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Form 8-K · Current Report · Filed 2024-07-18

EQT Corporation Approves Significant Share Authorization Increase and Merger Proposal

On July 18, 2024, EQT Corporation shareholders approved an amendment to the company's Restated Articles of Incorporation to increase the authorized number of common shares from 640 million to 1.28 billion.

Filer
EQT Corporation EQT · NYSE
Filed
Accession
0001104659-24-080846
CIK
0000033213
Signal
High impactEnergy

Details

Additionally, the shareholders approved a proposal to issue shares of common stock in connection with the previously announced Merger Agreement with Equitrans Midstream Corporation, expected to close on July 22, 2024. Financial statements and exhibits were also furnished with the filing.

Items reported

Item 5.03

Amendments to Articles of Incorporation or Bylaws

Authorized Share Increase
Item 5.07

Submission of Matters to a Vote of Security Holders

Shareholder Rejection Equity Plan Approved
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$35.60

Next session

+0.8%

Since filing

+49.7%

Latest close

$53.29

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from EQT reporting the same item, with the next session's move:

Exhibits (1)

About EQT Corporation

EQT Corporation is a leading natural gas producer with significant operations in the Appalachian Basin, one of the richest natural gas fields in the United States. As a key player in the energy sector, EQT focuses primarily on the exploration, production, and distribution of natural gas, thereby playing an integral role in the energy supply chain. The company's operations are anchored in advanced drilling techniques and technologies aimed at maximizing efficiency and environmental compatibility. EQT's commitment to sustainable practices is evident in its efforts to reduce carbon emissions and enhance energy production technologies. Serving both domestic and international markets, EQT's robust infrastructure and strategic asset base ensure a reliable energy supply, shaping the dynamics of the natural gas market. By leveraging its scale and operational expertise, EQT contributes significantly to energy security and economic growth, making it a pivotal entity within the global energy landscape.

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