Past year: ▼ 2%(48.56 – 63.64 USD)
Each one in plain English, with the numbers worked through for a shareholder.
1 July 2025capital raising announcement▲ Good
EQT extended its revolving credit facility's maturity by a year, to July 2030, exercising the first of two one-year extension options under its 2024 credit agreement -- routine, but a sign of continued lender confidence.
22 Apr 2025capital raising announcement▲ GoodMajor
EQT agreed to acquire oil and gas properties from Olympus Energy, Hyperion Midstream and Bow & Arrow Land, issuing about 26 million EQT shares as partial consideration, expected to close Q3 2025 -- another bolt-on continuing its Appalachian consolidation.
26 Nov 2024capital raising announcement▲ GoodMajor
EQT signed the contribution agreement forming its $3.5 billion "Pipebox" midstream joint venture with a Blackstone Credit & Insurance affiliate -- EQM contributing the Mountain Valley Pipeline mainline interests, FERC-regulated transmission/storage assets and the Hammerhead pipeline for a majority stake, Blackstone contributing $3.5 billion cash -- the deal that closed the following month.
27 Dec 2022capital raising announcement▼ Bad
EQT and the Tug Hill sellers signed an amended purchase agreement that pushed the deal's outside date from December 30, 2022 to December 29, 2023 because of the FTC's Second Request. The $150 million escrow was released to the sellers against a promissory note, the term loan commitments were extended to June 30, 2023, and the remaining bridge loan commitments were terminated.
7 Sept 2022capital raising announcement▲ GoodMajor
EQT agreed to buy Tug Hill's upstream oil and gas assets and XcL Midstream's gathering and processing assets for $2.6 billion in cash plus 55.0 million EQT shares, with closing expected by December 2022 subject to antitrust waiting periods.
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.
29 Apr 2020capital raising announcement● NeutralMajor
EQT sold $500 million of 1.75% convertible senior notes due 2026 in a private offering, including a fully exercised $60 million option. It used $450 million of net proceeds to repay term loan borrowings and $32.5 million for capped call transactions.
