NYSE:EQGP

EQGP (EQGP) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$19.97
$19.97
50-Day Range
$19.97
$19.97
52-Week Range
$15.36
$30.13
Volume
N/A
Average Volume
520,425 shs
Market Capitalization
$6.04 billion
P/E Ratio
20.38
Dividend Yield
6.31%
Price Target
N/A
EQGP stock logo

About EQGP Stock (NYSE:EQGP)

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.

EQGP Stock News Headlines

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SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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See More Headlines
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Company Calendar

Last Earnings
10/25/2018
Today
4/24/2024

Industry, Sector and Symbol

Industry
Natural Gas Transmission
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$261.99 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$834.10 million
Cash Flow
$1.35 per share
Book Value
$8.07 per share

Miscellaneous

Free Float
N/A
Market Cap
$6.04 billion
Optionable
Optionable
Beta
1.21
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Key Executives

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

EQGP Stock Analysis - Frequently Asked Questions

How were EQGP's earnings last quarter?

EQGP Holdings, LP (NYSE:EQGP) announced its quarterly 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 had revenue of $364.58 million for the quarter, compared to analysts' expectations of $361.93 million. EQGP had a net margin of 30.96% and a trailing twelve-month return on equity of 10.93%.

Is EQGP a good dividend stock?

EQGP (NYSE:EQGP) pays an annual dividend of $1.26 per share and currently has a dividend yield of 6.30%. EQGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 128.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EQGP will have a dividend payout ratio of 93.33% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for EQGP.

What other stocks do shareholders of EQGP own?
When did EQGP IPO?

EQGP (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 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.

This page (NYSE:EQGP) was last updated on 4/24/2024 by MarketBeat.com Staff

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