EQT Corp., the leading US natural gas producer in the Appalachian shale basins and an emerging LNG player, swung to a profit as the business is currently being overhauled with the acquisition of Equitrans Midstream and with effective operatorship of America’s newest natural gas infrastructure, the Mountain Valley Pipeline.
EQT Corp., the leading US natural gas producer in the Appalachian shale basins, reported solid annual net income even as earnings dropped for the fourth quarter and has now signed three LNG tolling agreements on the Gulf Coast and was pursuing sales contracts.
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.