|Bid||14.17 x 900|
|Ask||19.37 x 800|
|Day's Range||19.29 - 19.85|
|52 Week Range||16.29 - 31.24|
|Beta (3Y Monthly)||0.63|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||0.12 (0.59%)|
|1y Target Est||25.61|
These Drivers Could Support Natural Gas Prices Next WeekNatural gas’s rise limited energy stocks’ downsideOn May 23, natural gas June futures rose 1.4% to $2.578 per MMBtu (million British thermal units). Inventory data, a fall in natural gas
EQT Corporation (EQT) today announced that it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission in connection with the Company’s 2019 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled for July 10, 2019. EQT shareholders of record as of the close of business on May 14, 2019, will be entitled to vote at the Annual Meeting. The EQT Board of Directors (the “Board”) recommends that shareholders support the EQT team and strategy that is delivering results by voting on the GOLD universal proxy card “FOR” EQT’s 12 highly qualified director nominees.
As shareholders of EQT, you may soon receive a proxy statement with voting materials from the Rices regarding EQT’s upcoming 2019 Annual Meeting. The EQT Board of Directors strongly urges you not to sign or return any white proxy card sent to you by the Rices. The EQT Board of Directors intends to file the Company’s definitive proxy statement shortly with the U.S. Securities and Exchange Commission.
Toby Z. Rice and Derek A. Rice, shareholders of EQT Corporation (EQT), with an approximately 3% ownership interest, today filed a definitive proxy statement and sent a letter to EQT shareholders outlining their comprehensive plan to transform EQT into a modern and efficient energy producer capable of driving improved shareholder returns.
It said two of EQT's recently announced slate of directors "appeared qualified to serve on the EQT board."
EQT Corp shareholders Rice brothers said on Thursday they will reduce their director nominees to the company's board from nine to seven, after EQT decided to replace three long-serving directors. Rice Energy's Toby Rice and brother Derek own around 3% of EQT and have been pushing for a change in its strategy and a shakeup of the board. Toby and Derek Rice are part of Rice Energy's founding team, which EQT bought in November 2017.
Toby Z. Rice and Derek A. Rice , shareholders of EQT Corporation , with a stake of approximately 3%, today announced they are reducing the size of their slate of highly qualified nominees for the EQT Board from nine to seven.
ZURICH/FRANKFURT (Reuters) - Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.1 billion), as the food group shifts its portfolio in response to changing consumer demands. The proposed transaction with private equity firm EQT, a unit of the Abu Dhabi Investment Authority and PSP Investments is expected to close in the second half of 2019 pending regulatory approval, Nestle said on Thursday. Nestle Chief Executive Mark Schneider put the skin health unit up for sale last September as the group moved to ditch underperforming businesses, following years of slowing growth as many consumers favoured fresh foods over packaged goods.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
By Arno Schuetze and Oliver Hirt FRANKFURT/ZURICH (Reuters) - Buyout group EQT Partners is putting plans for a sale of outsourcing firm VFS on ice as suitors' views on valuation were too far away from ...
EQT Corp. Chairman Jim Rohr said Thursday that the decision to retire from the company’s board of directors was his decision. Rohr is better known as the former executive chairman and CEO of PNC Financial Services Group Inc. (NYSE: PNC), from which he retired in April 2014.
EQT Corp shareholders Rice brothers on Thursday said the company's plan to replace three board members was not enough and urged it to change its leadership. The oil and gas producer said on Wednesday three of its long-serving directors, including its chairman James Rohr, would step down and announced plans to nominate their replacements. Rice Energy's Toby Rice and brother Derek, who own around 3.1 percent stake in EQT, have been asking for Toby Rice to be made the company's chief executive officer.
Toby Z. Rice and Derek A. Rice , shareholders of EQT Corporation , today issued the following statement in response to the public letter sent by certain members of EQT’s Board of Directors.
Company announces its slate of directors as it fights off takeover attempt by former Rice Energy executives Toby Z. Rice and Derek Rice.
EQT Corp on Wednesday said three long-serving directors will step down from the company's board, at a time when the oil and gas producer fights a proxy battle with Rice brothers. The company plans to nominate Janet Carrig, James McManus II and Valerie Mitchell to the board, to replace outgoing executives - chairman James Rohr and directors Bray Cary or Lee Todd - who will not seek re-election, it said. Rice Energy's Toby Rice and brother Derek, who own around 3.1 percent of EQT, have been pushing for a change in EQT's strategy and a shakeup of the board.
EQT Corporation (EQT) today filed its preliminary proxy statement and announced that its Board of Directors has nominated three new independent director candidates, Janet L. Carrig, James T. McManus II and Valerie A. Mitchell, to stand for election to its Board of Directors at the Company’s 2019 Annual Meeting of Shareholders on July 10, 2019.
EQT Corp NYSE:EQTView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for EQT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.53 billion over the last one-month into ETFs that hold EQT are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. EQT credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Following a lawsuit by Toby Z. Rice and Derek A. Rice, EQT has agreed to accept their nominations to the board.
Toby Rice, the co-founder of Rice Energy, which was acquired by EQT Corp in 2017, said in a statement on Sunday he would drop his lawsuit against EQT after the U.S. oil and gas producer said it was not seeking to manipulate the outcome of his board challenge. Rice and his brother Derek have put forward a slate of nominees to challenge EQT's board in a shareholder vote in July, arguing EQT has mismanaged the $6.7 billion acquisition of their company to the detriment of EQT investors. In a lawsuit last month, Rice also accused EQT of seeking to mislead its shareholders by portraying his board nominees as endorsing EQT's existing board, and presenting their election as triggering covenants that would require EQT to repay early or refinance its debt.
Concessions Follow Lawsuit From Rice Team