Equitable Resources, Inc. Becomes EQT

Wednesday, February 4, 2009 8:08 am EST

Dateline:

PITTSBURGH

Public Company Information:

NYSE:
EQT
"Because of the similarity between Equitable Gas Company and our previous corporate name, many people are unaware that we are no longer just a utility company; EQT has developed into an innovative, technology-driven natural gas producer, with operations in four states"

Equitable Resources, Inc. (NYSE: EQT) today announced that, effective February 9, the company is officially changing its name to EQT Corporation (EQT). In conjunction with the name change, EQT(SM) unveiled a new brand, including a logo and the tagline, "Where Energy Meets Innovation(SM)."

Over the course of the past decade, the company has evolved into the largest natural gas producer in the gas-rich Appalachian Basin, and one of the largest in the country. In late 2008, EQT was added to the Standard & Poor's (S&P) 500 Index.

EQT Chairman and CEO Murry Gerber cited EQT's groundbreaking horizontal air drilling technology and infrastructure development as instrumental in building the company's reputation as a leader in the industry.

"Because of the similarity between Equitable Gas Company and our previous corporate name, many people are unaware that we are no longer just a utility company; EQT has developed into an innovative, technology-driven natural gas producer, with operations in four states," said Gerber. "We have selected this moment to confirm and communicate that we operate two very different businesses."

Equitable Resources is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, processing, transmission and distribution. Additional information about the company can be obtained through the company's web site, http://www.eqt.com; Investor information is available on that site at http://ir.eqt.com. Equitable Resources uses its web site as a channel of distribution of important information about the company, and routinely posts financial and other important information regarding the company and its financial condition and operations on the Investors web pages.