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EQT Corp (EQT.N)

EQT.N on New York Stock Exchange

56.03USD
19 Jan 2018
Change (% chg)

$-1.12 (-1.96%)
Prev Close
$57.15
Open
$56.91
Day's High
$56.91
Day's Low
$55.97
Volume
572,137
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1,139,769
52-wk High
$67.83
52-wk Low
$49.64

Latest Key Developments (Source: Significant Developments)

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
Tuesday, 14 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

Rice Energy reports Q3 loss per share of $0.49
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Rice Energy Inc ::Rice Energy reports third quarter 2017 results.Q3 loss per share $0.49.Q3 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Qtrly ‍net production averaged 1,440 mmcfe/d, a 6 percent increase from Q2 2017​.Qtrly ‍total operating revenues $365.3 million versus $198.9 million​.Q3 earnings per share view $0.09, revenue view $373.5 million -- Thomson Reuters I/B/E/S.  Full Article

D. E. Shaw & Co LP - on October 31, sent a letter to EQT Corp's board
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Eqt Corp :D. E. Shaw & Co LP - on october 31, sent a letter to board of directors of EQT Corp - sec filing.D. E. Shaw & Co LP - in the letter to board of EQT Corp, "plan to vote in favor of the rice transaction".  Full Article

Glass Lewis and Egan-Jones recommend EQT shareholders vote “for” the pending acquisition of Rice Energy
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Eqt Corp :Proxy advisory firms Glass Lewis and Egan-Jones join iss in recommending EQT shareholders vote “for” the pending acquisition of Rice Energy.EQT Corp says ‍ Glass Lewis & Co, Egan-Jones rating company have recommended that EQT shareholders vote "for" pending transaction with Rice Energy Inc​.  Full Article

EQT Corp and Rice Energy enters into an amendment to merger agreement
Friday, 27 Oct 2017 

Oct 26 (Reuters) - EQT Corp :EQT corp says co, Rice Energy entered into an amendment to merger agreement - SEC filing.EQT - amended merger agreement to revise provisions to contemplate increase in permitted size of EQT board from 12 to 15, rather than 13, directors​.  Full Article

EQT Midstream Partners LP declares quarterly cash distribution of $0.98 per unit for Q3
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - EQT Midstream Partners LP :EQT Midstream Partners LP - ‍declared quarterly cash distribution of $0.98 per unit for Q3, which is 5 pct higher than Q2 of 2017​.  Full Article

Eqt to appoint two new directors upon closing of Rice acquisition
Monday, 23 Oct 2017 

Oct 23 (Reuters) - EQT Corp :EQT to appoint two new directors upon closing of Rice acquisition.EQT Corp - ‍Commenced a search for two additional, independent board members​.EQT - Board ‍will move 2018 annual shareholder meeting date to extend director nomination window to allow time for co to announce sum-of-parts decision​.EQT CEO says ‍many investors have indicated that they believe separating midstream, upstream businesses is best way to address co's "sum-of-the-parts discount​".  Full Article

UPDATE 3-Lowe's nominates directors after 'constructive' talks with D.E. Shaw

Jan 19 Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.