EQT Midstream Partners (EQM) Tops Q4 EPS by 17c

2015 Results Announced for EQT Midstream Partners and EQT GP Holdings

PITTSBURGH--(BUSINESS WIRE)-- EQT Midstream Partners, LP (NYSE: EQM) today announced full-year and fourth quarter 2015 financial and operating results. For the year, EQT Midstream Partners, LP (EQM) net income totaled $393.5 million, while adjusted EBITDA was $449.0 million and distributable cash flow was $406.5 million. For the fourth quarter, EQM net income totaled $112.7 million, while adjusted EBITDA was $128.6 million and distributable cash flow was $111.9 million. Adjusted operating income for the fourth quarter was $117.0 million, or 24% higher than the same quarter last year. The non-GAAP financial measures are reconciled in the Non-GAAP Disclosures section of this news release.... More

EQT Reports Year-End and Fourth Quarter 2015 Earnings

Six consecutive years of greater than 25% production growth

PITTSBURGH--(BUSINESS WIRE)-- EQT Corporation (NYSE: EQT) today announced 2015 net income attributable to EQT of $85.2 million, or $0.56 per diluted share (EPS), compared to earnings of $387.0 million, or $2.54 per diluted share in the previous year. Adjusted net income during 2015 was $114.7 million, compared to $523.9 million in 2014, after considering several items that affect direct year-over-year comparability. Adjusted EPS for the year was $0.75, compared to $3.43 in 2014; and adjusted operating cash flow attributable to EQT was $964.3 million, compared to $1,424.0 million in 2014. The non-GAAP financial measures and the items affecting comparability... More