First Traditional Energy Producer of Scale in the World to Achieve Net Zero Scope 1 and Scope 2 GHG Emissions PITTSBURGH, Oct. 23, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT), America's leading producer of natural gas, today announced that it has achieved its commitment to reach net zero Scope 1 and Scope 2 greenhouse gas ("GHG") emissions1 across the company's legacy operations ahead of its 2025 goal. This milestone covers the entirety of EQT's upstream operations, inclusive of the recently acquired T ...

In 2024, the United States has cemented its role as the world's leading driver of natural gas demand, with power producers significantly increasing gas-fired generation. Over the first nine months of the year, natural gas accounted for a record 46% of the total power generated in the country, reaching 55.6 million megawatt hours, according to LSEG data. This marks a 5% increase from the prior-year level and the highest gas output recorded since at least 2021. Despite global climate commitments and efforts t ...

EQT Corporation (EQT) has gained 1.2% in the past six months, outpacing the 0.9% improvement of the composite stocks belonging to the industry. What's Favoring the EQT Stock? EQT, a leading natural gas producer in North America, carries a Zacks Rank #3 (Hold) and has established a strong presence in the highly productive Appalachian Basin. With numerous prime drilling locations throughout this gas-rich region, the company's production prospects are robust. As natural gas is a cleaner-burning fossil fuel, EQ ...

PITTSBURGH, Oct. 3, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its third quarter financial and operating results news release after market close on Tuesday, October 29, 2024, and will host a conference call to review the results and other relevant matters on Wednesday, October 30, 2024, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion. To access the live audio webcast of the conference call, visit EQT's investor relations web ...

EQT Corporation (EQT) , a U.S.-based natural gas producer, has planned to cut its workforce by 15% following the acquisition of Equitrans Midstream Corporation. This marks the second-largest round of layoffs by EQT since 2019, when it had reduced its manpower by 23% after the appointment of Toby Rice as its CEO. The recent layoffs are a part of the process of combining the operations of the two companies, following Equitrans Midstream's acquisition. This includes the termination of several senior-level empl ...

EQT Corporation (EQT) announced plans to reverse some of the production cuts it implemented earlier this year, starting in October and November. This move comes in response to rising demand and higher natural gas prices, according to a Reuters report. Earlier in 2024, EQT and other U.S. gas producers scaled back production when natural gas prices dropped to multi-year lows. This price drop was compelled by an unusually mild winter, which led to an oversupply of gas in storage. EQT alone had reduced producti ...

EQT Corporation (EQT) CEO Toby Rice shared his outlook on natural gas prices during the Gastech energy conference. He noted that U.S. natural gas prices are likely to remain below $3 per million British thermal units (mmBtu) in the near term. This would be an aftermath of prices hitting multi-year lows earlier in 2024, prompting EQT, the largest natural gas producer in the country, to curtail production by 1 billion cubic feet per day (bcfd), per a Reuters report. Several other shale gas producers followed ...

Investment thesis: EQT (NYSE: EQT ) is a solid shale performer with an emphasis on natural gas production. Its stock price is down significantly due to external factors such as low natural gas prices. Recent data, forecasts, and trends suggest that natural Analyst's Disclosure: I/we have a beneficial long position in the shares of EQT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other tha ...

EQT Corp (NYSE:EQT) stock is 0.2% higher at $31.20 at last check, following a bull note at Wells Fargo. The analyst upgraded the natural gas name to "overweight" from "equal weight," following last month's $5.45 billion deal with Equitrans (ETRN) and upbeat second-quarter report. There's room for more analysts to join the bullish bunch. While 11 still recommend a "buy" or better, nine rate EQT "hold" or worse. This bullishness has been prevalent in the options pits lately, per EQT stock's 10-day call/put vo ...

Investors had to deal with the sudden volatility in the stock market last week after the S&P 500 erased trillions in wealth. Not to mention the additional losses suffered by the Nikkei 225 (Japan's version of an S&P 500), arguably initiating the downtrend altogether. The so-called "Carry Trade" was partially unwound after the Bank of Japan raised interest rates. The fear of seeing less value and demand for U.S. dollars caused weekly volatility. However, some knew a swift recovery would be around the corner, ...