EQT Corp. has filed a lawsuit in federal court arguing that West Virginia’s flat-rate lease statute is unconstitutional. Legislators last month passed a bill prohibiting post-production expenses from being deducted from flat-rate royalties.
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Articles from Eqt
Former EQT CEO Cites His ‘Value’ to Company in Decision to Resign
Former EQT Corp. CEO Steven Schlotterbeck, who resigned abruptly on Thursday, took to social media to dispel rumors, hinting that the “personal reasons” cited by the company board announcement boiled down to compensation.
EQT Steps Into New Era, As Separation of Midstream, Upstream Businesses Begins
Bending to the war chest it has accumulated in a series of acquisitions across the Appalachian Basin and the will of shareholders that expect more value from it, EQT Corp. on Wednesday highlighted a plan to dump all of its midstream assets into a separate publicly traded company.
Investors Yearning for Simplicity After EQT, Rice Tie-Up Breeds Natural Gas Juggernaut
EQT Corp. produced an astounding 4 Bcfe/d in December, its first full month of integrated operations after completing the acquisition of Rice Energy Inc. in a deal that gave rise to the nation’s largest natural gas producer.
Shareholders Approve EQT Deal to Acquire Rice
EQT Corp. on Thursday cleared the final hurdle to create the nation’s largest natural gas producer after receiving necessary shareholder approvals to acquire Rice Energy Inc.
EQT Focusing on Rice Merger, Future NatGas Gains in Appalachia
With just two weeks before shareholders vote on the $8 billion acquisition of Rice Energy Inc., EQT Corp.’s management team Thursday continued to plug the merger’s benefits and what it could mean for the future of the company.
Pin Oak Seals Another Small Deal for Seneca NatGas Assets
Akron, OH-based Pin Oak Energy Partners LLC continued a buying spree on Wednesday, announcing that it had completed a transaction to acquire 4,300 gross acres in northwest Pennsylvania from Seneca Resources Corp.
EQT Fast-Tracks Plans to Unlock Shareholder Value Ahead of Rice Acquisition
EQT Corp. is accelerating a plan to address shareholder concerns that the stock is trading at a discount to overall value, announcing that a board committee would make recommendations by the end of March.
Activist Investor Wants EQT, Rice Energy Merger Scrapped
EQT Corp. investor Jana Partners LLC wants the producer to scrap its multi-billion dollar agreement to acquire Rice Energy Inc. and instead pursue the separation of its upstream and midstream businesses, which the hedge fund believes would create substantially more value for shareholders.
EQT Midstream Slowly Ramping Up Ohio Valley Connector
Less than one week after receiving regulatory approval from FERC, EQT Midstream Partners LP (EQM) is slowly bringing its Ohio Valley Connector (OVC) pipeline into service.