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:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Transportation Services - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:EQM
  • CUSIP: N/A
  • Web: www.eqtmidstreampartners.com
Capitalization:
  • Market Cap: $5.92195 billion
  • Outstanding Shares: 80,581,000
Average Prices:
  • 50 Day Moving Avg: $75.71
  • 200 Day Moving Avg: $76.29
  • 52 Week Range: $69.20 - $82.99
P/E:
  • Trailing P/E Ratio: 14.27
  • Foreward P/E Ratio: 11.83
  • P/E Growth: 1.06
Sales & Book Value:
  • Annual Revenue: $774.18 million
  • Price / Sales: 7.71
  • Book Value: $25.84 per share
  • Price / Book: 2.87
Dividend:
  • Annual Dividend: $3.74
  • Dividend Yield: 5.1%
Profitability:
  • EBIDTA: $623.1 million
  • Net Margins: 66.99%
  • Return on Equity: 25.61%
  • Return on Assets: 16.75%
Debt:
  • Debt-to-Equity Ratio: 0.48%
  • Current Ratio: 0.84%
  • Quick Ratio: 0.84%
Misc:
  • Average Volume: 290,788 shs.
  • Beta: 0.89
  • Short Ratio: 5.09
 

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 declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Friday, August 4th will be given a dividend of $0.935 per share on Monday, August 14th. This represents a $3.74 annualized dividend and a dividend yield of 5.05%. The ex-dividend date is Wednesday, August 2nd. This is a positive change from EQT Midstream Partners, LP's previous quarterly dividend of $0.89. 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 quarterly earnings results on Thursday, July, 27th. The company reported $1.27 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.31 by $0.04. The company had revenue of $199 million for the quarter, compared to analysts' expectations of $195 million. EQT Midstream Partners, LP had a net margin of 66.99% and a return on equity of 25.61%. EQT Midstream Partners, LP's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $1.27 EPS. 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, October, 26th 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?

6 brokers have issued twelve-month target prices for EQT Midstream Partners, LP's stock. Their predictions range from $79.00 to $98.00. On average, they anticipate EQT Midstream Partners, LP's stock price to reach $91.00 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
  • Mary Elise Hyland, Senior Vice President, Special Projects 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 many different of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (11.19%), Alps Advisors Inc. (5.31%), Goldman Sachs Group Inc. (4.75%), Neuberger Berman Group LLC (4.09%), Kayne Anderson Capital Advisors LP (3.10%) and Chickasaw Capital Management LLC (1.59%). 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 FMR LLC, Goldman Sachs Group Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Argyll Research LLC, Williams Jones & Associates LLC and Miller Howard Investments Inc. NY. 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 acquired by a variety of institutional investors in the last quarter, including ING Groep NV, Marshall Wace North America L.P., Hamlin Capital Management LLC, Bank of Montreal Can, Citigroup Inc., Alps Advisors Inc., American Century Companies Inc. and Jennison Associates LLC. 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 $74.04.


MarketBeat Community Rating for EQT Midstream Partners, LP (NYSE EQM)
Community Ranking:  2.9 out of 5 ( )
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  445
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) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $91.00 (22.91% upside)

