PITTSBURGH--(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.
Contact:
EQT Midstream Partners / EQT GP Holdings analysts:
Nate Tetlow – Investor Relations Director, 412-553-5834
ntetlow@eqtmidstreampartners.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