EQT Midstream Partners (EQM) Misses Q2 EPS by 3c

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Q2 2015 Results Announced for EQT Midstream Partners and EQT GP Holdings

July 23, 2015 7:05 AM EDT

PITTSBURGH--(BUSINESS WIRE)-- EQT Midstream Partners, LP (NYSE: EQM) and EQT GP Holdings, LP (NYSE: EQGP) today announced second quarter 2015 financial and operating results. EQT Midstream Partners (EQM) net income for the quarter totaled $91.3 million, adjusted EBITDA was $110.5 million, and distributable cash flow was $102.8 million. EQM adjusted operating income was $99.8 million, or 43% higher than the same quarter last year. The non-GAAP financial measures are reconciled in the Non-GAAP Disclosures section of this news release.

EQT GP Holdings, LP (EQGP) owns a 30.2% limited partner interest and 2% general partner interest, along with 100% of the incentive... More