EQT Corp.

EQT Corp. today announced the Company’s 2018 capital expenditure forecast of $2.4 billion, which includes $2.2 billion for well development and $150 million for acreage fill-ins and bolt-on leasing. Based on current pricing and synergy capture, the 2018 drilling program is expected to be fully funded through adjusted operating cash flow attributable to EQT. “We have already begun to realize synergies [...]

EQT Corporation today announced that its Board of Directors has appointed Thomas F. Karam, founder and Chairman of Karbon Partners, LLC; and Norman J. Szydlowski, former President and Chief Executive Officer of SemGroup Corporation, to the EQT Board of Directors, effective immediately. With these appointments, EQT has expanded its Board size to 15 Directors. “Following a comprehensive search process that included [...]

EQT Corporation today announced that it has completed its acquisition of Rice Energy Inc. “With the closing of the transaction, we are combining two of the leading operators in the Appalachian Basin to create an even stronger company that is positioned to deliver greater returns to shareholders through operating efficiencies and improved overall well economics,” said Steve Schlotterbeck, EQT's president and chief [...]

EQT Corporation today announced that, based on the final tabulation provided by its proxy solicitor, EQT shareholders have approved the pending transaction with Rice Energy at the Company’s special meeting held earlier today. Of the total shares cast, approximately 84% percent voted in favor of the proposal to issue stock for execution of the transaction. EQT expects to file final vote results, as certified by the Judges [...]