The Texas oil and natural gas industry is poised to find its “cyclical trough” early this year, according to one of the state’s leading industry groups. The state’s share of total U.S. oil production had grown to roughly 42% in 2019, and by the end of 2020 its share was up to 44%, according to…
Job Cuts
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EQT Cuts Staff by 23% as Transition Continues Under New Management
Pittsburgh-based EQT Corp. is cutting 23% of its workforce, or 196 jobs, as it presses ahead with a new direction led by CEO Toby Rice.
September 11, 2019