EQT Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals

Acquisition will enable accelerated investment in innovative technology for digital transformation acquisition will enable accelerated investment in innovative technology for digital transformation

Pittsburgh , april 23, 2024 /prnewswire/ -- eqt corporation (nyse: eqt) today announced financial and operational results for the first quarter of 2024. first quarter  2024 and recent highlights: net cash provided by operating activities of $1,156 million; generated $402 million of free cash flow(1) and exited the quarter with approximately $650 million of cash on the balance sheet total sales volume of 534 bcfe, towards the high-end of guidance adjusted for curtailments, reflecting continued operational efficiency gains and strong well performance lease operating expenses of $0.10 per mcfe, below the low-end of guidance despite curtailments, driven by water infrastructure investment benefits total debt and net debt(1) down from $5...

Pittsburgh , april 17, 2024 /prnewswire/ -- eqt corporation (nyse: eqt) today announced that its board of directors declared a quarterly cash dividend of $0.1575 per share, payable on june 1, 2024, to shareholders of record at the close of business on may 8, 2024. investor contact cameron horwitz managing director, investor relations & strategy412.395.2555 cameron.horwitz@eqt.com  about eqt corporation eqt corporation is a leading independent natural gas production company with operations focused in the appalachian basin.

Canonsburg, pa.--(business wire)--equitrans midstream corporation (nyse: etrn) will release its first quarter 2024 earnings information on april 30, 2024. on march 11, 2024, etrn announced that it has entered into a definitive agreement to be acquired by eqt corporation (nyse: eqt), subject to required regulatory approvals and clearances, approval of shareholders of each of eqt and etrn, and other closing conditions; therefore, etrn will no longer host its quarterly results conference calls wit.

Pittsburgh , april 15, 2024 /prnewswire/ -- eqt corporation (nyse: eqt) ("eqt") announced it has entered into an agreement with equinor usa onshore properties inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas assets in northeast pennsylvania, representing approximately 225 mmcf/d of forecasted 2025 net production.  consideration for the transaction is comprised of $500 million of cash and upstream and midstream assets as described below.

EQT: Cementing Position As Low-Cost Gas Producer (Raising Target Price)

Swedish private equity firm EQT AB will acquire U.S.-based digital consultancy firm Perficient in a deal valued at about $3 billion in an all-cash transaction that will take the company private, the companies said in a statement on Sunday.

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.

WSO2, a company that provides API and identity management services for enterprises, has been acquired by EQT for more than $600M.

The World Bank has warned that an escalation of tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. The Bank stated that even before the recent missile strikes between Iran and Israel, the fall in commodity prices had been leveling off, making interest rate decisions more challenging for central banks.

EQT's Q1 earnings and revenues beat estimates owing to an increase in sales volumes and lease operating expenses coming in lower than expected.

Although lower commodity prices are likely to have hurt EQT's earnings in Q1, higher production may have nullified the negative partially.

The latest transaction is part of EQT Corp's (EQT) broader strategy to optimize its asset portfolio and strengthen its financial position.

In the closing of the recent trading day, EQT Corporation (EQT) stood at $36.52, denoting a -1.96% change from the preceding trading day.

With natural gas price action remaining volatile, we recommend investors to hold onto companies with strong fundamentals, such as CTRA and LNG.