EQT Corp on Tuesday cut its forecast for full-year sales volume and extended production curtailments through May, as the largest U.S. natural gas producer looks to tackle persistently low prices for the commodity.
Yesterday, a major announcement went largely under the radar. EQT Corporation, currently the largest natural gas producer in the U.S., announced it will quadruple a deal with Glenfarne Energy’s Texas LNG Brownsville export facility to liquefy (now) 2.0 million tons per annum (MTPA) for EQT. This works out to be roughly 264 million cubic feet
EQT Corp. said it would continue cutting 1 Bcf/d of production as U.S. natural gas prices remain near four-year lows, but management anticipates strong
Last Wednesday, EQT Corporation held its annual shareholders meeting. These sorts of meetings are typically short and sweet, as was EQT's meeting last week. Ahead of annual meetings, various resolutions are circulated for shareholders to vote on (by proxy before the meeting). There were three such resolutions on EQT's agenda this year: Election of board