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EQT Midstream Partners LP (EQM.N)

EQM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

EQT Midstream amends, restates existing unsecured $750 mln revolving credit agreement
Thursday, 3 Aug 2017 07:06am EDT 

Aug 3 (Reuters) - Eqt Midstream Partners Lp ::EQT Midstream Partners Lp- ‍ on July 31, co amended and restated existing unsecured $750 million revolving credit agreement, dated as of Feb 18, 2014.EQT Midstream Partners Lp - ‍second amended and restated credit agreement matures on July 31, 2022​.EQT Midstream Partners- under second amended agreement, co may obtain loans amount not to exceed $1 billion outstanding at any time - SEC filing​.EQT Midstream Partners - proceeds of loans made under amended, restated credit agreement to be used for working capital, capital expenditures, among others.EQT Midstream Partners Lp -agreement has feature allowing EQM to increase available revolving commitments under facility by upto additional $500 million.  Full Article

EQT Midstream Partners appoints Jeremiah Ashcroft as Midstream president & COO
Thursday, 3 Aug 2017 06:30am EDT 

Aug 3 (Reuters) - EQT Midstream Partners Lp ::EQT and EQT Midstream Partners announce appointment of Jeremiah Ashcroft as Midstream president and chief operating officer.  Full Article

EQT Midstream Partners and EQT GP Holdings increase quarterly distributions
Tuesday, 25 Jul 2017 04:05pm EDT 

July 25 (Reuters) - EQT GP Holdings Lp :EQT Midstream Partners and EQT GP Holdings increase quarterly distributions.EQT Midstream Partners LP - declared a quarterly cash distribution of $0.935 per unit for Q2 of 2017.EQT Midstream Partners LP - new quarterly cash distribution is 5 pct higher than Q1 of 2017.  Full Article

EQT Corp to acquire Rice Energy for $6.7 billion
Monday, 19 Jun 2017 07:54am EDT 

June 19 (Reuters) - Eqt Corp :Eqt corporation to acquire rice energy for $6.7 billion.Eqt corporation to acquire rice energy for $6.7 billion.Eqt corp - deal consisting of 0.37 shares of eqt common stock and $5.30 in cash per share of rice common stock.Eqt corp - eqt will also assume or refinance approximately $1.5 billion of net debt and preferred equity.Eqt corp - eqt will also assume or refinance approximately $1.5 billion of net debt and preferred equity.Eqt corp - transaction is expected to close in q4 of 2017.Eqt corp says boards of directors of both companies have unanimously approved transaction.Eqt corp - eqt will also obtain rice's midstream assets, including a 92% interest in rice midstream gp holdings lp.Eqt corp - boards of directors of both companies have unanimously approved transaction.Eqt - retained midstream assets, which eqt intends to sell to eqm in future through drop-down deal, are expected to generate about $130 million of ebitda in 2018.  Full Article

EQT Corp Q1 adjusted earnings per share $0.43
Thursday, 27 Apr 2017 06:25am EDT 

April 27 (Reuters) - EQT Corp :Eqt reports first quarter 2017 earnings.Q1 earnings per share $0.95.Q1 revenue $828.7 million.Q1 adjusted earnings per share $0.43.Eqt corp - qtrly production sales volume was 6% higher.Eqt production achieved sales volume of 190 bcfe in q1 2017, representing a 6% increase over q1 last year.Eqt corp says production achieved sales volume of 190 bcfe in q1 2017, representing a 6% increase over q1 last year.Eqt corp - sees fy total production sales volume 835 - 855 bcfe.Eqt corp - sees q2 total production sales volume 190 - 195 bcfe.Sees 2017 total liquids sales volume 18,060 mbbls - 18,660 mbbls.Eqt corp sees total liquids sales volume for q2 4,625 - 4,655 mbbls.Sees q2 ethane sales volume 1,670 mbbls - 1,680 mbbls; sees 2017 ethane sales volume 6,000 mbbls - 6,200 mbbls.Q1 earnings per share view $0.48, revenue view $727.9 million -- Thomson Reuters I/B/E/S.  Full Article

EQT Corp says Steven Schlotterbeck has officially assumed role of CEO
Wednesday, 1 Mar 2017 07:00am EST 

EQT Corp :Announced that Steven Schlotterbeck has officially assumed role of chief executive officer.  Full Article

EQT Midstream Partners sees 2017 net income of $555 - $595 mln for EQGP
Thursday, 2 Feb 2017 06:29am EST 

EQT Midstream Partners LP : 2016 results announced for eqt midstream partners and EQT GP holdings . Sees 2017 net income of $555 - $595 million for EQGP .Sees 2017 net income $132 - $142 million for EQGP.  Full Article

EQT Midstream Partners and EQT GP Holdings increase quarterly distributions
Thursday, 19 Jan 2017 04:02pm EST 

EQT Midstream Partners Lp - : EQT Midstream Partners and EQT GP Holdings increase quarterly distributions . Says declared a quarterly cash distribution of $0.850 per unit for q4 of 2016 . Declared a quarterly cash distribution of $0.850 per unit for q4 of 2016 . Quarterly cash distribution increased 20% compared to Q4 of 2015 . Quarterly cash distribution increased 20% compared to Q4 of 2015 .EQT GP Holdings declared a quarterly cash distribution of $0.177 per unit for Q4 of 2016, up 45% compared to Q4 of 2015.  Full Article

EQT Midstream Q2 operating revenues $172 mln
Thursday, 28 Jul 2016 06:33am EDT 

EQT Midstream Partners LP : Increased adjusted ebitda guidance for 2016 to $555 - $565 mln . Says established net income guidance for 2016 of $505 - $515 mln . Q2 total operating revenues $172 mln vs i/b/e/s view $172.5 mln . Fy2016 shr view $4.94 -- thomson reuters i/b/e/s . Q2 shr view $1.15 -- thomson reuters i/b/e/s . Reiterates forecast for 2016 total expansion capital expenditures, including capital contributions to mvp jv, of about $695 - $725 mln . Sees distributable cash flow guidance for 2016 to $495 - $505 mln . Increased adjusted ebitda guidance for 2016 to $555 - $565 mln .Qtrly net income per limited partner unit - diluted $1.27.  Full Article

EQT Midstream increases quarterly dividend to $0.78/unit for Q2
Tuesday, 26 Jul 2016 04:08pm EDT 

EQT Midstream Partners Lp : Declared a quarterly cash distribution of $0.78 per unit for Q2 of 2016 . EQT Midstream Partners and EQT GP Holdings increase quarterly distributions .EQT GP Holdings, LP declared a quarterly cash distribution of $0.15 per unit for Q2 of 2016.  Full Article

BRIEF-EQT Midstream Partners appoints Jeremiah Ashcroft as Midstream president & COO

* EQT and EQT Midstream Partners announce appointment of Jeremiah Ashcroft as Midstream president and chief operating officer Source text for Eikon: Further company coverage: