LNG

EQT Corp., the leading US natural gas producer in the Appalachia Shale basins, reported lower third-quarter profits and cash flow as prices dropped and other expenses increased, including from integrating acquisitions, as it also continued to prepare for a renewed US LNG production surge.

EQT, a natural gas company few have heard of outside of America and which is the nation’s biggest gas producer and runs the “Unleash US LNG” advocacy campaign, reported strong fourth-quarter and annual earnings.