EQT Corp (EQT) plans to carve-out MLP

EQT Corp (EQT) announced that it intends to file a registration statement with the SEC for an IPO of a MLP (HoldCo) that will own the GP and the incentive distribution rights of EQT Midstream Partners, LP (EQM), as well as EQT’s 21.3MM limited partner units. The company expects to file the statement Q1 2015, and expects the offering in mid-2015. EQT will sell 20% and hold 80%. Source