EQT Corp. today announced that it has reached a tentative settlement agreement with West Virginia landowners who are part of a statewide class action lawsuit. EQT believes that the proposed settlement agreement, which will resolve lease royalty claims in a case that has been pending since 2013, demonstrates the Company’s commitment to fostering good relationships with landowners. To resolve the royalty claims for [...]
Toby Z. Rice and Derek A. Rice, shareholders of EQT Corp. , today presented a detailed plan to improve operational performance and increase shareholder value at EQT. A presentation is now available on the Rice Team website www.eqtpathforward.com and the Rice Team will hold an investor call today at 10:00 A.M. ET to discuss its plan. On the call, the Rice Team will address: Its analysis of EQT’s 2019 plan and why [...]
EQT Corp. will host a teleconference with security analysts on February 14, 2019, beginning at 10:30 a.m. ET. Topics of the teleconference will include financial and operational results with respect to the fourth quarter and year-end 2018. A Q&A session for security analysts will immediately follow the results discussion. The teleconference will be webcast live at www.EQT.com, with a replay available for seven days [...]
Toby Z. Rice and Derek A. Rice, shareholders of EQT Corp. , today issued the following statement in response to EQT’s 2019 plan: “EQT’s presentation today does not address the fundamental concerns being raised across EQT’s shareholder base – that management lacks the relevant operational experience, track record and vision to realize the value of EQT’s underlying assets. Just over a [...]
EQT Corp. , today, announced the Company’s 2019 capital expenditure forecast of $1.9 – $2.0 billion, which includes approximately $1.6 billion for reserve development. Based on pricing as of January 14, 2019, EQT forecasts approximately $350 million of Adjusted Free Cash Flow in 2019. EQT forecasts 2019 production sales volume of 1,470 – 1,510 Bcfe. The 2019 drilling program anticipates a 5% increase in [...]
EQT Corp.’s conference call to discuss the Company's 2019 capital program and updated analyst presentation previously scheduled for December 13, 2018, will now take place on Tuesday, January 22, 2019, at 8:30 a.m. Eastern Time. EQT also intends to announce its 2019 capital program prior to the opening of trading on the New York Stock Exchange on January 22, 2019. The conference call will be broadcast live and will [...]
EQT Corp. today, declared a quarterly cash dividend of $0.03 per share, payable March 1, 2019, to shareholders of record at the close of business on February 15, 2019. EQT Corp. is a natural gas production company with emphasis in the Appalachian Basin and operations throughout Pennsylvania, West Virginia and Ohio. With 130 years of experience and a long-standing history of good corporate citizenship, EQT is the largest [...]
EQT Corp.’s conference call to discuss the company's 2019 capital program and updated analyst presentation that was previously scheduled for December 13, 2018, has been postponed in light of scheduling conflicts resulting from the passing of a family member of EQT’s CEO, Robert McNally. EQT expects to announce a new date and time for the conference call and the announcement of its 2019 capital program in the [...]
Toby Z. Rice and Derek A. Rice, who collectively own 7 million shares of EQT Corp. , today sent a letter to the Board of Directors of EQT and released a presentation outlining the path forward for an operational transformation at the Company to maximize value for all shareholders. Both the presentation and the letter can be viewed at www.EQTPathForward.com. The full text of the letter follows: December 10, 2018 Board of [...]
EQT Corp. will host a conference call at 10:30 a.m. Eastern Time on December 13, 2018 to discuss the Company's 2019 capital program and updated analyst presentation. EQT intends to release its 2019 capital program announcement prior to the opening of trading on the New York Stock Exchange on December 13, 2018. The conference call will be broadcast live and will be accessible via the EQT investor information page at [...]
EQT Corp. today announced it has completed the spin-off of Equitrans Midstream Corporation , a company formed by EQT to hold EQT’s midstream business in the context of the separation of EQT’s upstream and midstream businesses. EQT will continue to hold its upstream business, which is the largest producer of natural gas in the United States based on average daily sales volume. Upon completion of the separation [...]
EQT Corp. , today, established new record and payment dates for the previously declared quarterly cash dividend of $0.03 per share, which was originally announced by EQT on October 10, 2018. The previously announced quarterly cash dividend of $0.03 per share is now payable on December 3, 2018, to shareholders of record at the close of business on November 21, 2018. About EQT Corporation: EQT Corp. is an integrated energy [...]
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