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EQT Corp (EQT.N)

EQT.N on New York Stock Exchange

12.36USD
16 Aug 2019
Change (% chg)

$0.59 (+5.01%)
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Latest Key Developments (Source: Significant Developments)

EQT Reports Q2 2019 Results
Thursday, 25 Jul 2019 

July 25 (Reuters) - EQT Corp ::EQT REPORTS SECOND QUARTER 2019 RESULTS.Q2 EARNINGS PER SHARE $0.49 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES DATA.COMPANY ALREADY EXECUTING ITS 100-DAY PLAN.SEES FY 2019 ADJUSTED EBITDA $2.025 BILLION - $2.125 BILLION.SEES Q3 TOTAL SALES VOLUME OF 365 BCFE - 385 BCFE.SEES FY TOTAL SALES VOLUME OF 1,480 BCFE - 1,520 BCFE.QTRLY ADJUSTED OPERATING REVENUE $1.31 BILLION VERSUS $950.6 MILLION.SEES FY 2019 CAPITAL EXPENDITURES $1.825 BILLION - $1.925 BILLION.SEES Q3 LIQUIDS SALES VOLUME, EXCLUDING ETHANE 2,075 MBBLS- 2,175 MBBLS.SEES FY LIQUIDS SALES VOLUME, EXCLUDING ETHANE 8,330 MBBLS- 8,530 MBBLS.QTRLY SALES VOLUMES OF 370 BCFE.SEES FY 2019 ADJUSTED FREE CASH FLOW $0.025 BILLION- $0.125 BILLION.EXITED QUARTER WITH $4,968 MILLION OF NET DEBT, $39 MILLION LOWER THAN Q1 2019.QTRLY ADJUSTED EPS FROM CONTINUING OPERATIONS $0.09.  Full Article

T. Rowe Price Supports Rice Group Nominees In EQT Contest
Monday, 1 Jul 2019 

July 1 (Reuters) - EQT Corp ::T. ROWE PRICE SUPPORTS RICE GROUP NOMINEES IN EQT CONTEST.T. ROWE PRICE GROUP INC - T. ROWE PRICE, WILL VOTE FOR RICE GROUP'S SEVEN NOMINEES IN UPCOMING PROXY CONTEST.T. ROWE PRICE GROUP INC - AS OF RECORD DATE OF SHAREHOLDER MEETING, T. ROWE PRICE WAS BENEFICIAL OWNER OF 25.5 MILLION SHARES OF EQT CORP. COMMON STOCK.T. ROWE PRICE GROUP INC - T. ROWE PRICE WILL SUPPORT FIVE MANAGEMENT-SPONSORED NOMINEES, WHO HAVE ALSO BEEN ENDORSED BY RICE GROUP..T. ROWE PRICE GROUP INC - "THIS MAGNITUDE OF CHANGE FOR EQT BOARD IS APPROPRIATE AND NECESSARY".  Full Article

ISS Recommends EQT Shareholders Back Rice Brother Nominees In Proxy Fight - WSJ
Friday, 28 Jun 2019 

June 28 (Reuters) - :ISS RECOMMENDS EQT SHAREHOLDERS BACK RICE BROTHER NOMINEES IN PROXY FIGHT - WSJ.  Full Article

EQT Says Expects To Deliver Q2 2019 Sales Volumes At High-End Of Guidance
Friday, 21 Jun 2019 

June 21 (Reuters) - EQT Corp ::EQT LETTER TO SHAREHOLDERS HIGHLIGHTS THE COMPANY’S STRONG RESULTS AND MOMENTUM AND DETAILS WHY TOBY RICE IS NOT QUALIFIED TO LEAD EQT OR SERVE ON THE BOARD.EQT LETTER TO SHAREHOLDERS.EQT CORP - EQT EXPECTS TO DELIVER Q2 2019 SALES VOLUMES AT HIGH-END OF GUIDANCE.EQT CORP - EQT EXPECTS TO DELIVER Q2 2019 CAPITAL EXPENDITURES IN LINE WITH EXPECTATIONS.  Full Article

EQT On Track To Deliver $300 To $400 Million Of Adjusted Free Cash Flow In 2019
Wednesday, 19 Jun 2019 

June 19 (Reuters) - EQT Corp ::EQT CORP - ON TRACK TO DELIVER $300 TO $400 MILLION OF ADJUSTED FREE CASH FLOW IN 2019.EQT CORP - ON TRACK TO DELIVER OVER $3.0 BILLION OF ADJUSTED FREE CASH FLOW THROUGH 2023 WITH MEANINGFUL UPSIDE.  Full Article

EQT Says Q2 Sales Volumes Expected To Be At High End Of Guidance Range
Monday, 17 Jun 2019 

