Research Update: EQT Midstream Partners L.P. 'BBB-' Corporate Credit Rating Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: EQT Midstream Partners L.P. 'BBB-' Corporate Credit Rating Affirmed; Outlook Stable

Research Update: EQT Midstream Partners L.P. 'BBB-' Corporate Credit Rating Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: EQT Midstream Partners L.P. 'BBB-' Corporate Credit Rating Affirmed; Outlook Stable
Published Jun 19, 2017
6 pages (1930 words) — Published Jun 19, 2017
Price US$ 225.00  |  Buy this Report Now

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Abstract:

EQT Corp., parent of U.S.-based midstream energy master limited partnership (MLP) EQT Midstream Partners LP, has announced an agreement to acquire Rice Energy Inc. EQT Corp. will purchase a 92% interest in Rice GP Holdings L.P., which owns 100% of the general partner incentive distribution rights and 28% of the limited partnership interest in Rice Midstream Partners L.P. We continue to view the partnership's strategic importance and close business ties with parent EQT Corp. as beneficial to its creditworthiness. We are affirming our 'BBB-' corporate credit and senior unsecured debt ratings on the partnership. The outlook is stable. The stable outlook on EQT Midstream Partners L.P. reflects our belief that EQT Corp.'s intention to drop midstream assets currently held at

  
Brief Excerpt:

...EQT Corp., parent of U.S.-based midstream energy master limited partnership (MLP) EQT Midstream Partners LP, has announced an agreement to acquire Rice Energy Inc. EQT Corp. will purchase a 92% interest in Rice GP Holdings L.P., which owns 100% of the general partner incentive distribution rights and 28% of the limited partnership interest in Rice Midstream Partners L.P....

  
Report Type:

Research Update

Issuer
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: EQT Midstream Partners L.P. 'BBB-' Corporate Credit Rating Affirmed; Outlook Stable" Jun 19, 2017. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-EQT-Midstream-Partners-L-P-BBB-Corporate-Credit-Rating-Affirmed-Outlook-Stable-1870755>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: EQT Midstream Partners L.P. 'BBB-' Corporate Credit Rating Affirmed; Outlook Stable Jun 19, 2017. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-EQT-Midstream-Partners-L-P-BBB-Corporate-Credit-Rating-Affirmed-Outlook-Stable-1870755>
  
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