EQT Corporation (NYSE: EQT ) recently delivered a number of deals that may bring a significant amount of cash to the balance sheet and enhance the company's valuation. Management may use the total amount of new cash to lower London Stock Market Research is a service offered by an ex-investment banker from the city of London. After around 11 years in the industry, I decided to drop out, and made dollars out of what I learned in business. I appreciate value investments, and I usually buy companies that trade ...

| --- | --- | --- | --- | --- | --- | |-------|-------|-----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | Investor Presentation | | | | | | | | | | | Cautionary Statements The Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that a company anticipates as of a given date to be economically and legally producible and deliverable by application of develop ...

EQT Corporation (NYSE:EQT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Cameron Horwitz - Managing Director, Investor Relations & Strategy Toby Rice - President & Chief Executive Officer Jeremy Knop - Chief Financial Officer Conference Call Participants Doug Leggate - Wolfe Research Roger Read - Wells Fargo Neil Mehta - Goldman Sachs Jacob Roberts - TPH Kalei Akamine - Bank of America Dave Deckelbaum - TD Cowen Josh Silverstein - UBS Bert Donnes - Truist Securities Noel ...

EQT Corporation (EQT) reported third-quarter 2024 adjusted earnings from continuing operations of 12 cents per share, which beat the Zacks Consensus Estimate of 5 cents. The bottom line declined from the year-ago reported earnings of 30 cents per share. Adjusted operating revenues increased to $1.38 billion from $1.19 million in the prior-year quarter. However, the top line missed the Zacks Consensus Estimate of $1.43 billion. The better-than-expected quarterly earnings were driven by higher sales volume an ...

EQT Corporation (EQT) has announced the sale of the remaining interest in its non-operated natural gas assets in northeast Pennsylvania. The company is reportedly selling its interest to Equinor ASA (EQNR) in a cash transaction worth $1.25 billion. The announcement came just a few months after EQT sold a 40% interest in the assets to EQNR in lieu of the latter's onshore asset in the Appalachian basin and $500 million in cash. EQT's Debt Burden EQT has mentioned that it will be using the cash proceeds from t ...

EQT Corporation (EQT) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 140%. A quarter ago, it was expected that this company would post a loss of $0.19 per share when it actually produced a loss of $0.08, delivering a surprise of 57.89%. Over the last four quarters, the company has s ...

EQT Reports Third Quarter 2024 Results and Announces Non-Operated Asset Divestiture PITTSBURGH, October 29, 2024 -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2024. Third Quarter 2024 and Recent Highlights: • Integration of Equitrans Midstream Corporation (Equitrans) more than 60% complete just three months following the transaction closing; actions taken to date estimated to result in $145 million of annualized base synergies, de-risking more than ...

PITTSBURGH, Oct. 29, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2024. Third Quarter 2024 and Recent Highlights: Integration of Equitrans Midstream Corporation (Equitrans) more than 60% complete just three months following the transaction closing; actions taken to date estimated to result in $145 million of annualized base synergies, de-risking more than 50% of total base plan synergies Sales volume of 581 Bcfe, above the high-e ...

Transaction Details - EQT Corporation is in talks with Blackstone to sell minority stakes in its interstate natural gas pipelines, valued at approximately $3.5 billion [1] - The deal is expected to be finalized in the upcoming weeks if discussions proceed smoothly [1] - EQT will continue to operate the pipeline after the deal is finalized [2] Financial Impact - The transaction could ease EQT's debt burden, which increased by about $14 billion due to the acquisition of Equitrans Midstream [2][5] - Blackstone plans to fund the transaction through its credit and insurance wing [2] - The deal is expected to provide Blackstone with a steady stream of earnings from long-term contracts associated with pipelines and energy infrastructure assets [3] Pipeline Assets - EQT holds interests in 940 miles of interstate natural gas pipelines with a combined capacity of approximately 4.4 billion cubic feet per day (bcf/d) [5] - The deal includes EQT's stake in the Mountain Valley Pipeline, a 300-mile pipeline connecting West Virginia to Virginia [3][5] - The Mountain Valley Pipeline faced delays and legal battles but became operational in June this year [4] Industry Context - Archrock Inc, an energy infrastructure company, focuses on midstream natural gas compression and generates stable fee-based revenues [7] - The Williams Companies, Inc operates a pipeline system of more than 33,000 miles, making it one of the largest domestic transporters of natural gas by volume [8] - FuelCell Energy provides low-carbon energy solutions using flexible fuel sources like biogas, natural gas, and hydrogen, contributing to the energy transition [9]

EQT Corporation (EQT) is set to report third-quarter 2024 earnings on Oct. 29, after the closing bell.Let us delve into the factors that are anticipated to have affected this natural gas producer’s performance. However, before that, it would be worth reviewing EQT’s performance in the previous quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Highlights of Q2 Earnings & Surprise HistoryIn the last reported quarter, the company’s loss of 8 cents per share was narrower than the Za ...