Please replace the release with the following corrected version due to a correction in the 2018 Adjusted EBITDA. The corrected release reads: Q3 2018 Midstream Partners, LP today announced third quarter 2018 results, including net income of $209.9 million, adjusted EBITDA of $280.1 million, net cash provided by operating activities of $242.6 million, and distributable cash flow of $218.6 million. EQM operating income was [...]
EQT Corp. today announced changes to its executive leadership in preparation for the upcoming separation of the Company’s upstream and midstream businesses. The following changes are effective immediately. Jonathan Lushko has been promoted to general counsel and senior vice president, government affairs where he will oversee legal and enterprise risk; external affairs; corporate communications; environmental, and [...]
EQM Midstream Partners, LP today announced third quarter 2018 results, including net income of $209.9 million, adjusted EBITDA of $280.1 million, net cash provided by operating activities of $242.6 million, and distributable cash flow of $218.6 million. EQM operating income was $233.5 million, which was 60% higher than last year. The Non-GAAP Disclosures section of this news release provides reconciliations of non-GAAP [...]
EQT Corp. today announced financial and operational performance results for the third quarter 2018. Highlights: Increase of 125% in net cash provided by operating activities Increase of 160% in adjusted operating cash flow Decrease of 23% in Production’s per unit cash operating costs Completion of the sale of the Company’s non-core Huron assets Financial Results Three Months Ended September 30, 2018 2017 [...]
EQT Corp. today announced that its board of directors has approved the previously announced spin-off of Equitrans Midstream Corporation , a company recently formed by EQT to hold EQT’s midstream business following the upcoming separation of EQT’s upstream and midstream businesses. Record Date is set for November 1, 2018 Distribution Date is set for November 12, 2018 Regular-way trading for ETRN on the NYSE to [...]
EQT Corp. today announced that it has appointed four new members to its board of directors , effective upon completion of the separation of the Company’s upstream and midstream businesses, which is expected to occur at 11:59 p.m. Eastern Time on November 12, 2018. Additionally, Robert J. McNally, currently EQT’s chief financial officer, who will become president and chief executive officer of EQT [...]
EQM Midstream Partners, LP , 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 , declared a quarterly [...]
EQT Midstream Partners, LP and EQT GP Holdings, LP will host a joint teleconference with security analysts on October 25, 2018, beginning at 11:30 a.m. ET. Topics of the teleconference will include financial and operational results, and other matters, with respect to the third quarter 2018. A brief Q&A session for security analysts will immediately follow the results discussion. The teleconference will be webcast live at [...]
EQT Corp. will host a teleconference with security analysts on October 25, 2018, beginning at 10:30 a.m. ET. Topics of the teleconference will include financial and operational results, and other matters, with respect to the third quarter 2018. A brief Q&A session for security analysts will immediately follow the results discussion. The teleconference will be webcast live at www.EQT.com, with a replay available for seven [...]
EQT Corp. , today, declared a quarterly cash dividend of $0.03 per share, payable December 1, 2018, to shareholders of record at the close of business on November 9, 2018. About EQT Corporation: EQT Corp. is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, and transmission. With more than 130 years of experience and a long-standing history of good corporate citizenship, EQT [...]
EQT Corp. , today, announced key leadership appointments, to be effective upon completion of the Company’s upstream and midstream business separation. The EQT senior management team will be: Robert J. McNally, President and Chief Executive Officer David Schlosser, Executive Vice President, Exploration & Production and Innovation Blue Jenkins, Executive Vice President, Commercial, Business Development, Information [...]
EQT Corp. has released its new online 2018 Corporate Social Responsibility report “Journey Beyond the Horizon.” This report details EQT’s achievements and progress toward its sustainability efforts during fiscal year 2017, highlighting the Company’s management approach, performance, and strategic focus on continually strengthening its corporate social responsibility commitments to investors [...]
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