EQT Midstream Partners LP Company Profile (NYSE:EQM)

About EQT Midstream Partners LP (NYSE:EQM)

EQT Midstream Partners LP logoEQT 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: Capitalization:
  • Market Cap: $5.99 billion
  • Outstanding Shares: 80,581,000
Average Prices:
  • 50 Day Moving Avg: $76.03
  • 200 Day Moving Avg: $76.24
  • 52 Week Range: $69.20 - $82.99
P/E:
  • Trailing P/E Ratio: 14.35
  • Foreward P/E Ratio: 13.11
  • P/E Growth: 1.83
Sales & Book Value:
  • Annual Revenue: $753.25 million
  • Price / Sales: 7.95
  • Book Value: $25.45 per share
  • Price / Book: 2.92
Dividend:
  • Annual Dividend: $3.40
  • Dividend Yield: 4.8%
Profitability:
  • EBIDTA: $604.17 million
  • Net Margins: 67.66%
  • Return on Equity: 26.15%
  • Return on Assets: 17.58%
Debt:
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 1.98%
  • Quick Ratio: 1.98%
Misc:
  • Average Volume: 199,759 shs.
  • Beta: 0.91
  • Short Ratio: 11.22
 

Frequently Asked Questions for EQT Midstream Partners LP (NYSE:EQM)

What is EQT Midstream Partners LP's stock symbol?

EQT Midstream Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQM."

How often does EQT Midstream Partners LP pay dividends? What is the dividend yield for EQT Midstream Partners LP?

EQT Midstream Partners LP announced a quarterly dividend on Tuesday, April 25th. Investors of record on Friday, May 5th will be paid a dividend of $0.89 per share on Monday, May 15th. This represents a $3.56 annualized dividend and a yield of 4.79%. The ex-dividend date of this dividend is Wednesday, May 3rd. This is a boost from EQT Midstream Partners LP's previous quarterly dividend of $0.85. View EQT Midstream Partners LP's Dividend History.

How were EQT Midstream Partners LP's earnings last quarter?

EQT Midstream Partners LP (NYSE:EQM) issued its earnings results on Thursday, April, 27th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.38 by $0.02. The company earned $203.40 million during the quarter, compared to analyst estimates of $204.73 million. EQT Midstream Partners LP had a net margin of 67.66% and a return on equity of 26.15%. The company's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.39 earnings per share. View EQT Midstream Partners LP's Earnings History.

When will EQT Midstream Partners LP make its next earnings announcement?

EQT Midstream Partners LP is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for EQT Midstream Partners LP.

Where is EQT Midstream Partners LP's stock going? Where will EQT Midstream Partners LP's stock price be in 2017?

7 equities research analysts have issued 1 year target prices for EQT Midstream Partners LP's stock. Their forecasts range from $82.00 to $98.00. On average, they expect EQT Midstream Partners LP's share price to reach $92.00 in the next twelve months. View Analyst Ratings for EQT Midstream Partners LP.

Who are some of EQT Midstream Partners LP's key competitors?

Who are EQT Midstream Partners LP's key executives?

EQT Midstream Partners LP's management team includes the folowing people:

  • David L. Porges, Chairman of the Board of General Partner
  • Steven T. Schlotterbeck, President, Chief Executive Officer of General Partner
  • Robert J. McNally, Chief Financial Officer, Senior Vice President, Director of General Partner
  • M. Elise Hyland, Chief Operating Officer, Senior Vice President, Director of General Partner
  • Jimmi Sue Smith, Chief Accounting Officer of General Partner
  • Lewis B. Gardner, Director of General partner
  • Julian Mark Bott, Independent Director of General Partner
  • Michael A. Bryson, Independent Director of General Partner
  • Philip P. Conti, Independent Director of General Partner
  • Lara E. Washington, Independent Director of General partner

Who owns EQT Midstream Partners LP stock?

