EQM -

. Currency in USD
10.09
-0.87 (-7.94%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous close10.96
Open10.68
BidN/A x N/A
AskN/A x N/A
Day's range9.80 - 10.75
52-week range7.34 - 47.66
Volume1,482,814
Avg. volumeN/A
Market cap2.093B
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)0.56
Earnings date27 Apr 2020 - 03 May 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est25.67
  • Implied Volatility Surging for EQT Midstream (EQM) Stock Options
    Zacks

    Implied Volatility Surging for EQT Midstream (EQM) Stock Options

    Investors need to pay close attention to EQT Midstream (EQM) stock based on the movements in the options market lately.

  • Business Wire

    EQM MIDSTREAM INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of EQM Midstream Partners, LP - EQM

    Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of EQM Midstream Partners, LP (NYSE: EQM) to Equitrans Midstream Corporation (NYSE: ETRN). Under the terms of the proposed transaction, shareholders of EQM will receive only 2.44 shares of ETRN for each share of EQM that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

  • Business Wire

    2019 K-1 Tax Package Availability

    EQM Midstream Partners, LP (NYSE: EQM) and certain of its affiliates today announced that their respective 2019 unitholder tax packages are now available online. Mailing of the EQM tax package is expected to begin on March 20, 2020. Online availability details are as follows:

  • Business Wire

    Equitrans Midstream Announces Transformative Actions

    Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM), today, announced the following actions and information, along with ETRN’s pro forma financial and capital expenditure forecast:

  • Business Wire

    ETRN and EQM Announce Year-end & Fourth Quarter 2019 Results

    Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM), today announced financial and operational results for the full-year and fourth quarter 2019.

  • Should You Buy EQM Midstream (EQM) Ahead of Earnings?
    Zacks

    Should You Buy EQM Midstream (EQM) Ahead of Earnings?

    EQM Midstream (EQM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • Gundlach’s Credit Trade Suggests the Coronavirus Rout Is Real
    Bloomberg

    Gundlach’s Credit Trade Suggests the Coronavirus Rout Is Real

    (Bloomberg Opinion) -- For better or worse, the latest developments from the coronavirus outbreak have focused a lot of investor attention on the U.S. stock market. That makes sense, given that the S&P 500 Index set a record high just a week ago but then fell more than 2.5% in consecutive sessions for the first time since 2015; President Donald Trump and aide Larry Kudlow are suggesting that investors buy the dip.The $16.7 trillion U.S. Treasuries market doesn’t offer much guidance on whether the swift risk-off reaction is justified. As I wrote earlier this week, no record is safe in the world’s biggest bond market with so much uncertainty about how the coronavirus will dent the global economy. But just as important, Treasuries have been rallying for more than a year, even as equities soared, in no small part because of longer-term concerns about global growth, inflation and the limitations of developed-market monetary policy near the lower bound of interest rates. It shouldn’t be all that shocking that the benchmark 10-year yield touched 1.31% on Tuesday, a new low.What, then, can investors use to gauge risk tolerance in markets? I’d suggest corporate bonds, which offer some clues that there’s more pain ahead.Just like stocks, the credit markets reached unprecedented levels toward the end of 2019. On Dec. 18, the difference between double-B and triple-B corporate bond yields fell to just 38 basis points, the smallest on record. That meant investors were hardly differentiating between securities rated below investment-grade — otherwise known as junk — and those that still maintained investment-grade quality. I asked at the time: What does a junk bond even mean anymore?I wasn’t the only one shaking my head at that spread. Jeffrey Gundlach, DoubleLine Capital’s chief investment officer, highlighted the phenomenon during his annual “Just Markets” webcast last month, calling double-B corporate debt “one of the worst investments in the bond market.” “I think you’re much better off owning triple-B — I don’t even like triple-B — but I don’t like double-B corporate bonds,” he said on Jan. 7. Just to hammer home the point, he added: “Stay away from double-B corporates is my message.”Any trader who heeded that advice has won big in the past several weeks. The spread between double-B and triple-B bonds is now 127 basis points, the widest in more than six months. It jumped 19 basis points on Tuesday, 22 basis points on Monday and 21 basis points on Jan. 27, three days dominated by investor angst over the spread of the coronavirus. The only other comparable moves in the past year came in August, when U.S. recession fears peaked.Gundlach called the widening since December “a big crack in risk asset confidence” in a Twitter post on Monday.Charts with a left and right Y-axis are often imperfect, but comparing that yield spread to the S&P 500 since the end of 2017 shows a tight fit, especially during bouts of risk-aversion like the final months of 2018 and in August 2019. Corporate bonds retreated from their extremes at a much sharper pace than U.S. equities this time around, which isn’t entirely out of the ordinary but supports the idea that the steep drop in stocks wasn’t just a short-term blip.Now, as I’ve noted before, some technical factors are at play in corporate-bond indexes. For example, part of the reason the yield spread between double-B and triple-B bonds narrowed so much in 2019 was because triple-B duration rose while double-B duration dropped by the most on record. The duration of the double-B index spiked higher earlier this month, which, all else equal, would tend to widen the spread, though it didn’t appear to do so.Also of note: Debt from Kraft Heinz Co., EQM Midstream Partners LP and EQT Corp. remains in the triple-B index for now, even though the ratings of all three companies were cut to junk recently. Again, in theory, bonds from “fallen angels” would have higher yields than before the downgrades, which would narrow the spread between double-Bs and triple-Bs. All told, it’s probably safe to conclude that these factors are small enough and slow-moving enough that they don’t alter short-term spread movements very much.As of Feb. 24, the option-adjusted spread on double-B bonds has jumped to 2.62 percentage points from 1.82 percentage points to start the year, while the spread on triple-Bs is up to 1.35 percentage points from 1.2 percentage points. For some context, those spreads reached 3.65 percentage points and 1.68 percentage points, respectively, during the height of the December 2018 market squeeze. That suggests the high-yield market in particular could be in store for further pain if sentiment doesn’t turn around soon.As for the U.S. investment-grade market, companies aren’t taking any chances with new deals, even with Treasury yields setting record lows. Bloomberg News’s Michael Gambale reported that at least four issuers stood down on Tuesday, marking the first two-day break to start a week since July 1 and July 2.(1)That’s hardly a vote of confidence from the C-suite on the state of the financial markets.The follow-through from stocks to credit is worth watching in the coming days and weeks. As much as traders like to quip that the Federal Reserve is most concerned about the S&P 500, or as much as they use Treasury yields to estimate how many interest-rate cuts are “priced in” for the year, ultimately a lack of market access for companies that need it is a truly perilous situation.Recall that December 2018 marked the first month in 10 years with no speculative-grade bond sales. The Fed quickly pivoted in January 2019 — but what if looser monetary policy isn’t as effective this time around? Lower short-term interest rates mean relatively little in comparison to the Centers for Disease Control and Prevention telling Americans to prepare for significant disruptions of daily life if the coronavirus outbreak begins to spread locally in the U.S., deeming it “not a matter of if, but a question of when, this will exactly happen.”Without a drastic shift in what’s known about the coronavirus, corporate-bond buyers may need to take a similar approach. It no longer seems a matter of if, but of when, spreads widen further in the riskiest corners of the debt markets.(1) He excluded the December holidays and the typical two-week summer hiatus in late August in this analysis.To contact the author of this story: Brian Chappatta at bchappatta1@bloomberg.netTo contact the editor responsible for this story: Daniel Niemi at dniemi1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Brian Chappatta is a Bloomberg Opinion columnist covering debt markets. He previously covered bonds for Bloomberg News. He is also a CFA charterholder.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Business Wire

