EQGP (EQGP) Stock Price, News & Analysis

Company Overview

EQGP Holdings, LP owns, operates, acquires, and develops midstream energy assets in the Appalachian Basin through owning partnership interests in EQT Midstream Partners, LP (EQM). The company operates in two segments, Gathering and Transmission. EQM offers natural gas transmission, storage, and gathering services to various third parties in Pennsylvania, West Virginia, and Ohio. As of December 31, 2017, it owned and operated 300 miles of high pressure gathering lines and 1,500 miles of Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering lines. EQGP Services, LLC serves as a general partner of the company. The company was formerly known as EQT GP Holdings, LP and changed its name to EQGP Holdings, LP in October 2018. The company was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania. EQGP Holdings, LP operates as a subsidiary of Equitrans Midstream Corporation.

Key Stats

• Today's Range: $19.97 to $19.97
• 50-Day Range: $19.97 to $19.97
• 52-Week Range: $15.36 to $30.13
• Volume: N/A
• Average Volume: 520,425 shs
• Market Capitalization: $6.04 billion
• P/E Ratio: 20.38
• Dividend Yield: 6.31%
• Price Target: N/A
• Consensus Rating: N/A

EQGP Stock Analysis - Frequently Asked Questions

How were EQGP's earnings last quarter?

EQGP Holdings, LP (NYSE:EQGP) released its earnings results on Thursday, October, 25th. The oil and gas company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.03. The oil and gas company had revenue of $364.58 million for the quarter, compared to the consensus estimate of $361.93 million. EQGP had a net margin of 30.96% and a trailing twelve-month return on equity of 10.93%.

When did EQGP IPO?

EQGP (EQGP) raised $450 million in an initial public offering on Tuesday, May 12th 2015. The company issued 20,000,000 shares at a price of $21.00-$24.00 per share. Barclays, Goldman Sachs, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities served as the underwriters for the IPO and MUFG, BNP PARIBAS, PNC Capital Markets, Scotia Howard Weil, SunTrust Robinson Humphrey, Ladenburg Thalmann, Oppenheimer and U.S. Capital Advisors were co-managers.

What other stocks do shareholders of EQGP own?

Based on aggregate information from My MarketBeat watchlists, some other companies that EQGP investors own include Adverum Biotechnologies (ADVM), California Resources (CRC), Comerica (CMA), Chipotle Mexican Grill (CMG), Check-Cap (CHEK), EQT (EQT) and Garmin (GRMN).

Company Calendar

• Last Earnings: 10/25/2018
• Today: 12/22/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural Gas Transmission
• Sub-Industry: N/A
• Current Symbol: NYSE:EQGP
• CUSIP: N/A
• CIK: 1632933
• Web: www.eqtmidstreampartners.com
• Phone: 412-553-5700
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.98
• Trailing P/E Ratio: 20.38
• Forward P/E Ratio: 15.98
• P/E Growth: N/A
• Net Income: $261.99 million
• Net Margins: 30.96%
• Pretax Margin: N/A
• Return on Equity: 10.93%
• Return on Assets: 5.82%

Debt

• Debt-to-Equity Ratio: 0.69
• Current Ratio: 0.34
• Quick Ratio: 0.34

Sales & Book Value

• Annual Sales: $834.10 million
• Price / Sales: 7.24
• Cash Flow: $1.35 per share
• Price / Cash Flow: 14.81
• Book Value: $8.07 per share
• Price / Book: 2.47

Miscellaneous

• Outstanding Shares: 302,460,000
• Free Float: N/A
• Market Cap: $6.04 billion
• Optionable: Optionable
• Beta: 1.21