EQT Midstream Partners LP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (4.97%), Neuberger Berman Group LLC (3.99%), OppenheimerFunds Inc. (3.38%), Kayne Anderson Capital Advisors LP (3.17%), Morgan Stanley (2.41%) and UBS Group AG (1.79%). View Institutional Ownership Trends for EQT Midstream Partners LP.

Who sold EQT Midstream Partners LP stock? Who is selling EQT Midstream Partners LP stock?

EQT Midstream Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Brookfield Asset Management Inc., Goldman Sachs Group Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, OppenheimerFunds Inc., TPH Asset Management LLC, Atlantic Trust Group LLC and Tiedemann Wealth Management LLC. View Insider Buying and Selling for EQT Midstream Partners LP.

Who bought EQT Midstream Partners LP stock? Who is buying EQT Midstream Partners LP stock?

EQT Midstream Partners LP's stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., ING Groep NV, Neuberger Berman Group LLC, Chickasaw Capital Management LLC, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Bank of America Corp DE and JPMorgan Chase & Co.. View Insider Buying and Selling for EQT Midstream Partners LP.

How do I buy EQT Midstream Partners LP stock?

Shares of EQT Midstream Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is EQT Midstream Partners LP's stock price today?

One share of EQT Midstream Partners LP stock can currently be purchased for approximately $74.36.


MarketBeat Community Rating for EQT Midstream Partners LP (NYSE EQM)
Community Ranking:  3.1 out of 5 (  )
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  381
MarketBeat's community ratings are surveys of what our community members think about EQT Midstream Partners LP 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.

Analyst Ratings

Consensus Ratings for EQT Midstream Partners LP (NYSE:EQM) (?)
Ratings Breakdown: 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $92.00 (23.72% upside)

Analysts' Ratings History for EQT Midstream Partners LP (NYSE:EQM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/21/2017ScotiabankReiterated RatingHold$94.00LowView Rating Details
3/17/2017Royal Bank of CanadaReiterated RatingBuy$98.00LowView Rating Details
2/14/2017Morgan StanleyUpgradeEqual Weight -> Buy$87.00 -> $89.00N/AView Rating Details
1/26/2017Janney Montgomery ScottInitiated CoverageBuy$97.00N/AView Rating Details
10/14/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
10/14/2016Stifel NicolausBoost Price TargetHold$78.00 -> $82.00N/AView Rating Details
8/16/2016Credit Suisse Group AGReiterated RatingNeutralN/AView Rating Details
3/3/2016JPMorgan Chase & Co.Lower Price TargetOverweight$100.00 -> $99.00N/AView Rating Details
2/10/2016Citigroup IncLower Price Target$97.00 -> $75.50N/AView Rating Details
2/9/2016Goldman Sachs Group IncReiterated RatingBuyN/AView Rating Details
1/15/2016Wells Fargo & CoUpgradeMarket Perform -> Outperform$78.00N/AView Rating Details
12/15/2015Howard WeilDowngradeSector Outperform -> Sector Perform$84.00N/AView Rating Details
12/8/2015Mitsubishi UFJ Financial Group IncReiterated RatingOverweightN/AView Rating Details
7/2/2015Barclays PLCReiterated RatingOverweight$101.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for EQT Midstream Partners LP (NYSE:EQM)
Earnings by Quarter for EQT Midstream Partners LP (NYSE:EQM)
Earnings History by Quarter for EQT Midstream Partners LP (NYSE:EQM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017        
4/27/2017Q1 2017$1.38$1.36$204.73 million$203.40 millionViewN/AView Earnings Details
2/2/2017Q416$1.34$1.31$191.84 million$195.01 millionViewListenView Earnings Details
10/27/2016Q316$1.18$1.23$176.24 million$170.84 millionViewListenView Earnings Details
7/28/2016Q216$1.15$1.27$172.47 million$172.00 millionViewListenView Earnings Details
4/28/2016Q1$1.19$1.39$167.42 million$180.60 millionViewListenView Earnings Details
2/4/2016Q415$1.09$1.26$157.74 million$165.90 millionViewN/AView Earnings Details
10/22/2015Q315$1.10$1.12$153.60 million$148.78 millionViewListenView Earnings Details
7/23/2015Q215$1.23$1.12$152.19 million$144.60 millionViewListenView Earnings Details
4/23/2015Q115$0.99$1.18$605.04 million$154.80 millionViewN/AView Earnings Details
2/5/2015Q414$1.00$1.12$111.69 million$112.14 millionViewN/AView Earnings Details
10/23/2014Q314$0.85$0.85$97.25 million$95.84 millionViewListenView Earnings Details
7/24/2014Q214$0.78$0.81$576.62 million$91.57 millionViewN/AView Earnings Details
4/24/2014Q114$0.61$0.69$52.10 million$62.57 millionViewN/AView Earnings Details
2/19/2014Q413$0.56$0.62$49.96 million$50.81 millionViewN/AView Earnings Details
10/24/2013Q313$0.49$0.60$46.83 million$45.88 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.50$0.50$42.44 million$44.84 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for EQT Midstream Partners LP (NYSE:EQM)
2017 EPS Consensus Estimate: $5.24
2018 EPS Consensus Estimate: $5.77
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.23$1.23$1.23
Q2 20171$1.19$1.19$1.19
Q3 20171$1.30$1.30$1.30
Q4 20171$1.52$1.52$1.52
Q1 20181$1.36$1.36$1.36
Q2 20181$1.39$1.39$1.39
Q3 20181$1.41$1.41$1.41
Q4 20181$1.61$1.61$1.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for EQT Midstream Partners LP (NYSE:EQM)
Most Recent Dividend:5/15/2017
Annual Dividend:$3.40
Dividend Yield:4.57%
Dividend Growth:25.30% (3 Year Average)
Payout Ratio:65.38% (Trailing 12 Months of Earnings)
61.26% (Based on This Year's Estimates)
59.96% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for EQT Midstream Partners LP (NYSE:EQM)

