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EQT Reports Second Quarter 2021 Results

EQT Reports Second Quarter 2021 Results
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EQT Reports Second Quarter 2021 Results

EQT Reports Second Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

West Virginia , United States , Marion County , Andrew Breese , Company Wv Marcellus , See The Company Quarterly Report On Form , Company West Virginia , Equitrans Midstream Corporation , Alta Resources Development , Exchange Commission , Moody Investor Services , Company Annual Report On Form , While The Company , Gain On Equitrans Share Exchange , Securities Exchange , Company Quarterly Report On Form , Malta Resources , Fitch Ratings , Investor Services , New Venturesin , Months Ended June , Production Curtailments , Chevron Acquisition , Chevron United , Equitrans Midstream , Alta Acquisition ,

Energy News Monitor | Volume XVII; Issue 51

Energy News Monitor | Volume XVII; Issue 51
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Trentino Alto Adige , Andhra Pradesh , Makhan Majra , United States , Czech Republic , Uttar Pradesh , South Australia , Madhya Pradesh , Himachal Pradesh , Papua New Guinea , Niger Delta , Nigeria General , Raipur Khurd , East Godavari , Bay Of Bengal , Oceans General , United Arab Emirates , San Antonio , Raipur Kalan , Tamil Nadu , United Kingdom , Harris County , Persian Gulf , Kwangju Gwangyoksi , South Korea , North West Frontier ,

EQT Announces Transformative Transaction With Alta Resources

EQT Announces Transformative Transaction With Alta Resources
Highly Economic Assets in the Core of the Northeast Marcellus
Pittsburgh, PA /PRNewswire/ - 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.
Transaction Highlights:
Projected annual free cash flow
(1) of $300-$400 million
Projected annual adjusted EBITDA
Purchase price implies an ~18% unlevered free cash flow yield ....

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EQT to acquire Alta Resources' assets for $2.95bn

EQT to acquire Alta Resources’ assets for $2.95bn
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16 hours ago
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EQT Corporation has agreed to acquire Alta Resources Development’s shale gas assets in the US in a cash and stock deal valued at $2.95bn.
EQT will purchase Alta’s membership interests in upstream and midstream subsidiaries, as well as 300,000 acres in the Marcellus Shale.
EQT expects the transaction to add about one billion cubic feet per day equivalent of gas production while its annual free cash flow by $400m.
Under the terms of the deal, EQT will make $1bn cash payment to Alta Resources. It will also make committed financing and equity from its unsecured credit facility. ....

Alta Resources Development , Northeast Marcellus , வடகிழக்கு மார்செல்லஸ் ,