EQT Midstream Partners and EQT GP Holdings Increase Quarterly Distributions
April 25 2017 - 4:05PM
Business Wire
EQT Midstream Partners, LP (NYSE: EQM), today declared a
quarterly cash distribution of $0.89 per unit for the first quarter
of 2017. The distribution will be paid on May 15, 2017, to all EQM
unitholders of record at the close of business on May 5, 2017. The
quarterly cash distribution is 5% higher than the fourth quarter of
2016, and 19% higher compared to the first quarter of 2016.
EQT GP Holdings, LP (NYSE: EQGP), today declared a quarterly
cash distribution of $0.191 per unit for the first quarter of 2017.
The distribution will be paid on May 24, 2017, to all EQGP
unitholders of record at the close of business on May 5, 2017. The
quarterly cash distribution is 8% higher than the fourth quarter of
2016, and 43% higher than the first quarter of 2016.
About EQT Midstream
Partners:
EQT Midstream Partners, LP is a growth-oriented limited
partnership formed by EQT Corporation to own, operate, acquire, and
develop midstream assets in the Appalachian Basin. The Partnership
provides midstream services to EQT Corporation and third-party
companies through its strategically located transmission, storage,
and gathering systems that service the Marcellus and Utica regions.
The Partnership owns approximately 950 miles of FERC-regulated
interstate pipelines; and also owns approximately 1,800 miles of
high- and low-pressure gathering lines.
Visit EQT Midstream Partners, LP at
www.eqtmidstreampartners.com.
About EQT GP Holdings:
EQT GP Holdings, LP is a limited partnership that owns the
general partner interest, all of the incentive distribution rights,
and a portion of the limited partner interests in EQT Midstream
Partners, LP. EQT Corporation owns a 90% limited partner interest
in EQT GP Holdings, LP.
Visit EQT GP Holdings, LP at
www.eqtmidstreampartners.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170425006278/en/
EQT Midstream Partners / EQT GP Holdings analyst inquiries
please contact:Nate Tetlow – Investor Relations Director,
412-553-5834ntetlow@eqtmidstreampartners.comorEQT analyst
inquiries please contact:Patrick Kane – Chief Investor
Relations Officer,
412-553-7833pkane@eqtmidstreampartners.comorMedia inquiries
please contact:Natalie Cox – Corporate Director,
Communications, 412-395-3941ncox@eqtmidstreampartners.com
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