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EQT Corp (EQT.N)

EQT.N on New York Stock Exchange

53.68USD
22 Jun 2018
Change (% chg)

$-2.27 (-4.06%)
Prev Close
$55.95
Open
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$53.43
Volume
1,654,605
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785,306
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$67.83
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$43.70

Latest Key Developments (Source: Significant Developments)

EQT Midstream Partners Announces Pricing Of Senior Notes
Wednesday, 20 Jun 2018 

June 20 (Reuters) - EQT Midstream Partners LP ::EQT MIDSTREAM PARTNERS ANNOUNCES PRICING OF SENIOR NOTES.EQT MIDSTREAM PARTNERS LP - PRICED OFFERING OF $1.1 BILLION OF ITS 4.75% SENIOR NOTES DUE 2023.EQT MIDSTREAM PARTNERS LP - ALSO PRICED OFFERING OF $550 MILLION OF 6.5% SENIOR NOTES DUE 2048.EQT MIDSTREAM PARTNERS LP - ALSO PRICED $850 MILLION OF 5.5% SENIOR NOTES DUE 2028.EQT MIDSTREAM PARTNERS - PRICED NOTES DUE 2023, SENIOR NOTES DUE 2028, SENIOR NOTES DUE 2048 TO PUBLIC AT 99.761%, 99.538%, 99.055% OF FACE VALUE.  Full Article

EQT Midstream Partners Announces Offering Of Senior Notes
Wednesday, 20 Jun 2018 

June 20 (Reuters) - EQT Midstream Partners LP ::EQT MIDSTREAM PARTNERS ANNOUNCES OFFERING OF SENIOR NOTES.INTENT TO OFFER THREE NEW SERIES OF SENIOR UNSECURED NOTES.TO USE PROCEEDS FROM OFFERING OF NOTES TO REPAY AMOUNTS OUTSTANDING UNDER ITS 364-DAY TERM LOAN FACILITY, AMONG OTHERS.IF RICE MIDSTREAM DEAL COMPLETED, PARTNERSHIP TO USE PART OF PROCEEDS TO REPAY AMOUNTS OUTSTANDING UNDER RMP'S CREDIT FACILITY.  Full Article

EQT Corp Says Upon Termination Of Deal Under Certain Circumstances RMP To Reimburse EQM's Expenses Up To $5 Mln
Thursday, 26 Apr 2018 

April 26 (Reuters) - EQT Corp ::EQT CORP - UPON TERMINATION OF DEAL UNDER CERTAIN CIRCUMSTANCES RMP TO REIMBURSE EQM'S EXPENSES UP TO $5 MILLION.EQT CORP - UPON TERMINATION OF DEAL UNDER CERTAIN CIRCUMSTANCES RMP TO PAY EQM TERMINATION FEE OF $63.4 MILLION LESS ANY PREVIOUS REIMBURSEMENTS BY RMP.EQT CORP - UPON TERMINATION OF DEAL UNDER CERTAIN CIRCUMSTANCES EQM MAY BE REQUIRED TO REIMBURSE RMP'S EXPENSES UP TO $5 MILLION.EQT CORP - EQM MAY BE REQUIRED TO REIMBURSE RMP'S EXPENSES UP TO $5 MILLION.  Full Article

Gulfport Energy Corp To Sell Its 25 Pct Interest In Strike Force Midstream For $175 Mln
Thursday, 26 Apr 2018 

April 26 (Reuters) - Gulfport Energy Corp ::PRESS RELEASE - GULFPORT ENERGY CORPORATION TO SELL ITS 25% INTEREST IN STRIKE FORCE MIDSTREAM LLC FOR $175 MILLION.GULFPORT ENERGY - UPON COMPLETION OF DEAL, CO ANTICIPATES CAPITAL OBLIGATIONS ASSOCIATED WITH STRIKE FORCE MIDSTREAM DURING 2018 TO BE ELIMINATED.GULFPORT ENERGY - UPON COMPLETION OF DEAL, CO FORECASTS NON-D&C CAPEX FOR FY2018 TO BE REDUCED BY ABOUT $20 MILLION FROM PREVIOUS GUIDANCE.GULFPORT ENERGY - NO IMPACT TO GULFPORT'S MIDSTREAM GATHERING & PROCESSING EXPENSE EXPECTED DUE TO TRANSACTION WITH EQT MIDSTREAM PARTNERS.  Full Article

EQT Midstream Partners, EQT GP Holdings, And Rice Midstream Partners Announce Streamlining Transaction
Thursday, 26 Apr 2018 

