Bernstein Litowitz Berger & Grossmann LLP today announced that it has filed a securities class action lawsuit on behalf of Cambridge Retirement System against EQT Corp. and certain of the Company's senior executives in the federal district court for the Western District of Pennsylvania. The action, which is captioned Cambridge Retirement System v. EQT Corp., et al., asserts claims under Sections 10 and 20 of the [...]
The Rice Team , shareholders of EQT Corp. , today responded to EQT’s misleading statements and attempts to deflect attention from its own history of underperformance in advance of EQT’s upcoming Annual Meeting of Shareholders on July 10. EQT’s statements come during a period when EQT’s stock has traded at a ten-year low. The Rice Team recently provided shareholders with a comprehensive, 188-page [...]
EQT Corp. today mailed a letter to shareholders highlighting the continued strength of EQT’s operating results and detailing why Toby Rice is not qualified or fit to lead EQT or serve on its Board of Directors . The letter, available at VoteGoldForEQT.com, urges shareholders to support the Company’s nominees, who are dedicated to creating long-term value, instead of the family-and-friends group beholden to [...]
EQT Corp. today filed a new investor presentation with the U.S. Securities and Exchange Commission in connection with its 2019 Annual Meeting of Shareholders to be held on July 10, 2019. Highlights of the presentation include EQT’s: Transformation. Under the Company’s refreshed Board of Directors and management team, the new EQT is a more efficient, premier pure-play upstream company. EQT generated more than [...]
EQT Corp. today issued the following statement in response to a presentation issued by the Toby Rice Group: Nothing in Toby Rice’s latest presentation changes the fact that since EQT’s new management team was appointed late last year, the Company has: significantly improved EQT’s operational efficiency, such that today EQT is a low-cost leader among Appalachian peers; embraced innovative new [...]
The Rice Team , shareholders of EQT Corp. , today announced that it has delivered a presentation to EQT investors in connection with EQT’s upcoming Annual Meeting of Shareholders on July 10. In addition, John F. McCartney, commenting on behalf of the Rice Team nominees in response to EQT’s announcement of its preliminary second quarter results, stated, “EQT’s most recent press release demonstrates [...]
EQT Corp. today provided preliminary financial and operational results for the second quarter 2019 and announced additional savings under its Target 10% Initiative. In the second quarter, EQT continued to drive operational efficiencies, building on the Company’s progress in the prior two quarters. Through May 31, 2019, EQT achieved the following operational results: Continued improvements in drilling days / 1,000 [...]
EQT Corp. today mailed a letter to shareholders highlighting the complementary skills and experience of the Company’s 12 highly qualified director nominees. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190612005280/en/ Chart 1. The EQT Board of Directors has taken a thoughtful and deliberate approach to assembling a purpose-built Board of Directors [...]
EQT Corp. today issued the following statement correcting some of the false and misleading information published yesterday by the Toby Rice Group in a letter to EQT shareholders: The letter issued by the Toby Rice Group yesterday contains a number of highly misleading or false statements about EQT’s financial and operational performance. Based on these continued misleading and reckless statements, we urge EQT [...]
The Rice Team , shareholders of EQT Corp. , today sent a letter to EQT shareholders seeking to correct a number of false claims that EQT has made in its efforts to mislead shareholders. The letter also addresses a number of personal attacks that EQT has made against the Rice Team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190610005294/en/ The letter states [...]
EQT Corp. today announced that it has mailed a letter to shareholders reviewing the strong operational and financial performance delivered by the Company’s new Board of Directors and management team. EQT’s letter stands in stark contrast with the recent nominee Q&A published by the Toby Rice Group, which was devoid of facts and relied on misleading, dated tropes about EQT. This press release features [...]
The Rice Team , shareholders of EQT Corp. , today sent an additional letter to fellow EQT shareholders emphasizing the necessity for new vision and leadership in order to realize the full potential of the merger with Rice Energy Inc.. Also in the letter, the Rice Team’s exceptional independent director candidates for the EQT Board introduce themselves to shareholders and offer their perspectives on the strengths of [...]