EQT Corp. today announced, in accordance with New York Stock Exchange Rules, that it has granted to Gary E. Gould, its Executive Vice President and Chief Operating Officer, on April 22, 2019, employment inducement awards consisting of the following: 190,810 shares of time-based restricted stock, which will vest ratably over three years, subject to Mr. Gould’s continued service; 30,580 shares of time-based restricted [...]
EQT Corp. , today, declared a quarterly cash dividend of $0.03 per share, payable June 1, 2019, to shareholders of record at the close of business on May 15, 2019. About EQT Corporation: EQT Corp. is a natural gas production company with emphasis in the Appalachian Basin and operations throughout Pennsylvania, West Virginia and Ohio. With 130 years of experience and a long-standing history of good corporate citizenship [...]
EQT Corp. will host its first quarter 2019 earnings conference call with security analysts on April 25, 2019, beginning at 10:30 a.m. ET. Topics of the teleconference will include financial and operational results with respect to the first quarter 2019. A Q&A session for security analysts will immediately follow the results discussion. EQT plans to issue its financial and operating results prior to the market opening on [...]
EQT Corp. today announced that it has released an investor presentation outlining its ongoing strategic plan to drive cost reductions across the business and generate sustainable free cash flow growth. Highlights of the presentation, which is available at ir.eqt.com, include: EQT has substantially reconstituted its Board of Directors and management team Refreshed Board: EQT appointed four new independent directors in [...]
EQT Corp. , today confirmed that Toby Z. Rice submitted to the Company a notice of nomination of nine director candidates to stand for election to the EQT Board of Directors at the Company’s 2019 Annual Meeting of Shareholders. Shareholders are not required to take any action at this time. The Company issued the following statement: The EQT Board of Directors and management team strive to maintain an open dialogue [...]
Toby Z. Rice and Derek A. Rice, shareholders of EQT Corp. , today announced they have nominated a slate of nine highly qualified candidates for election to the EQT Board of Directors at EQT’s Annual Meeting on July 10, 2019. The Rice team has a proven, detailed business plan for improving EQT’s operations and delivering value for all EQT shareholders and employees. A presentation outlining the Rice plan can be [...]
EQT Corp. today announced the appointment of Gary E. Gould as executive vice president and chief operating officer, effective upon the commencement of his employment with EQT in April 2019. Mr. Gould has more than three decades of relevant industry experience, including direct experience in the Marcellus basin. He most recently served as senior vice president, production and resource development at [...]
EQT Corp. today announced that its Board of Directors has determined to hold the Company’s 2019 Annual Shareholders Meeting on Wednesday, July 10, 2019, which is within 30 days of the anniversary of the Company’s 2018 Annual Meeting on June 21, 2018. EQT’s bylaws, which are customary and in line with common corporate practices, enable shareholders to nominate or submit proposals between 90 and 120 days [...]
EQT Corp. today announced financial and operational performance results for the fourth quarter and full-year 2018. Achieved fourth quarter net cash provided by operating activities of $531 million and adjusted free cash flow of $134 million Increased full-year net cash provided by operating activities by 82% and adjusted operating cash flow by 102% Fourth quarter sales volume of 394 Bcfe exceeded guidance; capex in-line [...]
EQT Corp. today reported year-end 2018 proved reserves of 21.8 Tcfe. Adjusting for the impact of asset divestitures in 2018, the Company’s proved reserves increased 11%, or 2.1 Tcfe, which was 142% more than the 1,495 Bcfe production during the year. This increase was primarily driven by further development within the Marcellus and Utica formations. Proved developed reserves increased to 11.6 Tcfe, mainly as a [...]
Toby Z. Rice and Derek A. Rice, shareholders of EQT Corp. , today sent a letter to the Board of Directors of EQT requesting that it commit to holding the 2019 Annual Meeting of Shareholders of EQT Corporation in April as it did every year before 2018. The letter follows: February 13, 2019 Board of Directors EQT Corp. EQT Plaza 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Dear Members of the Board: The Rice Team is [...]
EQT Corp. today announced that it has reached a tentative settlement agreement with West Virginia landowners who are part of a statewide class action lawsuit. EQT believes that the proposed settlement agreement, which will resolve lease royalty claims in a case that has been pending since 2013, demonstrates the Company’s commitment to fostering good relationships with landowners. To resolve the royalty claims for [...]
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