|Bid||38.45 x 900|
|Ask||38.59 x 1000|
|Day's Range||38.31 - 39.50|
|52 Week Range||28.11 - 45.91|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||4.27|
|Earnings Date||Oct 24, 2023 - Oct 30, 2023|
|Forward Dividend & Yield||0.60 (1.55%)|
|Ex-Dividend Date||Aug 08, 2023|
|1y Target Est||48.24|
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Houston-based Commonwealth LNG is one step closer to reaching a final investment decision for its liquefied natural gas export facility in Cameron, Louisiana, thanks to a deal with Pittsburgh-based EQT Corp. (NYSE: EQT), the largest producer of natural gas in the U.S.
EQT Corp. announced it had reached a tentative liquified natural gas agreement to supply Commonwealth LNG’s potential project in Cameron, Louisiana. The framework is a nonbinding agreement to provide 1 million tons a year of LNG of EQT’s natural gas beginning in 2027 when the plant could open. Financial terms of the agreement weren’t disclosed.
EQT expands LNG footprint with the announcement of a 15-year tolling agreement with Commonwealth LNG.