About EQT Midstream Partners (NYSE:EQM)
EQT Midstream Partners, LP provides natural gas gathering, transmission, and storage services in Pennsylvania, West Virginia, and Ohio. The company owns, operates, acquires, and develops midstream assets in the Appalachian Basin. The company also owned approximately 300 miles of high pressure gathering lines and 1,500 miles of federal energy regulatory commission (FERC) regulated low pressure gathering lines; and approximately 950 miles of FERC regulated interstate pipelines. It serves local distribution companies, marketers, producers, and commercial and industrial users. EQT Midstream Services, LLC serves as the general partner of the company. EQT Midstream Partners, LP is headquartered in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Industry Natural gas transmission
Trailing P/E Ratio10.73
Forward P/E Ratio9.77
Sales & Book Value
Annual Sales$834.10 million
Price / Sales5.37
Cash Flow$6.3920 per share
Price / Cash8.70
Book Value$26.67 per share
Price / Book2.09
EPS (Most Recent Fiscal Year)$5.19
Net Income$571.90 million
Return on Equity26.35%
Return on Assets16.29%
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 Thursday, April 26th. Stockholders of record on Friday, May 4th will be paid a dividend of $1.065 per share on Tuesday, May 15th. This represents a $4.26 dividend on an annualized basis and a dividend yield of 7.66%. The ex-dividend date of this dividend is Thursday, May 3rd. This is a boost from EQT Midstream Partners's previous quarterly dividend of $1.03. View EQT Midstream Partners' Dividend History.
How were EQT Midstream Partners' earnings last quarter?
EQT Midstream Partners LP (NYSE:EQM) issued its quarterly earnings results on Thursday, April, 26th. The pipeline company reported $1.61 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.19. The pipeline company had revenue of $232.80 million for the quarter, compared to the consensus estimate of $232.38 million. EQT Midstream Partners had a return on equity of 26.35% and a net margin of 65.11%. The company's revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.36 earnings per share. View EQT Midstream Partners' Earnings History.
What price target have analysts set for EQM?
13 brokers have issued 12-month target prices for EQT Midstream Partners' stock. Their predictions range from $66.00 to $94.00. On average, they expect EQT Midstream Partners' stock price to reach $75.7273 in the next year. 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 Spectra Energy Partners (SEP), Targa Resources (TRGP), Western Gas Equity Partners (WGP), Western Gas Partners (WES), Enable Midstream Partners (ENBL), EQT Holdings Management (EQGP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), DCP Midstream (DCP), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), EnLink Midstream (ENLC), Boardwalk Pipeline Partners (BWP) and Transportadora de Gas del Sur (TGS).
Who are EQT Midstream Partners' key executives?
EQT Midstream Partners' management team includes the folowing people:
- Mr. Jeremiah J. Ashcroft III, Pres, CEO & Director of EQT Midstream Services, LLC (Age 45)
- Mr. Robert J. McNally, Sr. VP, CFO & Director (Age 47)
- Ms. Jimmi Sue Smith, Chief Accounting Officer of EQT Midstream Services LLC (Age 45)
- Mr. Patrick J. Kane CFA, Chief Investor Relations Officer
- Ms. Natalie A. Cox, Corp. Director of Communications - EQT Midstream Services, LLC
Has EQT Midstream Partners been receiving favorable news coverage?
News articles about EQM stock have been trending somewhat positive on Monday, according to Accern. Accern scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. EQT Midstream Partners earned a media sentiment score of 0.10 on Accern's scale. They also gave press coverage about the pipeline company an impact score of 46.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are EQT Midstream Partners' major shareholders?
EQT Midstream Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include EQT GP Holdings, LP (32.00%), EQT GP HOLDINGS, LP (27.10%), TORTOISE CAPITAL ADVISORS, L.L.C. (10.30%), Tortoise Capital Advisors L.L.C. (10.28%), Tortoise Capital Advisors L.L.C. (10.28%) and Alps Advisors Inc. (5.71%). Company insiders that own EQT Midstream Partners stock include M Elise Hyland and Michael A Bryson. View Institutional Ownership Trends for EQT Midstream Partners.
Which institutional investors are selling EQT Midstream Partners stock?
EQM stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Natixis, Alps Advisors Inc., OppenheimerFunds Inc., Fort Washington Investment Advisors Inc. OH, MD Sass Investors Services Inc., Uniplan Investment Counsel Inc. and Argyll Research LLC. View Insider Buying and Selling for EQT Midstream Partners.
Which institutional investors are buying EQT Midstream Partners stock?
EQM stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Brookfield Asset Management Inc., JPMorgan Chase & Co., Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Neuberger Berman Group LLC, UBS Group AG and Northwestern Mutual Investment Management Company LLC. View Insider Buying and Selling for EQT Midstream Partners.
How do I buy shares of EQT Midstream Partners?
Shares of EQM 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 EQM stock can currently be purchased for approximately $55.61.
How big of a company is EQT Midstream Partners?
EQT Midstream Partners has a market capitalization of $4.49 billion and generates $834.10 million in revenue each year. The pipeline company earns $571.90 million in net income (profit) each year or $5.19 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 EQM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EQM will underperform the S&P 500 over the long term. You may vote once every thirty days.