EQT GP Holdings LP owns the general partner interest, incentive distribution rights, and portion of limited partnert interests in EQT Midstream Partners, LP. The company was founded in January 2015 and is headquartered in Pittsburgh, PA.
Industry, Sector and Symbol
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:EQGP
CUSIPN/A
Phone412-553-5700
Debt
Debt-to-Equity Ratio0.54%
Current Ratio0.69%
Quick Ratio0.69%
Price-To-Earnings
Trailing P/E Ratio25.24
Forward P/E Ratio22.28
P/E Growth1.22
Sales & Book Value
Annual Sales$834.10 million
Price / Sales7.89
Cash Flow$1.3648 per share
Price / Cash18.12
Book Value$8.07 per share
Price / Book3.06
Profitability
EPS (Most Recent Fiscal Year)$0.98
Net Income$261.99 million
Net Margins31.41%
Return on Equity12.52%
Return on Assets7.89%
Miscellaneous
EmployeesN/A
Outstanding Shares266,170,000
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 announced a quarterly dividend on Monday, January 22nd. Stockholders of record on Friday, February 2nd will be paid a dividend of $0.244 per share on Friday, February 23rd. This represents a $0.98 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend is Thursday, February 1st. This is an increase from EQT GP's previous quarterly dividend of $0.23. View EQT GP's Dividend History.
How were EQT GP's earnings last quarter?
EQT GP Holdings LP (NYSE:EQGP) posted its quarterly earnings results on Thursday, February, 15th. The oil and gas company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.02. The oil and gas company earned $224.51 million during the quarter. EQT GP had a return on equity of 12.52% and a net margin of 31.41%. View EQT GP's Earnings History.
What price target have analysts set for EQGP?
13 analysts have issued 1 year price targets for EQT GP's shares. Their predictions range from $26.00 to $32.00. On average, they anticipate EQT GP's stock price to reach $29.8182 in the next year. View Analyst Ratings for EQT GP.
Who are some of EQT GP's key competitors?
Some companies that are related to EQT GP include Williams Companies (WMB), Energy Transfer Equity (ETE), Spectra Energy Partners GP (SEP), Targa Resources (TRGP), Western Gas Equity (WGP), Western Gas Partners (WES), Enable Midstream Partners (ENBL), DCP Midstream (DCP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP), Transportadora de Gas del Sur (TGS) and Antero Midstream GP (AMGP).
Who are EQT GP's key executives?
EQT GP's management team includes the folowing people:
- Jeremiah J. Ashcroft, President, Chief Executive Officer, COO & SVP
- Robert J. McNally, Chief Financial Officer, Director & Senior VP
- Philip P. Conti, Senior Vice President-Special Projects
- Jimmi Sue Smith, Chief Accounting Officer
- Nathan Tetlow, Director-Investor Relations
When did EQT GP IPO?
(EQGP) raised $450 million in an initial public offering (IPO) 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.
Has EQT GP been receiving favorable news coverage?
Press coverage about EQGP stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. EQT GP earned a coverage optimism score of 0.14 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 45.28 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
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 $24.73.
How big of a company is EQT GP?
EQT GP has a market capitalization of $6.51 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.
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 (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.
EQT GP (NYSE:EQGP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for EQT GP in the last 12 months. Their average twelve-month price target is $29.8182, suggesting that the stock has a possible upside of 20.57%. The high price target for EQGP is $32.00 and the low price target for EQGP is $26.00. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.46 | 2.33 | 2.67 | 2.63 |
| Ratings Breakdown: | 0 Sell Rating(s)
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
8 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $29.8182 | $31.30 | $32.50 | $32.8571 |
| Price Target Upside: | 20.57% upside | 42.40% upside | 14.04% upside | 19.26% upside |
EQT GP (NYSE:EQGP) Consensus Price Target History
EQT GP (NYSE:EQGP) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
EQT GP (NYSE:EQGP) Dividend Information
EQT GP pays an annual dividend of $0.98 per share, with a dividend yield of 3.96%. EQGP's most recent quarterly dividend payment was Friday, February 23. EQT GP pays out 100.00% of its earnings out as a dividend.
| Most Recent Dividend: | 2/23/2018 |
| Annual Dividend: | $0.98 |
| Dividend Yield: | 3.96% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 100.00% (Trailing 12 Months of Earnings)
88.29% (Based on This Year's Estimates)
63.64% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
EQT GP (NYSE:EQGP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/22/2018 | quarterly | $0.2440 | 3.42% | 2/1/2018 | 2/2/2018 | 2/23/2018 |
| 10/25/2017 | quarterly | $0.2280 | 3.45% | 11/2/2017 | 11/3/2017 | 11/22/2017 |
| 7/26/2017 | quarterly | $0.21 | 2.9% | 8/2/2017 | 8/4/2017 | 8/23/2017 |
| 4/26/2017 | quarterly | $0.1910 | 2.86% | 5/3/2017 | 5/5/2017 | 5/24/2017 |
| 1/19/2017 | quarterly | $0.1770 | 2.64% | 2/1/2017 | 2/3/2017 | 2/23/2017 |
| 10/25/2016 | quarterly | $0.1650 | 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 | $0.1340 | 2.03% | 5/4/2016 | 5/6/2016 | 5/23/2016 |
| 1/21/2016 | quarterly | $0.1220 | 1.97% | 1/28/2016 | 2/1/2016 | 2/22/2016 |
| 10/21/2015 | quarterly | $0.1040 | 1.58% | 10/29/2015 | 11/2/2015 | 11/23/2015 |
| 7/21/2015 | quarterly | $0.0474 | | 7/31/2015 | 8/4/2015 | 8/24/2015 |
(Data available from 1/1/2013 forward)
EQT GP (NYSE EQGP) News Headlines
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EQT GP (NYSE:EQGP) SEC Filings
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EQT GP (NYSE:EQGP) Income Statement, Balance Sheet and Cash Flow Statement
EQT GP (NYSE EQGP) Stock Chart for Tuesday, April, 24, 2018
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