    ETRN and EQM Fourth Quarter / Full-Year 2019 Earnings and Conference Call

    Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM) will release their fourth quarter and full-year 2019 earnings on Thursday, February 27, 2020, and will host a conference call with analysts and investors at 10:30 am (ET). A brief Q&A session for ETRN and EQM security analysts will immediately follow the results discussion.

  • Are Investors Undervaluing EQT Midstream Partners, LP (EQM) Right Now?
    Zacks

    Are Investors Undervaluing EQT Midstream Partners, LP (EQM) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Kinder Morgan (KMI) Q4 Earnings Meet Estimates on GCX Strength
    Zacks

    Kinder Morgan (KMI) Q4 Earnings Meet Estimates on GCX Strength

    Kinder Morgan's (KMI) fourth-quarter 2019 earnings are supported by an increase in natural gas transportation and gathering volumes.

  • 5 Buy-Ranked Energy Stocks for Dividend Investors in 2020
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    5 Buy-Ranked Energy Stocks for Dividend Investors in 2020

    As evident from the energy market story, stocks can take a sudden turn for the good (or bad), making stock picking a risky game.

  • The Extreme Risks of Trading Your Own Retirement Assets - December 24, 2019
    Zacks

    The Extreme Risks of Trading Your Own Retirement Assets - December 24, 2019

    From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.

  • Simple Secrets Anyone Can Use to Reach Early Retirement - December 23, 2019
    Zacks

    Simple Secrets Anyone Can Use to Reach Early Retirement - December 23, 2019

    Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.

  • EQM Midstream Partners (EQM) Provides 2020 Capex Guidance
    Zacks

    EQM Midstream Partners (EQM) Provides 2020 Capex Guidance

    EQM Midstream Partners (EQM) expects the Mountain Valley Pipeline project to come online by 2020-end.

  • The Extreme Risks of Trading Your Own Retirement Assets - December 16, 2019
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    The Extreme Risks of Trading Your Own Retirement Assets - December 16, 2019

    From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.

  • Easy Investing Secrets to an Early Retirement - December 13, 2019
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    Easy Investing Secrets to an Early Retirement - December 13, 2019

    Achieving the financial freedom to retire early is a dream for most, but making that dream a reality isn't as tricky as it sounds. If you are willing to make some serious lifestyle changes and sacrifices, it can be possible.

  • How Trading Your Own Retirement Can Fleece Your Financial Future - December 06, 2019
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    How Trading Your Own Retirement Can Fleece Your Financial Future - December 06, 2019

    Achieving your retirement goals takes a much different investing approach than regular stock trading, from smartly managing risk to keeping emotions in check.

  • Easy Investing Secrets to an Early Retirement - December 05, 2019
    Zacks

    Easy Investing Secrets to an Early Retirement - December 05, 2019

    Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.

  • The Extreme Risks of Trading Your Own Retirement Assets - November 28, 2019
    Zacks

    The Extreme Risks of Trading Your Own Retirement Assets - November 28, 2019

    From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.

  • Simple Secrets Anyone Can Use to Reach Early Retirement - November 27, 2019
    Zacks

    Simple Secrets Anyone Can Use to Reach Early Retirement - November 27, 2019

    Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.

  • Powerful Proof Anyone Can Invest for an Early Retirement - October 25, 2019
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    Powerful Proof Anyone Can Invest for an Early Retirement - October 25, 2019

    Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.

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