Company Quick10K Filing
EQGP Holdings
10-Q 2018-09-30 Filed 2018-10-25
10-Q 2018-06-30 Filed 2018-07-26
10-Q 2018-03-31 Filed 2018-04-26
10-K 2017-12-31 Filed 2018-02-15
10-Q 2017-09-30 Filed 2017-10-26
10-Q 2017-06-30 Filed 2017-07-27
10-Q 2017-03-31 Filed 2017-04-27
10-K 2016-12-31 Filed 2017-02-09
10-Q 2016-09-30 Filed 2016-10-27
10-Q 2016-06-30 Filed 2016-07-28
10-Q 2016-03-31 Filed 2016-04-28
10-K 2015-12-31 Filed 2016-02-11
10-Q 2015-09-30 Filed 2015-10-22
10-Q 2015-06-30 Filed 2015-07-23
8-K 2019-01-10 Leave Agreement, Officers, Regulation FD, Other Events, Exhibits
8-K 2018-12-31 Regulation FD, Other Events, Exhibits
8-K 2018-11-29 Regulation FD, Other Events, Exhibits
8-K 2018-11-12 Enter Agreement, Leave Agreement, Off-BS Arrangement, Control, Other Events, Exhibits
8-K 2018-10-31 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-10-24 Officers
8-K 2018-10-12 Amend Bylaw, Exhibits
8-K 2018-09-25 Officers
8-K 2018-08-08 Officers
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-07-23 M&A, Exhibits
8-K 2018-05-22 M&A, Sale of Shares, Regulation FD, Exhibits
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-04-25 Enter Agreement, Off-BS Arrangement, Sale of Shares, Regulation FD, Other Events, Exhibits
8-K 2018-03-14 Officers
8-K 2018-02-15 Earnings, Exhibits

EQGP Holdings Financials

EQGP Metrics, Comps, Filings

Quarterly | Annual

Business

EQGP, which completed its IPO on May 15, 2015, is a Delaware limited partnership formed in January 2015 to own EQT's partnership interests in EQM. EQT Midstream Services, LLC (EQM General Partner) is a direct wholly owned subsidiary of EQGP and is EQM's general partner. EQT GP Services, LLC (EQGP General Partner) is an indirect wholly owned subsidiary of EQT and is EQGP's general partner. When used for periods prior to the completion of the IPO, references in this Form 10-K to "EQGP" refer to EQGP's Predecessor, which includes the assets, liabilities and results of operations of the EQM General Partner and EQT Midstream Investments, LLC (EQM LP), an indirect wholly owned subsidiary of EQT that, together with the EQM General Partner, owned EQT's partnership interests in EQM prior to EQGP's IPO. When used for periods following the completion of the IPO, references in this Form 10-K to "EQGP" refer to EQGP in its individual capacity or to EQGP and its consolidated subsidiaries, including EQM, as the context requires. All references in this Annual Report on Form 10-K to "EQT" refer to EQT Corporation in its individual capacity or to EQT and its consolidated subsidiaries, as the context requires.

EQGP's consolidated financial statements have been retrospectively recast to include the historical results of AVC, Rager and the Gathering Assets, which were acquired by EQM effective on October 1, 2016, and NWV Gathering, which was acquired by EQM on March 17, 2015, as these were businesses and the transactions were between entities under common control.

EQT GP Holdings, LP (NYSE: EQGP) was formed in January 2015 as a limited partnership and wholly owned subsidiary of EQT Gathering Holdings, LLC (EQT Gathering Holdings), which is a Delaware limited liability company and wholly owned subsidiary of EQT Corporation (NYSE: EQT). EQGP was formed to own EQT's partnership interests in EQT Midstream Partners, LP (NYSE: EQM), a growth-oriented limited partnership formed by EQT to own, operate, acquire and develop midstream assets in the Appalachian Basin.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Levi Strauss (LEVI) 7,570 54% 11.3 10% 4,139 2,671 5,786 3,097 397 681 7,712
Cheniere Energy Partners (CQH) 7,546 0% 21.1 40,650% 1 0 106 0 357 358 7,546
Scana (SCG) 6,991 0% -64.4 -3% 17,654 6,357 4 0 -589 -214 13,783
Great Plains Energy (GXP) 6,623 9.2 2% 12,448 3,898 0 0 201 986 9,090
DCT Industrial Trust (DCT) 6,436 0% 22.8 3% 4,083 2,007 434 0 125 360 8,200
Energen (EGN) 6,424 0% 9.0 7% 5,724 2,116 1,382 0 423 814 7,362
EQGP Holdings (EQGP) 6,194 0% 7.5 8% 9,268 4,213 867 0 701 829 6,188
Dynatrace (DT) 5,863 73% -34.1 -24% 1,933 1,047 252 183 -466 -182 6,221
Michael Kors (KORS) 5,778 61% 11.9 4% 8,393 5,981 5,570 3,374 337 672 8,010
Validus (VR) 5,456 -20% -37.2 -1% 15,499 9,928 2,881 -578 -193 -141 5,235
Envision Healthcare (EVHC) 5,406 0% -9.8 -13% 12,313 7,687 8,144 0 -1,555 -960 9,409
Foundation Medicine (FMI) 5,074 0% -42.1 -73% 193 202 201 0 -142 -119 5,019
Adaptive Biotechnologies (ADPT) 5,039 76% -180.1 -3% 917 331 48 37 -30 -28 4,961
SmileDirectClub (SDC) 4,927 77% -103.7 -5% 1,011 461 180 139 -51 -44 4,599
Black Ridge Oil & Gas (BROG) 4,916 0% 591.6 55% 14 3 0 0 8 8 4,916
10x Genomics (TXG) 4,805 75% -490.3 -2% 573 151 61 46 -10 -9 4,357
Dutch Oven Gold (DUG) 4,782 -0% 0 0 0 0 0 4,782
Hotapp Blockchain (HTBC) 4,653 127,326.3 17% 0 1 0 0 0 0 4,653
Lions Gate Entertainment (LGF) 4,464 0% 34.9 -2% 8,226 5,387 3,794 0 -184 206 7,178
Gramercy Property Trust (GPT) 4,438 25% 8.7 2% 6,434 3,198 579 146 122 505 4,366

Balance Sheet ($MM)2015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Cash1135108406043137396846
Accounts Receivable1413171816152122212229294858
Inventory
PP&E2,0072,1102,2292,3622,5652,7332,8952,9673,0503,1213,2003,2814,3636,127
Assets2,0372,1682,6342,4212,7342,8293,0763,1613,2213,3503,5503,6947,4289,268
Accounts Payable41343646727236444337474885134
Long-Term Debt472441493494494494986986987987
Liabilities1,0511,0761,0677978469011,0841,1221,1471,2421,4011,4924,0884,213
Stockholders' Equity-1,356-1,321-1,205
Income Statement ($MM)2015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Revenue233270365
Cost of Revenue
Gross Profit
R&D
SG&A1515141718172419161920142632
Tax500000100000
Net Income859445128124126135142139142146176172207
Cash Flow ($MM)2015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-30
Cash Operating80143118150101167161159160182258423
Cash Investing-126-103-104-200-190-238-82-126-118-200-1,477-576
Cash Financing46309-3641345121-97-63-48251,852-536