David Ristau
Growth at reasonable price, research analyst, newsletter provider, long/short equity

EQT Midstream: MLP With 20% Upside And Distribution Growth Prospects

Overview

EQT Midstream Partners (NYSE:EQM) is very attractive MLP with both distribution and share price potential. The company is benefiting from strength in Marcellus Shale, which could be the leading natural gas location in the country for years to come. EQM works as the midstream operations (gathering, piping, storage) for EQT's (NYSE:EQT) upstream business finding and developing natural gas. The company is going to see lots of upside as EQT pushes to expand its volumes over the next several years.

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Price Performance

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Value

EQT Midstream scores average on valuation with a high PE, future PE, and price/sales ratio mixed with solid PEG ratio, price/OCF, and debt-to-equity ratio. For EQM, though,...

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