EQT Corp. today announced that it has entered into a purchase agreement with THQ Appalachia I, LLC and THQ-XcL Holdings I, LLC whereby to which EQT has agreed to acquire Tug Hill's upstream assets and XcL Midstream's gathering and processing assets, for total consideration of $5.2 billion. Tug Hill and XcL Midstream are backed by equity commitments from funds managed by Quantum Energy Partners. The transaction is expected [...]
EQT Corp. today announced financial and operational results for the second quarter 2022. Second Quarter 2022 and Recent Highlights: Sales volumes of 502 Bcfe Total per unit operating costs of $1.37 per Mcfe Capital expenditures of $376 MM or $0.75 per Mcfe Net cash provided by operating activities of $230 MM, adjusted operating cash flow of $916 MM and free cash flow of $543 MM Increased quarterly base dividend by 20 [...]
EQT Corp. today announced that its board of directors declared a quarterly cash dividend of $0.15 per share, payable on September 1, 2022, to shareholders of record at the close of business on August 9, 2022. The increase of the quarterly cash dividend to $0.15 per share represents a 20 percent increase to EQT's regular quarterly cash dividend. President and CEO Toby Z. Rice stated, "In December, EQT reinstated its base [...]
Amid High Energy Prices and Environmental Concerns, 64% of Voters, including 65% of Democrats, Believe Increased Production Can Help the World Address Climate Change A nationwide poll conducted by Democratic polling firm Impact Research reveals that most Americans view natural gas as an affordable and reliable alternative to coal that will help address climate change and support increasing natural gas production. The [...]
EQT Corp. plans to issue its second quarter financial and operating results after market close on Wednesday, July 27, 2022, and will host a conference call with securities analysts on Thursday, July 28, 2022, 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 2022. A brief Q&A session for securities analysts will [...]
Company Makes Substantial Progress on All Emission Reduction Goals While Championing Critical Role of Natural Gas PITTSBURGH , June 22, 2022 /PRNewswire/ -- EQT Corp. , the largest producer of natural gas in the United States, today announced the publication of its 2021 Environmental, Social and Governance Report, highlighting the Company's significant progress in achieving net zero Scope 1 and 2 GHG emissions, as well as [...]
EQT Corp. today announced financial and operational results for the first quarter 2022. First Quarter 2022 Highlights: Sales volumes of 492 Bcfe Total per unit operating costs of $1.33 per Mcfe Capital expenditures of $310 MM or $0.63 per Mcfe Net cash provided by operating activities of $1,021 MM; free cash flow of $580 MM Achieved investment grade credit ratings from Fitch and S&P Repaid $569 MM of 2022 senior notes [...]
EQT Corp. today declared a quarterly cash dividend of $0.125 per share, payable on June 1, 2022, to shareholders of record at the close of business on May 11, 2022. 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 first quarter financial and operating results after market close on Wednesday, April 27, 2022, and will host a conference call with securities analysts on Thursday, April 28, 2022, beginning at 10:00 a.m. ET. Topics of the teleconference will include financial and operating results, and other matters, with respect to the first quarter of 2022. A brief Q&A session for securities analysts will [...]
PITTSBURGH, March 28, 2022 /PRNewswire/ -- EQT Corp. announced that it has achieved investment grade standard from two credit rating agencies: Standard & Poor's Global Ratings upgraded EQT's credit rating to BBB- with a stable outlook earlier today; and Fitch Ratings upgraded EQT's credit rating to BBB- with a stable outlook on March 10, 2022. With investment grade ratings from these two credit agencies, EQT expects an [...]
Encourages Industry, Regulators and the Public to Support Plan to Increase U.S. LNG Exports to Connect Affordable, Reliable, and Clean Natural Gas to the World's Coal Consuming Regions EQT Corp. today unveiled its plan to unleash U.S. LNG to address the energy needs of our allies and advance climate efforts by targeting the replacement of international coal. The release of the new plan comes as natural gas takes center [...]
Toby Z. Rice, EQT's President and Chief Executive Officer, to JoinWATT's Board of Directors WATT Fuel Cell announced today that it has closed a financing round led by EQT Corp. to continue the company's development and commercialization of its solid oxide fuel cell technology. Other participants in the round included Senvest Management LLC, Park West Asset Management LLC, and Emerald Development Managers LP. Financial terms were not disclosed. WATT Fuel Cell Closes Financing Round Led by EQT As part of the agreement Toby Z. Rice, EQT's president and chief executive officer, will join WATT's Board of Directors. "This round of investment enables WATT Fuel Cell to continue our advan... [...]