EQT Corporation (NYSE: EQT) (the "Company" or "EQT") today announced that it has priced a private offering to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), of $500 million in aggregate principal amount of its 3.125% senior notes due 2026 and $500 million in aggregate principal amount of its 3.625% senior notes due 2031 (together, the "Notes" and such offering, the "Offering"). The Notes will be issued at par. EQT expects the Offering to close on May 17, 2021, subject to the satisfaction of customary closing conditions. EQT intends to use the net proceeds from the Offering, together with cash on hand and/or borrowings under its revolving credit facility, to fund the cash consideration relating to its previously announced acquisition of Alta Resources Development, LLC's ("Alta's") upstream and midstream subsidiaries.Learn More
EQT Corporation is the largest producer of natural gas in the United States.
At EQT, our business is about more than just the innovative production of energy resources; it’s also about being a good neighbor. Just like the friends and neighbors in your community, we strive for a cooperative and mutually beneficial relationship with our customers, our partners, and residents in the regions where we do business.
Always doing the right thing.
Doing what you say you will do.
Working together toward a common goal.
Sharing, respecting and embracing diversity of thought.
Respecting the wrench.
Caring about what you do (actions).
Caring about the relationships you form (impact).
Bringing passion and drive to be the best at what you do (attitude).
Driving to get better every day.
Understanding your environment to prioritize any needed adaption.
Being transparent (which enables collaboration that triggers innovation and leads to evolution).
EQT strives to work with and give back to the communities in which we live and operate. We have a renewed commitment to our stakeholders to create long-term value and become their operator of choice. We understand that our ability to operate is rooted in our relationships with communities, especially when it comes to safety and other concerns, and through these engagements, we develop strong relationships that benefit both EQT and our communities.