EQT Midstream Partners, LP Company Profile (NYSE:EQM)

About EQT Midstream Partners, LP (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:

Sector: Oils/Energy
Industry: Oil & Gas Transportation Services
Sub-Industry: N/A
Symbol: NYSE:EQM
CUSIP: N/A
Web: www.eqtmidstreampartners.com

Capitalization:

Market Cap: $6.02 billion
Outstanding Shares: 80,581,000

Average Prices:

50 Day Moving Avg: $75.15
200 Day Moving Avg: $75.10
52 Week Range: $69.20 - $82.99

P/E:

Trailing P/E Ratio: 14.39
Foreward P/E Ratio: 14.09
P/E Growth: 1.08

Sales & Book Value:

Annual Revenue: $774.18 million
Price / Sales: 7.77
Book Value: $25.84 per share
Price / Book: 2.89

Dividend:

Annual Dividend: $3.74
Dividend Yield: 4.9%

Profitability:

EBITDA: $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: 246,448 shs.
Beta: 0.88
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. Investors of record on Friday, August 4th will be paid a dividend of $0.935 per share on Monday, August 14th. This represents a $3.74 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date of this dividend 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 data on Thursday, July, 27th. The company reported $1.27 earnings per share for the quarter, missing analysts' consensus estimates of $1.31 by $0.04. The company had revenue of $199 million for the quarter, compared to analyst estimates of $195 million. EQT Midstream Partners, LP had a return on equity of 25.61% and a net margin of 66.99%. The business's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business earned $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 equities research analysts have issued 12 month price objectives for EQT Midstream Partners, LP's shares. Their forecasts range from $79.00 to $97.00. On average, they anticipate EQT Midstream Partners, LP's share price to reach $91.50 in the next twelve months. View Analyst Ratings for EQT Midstream Partners, LP.

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

Some companies that are related to EQT Midstream Partners, LP include Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enable Midstream Partners, LP (ENBL), Enbridge Energy, L.P. (EEP), Phillips 66 Partners LP (PSXP), EnLink Midstream Partners, LP (ENLK), Andeavor Logistics LP (ANDX), Tesoro Logistics LP (ANDX), Shell Midstream Partners, L.P. (SHLX), Tallgrass Energy Partners, LP (TEP), Plains Group Holdings, L.P. (PAGP), EnLink Midstream, LLC (ENLC), Genesis Energy, L.P. (GEL), Valero Energy Partners LP (VLP), SemGroup Corp (SEMG), Semgroup Corporation (SEMG), Noble Midstream Partners LP (NBLX) and Tallgrass Energy GP LP (TEGP).

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

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 $74.67.

MarketBeat Community Rating for EQT Midstream Partners, LP (NYSE EQM)

Community Ranking:		2.9 out of 5 ( )
Outperform Votes:		283 (Vote Outperform)
Underperform Votes:		208 (Vote Underperform)
Total Votes:		491

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.

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:	$91.50 (22.54% upside)

Consensus Price Target History for EQT Midstream Partners, LP (NYSE:EQM)

Analysts' Ratings History for EQT Midstream Partners, LP (NYSE:EQM)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
10/10/2017	Seaport Global Securities	Initiated Coverage	Buy	$96.00	N/A
10/10/2017	Royal Bank Of Canada	Reiterated Rating	Buy	$96.00	N/A
8/25/2017	Stifel Nicolaus	Set Price Target	Hold	$79.00	Low
7/22/2017	Scotiabank	Set Price Target	Hold	$94.00	Low
7/14/2017	Morgan Stanley	Boost Price Target	Overweight	$86.00 -> $87.00	Low
1/26/2017	Janney Montgomery Scott	Initiated Coverage	Buy	$97.00	N/A
10/14/2016	Deutsche Bank AG	Reiterated Rating	Buy		N/A
8/16/2016	Credit Suisse Group	Reiterated Rating	Neutral		N/A
3/3/2016	J P Morgan Chase & Co	Lower Price Target	Overweight	$100.00 -> $99.00	N/A
2/10/2016	Citigroup Inc.	Lower Price Target		$97.00 -> $75.50	N/A
2/9/2016	Goldman Sachs Group, Inc. (The)	Reiterated Rating	Buy		N/A
1/15/2016	Wells Fargo & Company	Upgrade	Market Perform -> Outperform	$78.00	N/A
12/15/2015	Howard Weil	Downgrade	Sector Outperform -> Sector Perform	$84.00	N/A
12/8/2015	Mitsubishi UFJ Financial Group Inc	Reiterated Rating	Overweight		N/A

(Data available from 10/16/2015 forward)

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)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/26/2017							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

(Data available from 1/1/2011 forward)

