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 Ratio14.755258126195
Forward P/E Ratio14.45
Sales & Book Value
Annual Sales$735.61 million
Price / Sales8.45
Cash Flow$5.92 per share
Price / Cash13.04
Book Value$24.74 per share
Price / Book3.12
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 declared a quarterly dividend on Wednesday, October 25th. Stockholders of record on Friday, November 3rd will be paid a dividend of $0.98 per share on Tuesday, November 14th. This represents a $3.92 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Thursday, November 2nd. This is a positive change 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) issued its quarterly earnings data on Thursday, October, 26th. The pipeline company reported $1.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.26 by $0.02. The pipeline company had revenue of $207.20 million for the quarter, compared to analyst estimates of $205.29 million. EQT Midstream Partners had a net margin of 65.99% and a return on equity of 25.85%. EQT Midstream Partners's revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.23 earnings per share. 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 2018?
10 equities research analysts have issued 12-month price objectives for EQT Midstream Partners' stock. Their forecasts range from $71.00 to $97.00. On average, they anticipate EQT Midstream Partners' share price to reach $89.50 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 Andeavor Logistics (ANDX), Targa Resources (TRGP), Columbia Pipeline Group (CPGX), 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), BP Midstream Partners (BPMP) and SemGroup (SEMG).
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 variety of of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (1.61%), Bank of Montreal Can (1.21%), Walnut Private Equity Partners LLC (0.03%), Creative Planning (0.03%), Starfire Investment Advisers Inc. (0.02%) and Covenant Asset Management LLC (0.00%). View Institutional Ownership Trends for EQT Midstream Partners.
Who sold EQT Midstream Partners stock? Who is selling EQT Midstream Partners stock?
Who bought EQT Midstream Partners stock? Who is buying EQT Midstream Partners stock?
EQT Midstream Partners' stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Chickasaw Capital Management LLC, Starfire Investment Advisers Inc., Walnut Private Equity Partners LLC and Creative Planning. 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 $77.17.
How big of a company is EQT Midstream Partners?
EQT Midstream Partners has a market capitalization of $6.33 billion and generates $735.61 million in revenue each year. The pipeline company earns $537.95 million in net income (profit) each year or $5.23 on an earnings per share basis.
How can I contact EQT Midstream Partners?
EQT Midstream Partners' mailing address is 625 Liberty Ave Ste 1700, PITTSBURGH, PA 15222-3114, United States. The pipeline company can be reached via phone at +1-412-5535700 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: ||2.80||2.75||2.67||2.57|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
4 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)
|Consensus Price Target: ||$89.50||$90.83||$91.50||$91.00|
|Price Target Upside: ||15.98% upside||33.62% upside||20.05% upside||19.28% upside|
EQT Midstream Partners (NYSE:EQM) Consensus Price Target History
EQT Midstream Partners (NYSE:EQM) Analyst Ratings History
(Data available from 1/17/2016 forward)
EQT Midstream Partners (NYSE:EQM) Earnings History and Estimates Chart
EQT Midstream Partners (NYSE EQM) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|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
2018 EPS Consensus Estimate: $5.30
(Earnings estimates 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:||21.90% (3 Year Average)|
|Payout Ratio:||74.95% (Trailing 12 Months of Earnings) |
73.41% (Based on This Year's Estimates)
65.22% (Based on Next Year's Estimates)
|Track Record:||5 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) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 73.78%
EQT Midstream Partners (NYSE EQM) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/31/2017||M Elise Hyland||COO||Sell||1,001||$76.45||$76,526.45||7,900|| |
|3/18/2015||Michael A Bryson||Director||Buy||1,000||$75.00||$75,000.00|| |
|5/8/2014||Michael Bryson||Director||Buy||1,000||$75.90||$75,900.00||2,450|| |
|9/18/2013||Michael Bryson||Director||Sell||1,750||$48.71||$85,242.50||3,000|| |
EQT Midstream Partners (NYSE EQM) News Headlines
|EQT Midstream Partners (EQM) PT Set at $90.00 by Stifel Nicolaus|
www.americanbankingnews.com - January 17 at 8:32 AM
|EQT Midstream Partners LP (EQM) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - January 9 at 7:08 PM
|EQT Midstream Partners (EQM) Coverage Initiated by Analysts at Bank of America|
www.americanbankingnews.com - January 9 at 9:44 AM
|EQT Midstream Partners (EQM) Earns Neutral Rating from Analysts at Credit Suisse Group|
www.americanbankingnews.com - January 5 at 6:28 PM
|FY2017 EPS Estimates for EQT Midstream Partners LP Lowered by US Capital Advisors (EQM)|
www.americanbankingnews.com - January 5 at 8:38 AM
|Zacks: Brokerages Expect EQT Midstream Partners LP (EQM) Will Announce Earnings of $1.55 Per Share|
www.americanbankingnews.com - December 31 at 11:12 PM
|MLPs Paying 5% To 8% With The Best Dividend Growth Ahead|
finance.yahoo.com - December 31 at 9:39 AM
|$238.48 Million in Sales Expected for EQT Midstream Partners LP (EQM) This Quarter|
www.americanbankingnews.com - December 17 at 12:50 PM
|EQT Midstream Partners LP (EQM) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - December 15 at 5:26 PM
|Head to Head Comparison: EQT Midstream Partners (EQM) & ONEOK (OKE)|
www.americanbankingnews.com - December 15 at 1:36 PM
|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
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 Wednesday, January, 17, 2018