EQM Midstream Partners and EQGP Holdings Announce Quarterly Distributions

October 23, 2018

PITTSBURGH--(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 .

Contact:

EQM Midstream Partners / EQGP Holdings analysts:
Nate Tetlow – Investor Relations Director, 412-553-5834
ntetlow@eqt.com
or
EQT analysts:
Patrick Kane – Chief Investor Relations Officer, 412-553-7833
pkane@eqt.com
or
Media inquiries:
Natalie Cox – Corporate Director, Communications, 412-395-3941
ncox@eqt.com