EQT Midstream Partners, EQT GP Holdings and Rice Midstream Partners Announce Quarterly Distributions
19 January 2018 - 9:10AM
Business Wire
EQT Midstream Partners, LP (NYSE: EQM), today declared a
quarterly cash distribution of $1.025 per unit for the fourth
quarter of 2017. The distribution will be paid on February 14,
2018, to all EQM unitholders of record at the close of business on
February 2, 2018. The quarterly cash distribution is 5% higher than
the third quarter of 2017, and 21% higher compared to the fourth
quarter of 2016.
EQT GP Holdings, LP (NYSE: EQGP), today declared a quarterly
cash distribution of $0.244 per unit for the fourth quarter of
2017. The distribution will be paid on February 23, 2018, to all
EQGP unitholders of record at the close of business on February 2,
2018. The quarterly cash distribution is 7% higher than the third
quarter of 2017, and 38% higher than the fourth quarter of
2016.
Rice Midstream Partners LP (NYSE: RMP), today declared a
quarterly cash distribution of $0.2917 per unit for the fourth
quarter of 2017. The distribution will be paid on February 14,
2018, to all RMP unitholders of record at the close of business on
February 2, 2018. The quarterly cash distribution is 4% higher than
the third quarter of 2017, and 16% higher than the fourth quarter
of 2016.
About EQT Midstream
Partners:
EQT Midstream Partners, LP is a growth-oriented limited
partnership formed by EQT Corporation to own, operate, acquire, and
develop midstream assets in the Appalachian Basin. The Partnership
provides midstream services to EQT Corporation and third-party
companies through its strategically located transmission, storage,
and gathering systems that service the Marcellus and Utica regions.
The Partnership owns approximately 950 miles of FERC-regulated
interstate pipelines; and also owns approximately 1,800 miles of
high- and low-pressure gathering lines.
Visit EQT Midstream Partners, LP 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 90% limited partner interest in EQT GP Holdings, L.P.
Visit EQT GP Holdings, LP at
www.eqtmidstreampartners.com.
About Rice Midstream
Partners:
Rice Midstream Partners LP is a fee-based, growth-oriented
limited partnership formed to own, operate, develop and acquire
midstream assets in the Appalachian basin. RMP provides midstream
services to EQT Corporation and third-party companies through its
natural gas gathering, compression and water assets in the rapidly
developing dry gas cores of the Marcellus and Utica Shales.
Visit Rice Midstream Partners LP at www.ricemidstream.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, EQGP’s, and RMP’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,
EQGP’s, and RMP’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, EQGP or RMP, as applicable, are treated as the withholding
agents responsible for withholding on the distributions received by
them on behalf of foreign investors.
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version on businesswire.com: http://www.businesswire.com/news/home/20180118006446/en/
EQT Midstream Partners / EQT GP Holdings / Rice Midstream
Partners analysts:Nate Tetlow, 412-553-5834Investor Relations
Directorntetlow@eqtmidstreampartners.comorEQT
analysts:Patrick Kane, 412-553-7833Chief Investor Relations
Officerpkane@eqtmidstreampartners.comorMedia
inquiries:Natalie Cox, 412-395-3941Corporate Director,
Communicationsncox@eqtmidstreampartners.com
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