EQT Corp. (EQT) Tops Q2 EPS by 6c
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Q2 2016 Results Announced for EQT Midstream Partners and EQT GP Holdings
July 28, 2016 6:33 AM EDTPITTSBURGH--(BUSINESS WIRE)-- EQT Midstream Partners, LP (NYSE: EQM) today announced second quarter 2016 results, including net income of $124.8 million, adjusted EBITDA of $138.1Â million, net cash provided by operating activities of $150.4 million, and distributable cash flow of $129.1 million. EQM operating income was $124.3 million and adjusted operating income was $123.0 million, each 23% higher than the same quarter last year. The Non-GAAP Disclosures section of this news release provides reconciliations of non-GAAP financial measures to their most comparable GAAP financial measure as well as important disclosures regarding projected adjusted EBITDA and projected distributable cash flow.
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