EQM Midstream Partners and EQGP Holdings Announce Quarterly Distributions
October 23 2018 - 4:10PM
Business Wire
EQM Midstream Partners, LP (NYSE: EQM), declared a quarterly
cash distribution of $1.115 per unit for the third quarter of 2018.
The distribution will be paid on November 14, 2018, to all EQM
unitholders of record at the close of business on November 2, 2018.
The quarterly cash distribution is 2% higher than the second
quarter of 2018, and 14% higher compared to the third quarter of
2017.
EQGP Holdings, LP (NYSE: EQGP), declared a quarterly cash
distribution of $0.315 per unit for the third quarter of 2018. The
distribution will be paid on November 23, 2018, to all EQGP
unitholders of record at the close of business on November 2, 2018.
The quarterly cash distribution is 3% higher than the second
quarter of 2018, and 38% higher than the third quarter of 2017.
About EQM Midstream
Partners:
EQM 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 other producers 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.
Visit EQM Midstream Partners, LP at www.eqm-midstreampartners.com.
About EQGP Holdings:
EQGP 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 EQM Midstream Partners,
LP. EQT Corporation owns the general partner interest and a 91%
limited partner interest in EQGP Holdings, LP.
Visit EQGP Holdings, LP at www.eqm-midstreampartners.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20181023006107/en/
EQM Midstream Partners / EQGP Holdings analysts:Nate
Tetlow – Investor Relations Director,
412-553-5834ntetlow@eqt.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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