About EQT Midstream Partners (NYSE:EQM)
EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company's 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. Transmission includes EQM's FERC-regulated interstate pipeline and storage business. The Company's operations are primarily focused in southwestern Pennsylvania and northern West Virginia. As of December 31, 2016, the Company provided midstream services to EQT Corporation (EQT) and a range of third parties across 24 counties in Pennsylvania, West Virginia and Ohio through its two assets: the gathering system, which delivered natural gas from wells and other receipt points to transmission pipelines, and the transmission and storage system, which served as a header system transmission pipeline.
Industry, Sector and Symbol
Industry Oil & Gas Transportation Services
Trailing P/E Ratio13.61
Forward P/E Ratio12.88
Sales & Book Value
Annual Sales$735.61 million
Price / Sales7.94
Cash Flow$6.03 per share
Price / Cash12.03
Book Value$24.74 per share
Price / Book2.93
Net Income$537.95 million
Return on Equity25.85%
Return on Assets16.59%
EQT Midstream Partners (NYSE:EQM) Frequently Asked Questions
What is EQT Midstream Partners' stock symbol?
EQT Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQM."
How often does EQT Midstream Partners pay dividends? What is the dividend yield for EQT Midstream Partners?
EQT Midstream Partners announced a quarterly dividend on Wednesday, October 25th. Stockholders of record on Friday, November 3rd will be given a dividend of $0.98 per share on Tuesday, November 14th. This represents a $3.92 annualized dividend and a dividend yield of 5.41%. The ex-dividend date is Thursday, November 2nd. This is a boost from EQT Midstream Partners's previous quarterly dividend of $0.94. View EQT Midstream Partners' Dividend History.
How were EQT Midstream Partners' earnings last quarter?
EQT Midstream Partners LP (NYSE:EQM) posted its earnings results on Thursday, October, 26th. The pipeline company reported $1.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.26 by $0.02. The pipeline company had revenue of $207.20 million for the quarter, compared to analysts' expectations of $205.29 million. EQT Midstream Partners had a net margin of 65.99% and a return on equity of 25.85%. The firm's quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.23 EPS. View EQT Midstream Partners' Earnings History.
When will EQT Midstream Partners make its next earnings announcement?
Where is EQT Midstream Partners' stock going? Where will EQT Midstream Partners' stock price be in 2017?
8 Wall Street analysts have issued 12-month price objectives for EQT Midstream Partners' stock. Their forecasts range from $79.00 to $97.00. On average, they anticipate EQT Midstream Partners' stock price to reach $90.83 in the next twelve months. View Analyst Ratings for EQT Midstream Partners.
Who are some of EQT Midstream Partners' key competitors?
Some companies that are related to EQT Midstream Partners include Columbia Pipeline Group (CPGX), Tesoro Logistics (ANDX), Targa Resources (TRGP), Buckeye Partners (BPL), Frontline (FRO), Enable Midstream Partners (ENBL), Plains GP (PAGP), Phillips 66 Partners (PSXP), EnLink Midstream Partners (ENLK), Shell Midstream Partners (SHLX), Enbridge Energy Partners (EEP), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC), Valero Energy Partners (VLP), Genesis Energy (GEL), SemGroup (SEMG) and BP Midstream Partners (BPMP).
Who are EQT Midstream Partners' key executives?
EQT Midstream Partners' management team includes the folowing people:
- David L. Porges, Chairman of the Board of General Partner (Age 60)
- Steven T. Schlotterbeck, President, Chief Executive Officer of General Partner (Age 51)
- Robert J. McNally, Chief Financial Officer, Senior Vice President, Director of General Partner (Age 46)
- Jeremiah J. Ashcroft III, Chief Operating Officer, Senior Vice President, Director of General Partner (Age 45)
- Mary Elise Hyland, Senior Vice President, Special Projects of General Partner (Age 54)
- Jimmi Sue Smith, Chief Accounting Officer of General Partner (Age 45)
- Lewis B. Gardner, Director of General partner (Age 60)
- Julian Mark Bott, Independent Director of General Partner (Age 54)
- Michael A. Bryson, Independent Director of General Partner (Age 70)
- Philip P. Conti, Independent Director of General Partner (Age 56)
Who owns EQT Midstream Partners stock?
