EQT Corporation – Oil & Gas 360

BlackRock, EQT to acquire AES Corp. in $33.4B deal

March 2, 2026

(Oil Price) – A consortium led by BlackRock’s Global Infrastructure Partners (GIP) and U.S. gas giant EQT Corp. (NYSE:EQT) have agreed to acquire global power utility, AES Corp. (NYSE:AES), for $15 per share in cash, totaling an enterprise value of approximately $33.4 billion. The deal, which includes major pension and investment funds, represents a ~40% premium for AES shares and includes the assumption of debt with a

EQT to buy Marcellus assets from Olympus Energy for $1.8 billion

April 23, 2025

(Oil Price) – Natural gas producer EQT Corporation has agreed to buy upstream and midstream assets of Olympus Energy for $1.8 billion in a deal that would bolster EQT’s inventory in the Marcellus and Utica shale gas regions. The total consideration of $1.8 billion is composed of approximately 26 million shares of EQT common stock, representing $1.3 billion based on the

EQT Records $2.3 Billion Non-Cash Impairment Charge

April 26, 2018

EQT Corporation (ticker: EQT) reported a net loss of income attributable to EQT of $1,586 million, or $(5.99) per diluted earnings per share. The net loss attributable to EQT for the first quarter of 2018 was impacted by an impairment charge of $2.3 billion associated with the Huron and Permian Plays, increases in other operating costs, lower gains on derivatives

EQT Sets a Record in the Marcellus

December 13, 2017

EQT announces $2.4 Billion CapEx which it expects to fund entirely from cash flow Earlier this week Pittsburgh-based EQT Corporation (ticker: EQT) turned in line the longest lateral completed to date by any operator in the Marcellus. The Haywood H18 well in Washington County, PA has a completed lateral length of 17,400 feet and will develop 42 Bcfe of reserves.

EQT to Drill 119 Marcellus Wells in 2017 – $1.5 Billion Spending Plan

December 12, 2016

EQT will finance 2017 budget from operations and cash-on-hand; Pennsylvania, West Va. Benefit EQT Corporation (ticker: EQT) announced its 2017 capital budget Monday. The company forecasts a 2017 capex budget of $1.5 billion, excluding business development and land acquisitions, and including $1.3 billion for well development. Funding will be provided by cash generated from operations, and cash-on-hand, the company said

Buying Spree: EQT Acquired 19 Acres for Every Acre It Developed in 2016

October 27, 2016

Marcellus acquisitions increase IRRs from 9% to 37% at $2.50 MMBtu gas prices EQT Corporation (ticker: EQT) released its third quarter earnings results today, reporting a loss of $0.05 per diluted share compared to a net income of $0.27 per share for the same period last year as the oil and gas industry continues to face an oversupplied market. EQT

Energy Market Upside: EQT Corp. Welcomes 2016 with $1 Billion CapEx Plan—Self-Funded

December 10, 2015

The oil and gas market is approaching the end of 2015—which will no doubt go down as a highly tumultuous year for the industry. In spite of the dive in oil prices, some companies have positioned themselves well for capturing the upside through advantageous acquisitions, reliable takeaway capacity, attractive hedges and low-cost production. Or a combination of factors. Today’s focus

EQT Corporation – Day Two Breakout Notes

August 19, 2015

David Porges, Chairman, President and Chief Executive Officer of EQT Corporation (NYSE: EQT), presented today at EnerCom’s The Oil & Gas Conference® 20. EQT Corporation is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, and transmission. With more than 125 years of experience, EQT continues to be a leader in the use of advanced horizontal

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