PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT) today announced that EQT, through its
subsidiary EQT Production Company, has won a bankruptcy auction to
acquire 53,400 core net Marcellus acres, including drilling rights on
44,100 net acres in the Utica and current natural gas production of
approximately 80 MMcfe per day, from Stone Energy Corp. for $527
million. Pending final approval by the bankruptcy court at a hearing
scheduled for February 10, 2017, themore...
PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT) today reported year-end 2016 proved reserves
of 13.5 Tcfe, a 35% increase over 2015, including proved developed
reserves of 6.8 Tcfe, which was 9% higher than the previous year.
Excluding the impact of 2016 acquisitions, the Company added 1.9 Tcfe of
proved reserves, which was 246% more than the 776 Bcfe produced during
the year. The increase in proved developed reserves resulted from the
completion of 143 wells andmore...
PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT) today announced 2016 net loss attributable
to EQT of $453.0 million, or $2.71 loss per diluted share, compared to
net income attributable to EQT of $85.2 million, or $0.56 per diluted
share in the previous year. Net cash provided by operating activities
was $1,064.3 million in 2016, compared to $1,216.9 million the previous
year. Adjusted net loss during 2016 was $54.3 million, compared to
adjusted net income of $115.more...
PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT), today, declared a quarterly cash dividend
of $0.03 per share, payable March 1, 2017, to shareholders of record at
the close of business on February 17, 2017.
About EQT Corporation:
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