Thomas Karam - EQM Midstream CEO
CEO
Mr. Thomas F. Karam is Chief Executive Officer, Director of EQT Midstream Services, LLC, a general partner of EQT Midstream Partners, LP. He has served as a Founder and Chairman of Karbon Partners, LLC from April 2017 to August 2018 and served as Founder, Chairman and Chief Executive Officer of PennTex Midstream Partners, LLC from 2014 until its sale to Energy Transfer Partners in November 2016. Mr. Karam was a senior executive and entrepreneur in the midstream energy sector for over 25 years. Prior to founding PennTex, Mr. Karam was the founder, Chairman and Chief Executive Officer of Laser Midstream Partners, LLC from 2010 until February 2012 when it was acquired by Williams Partners LP . Prior to Laser, Mr. Karam was the President, Chief Operating Officer and Director of Southern Union Company leading its successful transformation from a large local distribution company to one of the largest pipeline companies in the United States at the time. Prior to Southern Union, Mr. Karam was the President and Chief Executive Officer of Pennsylvania Enterprises, Inc. and PG Energy, a natural gas utility in central and northeastern Pennsylvania until its acquisition by Southern Union since 2019.
| Age | 60 |
| Tenure | 5 years |
| Phone | 724-271-7600 |
| Web | http://www.eqm-midstreampartners.com |
EQM Midstream Management Efficiency
The company has Return on Asset of 0.0164 % which means that on every $100 spent on assets, it made $0.0164 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0349 %, implying that it generated $0.0349 on every 100 dollars invested. EQM Midstream's management efficiency ratios could be used to measure how well EQM Midstream manages its routine affairs as well as how well it operates its assets and liabilities.The company has 4.88 B in debt with debt to equity (D/E) ratio of 76.0, demonstrating that the company may be unable to create cash to meet all of its financial commitments. EQM Midstream Partners has a current ratio of 0.42, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist EQM Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, EQM Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EQM Midstream Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EQM to invest in growth at high rates of return. When we think about EQM Midstream's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.0349 | |||
| Return On Asset | 0.0164 |
EQM Midstream Partners Leadership Team
Elected by the shareholders, the EQM Midstream's board of directors comprises two types of representatives: EQM Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EQM. The board's role is to monitor EQM Midstream's management team and ensure that shareholders' interests are well served. EQM Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EQM Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Randall Crawford, COO of EQT Midstream Services LLC, Executive VP of EQT Midstream Services LLC and Director of EQT Midstream Services LLC | ||
| Jimmi Smith, Chief Accounting Officer, Principal Accounting Officer of General Partner | ||
| Phillip Swisher, Chief Accounting Officer, Vice President of the General Partner | ||
| Julian Bott, Independent Director of General Partner | ||
| Theresa Bone, Chief Accounting Officer of EQT Midstream Services LLC and VP of Fin. - EQT Midstream Services LLC | ||
| K Burke, Independent Director of General Partner | ||
| Mary Hyland, Senior Vice President, Special Projects of General Partner | ||
| Michael Bryson, Independent Director of General Partner | ||
| Lara Washington, Independent Director of General partner | ||
| Patrick Kane, Chief Investor Relations Officer of Eqt Midstream Services, LLC | ||
| Philip Conti, CFO of EQT Midstream Services LLC, Sr. VP of EQT Midstream Services LLC and Director of EQT Midstream Services LLC | ||
| Robert McNally, Chief Financial Officer, Senior Vice President, Director of General Partner | ||
| Robert Cooper, Director of General Partner | ||
| Jeremiah Ashcroft, COO, Senior Vice President Director of General Partner | ||
| Steven Schlotterbeck, CEO of General Partner | ||
| Lewis Gardner, Director of General partner | ||
| Elise Hyland, COO, Senior Vice President Director of General Partner | ||
| Thomas Karam, Chief Executive Officer, Director of General Partner | ||
| David Porges, Chairman of EQT Midstream Services LLC, CEO of EQT Midstream Services LLC and President of EQT Midstream Services LLC | ||
| Diana Charletta, President, Chief Operating Officer, Director of General Partner | ||
| K Oliver, Director, Senior Vice President and Chief Financial Officer of General Partner |
EQM Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is EQM Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0349 | |||
| Return On Asset | 0.0164 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 83.07 % | |||
| Current Valuation | 12.67 B | |||
| Shares Outstanding | 200.46 M | |||
| Shares Owned By Insiders | 58.56 % | |||
| Shares Owned By Institutions | 40.27 % | |||
| Number Of Shares Shorted | 5.95 M | |||
| Price To Earning | 51.39 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EQM Midstream in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EQM Midstream's short interest history, or implied volatility extrapolated from EQM Midstream options trading.
Pair Trading with EQM Midstream
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EQM Midstream position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EQM Midstream will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Loews Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loews Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Loews Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Loews Corp to buy it.
The correlation of Loews Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Loews Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loews Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Loews Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in EQM Stock
If you are still planning to invest in EQM Midstream Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EQM Midstream's history and understand the potential risks before investing.
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