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EQT To Take Up To $1.8 Billion Charge Due To Low Gas Prices

2020-01-13 22:00:00| OGI

U.S. natural gas producer EQT Corp. said Jan. 13 it would take a non-cash impairment charge of up to $1.8 billion in the fourth quarter driven by record low gas prices.

Tags: to due low prices

 

EQT Appoints CONSOL Energys David Khani As CFO

2020-01-03 18:20:00| OGI

The appointment completes the transformation Appalachian shale gas giant it undertook after the companys former management team was replaced last year following an activist investor takeover led by Toby Z. Rice.

Tags: david cfo appoints consol

 
 

EQT Infrastructure merges IP-Only with GlobalConnect

2019-11-21 11:17:00| Telecompaper Headlines

(Telecompaper) Swedish private equity fund EQT Infrastructure has announced the merger of its portfolio companies IP-Only of Sweden and GlobalConnect, which supplies fibre communications and data centre services in Norway, Denmark and Northern Germany.

Tags: infrastructure merges eqt globalconnect

 

EQT To Cut Spending On US Natural Gas Production

2019-11-01 10:35:40| OGI

EQT, the biggest U.S. natural gas producer, said Oct. 31 it cut its capex guidance for 2019 and 2020 as new management highlighted their plans to deal with low energy prices.

Tags: natural production cut gas

 

EQT Streamlines Departments, Reduces Workforce By 23%

2019-09-10 22:46:44| OGI

Company says changes will increase efficiency, improve operational focus and reduce approximately $50 million in annual G&A costs.

Tags: departments reduces workforce streamlines

 

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