The offering resulted in gross proceeds of USD232,925,000 NEW YORK, Dec. 13, 2024 /PRNewswire/ -- An affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV ("EQT") is pleased to announce the completion of an underwritten public offering (the "Offering") of 5,500,000 shares of common stock of Kodiak Gas Services, Inc. (NYSE: KGS) (the "Company") for gross proceeds of USD232,925,000. Goldman Sachs & Co. LLC and J.P. Morgan acted as the underwriters for the Offering, which was comple ...

It has been about a month since the last earnings report for EQT Corporation (EQT) . Shares have added about 17.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is EQT due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. EQT's Q3 Earnings Top EstimatesUpstream Business of ...

EQT Corporation (EQT) has announced a $3.5 billion midstream joint venture with funds managed by Blackstone Credit & Insurance (“BXCI”). The partnership involves EQT’s ownership interests in several high-quality, contracted midstream assets, including Mountain Valley Pipeline, LLC (Series A), FERC-regulated transmission and storage assets and the Hammerhead Pipeline.Under the agreement, BXCI will acquire a non-controlling common equity stake in the joint venture (JV). EQT will retain rights to future growth ...

Key TakeawaysEQT shares rose after the natural gas producer said Blackstone’s credit and insurance business is buying a $3.5 billion stake in its midstream assets through a joint venture.EQT said the money raised will be used to buy back its debt.The investment values the joint venture at around $8.8 billion. EQT (EQT) shares rose after the natural gas producer said Blackstone’s (BX) credit and insurance business is buying a $3.5 billion stake in its midstream assets through a joint venture. Under the terms ...

Offer to Purchase for CashUp to $1.275 Billion Aggregate Purchase Price for 6.500% Senior Notes due 2048, 5.500% Senior Notes due 2028, 4.50% Senior Notes due 2029 and 7.500% Senior Notes due 2030Solicitation of Consents to Proposed Reporting Amendments to the Indentures Governing6.500% Senior Notes due 2048 and 5.500% Senior Notes due 2028PITTSBURGH, Nov. 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its subsidiaries, the "Company") today announced that its indirect who ...

PITTSBURGH, Nov. 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance ("BXCI"), to form a new midstream joint venture (the "JV") consisting of EQT's ownership interest in high quality contracted infrastructure assets: (i) Mountain Valley Pipeline, LLC – Series A, (ii) FERC regulated transmission and storage assets, and (iii) the Hammerhead Pipeline.(1)Under the terms of the agreement BXCI will ...

Transaction Overview - EQT Exeter Industrial Value Fund VI has acquired 33 industrial assets strategically located across 12 major industrial markets in the United States, with 21 of these assets located in markets where EQT Exeter has offices [1] - The properties include a mix of big box distribution and last-mile facilities, primarily serving tenants in the Southeast, Midwest, and Texas [1] - The total area of the acquired properties is over 4.5 million square feet, with an average building size of over 138,000 square feet [2] Property Details - The properties are located in four core regional markets: Southeast (Richmond, Atlanta, Jacksonville), E-Commerce Triangle (Louisville, Cincinnati, Indianapolis), Midwest (Chicago, St. Louis, Kansas City, Minnesota), and El Paso, Texas [2] - These properties are strategically located within prime logistics corridors, providing seamless connectivity to key interstate routes and major population centers [3] - The buildings feature best-in-class design, flexible suite sizes, diverse site plans, optimal clear heights, and abundant dock positions to maximize operational efficiency [3] Tenant and Lease Information - The properties are approximately 90% leased with staggered lease terms, featuring 34 unique tenants and four vacant suites [4] - Around 38% of the existing tenants are current relationships within EQT Exeter's portfolio, reflecting the firm's strong tenant-partner relationships [3] - EQT Exeter plans to enhance value by making improvements to fill the remaining 428,000 square feet of available space and collaborating with existing tenants to maintain steady occupancy and cash flow [1][4] Strategic Approach - EQT Exeter intends to implement a "locals-with-locals" approach to strengthen existing tenant-partner relationships and foster new ones, ensuring the assets meet the evolving needs of tenants [4] - The company aims to optimize both last-mile and regional distribution through strategic improvements and tenant collaboration [1][4]

Shares of EQT Corporation (EQT) gained about 1% since it released better-than-expected third-quarter 2024 earnings on Oct. 29.Before delving into the recently reported quarterly results, let’s examine the business of the large natural gas exploration and production company.Upstream Business of EQTEQT Corporation is among the leading upstream energy players producing natural gas, with a solid footprint in the prolific Appalachian Basin. In the United States, it ranks as one of the largest natural gas produce ...

A pair of prognosticators grew slightly more bullish in the wake of the company's latest earnings report.Natural gas producer EQT (EQT 3.31%) produced plenty of gains on the stock market as the trading week kicked off. The company didn't have any significant news of its own to report, rather a pair of modest analyst price raises combined to give some lift to the shares. As a result the stock closed the day more than 3% higher, a markedly better performance than the S&P 500 index's 0.3% decline.Firing up a p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, no par value EQT New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 F ...