EQT To Sell Remaining Non-operated Natural Gas Assets In Northeast Pennsylvania For $1.25B In Cash
Portfolio Pulse from Benzinga Newsdesk
EQT Corporation has announced the sale of its remaining non-operated natural gas assets in Northeast Pennsylvania for $1.25 billion in cash. This move is part of EQT's strategy to streamline its operations and focus on core assets.
October 29, 2024 | 8:58 pm
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EQT Corporation is selling its remaining non-operated natural gas assets in Northeast Pennsylvania for $1.25 billion in cash. This sale aligns with EQT's strategy to streamline operations and focus on core assets.
The sale of non-operated assets for $1.25 billion in cash will likely improve EQT's financial position and allow the company to focus on its core operations. This strategic move is expected to positively impact EQT's stock price in the short term.
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