June 17 (Reuters) - EQT Corp ::EQT PROVIDES PRELIMINARY SECOND QUARTER 2019 FINANCIAL AND OPERATIONAL RESULTS AND ANNOUNCES ADDITIONAL SAVINGS UNDER TARGET 10% INITIATIVE.EQT CORP - Q2 SALES VOLUMES EXPECTED TO BE AT HIGH END OF GUIDANCE RANGE.EQT CORP - OPERATIONAL EFFICIENCIES EXPECTED TO DRIVE INCREMENTAL $25 MILLION REDUCTION IN ANNUAL CAPITAL EXPENDITURES.EQT CORP - CAPITAL EXPENDITURE REDUCTIONS RAISE EXPECTED 2019 TO 2023 CUMULATIVE ADJUSTED FREE CASH FLOW (A NON-GAAP MEASURE)((1) )TO $3.0 BILLION.EQT CORP - EXPECTS Q2 2019 CAPITAL EXPENDITURES IN LINE WITH EXPECTATIONS.EQT CORP SEES Q2 CONTINUED IMPROVEMENTS IN DRILLING DAYS / 1,000 FEET, WHICH DECREASED 8% COMPARED TO Q1 2019.EQT CORP - EXPECTS Q2 ADJUSTED FREE CASH FLOW IMPROVEMENT OF $25 MILLION OVER PREVIOUS GUIDANCE, EXCLUDING IMPACT OF LITIGATION RESERVES, PROXY-RELATED COSTS.  Full Article

EQT Corp Urges Shareholders To Vote "For" All 12 Of EQT's Director Nominees
Thursday, 30 May 2019 

May 30 (Reuters) - EQT Corp ::EQT LAUNCHES VOTEGOLDFOREQT.COM.EQT CORP - URGES SHAREHOLDERS TO VOTE "FOR" ALL 12 OF EQT'S DIRECTOR NOMINEES ON GOLD UNIVERSAL PROXY CARD TODAY.EQT CORP - PROVIDES ADDITIONAL INFORMATION TO SHAREHOLDERS OUTLINING BROAD EXPERIENCE OF ALL 12 DIRECTOR NOMINEES.EQT CORP - ON TRACK TO ACHIEVE $300 TO $400 MILLION OF ADJUSTED FREE CASH FLOW IN 2019.EQT CORP - ON TRACK T ACHIEVE AT LEAST $2.9 BILLION OF ADJUSTED FREE CASH FLOW(1) THROUGH 2023.EQT CORP - BOARD DOES NOT ENDORSE DIRECTOR SLATE PUT FORTH BY TOBY Z. RICE AND DEREK A. RICE.  Full Article

EQT Says Three Long-Serving Directors To Step Down From Board
Wednesday, 8 May 2019 

May 8 (Reuters) - EQT Corp ::EQT NOMINATES JANET L. CARRIG, JAMES T. MCMANUS II, AND VALERIE A. MITCHELL TO BOARD OF DIRECTORS.THREE LONG-SERVING DIRECTORS TO STEP DOWN FROM BOARD.SENDS LETTER TO TOBY RICE IN RESPONSE TO RICE DIRECTOR NOMINATIONS.IF COMPANY'S NOMINEES ARE ELECTED, MAJORITY OF EQT'S REFRESHED AND RECONSTITUTED BOARD WILL BE NEW, INDEPENDENT DIRECTORS.EQT DIRECTORS JAMES E. ROHR, A. BRAY CARY, JR. & LEE T. TODD, JR., WILL NOT SEEK REELECTION, WILL STEP DOWN FROM BOARD AT 2019 ANNUAL MEETING.EQT, IN LETTER TO TOBY RICE, SAYS BOARD CONCLUDED ELECTION OF TOBY RICE'S SLATE OF NOMINEES WOULD NOT BE IN BEST INTERESTS OF EQT.ON TRACK TO GENERATE APPROXIMATELY $300 TO $400 MILLION OF ADJUSTED FREE CASH FLOW IN 2019.ON TRACK TO GENERATE APPROXIMATELY $2.9 BILLION OF ADJUSTED FREE CASH FLOW OVER NEXT FIVE YEARS.  Full Article

Eqt Issues Statement In Response To Lawsuit
Thursday, 25 Apr 2019 

EQT Corp ::EQT ISSUES STATEMENT IN RESPONSE TO LAWSUIT.EQT CORP - BOARD IN PROCESS OF REVIEWING RICE TEAM NOMINEES AND WILL MAKE A RECOMMENDATION TO SHAREHOLDERS IN CONNECTION WITH FILING OF CO'S PROXY STATEMENT.EQT CORP - ON TRACK TO ACHIEVE FREE CASH FLOW TARGETS SET OUT IN JANUARY.EQT CORP - WILL MAKE DECISIONS AT "APPROPRIATE TIME"..  Full Article

EQT Corp Says Q1 2019 Is In-Line With Expectations
Monday, 25 Mar 2019 

March 25 (Reuters) - EQT Corp ::EQT CORP - IMPLEMENTED COST SAVING ACTIONS THAT REDUCED ANNUAL CASH COSTS BY APPROXIMATELY $150 MILLION.EQT CORP - Q1 2019 IN-LINE WITH EXPECTATIONS.EQT CORP - CHIEF OPERATING OFFICER GARY GOULD WILL ASSUME HIS ROLE IN APRIL..EQT CORP - REITERATES COMMITMENT TO GENERATE SUSTAINABLE FREE CASH FLOW.EQT CORP - ANTICIPATES GENERATING ADJUSTED FREE CASH FLOW OF APPROXIMATELY $300 TO $400 MILLION IN 2019.EQT CORP - ANTICIPATES GENERATING ADJUSTED FREE CASH FLOW OF $2.9 BILLION OVER NEXT FIVE YEARS.  Full Article

UPDATE 1-EQM stops some work on WV-VA Mountain Valley natgas pipe

Aug 16 EQM Midstream Partners LP has told U.S. federal regulators the company would stop some work on its long-delayed Mountain Valley natural gas pipeline from West Virginia to Virginia as the U.S. Fish and Wildlife Service reviews a couple of permits.