EQT reports preliminary Q4 sales 560-570 Bcfe; extends term loan to June 2026

EQT Corp

Preliminary Q4 sales volumes 560-570 Bcfe; avg realized price $2.70-$2.80/Mcfe.
Total gain on derivatives of $672M; net cash settlements received $276M.
2024 capex guided $2.15-2.35B; Q4 capex $530-560M.
Convertible notes: $289.6M principal converted into 19.99M shares; $583K to be redeemed.
Term loan maturity extended to June 2026, effective upon prepayment to ≤$750M.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

EQT Corp amended Third Amendment to Credit Agreement with PNC Bank, National Association valued at extends maturity date from June 30, 2025 to June 30, 2026; requires prepayment so outstanding loans (effective 2024-01-16).

Action: amendment
Agreement: credit facility
Counterparty: PNC Bank, National Association
Value: extends maturity date from June 30, 2025 to June 30, 2026; requires prepayment so outstanding loans
Effective: 2024-01-16

Exact text from the filing

On January 16, 2024, EQT Corporation (“EQT”) entered into a Third Amendment to Credit Agreement (the “Term Loan Amendment”) with PNC Bank, National Association (“PNC”), as administrative agent, and the other lenders party thereto.

View on SEC.gov

Browse all material agreements →

EQT Corp filing history →

Source: SEC EDGAR

accession 0001104659-24-004320

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.