EQGP Holdings owns EQT Corporation's (EQT) partnership interests in EQT Midstream Partners, LP (EQM), a limited partnership that owns, operates, acquires and develops midstream assets in the Appalachian Basin. EQM provides midstream services to EQT and multiple third parties in Pennsylvania, West Virginia and Ohio through its two primary assets: the gathering system, which delivers natural gas from wells and other receipt points to transmission pipelines, and the transmission and storage system, which delivers gas to local users and interstate pipelines. EQM's operations are primarily focused in southwestern Pennsylvania and northern West Virginia. We show 13 historical shares outstanding datapoints in our EQGP shares outstanding history coverage, used to compute EQGP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EQGP market cap history over the course of time is important for investors
interested in comparing EQGP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EQGP versus a peer is one thing; comparing
EQGP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EQGP can fluctuate over the course of history.
With this page we aim to empower investors researching EQGP by allowing them to research the EQGP market cap history. |
Free EQGP Email Alerts:
Video: The Importance of Market Cap
