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EQM News Releases

  • December 12, 2016
    PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) today announced its 2017 financial and capital expenditure (CAPEX) forecast. EQM net income is projected to be $555 - $595 million, adjusted EBITDA is expected to be $670 - $710 million, and distributable cash flow is expected to be $590 - $630 million. At least 80% of 2017 revenue is expected to be generated from firm reservation fees under long-term contracts. See the Non-GAAP Disclosures section formore...
  • November 1, 2016
    PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) announced today that it has priced an offering of $500 million in aggregate principal amount of 4.125% senior notes due December 1, 2026 at a price to the public of 99.191% of their face value. EQT Midstream Partners, LP (Partnership) expects the offering to close on November 4, 2016. The Partnership intends to use the net proceeds from the offering to repay the amounts outstanding under its creditmore...
  • October 27, 2016
    PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) today announced third quarter 2016 results, including net income of $126.6 million, adjusted EBITDA of $136.0 million, net cash provided by operating activities of $101.7 million, and distributable cash flow of $125.7 million. EQM operating income was $121.4 million and adjusted operating income was $120.7 million, each 18% higher than the same quarter last year. The Non-GAAP Disclosures section of thismore...
  • October 27, 2016
    PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE:EQT), today, announced that Steven T. Schlotterbeck, EQT’s current President, will succeed David L. Porges as Chief Executive Officer when Porges retires from that position in the first quarter of 2017, following the filing of the Company’s 10-K. Porges will remain as Chairman of EQT’s Board of Directors for one year following his retirement as CEO. A similar leadership transition will also occur for EQT Midstreammore...