Past year: ▼ 2%(48.56 – 63.64 USD)
Each one in plain English, with the numbers worked through for a shareholder.
14 May 2021material agreement▲ GoodMajor
EQT agreed to raise $1.0 billion via new notes (3.125% due 2026 and 3.625% due 2031) - a much lower coupon than its 2020 issuances - to help fund its pending acquisition of Alta Resources Development's upstream and midstream subsidiaries.
13 May 2021agm notice● Neutral
EQT filed an FAQ given to Alta employees on May 13, 2021 about the pending acquisition. It said the companies stayed independent until closing, integration planning was early, and employees not retained would be eligible for severance.
10 May 2021agm notice● Neutral
EQT filed a May 10, 2021 Bloomberg interview in which CEO Toby Rice said more consolidation of private drillers, like the $2.9 billion Alta deal, would bring discipline and help end gas supply gluts.
7 May 2021capital raising announcement▲ GoodMajor
EQT agreed to acquire Alta Resources Development's Marcellus upstream and midstream assets for $1.0 billion cash plus about 105 million EQT shares (~$1.925 billion) -- the deal that closed two months later, its first major acquisition after the Equitrans spin-off.
7 May 2021agm notice● Neutral
EQT agreed on May 5, 2021 to buy Alta Resources' Marcellus and operating entities for $1.0 billion in cash plus 105,306,346 EQT shares, valued at $1.925 billion. Closing needed EQT shareholder approval of the share issuance and US antitrust clearance.
6 May 2021agm notice● Neutral
EQT announced a deal to buy Alta Resources' upstream and midstream subsidiaries for about $2.925 billion, made up of $1.0 billion in cash and about $1.925 billion in EQT stock. Closing was expected in the third quarter of 2021, subject to EQT shareholder approval of the share issuance.
6 May 2021agm notice● Neutral
EQT filed a Business Times interview in which CEO Toby Rice discussed the proposed $2.9 billion acquisition of Alta Resources. He said the deal was about fit rather than scale, and the filing noted that EQT shares fell 8.8% to $18.41 on the day.
6 May 2021quarterly activities report▼ Bad
In its 10-Q for the quarter ended March 31, 2021, EQT reported total operating revenues of $949.9 million and a net loss of $41.0 million. Revenue included a $188.8 million loss on derivatives not designated as hedges.
5 May 2021quarterly activities report▼ Bad
EQT reported first quarter 2021 results: a net loss of $41 million ($0.15 per share), sales volumes of 415 Bcfe and free cash flow of $259 million. It cut 2021 capital spending guidance by $75 million and raised free cash flow guidance to $575-675 million.
26 Apr 2021debt financing● Neutral
EQT extended its revolving credit facility's maturity from July 2022 to July 2023 and added standard LIBOR-transition provisions.
22 Apr 2021director interest notice● Neutral
EQT Corp director Lydia I Beebe received a stock option grant for 11,510 shares.
22 Apr 2021agm notice● Neutral
EQT Corp shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
22 Apr 2021director interest notice● Neutral
EQT Corp director Anita M. Powers acquired 24,190 shares and disposed of 12,680 in a set of related equity transactions.
22 Apr 2021director interest notice● Neutral
EQT Corp director Janet Carrig received a stock option grant for 11,510 shares.
22 Apr 2021director interest notice● Neutral
EQT Corp director John Mccartney acquired 24,190 shares and disposed of 12,680 in a set of related equity transactions.
22 Apr 2021director interest notice● Neutral
EQT Corp director Daniel J. Rice IV received a stock option grant for 11,510 shares.
22 Apr 2021director interest notice● Neutral
EQT Corp director Lee M Canaan received a stock option grant for 11,510 shares.
22 Apr 2021director interest notice● Neutral
EQT Corp director Kathryn Jean Jackson received a stock option grant for 11,510 shares.
22 Apr 2021director interest notice● Neutral
EQT Corp director Philip G Behrman acquired 24,190 shares and disposed of 12,680 in a set of related equity transactions.
22 Apr 2021director interest notice● Neutral
EQT Corp director Hallie A. Vanderhider received a stock option grant for 11,510 shares.
22 Apr 2021director interest notice● Neutral
EQT Corp director J T Mcmanus acquired 24,190 shares and disposed of 12,680 in a set of related equity transactions.
20 Apr 2021agm notice● Neutral
EQT said director Stephen Thorington died on April 17, 2021, and removed him as a nominee for the April 21 annual meeting. The board was cut from twelve to eleven directors, with no substitute nominee named.
12 Apr 2021substantial holder notice● Neutral
BlackRock, Inc reported a EQT Corp shareholding of 37,754,759 shares (13.50% of votes) in a periodic institutional filing.
1 Apr 2021director interest notice● Neutral
EQT Corp director Daniel J. Rice IV was credited 1,211 deferred share units under a company plan.
24 Feb 2021agm notice● Neutral
EQT filed its proxy statement for the virtual annual meeting on April 21, 2021, asking shareholders to elect 12 directors, approve a non-binding executive pay resolution and ratify Ernst & Young as auditor.
17 Feb 2021quarterly activities report▼ Bad
EQT reported fourth quarter 2020 net income of $64 million, against a $1,177 million loss a year earlier, and a full-year 2020 net loss of $967 million. It also gave 2021 guidance of 1,620–1,700 Bcfe of sales volumes and $1.10–1.20 billion of capital expenditures.
16 Feb 2021substantial holder notice● Neutral
T. ROWE PRICE ASSOCIATES, INC, T. ROWE PRICE MID-CAP VALUE FUND, INC reported a EQT Corp shareholding of 31,781,884 shares (11.40% of votes) in a periodic institutional filing.
12 Feb 2021director interest notice● Neutral
EQT Corp EVP, GC and Corp Sec Jordan William E. received 62,950 shares as part of the equity award.
12 Feb 2021director interest notice● Neutral
EQT Corp Chief Accounting Officer James Todd received 15,740 shares as part of the equity award.
12 Feb 2021director interest notice● Neutral
EQT Corp Chief Financial Officer Khani David M. received 78,680 shares as part of the equity award.
