EQT Midstream Partners and EQT GP Holdings Announce Quarterly Distributions
July 24 2018 - 4:05PM
Business Wire
EQT Midstream Partners, LP (NYSE: EQM), declared a quarterly
cash distribution of $1.09 per unit for the second quarter of 2018.
The distribution will be paid on August 14, 2018, to all EQM
unitholders of record at the close of business on August 3, 2018.
The quarterly cash distribution is 2% higher than the first quarter
of 2018, and 17% higher compared to the second quarter of 2017.
EQT GP Holdings, LP (NYSE: EQGP), declared a quarterly cash
distribution of $0.306 per unit for the second quarter of 2018. The
distribution will be paid on August 23, 2018, to all EQGP
unitholders of record at the close of business on August 3, 2018.
The quarterly cash distribution is 19% higher than the first
quarter of 2018, and 46% higher than the second quarter of
2017.
About EQT Midstream Partners:
EQT Midstream Partners, LP (EQM) is a growth-oriented limited
partnership formed by EQT Corporation to own, operate, acquire, and
develop midstream assets in the Appalachian Basin. As the third
largest gatherer of natural gas in the United States, EQM provides
midstream services to EQT Corporation and third-party companies
through its strategically located natural gas transmission,
storage, and gathering systems, and water services to support
energy development and production in the Marcellus and Utica
regions. EQM owns approximately 950 miles of FERC-regulated
interstate pipelines and approximately 2,130 miles of high- and
low-pressure gathering lines.
For more information on EQM, visit our website
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 the general partner interest and
a 91% limited partner interest in EQT GP Holdings, LP.
Visit EQT GP Holdings, LP
at www.eqtmidstreampartners.com.
This release serves as qualified notice to nominees under
Treasury Regulation Sections 1.1446-4(b)(4) and (d). Please note
that 100% of EQM’s and EQGP’s distributions to foreign investors
are attributable to income that is effectively connected with a
United States trade or business. Accordingly, all of EQM’s and
EQGP’s distributions to foreign investors are subject to federal
income tax withholding at the highest effective tax rate for
individuals or corporations, as applicable. Nominees, and not EQM
or EQGP, as applicable, are treated as the withholding agents
responsible for withholding on the distributions received by them
on behalf of foreign investors.
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version on businesswire.com: https://www.businesswire.com/news/home/20180724005891/en/
EQT Midstream Partners / EQT GP Holdings analysts:Nate
Tetlow – Investor Relations Director,
412-553-5834ntetlow@eqtmidstreampartners.comorEQT
analysts:Patrick Kane – Chief Investor Relations Officer,
412-553-7833pkane@eqt.comorMedia inquiries:Natalie Cox –
Corporate Director, Communications, 412-395-3941ncox@eqt.com
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