Dividend History by Quarter for EQT Midstream Partners LP (NYSE:EQM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/25/2017quarterly$0.894.51%5/3/20175/5/20175/15/2017
1/19/2017quarterly$0.854.45%2/1/20172/3/20172/14/2017
10/25/2016quarterly$0.824.25%11/2/201611/4/201611/14/2016
7/26/2016quarterly$0.784.08%8/3/20168/5/20168/12/2016
4/27/2016quarterly$0.753.84%5/4/20165/6/20165/13/2016
1/21/2016quarterly$0.714.09%1/28/20162/1/20162/12/2016
10/21/2015quarterly$0.683.57%10/29/201511/2/201511/13/2015
7/21/2015quarterly$0.643.54%7/31/20158/4/20158/14/2015
4/21/2015quarterly$0.612.91%5/1/20155/5/20155/15/2015
1/22/2015quarterly$0.582.6%1/30/20152/3/20152/13/2015
10/21/2014quarterly$0.552.49%10/31/201411/4/201411/14/2014
7/22/2014quarterly$0.522.19%8/1/20148/5/20148/14/2014
4/22/2014quarterly$0.492.57%5/2/20145/6/20145/15/2014
1/23/2014quarterly$0.462.93%1/31/20142/4/20142/14/2014
10/22/2013quarterly$0.433.37%10/31/201311/4/201311/14/2013
7/18/2013quarterly$0.403.5%8/1/20138/5/20138/14/2013
4/23/2013quarterly$0.373.79%5/2/20135/6/20135/15/2013
1/22/2013quarterly$0.354.26%1/31/20132/4/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for EQT Midstream Partners LP (NYSE:EQM)
Institutional Ownership Percentage: 72.60%
Insider Trades by Quarter for EQT Midstream Partners LP (NYSE:EQM)
Institutional Ownership by Quarter for EQT Midstream Partners LP (NYSE:EQM)
Insider Trades by Quarter for EQT Midstream Partners LP (NYSE:EQM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/31/2017M Elise HylandCOOSell1,001$76.45$76,526.45View SEC Filing  
3/18/2015Michael A BrysonDirectorBuy1,000$75.00$75,000.00View SEC Filing  
5/8/2014Michael BrysonDirectorBuy1,000$75.90$75,900.00View SEC Filing  
9/18/2013Michael BrysonDirectorSell1,750$48.71$85,242.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for EQT Midstream Partners LP (NYSE:EQM)
Latest Headlines for EQT Midstream Partners LP (NYSE:EQM)
Source:
DateHeadline
americanbankingnews.com logoAnalysts Issue Forecasts for EQT Midstream Partners LP's FY2017 Earnings (EQM)
www.americanbankingnews.com - May 26 at 9:20 AM
finance.yahoo.com logoWhich MLPs Look Safe amid Crude Oil Uncertainty?
finance.yahoo.com - May 8 at 9:10 AM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Receives $92.00 Consensus PT from Brokerages
www.americanbankingnews.com - May 6 at 12:50 AM
finance.yahoo.com logoHow Midstream Stocks Impacted Their Implied Volatilities
finance.yahoo.com - May 4 at 5:10 PM
finance.yahoo.com logoHow Midstream Stocks Impacted Their Implied Volatilities
finance.yahoo.com - May 4 at 5:10 PM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Expected to Post Quarterly Sales of $202.25 Million
www.americanbankingnews.com - May 4 at 1:58 PM
finance.yahoo.com logoEQT Midstream Partners LP : EQM-US: Dividend Analysis : May 05th, 2017 (record date) : By the numbers : May 3, 2017
finance.yahoo.com - May 3 at 4:52 PM