Analysts' Ratings History for EQT Midstream Partners, LP (NYSE:EQM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/22/2017ScotiabankSet Price TargetHold$94.00LowView Rating Details
7/21/2017Stifel NicolausReiterated RatingHold$79.00LowView Rating Details
7/14/2017Morgan StanleyBoost Price TargetOverweight$86.00 -> $87.00LowView Rating Details
3/17/2017Royal Bank Of CanadaReiterated RatingBuy$98.00LowView Rating Details
1/26/2017Janney Montgomery ScottInitiated CoverageBuy$97.00N/AView Rating Details
10/14/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
8/16/2016Credit Suisse GroupReiterated RatingNeutralN/AView Rating Details
3/3/2016J P Morgan Chase & CoLower Price TargetOverweight$100.00 -> $99.00N/AView Rating Details
2/10/2016Citigroup Inc.Lower Price Target$97.00 -> $75.50N/AView Rating Details
2/9/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuyN/AView Rating Details
1/15/2016Wells Fargo & CompanyUpgradeMarket 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
(Data available from 8/18/2015 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
10/26/2017N/AView Earnings Details
7/27/2017Q2 2017$1.31$1.27$195.00 million$199.00 millionViewN/AView Earnings Details
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:8/14/2017
Annual Dividend:$3.74
Dividend Yield:5.05%
Dividend Growth:25.30% (3 Year Average)
Payout Ratio:72.34% (Trailing 12 Months of Earnings)
64.04% (Based on This Year's Estimates)
59.74% (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
7/26/2017quarterly$0.944.92%8/2/20178/4/20178/14/2017
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: 76.45%
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
nasdaq.com logoEMLP's Underlying Holdings Could Mean 12% Gain Potential - Nasdaq
www.nasdaq.com - August 17 at 7:35 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Downgraded to Strong Sell at BidaskClub
www.americanbankingnews.com - August 16 at 11:32 PM
finance.yahoo.com logoETFs with exposure to EQT Midstream Partners LP : August 14, 2017
finance.yahoo.com - August 14 at 6:44 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 12 at 6:38 PM
finance.yahoo.com logoEQT Midstream Partners LP breached its 50 day moving average in a Bearish Manner : EQM-US : August 9, 2017
finance.yahoo.com - August 9 at 6:31 PM
americanbankingnews.com logo Brokerages Anticipate EQT Midstream Partners, LP (NYSE:EQM) Will Post Quarterly Sales of $213.11 Million
www.americanbankingnews.com - August 8 at 9:36 AM
bizjournals.com logoPipeline vet named EQT's midstream president - Pittsburgh Business Times
www.bizjournals.com - August 3 at 3:51 PM
finance.yahoo.com logoEQT and EQT Midstream Partners Announce Appointment of Jeremiah Ashcroft as Midstream President and Chief Operating Officer
finance.yahoo.com - August 3 at 3:51 PM
finance.yahoo.com logoPipeline vet named EQT's midstream president
finance.yahoo.com - August 3 at 3:51 PM
nasdaq.com logoEQT Midstream Partners, LP (EQM) Ex-Dividend Date Scheduled for August 02, 2017 - Nasdaq
www.nasdaq.com - August 1 at 6:59 PM
finance.yahoo.com logoMLP Earnings: Wrap-Up for Last Week
finance.yahoo.com - August 1 at 6:59 PM
nasdaq.com logoEx-Dividend Reminder: EQT GP Holdings LP, EQT Midstream Partners LP and Delek Logistics Partners LP
www.nasdaq.com - July 31 at 6:05 PM
finance.yahoo.com logoEQT Midstream Partners LP :EQM-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 6:05 PM
seekingalpha.com logoEQT Midstream Partners' (EQM) CEO Steve Schlotterbeck on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 29 at 10:30 PM
finance.yahoo.com logoEdited Transcript of EQM earnings conference call or presentation 27-Jul-17 3:30pm GMT
finance.yahoo.com - July 27 at 11:56 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS
www.americanbankingnews.com - July 27 at 7:47 PM
businesswire.com logoQ2 2017 Results Announced for EQT Midstream Partners and EQT GP Holdings - Business Wire (press release)
www.businesswire.com - July 27 at 6:54 PM
americanbankingnews.com logoEQT Midstream Partners, LP (NYSE:EQM) Announces Quarterly Dividend of $0.94
www.americanbankingnews.com - July 26 at 3:45 PM
businesswire.com logoEQT Midstream Partners and EQT GP Holdings Increase Quarterly Distributions - Business Wire (press release)
www.businesswire.com - July 25 at 6:35 PM