EQT Midstream Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (10.82%), Alps Advisors Inc. (5.91%), Neuberger Berman Group LLC (4.07%), Kayne Anderson Capital Advisors LP (3.11%), Harvest Fund Advisors LLC (3.04%) and JPMorgan Chase & Co. (1.58%). View Institutional Ownership Trends for EQT Midstream Partners.
Who sold EQT Midstream Partners stock? Who is selling EQT Midstream Partners stock?
EQT Midstream Partners' stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Miller Howard Investments Inc. NY, Virtu Financial LLC, Neuberger Berman Group LLC, Friedberg Investment Management, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Wells Fargo & Company MN and Sei Investments Co.. View Insider Buying and Selling for EQT Midstream Partners.
Who bought EQT Midstream Partners stock? Who is buying EQT Midstream Partners stock?
EQT Midstream Partners' stock was acquired by a variety of institutional investors in the last quarter, including Alps Advisors Inc., JPMorgan Chase & Co., Cadence Capital Management LLC, American Century Companies Inc., ING Groep NV, Evergreen Capital Management LLC, Hamlin Capital Management LLC and Global X MANAGEMENT CO LLC. View Insider Buying and Selling for EQT Midstream Partners.
How do I buy EQT Midstream Partners stock?
Shares of EQT Midstream Partners 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 Midstream Partners' stock price today?
One share of EQT Midstream Partners stock can currently be purchased for approximately $72.51.
How big of a company is EQT Midstream Partners?
EQT Midstream Partners has a market capitalization of $5.73 billion and generates $735.61 million in revenue each year. The pipeline company earns $537.95 million in net income (profit) each year or $5.22 on an earnings per share basis.
How can I contact EQT Midstream Partners?
EQT Midstream Partners' mailing address is 625 Liberty Avenue Suite1700, Pittsburgh PA, 15222. The pipeline company can be reached via phone at 412-553-5700 or via email at [email protected]
MarketBeat Community Rating for EQT Midstream Partners (EQM)MarketBeat's community ratings are surveys of what our community members think about EQT Midstream Partners and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
EQT Midstream Partners (NYSE:EQM) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.70||2.67||2.57||2.70|
|Ratings Breakdown: ||0 Sell Rating(s)|
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$90.83||$91.50||$91.00||$89.06|
|Price Target Upside: ||33.62% upside||27.31% upside||21.35% upside||15.32% upside|
EQT Midstream Partners (NYSE:EQM) Consensus Price Target History
EQT Midstream Partners (NYSE:EQM) Analyst Ratings History
(Data available from 12/14/2015 forward)
EQT Midstream Partners (NYSE:EQM) Earnings History and Estimates Chart
EQT Midstream Partners (NYSE EQM) Earnings History by Quarter
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$1.26||$1.28||$205.29 million||$207.20 million||View||N/A|
|7/27/2017||Q2 2017||$1.31||$1.27||$195.00 million||$199.00 million||View||N/A|
|4/27/2017||Q1 2017||$1.38||$1.36||$204.73 million||$203.40 million||View||N/A|
|2/2/2017||Q416||$1.34||$1.31||$191.84 million||$195.01 million||View||Listen|
|10/27/2016||Q316||$1.18||$1.23||$176.24 million||$170.84 million||View||Listen|
|7/28/2016||Q216||$1.15||$1.27||$172.47 million||$172.00 million||View||Listen|
|4/28/2016||Q1||$1.19||$1.39||$167.42 million||$180.60 million||View||Listen|
|2/4/2016||Q415||$1.09||$1.26||$157.74 million||$165.90 million||View||N/A|
|10/22/2015||Q315||$1.10||$1.12||$153.60 million||$148.78 million||View||Listen|
|7/23/2015||Q215||$1.23||$1.12||$152.19 million||$144.60 million||View||Listen|
|4/23/2015||Q115||$0.99||$1.18||$605.04 million||$154.80 million||View||N/A|
|2/5/2015||Q414||$1.00||$1.12||$111.69 million||$112.14 million||View||N/A|
