Financial Comparison: EQT GP Holdings, (NYSE:EQGP) & The Competition

EQT GP Holdings, (NYSE: EQGP) is one of 247 publicly-traded companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its peers? We will compare EQT GP Holdings, to related businesses based on the strength of its profitability, analyst recommendations, earnings, valuation, institutional ownership, risk and dividends.

Earnings & Valuation

This table compares EQT GP Holdings, and its peers gross revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
EQT GP Holdings, $735.61 million $234.17 million 28.44
EQT GP Holdings, Competitors $1.91 billion -$449.46 million 22.32

EQT GP Holdings,’s peers have higher revenue, but lower earnings than EQT GP Holdings,. EQT GP Holdings, is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares EQT GP Holdings, and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
EQT GP Holdings, 30.98% 12.14% 7.78%
EQT GP Holdings, Competitors -444.69% -3.07% 3.14%

Dividends

EQT GP Holdings, pays an annual dividend of $0.91 per share and has a dividend yield of 3.4%. EQT GP Holdings, pays out 96.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Exploration and Production” companies pay a dividend yield of 1.6% and pay out 264.1% of their earnings in the form of a dividend. EQT GP Holdings, is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Institutional & Insider Ownership

10.3% of EQT GP Holdings, shares are owned by institutional investors. Comparatively, 61.5% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 11.9% of shares of all “Oil & Gas Exploration and Production” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

EQT GP Holdings, has a beta of 1.27, meaning that its stock price is 27% more volatile than the S&P 500. Comparatively, EQT GP Holdings,’s peers have a beta of 1.30, meaning that their average stock price is 30% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for EQT GP Holdings, and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EQT GP Holdings, 0 3 5 0 2.63
EQT GP Holdings, Competitors 1520 7919 12603 271 2.52

EQT GP Holdings, currently has a consensus target price of $32.86, suggesting a potential upside of 22.92%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 32.59%. Given EQT GP Holdings,’s peers higher probable upside, analysts plainly believe EQT GP Holdings, has less favorable growth aspects than its peers.

Summary

EQT GP Holdings, beats its peers on 9 of the 15 factors compared.

About EQT GP Holdings,

EQT GP Holdings, LP (EQGP) is a limited partnership company and subsidiary of EQT Gathering Holdings, LLC (EQT Gathering Holdings). The Company was formed to own EQT Corporation’s (EQT’s) partnership interests in EQT Midstream Partners, LP (EQM), a limited partnership formed by EQT to own, operate, acquire and develop midstream assets in the Appalachian Basin. Its 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. The Transmission segment includes EQM’s FERC-regulated interstate pipeline and storage business. EQGP has no independent operations. It has partnership interests in EQM. As of December 31, 2016, EQM provided midstream services to EQT and various third parties across 24 counties in Pennsylvania, West Virginia and Ohio through its two primary assets: the gathering system, and the transmission and storage system.

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