-Earnings
Trailing P/E Ratio20.30
Forward P/E Ratio15.91
P/E GrowthN/A
Sales & Book Value
Annual Sales$834.10 million
Price / Sales7.21
Cash Flow$1.3466 per share
Price / Cash Flow14.77
Book Value$8.07 per share
Price / Book2.46
Profitability
EPS (Most Recent Fiscal Year)$0.98
Net Income$261.99 million
Net Margins30.96%
Return on Equity10.93%
Return on Assets5.82%
Miscellaneous
EmployeesN/A
Outstanding Shares302,460,000
Market Cap$6.03 billion
OptionableOptionable
EQT GP (NYSE:EQGP) Frequently Asked Questions
What is EQT GP's stock symbol?
EQT GP trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQGP."
How often does EQT GP pay dividends? What is the dividend yield for EQT GP?
EQT GP declared a quarterly dividend on Tuesday, October 23rd. Shareholders of record on Friday, November 2nd will be paid a dividend of $0.315 per share on Friday, November 23rd. This represents a $1.26 annualized dividend and a yield of 6.33%. The ex-dividend date of this dividend is Thursday, November 1st. This is a positive change from EQT GP's previous quarterly dividend of $0.31. View EQT GP's Dividend History.
How were EQT GP's earnings last quarter?
EQT GP Holdings LP (NYSE:EQGP) announced its earnings results on Thursday, October, 25th. The oil and gas company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.03. The oil and gas company earned $364.58 million during the quarter, compared to analysts' expectations of $361.93 million. EQT GP had a net margin of 30.96% and a return on equity of 10.93%. View EQT GP's Earnings History.
When is EQT GP's next earnings date?
What price target have analysts set for EQGP?
14 brokers have issued 12 month price targets for EQT GP's shares. Their predictions range from $19.00 to $32.00. On average, they expect EQT GP's share price to reach $24.8333 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for EQT GP.
What is the consensus analysts' recommendation for EQT GP?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EQT GP in the last year. There are currently 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EQT GP.
Has EQT GP been receiving favorable news coverage?
News coverage about EQGP stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. EQT GP earned a news impact score of 1.1 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of EQT GP's key competitors?
Some companies that are related to EQT GP include Spectra Energy Partners (SEP), ENERGY TRANSFER/UT LTD PARTN INT (ET), Targa Resources (TRGP), Western Gas Partners (WES), Western Gas Equity Partners (WGP), Tallgrass Energy (TGE), Enable Midstream Partners (ENBL), EQM Midstream Partners (EQM), Antero Midstream Partners (AM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), Antero Midstream GP (AMGP), Transportadora de Gas del Sur (TGS), Dominion Energy Midstream Partners (DM) and TC Pipelines (TCP).
Who are EQT GP's key executives?
EQT GP's management team includes the folowing people:
- Ms. Jimmi Sue Smith, Chief Accounting Officer of EQT GP Services, LLC (Age 45)
- Mr. Thomas F. Karam, Pres, CEO & Director (Age 59)
- Mr. Robert J. McNally, Sr. VP, CFO & Director of EQT GP Services, LLC (Age 47)
- Mr. Patrick J. Kane CFA, Chief Investor Relations Officer
- Ms. Natalie A. Cox, Corp. Director of Communications - EQT GP Services LLC
When did EQT GP IPO?
(EQGP) raised $450 million in an initial public offering on Tuesday, May 12th 2015. The company issued 20,000,000 shares at $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 served 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 EQT GP's major shareholders?
EQT GP's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (2.57%), Chickasaw Capital Management LLC (1.07%), Kayne Anderson Capital Advisors LP (0.47%), Zimmer Partners LP (0.34%), Advisory Research Inc. (0.22%) and Tortoise Capital Advisors L.L.C. (0.18%). View Institutional Ownership Trends for EQT GP.
Which institutional investors are selling EQT GP stock?
EQGP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., JPMorgan Chase & Co., JPMorgan Chase & Co., Chickasaw Capital Management LLC, Morgan Stanley, Bank of Montreal Can, Catalyst Capital Advisors LLC and Conning Inc.. View Insider Buying and Selling for EQT GP.
Which institutional investors are buying EQT GP stock?
EQGP stock was purchased by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Kayne Anderson Capital Advisors LP, Virtus ETF Advisers LLC, Dividend Assets Capital LLC, Advisory Research Inc., Port Capital LLC, Alps Advisors Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for EQT GP.
How do I buy shares of EQT GP?
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 EQT GP's stock price today?
One share of EQGP stock can currently be purchased for approximately $19.89.
How big of a company is EQT GP?
EQT GP has a market capitalization of $6.03 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 EQT GP's official website?
How can I contact EQT GP?
EQT GP'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 EQT GP (NYSE EQGP)
MarketBeat's community ratings are surveys of what our community members think about EQT GP 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.
