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Responsibility

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.

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EQT value Icons

Values

TRUST
Always doing the right thing.
Doing what you say you will do.

TEAMWORK
Working together toward a common goal.
Sharing, respecting and embracing diversity of thought.
Understanding customers.
Respecting the wrench.

HEART
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).

EVOLUTION
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).

Corporate Profile

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Community

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.

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News & Events

EQT Announces Pricing Of Senior Notes

May 10, 2021, 5:00 pm

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.

EQT Announces Private Offering of $1.0 Billion of New Senior Notes

May 10, 2021, 7:35 pm

EQT Corporation (NYSE: EQT) (the "Company" or "EQT") today announced that, subject to market conditions, it intends to offer $1.0 billion in aggregate principal amount of senior notes due 2026 and senior notes due 2031 (together, the "Notes" and such offering, the "Offering") in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"). 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.

EQT Announces Transformative Transaction with Alta Resources

May 6, 2021, 6:30 am

EQT Corporation (NYSE: EQT) today announced that it has entered into a purchase agreement with Alta Resources Development, LLC (Alta), pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments. The transaction is expected to close in the third quarter of 2021, with an effective date of January 1, 2021.

EQT Reports First Quarter 2021 Results

May 5, 2021, 5:00 pm

EQT Corporation (NYSE: EQT) today announced financial and operational results for the first quarter 2021. First Quarter Highlights: -Sales volumes of 415 Bcfe, in-line with guidance -Received an average realized price of $2.61/Mcfe -Total per unit operating costs of $1.31/Mcfe, $0.04 below midpoint of annual guidance -Net cash provided by operating activities of $400 MM; free cash flow(1) of $259 MM -Capital expenditures of $238 MM, $42 MM below the low-end of guidance range -Well costs of $635/foot in the PA Marcellus, $40/foot below full-year 2021 well costs target -Reduced 2021 capital expenditure guidance by $75 MM -Increased free cash flow(1) guidance by $75 MM -Announced project to certify approximately 4.0 Bcf/d of gas producing from over 200 pads -Successfully executed one-year extension of $2.5 B revolving credit facility

EQT Corporation Schedules First Quarter 2021 Earnings Release and Conference Call

April 20, 2021, 6:00 am

EQT Corporation (NYSE: EQT) plans to issue its first quarter 2021 financial and operating results after market close on Wednesday, May 5 and will host a conference call with securities analysts on Thursday, May 6, 2021, beginning at 10:00 a.m. ET. Topics of the teleconference will include financial and operating results, and other matters, with respect to the first quarter 2021. A brief Q&A session for securities analysts will immediately follow the discussion. As part of its continued evolution of best practices, EQT has established a new standard for its reporting schedule and plans to issue its financial and operating results after market close the day prior to its quarterly conference calls. This practice is intended to provide EQT stakeholders with more timely access to EQT's quarterly information prior to the conference call.

EQT Issues Statement in Support of Reinstating Federal Methane Rule

April 15, 2021, 12:00 am

EQT Corporation (NYSE: EQT) today issued the following statement in support of H.J. Resolution 34, and S.J. Resolution 14 of the 117th Congress, which provide for Congressional disapproval of the 2020 Methane Rescission Rule submitted by the Administrator of the Environmental Protection Agency relating to "Oil and Natural Gas Sector: Emission Standards for New, Reconstructed, and Modified Sources Review" (85 Fed. Reg. 57018 (September 14, 2020)): "As the nation's largest natural gas producer, EQT knows that natural gas will continue to play a meaningful role in accelerating a sustainable pathway to a low carbon future. We believe the responsible development of natural gas will help meet future global energy demand as we address climate change together. As an industry leader in reducing methane emissions, we support reinstituting NSPS OOOOa as a uniform federal standard. EQT is committed to working with elected officials, regulators and other stakeholders to establish sound environmental policies that promote increased access to clean and affordable energy sources."

