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EQT Corporation (EQT)


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56.51+0.09 (+0.16%)
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EQT Corporation

EQT Plaza
625 Liberty Avenue
Pittsburgh, PA 15222
United States
412-553-5700
http://www.eqt.com

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees1,809

Key Executives

NameTitlePayExercisedAge
Mr. David L. PorgesExec. Chairman3.72MN/A59
Mr. Steven T. SchlotterbeckChief Exec. Officer, Pres, Pres of Exploration & Production and Director2.03M447.88k52
Mr. Robert J. McNallyChief Financial Officer and Sr. VP1.54MN/A46
Mr. Lewis B. Gardner Esq.VP of External Affairs and Gen. Counsel1.01MN/A60
Ms. Jimmi Sue SmithChief Accounting OfficerN/AN/A44
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. The company operates through three segments: EQT Production, EQT Gathering, and EQT Transmission. The EQT Production segment engages in the exploration for, development, and production of natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2016, this segment had 13.5 trillion cubic feet of proved natural gas, NGL, and crude oil reserves across approximately 3.6 million gross acres comprising approximately 790,000 gross acres in the Marcellus play. The EQT Gathering is involved in natural gas gathering activities. As of December 31, 2016, this segment operates approximately 300 miles of high pressure gathering lines with approximately 1.8 billion cubic feet of total firm gathering capacity and various interconnect points; and approximately 1,500 miles of FERC-regulated low pressure gathering lines. The EQT Transmission segment engages in natural gas transmission and storage activities. As of December 31, 2016, this segment operates approximately 950-mile FERC-regulated interstate pipeline that connects to six interstate pipelines and multiple distribution companies. EQT Corporation was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania.

Corporate Governance

EQT Corporation’s ISS Governance QualityScore as of May 1, 2017 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.