EQT Midstream Partners (EQM) Tops Q2 EPS by 12c

Go back to EQT Midstream Partners (EQM) Tops Q2 EPS by 12c

Q2 2016 Results Announced for EQT Midstream Partners and EQT GP Holdings

July 28, 2016 6:33 AM EDT

PITTSBURGH--(BUSINESS WIRE)-- EQT Midstream Partners, LP (NYSE: EQM) today announced second quarter 2016 results, including net income of $124.8 million, adjusted EBITDA of $138.1 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.

... More

EQT Reports Second Quarter 2016 Earnings

July 28, 2016 6:26 AM EDT

Increases 2016 drilling plan

PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced second quarter 2016 net loss attributable to EQT of $258.6 million, or $1.55 loss per diluted share (EPS), compared to second quarter 2015 net income attributable to EQT of $5.5 million, or $0.04 per diluted share. Net cash provided by operating activities was $208.5 million, $5.6 million higher than the second quarter 2015.

Adjusted net loss was $57.6 million excluding hedge losses totaling $234.7 million in the second quarter 2016, resulting from a significant improvement in forward natural gas prices, $48.4 million lower than the second quarter 2015; and adjusted loss... More

EQT Midstream Partners and EQT GP Holdings Increase Quarterly Distributions

July 26, 2016 4:08 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- EQT Midstream Partners, LP (NYSE: EQM), today declared a quarterly cash distribution of $0.78 per unit for the second quarter of 2016. The distribution will be paid on August 12, 2016, to all EQM unitholders of record at the close of business on August 5, 2016. The quarterly cash distribution increased $0.14 per unit, or 22%, compared to the second quarter of 2015.

EQT GP Holdings, LP (NYSE: EQGP), today declared a quarterly cash distribution... More