3 June 2019agm notice● Neutral
EQT mailed a letter to shareholders touting its operating and free cash flow gains and urging a vote for its 12 director nominees on the GOLD proxy card against the Toby Rice Group's challenge.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 June 2019agm notice● Neutral
EQT filed a CEO email to employees highlighting operating improvements and pointing to a shareholder letter urging votes for its 12 director nominees on the GOLD proxy card at the July 10 annual meeting, which Toby Rice's group is contesting.
31 May 2019debt financing● Neutral
EQT took out a new $1.0 billion unsecured term loan and immediately drew it in full to repay $700 million of maturing 8.125% notes and pay down its revolving credit facility.
30 May 2019agm notice● Neutral
EQT posted and mailed a document to shareholders profiling its 12 director nominees and urging a vote for them on the GOLD universal proxy card. It told shareholders to discard any white card from the Rice Group.
30 May 2019agm notice● Neutral
EQT launched VoteGoldForEQT.com ahead of its July 10, 2019 annual meeting and urged votes for all 12 of its nominees on the GOLD card. It said it was on track for $300-$400 million of adjusted free cash flow in 2019 and rejected the Rice Group's slate.
30 May 2019agm notice● Neutral
CEO Robert McNally told employees EQT had launched VoteGoldForEQT.com for the upcoming annual meeting. He pointed them to videos of three new director nominees: Janet Carrig, James McManus II and Valerie Mitchell.
30 May 2019director interest notice● Neutral
EQT Corp President & CEO Mcnally Robert Joseph bought 13,572 shares on the open market at $18.37.
30 May 2019agm notice● Neutral
EQT posted materials on its new VoteGoldForEQT.com website urging shareholders to vote for all 12 company nominees on the GOLD universal proxy card. The materials promoted its strategic plan and board changes and criticised the Rice Group's platform.
28 May 2019agm notice● Neutral
CEO Robert McNally told employees that the definitive proxy statement had been filed for the July 10 annual meeting and urged votes for EQT's nominees on the GOLD card. He said the Rice Group was seeking control of the Board.
24 May 2019agm notice● Neutral
EQT filed its May 23 letter to shareholders urging a vote for all 12 of its director nominees on the GOLD universal proxy card ahead of the July 10, 2019 meeting. It said EQT had outperformed peers by 61% since the midstream spin-off.
23 May 2019agm notice● Neutral
EQT filed its definitive proxy statement and mailed a letter urging shareholders to vote for all 12 of its nominees on the GOLD universal card at the July 10, 2019 annual meeting. The letter attacked the Rice family's competing slate.
20 May 2019agm notice● Neutral
EQT told shareholders to ignore the Rice family's white proxy card and wait for EQT's GOLD universal card, citing over $300 million of adjusted free cash flow in two quarters. It said it was on track for about $300 to $400 million of adjusted free cash flow in 2019.
16 May 2019agm notice● Neutral
EQT filed a transcript of CEO Rob McNally's Bloomberg TV interview, in which he defended the management team against the Rice brothers' proxy challenge, citing $150 million of run-rate cost cuts and $300 million of free cash flow. He also said LNG tariffs would have little near-term effect.
16 May 2019agm notice● Neutral
EQT filed social media communications made on May 16, 2019 on Twitter, LinkedIn and Facebook as soliciting material for its 2019 annual meeting. The posts' content was not included.
15 May 2019agm notice● Neutral
EQT filed social media communications made on May 15, 2019 on Twitter, LinkedIn and Facebook as soliciting material for its 2019 annual meeting. The posts' content was not included.
9 May 2019agm notice● Neutral
CEO Rob McNally told employees that EQT filed its preliminary proxy statement for the July 10, 2019 meeting, nominating three new directors amid Toby Rice's nine-nominee proxy contest. He said the board would use a universal proxy card.
8 May 2019agm notice● Neutral
EQT nominated Janet Carrig, James McManus II and Valerie Mitchell to its board for the July 10, 2019 annual meeting, with three long-serving directors stepping down. It also adopted a universal proxy card and rejected Toby Rice's nine nominees.
6 May 2019agm notice● Neutral
EQT's chairman told senior management that Toby Rice's lawsuit was a distraction and that EQT had never threatened to misuse director consent language. The board approved the Rice nominees solely for credit agreement change-of-control purposes while opposing their election.
25 Apr 2019agm notice● Neutral
EQT responded to a lawsuit filed by Toby Rice in Pennsylvania court, calling it a distraction from strong first-quarter results. It said its board was reviewing the Rice Team nominees and that it had generated over $300 million of adjusted free cash flow in the last two quarters.
25 Apr 2019agm notice● Neutral
EQT filed an excerpt from its Q1 2019 earnings call in which the CEO said the board was reviewing the Rice nominees and preparing proxy materials. He called the Rice litigation announcement much ado about nothing and a distraction from a strong quarter.
25 Apr 2019quarterly activities report● Neutral
EQT Corp reported quarterly revenue of $1143.2 million and net income of $190.7 million for the period ended 2019-03-31.
25 Apr 2019quarterly activities report● Neutral
EQT Corp reported quarterly revenue of $1143.2 million and net income of $190.7 million for the period ended 2019-03-31.
24 Apr 2019director interest notice● Neutral
Gould Gary E became a EQT Corp EVP & Chief Operating Officer and company insider (initial ownership filing).
24 Apr 2019director interest notice● Neutral
EQT Corp EVP & Chief Operating Officer Gould Gary E received 221,390 shares and a 110,100-share option grant as part of the equity award.
3 Apr 2019director interest notice● Neutral
EQT Corp director Cary A. Bray Jr. bought 1,205 shares on the open market at $20.74.
3 Apr 2019director interest notice● Neutral
EQT Corp director Rice Daniel J. IV bought 1,025 shares on the open market at $20.74.
3 Apr 2019director interest notice● Neutral
EQT Corp director Maccleary Gerald F. bought 1,085 shares on the open market at $20.74.
1 Apr 2019director interest notice● Neutral
EQT Corp EVP, Production Centofanti Erin R. bought 7,765 shares on the open market at $20.83.
1 Apr 2019director interest notice● Neutral
EQT Corp President & CEO Mcnally Robert Joseph bought 12,660 shares on the open market at $20.80.
25 Mar 2019agm notice● Neutral
EQT filed an investor presentation and said it had cut annual cash costs by about $150 million. It targeted $300 to $400 million of adjusted free cash flow in 2019 and $2.9 billion over five years.