M&A Deal Summary

Equitrans Midstream Acquires EQGP Holdings

On November 30, 2018, Equitrans Midstream acquired oil/gas exploration company EQGP Holdings

Acquisition Highlights
  • This is Equitrans Midstream’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Equitrans Midstream’s 1st transaction in the United States.
  • This is Equitrans Midstream’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2018-11-30
Target EQGP Holdings
Sector Oil/Gas Exploration
Buyer(s) Equitrans Midstream
Deal Type Add-on Acquisition

Target

EQGP Holdings

Pittsburgh, Pennsylvania, United States
EQGP Holdings, LP (EQGP) is a limited partnership that owns the general partner interest, all of the incentive distribution rights, and a portion of the limited partner interests in EQM Midstream Partners, LP. The company operates in two segments: gathering and transmission. EQGP was formed in 2015 and is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Equitrans Midstream

Canonsburg, Pennsylvania, United States

Category Company
Founded 2018
Sector Oil/Gas Exploration
Employees766
Revenue 1.4B USD (2023)
DESCRIPTION

Equitrans Midstream is a natural gas midstream operator in the Marcellus & Utica shale. Equitrans Midstream was founded in 2018 and is based in Canonsburg, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 2
Country (United States) 1 of 2
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-17 EQM Midstream

Canonsburg, Pennsylvania, United States

EQM Midstream is an integrated energy company. Equitrans Midstream was founded in 2012 and is based in Canonsburg, Pennsylvania.

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