PITTSBURGH, Oct. 29, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2024.

Third Quarter 2024 and Recent Highlights:

Integration of Equitrans Midstream Corporation (Equitrans) more than 60% complete just three months following the transaction closing; actions taken to date estimated to result in $145 million of annualized base synergies, de-risking more than 50% of total base plan synergiesSales volume of 581 Bcfe, above the high-end of guidance driven by continued operational efficiency gains and strong well performance, despite approximately 35 Bcfe of total net curtailmentsCapital expenditures of $558 million; pro forma(1) capital expenditures of $573 million, below the low-end of guidance driven by efficiency gains and lower-than-expected midstream and pad spendingDifferential $0.10 per Mcf tighter than mid-point of guidance as tactical curtailments match supply with demand in real-time and maximize value without sacrificing operational efficienciesTotal per unit operating costs of $1.14 per Mcfe; pro forma(1) total per unit operating costs of $1.07 per Mcfe, below the low-end of guidance driven by lower-than-expected LOE and SG&A expenseAnnounced agreement to sell remaining non-operated natural gas assets in Northeast Pennsylvania for $1.25 billion in cashBecame the first traditional energy producer of scale in the world to achieve net zero Scope 1 and 2 GHG emissions;(2) eliminated or offset over 900,000 metric tons of CO2e in just five years

First Traditional Energy Producer of Scale in the World to Achieve Net Zero Scope 1 and Scope 2 GHG Emissions

PITTSBURGH, Oct. 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), America's leading producer of natural gas, today announced that it has achieved its commitment to reach net zero Scope 1 and Scope 2 greenhouse gas ("GHG") emissions1 across the company's legacy operations ahead of its 2025 goal. This milestone covers the entirety of EQT's upstream operations, inclusive of the recently acquired Tug Hill/XcL Midstream and Alta Resources assets, which were not part of the original target set in 2021 and combined represented an approximately 52% increase relative to starting-point emissions. EQT achieved this net zero status primarily through emissions abatement, with the remainder offset with company-generated offsets rather than purchased credits. Looking ahead, EQT remains committed to continuing its leadership through its new NetZero Now+ initiative.

PITTSBURGH, Oct. 10, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that its Board of Directors declared a quarterly cash dividend on its common stock of $0.1575 per share, payable on December 2, 2024, to shareholders of record at the close of business on November 6, 2024.

Investor ContactCameron HorwitzManaging Director, Investor Relations & Strategy412.445.8454Cameron.Horwitz@eqt.com

PITTSBURGH, Oct. 3, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its third quarter financial and operating results news release after market close on Tuesday, October 29, 2024, and will host a conference call to review the results and other relevant matters on Wednesday, October 30, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion.

EQT Private Equity, together with its co-shareholders, to sell Open Systems to Swiss PostUnder EQT's ownership, Open Systems transformed from a founder-led managed security services provider to a leading integrated network and cyber security companySince EQT's acquisition in 2017, Open Systems has almost doubled its revenues and more than tripled its EBITDA, while significantly expanding its product offering to support customers on their network transformation and cybersecurity journey

STOCKHOLM, Sept. 18, 2024 /PRNewswire/ -- EQT is pleased to announce that the EQT Mid Market Europe fund ("EQT"), together with its co-shareholders, have agreed to sell Open Systems ("Company") to Swiss Post.

PITTSBURGH, July 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the second quarter of 2024.

Second Quarter 2024 and Recent Highlights:

Closed the acquisition of Equitrans Midstream Corporation (Equitrans) a full quarter ahead of plan, resulting in approximately $150 million of savings relative to initial expectations; accelerates synergy capture and the commencement of deleveraging planSales volume of 508 Bcfe, above the high-end of guidance driven by continued operational efficiency gains and strong well performanceCapital expenditures of $576 million, below the midpoint of guidance despite faster activity pace; recent developments show a step change improvement in completion efficiency with potential for structurally lower well costsTotal per unit operating costs of $1.40 per Mcfe, below the low-end of guidance driven by lower-than-expected LOE and SG&A expenseHigher-than-expected southeast gas prices via Mountain Valley Pipeline capacity drove second quarter differential towards the low-end of guidanceTotal debt and net debt(1) down from $5.8 billion and $5.7 billion at year-end 2023 to $5.0 billion and $4.9 billion, respectively, at quarter-endRetired approximately $600 million of 2025 senior notes with proceeds from partial non-operated asset monetization; marketing remaining 60% interest in northeast Pennsylvania non-operated assetsIncreased revolving credit facility lender commitments from $2.5 billion to $3.5 billionConverted non-binding Heads of Agreement with Glenfarne Energy Transition's Texas LNG to binding Liquefaction Tolling Services Agreement for 2 million tonnes per annum of liquefaction tolling capacityReleased 2023 ESG report highlighting successful achievement of GHG emission intensity and methane emission intensity targets one year ahead of schedule; on track to achieve net zero by 2025(2)

PITTSBURGH, July 22, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced it has closed its acquisition of Equitrans Midstream Corporation (Equitrans).

The merger of EQT and Equitrans creates America's only large-scale, vertically integrated natural gas business. The combined company is projected to have an unlevered NYMEX free cash flow breakeven1 price of approximately $2.00 per MMBtu, which is at the low end of the North American cost curve and ensures robust free cash flow generation through all parts of the commodity cycle.

PITTSBURGH, July 16, 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 September 1, 2024, to shareholders of record at the close of business on August 7, 2024.

Investor ContactCameron HorwitzManaging Director, Investor Relations & Strategy412.445.8454Cameron.Horwitz@eqt.com

PITTSBURGH, July 1, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its second quarter financial and operating results news release after market close on Tuesday, July 23, 2024, and will host a conference call to review the results and other relevant matters on Wednesday, July 24, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion.

Company Continues to Play Leading Role in World's Energy Evolution

PITTSBURGH, June 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), a leading independent natural gas production company, today announced the publication of its 2023 Environmental, Social and Governance (ESG) Report, titled "Unlimited Potential."

The report highlights how EQT has significantly reduced its emissions and minimized its overall environmental impact, including reducing its Scope 1 methane emissions intensity to below 0.02% and reducing its Scope 1 greenhouse gas (GHG) emissions intensity by approximately 70% since 20181, in each case surpassing its published emissions reduction targets a full year ahead of schedule. Additionally, EQT remains on track to achieve net zero Scope 1 and Scope 2 GHG emissions2 by 2025. The report also demonstrates how natural gas can play a leading role in the energy evolution to lower carbon emissions and provide energy security to the world.

NEW ORLEANS, June 14, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Equitrans Midstream Corporation (NYSE: ETRN) to EQT Corporation (NYSE: EQT). Under the terms of the proposed transaction, shareholders of Equitrans will receive 0.3504 shares of EQT common stock for each outstanding share of Equitrans that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

NEW YORK, May 21, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

JBT Corporation (NYSE: JBT)'s merger with Marel hf. If you are a JBT shareholder, click here to learn more about your rights and options.

NEW YORK, March 11, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

The L.S. Starrett Company (NYSE: SCX)'s sale to an affiliate of MiddleGround Capital for $16.19 per share. If you are a Starrett shareholder, click here to learn more about your rights and options.