Shares of EQT Midstream Partners LP (EQM) Sees Large Inflow of Net Money Flow

EQT Midstream Partners LP (EQM) : $3.19 million worth of transactions were on upticks in EQT Midstream Partners LP (EQM), compared to $1.93 million on downticks. The ratio between the two was 1.65, whereas, the net money flow stood at a healthy $1.26 million on Fridays session. The consistent buying on upticks in the stock accounted for $1.27million worth of trades. The total money flow into the stock stood at $1.27 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.25%. The stock was trading at $76.89, with a drop of $0.2 over the previous days close. The stock recorded -2.23% for the week.


EQT Midstream Partners LP (EQM) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $110 and the lowest price target forecast is $83. The average forecast of all the analysts is $94 and the expected standard deviation is $9.03.

EQT Midstream Partners LP (NYSE:EQM): stock turned positive on Friday. Though the stock opened at $76.95, the bulls momentum made the stock top out at $78.1 level for the day. The stock recorded a low of $76.63 and closed the trading day at $77.69, in the green by 0.79%. The total traded volume for the day was 251,793. The stock had closed at $77.08 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Eqt Midstream Partners, Lp, Bryson Michael A, had purchased 1,000 shares in a transaction dated on March 18, 2015. The transaction was executed at $75 per share with total amount equaling $75,000.

EQT Midstream Partners, LP (the Partnership) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Partnership provides all of its natural gas transmission, storage and gathering services under contracts with long-term, firm reservation and/or usage fees. The Partnerships operations are primarily focused in southwestern Pennsylvania and northern West Virginia, a location in the core of the developing natural gas shale play known as the Marcellus Shale. The Partnership provides midstream services to EQT Corporation (EQT) and multiple third parties across 21 counties in Pennsylvania and West Virginia through its two primary assets: the transmission and storage system, which serves as a header system transmission pipeline, and the gathering system, which delivers natural gas from wells and other receipt points to transmission pipelines.

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