Market Overview

EQT Leadership Announcements

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EQT Corporation (NYSE:EQT), today, announced key leadership
appointments, to be effective upon completion of the Company's upstream
and midstream business separation.

The EQT senior management team will be:

  • Robert J. McNally, President and Chief Executive Officer
  • David Schlosser, Executive Vice President, Exploration & Production
    and Innovation
  • Blue Jenkins, Executive Vice President, Commercial, Business
    Development, Information Technology and Safety
  • Jimmi Sue Smith, Senior Vice President and Chief Financial Officer
  • Lew Gardner, General Counsel and Vice President, External Affairs
  • Dave Smith, Vice President, Human Resources
  • Blake McLean, Vice President, Strategic Planning
  • Pat Kane, Vice President, Investor Relations

The Equitrans Midstream Corporation (ETRN) leadership team will be:

  • Thomas F. Karam, President and Chief Executive Officer
  • Diana Charletta, Executive Vice President and Chief Operating Officer
  • Kirk Oliver, Senior Vice President and Chief Financial Officer
  • Bob Cooper, Senior Vice President, MVP Engineering and Construction
  • Charlene Petrelli, Senior Vice President and Chief Administrative
    Officer
  • Bob Williams, Vice President and General Counsel
  • Carmine Fantini, Vice President, Strategic Planning
  • Nate Tetlow, Vice President, Corporate Development and Investor
    Relations

Individual biographies of all executives will be available on the
Companies' respective websites following the separation.

The proposed separation remains subject to customary conditions,
including receipt of a private letter ruling from the Internal Revenue
Service with respect to the tax treatment of the transaction for U.S.
federal income tax purposes, the effectiveness of a Form 10 registration
statement filed with the Securities and Exchange Commission for the
shares of Equitrans Midstream Corporation, and final approval and
declaration of the spin-off dividend by the EQT Board of Directors.

About EQT Corporation:

EQT Corporation is an integrated energy company with emphasis on
Appalachian area natural gas production, gathering, and transmission.
With more than 130 years of experience and a long-standing history of
good corporate citizenship, EQT is the largest producer of natural gas
in the United States. As a leader in the use of advanced horizontal
drilling technology, EQT is committed to minimizing the impact of
drilling-related activities and reducing its overall environmental
footprint. Through safe and responsible operations, EQT is helping to
meet our nation's growing demand for clean-burning energy, while
continuing to provide a rewarding workplace and enrich the communities
where its employees live and work. EQT owns the general partner interest
and a 91% limited partner interest in EQT GP Holdings, LP. EQT GP
Holdings, LP owns the general partner interest, all of the incentive
distribution rights, and a portion of the limited partner interest in
EQT Midstream Partners, LP.

Visit EQT Corporation at www.EQT.com;
and to learn more about EQT's sustainability efforts, please visit https://csr.eqt.com.

Cautionary Statements

Disclosures in this news release contain certain forward-looking
statements within the meaning of Section 21E of the Securities Exchange
Act of 1934, as amended, and Section 27A of the Securities Act of 1933,
as amended. Statements that do not relate strictly to historical or
current facts are forward-looking. Without limiting the generality of
the foregoing, forward- looking statements contained in this news
release specifically include the expectations of plans, strategies,
objectives and growth and anticipated financial and operational
performance of EQT and its subsidiaries, including the timing of any
separation involving the production and midstream businesses; whether
the conditions to the separation can be satisfied; and the expectations
of management and board of director transition plans of EQT and EQT's
subsidiaries. These statements involve risks and uncertainties that
could cause actual results to differ materially from projected results.
Accordingly, investors should not place undue reliance on
forward-looking statements as a prediction of actual results. EQT has
based these forward-looking statements on current expectations and
assumptions about future events. While EQT considers these expectations
and assumptions to be reasonable, they are inherently subject to
significant business, economic, competitive, regulatory and other risks
and uncertainties, many of which are difficult to predict and beyond
EQT's control. The risks and uncertainties that may affect the
operations, performance and results of EQT's business and
forward-looking statements include, but are not limited to, those set
forth under Item 1A, "Risk Factors" of EQT's Form 10-K for the year
ended December 31, 2017, as updated by any subsequent Form 10-Qs.

Any forward-looking statement speaks only as of the date on which such
statement is made and EQT does not intend to correct or update any
forward-looking statement, whether as a result of new information,
future events or otherwise.

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