secwatch.observer — SEC 8-K summary
======================================

Issuer:     EQT Corp (EQT)
CIK:        0000033213
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0000033213-24-000042
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EQT Q3 net loss $301M, adjusted EPS $0.12; sells non-operated PA assets for $1.25B
--------------------------------------------------------------------------------

- Q3 2024 net loss $301M ($0.54 diluted loss); adjusted net income $69M ($0.12 adjusted EPS) vs prior yr income $81M ($0.20 EPS).
- Sales volume 581 Bcfe (above high-end guidance); avg realized price $2.38/Mcfe (+$0.10 YoY).
- Integration of Equitrans over 60% complete; $145M annualized base synergies derisked.
- Agreement to sell remaining non-operated PA assets to Equinor for $1.25B cash; proceeds to debt repayment; close expected Q4 2024.
- Q4 2024 guidance: sales 555-605 Bcfe, total operating costs $1.07-$1.21/Mcfe, CapEx $630-$730M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33213/000003321324000042/0000033213-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33213/000003321324000042/eqt-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000033213-24-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer