EQT Corp. today announced financial and operational results for the fourth quarter and full year 2023 as well as financial and operational guidance for 2024. Fourth Quarter and Recent Highlights: Fourth quarter production of 564 Bcfe, toward the high-end of guidance driven by continued operational efficiency gains and strong well performance Capital expenditures of $539 million, near the low-end of guidance Cash operating [...]
EQT Corp. today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on March 1, 2024, to shareholders of record at the close of business on February 20, 2024. 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 [...]
EQT Corp. today announced that it has priced an underwritten public offering of $750 million in aggregate principal amount of its 5.750% senior notes due 2034 . EQT expects the Offering to close on January 19, 2024, subject to the satisfaction of customary closing conditions. EQT expects to use the net proceeds from the Offering to repay a portion of the borrowings under its term loan facility, which were incurred in [...]
EQT Corp. plans to issue its fourth quarter and year-end 2023 financial and operating results news release after market close on Tuesday, February 13, 2024, and will host a conference call to review the results on Wednesday, February 14, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion. To access the live audio webcast of the conference call, visit EQT's [...]
EQT Corp. today announced it has entered into a Heads of Agreement for liquefaction services from Texas LNG's facility in Brownsville, Texas to produce 0.5 million tons per annum of LNG under a 15-year tolling agreement. Final terms remain subject to negotiation of a definitive agreement between the parties. Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, anticipates a final investment decision on the project [...]
EQT Corp. today announced that it will redeem all of its outstanding 1.75% Convertible Senior Notes due 2026 on January 17, 2024 . The aggregate principal amount of the Notes is $290,177,000 as of December 29, 2023. Any Notes outstanding on the Redemption Date will be redeemed in cash for 100% of the principal amount , plus accrued and unpaid interest on such Notes to, but excluding, the Redemption Date . Unless EQT [...]
EQT Corp. , the largest producer of natural gas in the United States, today announced its participation in the Oil and Gas Decarbonization Charter unveiled at COP28. This landmark charter is dedicated to speeding up climate action and achieving high-scale impact across the oil and gas sectors. "EQT is proud to join this landmark charter. EQT has been at the forefront of emissions reduction for years. Our aggressive net [...]
EQT Corp. today announced financial and operational results for the third quarter of 2023. Third Quarter 2023 and Recent Highlights: Closed the strategic acquisitions of Tug Hill and XcL Midstream with integration ahead of schedule and progressing at record pace as compared to prior integrations Already achieved ~40% drilling and completion efficiency improvements versus legacy Tug Hill performance in only ~60 days of [...]
EQT Corp. today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on December 1, 2023, to shareholders of record at the close of business on November 8, 2023. This represents a five percent increase to EQT's regular quarterly cash dividend to $0.63 per share on an annualized basis. President and CEO Toby Z. Rice stated, "Since initiating our base dividend in late 2021 [...]
EQT Corp. plans to issue its third quarter financial and operating results after market close on Wednesday, October 25, 2023, and will host a conference call with securities analysts on Thursday, October 26, 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 third quarter of 2023. A brief Q&A session for securities analysts [...]
EQT Corp. today announced it has entered into a Heads of Agreement for liquefaction services from Commonwealth LNG's facility in Cameron, Louisiana to produce 1 million tons per annum of LNG under a 15-year tolling agreement. Final terms remain subject to negotiation of a definitive agreement between the parties. Commonwealth anticipates a final investment decision on the project in the first quarter of 2024, with first [...]
BPEA EQT sells its remaining 26.6 percent stake in Coforge, an India-headquartered Digital IT Solutions & Technology Consulting Services provider, through a USD 924m block trade Ideally positioned in one of BPEA EQT's core sectors, Tech Services, Coforge has under BPEA EQT's ownership doubled its revenue and EBITDA, crossing USD 1 billion of revenue in April 2023 BPEA EQT helped strengthen Coforge's organic growth through [...]