EQT GP Holdings LP
NGL, ENLC, ENLK, EQGP: The Week’s Top Midstream Underperformers
Last week, EnLink Midstream (ENLC) announced an agreement to acquire EnLink Midstream Partners (ENLK).
MMP, NS, VNOM, and CQP: Which MLPs Fell the Most?
NuStar Energy (NS), Viper Energy Partners (VNOM), and CVR Refining (CVRR) fell 8.9%, 8.6%, and 7.7%, respectively, last week.
EQT Stock Fell after Its Second-Quarter Earnings
Following EQT’s (EQT) second-quarter earnings release on July 26, its stock fell ~2%. EQT missed the revenue and earnings estimates.
MLP Rating Update for the Week Ended July 27
Buckeye Partners (BPL) was downgraded by SunTrust Robinson Humphrey last week. It lowered BPL to a “sell” from a “hold.”
Lowest-Performing MLPs in Week Ended July 27
American Midstream Partners (AMID) was the lowest-performing MLP in the week ended July 27.
Best-Performing MLPs in the Week Ended July 13
CVR Partners (UAN) rallied 9.7% in the week ended July 13, making it the top MLP gainer for the week.
Gauging EQT Corporation’s Capex and Free Cash Flow Trends
Let’s take a look at EQT Corporation’s (EQT) capex and free cash flow trends.
How Will EQT Corporation’s Organizational Structure Change?
After the EQT and Rice Energy merger closes, shareholders of EQT stock will own 65% of the combined company. Rice Energy shareholders will own 35%.
Reading the Key Steps Leading to EQT’s Midstream Separation
EQT Corporation (EQT) expects the midstream separation to complete by the end of 3Q18. The midstream spin-off is subject to customary conditions.
Why EQT Is Spinning Off Its Midstream Operations
On February 21, 2018, EQT (EQT) announced its plan to separate its midstream operations into a stand-alone entity.
EQT’s Contracts with EQM to Remain Intact after Separation
EQT (EQT) doesn’t plan to modify its existing gathering and transportation contracts with EQT Midstream Partners (EQM) due to the planned spin-off.
Why PAA Was the Biggest MLP Loser Last Week
Plains All American Pipeline (PAA) was the biggest MLP loser last week, which ended on January 19, 2018. The partnership ended the week 6.1% lower.
Why Rice Midstream Partners Could See Strong 2018 Income Growth
Rice Midstream Partners (RMP) went through a rough patch in 2017 following the announcement of the EQT (EQT) merger with Rice Energy.
Why EQT Midstream and Its General Partner Look Promising in 2018
EQT Midstream Partners (EQM) and its GP (general partner) EQT GP Holdings (EQGP) could be top MLP performers in 2018.
How Do These MLPs Look in 2018?
MLPs had a strong start to the new year. The Alerian MLP Index rose 5% in the first week of 2018.
MLP Rating Updates during the Week Ending December 15
During the week ending December 15, BMO Capital Markets upgraded Magellan Midstream Partners (MMP) to “outperform,” which is equivalent to “buy.”
MLP Rating Updates Last Week
EnLink Midstream LLC (ENLC), the GP (general partner) of EnLink Midstream Partners (ENLK), was raised by UBS to a “buy.”
Key Updates on the EQT-RICE Merger
Under EQT Corporation’s (EQT) existing ownership, the company owns a 90% limited partner interest and non-economic general partner interest in EQT GP Holdings (EQGP).
Top MLP Gainers in Week Ended September 8
EV Energy Partners (EVEP) was the top MLP gainer last week, which ended on September 8, 2017. It rose 13.9%.
Which MLPs Rose More than 6% Last Week?
Seadrill Partners (SDLP), the MLP involved mainly in offshore drilling, continued to be among the top MLP gainers for the second consecutive week.
What Analysts Recommend for Energy Transfer Equity
Energy Transfer Equity (ETE) has “buy” ratings from 63.0% of analysts surveyed by Reuters, while the remaining 37.0% rate it as a “hold” as of July 10, 2017.
These MLPs Took June in Stride
EQT GP Holdings (EQGP), the general partner of EQT Midstream Partners (EQM), was the top-performing master limited partnership in June.
