EQT Reports Second Quarter 2016 Earnings
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Go back to EQT Reports Second Quarter 2016 Earnings
July 29, 2016 3:51 PM EDT
S&P Global Ratings Services said today that it affirmed its 'BBB-' corporate credit rating and 'BBB-' senior unsecured debt rating on EQT Midstream Partners L.P. (NYSE: EQM). The outlook is stable.
"The rating action reflects the fact that EQT Midstream has maintained credit measures and financial ratios that are considerably stronger than our previous expectations and well below the partnership's long-term financial targets," said S&P Global Ratings credit analyst Michael Grande.
Total adjusted debt to EBITDA is about 1.2x as of June 30, 2016 and we expect... More
July 29, 2016 8:04 AM EDT
KLR Group maintained a Buy rating on EQT Corp. (NYSE: EQT), and cut the price target to $95.00 (from $100.00), following the company's 2Q earnings report.
Analyst John Gerdes commented, "We are decreasing our EQT target price $5 to $95 per share due to lower liquids price... More
July 28, 2016 11:01 AM EDT
EQT Midstream Partners (NYSE: EQM) reported Q2 EPS of $1.27, $0.12 better than the analyst estimate of $1.15. Revenue for the quarter came in at $172 million versus the consensus estimate of $172.47 million.
For earnings history and earnings-related data on EQT Midstream Partners (EQM) click here.
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