|10/23/2014||Q314||$0.85||$0.85||$97.25 million||$95.84 million||View||Listen|
|7/24/2014||Q214||$0.78||$0.81||$576.62 million||$91.57 million||View||N/A|
|4/24/2014||Q114||$0.61||$0.69||$52.10 million||$62.57 million||View||N/A|
|2/19/2014||Q413||$0.56||$0.62||$49.96 million||$50.81 million||View||N/A|
|10/24/2013||Q313||$0.49||$0.60||$46.83 million||$45.88 million||View||N/A|
|7/25/2013||Q2 2013||$0.50||$0.50||$42.44 million||$44.84 million||View||N/A|
EQT Midstream Partners (NYSE:EQM) Earnings Estimates
2017 EPS Consensus Estimate: $5.18
2018 EPS Consensus Estimate: $5.77
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
EQT Midstream Partners (NYSE:EQM) Dividend Information
|Most Recent Dividend:||11/14/2017|
|Dividend Growth:||25.30% (3 Year Average)|
|Payout Ratio:||75.10% (Trailing 12 Months of Earnings) |
69.63% (Based on This Year's Estimates)
68.53% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
EQT Midstream Partners (NYSE:EQM) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
EQT Midstream Partners (NYSE EQM) News Headlines
|EQT Midstream Partners (EQM), Rice Midstream Partners (RMP) Announce Distribution Outlook for 2018|
www.streetinsider.com - December 14 at 10:03 AM
|EQT, Rice Midstream look to 'simplify'|
www.bizjournals.com - December 13 at 10:16 AM
|Where EQM Stands in the Earnings Margin Lineup among Top MLPs|
finance.yahoo.com - December 7 at 5:17 PM
|Should Value Investors Pick EQT Midstream Partners (EQM)?|
finance.yahoo.com - December 6 at 4:59 PM
|4 Under-the-Radar Stocks Yielding More Than 4% That You Won't Want to Miss|
finance.yahoo.com - December 1 at 5:14 PM
|ETFs with exposure to EQT Midstream Partners LP : November 30, 2017|
finance.yahoo.com - November 30 at 4:55 PM
|Tesoro Logistics (ANDX) versus EQT Midstream Partners (EQM) Head-To-Head Contrast|
www.americanbankingnews.com - November 28 at 7:10 PM
| Analysts Expect EQT Midstream Partners, LP (EQM) Will Post Earnings of $1.55 Per Share|
www.americanbankingnews.com - November 26 at 9:16 PM
|EQT Midstream Partners LP - MarketWatch|
www.marketwatch.com - November 22 at 3:36 PM
|FY2018 EPS Estimates for EQT Midstream Partners, LP Increased by Seaport Global Securities (EQM)|
www.americanbankingnews.com - November 22 at 2:24 PM
|EQT Midstream Partners, LP (EQM) Expected to Earn FY2017 Earnings of $5.39 Per Share|
www.americanbankingnews.com - November 21 at 7:58 AM
|EQT Midstream Partners, LP (EQM) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - November 20 at 5:44 PM
|Morgan Stanley Lowers EQT Midstream Partners, LP (EQM) Price Target to $83.00|
www.americanbankingnews.com - November 17 at 10:40 PM
|US Capital Advisors Downgrades EQT Midstream Partners, LP (EQM) to Buy|
www.americanbankingnews.com - November 17 at 11:42 AM
|EQT Midstream Partners Stock Getting Very Oversold|
www.nasdaq.com - November 16 at 1:57 PM
| Analysts Expect EQT Midstream Partners, LP (EQM) Will Announce Quarterly Sales of $227.20 Million|
www.americanbankingnews.com - November 10 at 9:58 AM
|Head to Head Contrast: Plains All American Pipeline, L.P. (PAA) & EQT Midstream Partners, (EQM)|
www.americanbankingnews.com - November 9 at 1:12 AM
|5 Stocks to Buy With Oil Prices Hitting Highs Again|
finance.yahoo.com - November 6 at 7:52 PM
|EQT Midstream Partners LP : EQM-US: Dividend Analysis : November 03rd, 2017 (record date) : By the numbers : November 3, 2017|
finance.yahoo.com - November 3 at 12:48 PM
|ETFs with exposure to EQT Midstream Partners LP : November 2, 2017|
finance.yahoo.com - November 2 at 7:34 PM
|EQM Ex-Dividend Reminder - 11/2/17 - Nasdaq|
www.nasdaq.com - November 2 at 5:27 AM
|EQT Midstream Partners LP :EQM-US: Earnings Analysis: Q3, 2017 By the Numbers : November 1, 2017|
finance.yahoo.com - November 1 at 7:25 PM
|Critical Review: EQT Midstream Partners, (EQM) and Sunoco Logistics Partners (ETP)|
