EQT Corporation

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EQT Corporation - overview

Established

1888

Location

Pittsburgh, PA, US

Primary Industry

Oil & Gas

About

EQT Corporation is a leading producer and distributor of natural gas, primarily focused on delivering clean energy solutions. The company operates extensively in the Appalachian region, contributing significantly to the U. S. natural gas supply.


Founded in 1888 in Pittsburgh, US, EQT Corporation specializes in natural gas production. The company has evolved over the years to adapt to market demands but has maintained its focus on natural gas as its core business. It operates numerous facilities across the Appalachian region and has a strong presence in various U. S.


markets. The founder's history is not explicitly documented, and the company currently does not have notable subsidiaries or parent firms. EQT Corporation specializes in the production and distribution of natural gas, primarily derived from its extensive operations in the Appalachian region, which accounts for a significant portion of the U. S.


natural gas output. The company is a vertically integrated natural gas producer, emphasizing affordable, reliable, and clean energy solutions. EQT's offerings include raw natural gas, utilized across various sectors such as residential heating, electricity generation, and industrial applications. The company caters to a diverse range of clients, including energy distributors and residential consumers, primarily within the Northeastern, Southeastern, and Midwestern United States.


EQT employs advanced technologies to enhance production efficiency and minimize environmental impact. EQT Corporation generates revenue through the sale of natural gas, primarily from B2B agreements with energy distributors and utility companies. The company also participates in joint ventures with other firms to broaden its market reach. Revenue streams are derived from both long-term contracts and spot market sales, where clients purchase gas based on current market prices.


Although specific pricing strategies are not disclosed, EQT is committed to delivering value through its natural gas products, leveraging the dynamics of regional supply and demand. EQT Corporation is focused on enhancing its operational capabilities and expanding into new markets. The company is developing new products aimed at increasing efficiency and sustainability, with plans to introduce these products in the near future. Targeted geographic expansions include increasing its footprint in the Southeastern and Midwestern United States by 2025.


Recent funding will support these initiatives, allowing EQT to invest in advanced technologies and infrastructure improvements to meet growing market demands.


Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Exploration and Production

Website

www.eqt.com

Total Amount Raised

Subscriber access only

EQT Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedTug Hill Operating-
Trade SaleCompletedXcl Midstream, LLC-
Trade SaleCompletedAlta Resources, LLC-
Trade SaleCompletedRice Energy-

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