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EQT

Country

US

Industry

Energy


EQT Corp. is a natural gas production company, which engages in the supply, transmission, and distribution of natural gas. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 881 full-time employees. The firm has 27.6 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and oil reserves across over 2.1 million gross acres. The company has operations in Pennsylvania, West Virginia and Ohio. The company is focused on the execution of combo-development projects, which refers to the development of several multi-well pads in tandem. The company owns or leases over 610,000 net acres in Pennsylvania. The company also owns or leases approximately 405,000 net acres in West Virginia. The company is developing the Marcellus Shale and Upper Devonian Shale in this area. The company owns or leases approximately 65,000 net acres in eastern Ohio and is actively developing the Utica Shale in Belmont County. The company contracts with MarkWest Energy Partners, L.P., Williams Ohio Valley Midstream LLC and Blue Racer Midstream to process its natural gas and extract heavier hydrocarbon streams from its produced natural gas.

⚡️ Early Results and Upsizing of EQM Midstream Partners, LP's Tender Offer and Consent Solicitation for Certain of its Senior Notes

Neutral News Dec 10

its indirect wholly owned subsidiary, EQM Midstream Partners, LP ("EQM"), has amended the previously announced tender offer (the "Tender Offer") to increase the maximum aggregate purchase price, excluding accrued and unpaid interest, for Notes that may be purchased from $1.275 billion to $1.3 billion (the "Maximum Aggregate Purchase Price").

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