EQT Corp. CEO Toby Rice said Thursday the largest natural gas producer in the United States is positioning itself for a “new era of sustainable shale,” further shaping its strategy to evolve into a lower carbon future. 

EQT emissions intensity

“As the largest producer of natural gas in the U.S., we’re able to forge new paths and open new markets to achieve sustainable growth,” Rice said. “This affords us the ability to pursue meaningful opportunities that smaller peers cannot.”

The board has approved $75 million to explore new venture opportunities, Rice told analysts during a call to discuss second quarter results. “This seed capital allows us to initiate several pilot programs over the next few years” aimed at further cutting emissions. 

The company is aiming for net-zero Scope...