Event-Driven Stocks

EQM Midstream Partners, LP

Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕

Signs4 gooddetails ↓

Financials

SEC XBRL · annual
 FY19FY18FY17FY16FY15FY14
Revenue$389.8M$371.0M$895.6M$732.3M
Operating income$268.0M$265.8M$620.7M$527.9M$451.0M$332.6M
Net income$251.9M$260.4M$609.6M$538.0M$455.1M$284.8M
Total assets$11.82B$9.46B$8.00B$3.08B$2.83B$1.94B
Total liabilities$6.16B$4.64B$1.76B$1.08B$990.1M$816.7M
Equity
EPS (diluted)$0.56$2.43$5.19
Shares out.196.1M99.3M80.6M43.3M30.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2019
Operating margin
68.8%
Net margin
64.6%
Return on equity
Return on assets
2.1%
Return on capital (ROCE)
2.3%
Liabilities / assets
52.1%
Debt / equity
Book value / share
Revenue growth (YoY)
5.1%
Net income growth (YoY)
−3.2%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2019
Accruals / assets
6.7%clean
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

4 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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