General | Capital Markets | Capital Expenditure
EQT Midstream Plans to Spend Up to $250 Million in 2015
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EQT Midstream Partners, LP, an EQT Corporation company, has announced its 2015 financial and capital expenditure (CAPEX) forecast.
Adjusted EBITDA is expected to be $330 - $345 million and distributable cash flow is expected to be $280 - $295 million. The adjusted EBITDA, distributable cash flow and CAPEX forecasts do not include impacts of potential acquisitions.
DistributionsEQT Midstream Partners, LP (Partnership) forecasts quarterly distribution increases of a minimum of $0.03 per unit per quarter through at least the end of 2016. The 2015 distribution per unit is expected to be at least 22% higher than the 2014 distribution per unit.
Capital Expenditures & ContributionsThe Partnership forecasts 2015 growth CAPEX and capital contributions to Mountain Valley Pipeline, LLC, to be…
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