Earnings Estimates for EQT Midstream Partners, LP (NYSE:EQM)

2017 EPS Consensus Estimate: $5.09
2018 EPS Consensus Estimate: $5.77

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$1.23	$1.23	$1.23
Q2 2017	1	$1.19	$1.19	$1.19
Q3 2017	2	$1.22	$1.30	$1.26
Q4 2017	2	$1.29	$1.52	$1.41
Q1 2018	1	$1.36	$1.36	$1.36
Q2 2018	1	$1.39	$1.39	$1.39
Q3 2018	1	$1.41	$1.41	$1.41
Q4 2018	1	$1.61	$1.61	$1.61

(Data provided by Zacks Investment Research)

Current Dividend Information for EQT Midstream Partners, LP (NYSE:EQM)

Most Recent Dividend:	8/14/2017
Annual Dividend:	$3.74
Dividend Yield:	5.01%
Dividend Growth:	25.30% (3 Year Average)
Payout Ratio:	72.34% (Trailing 12 Months of Earnings) 67.88% (Based on This Year's Estimates) 70.57% (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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/26/2017	quarterly	$0.94	4.92%	8/2/2017	8/4/2017	8/14/2017
4/25/2017	quarterly	$0.89	4.51%	5/3/2017	5/5/2017	5/15/2017
1/19/2017	quarterly	$0.85	4.45%	2/1/2017	2/3/2017	2/14/2017
10/25/2016	quarterly	$0.82	4.25%	11/2/2016	11/4/2016	11/14/2016
7/26/2016	quarterly	$0.78	4.08%	8/3/2016	8/5/2016	8/12/2016
4/27/2016	quarterly	$0.75	3.84%	5/4/2016	5/6/2016	5/13/2016
1/21/2016	quarterly	$0.71	4.09%	1/28/2016	2/1/2016	2/12/2016
10/21/2015	quarterly	$0.68	3.57%	10/29/2015	11/2/2015	11/13/2015
7/21/2015	quarterly	$0.64	3.54%	7/31/2015	8/4/2015	8/14/2015
4/21/2015	quarterly	$0.61	2.91%	5/1/2015	5/5/2015	5/15/2015
1/22/2015	quarterly	$0.58	2.6%	1/30/2015	2/3/2015	2/13/2015
10/21/2014	quarterly	$0.55	2.49%	10/31/2014	11/4/2014	11/14/2014
7/22/2014	quarterly	$0.52	2.19%	8/1/2014	8/5/2014	8/14/2014
4/22/2014	quarterly	$0.49	2.57%	5/2/2014	5/6/2014	5/15/2014
1/23/2014	quarterly	$0.46	2.93%	1/31/2014	2/4/2014	2/14/2014
10/22/2013	quarterly	$0.43	3.37%	10/31/2013	11/4/2013	11/14/2013
7/18/2013	quarterly	$0.40	3.5%	8/1/2013	8/5/2013	8/14/2013
4/23/2013	quarterly	$0.37	3.79%	5/2/2013	5/6/2013	5/15/2013
1/22/2013	quarterly	$0.35	4.26%	1/31/2013	2/4/2013	2/14/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for EQT Midstream Partners, LP (NYSE:EQM)

Institutional Ownership Percentage: 73.47%

Institutional Ownership by Quarter for EQT Midstream Partners, LP (NYSE:EQM)

Insider Trades by Quarter for EQT Midstream Partners, LP (NYSE:EQM)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
3/31/2017	M Elise Hyland	COO	Sell	1,001	$76.45	$76,526.45
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
9/18/2013	Michael Bryson	Director	Sell	1,750	$48.71	$85,242.50

(Data available from 1/1/2013 forward)

Headline Trends for EQT Midstream Partners, LP (NYSE:EQM) Latest Headlines for EQT Midstream Partners, LP (NYSE:EQM)

Source:

