EQT (ASX: EQT) — Company Overview, News & Financial Data
EQT is engaged in natural gas production in the Marcellus Shale, emphasizing sustainability and efficiency.
EQT
EQT is an independent natural gas production company with operations concentrated in the Appalachian Basin, primarily within Pennsylvania, West Virginia, and Ohio. As one of the largest natural gas producers in the United States, the company engages in the exploration, extraction, gathering, and transmission of natural gas and natural gas liquids. Through integrated midstream assets and extensive well pad developments in the Marcellus and Utica shale formations, the organization supplies clean-burning energy to local utilities, power plants, industrial consumers, and interstate pipeline networks feeding liquefied natural gas export facilities.
Snapshot
Operations
Products and/or services of EQT
- Natural Gas Production: Exploration, drilling, and production of natural gas from unconventional shale reservoirs in the Marcellus and Utica formations across southwestern Pennsylvania, northern West Virginia, and eastern Ohio, delivering billions of cubic feet per day.
- Natural Gas Liquids Extraction: Recovery and processing of natural gas liquids, including ethane, propane, butane, and natural gasoline, separated during upstream natural gas production in liquid-rich Appalachian Basin acreage to serve industrial and petrochemical markets.
- Midstream Operations: Operation of natural gas gathering lines, compression stations, and high-pressure transmission pipelines that transport raw and processed natural gas from Appalachian wellheads to regional market hubs and interstate pipeline interconnects.
- Water Infrastructure and Logistics: Provision of centralized water management, distribution piping, impoundments, and recycling services required for high-volume hydraulic fracturing operations across core operating development areas in Pennsylvania and West Virginia.
- Commercial Marketing and Logistics: Direct wholesale marketing, capacity transport booking, and physical delivery of natural gas to power generators, utility distributors, industrial users, and liquefied natural gas export terminals along the Gulf Coast and Eastern seaboard.
- Carbon Capture and Emissions Reduction: Implementation of pneumatic device replacement programs, electrification of drilling rigs, and development of carbon capture, utilization, and storage infrastructure to eliminate Scope 1 and Scope 2 operational greenhouse gas emissions.
EQT executive team
- Mr. Toby Z. RicePresident, CEO & Director
- Mr. Jeremy T. KnopChief Financial Officer
- Mr. Richard Anthony DuranChief Information Officer (sabbatical leave)
- Mr. William E. JordanChief Legal, Policy Officer & Corporate Secretary
- Mr. J. E.B. BolenExecutive Vice President of Operations
- Mr. Todd M. JamesChief Accounting Officer
- Mr. Cameron Jeffrey Horwitz C.F.A.Managing Director of Investor Relations & Strategy
- Ms. Lesley EvanchoChief Human Resources Officer
- Ms. Sarah FentonExecutive Vice President of Upstream
- Ms. Amy RogersHead of Strategic Communications