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 [...]
EQT Corp. plans to issue its second quarter financial and operating results after market close on Tuesday, July 25, 2023, and will host a conference call with securities analysts on Wednesday, July 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 second quarter of 2023. A brief Q&A session for securities analysts will [...]
Company Aggressively Addresses Methane and Makes Significant Progress in Reducing Emissions EQT Corp. , the largest producer of natural gas in the United States, today announced the publication of its 2022 Environmental, Social and Governance Report. The report, which is titled Purpose. Power. Prosperity., highlights the Company's significant reduction of methane emissions and continued progress in achieving net zero [...]
EQT Private Equity, together with its co-shareholders, to sell BBS Automation to MDAX-listed Dürr Group Under EQT's ownership, BBS has transformed from a founder-led organization to a global leader in end-to-end factory automation solutions with full digital capabilities Since EQT entered in 2018, the Company has more than doubled its revenues, significantly expanded its global site footprint, and complemented organic [...]
EQT Corp. today announced the consideration payable with respect to its previously announced tender offer to purchase for cash up to $300.0 million aggregate principal amount of its outstanding 6.125% Senior Notes due 2025 . The following table sets forth some of the terms of the Tender Offer, including the consideration payable: Title of Notes CUSIP Number Principal Amount Outstanding Maximum Tender Amount Reference U.S [...]