EQT Corporation Extends Share Repurchase Program by Two Years

Details

The program, which was set to expire on December 31, 2024, will now expire on December 31, 2026. The extension maintains the same terms as the original program, with an approximate remaining value of $1.4 billion for share repurchases. Repurchases will be made periodically based on various factors, including market conditions and legal requirements.

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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.