americanbankingnews.com logoEQT Midstream Partners (EQM) Receives Daily News Sentiment Rating of -0.13
www.americanbankingnews.com - May 2 at 5:24 PM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 2 at 4:24 PM
nasdaq.com logoEQT Midstream Partners, LP (EQM) Ex-Dividend Date Scheduled for May 03, 2017 - Nasdaq
www.nasdaq.com - May 2 at 3:21 PM
americanbankingnews.com logo Analysts Anticipate EQT Midstream Partners LP (EQM) Will Post Earnings of $1.33 Per Share
www.americanbankingnews.com - May 2 at 11:26 AM
nasdaq.com logoEx-Dividend Reminder: TC PipeLines, EQT GP Holdings and EQT Midstream Partners
www.nasdaq.com - May 1 at 4:50 PM
finance.yahoo.com logoEQT Midstream Partners LP :EQM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 4:50 PM
americanbankingnews.com logoEQT Midstream Partners (EQM) Receiving Somewhat Negative Press Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 1:43 PM
News IconBRIEF-EQT Midstream Partners Q1 2017 net income of $143.2 mln
www.businessinsider.com - April 28 at 6:06 PM
americanbankingnews.com logoUS Capital Advisors Weighs in on EQT Midstream Partners LP's Q2 2017 Earnings (EQM)
www.americanbankingnews.com - April 28 at 10:14 AM
finance.yahoo.com logoQ1 2017 Results Announced for EQT Midstream Partners and EQT GP Holdings - Yahoo Finance
finance.yahoo.com - April 28 at 6:39 AM
finance.yahoo.com logoEdited Transcript of EQM earnings conference call or presentation 27-Apr-17 3:30pm GMT
finance.yahoo.com - April 28 at 6:39 AM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS
www.americanbankingnews.com - April 27 at 9:54 PM
businesswire.com logoQ1 2017 Results Announced for EQT Midstream Partners and EQT GP Holdings - Business Wire (press release)
www.businesswire.com - April 27 at 5:33 PM
finance.yahoo.com logoEQT Midstream Partners LP – Value Analysis (NYSE:EQM) : April 27, 2017
finance.yahoo.com - April 27 at 5:33 PM
americanbankingnews.com logoUS Capital Advisors Weighs in on EQT Midstream Partners LP's FY2017 Earnings (EQM)
www.americanbankingnews.com - April 27 at 1:38 PM
finance.yahoo.com logoEQT Midstream Partners LP breached its 50 day moving average in a Bullish Manner : EQM-US : April 26, 2017
finance.yahoo.com - April 26 at 10:50 PM
americanbankingnews.com logoEQT Midstream Partners (EQM) Getting Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 26 at 10:33 PM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Raises Dividend to $0.89 Per Share
www.americanbankingnews.com - April 25 at 6:50 PM
americanbankingnews.com logoEQT Midstream Partners (EQM) Receiving Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 23 at 10:25 PM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Receives "Hold" Rating from Scotiabank
www.americanbankingnews.com - April 22 at 9:36 PM
zacks.com logoIs EQT Midstream a Great Stock for Value Investors?
www.zacks.com - April 20 at 5:08 PM
nasdaq.com logoIs EQT Midstream (EQM) a Suitable Pick for Value Investors? - Nasdaq