After Energy Transfer Equity’s Rally, What’s Next?
Energy Transfer Equity (ETE) recovered slightly last week, after a major crash one week previously, rising 5.5% by Friday, May 12.
Energy Transfer Equity Fell 4.5% Last Week, Underperformed AMLP
Energy Transfer Equity (ETE) fell 4.5% last week, and the Alerian MLP ETF (AMLP), which is comprised of 25 energy MLPs, fell 1.2%.
ETE Rallied after Court Upheld Merger Exit with WMB
Last week, the Delaware Supreme Court ruled to uphold the Energy Transfer Equity-Williams Companies merger termination.
Court Ruling against DAPL Protesters Drove ETE’s Stock Last Week
Energy Transfer Equity (ETE), which directly and indirectly owns the general partner of Energy Transfer Partners (ETP) and Sunoco Logistics Partners (SXL), rose 2.4% last week.
Which MLPs Are Leading in Distribution Growth?
MLPs’ distribution In this article, we’ll look at MLPs’ distribution growth for the latest quarter. Of 113 MLPs, 37 managed to grow their quarterly distribution based on 4Q16 earnings. Nearly 62 MLPs kept their distribution unchanged. This includes GPs (general partners) of limited partnerships and midstream C corporations. EQT GP Holdings (EQGP), Capital Product Partners […]
Can Energy Transfer Equity Rebound from Its Weak Start to 2017?
Energy Transfer Equity (ETE) had a weak start to 2017, and its stock has fallen 0.2% since the beginning of the year. ETE gained 40.5% during 2016.
EQM to Continue Strong Distribution Growth in 2017 and Beyond
EQT Midstream’s recent distribution EQT Midstream Partners (EQM) declared a distribution of $0.82 per unit for 3Q16, which represents a 22.0% increase from 3Q15 and a 4% increase from 2Q16. At the same time, EQT GP Holdings (EQGP) declared a quarterly distribution of $0.17 per unit for 3Q16, which represents a 10% increase from 2Q16. […]
MLP Distributions Continue to Rise despite Crude Oil Volatility
Thirty-seven out of 117 MLPs managed to grow their distributions, and 68 MLPs kept their distributions unchanged in 3Q16.
Energy and Metals Sector Companies Rose on November 21
The companies in the energy sector were higher on November 21. The major ETFs related to the energy sector such as USO and DBO rose 4.4%.
Energy Sector Companies Rose on November 15
The companies in the energy sector rose on November 15. The major ETFs related to the energy sector such as USO and DBO rose 4.7% and 4.6%.
Energy Sector Companies Had Mixed Performances on November 1
The companies in the energy sector were mixed on November 1. The major ETFs related to the energy sector such as USO and DBO rose 0.43% and 0.35%.
Performance of Companies in Energy and Mining Sectors on September 1
The companies in the energy sector fell on Thursday, September 1, due to falling oil prices. At 3:05 PM EDT, the United States Oil ETF (USO) fell by ~3.4%.
Performance of Companies in the Energy Sector on August 3
The companies in the energy sector gained on August 3 amid a huge drop in gasoline inventory levels.
Analysts’ Recommendations for EQT Midstream Partners
The median target price of $95 for EQT Midstream implies a 26.1% price return in the next 12 months from its June 24, 2016, closing price of $75.4.
Did EQT Midstream Partners Beat Earnings Estimates in 1Q16?
EQT Midstream Partners (EQM) declared a distribution of $0.75 per unit for 1Q16. This represents a 22.0% increase over 1Q15.
Analysis of Energy Transfer Equity’s Cash Flow Measures
The distributable cash flow drives Energy Transfer Equity’s distributions. Its fiscal 3Q15 distributable cash flow rose by 38.9% YoY compared to fiscal 3Q14.
Why EQT Midstream Partners Underperformed Its Sponsor
EQT Midstream Partners is a midstream MLP involved in natural gas gathering, transmission, and storage services in the Appalachian Basin.
EQT Midstream Benefited from Firm Reservation Contracts
EQT Midstream Partners (EQM) is a midstream MLP involved in natural gas gathering, transmission, and storage services. EQT Midstream was formed by EQT.