EQT CORP - EQT STOCK NEWS

EQT Corporation's President and CEO, Toby Z. Rice, addressed Senator Elizabeth Warren's concerns regarding natural gas price increases attributed to corporate greed. He stated that while prices have risen compared to the low rates of 2020, they remain below the 20-year average. Rice advocated for ramping up LNG exports as a crucial step in combating climate change, highlighting that increasing natural gas production could lead to significant emissions reductions globally. He emphasized the need for the U.S. to lead in natural gas production to replace coal power, especially in China.

EQT Corporation has launched GIVE Greene and GIVE Wetzel, two new giving programs aimed at supporting communities in Greene and Wetzel counties. Each program is seeded with a $25,000 initial donation, with community leaders overseeing fund distribution. In 2021, EQT contributed nearly $975,000 to Greene County and $500,000 to Wetzel County through various initiatives. Additionally, EQT will double match employee donations on Giving Tuesday, with last year's matching raising $110,000. The corporation is donating $32,000 to local school districts and organizations for holiday support.

EQT Corporation (NYSE: EQT) announced the pricing of an underwritten public offering of 10,973,685 shares of its common stock by certain shareholders, aiming for gross proceeds of approximately $231.5 million. These shares were received as part of EQT's acquisition of Alta Resources Development. EQT will not sell any shares or receive proceeds from this offering. The offering is set to close on November 23, 2021, pending customary conditions. Citigroup and RBC Capital Markets are the joint book-running managers for this offering.

EQT Corporation has initiated a public offering of 10,973,685 shares of common stock, with selling shareholders from its acquisition of Alta Resources Development, LLC's subsidiaries. The underwriters have a 30-day option to purchase an additional 1,646,051 shares. EQT will not sell any shares or receive proceeds from this transaction. Citigroup and RBC Capital Markets are managing the offering, which is subject to market conditions. The offering is detailed in a prospectus filed with the SEC.

EQT Corporation reported its third quarter 2021 results, achieving sales volumes of 495 Bcfe, a 129 Bcfe increase year-over-year. Operating costs remained stable at $1.25/Mcfe while capital expenditures reached $297 million. The company generated $48 million in net cash from operations and raised its full-year free cash flow guidance by approximately $200 million. However, it reported a net loss of $1.98 billion, significantly higher than last year's loss of $601 million, mainly due to derivative losses. EQT aims to optimize transportation costs and enhance its market position.

EQT Corporation (NYSE: EQT) will release its third quarter 2021 financial and operating results post-market on October 27, 2021. A conference call for analysts is scheduled for October 28, 2021, at 10:00 a.m. ET. The call will cover key results and other relevant business updates, followed by a Q&A session. Investors can access a live audio webcast through EQT's investor relations site. The company is a major natural gas producer focused on the Marcellus and Utica Shales, emphasizing sustainability and operational efficiency.

EQT Corporation announced the pricing of a public offering of 25,930,000 shares of its common stock at $20.00 per share by certain shareholders. These shareholders received the shares during EQT's acquisition of Alta Resources Development's subsidiaries. The underwriters have a 30-day option to buy an additional 3,889,500 shares. EQT will not sell shares or receive proceeds from the offering, expected to close on October 1, 2021. Barclays and J.P. Morgan are joint book-running managers for this offering.

EQT Corporation announced a public offering of 25,930,000 shares of its common stock by certain shareholders, following its acquisition of Alta Resources Development, LLC's subsidiaries. The sellers may offer an additional 3,889,500 shares through underwriters Barclays and J.P. Morgan. EQT will not receive any proceeds from this sale, and the offering's completion depends on market conditions. This follows the effective shelf registration statement filed with the SEC. No securities will be sold in jurisdictions where such action is unlawful.

EQT Corporation (NYSE: EQT) has appointed Frank C. Hu to its Board of Directors, effective October 19, 2021. Hu brings extensive financial expertise and a strong oil and gas background, having managed nearly $10 billion in equities at Capital Group. His leadership experience includes previous roles at Unocal Corporation and McKinsey & Company. EQT's Chair, Lydia I. Beebe, emphasized the valuable contributions Hu is expected to provide in advancing the company's mission.