EQT Corp.

EQT Corp. today announced financial and operational results for the third quarter of 2023. Third Quarter 2023 and Recent Highlights: Closed the strategic acquisitions of Tug Hill and XcL Midstream with integration ahead of schedule and progressing at record pace as compared to prior integrations Already achieved ~40% drilling and completion efficiency improvements versus legacy Tug Hill performance in only ~60 days of [...]

EQT Corp. today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on December 1, 2023, to shareholders of record at the close of business on November 8, 2023. This represents a five percent increase to EQT's regular quarterly cash dividend to $0.63 per share on an annualized basis. President and CEO Toby Z. Rice stated, "Since initiating our base dividend in late 2021 [...]

EQT Corp. plans to issue its third quarter financial and operating results after market close on Wednesday, October 25, 2023, and will host a conference call with securities analysts on Thursday, October 26, 2023, beginning at 10:00 a.m. ET. Topics of the teleconference will include financial and operating results, and other matters, with respect to the third quarter of 2023. A brief Q&A session for securities analysts [...]

EQT Corp. today announced it has entered into a Heads of Agreement for liquefaction services from Commonwealth LNG's facility in Cameron, Louisiana to produce 1 million tons per annum of LNG under a 15-year tolling agreement. Final terms remain subject to negotiation of a definitive agreement between the parties. Commonwealth anticipates a final investment decision on the project in the first quarter of 2024, with first [...]

BPEA EQT sells its remaining 26.6 percent stake in Coforge, an India-headquartered Digital IT Solutions & Technology Consulting Services provider, through a USD 924m block trade Ideally positioned in one of BPEA EQT's core sectors, Tech Services, Coforge has under BPEA EQT's ownership doubled its revenue and EBITDA, crossing USD 1 billion of revenue in April 2023 BPEA EQT helped strengthen Coforge's organic growth through [...]

EQT Corp. today announced it has closed its previously announced acquisition of THQ Appalachia I Midco, LLC and THQ-XcL Holdings I Midco, LLC . Final consideration after purchase price adjustments was comprised of approximately $2.4 billion of cash and 49.6 million shares of EQT common stock. EQT funded the cash portion of the consideration with $1.25 billion of term loan borrowings, $1 billion of cash on hand and the [...]

EQT Corp. today announced that the U.S. Federal Trade Commission has resolved its review of EQT's agreement with THQ Appalachia I, LLC and THQ-XcL Holdings I, LLC to acquire Tug Hill's upstream assets and XcL Midstream's gathering and processing assets pursuant to an Agreement Containing Consent Order entered into among the parties to the transactions and the FTC effective as of today. Tug Hill and XcL Midstream are [...]

EQT Corp. today announced financial and operational results for the second quarter of 2023. Second Quarter 2023 and Recent Highlights: Second quarter production of 471 Bcfe and capital expenditures, excluding noncontrolling interests, of $470 million, in-line with the midpoint of respective guidance ranges Cash operating expenses of $1.37 per Mcfe, near the low-end of guidance Retired $800 million of debt in the second [...]

EQT Corp. today announced Jeremy Knop has been named Chief Financial Officer , following completion of the Company's previously announced succession process. Mr. Knop, who previously served as the Company's Executive Vice President of Corporate Development, will assume the CFO role effective July 24, 2023. Mr. Knop has extensive experience in strategic decision making, investment management, capital allocation, M&A and [...]

EQT Corp. today declared a quarterly cash dividend of $0.15 per share, payable on September 1, 2023, to shareholders of record at the close of business on August 9, 2023. Investor Contact: Cameron Horwitz Managing Director, Investor Relations & Strategy 412.395.2555 Cameron.Horwitz@eqt.com About EQT Corporation EQT Corp. is a leading independent natural gas production company with operations focused in the cores of the [...]