EQT Delivers Strong Q1 Results, Announces Transformational Equitrans Midstream Acquisition

EQT Corporation (NYSE: EQT) reported its financial and operational results for the first quarter of 2024. The company’s strong performance and operational momentum were demonstrated by its exceptional drilling team and record-breaking completions. EQT also reported lower LOE, below its forecast, as the benefits of their strategic water infrastructure investments become more tangible. Notably, the company announced the transformational acquisition of Equitrans Midstream, a move that will create America’s first large-scale integrated natural gas business. This acquisition is expected to provide a well-to-watt solution that will meet growing baseload demand associated with the data center and AI boom. EQT’s clean, reliable, and affordable natural gas will play a crucial role in meeting the growing power needs domestically and internationally.

Scroll to Top