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EQGP Holdings LP (EQGP Holdings LP) GF Value Rank : 0 (As of May. 07, 2024)


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What is EQGP Holdings LP GF Value Rank?

EQGP Holdings LP has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

EQGP Holdings LP GF Value Rank Related Terms

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EQGP Holdings LP (EQGP Holdings LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQGP Holdings LP (NYSE:EQGP) » Definitions » GF Value Rank
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Traded in Other Exchanges
N/A
Address
Website
http://www.eqtmidstreampartners.com
EQT GP Holdings LP is a US-based growth-oriented limited partnership formed by EQT Corporation to own, operate, acquire and develop midstream assets in the Appalachian Basin. It is an integrated energy company with an emphasis on natural gas production, gathering, and transmission. It conducts its business through two segments, EQT Production, and EQT Midstream. EQT Production is natural gas producers in the Appalachian Basin. EQT Midstream provides transmission, storage and gathering services for EQT's produced gas and to third parties in the Appalachian Basin. The company's operations and all its assets are located in the continental United States.
Executives
Phillip D. Swisher officer: VP & Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 2000, PITTSBURGH PA 15222
David L Porges director 700 UNIVERSE BLVD, C/O NEXTERA ENERGY, INC., JUNO BEACH FL 33408
Diana M Charletta director, officer: EVP & Chief Operating Officer 2200 ENERGY DRIVE, CANONSBURG PA 15317
Kenneth Michael Burke director 11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Eqt Corp 10 percent owner 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Kirk R Oliver director, officer: SVP & Chief Financial Officer 1601 BRYAN STREET, DALLAS TX 75201
Stephen A Thorington director 700 MILAM, SUITE 3100, HOUSTON TX 77002
Thomas F Karam director, officer: President & CEO C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES BARRE PA 18711-0601
Ashcroft Jeremiah J Iii director, officer: President & CEO ONE GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
Jimmi Sue Smith officer: Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Theresa Z Bone officer: VP Finance and CAO 225 NORTH SHORE DRIVE, PITTSBURGH PA 15212
Robert Joseph Mcnally director, officer: Sr. Vice President and CFO 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Steven T Schlotterbeck director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Lewis B Gardner director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Philip P Conti director, officer: Senior VP and CFO ONE OXFORD CENTRE SUITE 3300, PITTSBURGH PA 15219