www.americanbankingnews.com - October 31 at 1:14 AM
|EQT Midstream Partners' (EQM) Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - October 28 at 6:41 PM
|EQT Midstream Partners, LP (EQM) Receives "Overweight" Rating from Mitsubishi UFJ Financial Group|
www.americanbankingnews.com - October 28 at 12:22 PM
|EQT Midstream Partners, LP 2017 Q3 - Results - Earnings Call Slides|
seekingalpha.com - October 27 at 10:18 PM
|EQT GP's (EQGP) CEO Steve Schlotterbeck on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - October 27 at 3:55 AM
|Edited Transcript of EQM earnings conference call or presentation 26-Oct-17 3:30pm GMT|
finance.yahoo.com - October 27 at 3:55 AM
|EQT Midstream Partners, LP (EQM) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - October 26 at 9:38 PM
|EQT confident Mountain Valley Pipeline on schedule|
www.bizjournals.com - October 26 at 5:54 PM
|BRIEF-Eqt Midstream Partners qtrly net income/limited partner unit $1.28|
www.reuters.com - October 26 at 5:53 PM
|EQT Midstream Partners, LP (EQM) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS|
www.americanbankingnews.com - October 26 at 4:04 PM
|Q3 2017 Results Announced for EQT Midstream Partners and EQT GP Holdings - Business Wire (press release)|
www.businesswire.com - October 26 at 11:40 AM
|EQT Midstream Partners, LP (EQM) Declares Quarterly Dividend of $0.98|
www.americanbankingnews.com - October 26 at 12:36 AM
|BRIEF-EQT Midstream Partners LP declares quarterly cash distribution of $0.98 per unit for Q3|
www.reuters.com - October 25 at 4:03 AM
|MLPs: Taking The Under - Seeking Alpha|
seekingalpha.com - October 23 at 9:04 PM
|Oversold Conditions For EQT Midstream Partners (EQM)|
www.nasdaq.com - October 20 at 9:07 PM
|EQT Midstream Partners, LP (EQM) to Release Quarterly Earnings on Thursday|
www.americanbankingnews.com - October 19 at 2:08 AM
|EQT Midstream Partners LP breached its 50 day moving average in a Bearish Manner : EQM-US : October 17, 2017|
finance.yahoo.com - October 17 at 7:06 PM
|EQT Midstream Partners, LP (EQM) Downgraded by Zacks Investment Research to Strong Sell|
www.americanbankingnews.com - October 16 at 9:24 PM
|U.S. FERC approves two big Marcellus/Utica to Southeast natgas pipes|
finance.yahoo.com - October 16 at 4:27 PM
|EQT Midstream Partners, LP to Post FY2018 Earnings of $3.70 Per Share, Seaport Global Securities Forecasts (EQM)|
www.americanbankingnews.com - October 12 at 1:54 PM
|Research Analysts Offer Predictions for EQT Midstream Partners, LP's Q3 2017 Earnings (EQM)|
www.americanbankingnews.com - October 11 at 6:54 AM
|EQT Midstream Partners, LP (EQM) Earns Buy Rating from Analysts at Seaport Global Securities|
www.americanbankingnews.com - October 10 at 9:14 AM
|EQT Midstream Partners, LP and EQT GP Holdings, LP Announce Third Quarter 2017 Joint Earnings Conference Call - Business Wire (press release)|
www.businesswire.com - October 5 at 10:36 PM
|EQT Midstream Partners LP breached its 50 day moving average in a Bearish Manner : EQM-US : September 27, 2017|
finance.yahoo.com - October 2 at 2:55 PM
|EQT Midstream Partners, LP (EQM) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - October 1 at 7:16 PM
|Six Oil Companies That Might Follow Anadarko's Move To Boost Shareholder Value|
www.forbes.com - September 30 at 3:57 PM
|Jana claims EQT-Rice Energy deal synergies 'grossly exaggerated'|
www.reuters.com - September 20 at 7:18 PM
|ETFs with exposure to EQT Midstream Partners LP : September 18, 2017|
finance.yahoo.com - September 18 at 6:11 PM
EQT Midstream Partners (NYSE:EQM) SEC Filings
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EQT Midstream Partners (NYSE:EQM) Income Statement, Balance Sheet and Cash Flow Statement
EQT Midstream Partners (NYSE EQM) Stock Chart for Thursday, December, 14, 2017