EQT Announces Commitment to Seek Natural Gas Certification under Equitable Origin and MiQ Standards

May 15, 2021, 12:00 am

EQT Corporation (NYSE: EQT) today announced its commitment to seek independent certification of a majority of its produced natural gas under certification standards developed by Equitable Origin and MiQ. The certification process is expected to commence this month, and it is anticipated that certification from Equitable Origin and MiQ will be obtained later this year. Under the proposed project, EQT plans to obtain Equitable Origin and MiQ certification of the natural gas produced from over 200 of its well pads located in Greene and Washington Counties, Pennsylvania, which collectively produce approximately 4.0 Bcf/day from the wellhead (gross volume). These certifications will expand EQT's growing portfolio of certified natural gas, sometimes referred to as responsibly sourced gas, having previously announced in January a separate project with Project Canary to certify gas produced from two of its well pads, also located in southwestern Pennsylvania. When its certification project with Equitable Origin and...

Toby Z. Rice Joins the Bipartisan Policy Center’s AEIC (Bipartisan Policy Center)

March 31, 2021, 12:00 am

Washington, DC - The Bipartisan Policy Center is pleased to announce that Toby Z. Rice, president and CEO of EQT Corporation, will join BPC's Energy Project as a member of the American Energy Innovation Council (AEIC). As the nation’s largest natural gas producer, and a leader in scaling improved technologies to reduce environmental impact, EQT will play a defining role when it comes to a low-carbon energy economy. Their demonstrated commitment to environmental leadership highlights the potential for natural gas to play a meaningful part in satisfying the growing demand for low-cost, low climate impact energy. AEIC is proud to have Mr. Rice’s expertise to assist in accelerating the mission toward a clean energy economy.

EQT Reports Fourth Quarter And Year-End 2020 Results And Provides 2021 Guidance

February 17, 2021, 6:30 am

EQT Corporation (NYSE: EQT) today announced financial and operational performance results for the fourth quarter and year-end 2020, as well as financial and operational guidance for 2021.

EQT and Project Canary Partner on Certified Responsibly Sourced Natural Gas Pilot

January 28, 2021, 8:00 am

EQT Corporation (NYSE: EQT) today announced its commitment to a pilot project to demonstrate the production of responsibly sourced natural gas (RSG) for use in domestic and international energy markets. The intent of the pilot is to show that natural gas can be, and is, produced with high environmental and social standards, and that global energy market demand exists and is growing for these differentiated RSG products.

EQT Corporation Schedules Q4 and YE 2020 Results Conference Call for February 17, 2021

January 27, 2021, 6:30 am

EQT Corporation (NYSE: EQT) will host a conference call with securities analysts on Wednesday, February 17, 2021, beginning at 10:30 a.m. ET . Topics of the teleconference will include financial and operational results, and other matters, with respect to the fourth quarter and year-end 2020. Additionally, EQT will provide an update on its 2021 financial and operational guidance. A brief Q&A session for securities analysts will immediately follow the discussion. EQT plans to issue its financial and operating results prior to the market opening on the same day. To access the live audio webcast of the conference call, visit EQT's investor relations website at ir.eqt.com. A replay will also be available via EQT's investor relations website for seven days following the live call.

EQT Foundation 2020 Giving Total Exceeds $3.5M – Giving includes nonprofit grants, scholarship programs and employee matching contributions

January 12, 2021, 7:00 pm

Pittsburgh, PA January 11, 2021… The EQT Foundation (Foundation) today announced their 2020 giving total of more than $3.5 million to various programs and organizations throughout the footprint of southwestern Pennsylvania, northern West Virginia, and eastern Ohio.

Executive Q&A – Extreme EQT Makeover (Oil and Gas Magazine)

January 11, 2021, 7:00 am

A year and a half after leading a mutiny of shareholders to take control of the nation’s largest natural gas producer, CEO Toby Rice is proud to reveal the completed remodel. And it’s even better than promised.

ESG and The Independent E&P (Oil and Gas Magazine)

January 11, 2021, 7:01 am

The U.S. oil and gas industry is under extreme pressure by capital providers, stakeholders and elected officials to mitigate greenhouse gas emissions and to show compliance to globally accepted climate change goals. Can a hydrocarbon-producing company win in this scenario?

EQT Reports 2020 Proved Reserves Of 19.8 Tcfe And Provides Update On 2021 Hedge Position

January 5, 2021, 6:30 am

EQT Corporation (NYSE: EQT) today reported year-end 2020 total proved reserves of 19.8 Tcfe, an increase of 2.3 Tcfe or 13% compared to year-end 2019. The increase was driven by the efficiencies realized from the execution of EQT’s combo-development strategy, and reserve additions associated with EQT’s acquisition of Chevron’s upstream Appalachian assets, which closed on November 30, 2020 (the Chevron Acquisition).