americanbankingnews.com logoScotiabank Reiterates $94.00 Price Target for EQT Midstream Partners, LP (EQM)
www.americanbankingnews.com - July 23 at 11:14 PM
americanbankingnews.com logoEQT Midstream Partners, LP (NYSE:EQM) Upgraded by TheStreet to B-
www.americanbankingnews.com - July 23 at 9:26 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Upgraded to "Hold" by BidaskClub
www.americanbankingnews.com - July 23 at 5:34 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Rating Reiterated by Stifel Nicolaus
www.americanbankingnews.com - July 21 at 5:28 PM
americanbankingnews.com logoContrasting Williams Companies, Inc. (The) (WMB) & EQT Midstream Partners, (NYSE:EQM)
www.americanbankingnews.com - July 18 at 10:18 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 18 at 6:56 PM
americanbankingnews.com logo$199.05 Million in Sales Expected for EQT Midstream Partners, LP (NYSE:EQM) This Quarter
www.americanbankingnews.com - July 16 at 7:40 AM
americanbankingnews.com logo$1.30 EPS Expected for EQT Midstream Partners, LP (NYSE:EQM) This Quarter
www.americanbankingnews.com - July 15 at 12:24 AM
americanbankingnews.com logoMorgan Stanley Boosts EQT Midstream Partners, LP (NYSE:EQM) Price Target to $87.00
www.americanbankingnews.com - July 14 at 3:19 PM
nasdaq.com logoIs EQT Midstream a Great Stock for Value Investors? - Nasdaq
www.nasdaq.com - July 12 at 7:02 PM
businesswire.com logoEQT Midstream Partners, LP and EQT GP Holdings, LP Announce Second Quarter 2017 Joint Earnings Conference Call - Business Wire (press release)
www.businesswire.com - July 12 at 7:02 PM
reuters.com logoJana says EQT can save $4.5 billion by scrapping Rice Energy deal
www.reuters.com - July 6 at 12:03 AM
reuters.com logoJana says EQT can save $4.5 billion by scrapping Rice Energy deal - Reuters
www.reuters.com - July 5 at 7:03 PM
benzinga.com logoJana Takes Stake In EQT Energy To Kill Rice Deal - Benzinga
www.benzinga.com - July 4 at 6:22 AM
finance.yahoo.com logoEQT Midstream Partners LP – Value Analysis (NYSE:EQM) : June 28, 2017
finance.yahoo.com - June 28 at 6:06 PM
finance.yahoo.com logoEQT Midstream Partners LP breached its 50 day moving average in a Bullish Manner : EQM-US : June 27, 2017
finance.yahoo.com - June 27 at 5:18 PM
finance.yahoo.com logoMLPs Follow Crude Oil Prices, Fall for 5th Consecutive Week
finance.yahoo.com - June 26 at 6:01 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Earns Hold Rating from Stifel Nicolaus
www.americanbankingnews.com - June 24 at 7:40 AM
finance.yahoo.com logoMountain Valley Pipeline receives environmental impact statement
finance.yahoo.com - June 23 at 5:37 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 23 at 5:08 PM
finance.yahoo.com logoEQT-RICE Deal: How Will Ownership Change?
finance.yahoo.com - June 22 at 10:03 AM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Expected to Announce Quarterly Sales of $199.05 Million
www.americanbankingnews.com - June 22 at 10:00 AM
fool.com logoEQT Corporation Is About to Become America's Biggest Natural Gas Producer: Here's What's Happening - Motley Fool
www.fool.com - June 20 at 10:46 PM
americanbankingnews.com logoRoyal Bank Of Canada Reaffirms "Buy" Rating for EQT Midstream Partners, LP (EQM)
www.americanbankingnews.com - June 20 at 7:58 AM
seekingalpha.com logoRice Midstream -29% in the wake of EQT's takeover of Rice Energy
seekingalpha.com - June 19 at 11:30 PM
finance.yahoo.com logoThe Biggest Loser: EQT Tumbles 9%
finance.yahoo.com - June 19 at 11:30 PM
finance.yahoo.com logoEQT to create biggest U.S. natgas producer with $6.7 bln Rice deal
finance.yahoo.com - June 19 at 11:30 PM
finance.yahoo.com logoEQT Acquires Rice Energy for $6.7 Billion
finance.yahoo.com - June 19 at 1:25 PM
americanbankingnews.com logoEQT Midstream Partners, LP (EQM) Downgraded by TheStreet
www.americanbankingnews.com - June 18 at 11:28 PM
nasdaq.com logoEQT Midstream Partners Enters Oversold Territory (EQM)
www.nasdaq.com - June 8 at 2:21 AM
americanbankingnews.com logoEQT Midstream Partners LP (EQM) Downgraded by ValuEngine to Hold
www.americanbankingnews.com - June 4 at 6:46 PM

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Chart

EQT Midstream Partners, LP (EQM) Chart for Friday, August, 18, 2017

This page was last updated on 8/18/2017 by MarketBeat.com Staff