Welcome to our dedicated page for Eqt news (Ticker: EQT), a resource for investors and traders seeking the latest updates and insights on Eqt stock.
EQT Corporation (NYSE: EQT) is a vertically integrated American natural gas company with production and midstream operations focused in the Appalachian Basin. This news page aggregates EQT-related announcements drawn from company press releases and other coverage, giving readers a single place to review updates about its natural gas business, midstream platform and LNG strategy.
Recent EQT news includes quarterly earnings releases that detail sales volumes, average realized prices, operating costs, cash flow and non-GAAP financial measures such as adjusted EBITDA and free cash flow. These updates also discuss operational topics like integration of acquired upstream and midstream assets, changes in gathering and transmission expenses following the Equitrans Midstream merger, and guidance for production, capital expenditures and midstream revenue.
Visitors will also find announcements on EQT’s long-term LNG sale and purchase agreements, including 20-year contracts for liquefaction capacity with Commonwealth LNG and NextDecade’s Rio Grande LNG Train 5. These releases describe how EQT plans to purchase LNG on a free-on-board basis at prices indexed to Henry Hub and market and optimize cargos internationally as part of its strategy to connect U.S. natural gas supply to global demand.
Additional news items cover dividend declarations and increases approved by EQT’s Board of Directors, corporate governance changes such as bylaw amendments, credit facility maturity extensions, and debt management actions like the redemption of senior notes. For investors and observers of the natural gas and midstream sectors, this page offers a convenient way to follow EQT’s operational, financial and strategic developments over time.
EQT Corporation (NYSE: EQT) has scheduled a conference call on October 22, 2020, at 9:00 a.m. ET, to discuss its third quarter 2020 financial and operational results. The results will be released prior to market opening on the same day. A Q&A session for securities analysts will follow the discussion. Investors can access the call via the company's investor relations website, where a replay will be available for seven days.
EQT Corporation announced the results of its cash tender offer to purchase all outstanding 4.875% Senior Notes due 2021. The offer expired on August 11, 2020, with approximately $101.5 million of the notes tendered. Payment for accepted notes is expected by August 12, 2020, with additional payments for guaranteed delivery notes on August 14, 2020. The company will finance the purchase using cash on hand or borrowings from its revolving credit facility. BofA Securities acted as the Dealer Manager for the offer.
EQT Corporation has initiated a tender offer to purchase all outstanding 4.875% Senior Notes due 2021, totaling $245.39 million. The offer price is set at $1,032.50 per $1,000 principal amount, excluding accrued interest. The tender offer will expire on August 11, 2020. Holders of the notes can withdraw their bids until the expiration date. Funding will come from cash on hand and a potential draw on EQT's credit facility. BofA Securities is the dealer manager for this operation.
EQT Corporation reported its Q2 2020 financial results, showing total sales volumes of 346 Bcfe, exceeding guidance by 21 Bcfe. Revenue reached $527 million with an average realized price of $2.36 per Mcfe. Capital expenditures decreased by $163 million year-over-year, totaling $303 million. The company managed to reduce total debt by $417 million, retiring its 2021 term loan. Despite an operating net loss of $263 million, the management highlighted significant operational improvements and a successful $500 million convertible notes issuance to address debt maturities.
EQT Corporation (NYSE: EQT) will hold a conference call on July 27, 2020 at 10:30 a.m. ET to discuss its second quarter 2020 financial and operational results. The call will include a Q&A session for security analysts. Results will be released before the market opens on the same day. Interested participants can access the live audio webcast via EQT's investor relations website. EQT is a leading independent natural gas production company, focused on sustainable and efficient operations in the Appalachian Basin.