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Fly News Breaks for June 19, 2017
EQGP, RMP, EQM, RICE, EQT
Jun 19, 2017 | 09:44 EDT
After EQT (EQT) announced an agreement to acquire Rice Energy (RICE), RBC Capital analyst TJ Schultz called the news a positive for EQT Midstream (EQM) and EQT GP (EQGP), as it will enhance their growth outlook. However, he views it as a near-term negative for Rice Midstream (RMP), which now lacks clarity and no longer has drops to support growth. Schultz added that he thinks EQT eventually will look to collapse the midstream structure to eliminate the IDRs.
News For EQT;RICE;EQM;RMP;EQGP From the Last 2 Days
