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Profile: EQM Midstream Partners LP (EQM)

EQM on New York Consolidated

44.64USD
23 May 2019
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EQM Midstream Partners, LP (EQM), formerly EQT Midstream Partners, LP, incorporated on January 18, 2012, owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company's segments include Gathering and Transmission. The Company's operations are primarily focused in southwestern Pennsylvania and northern West Virginia. As of December 31, 2016, the Company provided midstream services to EQT Corporation (EQT) and a range of third parties across 24 counties in Pennsylvania, West Virginia and Ohio through its two assets: the gathering system, which delivered natural gas from wells and other receipt points to transmission pipelines, and the transmission and storage system, which served as a header system transmission pipeline. The Company provides its natural gas gathering, transmission and storage services under contracts with long-term, firm reservation and/or usage fees.

Gathering Business Segment

As of December 31, 2016, the Company's gathering system included approximately 300 miles of high pressure gathering lines with approximately 1.8 billion cubic feet (Bcf) of total firm gathering capacity and multiple interconnect points with EQM's transmission and storage system. As of December 31, 2016, EQM's gathering system also included approximately 1,500 miles of Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering lines. The Company's gathering expansion projects include Range Resources Header Pipeline and Affiliate Gathering Expansion.

Transmission Business Segment

As of December 31, 2016, EQM's transmission and storage system included an approximately 950-mile FERC-regulated interstate pipeline that connected to six interstate pipelines and a range of distribution companies. The transmission system was supported by 18 associated natural gas storage reservoirs with approximately 645 million cubic feet (MMcf) per day of peak withdrawal capacity, 43 Bcf of working gas capacity and 41 compressor units, with total throughput capacity of approximately 4.3 Bcf per day as of December 31, 2016. The Company's transmission projects include Mountain Valley Pipeline and Transmission Expansion.

Company Address

EQM Midstream Partners LP

625 Liberty Ave Ste 2000
PITTSBURGH   PA   15222-3110
P: +1412.3952688
F: +1412.5537700

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