EQT Announces Upsizing And Early Results Of Its Tender Offer

November 16, 2020, 6:30 am

EQT Corporation (NYSE: EQT) (the "Company" or "EQT") announced today that it has amended the terms of its previously announced tender offer (the "Tender Offer") to purchase for cash up to an amended Maximum Tender Amount (as defined below) of its 4.875% Senior Notes due 2021 (the "2021 Notes") and 3.000% Senior Notes due 2022 (the "2022 Notes" and, together with the 2021 Notes, the "Notes"). The Company also announced today the early results of the Tender Offer. The Company has amended the Tender Offer to (i) increase the combined aggregate principal amount of Notes subject to the Tender Offer (the "Maximum Tender Amount") from $150,000,000 to $200,000,000 and (ii) limit the aggregate principal amount of 2022 Notes that may be accepted for purchase in the Tender Offer to $181,177,000 (the "2022 Notes Tender Cap"). All other terms of the Tender Offer remain unchanged.

EQT Announces Early Results And Upsizing Of Its Debt Tender Offer

March 3, 2020, 6:30 am

EQT Corporation announced today the early results and upsizing of its previously announced tender offer to purchase for cash up to an amended Maximum Tender Amount of its 4.875% Senior Notes due 2021. The Company has amended the Tender Offer to increase the aggregate principal amount of Notes subject to the Tender Offer from $400 million to $500 million. All other terms of the Tender Offer remain unchanged.

EQT Commences Tender Offer – For up to $150,000,000 Combined Aggregate Principal Amount of its 4.875% Senior Notes due 2021 and 3.000% Senior Notes due 2022

October 30, 2020, 7:45 am

EQT Corporation (NYSE: EQT) (the “Company” or “EQT”) announced today it has commenced a tender offer (the “Tender Offer”) to purchase for cash up to $150.0 million combined aggregate principal amount (the “Maximum Tender Amount”) of its outstanding 4.875% Senior Notes due 2021 (the “2021 Notes”) and 3.000% Senior Notes due 2022 (the “2022 Notes” and collectively, the “Notes”). The amounts of each series of Notes that are purchased will be determined in accordance with the acceptance priority levels specified in the table below and on the cover page of the Offer to Purchase dated October 30, 2020 (the “Offer to Purchase”) in the column entitled "Acceptance Priority Level" (the "Acceptance Priority Level"), with “1” having a higher Acceptance Priority Level than “2.”

EQT Announces Pricing of Public Offering of Common Stock

October 27, 2020, 8:42 pm

EQT Corporation (NYSE: EQT) (the Company or EQT) announced today that it has priced a public offering of 20,000,000 shares of its common stock at a price to the public of $15.50 per share (the Offering). The Company has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of its common stock.

EQT Announces Proposed Public Offering of Common Stock

October 27, 2020, 4:05 pm

EQT Corporation (NYSE: EQT) (the Company or EQT) announced today that it has commenced an underwritten public offering of 20,000,000 shares of its common stock (the Offering). The Company intends to grant the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of its common stock. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.

EQT Announces the Acquisition of Chevron’s Appalachia Assets – Highly attractive, low-risk, strategic bolt-on acquisition

October 27, 2020, 4:05 pm

EQT Corporation (NYSE: EQT) today announced that it has entered into a definitive purchase and sale agreement with Chevron U.S.A. Inc. under which EQT will acquire Chevron’s upstream and midstream assets located in the Appalachian Basin for $735 million, subject to customary adjustments at closing. The transaction is expected to close late in the fourth quarter of 2020, subject to customary closing conditions, with an effective date under the purchase and sale agreement of July 1, 2020. EQT intends to finance the acquisition, subject to market conditions and other factors, with cash on hand, drawings under its revolving credit facility and/or one or more capital markets transactions.

EQT Reports Third Quarter 2020 Results – Demonstrating continued progress in delivering value to stakeholders

October 22, 2020, 6:30 am

EQT Corporation (NYSE: EQT) today announced financial and operational performance results for the third quarter 2020.