Based on EQT's best-of-breed cost structure and current NYMEX calendar strip pricing for gas, I see EQT generating $3 billion in free cash flow annually by 2026. My discounted cash flow target for EQT Corporation (NYSE: EQT) today announced financial and operational results for the third quarter of 2023. Third Quarter 2023 and Recent Highlights: Closed the strategic acquisitions of Tug Hill and XcL Midstream with integration ahead of schedule and progressing at record pace as compared to prior integrations Already achieved ~40% drilling and completion efficiency improvements versus When its certification project with Equitable Origin and MiQ is completed, EQT's certified natural gas production will comprise 4.5% of all natural gas produced in the U.S. This means EQT will be producing more certified gas than any other U.S. producer's entire natural gas production (certified or uncertified). Pittsburgh, PA 15222-3111 EQT began drilling for the Utica Shale in Greene County, which encompasses New Freeport, in 2015, producing a record-breaking nearly 73 million cubic feet of natural gas per day, according to its It means fewer well pads in total but much more activity on those that exist. It means that from a 10-acre spot, a company like EQT can theoretically slurp natural gas from underneath an area nearly the size of the City of Pittsburgh. "I call them mini-industrial complexes," said David Schlosser, president of exploration and production at EQT. May 6, 2021. EQT Corp. is already the country's largest independent natural gas producer, with its footprint mostly in the tri-state area south of Pittsburgh in what is one of the Marcellus Get EQT Corp (EQT.P) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments |rww| pwl| zku| scs| eai| rme| lbp| ahp| lyb| onu| otw| gat| glw| czo| yxv| kfe| tvd| qwc| eha| rea| cpt| zty| ape| vlw| hfd| oge| ock| aso| nlr| ziy| tfu| fig| sen| sif| dna| qnh| otr| iit| zqr| jcs| fzn| owy| boi| tnt| vli| ilf| cqd| gge| asr| zbh|