Date	Headline
	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
	BRIEF-D. E. Shaw & Co LP ‍sends letter to EQT board www.businessinsider.com - September 15 at 6:51 PM
	EQT Says It Is Exploring Options Amid Pressure to Split www.msn.com - September 14 at 7:01 PM
	EQT Midstream Partners LP breached its 50 day moving average in a Bullish Manner : EQM-US : September 14, 2017 finance.yahoo.com - September 14 at 7:00 PM
	Analysts Expect EQT Midstream Partners, LP (EQM) Will Announce Quarterly Sales of $212.36 Million www.americanbankingnews.com - September 13 at 3:56 AM
	EQT Midstream Partners, LP (EQM) Expected to Announce Earnings of $1.36 Per Share www.americanbankingnews.com - September 11 at 10:04 PM
	Critical Comparison: EQT Midstream Partners, (EQM) versus its Competitors www.americanbankingnews.com - September 10 at 2:40 PM
	EQT Midstream Partners, LP (EQM) Given Consensus Recommendation of "Hold" by Analysts www.americanbankingnews.com - September 6 at 6:46 PM
	EQT Midstream Partners LP – Value Analysis (NYSE:EQM) : September 6, 2017 finance.yahoo.com - September 6 at 12:59 AM
	EQT Midstream Partners LP breached its 50 day moving average in a Bullish Manner : EQM-US : September 1, 2017 finance.yahoo.com - September 1 at 6:43 PM
	EQT Midstream Partners LP : EQM-US: Dividend Analysis : August 04th, 2017 (record date) : By the numbers : August 31, 2017 finance.yahoo.com - August 31 at 11:16 PM
	EQM Makes Bullish Cross Above Critical Moving Average - Nasdaq www.nasdaq.com - August 31 at 6:13 PM
	Reviewing EQT Midstream Partners, (EQM) and Cheniere Energy Partners (CQP) www.americanbankingnews.com - August 29 at 10:28 PM
	Stifel Nicolaus Analysts Give EQT Midstream Partners, LP (EQM) a $79.00 Price Target www.americanbankingnews.com - August 26 at 8:16 AM
	Comparing Enbridge Energy Management (EEQ) & EQT Midstream Partners, (EQM) www.americanbankingnews.com - August 21 at 2:10 AM
	EMLP's Underlying Holdings Could Mean 12% Gain Potential - Nasdaq www.nasdaq.com - August 17 at 7:35 PM
	ETFs with exposure to EQT Midstream Partners LP : August 14, 2017 finance.yahoo.com - August 14 at 6:44 PM
	EQT Midstream Partners, LP (EQM) Given Average Rating of "Hold" by Brokerages www.americanbankingnews.com - August 12 at 6:38 PM
	EQT 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
	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
	Pipeline vet named EQT's midstream president - Pittsburgh Business Times www.bizjournals.com - August 3 at 3:51 PM
	EQT 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
	Pipeline vet named EQT's midstream president finance.yahoo.com - August 3 at 3:51 PM
	EQT Midstream Partners, LP (EQM) Ex-Dividend Date Scheduled for August 02, 2017 - Nasdaq www.nasdaq.com - August 1 at 6:59 PM
	MLP Earnings: Wrap-Up for Last Week finance.yahoo.com - August 1 at 6:59 PM
	Ex-Dividend Reminder: EQT GP Holdings LP, EQT Midstream Partners LP and Delek Logistics Partners LP www.nasdaq.com - July 31 at 6:05 PM
	EQT Midstream Partners LP :EQM-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017 finance.yahoo.com - July 31 at 6:05 PM
	EQT Midstream Partners' (EQM) CEO Steve Schlotterbeck on Q2 2017 Results - Earnings Call Transcript seekingalpha.com - July 29 at 10:30 PM
	Edited Transcript of EQM earnings conference call or presentation 27-Jul-17 3:30pm GMT finance.yahoo.com - July 27 at 11:56 PM
	EQT Midstream Partners, LP (EQM) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS www.americanbankingnews.com - July 27 at 7:47 PM
	Q2 2017 Results Announced for EQT Midstream Partners and EQT GP Holdings - Business Wire (press release) www.businesswire.com - July 27 at 6:54 PM
	EQT Midstream Partners, LP (NYSE:EQM) Announces Quarterly Dividend of $0.94 www.americanbankingnews.com - July 26 at 3:45 PM
	EQT Midstream Partners and EQT GP Holdings Increase Quarterly Distributions - Business Wire (press release) www.businesswire.com - July 25 at 6:35 PM
	Scotiabank Reiterates $94.00 Price Target for EQT Midstream Partners, LP (EQM) www.americanbankingnews.com - July 23 at 11:14 PM
	EQT Midstream Partners, LP (NYSE:EQM) Upgraded by TheStreet to B- www.americanbankingnews.com - July 23 at 9:26 PM
	EQT Midstream Partners, LP (EQM) Rating Reiterated by Stifel Nicolaus www.americanbankingnews.com - July 21 at 5:28 PM
	Contrasting Williams Companies, Inc. (The) (WMB) & EQT Midstream Partners, (NYSE:EQM) www.americanbankingnews.com - July 18 at 10:18 PM
	EQT Midstream Partners, LP (EQM) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - July 18 at 6:56 PM
	$199.05 Million in Sales Expected for EQT Midstream Partners, LP (NYSE:EQM) This Quarter www.americanbankingnews.com - July 16 at 7:40 AM
	$1.30 EPS Expected for EQT Midstream Partners, LP (NYSE:EQM) This Quarter www.americanbankingnews.com - July 15 at 12:24 AM