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EQT GP Holdings, LP, a Delaware limited partnership (the Partnership) and an EQT Corporation company, today announced it has commenced an initial public offering of 20,000,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (SEC). The underwriters will be granted a 30-day option to purchase up to an additional 3,000,000 common units. The common units of the Partnership are expected to be listed and traded on the New York Stock Exchange, under the symbol “EQGP.”

The common units being offered to the public represent a 7.5% limited partner interest in the Partnership, or 8.5% limited partner interest if the underwriters exercise their overallotment option in full. EQT Corporation will hold a 92.5% limited partner interest and a non-economic general partner interest in the Partnership, or 91.5% if the underwriters exercise their overallotment option in full.

Barclays, Goldman, Sachs & Co., BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are acting as joint book-running managers for the offering; MUFG, BNP PARIBAS, PNC Capital Markets LLC, Scotia Howard Weil, SunTrust Robinson Humphrey, Ladenburg Thalmann, Oppenheimer & Co. and U.S. Capital Advisors are acting as co-managers for the offering.