EQT Corp. today announced the planned transition of David Khani, Executive Vice President and Chief Financial Officer, effective in July 2023. EQT will be conducting a search to identify a successor and Mr. Khani will work closely with the Board to ensure a smooth transition of leadership. "This transition marks the end of an amazing chapter in Dave's career. He has been an integral part of our team since 2020, and we are [...]
EQT Corp. today declared a quarterly cash dividend of $0.15 per share, payable on March 1, 2023, to shareholders of record at the close of business on February 21, 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 fourth quarter and year-end 2022 financial and operating results after market close on Wednesday, February 15, 2023, and will host a conference call with securities analysts on Thursday, February 16, 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 fourth quarter and year-end 2022. Additionally [...]
Company-Wide Initiative Reduces EQT's Methane Emissions By 70% EQT Corp. , the largest producer of natural gas in the United States, today announced the completion of a $28 million company-wide initiative to eliminate 100% of its natural gas-powered pneumatic devices from its production operations. As a result of the initiative, EQT has reduced its methane emissions by 70%1 and reduced its annual carbon footprint by [...]
EQT Corp. today announced financial and operational results for the third quarter 2022. Third Quarter 2022 and Recent Highlights: Sales volumes of 488 Bcfe Total per unit operating costs of $1.42 per Mcfe Capital expenditures, excluding noncontrolling interests, of $349 MM or $0.72 per Mcfe Net cash provided by operating activities of $1,150 MM, adjusted operating cash flow of $940 MM and free cash flow of $591 MM [...]
EQT Corp. today declared a quarterly cash dividend of $0.15 per share, payable on December 1, 2022, to shareholders of record at the close of business on November 9, 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 third quarter financial and operating results after market close on Wednesday, October 26, 2022, and will host a conference call with securities analysts on Thursday, October 27, 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 third quarter of 2022. A brief Q&A session for securities analysts [...]
EQT CEO, Toby Z. Rice Recognized as Top Leader EQT Corp. today announced it has been awarded a 2022 Top Workplace honor placing second among large Pittsburgh-based employers in the Post-Gazette's annual Top Workplaces survey program. In addition, EQT President and CEO, Toby Z. Rice was honored as Top Leader in the large employer category. "The 2022 Top Workplace Award for EQT symbolizes the cultural transformation that we [...]
EQT Corp. today announced that it has priced an underwritten public offering of $1.0 billion in aggregate principal amount of senior notes consisting of $500 million in aggregate principal amount of its 5.678% senior notes due 2025 and $500 million in aggregate principal amount of its 5.700% senior notes due 2028 . EQT expects the Offering to close on October 4, 2022, subject to the satisfaction of customary closing [...]
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 [...]