|Bid||60.00 x 200|
|Ask||60.10 x 300|
|Day's Range||59.84 - 60.64|
|52 Week Range||55.40 - 79.53|
|PE Ratio (TTM)||11.56|
|Forward Dividend & Yield||4.10 (6.65%)|
|1y Target Est||N/A|
Master limited partnership companies are facing multiple "existential issues," so investors should look for exposure to companies with simple structures, according to Seaport Global Securities. ...
In the latest US rig count released by Baker Hughes (BHI), the number of active US rigs drilling for natural gas grew by four last week to 194. There were 160 active natural gas rigs a year ago. According to the latest numbers, 57 rigs now lie in the Marcellus Shale, which had 44 active rigs last year around the same time.
EQT Corp. announced Thursday that President and CEO Steve Schlotterbeck had resigned immediately and would be replaced in the interim by former Chairman and CEO David L. Porges. EQT (EQT), the largest independent natural gas producer in the U.S., said Schlotterbeck left as president and CEO and the EQT board for personal reasons.
EQT, the nation's biggest natural gas producer, will spin off its pipeline business into a new publicly traded company.
EQT Corp. announced Wednesday it would spin off its midstream division into a new publicly traded company in the third quarter. The separation will be accomplished tax-free to shareholders, who will receive a pro-rated share of the midstream company while retaining their EQT stock. The move will include a dropdown of EQT's midstream assets to EQT Midstream Partners LP (EQM), EQT's master limited partnership for midstream assets.