September 14, 2017 / 3:59 AM / a year ago

BRIEF-EQT accelerates plan to address sum-of-parts discount

Sept 13 (Reuters) - EQT Corp:

* EQT accelerates plan to address sum-of-parts discount

* Board to establish committee immediately upon close of rice transaction

* EQT Corp - immediately upon closing of rice deal, will establish a committee of board to evaluate options for addressing eqt’s sum-of-parts discount

* Based on committee’s recommendation, EQT’s board will announce a decision by end of Q1 2018

* EQT - production volume will no longer be a performance metric for eqt’s long-term compensation programs and will be replaced by efficiency metrics

* EQT- compensation committee to exclude acquired production volume from long-term compensation calculations related to producing rice wells as of deal close Source text for Eikon: Further company coverage:

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