April 26 (Reuters) - EQT GP Holdings LP ::EQT MIDSTREAM PARTNERS, EQT GP HOLDINGS, AND RICE MIDSTREAM PARTNERS ANNOUNCE STREAMLINING TRANSACTION.RICE MIDSTREAM PARTNERS LP - EQT WILL RECEIVE $1.15 BILLION IN CASH AND 5.9 MILLION EQM COMMON UNITS AND GULFPORT ENERGY WILL RECEIVE $175 MILLION IN CASH.RICE MIDSTREAM PARTNERS LP - STREAMLINING TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO BOTH EQM AND EQGP'S DISTRIBUTABLE CASH FLOW PER UNIT.RICE MIDSTREAM - EQM ENTERED DEFINITIVE AGREEMENT WITH EQT TO ACQUIRE ITS OLYMPUS GATHERING SYSTEM, ITS 75% INTEREST IN STRIKE FORCE GATHERING SYSTEM.RICE MIDSTREAM PARTNERS LP - EQM AND RMP HAVE ENTERED INTO DEFINITIVE MERGER AGREEMENT UNDER WHICH EQM WILL ACQUIRE RMP IN A UNIT-FOR-UNIT TRANSACTION.RICE MIDSTREAM PARTNERS LP - EACH HOLDER OF COMMON UNIT OF RMP WILL RECEIVE 0.3319 UNITS OF EQM, REPRESENTING EQUITY VALUE OF $2.1 BILLION.RICE MIDSTREAM PARTNERS LP - EQM WILL ALSO ASSUME RMP DEBT, WHICH TOTALED $325 MILLION AS OF MARCH 31, 2018.RICE MIDSTREAM PARTNERS LP - EQGP HAS ENTERED INTO DEFINITIVE AGREEMENT WITH EQT TO ACQUIRE ITS OWNERSHIP OF RMP IDRS FOR 36.3 MILLION EQGP COMMON UNITS.RICE MIDSTREAM PARTNERS LP - EQM HAS ENTERED INTO A $2.5 BILLION 364-DAY SYNDICATED TERM LOAN FACILITY.RICE MIDSTREAM PARTNERS - EQM EXPECTS TO BORROW UNDER $2.5 BILLION TERM LOAN FACILITY TO FINANCE CASH CONSIDERATION OF OHIO GATHERING ASSETS ACQUISITION.  Full Article

EQT Corp Sets Quarterly Cash Dividend Of $0.03/Share
Wednesday, 18 Apr 2018 

April 18 (Reuters) - EQT Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.03 PER SHARE.  Full Article

EQT Midstream Partners, Rice Midstream Partners Announce 2018 Distribution Outlook
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - EQT GP Holdings LP ::EQT MIDSTREAM PARTNERS- RICE MIDSTREAM PARTNERS INVESTMENTS IN ORGANIC PROJECTS EXPECTED TO TOTAL ABOUT $260 MILLION IN 2018.EQT MIDSTREAM-EXPECT CO'S INVESTMENTS IN ORGANIC PROJECTS, INCLUDING CAPITAL CONTRIBUTIONS TO MOUNTAIN VALLEY PIPELINE TO BE $1.4 TO $1.6 BILLION IN 2018.  Full Article

EQT Announces 2018 Operational Forecast
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Eqt Corp ::EQT ANNOUNCES 2018 OPERATIONAL FORECAST.FORECASTS 2018 PRODUCTION SALES VOLUME OF 1,520 - 1,560 BCFE.ANNOUNCED COMPANY'S 2018 CAPITAL EXPENDITURE FORECAST OF $2.4 BILLION.2018 DRILLING PROGRAM ANTICIPATES 15% INCREASE IN PRODUCTION SALES VOLUME IN 2019.ANTICIPATED THAT 2019 DEVELOPMENT PLAN WILL BE FUNDED ENTIRELY BY CASH FLOW PROVIDED BY EQT PRODUCTION.ADJUSTED OPERATING. CASH FLOW ATTRIBUTABLE TO CO PROJECTED TO BE $2,350 MILLION - $2,450 MILLION FOR 2018.EQT - CO'S 2018 CAPEX FORECAST EXCLUDES CAPEX FOR ITS RETAINED MIDSTREAM ASSETS AS WELL AS FOR EQT MIDSTREAM PARTNERS AND RICE MIDSTREAM PARTNERS LP.DUE TO REPLACEMENT OF $1.3 BILLION OF RICE SENIOR NOTES, CO EXPECTS TO REALIZE ANNUAL INTEREST SAVINGS OF ABOUT $45 MILLION.ALREADY BEGUN TO REALIZE SYNERGIES RELATED TO COMPLETION OF RICE ENERGY DEAL.2018 DRILLING PROGRAM EXPECTED TO BE FUNDED THROUGH ADJUSTED OPERATING. CASH FLOW ATTRIBUTABLE TO CO.  Full Article

EQT announces appointment of two new directors
Monday, 13 Nov 2017 

Nov 13 (Reuters) - EQT Corp :EQT announces appointment of two new directors.EQT Corp - Appointed Thomas Karam, founder & chairman of Karbon Partners and Norman Szydlowski, former president & CEO of Semgroup, to its board​.EQT Corp says has expanded board size to 15 directors​.  Full Article

EQT shareholders approve Rice Energy acquisition
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - EQT Corp :EQT shareholders approve Rice Energy acquisition.EQT Corp - ‍Expects to file final vote results later on Nov 9 and expects transaction to close on Monday, November 13, 2017​.EQT Corp - ‍Of total shares cast, approximately 84% percent voted in favor of proposal to issue stock for execution of transaction​.  Full Article

Leach natgas pipe, after West Virginia blast, to resume operations early July

June 19 TransCanada Corp's Columbia Gas Transmission (TCO) unit has estimated that the section of the Leach Xpress natural gas pipeline, damaged in a blast on June 7 in Marshall County, West Virginia, will resume operations early in July.