EQT Corp. today announced the early results of its previously announced tender offer to purchase for cash up to $250.0 million aggregate principal amount of its outstanding 3.000% Senior Notes due 2022 . The terms and conditions of the Tender Offer are described in the Offer to Purchase dated December 29, 2021 and remain unchanged. The aggregate principal amount of Notes that were validly tendered and not validly [...]
EQT Corp. today announced it has commenced a tender offer to purchase for cash up to $250.0 million aggregate principal amount of its outstanding 3.000% Senior Notes due 2022 . The following table sets forth some of the terms of the Tender Offer: Title of Notes CUSIP Number Principal Amount Outstanding Tender Offer Consideration Early Tender Premium Total Consideration 3.000% Senior Notes due 2022 26884LAE9 $568,823,000 [...]
EQT Corp. today announced that its Board of Directors approved a $1.0 billion share repurchase program and has determined to reinstate its regular dividend starting in the first quarter 2022. The Company also announced an updated long-term leverage target. Key Highlights: Annual Cash Dividend of $0.50 per share $1.0 Billion Share Repurchase Program Long-Term Leverage Target of 1.0x - 1.5x President and CEO Toby Rice [...]
In Response to Letter from Sen. Warren, Top U.S. Producer Outlines Emissions Reduction Potential of an Accelerated Replacement of Foreign Coal Usage with Natural Gas for Baseload Power EQT Corp. President and CEO, Toby Z. Rice, today responded to the November 23, 2021 letter the Company received from Senator Elizabeth Warren. "We strongly agree with the goal of keeping energy affordable and reliable for citizens of the [...]
GIVE Greene and GIVE Wetzel Part of EQT's Giving Tuesday Initiatives In honor of Giving Tuesday, EQT Corp. , in partnership with the Community Foundation of Greene County and the Community Foundation for the Ohio Valley, today announced the launch of two new giving programs to support the communities of Greene and Wetzel counties. EQT Foundation will launch GIVE Greene and GIVE Wetzel with an initial $25,000 donation to [...]
PITTSBURGH, Nov. 18, 2021 /PRNewswire/ -- EQT Corp. today announced the pricing of an underwritten public offering of 10,973,685 shares of its common stock by certain shareholders for gross proceeds of approximately $231.5 million . Such selling shareholders, who had received the shares as a part of the Company's acquisition of Alta Resources Development, LLC's upstream and midstream subsidiaries, have granted the [...]
EQT Corp. today announced the commencement of an underwritten public offering of 10,973,685 shares of its common stock by certain shareholders who received the shares as a part of the Company's acquisition of Alta Resources Development, LLC's upstream and midstream subsidiaries . Such selling shareholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,646,051 shares of the Company's [...]
EQT Corp. , the largest natural gas producer in the United States, was honored by the Women's Forum of New York at its Breakfast of Corporate Champions for achieving 50 percent female representation on its board of directors. "We are honored to be among an amazing group of organizations who are leading the way on gender equity and changing the face of America's boardrooms," said Lydia I. Beebe, Chair of the EQT Board, who [...]
As part of its continuing efforts to work with and give back to the communities in which we live and operate, today EQT Corp. announced $220,000 in donations to local first responders. The donations were made through EQT's First Responder Giving Program. A total of 22 volunteer fire departments, which serve as primary first responders in the communities where EQT currently operates, received a $10,000 donation: Adah Fire [...]
EQT Corp. today announced financial and operational results for the third quarter 2021. Third Quarter and Other Highlights: Sales volumes of 495 Bcfe, at high end of guidance Total per unit operating costs of $1.25/Mcfe, in-line with guidance Capital expenditures of $297 MM, in-line with guidance Net cash provided by operating activities of $48 MM; free cash flow of $99 MM Increased full year 2021 free cash flow guidance [...]
PITTSBURGH, Oct. 12, 2021 /PRNewswire/ -- EQT Corp. plans to issue its third quarter 2021 financial and operating results after market close on Wednesday, October 27, 2021, and will host a conference call with securities analysts on Thursday, October 28, 2021, 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 2021. A [...]
EQT Corp. today announced the pricing of an underwritten public offering of 25,930,000 shares of its common stock by certain shareholders at a price to the public of $20.00 per share . Such selling shareholders, who had received the shares as a part of the Company's acquisition of Alta Resources Development, LLC's upstream and midstream subsidiaries, have granted the underwriters a 30-day option to purchase up to an [...]