www.nasdaq.com - April 19 at 9:59 PM
finance.yahoo.com logoIs EQT Midstream (EQM) a Suitable Pick for Value Investors?
finance.yahoo.com - April 19 at 12:16 PM
americanbankingnews.com logoEQT Midstream Partners (EQM) Earns Coverage Optimism Rating of 0.03
www.americanbankingnews.com - April 16 at 11:25 AM
americanbankingnews.com logoEQT Midstream Partners (EQM) Getting Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 13 at 6:36 PM
marketwatch.com logoEQT Corporation Announces First Quarter 2017 Earnings Conference Call
www.marketwatch.com - April 11 at 12:37 PM
finance.yahoo.com logoEQT Midstream Partners LP breached its 50 day moving average in a Bullish Manner : EQM-US : April 7, 2017
finance.yahoo.com - April 7 at 4:58 PM
finance.yahoo.com logoMLPs with the Maximum Potential Upside after 1Q17
finance.yahoo.com - April 7 at 9:39 AM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 5 at 3:39 PM
americanbankingnews.com logoM Elise Hyland Sells 1,001 Shares of EQT Midstream Partners LP (EQM) Stock
www.americanbankingnews.com - April 4 at 8:58 PM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) PT Set at $95.00 by Scotiabank
www.americanbankingnews.com - March 27 at 12:58 AM
americanbankingnews.com logoFY2017 EPS Estimates for EQT Midstream Partners LP Boosted by US Capital Advisors (EQM)
www.americanbankingnews.com - March 20 at 11:37 AM
nasdaq.com logoAdd Up The Parts: MLPX Could Be Worth $16 - Nasdaq
www.nasdaq.com - March 9 at 10:34 PM
businesswire.com logoEQT Midstream Partners, LP and EQT GP Holdings, LP 2016 Tax ... - Business Wire (press release)
www.businesswire.com - March 7 at 9:52 PM
biz.yahoo.com logoEQT MIDSTREAM PARTNERS, LP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 1 at 12:43 PM
nasdaq.com logoEnergy Income Partners, LLC Buys Phillips 66 Partners LP, Plains GP Holdings LP, EQT Midstream ...
www.nasdaq.com - February 17 at 5:31 PM
finance.yahoo.com logoEQT MIDSTREAM PARTNERS, LP Financials
finance.yahoo.com - February 16 at 4:37 PM
finance.yahoo.com logoEQT Midstream Partners upgraded by Morgan Stanley
finance.yahoo.com - February 14 at 5:58 PM
seekingalpha.com logoEQT GP Holdings: The Ohio Valley Connector Pipeline Had A Great First Quarter In Operation - Seeking Alpha
seekingalpha.com - February 9 at 5:36 PM
biz.yahoo.com logoEQT MIDSTREAM PARTNERS, LP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 9 at 5:36 PM
seekingalpha.com logoEQT Midstream Partners, LP 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 2 at 5:30 PM
us.rd.yahoo.com logo6:39 am EQT Midstream Partners beats by $0.01, beats on revs
us.rd.yahoo.com - February 2 at 5:30 PM
biz.yahoo.com logoQ4 2016 EQT Midstream Partners LP Earnings Release - Before Market Open
biz.yahoo.com - February 2 at 5:30 PM

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Chart

EQT Midstream Partners LP (EQM) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff