KLR Group Upgrades EQT Corp. (EQT) to Buy

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Go back to KLR Group Upgrades EQT Corp. (EQT) to Buy

Q3 2015 Results Announced for EQT Midstream Partners and EQT GP Holdings

October 22, 2015 6:32 AM EDT

PITTSBURGH--(BUSINESS WIRE)-- EQT Midstream Partners, LP (NYSE: EQM) and EQT GP Holdings, LP (NYSE: EQGP) today announced third quarter 2015 financial and operating results. EQT Midstream Partners, LP (EQM) net income for the quarter totaled $94.1 million, adjusted EBITDA was $113.4 million, and distributable cash flow was $101.8 million. EQM adjusted operating income was $102.2 million, or 28% higher than the same quarter last year. Net income attributable to EQT GP Holdings, LP (EQGP) for the third quarter totaled $38.1 million. The non-GAAP financial measures are reconciled in the Non-GAAP Disclosures section of this news release.

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