Downgrades Buy Hold X

EQGP EQT GP Holdings

Jefferies

Downgrades Buy Neutral X

EQGP EQT GP Holdings

Citigroup

Upgrades Neutral Buy X

EQGP EQT GP Holdings

Citigroup

Upgrades Hold Buy X

EQGP EQT GP Holdings

Jefferies

Initiated Hold X

EQGP EQT GP Holdings

Jefferies

$22

Downgrades Buy Neutral X

EQGP EQT GP Holdings

Seaport Global Securities

$26 $28

Upgrades Neutral Buy X

EQGP EQT GP Holdings

Seaport Global Securities

Downgrades Buy Neutral X

EQGP EQT GP Holdings

BofA/Merrill

Downgrades Outperform Sec Perform X

EQGP EQT GP Holdings

RBC Capital Mkts

EQGP  EQT GP Holdings, LP Common Units representing limited partner interests

EQT GP Holdings, LP (EQGP) is a limited partnership company and subsidiary of EQT Gathering Holdings, LLC (EQT Gathering Holdings). The Company was formed to own EQT Corporation's (EQT's) partnership interests in EQT Midstream Partners, LP (EQM), a limited partnership formed by EQT to own, operate, acquire and develop midstream assets in the Appalachian Basin. Its segments include Gathering, and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system. The Transmission segment includes EQM's FERC-regulated interstate pipeline and storage business. EQGP has no independent operations. It has partnership interests in EQM. As of December 31, 2016, EQM provided midstream services to EQT and various third parties across 24 counties in Pennsylvania, West Virginia and Ohio through its two primary assets: the gathering system, and the transmission and storage system.