Eqt Midstream Partners Executive Team and Leadership

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Eqt Midstream Partners has a strong leadership team that has driven the company's success. The executive team is led by Todd R. Gregg, who serves as the President and CEO.

Todd R. Gregg has been instrumental in shaping the company's strategy and growth. He has over 20 years of experience in the energy industry.

The executive team also includes other experienced professionals, including Todd A. Filler, who serves as the Chief Financial Officer.

Mountain Valley Pipeline

The Mountain Valley Pipeline is a significant project for Equitrans Midstream, with a majority 48 percent interest and a $2.5 billion price tag. It will connect Marcellus and Utica natural gas shale fields with East Coast markets.

The pipeline is 94 percent complete, with Equitrans having already spent $2.6 billion on the project and expecting to spend another $800 million. It was initially expected to be in service by 2018, but numerous legal challenges have delayed the project.

Credit: youtube.com, The Battle Over the Mountain Valley Pipeline in The Appalachian Mountains

A unanimous United States Court of Appeals for the Fourth Circuit revoked permits issued by the United States Forest Service and Bureau of Land Management in January 2022, citing non-compliance with the National Environmental Policy Act. The same court struck down permits issued by the United States Fish and Wildlife Service nine days later.

Equitrans won a ruling from the Federal Energy Regulatory Commission in April 2022, allowing it to use a trenchless method of crossing water and wetlands. This development came after the company asked federal agencies for new permits on May 2, 2022.

The pipeline's completion and operation are now expected to be completed in the second half of 2023, pending further permits. Senator Joe Manchin III secured an agreement from Democratic leaders in July 2022, which would move the project forward.

Executive Team

Meet Kirk Oliver, the Executive Vice President and Chief Financial Officer of Equitrans Midstream Corporation. He was appointed to this role in January 2024, bringing with him a wealth of experience from his previous positions.

Credit: youtube.com, Fireside Chat with Toby Rice (CEO) and Jeremy Knop (CFO) of EQT Corporation (NYSE: EQT)

Oliver's professional career spans over four decades, starting as an engineer in 1981 with Motorola, Inc. He later made the switch to the financial sector in 1987, joining Lehman Brothers as an associate.

With over 30 years of experience in the financial sector, Oliver has held various senior positions, including vice president, senior vice president, and executive vice president. He has worked with several prominent companies, including TXU Corp, Hunt Power, L.L.C., and UGI Corporation.

Executive Vice President and CFO

Kirk Oliver, the Executive Vice President and Chief Financial Officer of Equitrans Midstream Corporation, has a long and distinguished career in finance.

He began his professional career as an engineer in 1981 with Motorola, Inc.

Oliver made the move to the financial sector in 1987, joining Lehman Brothers as an associate working in the Global Power & Energy Group.

During his 11-year tenure with Lehman, his responsibilities included various investment banking transactions, equity and debt issuances, and mergers & acquisitions advisory.

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He was promoted to vice president in 1991 and to senior vice president in 1994.

Oliver's experience in restructuring companies is notable, having led the successful development and execution of a strategy to restructure TXU Corp in 1998.

He became senior vice president of finance in 2000 and was promoted to executive vice president and chief financial officer in 2004 at TXU Corp.

Oliver holds a Bachelor of Science degree in Electrical Engineering from Lawrence Technological University and a Master of Business Administration degree from the University of Chicago’s Booth (Graduate) School of Business.

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Stephen Moore brings over 30 years of experience to his role as Executive Vice President and Chief Legal Officer at Equitrans Midstream Corporation.

He has a strong background in counseling in-house clients in various business and legal environments, with a focus on commercial transactions, securities, and corporate governance matters.

Moore's expertise also includes statutory and regulatory compliance, mergers and acquisitions, and capital markets transactions.

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He has held senior legal positions in the law departments of public and private companies, including General Electric Capital Corporation.

In his previous role as senior vice president and general counsel at Equitrans Midstream, Moore was responsible for providing legal guidance to the company.

Moore's experience in the midstream energy sector is evident in his previous positions, including his time as general counsel of PennTex Midstream Partners, LP, a publicly traded master limited partnership.

He has also worked on high-profile transactions, such as the acquisition of PennTex by Energy Transfer Partners, L.P. in 2016 and 2017.

Moore holds a Juris Doctor degree from Georgetown University Law Center and a Bachelor of Arts degree in American Studies from Georgetown University.

Senior Vice President, Commercial

Nate Tetlow was appointed Senior Vice President, Commercial Services of Equitrans Midstream Corporation in January 2024.

He has a strong background in corporate finance and investor relations, having joined EQT Corporation in 2008 as a business specialist in the treasury department.

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Tetlow has held various management positions with increased responsibility, including being instrumental in driving 16 capital market transactions, totaling approximately $14 billion.

He earned the Chartered Financial Analyst designation in 2004 and is a member of the National Investor Relations Institute and the Chartered Financial Analyst Society of Pittsburgh.

Tetlow holds a Bachelor of Science degree in Finance from Virginia Tech’s Pamplin College of Business and a Master of Business Administration degree from Carnegie Mellon University’s Tepper School of Business.

He possesses in-depth experience in the fields of corporate finance and investor relations, having previously served as Vice President, Corporate Development and Investor Relations since September 2018.

Operations

Eqt Midstream Partners operates a vast network of pipelines, gathering systems, and other infrastructure. This extensive network spans over 20,000 miles of pipeline.

The company's operations are organized into four main segments: gathering, processing, transmission, and storage. These segments work together to transport and store natural gas and oil.

Credit: youtube.com, EQT Business Summary

Eqt Midstream Partners' gathering segment includes over 7,000 miles of pipeline, which collect natural gas and oil from wells and transport it to processing facilities. This segment plays a crucial role in the company's operations.

The company's processing segment includes 10 processing plants with a combined capacity of over 1.5 billion cubic feet per day. These plants remove impurities from the natural gas and prepare it for transmission.

Eqt Midstream Partners' transmission segment includes over 12,000 miles of pipeline, which transport natural gas and oil to markets across the United States. This segment is a critical part of the company's operations.

The company's storage segment includes several underground storage facilities, which store natural gas and oil for later use. This segment helps to stabilize the company's operations and ensure a consistent supply of energy.

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Frequently Asked Questions

What happened to Equitrans midstream?

Equitrans Midstream Corporation was acquired by EQT Corporation in July 2024, becoming part of a vertically integrated natural gas business. This merger created a new industry leader in the US natural gas market.

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